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Global Healthcare Cloud Computing Market by (Applications, Deployment models, Service and Components) Worth $5.4 Billion by 2017 – New Report by Marketsandmarkets
Date:9/24/2013

of a service and the market can be categorized by two types of pricing models offered by the service vendors, the pay-as-you-go model and the subscription-based or spot pricing model. The fifth segmentation of the market is by its components namely, software, hardware, and services.

The market is witnessing a surge in the adoption of technology and cloud computing is expected to bring about a revolution in the healthcare IT market. Healthcare organizations are expected to deliver more while limiting healthcare costs at the same time. Despite this a few factors restrain the growth of this market with security and privacy concerns being the primary reasons for slow adoption of this technology.

Cloud computing is estimated to serve as a boon to the healthcare industry and the market is witnessing an increased adoption of this technology. In 2011, the penetration of cloud in healthcare was approximately 4%. A large number of HCOs are allocating funds for migration to cloud computing in the next five years.

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