The emergence of wireless technologies and the rise in data sharing through accountable care organizations (ACOs) are some of the primary factors driving the demand for cloud computing in the global healthcare industry. Read More: http://www.transparencymarketresearch.com/healthcare-cloud-computing.html

1. Cloud Computing Market In Healthcare
Industry - Global Industry Analysis, Size,
Share, Trends and Forecast upto 2018
The global cloud computing market in the healthcare industry is
exhibiting a high CAGR of 21.30% within a forecast period of 2012 to
2018. The market was valued at US$1.82 bn in 2011. Assuming that
growth occurs consistently, this market will reach US$6.79 bn by 2018,
as stated in a research report released by Transparency Market Research.
The report is titled, “Cloud Computing Market - Global Industry
Analysis, Size, Share, Trends And Forecast 2012 - 2018”.
The rapid pace of expansion in this market can be attributed to the rising
need for healthcare organizations (HCOs) to provide more flexible and
faster healthcare services to patients, to manage as well as fully optimize
their IT systems, to comply with evolving regulatory norms, and ensure
the security of confidential patient information.
The emergence of cloud computing in the healthcare industry is
designed to increase cost efficiency and productivity among HCOs and
the growing digitalization within the sector has considerably supported
the market.
“The high level of customization required by various healthcare
organizations has resulted in the emergence of a large number of market
players with unique expertise,” a TMR analyst points out. This level of
customized services prevents any form of standardization across the
market.

2. Concerns About Data Leakage is a Major Challenge for Market
Players
Rapid transformations in the healthcare IT sector, coupled with the
growing demand for security of access and data integrity have supported
the growth of cloud computing in the healthcare industry. “An increasing
number of companies are reducing investments in the creation and
maintenance of a physical IT infrastructure and are shifting towards
cloud computing for easier management of profiles,” states TMR.
Browse Full Research Report on Cloud Computing Market In
Healthcare Industry:
http://www.transparencymarketresearch.com/healthcare-cloud-
computing.html
However, data relocation from established systems is a major hiccup in
the market’s growth during the forecast horizon. Data integration and
consistency is also another challenge faced by the market players. The
growing concerns pertaining to data leakage have made a number of
healthcare providers apprehensive about the adoption of the cloud
computing technology.
The market players are focusing on the introduction of wireless
technologies in cloud computing solutions to allow remote access of
data on a real-time basis. The increasing usage of ACOS for data sharing
through mobile devices has created ample opportunities for the growth
of the market players.

3. PaaS to be Largely Preferred by the Healthcare Industry
Among the major service models, the Platform-as-a-Service (PaaS)
model is expected to register the highest demand. “Simple application
and high rate of deployment are the primary factors driving the demand
for the PaaS model,” states TMR. The PaaS model does not rely on
hardware and software and offers support within the service’s lifecycle.
Though the market was dominated by the IaaS model in 2011, PaaS is
anticipated to generate more revenue in the years to come.
The competitive landscape of the global cloud computing market in the
healthcare industry is crowded by the presence of a large number of
players. The presence of a large number of participants has led to the
fragmented nature of the market. Some of the major players operating in
the global cloud computing market in the healthcare industry are Cisco
Systems Inc., Carestream Health Inc., Carecloud Corp., AGFA
Healthcare, IBM Corp., Cleardata Networks, Merge Healthcare Inc.,
Microsoft Corp., Intel Corp., and Oracle Corp.
The information in this review is based on the statistical findings of a
report published by Transparency Market Research, titled, “Cloud
Computing Market In Healthcare Industry - Global Industry Analysis,
Size, Share, Trends And Forecast 2012 - 2018.”

4. Browse Full Press Release on Cloud Computing Market In
Healthcare Industry:
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