New Market Study: Healthcare Cloud Computing Market (2012 - 2017)

Recently published research from Markets and Markets, "Healthcare Cloud Computing Market - Global Trends, Challenges, Opportunities & Forecasts (2012 - 2017)", is now available at Fast Market Research
By: Fast Market Research, Inc.
 
July 15, 2012 - PRLog -- Healthcare Cloud Computing (Clinical, EMR, SaaS, Private, Public, Hybrid) Market - Global Trends, Challenges, Opportunities & Forecasts (2012 - 2017)

Technologies in the healthcare IT industry are converging with time and are far outpacing the legacy systems used by hospitals and healthcare providers. Pronouncements by various countries such as American Recovery and Reinvestment Act of 2009 (ARRA) laid down by the U.S. government are encouraging businesses in the healthcare industry to utilize certain applications of electronic records. Recently, cloud technology has started replacing these legacy systems and offers easier and faster access to this data as defined by the way it is stored i.e. public, private or hybrid.

Cloud computing offers significant benefits to the healthcare sector; Doctor's clinics, hospitals, and health clinics require quick access to computing and large storage facilities which are not provided in the traditional settings, moreover healthcare data needs to be shared across various settings and geographies which further burdens the healthcare provider and the patient causing significant delay in treatment and loss of time. Cloud caters to all these requirements thus providing the healthcare organizations an incredible opportunity to improve services to their customers, the patients, to share information more easily than ever before, and improve operational efficiency at the same time. The flip side of this advantage is that healthcare data has specific requirements such as security, confidentiality, availability to authorized users, traceability of access, reversibility of data, and long-term preservation. Hence, cloud vendors need to account for all these while conforming to regulations such as HIPAA and Meaningful use.

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Full Report Details at
- http://www.fastmr.com/prod/438264_healthcare_cloud_comput...
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All the above factors bring the market for cloud computing to grow at a CAGR of 20.5% from 2010 to 2017 in healthcare. Although cloud computing offers significant advantages to HCOs and other stakeholders, it has set of restraints. Security of patient information, interoperability and compliance with government regulations are some of the factors which are slowing down this market.

Cloud technology has been adopted only in certain regions of the world, the majority share being held by the developed nations. The geographies studied include North America, Europe, Asia, and ROW. North America accounts for the lion's share in the cloud computing market with U.S. being the largest contributor to this region.

The healthcare cloud computing market is a fragmented one with no player occupying a share more than 5%. A few players in this market are CareCloud (U.S.), Carestream Health, Inc. (U.S.), Merge Healthcare, Inc. (U.S.), GE Healthcare (U.K.), and Agfa Healthcare (Belgium).

The scope of the report spans the cloud computing market in healthcare which comprises:

Global healthcare cloud computing market, by applications
Clinical Information Systems (CIS)
Electronic Medical Records (EMR)
Picture Archiving and Communication System (PACS)
Radiology Information System (RIS)
Computerized Physician Order Entry (CPOE)
Laboratory Information System (LIS)
Pharmacy Information System (PIS)
Others
Non Clinical Information Systems (NCIS)
Revenue Cycle Management (RCM)
Automatic Patient Billing (APB)
Cost accounting
Payroll
Claims management
Global healthcare cloud computing market, by pricing model
Pay-as-you-go
Spot pricing
Global healthcare cloud computing market, by deployment model
Public cloud
Private cloud
Hybrid cloud
Global healthcare cloud computing market, by components
Software
Hardware
Services
Global healthcare cloud computing market, by service model
Software-as-a-Service (SaaS)
Platform-as-a-Service (PaaS)
Infrastructure-as-a-Service (IaaS)
Healthcare cloud computing market, by geography
North America
Europe
Asia
Rest of the World (ROW)
Each section of the report offers market data for the various market segments and geographies. It also provides market trends with respect to drivers, restraints, and opportunities.

Partial Table of Contents:

1 INTRODUCTION
1.1 KEY TAKE-AWAYS
1.2 REPORT DESCRIPTION
1.3 MARKETS COVERED
1.4 STAKEHOLDERS
1.5 RESEARCH METHODOLOGY
1.5.1 MARKET SIZE
1.5.2 KEY DATA POINTS FROM SECONDARY SOURCES
1.5.3 KEY DATA POINTS FROM PRIMARY SOURCES
1.5.4 ASSUMPTIONS
2 EXECUTIVE SUMMARY
3 MARKET OVERVIEW
3.1 INTRODUCTION
3.2 EVOLUTION OF CLOUD COMPUTING IN HEALTHCARE
3.3 MARKET SEGMENTATION
3.4 MARKET DYNAMICS
3.4.1 DRIVERS
3.4.1.1 Reforms of various countries directly benefit healthcare IT and affect the healthcare budgets
3.4.1.2 Pay-as-you-go model and cost-efficiency of cloud
3.4.1.3 Improvements in storage technology
3.4.1.4 Greater flexibility and scalability of data
3.4.2 RESTRAINTS
3.4.2.1 Safeguarding patient information is an imperative task
3.4.2.2 Interoperability & standardization
3.4.2.3 Migration from legacy systems is considered a tedious task by providers
3.4.3 OPPORTUNITIES & TRENDS
3.4.3.1 Telecloud
3.4.3.2 Formation of accountable care organizations
3.5 MARKET SHARE ANALYSIS
4 CLOUD COMPUTING BENEFITS & CHALLENGES
4.1 BENEFITS/ADVANTAGES
4.1.1 ON-DEMAND NETWORK ACCESS & DYNAMICALLY CONFIGURABLE COMPUTING RESOURCES
4.1.2 AVOIDS USE OF RACKSPACE IN HCO DATACENTER
4.1.3 PAY-AS-USE PRICING FOR HCOS
4.1.4 AIDS IN DISASTER RECOVERY
4.2 CHALLENGES
4.2.1 LACK OF GUARANTEED AVAILABILITY OR RELIABILITY OF CLOUD SERVICE
4.2.2 MAJOR OUTAGES CAN AFFECT THE FUNCTIONING OF HCO'S
4.2.3 TCO MODEL FOR HCOS CANNOT BE FIXED LIKE OTHER INDUSTRY VERTICALS
4.2.4 HCOS NEED TO BE DEPENDENT ON VENDOR SECURITY
5 GLOBAL CLOUD COMPUTING HEALTHCARE MARKET, BY APPLICATIONS
5.1 INTRODUCTION
5.2 CLINICAL INFORMATION SYSTEMS (CIS)
5.2.1 ELECTRONIC MEDICAL RECORD (EMR)
5.2.2 PICTURE ARCHIVING & COMMUNICATION SYSTEM (PACS)
5.2.3 RADIOLOGY INFORMATION SYSTEM (RIS)
5.2.4 COMPUTERIZED PHYSICIAN ORDER ENTRY (CPOE)
5.2.5 LABORATORY INFORMATION SYSTEM (LIS)
5.2.6 PHARMACY INFORMATION SYSTEM (PIS)
5.2.7 OTHERS
5.3 NON CLINICAL INFORMATION SYSTEMS (NCIS)
5.3.1 REVENUE CYCLE MANAGEMENT (RCM)
5.3.2 AUTOMATIC PATIENT BILLING (APB)
5.3.3 PAYROLL
5.3.4 CLAIMS MANAGEMENT
5.3.5 COST ACCOUNTING
6 GLOBAL CLOUD COMPUTING HEALTHCARE MARKET, BY DEPLOYMENT MODELS
6.1 INTRODUCTION
6.2 PRIVATE CLOUD

Full Table of Contents is available at:
-- http://www.fastmr.com/catalog/product.aspx?productid=4382...

About MarketsandMarkets

MarketsandMarkets (M&M) is a global market research and consulting company based in the U.S. The company publishes high-level strategically analyzed reports for over ten industry verticals and serves as a business intelligence partner to Fortune 500 companies across the world.
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Source:Fast Market Research, Inc.
Email:***@fastmr.com Email Verified
Zip:01267
Tags:Cloud, Healthcare, Computing
Industry:Health
Location:Massachusetts - United States
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