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North American Healthcare Cloud Computing Market worth $6.5 Billion by 2018

The North American Healthcare Cloud Computing Market is segmented on the basis of applications, deployment mode, services, pricing model, components, end users, and geography. The applications market includes clinical and non-clinical information systems applicable for the healthcare providers and payers industry. The clinical information systems are further classified into EMR, PACS, CPOE, RIS, LIS, PIS, and Others. The non-clinical information systems include revenue cycle management, automatic patient billing, payroll, claims management, cost accounting, and others.

Browse more than 131 market data tables with 63 figures spread through 353 pages and in-depth TOC on "North America Healthcare Cloud Computing"
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This market was valued at $1.7 billion in 2013 and is expected to grow at a CAGR of 29.8% from 2013 to 2018, to reach $6.5 billion by 2018.
Cloud computing is increasingly being adopted by healthcare providers and payers in North America. This report studies the North American healthcare cloud computing market over the forecast period of 2013 to 2018.  

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The market by deployment model includes private, public, and hybrid clouds. In 2013, the private cloud segment accounted for the largest share of the cloud computing market, by deployment. The services market in cloud computing is divided into software-as-a-service (SaaS), infrastructure-as-a-service (IaaS), and platform-as-a-service (PaaS). The pricing model market comprises the two majorly adopted models, namely, Pay-As-You-Go and Spot Pricing; the Pay-As-You-Go model accounted for the largest share of this market in 2013. The cloud computing market, by components, includes software, hardware, and services. The software segment accounted for the largest share of the North American healthcare cloud computing market, by component, in 2013. The North American healthcare cloud computing market by end-users is broadly categorized into healthcare payers and providers. Based on geography, the market is divided into the U.S. and Canada.

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The adoption of the cloud technology enables the healthcare industry to reduced costs. Furthermore, this technology provides positive returns on investment. These are the key factors that are expected to drive the growth of this market. Furthermore, legislative reforms of the patient protection and affordable care act, improvements in storage technology, proliferation of new payment models, and greater flexibility and scalability of data have stimulated the use of cloud computing in the healthcare industry. The primary factors that are restraining the growth of this market include security and privacy concerns over the medical and patient data.

Browse related reports:

Healthcare IT Market By Application [Provider IT (EMR, PACS, CPOE, RIS, CDSS, RCM, Claims Management, Payroll), Payer IT (CRM, Fraud Detection)], Delivery Mode (On-Premises, Web-Based Services & Cloud Computing) & Component – Global Forecasts to 2017
 http://www.marketsandmarkets.com/Market-Reports/healthcare-it-252.html

Healthcare Cloud Computing (Clinical, EMR, SaaS, Private, Public, Hybrid) Market - Global Trends, Challenges, Opportunities & Forecasts (2012 – 2017)
http://www.marketsandmarkets.com/Market-Reports/cloud-computing-healthcare-market-347.html

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