Cloud Computing in Medical – Thematic Intelligence
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Cloud Computing in Medical Market Analysis Report Overview
Cloud computing in the healthcare sector helps streamline hospital operations and support connected care to provide complete visibility over pharma supply chain operations and accelerate medical device recall. The cloud also supports the use of other emerging technologies in healthcare, such as artificial intelligence (AI), and can improve a company’s environmental, social, and governance (ESG) credentials. Cloud platforms are particularly useful when applied to Internet of Things (IoT) devices in order to collect and process data from these devices and manage them remotely. Implementing wearable medical devices into cloud-based systems can provide better monitoring and elevate patient care to a new level.
Cloud computing in the medical industry covers an in-depth understanding of various trends, challenges in the medical industry, and the impact of cloud computing in the medical sector. The report also covers case studies, company-level insights, and sector scorecards for benchmarking the leading cloud computing players.
Market Size (2022) | USD 1.6 Billion |
CAGR (2022-2027) | >16% |
Key Value Chain Components | · Cloud Infrastructure
· Cloud Services · Cloud Professional Services |
Leading Public Companies | · AstraZeneca
· Becton Dickinson · GE Healthcare · McKesson |
Leading Private Companies | · Athenahealth
· Boehringer Sohn (parent company of Boehringer Ingelheim) · Carl Zeiss · Ping An Group (parent company of Ping An Good Doctor) |
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Cloud Computing in Medical – Trends
The main trends shaping the cloud computing theme over the next 12 to 24 months are classified into three categories: technology trends, macroeconomic trends, and regulatory trends.
Technology trends: The main technology trends shaping the cloud computing theme include Hybrid IT management optimization, increasing use of the DevOps model, and use of Application lifecycle management (ALM) capabilities to help support a DevOps model, adoption of a microservices architecture, the growing trend toward orchestration and automation, edge computing, and rapid advancement of multi-cloud environments.
Macroeconomic trends: The main macroeconomic trends impacting the markets include a growing focus on ESG, the impact of the COVID-19 pandemic, and strategies for the future of work or hybrid models.
Regulatory trends: Data protection and privacy and antitrust regulation are some of the regulatory trends impacting the markets for cloud infrastructure, cloud services, and cloud professional services.
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Cloud Computing in Medical Value Chain Insights
Enterprise cloud spending falls into three broad categories. The key value chain components include cloud infrastructure, cloud services, and cloud professional services.
Cloud services (PaaS and IaaS): In the IaaS and PaaS markets, traditional IT stack infrastructure vendors, specializing in everything from databases and operating systems to virtualization, computing, storage, and networking, face competition from public cloud service providers. The latter use subscription-based, pay-as-you-use business models to offer a full portfolio of IT infrastructure as well as tools and platforms for application developers. Despite their incumbency, many traditional IT infrastructure vendors, including DXC Technology, Dell, and Fujitsu, now offer cloud-based IT-as-a-service options alongside traditional IT solutions.
Enterprise Cloud Computing Value Chain Analysis
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Cloud Computing in Medical Market Industry Analysis
Cloud computing revenue in the medical devices sector was valued at USD 1.6 billion in 2022. Total global spending by medical device companies on cloud services and infrastructure is much lower than in the healthcare and pharma verticals, as the cloud is at an earlier stage of adoption in this industry. However, the market is expected to grow at a CAGR of 16% during 2022-2027 owing to the rising application of cloud computing. SaaS will be the largest and fastest-growing sub-sector of the cloud services market for medical devices by 2026.
The cloud computing in the medical industry analysis also covers –
- Mergers and acquisitions trends
- Venture financing trends
- Patent trends
- Company filing trends
- Hiring trends
- Social media trends
Global Cloud Services Revenue in Healthcare, 2022-2027
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Cloud Computing in Medical Market – Competitive Landscape
The leading players in cloud computing in the medical market are classified as follows –
Leading Public Companies- AstraZeneca, Becton Dickinson, GE Healthcare, and McKesson are some of the leading public companies in the cloud computing theme.
Leading Private Companies- Athenahealth, Boehringer Sohn (parent company of Boehringer Ingelheim), Carl Zeiss, and Ping An Group (parent company of Ping An Good Doctor) are the key leading private cloud computing vendors in this theme.
Medical Devices Sector Scorecard
The scorecard approach is used to predict tomorrow’s leading companies within each sector using thematic, valuation, and risk screens.
Medical Devices Sector Scorecard
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Scope
- This report is a thematic brief, which identifies those companies most likely to succeed in a world filled with disruptive threats. Inside, we predict how each theme will evolve and identify the leading and disrupting companies.
- The report covers the patient consumerism theme.
Reasons to Buy
- GlobalData’s thematic research ecosystem is a single, integrated global research platform that provides an easy-to-use framework for tracking all themes across all companies in all sectors. It has a proven track record of identifying important themes early, enabling companies to make the right investments ahead of the competition and secure that all-important competitive advantage.
- Develop and design your corporate strategies through an in-house expert analysis of patient consumerism by understanding the primary ways in which this theme is impacting the healthcare industry.
- Stay up to date on the industry’s major players and where they sit in the value chain.
- Identify emerging industry trends to gain a competitive advantage.
Ping An Group
CVS Health
3M
GE Healthcare
Philips
Roche
Siemens Healthineers
Salesforce
Microsoft
SAP
Oracle
Alphabet
Workday
Infor
Adobe
Zendesk
ServiceNow
Box
Dropbox
Datadog
New Relic
Intuit
VMWare
IBM
Amazon
Alibaba
Huawei
Kyndryl
Table of Contents
Frequently asked questions
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What was the cloud computing market size in the medical industry in 2022?
In the medical sector, cloud computing revenues was valued at USD 1.6 billion in 2022.
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What will be the cloud computing market growth in the medical industry?
In the medical sector, the cloud computing market will grow at a CAGR of more than 16% during 2022-2027.
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What are some of the leading private companies in the cloud computing theme?
Athenahealth, Boehringer Sohn (parent company of Boehringer Ingelheim), Carl Zeiss, and Ping An Group (parent company of Ping An Good Doctor) are the key leading private cloud computing vendors in this theme.
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What are some of the leading public companies in the cloud computing theme?
AstraZeneca, Becton Dickinson, GE Healthcare, and McKesson are some of the leading public companies in the cloud computing theme.
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