About Health Cloud
Health Cloud is a patient relationship platform that streamlines care coordination for patients with the goal of putting every patient at the center of the care system. It accomplishes this by providing a complete view of the patient, smarter patient management, and a connected patient engagement experience. Health Cloud is a cloud-based healthcare CRM and patient management solution which enables collaboration between healthcare providers, payers, and patients. The software is built on CRM platform and specifically designed to meet the needs of the healthcare industry. Through Private Communities, patients can view care plans, connect with health providers, find answers to common questions and fill out forms in advance of visits to save time.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Microsoft Corporation (United States), IBM Corporation (United States), Oracle Corporation (United States), Salesforce.com Inc. (United States), General Electric Company (United States), Cisco Systems Inc. (United States), Siemens AG (Germany) and Cleardata Networks Inc. (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Health Cloud market by Type (Private, Public and Others), Application (Clinical Data Management, Analytics and Assessments, Data Storage, Care Management and Others) and Region.
On the basis of geography, the market of Health Cloud has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology, the sub-segment i.e. EHRs will boost the Health Cloud market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Development and Innovation in Cloud Computing Healthcare
Market Growth Drivers:
Improving Patient Outcomes, Increased Efficiency, And Cost Containment Will Continue To Be The Greatest Factors Influencing The Healthcare Industry's Move To The Cloud
Challenges:
Issues Related to the Interoperability
Restraints:
Bandwidth Issues Associated With Legacy Systems and Data Security and Privacy Concern
Opportunities:
Potential Growth in Emerging Countries and Emergence of Telecloud
Market Leaders and their expansionary development strategies
In 2019, IBM acquired Red Hat, which is a landmark acquisition for USD 34 billion. The addition will enhance IBM's hybrid cloud portfolio and aim to develop a next-generation multi-cloud hybrid platform.
In September 2021, Salesforce [NYSE: CRM], the global leader in CRM, launched Health Cloud 2.0, technology designed to empower businesses and governments to deliver better health and safety for their employees, customers, and communities.
Key Target Audience
Business Research And Consulting Service Providers, Government Bodies And Municipal Corporations, Healthcare It Providers, Healthcare Insurance Companies/Payers, Healthcare Institutions/Providers (Hospitals, Medical Groups, Physician Practices, Diagnostic Centers, And Outpatient Clinics), Research And Development Companies and Venture Capitalists
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.