North American Healthcare and Life Sciences Cloud Computing Market Worth 11.43 Billion USD by 2020

PUNE, India, November 6, 2015 /PRNewswire/ --

According to a new market research report " North American Healthcare Cloud Computing Market by Application (PACS, RCM, EMR), by Deployment (Private, Public), by Service (SaaS, PaaS), & by End-User (Providers, Payers, Life Sciences) - Analysis & Forecasts to 2020", published by MarketsandMarkets, analyzes and studies the major market drivers, restraints/challenges, and opportunities.

Browse more than 139 market data Tables with 45 Figures spread through 218 Pages and in-depth TOC on "North American Healthcare Cloud Computing Market"

http://www.marketsandmarkets.com/Market-Reports/north-america-healthcare-cloud-computing-market-54089599.html

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This report studies the North American healthcare and life sciences cloud computing market for the forecast period of 2015 to 2020. This market is expected to reach USD 11.43 Billion by 2020 from USD 4.49 Billion in 2015, and is poised to grow at a CAGR of 20.5% during the forecast period.

The North American healthcare and life sciences cloud computing market is segmented on the basis of application, service model, deployment model, pricing model, component, end-user, and country.

Based on application, the healthcare and life sciences cloud computing market is categorized into Clinical Information System (CIS), Non-clinical Information System (NCIS), and life sciences applications. In 2015, the Clinical Information System (CIS) segment is estimated to account for a major share of the healthcare and life sciences cloud computing market.

On the basis of service model, this market is segmented into software-as-a-service (SaaS), information-as-a-service (IaaS), and platform-as-a-service (PaaS). In 2015, the software-as-a-service (SaaS) segment is estimated to account for a major share of the healthcare and life sciences cloud computing market.

Based on deployment model, the market is segmented into private cloud, public cloud, and hybrid cloud. In 2015, the private cloud segment is estimated to account for a major share of the healthcare and life sciences cloud computing market.

On the basis of pricing model, this market is segmented into pay-as-you-go and spot pricing. In 2015, the pay-as-you-go segment is estimated to account for a major share of the healthcare and life sciences cloud computing market.

Based on component model, the market is segmented into hardware, software, and services. In 2015, the software segment is estimated to account for a major share of the healthcare and life sciences cloud computing market.

On the basis of end users, the market is segmented into healthcare providers, healthcare payers, and life sciences companies. In 2015, the healthcare providers segment is estimated to account for a major share of the healthcare and life sciences cloud computing market.

On the basis of country, the market is divided into the U.S. and Canada. In 2015, U.S. is estimated to account for the largest share of the North American healthcare and life sciences cloud computing market and is expected to continue to grow at highest CAGR during the forecast period.

Over the years, the adoption of cloud computing in healthcare is likely to increase owing to the rising need to curtail healthcare costs and enhance the quality of healthcare, reforms of various countries benefiting healthcare IT, proliferation of new payment models and cost-efficiency of cloud technology, and implementation of the Patient Protection and Affordable Care Act (PPACA) are the major factors driving this market. Moreover, teleCloud and formation of Accountable Care Organizations (ACOs) are to create opportunities for healthcare cloud computing market. However, security of patient data on cloud is a crucial task and is likely to restrain the growth of this market.

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Some of the major players in the North American Healthcare And Life Sciences Cloud Computing Market include athenahealth, Inc. (U.S.), CareCloud Corporation (U.S.), ClearData Networks, Inc. (U.S.), Carestream Health (U.S.), Dell Inc. (U.S.), GNAX Health (U.S.), IBM Corporation (U.S.), Iron Mountain, Inc. (U.S.), Oracle Corporation (U.S.) and VMware, Inc. (U.S.).

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