Pressure to slash public healthcare costs and limited capacity for on-site IT maintenance are among several factors which will fuel the rapid global expansion of the healthcare cloud computing sector.
That is according to a new report which predicts the value of the healthcare cloud computing market to more than triple in value by the end of the decade.
The market, estimated to be worth US$35.66bn last year, will reach US$127.07bn by 2030, with a CAGR of almost 17.6 per cent from 2022 to 2030, analysis from Adroit predicts.
The healthcare industry makes use of cloud computing technologies and services for data storage, management, and analysis, this is known as “healthcare cloud computing.”
It uses the strength and scalability of cloud infrastructure to boost the effectiveness, usability, and cost of healthcare services.
Large volumes of patient data, including electronic health records (EHRs), diagnostic pictures, and other health-related data, may be stored and managed by healthcare organisations on the cloud.
Authorised healthcare practitioners can safely access this data from numerous places.
To improve patient care and optimise operations, healthcare organisations are increasingly implementing digital technology.
A key element of this revolution is cloud computing, which makes it possible to store, manage, and analyse enormous volumes of health data effectively.
Costs for IT infrastructure in healthcare may be greatly decreased via cloud computing. This is especially tempting to healthcare providers that must work within limited budgets and prioritize patient care over the upkeep of on-site servers and data centres.
Healthcare organisations can scale their IT resources as their demands change thanks to the scalability of cloud solutions.
This is essential in a sector where data quantities are continuously growing as a result of developments like the adoption of electronic health records (EHRs) and the development of telemedicine.
Healthcare organisations are utilising cloud computing to take advantage of sophisticated analytics and artificial intelligence (AI) for activities including forecasting disease outbreaks, streamlining treatment regimens, and seeing trends in patient data.
By allowing for improved data exchange and interoperability, cloud solutions can aid in bridging the gap between various healthcare systems.
This is crucial for coordinating patient care across various providers and enhancing patient outcomes.
To fulfil the demanding regulatory requirements of the healthcare business, cloud providers are constantly enhancing their security protocols and compliance certifications.
This makes it simpler for healthcare organisations to handle and keep private patient data on the cloud while still adhering to rules like HIPAA in the US.
Patient education, communication, and adherence to treatment protocols can all be enhanced via cloud-based patient engagement solutions.
These options can make patients’ experiences better, which can eventually lead to better health results.
By making data-driven care coordination, performance analytics, and population health management possible, cloud computing can help the shift to value-based care models.
Cloud infrastructure is necessary for the creation and implementation of mobile health applications that enable people to effortlessly manage their health and access healthcare services.
The idea of cloud computing starts to catch on in the early 2000s, mostly in the commercial and IT sectors. Launched in 2002, Amazon Web Services (AWS) would go on to play a significant role in the cloud computing industry.
Healthcare organizations begin to investigate the advantages of cloud computing for the administration of electronic health records (EHRs), medical imaging, and other data-intensive applications around the middle of 2000.
During this time, adoption is slowed down by security and compliance issues.
For activities like genome analysis and drug development, medical researchers may now access strong computer resources thanks to cloud computing.
This encourages creativity and hastens the creation of novel cures. Healthcare organizations may broaden their services and reach a larger patient group, even beyond borders, thanks to the prevalence of global healthcare cloud providers.
The epidemic brought to light how crucial it is to have adaptable, cloud-based systems that can take advantage of shifting conditions swiftly.
To better prepare for upcoming emergencies, healthcare organizations are expected to continue investing in cloud solutions.
North America is anticipated to hold the largest market share throughout the anticipated time frame.
Healthcare providers urge patients to utilise the patient portal, and those who do so most regularly visit the site and use it more often than others.
Access to a patient’s personal health information is made simple and available 24/7 from any location with a network connection thanks to an online gateway.
By using the patient portal, patients may manage their health and care. Patient portals can also speed up and simplify contact with the doctor while assisting with treatment between appointments.