Global Healthcare Cloud Computing market to grow at a CAGR of 21.95 percent by 2019

Reportstack has announced a new market research report on The Global Healthcare Cloud Computing Market is expected to post a CAGR of 21.95 percent from 2014-2019, thanks to the increased need for better healthcare IT at lower capital expenditures.

Moving to the cloud enables the healthcare industry to deal with the increased costs associated with IT investments. Cloud computing also enables healthcare institutions to opt for hardware IaaS. As the medical industry moves from a paper-based sector into the digital sphere, more data is being generated, which needs to be managed, analyzed and maintained. 

Complete report with TOC available @ Global Healthcare Cloud Computing Market 2015-2019.

“Cloud computing minimizes the number of staff required to maintain infrastructures, thereby enabling healthcare organizations to use existing resources for core processes,”.

The report draws attention to genome research, which involves running an enormous amount data for performing data synthesis and analytics, and requires scalable data memory and storage. Such research is essential for developing new drugs, but also requires sophisticated data management solutions. 

“Cloud computing offers tremendous cost advantages and provides the kind of scalability that genome researchers require, and these advantages will certainly contribute to the growth of the Healthcare Cloud Computing Market through the projected period,”.

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