Global Cloud Security in the Healthcare Market Register at a CAGR of 18.2%

Global Cloud Security in Healthcare Market

Global cloud security in the healthcare market is supported by the increasing demand for data security:

The global cloud security in the healthcare market is estimated to witness a compound annual growth rate of approximately 18.2 % during the forecast period, 2018-2023. Cloud computing is the new trend in the market and is having a wide range of applications in the healthcare. Cloud security helps the healthcare facilities to protect their information from burglary, leakage and unexpected removal. It also helps in reducing the cost burdens on the healthcare and improve the patient care.

The Innovations in Global Cloud Security in Healthcare Market:

The recent advances in the technology have modified the healthcare industry and resulted in the growth of electronic health records and personal health records. The huge volume of data is being generated from the medical imaging systems like MRI, monitoring equipment, infusers, and medical devices, which has to be stored in a protected environment. Cloud security offers the required solution for the healthcare by providing huge space and secured features for the patient information.

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The increasing amounts of information and the need for data security are the primary factors promoting the global cloud security in the healthcare market. Additionally, the increasing adoption of IT in the medical services, decrease in the hospitalization costs, point-of-care access to the patient medical information, mobile devices with medical applications and the increasing use of cloud services are also supplementing the growth of the worldwide markets. On the flip side, the interoperability issues, cloud standardization and cyber threats are inhibiting the rapid expansion of the cloud security in the healthcare market.

Global Cloud Security in Healthcare Market Geographical Analysis:

Geographically, North America dominates the global cloud security in the healthcare market owing to the early adoption of cloud technology, improved healthcare infrastructure and government supportive regulatory framework. Nevertheless, the Asia Pacific and Europe are readily emerging as the profitable regions of the market attributing to the technological advances and increasing investments in the research and development of the healthcare industry.

Key Companies in the Market:

There are several companies operating in the worldwide market and some of the most popular among those are Athenahealth Inc., Carecloud Corporation, Carestream Health Inc., Dell Inc., Cleardata Networks Inc., IBM Corporation, Iron Mountain Inc., Merge Healthcare Inc., Cisco Systems Inc., and Symantec Corporation

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