(EMAILWIRE.COM, October 19, 2018 ) According to the new market research “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, analyzes and studies the major market drivers, restraints, opportunities, and challenges in North America, Europe, Asia-Pacific, and the Rest of the World (RoW).

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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.

By application, the North American Healthcare Cloud Computing Market segment to account for the largest share of the market in 2017
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.

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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 north American healthcare cloud computing market.

North America to dominate the market in 2017

In 2014, the U.S. accounted for the largest share of the North American Healthcare Cloud Computing market and is expected to witness the highest growth rate. The market for healthcare cloud computing in the U.S. is expected to rise in insurance enrolments triggered by the Patient Protection and Affordable Care Act (March 2010), inadequate IT infrastructure among payers, and conference, symposia, and seminars conducted on cloud computing in the U.S.

The North American Healthcare Cloud Computing market witness’s high competitive intensity as there are several big and many small firms with similar product offerings. These companies adopt various strategies (agreements, partnerships, collaborations, expansions, and new product launches) to increase their market shares and to establish a strong foothold in the North American Healthcare Cloud Computing market.

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CareCloud Corporation (U.S.), ClearData Networks, Inc. (U.S.), Carestream Health (U.S.) are among a few major players in the North American Healthcare Cloud Computing market.

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