Cloud Computing Trends In The Healthcare Industry You Need To Know
First things first, let’s recap COVID-19 impact on the industry. With numerous healthcare providers who were giving consultations over video and phone calls during a pandemic, the healthcare cloud computing market is going to increase significantly during the next few years.
Researches named the three top reasons for healthcare cloud computing market growth:
- Raised technological level in the healthcare industry;
- Growing focus on healthcare digitization;
- Increased usage of HCIT cloud-based solutions by healthcare providers
Thus, Compound Annual Growth Rate will be 13,4% and the market is likely to grow from USD 28.1 billion in 2020 to USD >79 billion by 2027.
Prognosed CAGR in 2021–2027:
- 13,2% — Nonclinical information system;
- 14,1% — Ambulatory centers;
- 14,5% — Platform as a Service;
- 13% — Clinical information systems;
Advantages of using cloud-based computing solutions in the healthcare industry
There’s much to attain from cloud computing for healthcare providers and their patients, we’ll explore the most eminent benefits of the technology.
1. Lowered costs
Service providers administer the creation and maintenance of data processing centers. There is no longer a need for health facilities to purchase expensive equipment and hire experts to service it. Required service can be easily picked and users of the solution get all the features needed they pay for at the right time.
Thus, they would benefit from cloud scaling capabilities and it is really important for all modern healthcare installations. When handling more patient data in an EHR solution or adding new features is necessary, increasing your monthly fee can simply solve this question.
2. Improved medical research
Due to the increasing patient and medical data, it can be stored in the cloud and be assessed by such Big Data technologies as AI and ML. Massive amounts of data are quickly and effectively analyzed and it works marvelously for medical research. Medical specialists can then use obtained results to upgrade disease prevention or predict outbreaks.
3. Advanced patient care
Analyzing patient data with Big Data tools also brings the option of creating better healthcare plans for every individual patient, and getting more effective treatment.
Furthermore, cloud computing allows medical installations to provide easier access to patient’s personal data. This accelerates knowledge about their own health which enables them to make more informed and thoughtful decisions.
4. Grown efficiency of operations in clinics and hospitals
As accessing the cloud has an immense impact on the expertise within hospitals and clinics, digitizing data flows in such facilities boosts patient admissions, reduces spent time and costs on manual labor, and overcomes errors provoked by paper documentation.
5. Improved telemedicine
Smoother sharing and access to data allow telemedicine solutions to facilitate coverage to patients who are recovering from an illness or even prevent diseases.
To sum up
As cloud computing technology evolves speedily, it is continually improving the healthcare industry. It functions well with Big Data analytics and benefits the way hospitals operate and treat their patients. If you want to work with a trustworthy partner to assist you on your cloud healthcare journey — we’d love to help!
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