Global Healthcare Software As A Service Market Share Report 2024, Forecast To 2033
20 Feb, 2024
The healthcare software as a service market has grown rapidly from $20.96 billion in 2023 to $24.46 billion in 2024, boasting a CAGR of 16.7%. The historic growth is attributed to cost efficiency and resource optimization, a focus on patient-centric care, scalability for growing healthcare needs, value-based care solutions, and data security and privacy measures. Forecasts suggest continued rapid growth to $48.78 billion in 2028, showcasing a CAGR of 18.8%. This growth is linked to personalized medicine initiatives, continuous compliance management, enhanced interoperability standards, virtual clinical trials and research, enhanced user experience and interface, and a focus on mental health support. Major trends in the forecast period include telehealth and remote patient monitoring, interoperability and integration, data security and privacy compliance, real-time analytics and reporting, agile development and continuous updates, and remote access and collaboration.
Global Healthcare Software As A Service Market Key Driver
The healthcare software as a service (SaaS) market is expanding due to the growing adoption of cloud computing. Enterprises across various sectors, including healthcare, are increasing their cloud budgets, with 80% planning to enhance cloud spending. The healthcare sector, in particular, has seen accelerated cloud adoption, contributing to the growth of the healthcare SaaS market.
Get A Free Sample Of The Global Healthcare Software As A Service Market ReportGlobal Healthcare Software As A Service Market Segments
The healthcare software as a service market covered in this report is segmented –
1)By Application: Patient Portal, Telemedicine, Mobile Communication, ePrescribing, EHR Systems, ERP & HR Portal, Medical Billing
2)By Deployment Model: Private, Hybrid, Public
3)By Organization Size: Large Enterprise, Small And Medium Enterprises
4)By End-User: Provider, Payer
By Geography: The regions covered in the template market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
North America was the largest region in the healthcare software as a service market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the healthcare software as a service market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Healthcare Software As A Service Industry Players
Microsoft Corporation; Salesforce Inc.; SAP SE; Oracle Corporation; Google LLC; Adobe Systems Incorporated; Cisco Systems Inc.; International Business Machines Corporation; ServiceNow Inc.; Workday Inc.; Zocdoc Inc.; ClassPass Inc.; Thrive Global Holdings Inc.; Talkspace Inc.; Pager Technologies Inc.; AiCure Technologies Inc.; Noom Inc.; Optum Inc.; Kareo Inc.; Smartsheet Inc.; Madaket Health Inc.; SimplyVital Health Inc.; Tailoredcare India Private Limited; Boston Technology Research LLC; Health Data Vision Inc.; Veeva Systems Inc.; Cerner Corporation; Athenahealth Inc.; Allscripts Healthcare Solutions Inc.; NextGen Healthcare Inc.; eClinicalWorks LLC; Greenway Health LLC; AdvancedMD Inc.; drchrono Inc.; CareCloud Corporation
Get The Full Global Healthcare Software As A Service Market ReportHealthcare Software As A Service Market Overview
The healthcare software as a service refers to a service model in cloud computing where one or more vendors provide cloud-based remote software products to the healthcare industry. The SaaS application in healthcare can access multiple features to keep patient data secure. It allows healthcare firms to reduce unnecessary overhead costs.
Healthcare Software As A Service Global Market Report 2023 provides data on the global healthcare software as a service market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The healthcare software as a service market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.