Healthcare Data Storage Market 2022 : Key Players, SWOT Analysis, Key Indicators, Forecast and COVID 19 Impact Analysis 2030
Market Highlights
According to MRFR analysis, Healthcare
Data Storage Market is expected to register a CAGR of 13.9% during the
forecast period of 2022 to 2030 and is likely to be valued at USD 48.2 Billion
in 2030.
Healthcare data storage are software solutions used by
hospitals, clinics, diagnostic centres to store patient data for future use.
These solutions are used by healthcare companies to store data about
manufacturing products and their processes.
The growth of the global Healthcare Data Storage Market is
determined by numerous factors such as an increasing patient database due to
the increasing number of surgeries, increasing clinical trials, and research
activities to develop innovative products. Also, the decreasing paper use to
maintain patient information increases the demand for healthcare data
storage solutions. However, the key
factors such as data infringement, cyber-attacks and high cost of healthcare
data storage solution hamper the market growth.
Segmentation
The Global Healthcare Data Storage Market has been segmented
based on solution, application, architecture, type, storage system, and end
user.
·
The market, based on solution, has been
divided into on-premises, cloud, and hybrid
data storage. On-premises is likely to hold the maximum market share in
the global healthcare data storage market.
·
The Global Healthcare Data Storage Market
based on application has been segregated into the clinical analysis,
financial analysis, and operational analysis. The clinical analysis segment is
expected to hold a larger share of the market share owing to the rising number
of hospitals, clinics, and diagnostic centres. Clinical analysis is further
sub-segmented into clinical decision support, quality control, reporting and
compliance, population health management, and precision health. The financial
analysis is further segmented into revenue cycle management, claim processing,
risk adjustment & assessment, and others.
·
On the basis of architecture is segmented
into file storage, object storage, and block storage.
·
Based on type, the market is segmented
into flash & solid-state storage and magnetic storage. The magnetic storage
is further sub-segmented into magnetic disks and magnetic tapes. On the basis
of storage system, the market is segmented into storage area network and
network-attached storage direct-attached storage.
·
The end user segment of the market
consists of hospitals and clinics, pharmaceutical & biotechnology
companies, clinical/contract research organizations (CROs), and contract
manufacturing organizations (CMOs), and others
Key Players
Some of the Key Players in the Global Healthcare Data
Storage Market are
Data Core Software (US), Dell Inc. (US), IBM Corporation
(US), NetApp (US), Hewlett Packard Enterprise (HPE)(US), Pure Storage (US),
Hitachi (Japan), Western Digital (US), Nuance Communications, Inc (US), and
Carestream Corporation (US).
Regional Analysis
The market has been divided, by region, into the Americas,
Europe, Asia-Pacific, and the Middle East & Africa.
Americas has been segmented into North America and Latin
America, with the North American market being divided into the US and Canada.
The Americas is projected to hold the largest market share owing to the
increasing burden of clinical data, which is challenging to handle drives the
market growth during the forecasted period.
The European healthcare data storage market has been
categorized as Western Europe and Eastern Europe. The Western European market
has further been classified as Italy, Germany, Spain, France, the UK, and the
rest of Western Europe. The healthcare data storage market in Asia-Pacific has
been segmented into Japan, India, China, Australia, South Korea, and the rest
of Asia-Pacific. Due to the rising
geriatric population and the presence of a large patient pool, the market in
Asia-Pacific is expected to be the fastest-growing. The healthcare data storage
market in the Middle East & Africa has been divided into the Middle East
and Africa.
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