Top Companies in Healthcare Cloud Computing Market

Overview:

According to the vantage market research the global Healthcare Cloud Computing market was valued at USD 32.44 Billion in 2020 and is projected to reach USD 128.19 Billion, growing at a CAGR of 18.74% from 2021 to 2028.

The importance of cloud computing in healthcare is beneficial to work hand-in-hand for patients and physicians. Reduced costs, enhanced privacy, and facilitating better patient care through collaboration and interoperability, are few of the advantagesforintroducing cloud systems for healthcare cloud computing market.Increasing adoption of big data analytics, wearable devices, and IoT in healthcare is expected to drive the healthcare cloud computing market. Better storage, flexibility, and scalability of data offered by cloud computing companies is also one of the key factor expected to generate revenue for the healthcare cloud computing market

Asia Pacific is expected to emerge as potential market for healthcare cloud computing market. As changing demographics in highly populous countries such as China and India, large volumes of patient data is generated as a result of the growing disease burden in the region and various government initiatives focusing on healthcare digitization are driving the growth of the healthcare cloud computing market in the Asia Pacific.

Following are the top 10 leading companies in the Healthcare Cloud Computing:

• IBM
• Carestream Health
• Athenahealth
• Hyland Software
• Siemens Healthineers
• eClinicalWorks
• Koninklijke Philips NV
• Fujifilm Holdings
• GE Healthcare
• Allscripts Healthcare Solutions

1. IBM

International Business Machines is American multinational company founded in 1911. The company provides services to industries and healthcare sector. These include IBM services, IBM cloud secure virtualization, weather company max social solutions, IBM sterling supply chain fast start software, IBM cloud security, and various other solutions and services. The company is headquartered in New York, U.S. In 2020, the company generated revenue of USD 7,362 Million and has 2,70,000 employees working across the globe. The company is listed as IBM (NYSE) in the New York Stock exchange. The company has various subsidiaries such as Red Hat Software, SoftLayer, Aspera, and various others. 

2. Carestream Health

Carestream Health is American multinational company founded in 2007. The company provides services to industries and healthcare sector. These include X-ray imaging systems for medical, non-destructive testing and precision contract coating services for a wide range of industrial, and various other services. The company is headquartered in Rochester, New York, United States. In 2020, the company had 4,400 employees working across the globe. The company has various subsidiaries such as Quantum Medical Imaging, Algotec Systems, Ltd. Applied Professional Systems, Genesis Digital Imaging, Onex Carestream Health, and various others. 

3. Athenahealth

Athenahealth was founded in 1977. The company provides network-enabled services for healthcare and point-of-care mobile apps in the United States. The company is headquartered in Watertown, Massachusetts, United States, U.S. In 2019, the company generated revenue of USD 570 Million and has 5,000 employees working across the globe. The company is privately held company. The company has various subsidiaries such as Epocrates, Arsenal Health, Filament Labs, Inc., and various others. 

4. Hyland Software

Hyland Software is American multinational company founded in 1991. Hyland Software is the developer of the enterprise content management and process management software suite called OnBase. Applications of the suite are used in healthcare, financial institutions, insurance, government, higher education and manufacturing. The company is headquartered in Westlake, Ohio, United States. In 2020, the company had3,500 employees working across the globe. The company is privately held company. The company has various subsidiaries such as Perceptive Software, LawLogix Group, Inc., and various others.

5. Siemens Healthineers

Siemens Healthineers AG is German multinational company founded in 2015. It is the parent company for several medical technology companies and is headquartered in Erlangen, Germany. The company dates its early beginnings in 1847 to a small family business in Berlin, co-founded by Werner von Siemens. In 2020, the company generated revenue of USD 1,446 Million and has 66,000 (2021) employees working across the globe. The company is listed as SHL (ETR) in the German Stock exchange. The company has various subsidiaries such as Varian Medical Systems, Corindus, Inc., and various others.

6. eClinicalWorks

eClinicalWorks is American multinational company founded in 1999. The company provides electronic medical record (EMR), practice management and personal health record software and services to healthcare sector. The company is headquartered in Westborough, Massachusetts, United States. Healow is a subsidiary of eClinicalWorks that focuses on expanding and enhancing patient engagement. Healow has partnered with technology companies such as Withings, Fitbit and Jawbone. The healow mobile app allows patients to access electronic health records for themselves and their minor children.

7. Koninklijke Philips NV

Koninklijke Philips NV is Dutch multinational conglomerate corporation that was founded in Eindhoven in 1891. Since 1997, it has been mostly headquartered in Amsterdam, though the Benelux headquarters is still in Eindhoven. In 2020, the company generated revenue of USD 1,953.5 Million and has 81,592 employees working across the globe. The company is listed as IBM (NYSE) in the New York Stock exchange. The company has various subsidiaries such as Respironics, Inc., Saeco, Magnavox, Philips Records, and various others.

8. Allscripts Healthcare Solutions

Allscripts Healthcare Solutionsis American multinational company founded in 1986. The company provides physician practices, hospitals, and other healthcare providers with practice management and electronic health record technology. The company is headquartered in Chicago, Illinois, United States. In 2020, the company generated revenue of USD 150 Million and had 8,400 employees working across the globe. The company is listed as MDRX (NASDAQ) in the stock exchange market. The company has various subsidiaries such as Practice Fusion, Health Grid Holding Company LLC, and various others.

9. Fujifilm Holdings

Fujifilm Holdings is Japanese multinational company founded in 1934. The company provides services and operating in the realms of photography, optics, office and medical electronics, biotechnology, and chemicals. The company is headquartered in Tokyo, Japan. In 2019, the company generated revenue of USD 2,013.21 Million and has 73,906 employees working across the globe. The company has various subsidiaries such as Wako Pure Chemical Industries, Ltd.,Wako Pure Chemical Industries, Ltd. and various others.

10. GE Healthcare

GE Healthcare is American multinational company founded in 1994. The company provides services to industries and healthcare sector. These include Imaging, Ultrasound technology, Healthcare IT, Contrast Media, Anesthesia Delivery Drugs, Diagnostic ECG, Maternal Infant Care solutions, Patient Monitors, and various others. The company is headquartered in Chicago, Illinois. In 2020, the company had 54,000 employees working across the globe. The company’s parent organization is General Electric.

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