According to a survey by Future Market Insights, the global healthcare cloud infrastructure market is projected to generate $45.1 billion in revenue by 2022. The market is expected to grow at a compound annual growth rate (CAGR) of 23.9%, reaching a value of $464.1 billion by 2033. This growth represents an absolute dollar opportunity of $409 billion over the forecast period. The rapid expansion of the market is driven by significant advancements in digitalization, artificial intelligence, and machine learning, alongside an increase in cloud database infrastructure and capital expenditure. These factors contribute to more efficient cloud database management systems, which in turn improve the quality of treatment and care for patients. The rising adoption of data analytics, wearable devices, and the Internet of Things (IoT) is also boosting demand in the healthcare cloud computing market. IoT is poised to revolutionize the healthcare industry by enabling the collection of individual patient data and facilitating remote monitoring.
