Canada Healthcare Cloud Infrastructure Market Size & Outlook
Canada healthcare cloud infrastructure market, 2018-2030 (US$M)
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Canada healthcare cloud infrastructure market highlights
- The Canada healthcare cloud infrastructure market generated a revenue of USD 1,981.2 million in 2022 and is expected to reach USD 6,946.6 million by 2030.
- The Canada market is expected to grow at a CAGR of 17% from 2023 to 2030.
- In terms of segment, service was the largest revenue generating component in 2022.
- Hardware is the most lucrative component segment registering the fastest growth during the forecast period.
Healthcare cloud infrastructure market data book summary
| Market revenue in 2022 | USD 1,981.2 million |
| Market revenue in 2030 | USD 6,946.6 million |
| Growth rate | 17% (CAGR from 2022 to 2030) |
| Largest segment | Service |
| Fastest growing segment | Hardware |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Service |
| Key market players worldwide | Dell Technologies Inc Ordinary Shares - Class C, Hewlett Packard Enterprise Co, Microsoft Corp, Oracle Corp, International Business Machines Corp, Salesforce Inc, Amazon.com Inc |
Other key industry trends
- In terms of revenue, Canada accounted for 3.5% of the global healthcare cloud infrastructure market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. healthcare cloud infrastructure market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 6,946.6 million by 2030.
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Healthcare Cloud Infrastructure Market Scope
Healthcare Cloud Infrastructure Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada healthcare cloud infrastructure market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to healthcare cloud infrastructure market will help companies and investors design strategic landscapes.
Service was the largest segment with a revenue share of 76.78% in 2022. Horizon Databook has segmented the Canada healthcare cloud infrastructure market based on hardware, service covering the revenue growth of each sub-segment from 2018 to 2030.
Canada is one of the most advanced economies and the biggest spenders on health, both per capita and as a share of GDP, in the world. As per Canadian Institute for Health Information, the healthcare expenditure in 2020 was 13.7% of its GDP.
This model helps the hospital administrators predict the demand for hospital beds and plan for potential instances where increased capacity is required. In addition, adoption of new technology and the digital shift to improve access to care & enable high-value care models are boosting market growth.
Moreover, the COVID-19 pandemic resulted in quick adoption of telehealth, virtual care, and wearable devices to meet the demand for distance health care and lower costs for patients in rural & remote areas.
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Target buyers of Canada healthcare cloud infrastructure market databook
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Our clientele includes a mix of healthcare cloud infrastructure market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada healthcare cloud infrastructure market , including forecasts for subscribers. This country databook contains high-level insights into Canada healthcare cloud infrastructure market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada healthcare cloud infrastructure market size, by component, 2018-2030 (US$M)
Canada Healthcare Cloud Infrastructure Market Outlook Share, 2022 & 2030 (US$M)
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