The Worldwide Healthcare Data Storage Industry is Expected to Reach $1.7 Billion by 2027 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--Sep 9, 2022--

The "Global Healthcare Data Storage Market (2022-2027) by Deployment, Architecture, Type, Storage System, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Healthcare Data Storage Market is estimated to be USD 820.61 Mn in 2022 and is expected to reach USD 1794.54 Mn by 2027, growing at a CAGR of 16.94%.

Market dynamics are forces that impact the prices and behaviors of the Global Healthcare Data Storage Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors.

There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals. As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Healthcare Data Storage Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification.

The matrix is also used for risk analysis to understand the risk involved with each approach. The analyst analyses the Global Healthcare Data Storage Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position. Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Healthcare Data Storage Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
• The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
• The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Market Dynamics

Drivers

• Massive Growth in Digital Data Volume in Healthcare Organizations
• Innovative Cloud-based Solutions for Managing Healthcare Data
• Increasing Adaption of Electronic Medical Records and Electronic Health Records

Restraints

• Increasing Healthcare Fraud
• Cybercrimes and Privacy Threats

Opportunities

• Increased Need for Data Analytics and Artificial Intelligence

Challenges

• Rising Security Concerns Related to Cloud-based Image Processing and Analytics
• Lack of Structured Data

Market Segmentation

The Global Healthcare Data Storage Market is segmented based on Deployment, Architecture, Type, Storage System, and Geography.

• By Deployment, the market is classified into On-Premise, Hybrid, and On-Cloud.
• By Architecture, the market is classified into File Storage, Object Storage, and Block Storage.
• By Type, the market is classified into Flash & Solid-State Storage and Magnetic Storage.
• By Storage System, the market is classified into Storage Area Network, Direct-Attached Storage, and Network-Attached Storage.
• By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Companies Mentioned

• IBM Corp.
• Cloudian
• DataCore Software Corp.
• Dell Inc.
• Drobo, Inc.
• Fujitsu Ltd.
• HP Enterprise (HPE)
• Hitachi, Ltd.
• Huawei Technologies Co.
• NetApp, Inc.
• Nuance Communications, Inc.
• Pure Storage
• SAMSUNG
• Scality
• Tintri, Inc.
• Toshiba Corp.
• Intel Corp.
• Western Digital Technologies, Inc.
• Rackspace Technology
• Microsoft Corp
• Iron Mountain Inc.

For more information about this report visit https://www.researchandmarkets.com/r/ccb73z

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KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY HEALTH DATA MANAGEMENT OTHER HEALTH

SOURCE: Research and Markets

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