Cloud News

Healthcare Virtualization Markets to Grow by Billions to 2020

Healthcare virtualization is a growing trend across the industry as providers seek smarter data storage and infrastructure tools.

By Jennifer Bresnick

- The virtualization of the healthcare indsutry’s rapidly expanding data storage infrastructure will be a major driver for economic growth in the next few years, according to a series of new market reports. 

Healthcare virtualization

From data center colocation to infrastructure-as-a-service (IaaS) offerings, healthcare’s move to more compact, convenient, and lower-cost storage solutions will see a significant uptick over the next few years.

Growing demand for more nimble disaster recovery and data delivery will be a primary force behind the expansion of the IaaS industry, says a global, cross-industry ReportBuyer study.  The overall IaaS market is predicted to grow from $15.75 billion in 2015 to $56.05 billion in 2020, representing a compound annual growth rate (CAGR) of 29 percent.

Managed hosting solutions, including data security solutions, will provide a majority of the growth, the report states. 

  • IT More Upbeat Than Clinicians About Healthcare Interoperability
  • How Virtual Private Networks Benefit Healthcare Technology
  • HHS Wants to Slash ONC Funding by 28% Despite Cures Act Work
  • How Kubernetes 1.8 Can Improve HIT Security and Workload Support
  • Low-Power Healthcare IoT Devices Support Asset Tracking
  • Health Network Security Challenges of Wireless Deployment
  • What are HIT Infrastructure Requirements for Healthcare Big Data?
  • Digital Therapeutics Grows More Integrated into Care Delivery
  • Smaller Scale Object Storage Solutions Cut Back Costs
  • Microsoft Ends Support for Windows Legacy IT Infrastructure in 2020
  • Healthcare CIOs’ Power over IT Purchasing Decisions in Free Fall
  • Upgrading Health IT Infrastructure Top Challenge for Healthcare
  • 3 Health Information Exchanges Make Health IT Investments
  • Clinical Communication, Collaboration Key for HIT Systems
  • Monetization, Analytics Support Healthcare Mobile, IoT Devices
  • Alliance Makes Healthcare Interoperability Recommendations
  • Improving Cloud Health IT Infrastructure for Smart Hospitals
  • Cloud, Mobile Strategies Critical to HIT Infrastructure Growth
  • Healthcare CRM Market to Grow at Robust 14.6% CAGR to 2023
  • Virtualization Growth Continues in Health IT Infrastructure
  • Software-Defined Networking Advances Health IT Connectivity
  • Value of Carequality-CommonWell Interoperability Agreement
  • Hospital Executives Want Customized Integrated Health Systems
  • Health IT Infrastructure Improves with AMA Collaboration Platform
  • Healthcare SaaS Applications Reduce Cost, Improve Flexibility
  • Healthcare Cloud Computing Seeing Constant Overall Growth
  • OpenEye Adopts SD-WAN Solution for Improved SaaS Connection
  • Healthcare Informatics Platforms Make Patient Data Retrievable
  • Healthcare Artificial Intelligence Adoption Grows for Software Apps
  • Healthcare Infrastructure Security Frameworks Support Innovation
  • Preparing Health IT Infrastructure for Artificial Intelligence
  • Most Hospitals Employ Some Type of Clinical Surveillance Product
  • Healthcare Data Analytics Having Big Effect on Clinical Workflows
  • How IoT, Edge Computing Can Impact HIT Infrastructure in 2018
  • Using Broadband, Wi-Fi for Healthcare Internet of Things
  • Hyperledger Bug Bounty Increases Healthcare Blockchain Security
  • Dimension Data Releases New Clinical Mobility Solution
  • Kubernetes Supports Container Management for HIT Infrastructure
  • DRaaS Critical to Recovering HIT Infrastructure Downtime
  • AMIA Offers Strategy for EHR Interoperability, Data Exchange
  • WEDI: EHR Integration Necessary for Leveraging Genomic Data
  • Advanced Healthcare Supply Chain Technology Cuts Costs
  • Ivanti Expands Data Center IT Asset Management for Visibility
  • Teva Uses IBM Watson for Healthcare Data Management
  • UC San Diego Begins Cloud Infrastructure Migration with Epic EHR
  • Reports: Healthcare Artificial Intelligence Market CAGR of 47%-50%
  • Healthcare API Management Solutions Grow with Interoperability
  • US Government Shutdown Delays OMB Review of ONC Health IT Rule
  • PokitDok, Merck, Orion Make AWS Announcements at HIMSS17
  • Renewed Interest in Joint iEHR for DoD-VA Interoperability
  • UPMC Embraces Advanced Health IT Infrastructure with New Hospitals
  • Hypervisors Key to Virtual Health IT Infrastructure
  • Lack of Use-Cases Delay Healthcare Blockchain Implementation
  • Healthcare Fog Computing Supports Future AI, 5G Adoption
  • Using Healthcare AI, Machine Learning for HIT Infrastructure
  • HIT Applications Management Eased by Containers as a Service
  • Healthcare Blockchain Standards Support Collaborative Development
  • What are Benefits of Healthcare Application Backend as a Service?
  • Blue Cedar Releases Enterprise Mobility Management Alternative
  • Early Phase EHR Adopters Focus on Health IT Infrastructure
  • Building Out the Infrastructure for Value-Based Care
  • SDx Growth Triggered by Advancing Healthcare Technology
  • Healthcare Network Management Brings Visibility, Control to Orgs
  • Hospital Information Systems Help Organize Tools and Data
  • Artificial Intelligence Adds Pressure to Health IT Networks
  • How Artificial Intelligence Can Shape Health IT Infrastructure
  • Rush System Launches First 5G Wireless Network in US Hospital
  • New Google Healthcare API Addresses Interoperability Challenges
  • Healthcare Cloud Migration Challenges, Strategies for Success
  • Google Now Supports Medical Imaging in the Healthcare Cloud
  • Healthcare Analytics Growth to Challenge IT Infrastructure
  • Healthcare Blockchain Potential Impacts Future HIT Infrastructure
  • Successful Medical IoT Requires Cellular Connections
  • Using Firewalls to Prevent Health Data Security Risks
  • FDA Set Record on Approval of Novel Medical Devices in 2018
  • Healthcare IaaS Deployments Call for Managed Cloud Services
  • Android Oreo Improves Enterprise Mobility Management, Security
  • Low-Frequency Aids Accurate Real-Time Asset Tracking in Healthcare
  • Hyperledger Releases First Blockchain Framework Standard
  • HL7 Calls for Further Build-out of Interoperability Infrastructure
  • HIMSS Analytics Highlights Health IT Mobile Security Concerns
  • Extreme Networks Releases HIPAA-Compliant Network Management
  • Improved Patient Care Focus in Google, Tableau Collaboration
  • IBM Machine Learning Uses Healthcare Private Cloud
  • Cloud-Based Virtual Desktop Infrastructure Growing in Health IT
  • Avoiding the Top 3 Clinical Data Migration Mistakes
  • Major Vendors Form IoT Cybersecurity Alliance
  • Overcoming Challenges to Rural Health IT Infrastructure
  • New Quantum Release Eases Healthcare Cloud Integration
  • Boston Children’s, GE Develop on Smart Imaging Technology
  • 5 Essential Steps for Healthcare Cloud Data Migration
  • Oracle Sets Sights on Besting AWS Cloud Computing Offering
  • How WLAN Vendor Acquisition and Collaboration Affects Clients
  • HIT Infrastructure, Optimization Among Top CIO Concerns
  • Open Source Helps Healthcare Orgs Adapt to IT Advancements
  • Internet of Things Ecosystems Mature Through Partner Programs
  • HIMSS Advises Layered Approach to Healthcare Blockchain
  • Cardiac Clinical Workflow Frustration Grows with Structured Reporting
  • ONC Proposes Certification Criteria for Developers of Healthcare APIs
  • Health System Consolidation, Mergers Impact PACS Vendor Selection
  • “As the roles of hybrid cloud, virtualization, and hosted services are evolving, the IaaS market is set to offer tremendous opportunities for growth in the next five years. The generation of huge data by the organizations is binding industries to adopt IaaS solutions and the organizations are also focusing more on their core operations, rather than being worried about the IT infrastructure maintenance.”

    Desktop virtualization is another area ripe with opportunity for vendors and providers.  As healthcare organizations look for less expensive ways to engage in big data analytics and easy storage and retrieval of massive volumes of electronic health record data, virtualization offers lower costs, easier maintenance, and improved data access capabilities.

    The desktop virtualization market is slated to grow at a 54.59 percent CAGR until the end of the decade, says Research and Markets, spurred on largely by North American clients, who will comprise 65 percent of the market.

    Healthcare will make up 12 percent of the growth, the report says, following in the footsteps of financial service industries like banking and insurance.

    Healthcare organizations will also be instrumental in the data center colocation space, helping to bring an estimated 16.1 percent CAGR to that market segment.  Colocation services will increase in value from $25.7 billion in 2015 to $54.13 billion in 2020, as organizations seek to ease the pressures of physical space constraints.

    “The major forces driving the data center colocation market are increasing adoption of cloud computing, reduction in capital expenditure, and improvement of disaster recovery capabilities. Increasing penetration of cloud has introduced the concept of hybrid platform, including cloud and traditional colocation that eases the storage and management of organizations' data,” the MarketsandMarkets report explains. “Moreover, colocation services help organizations in cost optimization and in effectively managing their processes, such as disaster recovery and safe backup system.”

    “Benefits of reduced power, cooling cost, and reduced total cost of ownership of large data facility are some of the benefits provided by the wholesale colocation, thereby, increasing its market growth during the forecast period. It also manages additional responsibilities for the management in terms of power needs, services, and support, which are increasing its popularity in the data center colocation market.”

    A previous MarketsandMarkets report also forecast significant growth in the data center power market.  Power needs gobble up half of the costs involved in running a data center, and the market for efficient power solutions is likely to increase from $12.30 billion in 2015 to $20.44 billion by 2020.


    Sign up for our free newsletter covering the latest IT technology for Hospitals:

    Our privacy policy

    no, thanks

    Continue to site...