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. 

  • Cloud Management Platforms Support Multiple Cloud Environments
  • HIT Infrastructure Focus in Philips, Health System Partnership
  • Exploring Low-Code, Outsourcing for Healthcare App Development
  • Containers to Become a Key Part of Health IT Infrastructure?
  • How Artificial Intelligence Can Shape Health IT Infrastructure
  • Healthcare Enterprise Mobility Management Fuels Mobile Success
  • Half of Orgs Unprepared for HIT Infrastructure Digitization
  • Mobile Health Tool Adoption Supports Population Health
  • ONC’s 2nd Interoperability Forum Focuses on FHIR API, Faxes
  • Top Healthcare IoT Concerns Include Interoperability, Security
  • Top 5 Health IT Infrastructure Trends to Watch in 2018
  • Open Source Collaboration Key to Healthcare Blockchain Adoption
  • Utilizing Healthcare Blockchain to Increase Identity Management
  • Secure Communications Key in Recent Uniphy Mobile App Launch
  • Using Threat Intelligence to Improve HIT Infrastructure Security
  • CMS to Update Infrastructure for Quality Payment System
  • Microsoft Unveils Improvements to IT Infrastructure Offerings
  • Healthcare Internet of Things Market To Grow at 11% CAGR to 2022
  • NAC Denies Unauthorized Devices Access To Health IT Network
  • Edge Computing Essential for 2018 HIT Infrastructure
  • Virtualization for Secure Healthcare Data Access Control
  • Remote Patient Monitoring Supports Vendor Connectivity, Technology
  • How Can Virtualization Improve the Healthcare Industry?
  • Better Patient Care Helps Advance Health IT Infrastructure
  • Healthcare Cloud Computing Seeing Constant Overall Growth
  • Fear of Artificial Intelligence in Healthcare Can Delay Benefits
  • Healthcare Blockchain Improves to Handle Genome Data
  • What’s the Difference Between Cloud, Virtualization in Healthcare?
  • Healthcare SIEM Uses Real-Time Data for Network Security
  • New Google HIT Infrastructure Collaborations Aid Population Health
  • Solid-State Array Supports Future Health IT Infrastructure
  • How Augmented Reality Could Benefit Health IT Infrastructure
  • How to Approach Healthcare Blockchain Vendor Selection
  • Healthcare Mobile App Usability Demands Efficient Development
  • Actifio’s Virtualization Eliminates IT Infrastructure Copy Data
  • Oracle, Ivanti Announce New Data Integration Cloud Services
  • Healthcare Internet of Things Seeks Advanced 5G Wireless
  • Hyper-Converged VDI Modernizes Health IT Infrastructure
  • Projected Lab Growth to Impact Health Data Infrastructure
  • IBM Watson Launches Healthcare AI Cybersecurity Beta Program
  • 2018 EHNAC Accreditation Impacts Secure Data Exchange
  • Staffing Top Challenge in SIEM HIT Infrastructure Adoption
  • Healthcare Artificial Intelligence Adoption Grows for Software Apps
  • Medtronic to Pay $51M to Settle DoJ Medical Device Probes
  • Orion Health Enters New Precision Medicine Agreement
  • Data Theft, Social Engineering Threaten Health IT Networks
  • ONC Promotes Open APIs to Solve Interoperability Challenges
  • Implementing 21st Century Cures Act Preoccupies ONC’s Work
  • IBM Watson Expands Consulting Support to Internet of Things
  • Advanced Health IT Infrastructure Tools Reduce Cost
  • Rack Servers Assist Flexible HIT Infrastructure Datacenters
  • On-Demand Care: A Growing Part of Health IT Infrastructure
  • Adventist Health Deploys Advanced Clinical Research Platform
  • Cloudify Launches Open vCPE Virtual Network Functions Framework
  • Walmart Patents Healthcare Blockchain, EHR for First Responders
  • Virtustream Announces HIPAA Compliant Healthcare Cloud Service
  • Spending on Electronic Health Records Exceeds Expectations
  • Experts Name Intelligent Enterprise Top Health IT Trend
  • Boston Children’s, GE Develop on Smart Imaging Technology
  • Preparing Health IT Infrastructure for BYOD Environments
  • Machine Learning, Network Monitoring Top HIMSS 18 Releases
  • IoT Enhances Healthcare Enterprise Resource Planning
  • Smart Device Growth Strains Health IT Infrastructure
  • Low-Power Healthcare IoT Devices Support Asset Tracking
  • Understanding the HIT Infrastructure Role in Value-Based Care
  • FUJIFILM Partners with American College of Radiology for PACS
  • Healthcare Cloud IT Infrastructure Grows as Data Demands Rise
  • Healthcare Orgs Seek VDI for Flexible, Mobile Desktop Access
  • Management Tools Vital to Continued Health IT Cloud Adoption
  • Value of Carequality-CommonWell Interoperability Agreement
  • US Gov’t Report Says Health IT Infrastructure Impedes Competition
  • Focusing on Healthcare Open Source Security Awareness
  • Backup and Disaster Recovery Evolves with HIT Infrastructure
  • Healthcare IoT Sensor Solution Remotely Collects Wearable Data
  • ClearDATA Expands HITRUST Coverage for Google, Amazon, Microsoft
  • Overcoming Challenges to Rural Health IT Infrastructure
  • Healthcare Software-Defined Networking Allows Cloud Utilization
  • Health Data Encryption Grows with Technology Advancements
  • Majority of Healthcare CIOs Lack Strong Trust in Data Integrity
  • How IoT, Edge Computing Can Impact HIT Infrastructure in 2018
  • How Healthcare Low Code App Development Increases Flexibility
  • Healthcare CIOs’ Power over IT Purchasing Decisions in Free Fall
  • Health Catalyst Launches Open-Source Machine Learning
  • Internet of Medical Things Improves Health IT Infrastructure
  • Applying Healthcare Blockchain to HIT Infrastructure
  • Added Technology Expands Telemedicine at Children’s Mercy
  • Healthcare Network Firewalls Include Next-Generation Features
  • Using Broadband, Wi-Fi for Healthcare Internet of Things
  • IoT Growth Sparks Healthcare Device Management, Visibility Solutions
  • Healthcare SIEM Provides Security Through Event Data Monitoring
  • Health IT Infrastructure, Costs Hinder Health Data Exchange
  • How an Aging Population Will Revolutionize IoT and Edge Solutions
  • IoT Devices Significantly Lower Nurse Response Times
  • CIOs Cite Evolving Digital Environments as Top IT Challenge
  • Computer Assisted Coding Systems Help Orgs Handle Increasing Data
  • Extreme Networks Releases HIPAA-Compliant Network Management
  • Health IT Infrastructure Improves with AMA Collaboration Platform
  • Change Healthcare Releases Healthcare Blockchain Solution
  • AWS Expands Healthcare Internet of Things Capabilities
  • Study Finds Significant Lack of Medical Device Security
  • “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...