The global healthcare cloud computing market was valued at USD 19.6 billion in 2023 and is expected to reach USD 45.1 billion by 2030, growing at a compound annual growth rate (CAGR) of 12.7% from 2024 to 2030.
Global Healthcare Cloud Computing Market Overview
The global healthcare cloud computing market was valued at USD 19.6 billion in 2023 and is expected to reach USD 45.1 billion by 2030, growing at a compound annual growth rate (CAGR) of 12.7% from 2024 to 2030. This significant growth is primarily driven by the rising prevalence of chronic diseases, a growing geriatric population, and the increasing demand for integrated information systems in the healthcare sector.
A surge in the adoption of digital health technologies—such as telehealth, e-prescribing, mobile health, and electronic health records (EHRs)—is also contributing to market expansion. The healthcare sector is increasingly relying on big data analytics, the Internet of Things (IoT), and wearable devices to enable real-time access to patient information and remote monitoring. For example, U.S. hospitals and health systems use connected devices with IoT sensors to continuously monitor vital signs such as heart rate, blood pressure, and glucose levels.
The aging population in the U.S. further fuels telehealth demand. As reported by the Population Reference Bureau in January 2024, the U.S. geriatric population is projected to increase by 82 million by 2050. Simultaneously, the Centers for Disease Control and Prevention (CDC) estimates that 129 million Americans are affected by at least one major chronic condition as of 2024. These factors are encouraging more individuals to use remote healthcare services, supporting the growth of cloud-based health platforms.
Government initiatives aimed at strengthening healthcare IT infrastructure are expected to further boost the market. For instance, the Government of India has extended the Digital Health Incentive Scheme, aligning it with the Ayushman Bharat Digital Health Account to digitize patient records by 2025—an initiative that will enhance the adoption of healthcare cloud solutions.
Additionally, the availability of services from digital medical libraries, including library management systems, indexing tools, and query languages, is helping physicians access and manage data more effectively. Management information systems used for billing, finance, and human resources are also gaining traction. These advancements in digital infrastructure and decision-making tools are anticipated to offer significant growth opportunities in the near future.
Order a free sample PDF of the Healthcare Cloud Computing Market Intelligence Study, published by Grand View Research.
Key Market Trends & Insights
Market Size & Forecast
Key Companies & Strategic Developments
Leading companies in the healthcare cloud computing sector are focusing on innovation, partnerships, and service expansion to strengthen their market presence.
Notable Developments:
Leading Healthcare Cloud Computing Companies:
Explore Horizon Databook – The world's most expansive market intelligence platform developed by Grand View Research.
Conclusion
The global healthcare cloud computing market is undergoing rapid transformation, projected to grow from USD 19.6 billion in 2023 to USD 45.1 billion by 2030, at a robust CAGR of 12.7%. Market expansion is being fueled by a convergence of technological advancements, a growing demand for remote healthcare services, and government-driven digitization initiatives.
As chronic disease prevalence rises and healthcare providers seek scalable, secure, and efficient solutions, cloud computing is emerging as a foundational component of modern healthcare infrastructure. Key players that invest in innovation, data integration, and strategic partnerships are poised to lead in this increasingly digital healthcare landscape.