In the past decade, cloud usage has risen, and businesses of all sizes are migrating to the cloud from on-premises IT systems. Every industry has reaped the benefits of the cloud's agility and scalability, from manufacturing and retail to e-commerce and entertainment. A genuine game-changer in a mission-critical industry like healthcare, cloud-based solutions allow providers to give patients with high-quality, convenient, and coordinated treatment.
As per a recent article CAGR of 19.5% from 2021 to 2028, the worldwide healthcare software as a service market is predicted to rise from its 2020 value of USD 12.5 billion. By 2020, the SaaS market for healthcare will be driven by the increasing use of cloud technology and healthcare's increasing digitization... Right Scale, a cloud computing service provider, released a survey in 2019 that found that 94% of organisations are using the cloud. A whopping 21% of companies, according to this research, are considering moving to the cloud very shortly.
Report Takeaways:
Challenges
There has been a lack of cloud adoption in healthcare, despite rising knowledge of cloud computing. There are still vast numbers of hospitals that use a conventional legacy system, with separate IT systems and databases for each department.
Many hospitals struggle to deploy and maintain their IT infrastructure, resulting in the loss of crucial patient data due to a lack of experience and manpower. Because of these restrictions, SaaS-based solutions are needed to integrate all of the healthcare modules.
Using Saas Models to Solve the Problem
Customers may benefit from reduced IT infrastructure costs, easier upgrades, and quicker integration and scaling by using the software as a service provider (SaaS) rather than traditional on-premise IT infrastructures. In light of this, SaaS usage in the healthcare industry is increasing at a pace of 20% per year. The cloud computing industry in healthcare is expected to reach $51.9 billion by the year 2024. With the COVID-19 problem, the usefulness of cloud technology has been established, which has driven the adoption of SaaS-based models in healthcare even further.
Furthermore, you need to select the right healthcare sector having an active SaaS model such as Icloudhospital. ICloudhospital is able to effortlessly link millions of patients from all corners of the globe to world-class medical services, from the most demanding operations to the most precise health screenings to the most sophisticated cosmetic treatments, thanks to its investment in cutting-edge technology. CloudHospital, a worldwide leader in medical concierge services, makes it possible for clinics and hospitals all over the globe to serve their patients with the utmost efficiency.
SaaS-based healthcare solutions are gaining traction because of several factors
With SaaS cloud solutions, businesses may save money, increase data security, and share information and data more easily than they could with on-premise systems. Let's take a look at the advantages that shifting to a cloud architecture may provide hospitals as they become more aware of this.
There has been at least one data leak at 90% of healthcare firms since 2016. The increasing number of healthcare data breaches necessitates the use of cloud-based services. Sadly, many Indian hospitals do not adhere to data security standards because healthcare staff cannot create and maintain network firewalls.
As the volume of transactions grows, so does the degradation in the performance of outdated IT systems. It's possible to solve this problem by increasing the number of servers, but this may be both time-consuming and costly. Native cloud SaaS architect, on the other hand, is scalable and can be scaled up or down according to demand. Microservices-based architecture, i.e. cloud is required for both software applications and deployments to accomplish this. When there are a lot of hospitals.
Multiple stakeholders in the healthcare system may now work together more easily thanks to the use of cloud storage for electronic medical records (EMR). As a result of the widespread use of cloud-based medical records, medical practitioners now have a much simpler time seeing and collaborating on patient data (including prior medical records).
A cloud-based IT infrastructure is more affordable for healthcare providers since there is no upfront capital investment and they simply pay for the services they consume. Using SaaS providers to administer and maintain cloud servers saves healthcare companies money that would otherwise be spent on managing and maintaining an outdated system.
How SaaS Suppliers are removing barriers to cloud adoption
Because of constraints such as diminishing healthcare expenditures, rising worries about data security, legal impediments, and a lack of cloud computing understanding among other things, SaaS adoption is still gaining speed. There is still a lot of uncertainty among healthcare providers about how to map and apply these criteria in the cloud, given the high bar for privacy, security, and compliance.
New-age health tech SaaS businesses, on the other hand, are changing this paradigm by making the move to the cloud simple, affordable, and fast. Hospitals may now make use of the benefits of cloud computing without having to spend a lot of money upfront thanks to these companies' subscription-based pricing structures.
The Way Forward
Cloud technology has the potential to transform healthcare, particularly in India, which is struggling to cope with a lack of infrastructure, the imbalance between rural and urban areas, and a segmented work structure. Increased and quicker cloud adoption by SaaS enterprises will alleviate these issues and establish the groundwork for better healthcare that is accessible to everyone.
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