Robust Expansion of Healthcare Data Storage Market Expected by 2027 | IBM Corporation, NetApp, Hewlett Packard Enterprise


Healthcare Data Storage Market

NEW YORK, NY, USA, January 20, 2022 / — Global Healthcare Data Storage Market, By type (flash and solid-state storage, magnetic storage), by storage systems (storage area network, direct attached storage, network-attached storage), by delivery mode (remote, hybrid, on-premises) by end user (Pharmaceutical and biotech companies, research centers, hospitals, diagnostic laboratories and clinics, other end users) and opportunities and forecasts 2020-2027

Healthcare Data Storage Market Overview

Around the world, healthcare organizations are investing heavily in upgrading their storage IT infrastructure to make it more versatile and robust to meet the growing demands of the healthcare industry.

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However, organizations often struggle with managing clinical data created by connected medical devices, patient data generated by hospitals, and other health-related records. But the expansion of the market is expected to be influenced by factors such as huge volumes of digital data produced in healthcare institutions, quick and easy introduction of cloud storage solutions, increased use of electronic medical records ( DME), computerized supplier order entry (CPOE), and therefore the acceptance of hybrid data storage solutions.

The major restraining factor in the healthcare data storage market is the lack of professional IT skills and configuration cost estimation.

Impact of Covid-19 on the health data storage market:

In addition, the current study of the global market offers a detailed analysis of the current impact of the COVID-19 pandemic on the growth of the market and its influence on the future growth of the global market. The recently released report shows the rise in demand for the healthcare sector. Healthcare manufacturers have also experienced the future as a short-term effect that incorporates supply shortages, panic buying and stockpiling, short-term regulatory changes as approval delays and Possible trend variations in consumption could be seen as long-term impacts of COVID-19 on the healthcare and pharmacy market.

The growing need for a cure has pushed research and vaccine manufacturers to their limits. In addition to the current conditions, the panic conditions have already boosted the demand for several healthcare products and services which are discussed in detail in this report. Additionally, the impact of this pandemic on the overall market revenue for the base year 2020 and its projection to 2027 is detailed in this report.

Healthcare Data Storage Market Segment Overview

On the basis of type, flash and solid-state storage segment accounted for the largest market share in the estimated time and is expected to register the high CAGR during the forecast period. The high capacities of flash and SSD drives compared to magnetic drives and their falling costs have resulted in their increased adoption by end users.

Based on the deployment model, the on-premises segment accounted for the largest market share in the estimated time and is expected to register the high CAGR during the forecast period. On-premises solutions are the most widely adopted storage solutions in the market.

On the basis of end-user, the pharmaceutical and biotechnology companies segment accounted for the largest market share in the estimated time and is expected to register a high CAGR during the forecast period. This will be attributed to the very fact that extensive drug discovery research is carried out in pharmaceutical and biotechnology companies, which generates a huge amount of knowledge.

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Market Analysis, Outlook and Forecast – By Type
Flash and Solid-State Storage
Magnetic storage

Market Analysis, Outlook and Forecast – By Storage Systems
Network of storage areas
Direct Attach Storage
network storage

Market Analysis, Outlook and Forecast – By Delivery Mode
· From a distance
· On the spot

Market Analysis, Outlook and Forecast – By End User
· Pharmaceutical and biotechnology companies
· Research centers
· Diagnostic and clinical laboratories
Other end users

Regional Overview of Healthcare Data Storage Market

Regionally, in terms of regions, North America holds the majority of the market. Due to the growing volume of unstructured health data and rapid technological advancements, the demand for secure, reliable, and cost-effective storage infrastructure in North America has increased.

Healthcare Data Storage Market, By Geography

North America (USA and Canada)
Europe (UK, Germany, France, Italy, Spain and Rest of Europe)
Asia-Pacific (Japan, China, India, Australia, South Korea and Rest of Asia-Pacific)
LAMEA (Brazil, Saudi Arabia, United Arab Emirates and rest of LAMEA)

Overview of Healthcare Data Storage Market Competitors

Some key developments and strategies adopted by manufacturers in healthcare data storage are highlighted below.

· In 2019, Cloudian provides fast and scalable S3 object storage as part of a partnership with green cloud technologies.

Healthcare Data Storage Market, Key Players

IBM Company
Net App
Hewlett Packard Enterprise
Pure Storage, Inc.
Hitachi, Ltd.
Toshiba Company
Western Digital Corporation
· Scale
Huawei Technologies Co.,Ltd.
· Tintri

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Healthcare Data Storage Market Research Global Market Analysis, Outlook and Forecast, 2020-2027
1. Introduction
1.1. Search scope
1.2. Market segmentation
1.3. Research Methodology
1.4. Definitions and assumptions
2. Executive Summary
3. Market dynamics
3.1. Market factors
3.2. Market constraints
3.3. Market opportunities
4. Key information
4.1. Main emerging trends – for main countries
4.2. Latest technological advancement
4.3. Regulatory landscape
4.4. Industry SWOT Analysis
4.5. Analysis of the five forces of carriers
5. Global Healthcare Data Storage Market Analysis (USD Billion), Outlook and Forecast, 2020-2027
5.1. Main results/summary
5.2. Market Analysis, Outlook and Forecast – By Type
5.2.1. Flash and Solid-State Storage
5.2.2. Magnetic storage
5.3. Market Analysis, Outlook and Forecast – By Storage Systems
5.3.1. Network of storage areas
5.3.2. Direct Attached Storage
5.3.3. network storage
5.4. Market analysis, outlook and forecast – by delivery method
5.4.1. From a distance
5.4.2. Hybrid
5.4.3. On the site
5.5. Market Analysis, Outlook and Forecast – By End User
5.5.1. Pharmaceutical and biotechnology companies
5.5.2. Research centers
5.5.3. Hospitals
5.5.4. Diagnostic and clinical laboratories
5.5.5. Other end users
5.6. Market Analysis, Outlook and Forecast – By Region
5.6.1. North America
5.6.2. Europe
5.6.3. Asia Pacific
5.6.4. Latin America, Middle East and Africa

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