Health Data Archiving Market Growth, Industry Analysis | Global and Regional Market Forecast to 2028

Rapid increase in global geriatric population and advancements in technology are some key factors driving rapid revenue growth of the global health data archiving market

Global Health Data Archiving Market Scenario 2020-2027

The global health data archiving market size is expected to reach USD 9.28 Billion in 2028 and register a steady revenue CAGR of 14.1% between 2021 and 2028, according to latest analysis by Emergen Research. Increasing volume of digital data and rapid deployment of cloud-based storage are among some of the key factors driving global health data archiving market revenue growth and the trend is expected to continue over the forecast period.

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Surge in global population and increasing geriatric population are creating urgent need for more technologically advanced and efficient healthcare services and solutions, which in turn, is resulting in rapid generation of large data volumes related to patients and diagnosis etc. Healthcare data archives are designed to reduce on-premise footprint, resolve security issues, and decrease support costs, all while preserving significant data for reporting and compliance purposes.

Top competitors of the Health Data Archiving Market profiled in the report include:

IBM Corporation, Dell, Pure Storage, NetApp Inc., Hitachi Limited, Huawei Technologies Co., Ltd., Western Digital Corporation, Hewlett Packard Enterprises, Samsung Electronics Co., Ltd., and Fujitsu Limited.

Global Health Data Archiving Market Highlights:

  • Regional demand estimation and forecast
  • Product Mix Matrix
  • R&D Analysis
  • Cost-Benefit Analysis
  • Pre-commodity pricing volatility
  • Supply chain optimization analysis
  • Technological updates analysis
  • Raw Material Sourcing Strategy
  • Competitive Analysis
  • Mergers & Acquisitions
  • Location Quotients Analysis
  • Carbon Footprint Analysis
  • Patent Analysis
  • Vendor Management

Healthcare organizations generate terabytes of data annually in the form of lab results, patient records, and medical images, among others. Increasing adoption of Internet of Things (IoT) in hospitals and the steady trend of healthcare wearables is further propelling growth of the market. Increasing application of Electronic Medical Record (EMR), acceptance of hybrid data storage solutions, and Computerized Provider Order Entries (CPOE) is expected to continue to drive revenue growth of the market going ahead.

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Emergen Research has segmented the global health data archiving market on the basis of type, storage system, deployment, architecture, end-use, and region:

Type Outlook (Revenue, USD Billion; 2018–2028)

  • Flash & Solid-State Storage
  • Magnetic Storage
    1. Magnetic Discs
    2. Magnetic Tapes

Storage System Outlook (Revenue, USD Billion; 2018–2028)

  • Direct-Attached Storage
  • Storage Area Network
  • Network-Attached Storage

Deployment Outlook (Revenue, USD Billion; 2018–2028)

  • On-Premises
  • Hybrid
  • Cloud

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Architecture Outlook (Revenue, USD Billion; 2018–2028)

  • Object Storage
  • File Storage
  • Block Storage

End-use Outlook (Revenue, USD Billion; 2018–2028)

  • Hospitals & Clinics
  • Pharmaceutical & Biotechnology Companies
  • Diagnostic Laboratories
  • Academic and Research Centers
  • Others

Regional Analysis of the Health Data Archiving Market:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Market Overview:

The research report on the Health Data Archiving market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the Health Data Archiving business sphere.

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Key Objectives of the Report:

  • Analysis and estimation of the Health Data Archiving market size and share for the projected period of 2020-2027
  • Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
  • Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Health Data Archiving market
  • Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
  • Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.

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About Emergen Research 

At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

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