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Rising volume of medical imaging data to increase the adoption of cloud computing in the healthcare sector
The adoption of cloud computing in the healthcare industry is on the rise. The benefits offered by cloud computing outweigh the risks involved. The cloud computing service providers have a significant scope to increase their market share in the medical imaging data management sector, owing to the rise in volume of medical imaging data. Medical images include a vast collection of images from CT, MRI, X-ray, ultrasound, and radiological images. These images have created a significant amount of data and the number of images is expected to increase with the increasing number of patients. It is estimated that globally, medical image archives are increasing by 20%-40% each year, and in the U.S. alone it is projected that by 2012, there will be 1 billion medical images stored.
The improvements in imaging technologies are further increasing the requirements for the storage capacity needed for medical images. Newer modalities contribute to image growth, as more images are created per study or per patient as compared to old traditional systems. For example, as upgrades are made to 256 slice CT scanners from 64 slice CT scanners, the amount of medical image data a provider generates is expected to grow exponentially. Furthermore, images are captured in higher resolution formats as a result of significant technology advancements. Imaging modalities such as X-ray, ultrasound, CT, PET, MRI, NM, mammography, and fluoroscopy are used in the diagnostic industry for medical imaging. Among all the medical imaging modalities, X-rays and MRI produce the largest number of images.
The increasing medical imaging data can be efficiently managed through the use of cloud computing solutions for PACS, RIS, and VAN applications. Through the use of cloud services, images can be quickly and easily transmitted via a secure Internet connection to on-site or off-site radiologists. Also, studies can be shared with referring physicians or other clinicians at any location over a basic Internet connection. Thus, medical imaging data is likely to become a revenue pocket for cloud computing service providers. According to a study conducted by Accenture in 2010, 73% of healthcare organizations was expected to shift medical imaging data onto cloud. The company also forecasts the high demand for cloud computing in medical imaging, with a CAGR of 26% annually till 2018. Cloud-based solutions for medical imaging are expected to eliminate the challenges faced by radiologists in the processing and management of a large amount of medical imaging data, thus fuelling the growth of this market.
North American Healthcare Cloud Computing Market by Applications (EMR, PACS, RIS, RCM, APB), Deployment (Private, Public, Hybrid), Service (SAAS, IAAS), Pricing (Pay-As-You-Go, Spot) & End Users (Provider, Payers) - Forecast to 2018
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