The healthcare cloud computing market is projected to reach $131.8 billion by 2031, driven by the growing need for personalized medicines and the increasing adoption of analytics and IoT in the healthcare sector. This approach allows healthcare organizations to leverage the scalability, flexibility, and cost-effectiveness of cloud computing to improve patient care, streamline operations, enhance data security, and foster innovation. However, growing data security & privacy concerns and complexities in data migration are major challenges for market stakeholders.
