About Healthcare SaaS
Healthcare SaaS also known as a healthcare software as a service. In simple words, Healthcare SaaS is a subscription-based model of software licensing and delivery. In healthcare SaaS can provide numerous benefits. In Healthcare SaaS, Users pay a fixed amount on a monthly or yearly basis, based on the services they use. However, recently, people and organizations are moving towards a pay-per-use model (PPU model). By enabling information to be accessible remotely, software as a service (SaaS) has negated the need for hosted servers and, in doing so, has reduced cost and increased access to information. SaaS providers facilitate easier collaboration, allow for quick scalability and integration without requiring infrastructure, and provide ease of use, seamless upgrades and much more.
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The market for Healthcare SaaS is highly competitive with several global as well as local players in the market. The global players are trying various strategies such as service innovation and using various marketing strategies to gain a higher market share. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Healthcare SaaS market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Cerner Corporation (United States), Veeva Systems (United States), eClinicalWorks (United States), Teladoc Health, Inc (United States), Athenahealth (United States), Snowflake Inc (United States), Allscripts (United States), Flatiron Health (United States), PatientPop (United States) and Hinge Health (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Doctolib (Frances), PointClickCare (Canada), Health Language,Inc. (United States) and Zocdoc (United States).
AMA Research has segmented the market of Global Healthcare SaaS market by Type (Vertical SaaS and Micro SaaS), Application (Telemedicine, EMR, EHR, PACS, Telehealth and Billing) and Region.
On the basis of geography, the market of Healthcare SaaS has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Deployment, the sub-segment i.e. Cloud Based will boost the Healthcare SaaS market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Operating System, the sub-segment i.e. Android will boost the Healthcare SaaS market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Doctors will boost the Healthcare SaaS market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Rapid Uses of Artificial Intelligence in Healthcare SaaS and Rapidly Transforming Healthcare Sector and Innovation of New Edge Computing Applications
Market Growth Drivers:
Surge in Demand in Delivering Faster Cheaper and Better Healthcare Services, Increasing Number of Chronic Illness Among Individuals, Rising Demand in Electronic Medical Records and Telehealth and Rising Demand of Telemedicine in Developing Regions
Lack of Knowledge about SaaS in Healthcare among Individuals and Lack of Skilled Professionals for Healthcare SaaS
Data Leak and Security Issues Associated with Healthcare SaaS and Complex and Difficult Contracts of SaaS in Healthcare
Continuous Growth in Healthcare Sector and Penetration of IT in Healthcare Sectors
Market Leaders and their expansionary development strategies
On 17 March 2022, Snowflake has launched a cloud-based, data-sharing platform for the healthcare industry that integrates the company’s core data warehousing, analytics and business intelligence offerings with a data marketplace and on-demand consulting services.
HIPAA stands for Health Insurance Portability and Accountability Act. This is a set of compliance and controls used widely across the United States under the supervision of the U.S Health Service Department (HHS). HIPAA emphasizes securing ePHI and obliges the healthcare industry to ensure privacy when using digital and electronic means to handle data and information, including SaaS-based solutions. Although information regarding compliances is very precise, SaaS-based healthcare product developers sometimes end up breaking these rules unintentionally.
Key Target AudienceHealthcare SaaS Providers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.