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Global Healthcare Data-Storage Market by Type, By Storage System, By End-user, By Region ; Trend Analysis, Competitive Market Share & Forecast, 2016-2026.

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  • 190 Pages
  • November 2020
  • Region: Global
  • Blueweave Consulting & Research Pvt Ltd
  • ID: 5229996
The Global Hardware Data-Storage market is projected to reach the valuation of USD 5,470.66 Million by 2026 with a CAGR of 10%

Global Hardware Data-Storage Market has gained momentum in recent years with a CAGR of 10%, in value terms, over the forecast period 2020-2026, and is expected to reach USD 5,470.66 Million by 2026. The increasing volume of digital data across various companies. Digital data has emerged as the most significant resource for enterprises in the last few years. The emergence of extremely compressed and flexible storage systems, including high-performance computing technology, converged infrastructure, composable storage systems, hyper-converged cloud infrastructure, scale-out, and scale-up network-connected storage (NAS), has led to broader server scripts and real-time database analytics. The importance of storage is a gradual rise in the creation of new data due to big data and the network of devices (IoT). Modern storage systems need improved technologies to allow businesses to implement machine learning-enabled artificial intelligence (AI) to collect, interpret, and write maximum value from this data.

Increasing Adoption of Hybrid Data Storage Solutions

For versatility and the opportunity to switch software from private and public clouds, the healthcare industry is moving to hybrid clouds. Nutanix recently released the findings of its Enterprise Cloud Index Survey (which quantifies healthcare expectations for the use of private, hybrid, and public clouds) for the healthcare sector. The analysis reported that the healthcare industry is now third in the number of hybrid cloud installations worldwide by industry and is rapidly embracing hybrid clouds that incorporate private and public clouds.

The reasons for this rapid acceptance are numerous. Healthcare entities need to resolve a range of critical IT needs including improved safety, the security of confidential patient records, and compliance with regulatory requirements. More than 28 percent of healthcare respondents listed protection and enforcement as their number one decision criteria when deciding where to run workloads. With hackers attacking medical records with sought-after personal details such as patient healthcare and insurance numbers, healthcare institutions need security technologies that can manage sensitive data movement in a consistent and secure. manner.

Growth in Digital Data Volume in Healthcare Organizations

In the era of information technology, the healthcare sector needs to contend with vast volumes of data from outpatient departmental end-case cards, medical records from intensive care units, and scanning outcomes from testing instruments such as CT scanners and MRIs X-ray machines. Hospitals require an effective data storage infrastructure for effective information management to handle such a vast volume of data and obtain assistance from data storage specialist firms who support the development of the demand for healthcare data storage. Different forms of data storage methods are available that are applied according to the healthcare facility and the generated data.

For example, approximately 67 % of large hospitals with more than 500 beds use a data storage area network (SAN) in which images and data can go directly from storage to workstations independently on the pipe side, freeing up the main server. For its special characteristic of allowing Picture Archiving and Communication Systems (PACs), SAN's demand is increasing due to the increased need to exchange diagnostic data. Statistics further state that nearly 62 % of mid-to low-level hospitals use external storage media such as tapes, discs, etc. as data storage to store patient records, EMR, radiological images, etc.

North America is expected to witness significant growth in the market during the forecast period

Based on region, the Healthcare Data Storage market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Increasing volumes of unstructured healthcare data and rapid technological developments have increased North America's demand for secure, reliable, and cost-effective computing facilities. Adaptation by clinics & hospitals to creative technologies to ensure patient data and the utilization of advanced IT health care. The rising disposable income range & rapid urbanization will boost further the product demand.

Hardware Data-Storage: Competitive Landscape

Companies such as Dell, Hewlett Packard Enterprise (HPE), IBM Corporation, Fujitsu, NetApp, Nutanix, Pure Storage, Cloudian, Hitachi Systems Ltd., Tintri, Western Digital, and Other Prominent Leaders.

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Table of Contents

1. Research Framework
1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation
2. Research Methodology
2.1. Qualitative Research
2.1.1. Primary & Secondary Research
2.2. Quantitative Research
2.3. Market Breakdown & Data Triangulation
2.3.1. Primary & Secondary Research
2.3.2. Secondary Research
2.3.3. Primary Research
2.4. Breakdown of Primary Research Respondents, By Region
2.5. Assumption & Limitation
3. Executive Summary
4. Global Healthcare Data Storage Industry Insights
4.1. DROC Analysis
4.1.1. Growth Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. Technological Landscape/ Recent Development
4.3. Company Market Share Analysis, 2019
4.4. Porter’s Five Forces Analysis
4.4.1. Bargaining Power of Suppliers
4.4.2. Bargaining Power of Buyers
4.4.3. Threat of New Entrants
4.4.4. Threat of Substitutes
4.4.5. Intensity of Rivalry
4.5. Impact of Covid-19 on Global Healthcare Data Storage Industry.
5. Global Healthcare Data Storage Market Overview
5.1. Market Size & Forecast by Value, 2016-2026
5.1.1. By Value (USD Million)
5.2. Market Share & Forecast
5.2.1. By Type Flash & Solid-State Storage Magnetic Storage
5.2.2. By Storage system Storage Area Network Direct-Attached Storage Network-Attached Storage
5.2.3. By End user Pharmaceutical & Biotechnology Companies Hospitals & Clinics Research Centers Others
5.2.4. By Region North America Europe Asia Pacific Latin America Middle East & Africa
6. North America Healthcare Data Storage Market
6.1. Market Size & Forecast by Value, 2016-2026
6.1.1. By Value (USD Million)
6.2. Market Share & Forecast
6.2.1. By Type
6.2.2. By Storage system
6.2.3. By End user
6.2.4. By Country United States Canada
7. Europe Healthcare Data Storage Market
7.1. Market Size & Forecast by Value, 2016-2026
7.1.1. By Value (USD Million)
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By Storage system
7.2.3. By End user
7.2.4. By Country Germany United Kingdom France Italy Spain Rest of Europe
8. Asia Pacific Healthcare Data Storage Market
8.1. Market Size & Forecast by Value, 2016-2026
8.1.1. By Value (USD Million)
8.2. Market Share & Forecast
8.2.1. By Type
8.2.2. By Storage system
8.2.3. By End user
8.2.4. By Country China India Japan Rest of Asia Pacific
9. Latin America Healthcare Data Storage Market
9.1. Market Size & Forecast by Value, 2016-2026
9.1.1. By Value (USD Million)
9.2. Market Share & Forecast
9.2.1. By Type
9.2.2. By Storage system
9.2.3. By End user
9.2.4. By Country Brazil Mexico Argentina Rest of Latin America
10. Middle East & Africa Healthcare Data Storage Market
10.1. Market Size & Forecast by Value, 2016-2026
10.1.1. By Value (USD Million)
10.2. Market Share & Forecast
10.2.1. By Type
10.2.2. By Storage system
10.2.3. By End user
10.2.4. By Country Saudi Arabia UAE South Africa Rest of Middle East & Africa
11. Company Profile (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) *
11.1. Dell,
11.2. Hewlett Packard Enterprise (HPE),
11.3. IBM Corporation,
11.4. Fujitsu,
11.5. NetApp,
11.6. Nutanix,
11.7. Pure Storage,
11.8. Cloudian,
11.9. Hitachi Systems Ltd.,
11.10. Tintri,
11.11. Western Digital,
11.12. Other Prominent Players

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Dell
  • Hewlett Packard Enterprise (HPE)
  • IBM Corporation
  • Fujitsu
  • NetApp
  • Nutanix
  • Pure Storage
  • Cloudian
  • Hitachi Systems Ltd.
  • Tintri
  • Western Digital