Global Health Data Archiving Market Forecast to 2028 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 the latest analysis by Emergen Research. The 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. The analysis provides accurate growth pattern estimates and looks at the factors influencing market growth in the global Health Data Archiving market. The report's primary focus is on the key market constituents, including market drivers, restraints, opportunities, threats, risks, restrictions, and other factors. The research includes comprehensive studies of the company profiles, product portfolio, and corporate expansion strategies, in addition to a complete investigation of the competition landscape. The 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 diagnoses, 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. Healthcare organizations generate terabytes of data annually in the form of lab results, patient records, and medical images, among others. The increasing adoption of the Internet of Things (IoT) in hospitals and the steady trend of healthcare wearables are further propelling the growth of the market. The increasing application of Electronic Medical records (EMR), acceptance of hybrid data storage solutions, and Computerized Provider Order Entries (CPOE) are expected to continue to drive revenue growth in the market going forward. Request a Sample Report with Table of Contents and Figures to visit this site @ https://www.emergenresearch.com/request-sample/801 Competitive Terrain: The global Health Data Archiving industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies. The leading market contenders listed in the report are: 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 Research Report on the Health Data Archiving Market Addresses the Following Key Questions: Who are the dominant players of the Health Data Archiving market? Which regional market is anticipated to have a high growth rate over the projected period? What consumer trends and demands are expected to influence the operations of the market players in the Health Data Archiving market? What are the key growth drivers and restraining factors of the Health Data Archiving market? What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market? What is the overall impact of the COVID-19 pandemic on the Health Data Archiving market and its key segments? Market Overview: The report bifurcates the Health Data Archiving market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment. Segments Covered in this report are: Type Outlook (Revenue, USD Billion; 2018–2028) Flash & Solid-State Storage Magnetic Storage Magnetic Discs 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 Regional Landscape section of the Health Data Archiving report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region. The various regions analyzed in the report include: 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) Browse Full Report Description + Research Methodology + Table of Content + Infographics@ https://www.emergenresearch.com/industry-report/health-data-archiving-market Some Key Highlights from the Report In May 2021, National hospital chain HCA Healthcare Inc. and Google signed a deal to develop healthcare algorithms using patient’s data. HCA will consolidate and store with Google digital health records under the agreement. HCA and Google engineers are working together to develop algorithms to enhance efficiency. Flash & solid-state storage segment accounted for largest revenue share in 2020 due to high speed offered by this technology. It can write data and perform random input/output operation in a flash. Flash & solid-state storage are very durable, faster than hard disk, and is energy efficient. It is more practical for smaller businesses as these devices are available in different sizes and do not take up any space. Cloud segment revenue is expected to register significant growth during the forecast period as cloud provides more cost-saving benefits, reduces responsibilities of IT staff, and is trending currently. Cloud storage does not require significant capital and healthcare providers can use it with affordable monthly subscription. Cloud-based storage is developed to adjust to company’s needs, and keeps up with requirements of companies that are growing rapidly. Pharmaceutical & biotechnology companies segment accounted for largest revenue share in 2020 as extensive research is done by these institutions and vast volumes of data are generated. Contract Research Organizations (CROs) and Contract Manufacturing Organizations (CMOs) conduct numerous clinical trials and have multiple pipeline projects, from which data need to be stored and managed in case it is needed in future. The market in North America accounted for largest revenue share in 2020 due to rapid adoption of advanced technologies and presence of state-of-the-art research facilities. Stringent regulations in the U.S. have made data storage mandatory, which is further contributing to growth of the market. Use of EHR in almost all hospitals is also fueling market growth. The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Health Data Archiving market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic. Key Points of the Geographical Analysis: Data and information related to the consumption rate in each region Estimated increase in the consumption rate Proposed growth of the market share of each region Geographical contribution to market revenue Expected growth rate of the regional markets Request Customization as per your specific requirement@ https://www.emergenresearch.com/purchase-enquiry/801 Thank you for reading our report. To know more about the customization feature, please get in touch with us, and our team will ensure the report is customized to meet your requirements. 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