With cloud computing being adopted by hospitals at a fast pace and wireless spending growing, health care IT will experience the fastest growth among U.S. vertical industries, according to a report by In-Stat.
Health care is becoming the fastest-growing vertical for U.S. businesses,
with (IAAS) (infrastructure as a service) leading the way, according to a new report
by research firm In-Stat. IT spending in health care will grow 29 percent from
2010 to 2015, the company reports.
"The health care vertical segment, across all sizes of
business, and across nearly all product groups, is fast becoming the most
robust business vertical segment in U.S. business markets," Greg Potter,
an In-Stat analyst, said in a statement. "Demand for cloud computing
services in particular has exploded, and we see nothing that would indicate
that the trend won't continue at least through 2015."
The need for health care IT gets more urgent as the population of people ages 55 and over grows and records move from paper to electronic, Potter suggested.
"Health care records are increasingly becoming more
digitized, and the need for storage and recall of these records from multiple
locations requires a robust IT infrastructure," Potter wrote in an e-mail
In-Stat released its report "Healthcare and Social Services Spending on Telecom Services: Wireline Voice, Wireline Data, Wireless,
Cloud Computing and VoIP by Size of Business" on Aug. 1.
Health care firms will spend $518 million on IAAS in 2015, and IAAS
will grow to a $4 billion market
across all industries by that year, according
to the firm.
a type of cloud computing in which companies can provision storage, hardware, servers and
networks over the Internet. Although companies don't manage or control the
cloud infrastructure itself, they can control operating systems, storage,
applications and possibly networking components such as host firewalls, Potter
The other areas of cloud computing are SAAS (software as a service) and PAAS (platform as a service). Companies such as Microsoft, Oracle,
Salesforce.com and VMware offer PAAS products that provide the infrastructure
to run applications over the Web.
Meanwhile, SAAS spending will grow 150 percent from 2010 to 2015, according to In-Stat. Several companies use SAAS to run software from the
cloud, including EHR (electronic health record) vendors ClearPractice
Small businesses are adopting cloud computing in large numbers, according to Potter. Of those health care firms investing in cloud
computing, more than half are small businesses of 5 to 99 employees, he noted.
"The overall growth is being led by small businesses," Potter said. "Most of these businesses are realizing
there are tremendous cost savings in utilizing public cloud services."
Home and small-office businesses are making use of cloud storage services. As these small businesses expand, they'll adopt IAAS for
Web hosting and software using virtualized servers, he said.
Meanwhile, spending on wireless connectivity by health care enterprises will increase by about 12 percent from 2010 to 2011, In-Stat
Spending on wireless will be fueled by a large market for wireless health-monitoring devices, according to a recent study by IBM's
Institute for Business Value
. Wireless health-monitoring vendors include A&D Medical, Medtronic, Nonin, 3M and Omron.
With new specifications now available for the Bluetooth 4.0 wireless standard, this holiday season could bring new