Health Data Archiving Market Focusing on Size, Share, Growth and Forecast (2022-2026)


Posted February 4, 2023 by Urmila01

The Global Health Data Archiving Market size is estimated to reach $7.65 Billion by 2026

 
The Global Health Data Archiving Market size is estimated to reach $7.65 Billion by 2026, growing at a CAGR of 12.5% over the forecast period of 2022-2026. Healthcare data archives come into the picture in EMR/EHR modifications, acquisitions, and physician retirement. If your healthcare organization is through any of these changes, now is a perfect moment to develop a healthcare data archiving strategy. Your old legacy system has essential data that you must keep, but it comes with maintenance and security expenditures. Data transfer and archival are the most effective ways to maintain access to the data you need while removing maintenance and security problems.
An increase in inpatients and outpatients has contributed to the rise in medical documentation costs. Health data archiving will help cost-effectively deal with this problem. Hence this factor drives the health data archiving market.
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Market Dynamics
Driver: The rise in inpatients and outpatients are driving the market demand
The rising expenses of medical documentation and the growing amount of medical papers have come from the increasing number of inpatients and outpatients in hospitals. In addition, the development of different archiving systems to efficiently store enormous volumes of organized and unstructured data throughout the healthcare industry has been prompted by advancements in diagnostic technologies and the expanding use of digital medical imaging.
Challenge: Increased risk of cyberattacks is set to limit the market growth.
Increasing risks of cyberattacks is the biggest challenge for the Health Data Archiving Market. As a result, the people involved here have to be extra careful when it comes to the confidential medical data of patients.

Key Market Players
Key Players in the Global Health Data Archiving Market consist of Actiance Incorporation, Barracuda Networks Incorporation, Bloomberg L.P., Commvault Systems Inc., Global Relay Communications Inc., Google Incorporation, International Business Machine (IBM) Corporation and Microsoft Corporation, Allscripts, and Siemens. among others.
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Report Coverage and Scope
The report "Global Health Data Archiving Market" by Research Informatic covers an in-depth detailed analysis for the following segment covered under the scope.
By Type
• Magnetic Storage
• Flash and solid-state storage
• Discs
• Tapes
By End Users
• Pharma
• Biotech
• CRO
• Hospital
• Clinics
• Research Center

By Geography
• North America
• Europe
• APAC
• RoW
TOC:
Chapter 1 Health Data Archiving Market Overview
1.1 Product Overview and Scope of Health Data Archiving
1.2 Health Data Archiving Market Segmentation By Product Type
1.2.1 Magnetic Storage
1.2.2 Flash and solid-state storage
1.2.3 Discs
1.2.4 Tapes
TOC Continued…
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Categories Biotech , Health , Medical
Tags health data archiving market
Last Updated February 4, 2023