The Worldwide Healthcare API Industry is Expected to Reach $393+ Million by 2027 - ResearchAndMarkets.com

·3 min read

DUBLIN, January 21, 2022--(BUSINESS WIRE)--The "Global Healthcare API Market (2021-2027) by Service, Deployment Model, End user and Geography. IGR Competitive Analysis, Impact of Covid-19, Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Healthcare API Market is estimated to be USD 253.7 Mn in 2021 and is expected to reach USD 393.73 Mn by 2027, growing at a CAGR of 7.6 %.

Patient-centric health-related sector is the up-coming value-based form particularly for the healthcare delivery, which has actually resulted in the development of better outcomes, care quality, and improvement in patient contentment.

Increasing focus majorly on patient-centric healthcare delivery via (APIs) has been renowned in the past and the emergence/appearance of several services, such as inaccessible patient check-up and wearable medical equipment has increased the demand and popularity for the global healthcare API market.

The Global Healthcare API Market is segmented based on Service, Deployment Model, End User and Geography.

Competitive Quadrant

The report includes the Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Healthcare API Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.

  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.

  • The report includes in-depth market analysis using Porter's 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.

  • The report also contains the competitive analysis using the Competitive Quadrant, the publisher's proprietary competitive positioning tool.

Market Dynamics

Drivers

  • Increasing demand for healthcare integration

  • Increasing adoption of API-based EHR

  • Technological Advancements

Restraints

  • Safety & security issues related to patient health information

Opportunities

  • The constant rise in government initiatives to relocate from the conventional method to technologically developed healthcare frameworks

  • IT-empowered solutions and services is anticipated to give various chances to market improvement.

Challenges

  • Loss and control of significant patient data and worries identified with security breaches

Companies Mentioned

  • Microsoft Corporation

  • Apigee

  • MuleSoft, Inc

  • Google Cloud

  • Allscripts Healthcare Solutions Inc.

  • Practice Fusion, Inc

  • Practo Technologies Pvt. Ltd.

  • Greenway Health, LLC

  • eClinical Works LLC

  • TrueVault

  • Apple, Inc.

  • Epic Systems Corporation

  • General Electric Company

  • Athenahealth

  • Cerner Corporation

  • GE Healthcare

  • Qikwell Technologies

For more information about this report visit https://www.researchandmarkets.com/r/9hwlxz

View source version on businesswire.com: https://www.businesswire.com/news/home/20220121005223/en/

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting