Healthcare API - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Healthcare API Market is accounted for $191.10 million in 2019 and is expected to reach $309.21 million by 2027 growing at a CAGR of 6.2% during the forecast period. Technological advancement in health care solutions coupled with the co-existence of healthcare and IT services and increased patient satisfaction & development in care quality are propelling the growth of the market. However, loss and manipulation of important patient information and concerns related to privacy breaches are hampering the growth of the market.
Patient-centric healthcare is a rising trend in healthcare delivery, which has resulted in improved outcomes, good patient satisfaction, and improvement in care quality. The emergence of host services, such as remote patient monitoring and wearable medical devices, has improved the demand for healthcare API solutions, which assist patients to know details about the experience, speciality, and timing of a doctor before consulting them.
Based on the deployment model, the cloud-based segment is anticipated to hold considerable market share during the forecast period due to the availability of free storage space to store and organize healthcare data of patients and hospitals that is easily accessible during emergencies by healthcare professionals and caregivers. By geography, Asia Pacific is anticipated to hold considerable market share during the forecast period owing to the growing demand for API-based electronic health record services and wearable medical devices, increasing healthcare investments & adoption of technologically advanced healthcare solutions.
Some of the key players profiled in the Healthcare API Market include Practo Technologies Pvt. Ltd., Microsoft Corporation, General Electric Company, MuleSoft, Inc., Epic Systems Corporation., Allscripts Healthcare Solutions, Inc., Practice Fusion, Inc., Greenway Health, LLC., eClinicalWorks, Apple Inc., TrueVault, and Google Cloud.
End Users Covered:
• Healthcare Payers
• Healthcare Providers
Deployment Models Covered:
• Remote Patient Monitoring
• Medical Device (Wearable)
• Electronic Health Record Access
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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