Healthcare API Market
PUBLISHED: 2020 ID: SMRC19725
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Healthcare API Market

Healthcare Application Programming Interface (API) - Global Market Outlook (2019-2027)

4.1 (25 reviews)
4.1 (25 reviews)
Published: 2020 ID: SMRC19725

This report covers the impact of COVID-19 on this global market

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:
Vendors
• Healthcare Payers
• Patients
• Healthcare Providers

Deployment Models Covered:
• Cloud-based
• On-premise   

Services Covered:
• Remote Patient Monitoring 
• Payment 
• Medical Device (Wearable) 
• Electronic Health Record Access 
• Appointments  

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
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

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary        
          
2 Preface    
     
 2.1 Abstract        
 2.2 Stake Holders       
 2.3 Research Scope       
 2.4 Research Methodology      
  2.4.1 Data Mining      
  2.4.2 Data Analysis       
  2.4.3 Data Validation      
  2.4.4 Research Approach      
 2.5 Research Sources       
  2.5.1 Primary Research Sources     
  2.5.2 Secondary Research Sources     
  2.5.3 Assumptions      
          
3 Market Trend Analysis       
 3.1 Introduction       
 3.2 Drivers        
 3.3 Restraints       
 3.4 Opportunities       
 3.5 Threats        
 3.6 End User Analysis       
 3.7 Emerging Markets       
 3.8 Impact of Covid-19       
          
4 Porters Five Force Analysis        
 4.1 Bargaining power of suppliers      
 4.2 Bargaining power of buyers      
 4.3 Threat of substitutes      
 4.4 Threat of new entrants      
 4.5 Competitive rivalry       
          
5 Global Healthcare API Market, By End User     
 5.1 Introduction       
 5.2 Vendors        
 5.3 Healthcare Payers       
 5.4 Patients        
 5.5 Healthcare Providers      
          
6 Global Healthcare API Market, By Deployment Model    
 6.1 Introduction       
 6.2 Cloud-based       
 6.3 On-premise       
          
7 Global Healthcare API Market, By Service     
 7.1 Introduction       
 7.2 Remote Patient Monitoring      
 7.3 Payment        
 7.4 Medical Device (Wearable)      
 7.5 Electronic Health Record Access     
 7.6 Appointments       
          
8 Global Healthcare API Market, By Geography     
 8.1 Introduction       
 8.2 North America       
  8.2.1 US       
  8.2.2 Canada       
  8.2.3 Mexico       
 8.3 Europe        
  8.3.1 Germany       
  8.3.2 UK        
  8.3.3 Italy       
  8.3.4 France       
  8.3.5 Spain       
  8.3.6 Rest of Europe      
 8.4 Asia Pacific       
  8.4.1 Japan       
  8.4.2 China       
  8.4.3 India       
  8.4.4 Australia       
  8.4.5 New Zealand      
  8.4.6 South Korea      
  8.4.7 Rest of Asia Pacific      
 8.5 South America       
  8.5.1 Argentina      
  8.5.2 Brazil       
  8.5.3 Chile       
  8.5.4 Rest of South America     
 8.6 Middle East & Africa      
  8.6.1 Saudi Arabia      
  8.6.2 UAE       
  8.6.3 Qatar       
  8.6.4 South Africa      
  8.6.5 Rest of Middle East & Africa     
          
9 Key Developments        
 9.1 Agreements, Partnerships, Collaborations and Joint Ventures   
 9.2 Acquisitions & Mergers      
 9.3 New Product Launch      
 9.4 Expansions       
 9.5 Other Key Strategies      
          
10 Company Profiling        
 10.1 Practo Technologies Pvt. Ltd.      
 10.2 Microsoft Corporation        
 10.3 General Electric Company        
 10.4 MuleSoft, Inc.         
 10.5 Epic Systems Corporation.      
 10.6 Allscripts Healthcare Solutions, Inc.     
 10.7 Practice Fusion, Inc.       
 10.8 Greenway Health, LLC.      
 10.9 eClinicalWorks       
 10.10 Apple Inc.       
 10.11 TrueVault       
 10.12 Google Cloud       


List of Tables         
1 Global Healthcare API Market Outlook, By Region (2018-2027) ($MN)   
2 Global Healthcare API Market Outlook, By End User (2018-2027) ($MN)   
3 Global Healthcare API Market Outlook, By Vendors (2018-2027) ($MN)   
4 Global Healthcare API Market Outlook, By Healthcare Payers (2018-2027) ($MN)  
5 Global Healthcare API Market Outlook, By Patients (2018-2027) ($MN)   
6 Global Healthcare API Market Outlook, By Healthcare Providers (2018-2027) ($MN)  
7 Global Healthcare API Market Outlook, By Deployment Model (2018-2027) ($MN)  
8 Global Healthcare API Market Outlook, By Cloud-based (2018-2027) ($MN)  
9 Global Healthcare API Market Outlook, By On-premise (2018-2027) ($MN)  
10 Global Healthcare API Market Outlook, By Service (2018-2027) ($MN)   
11 Global Healthcare API Market Outlook, By Remote Patient Monitoring (2018-2027) ($MN) 
12 Global Healthcare API Market Outlook, By Payment (2018-2027) ($MN)   
13 Global Healthcare API Market Outlook, By Medical Device (Wearable) (2018-2027) ($MN) 
14 Global Healthcare API Market Outlook, By Electronic Health Record Access (2018-2027) ($MN) 
15 Global Healthcare API Market Outlook, By Appointments (2018-2027) ($MN)  
16 North America Healthcare API Market Outlook, By Country (2018-2027) ($MN)  
17 North America Healthcare API Market Outlook, By End User (2018-2027) ($MN)  
18 North America Healthcare API Market Outlook, By Vendors (2018-2027) ($MN)  
19 North America Healthcare API Market Outlook, By Healthcare Payers (2018-2027) ($MN) 
20 North America Healthcare API Market Outlook, By Patients (2018-2027) ($MN)  
21 North America Healthcare API Market Outlook, By Healthcare Providers (2018-2027) ($MN) 
22 North America Healthcare API Market Outlook, By Deployment Model (2018-2027) ($MN) 
23 North America Healthcare API Market Outlook, By Cloud-based (2018-2027) ($MN)  
24 North America Healthcare API Market Outlook, By On-premise (2018-2027) ($MN)  
25 North America Healthcare API Market Outlook, By Service (2018-2027) ($MN)  
26 North America Healthcare API Market Outlook, By Remote Patient Monitoring (2018-2027) ($MN)
27 North America Healthcare API Market Outlook, By Payment (2018-2027) ($MN)  
28 North America Healthcare API Market Outlook, By Medical Device (Wearable) (2018-2027) ($MN)
29 North America Healthcare API Market Outlook, By Electronic Health Record Access (2018-2027) ($MN)
30 North America Healthcare API Market Outlook, By Appointments (2018-2027) ($MN) 
31 Europe Healthcare API Market Outlook, By Country (2018-2027) ($MN)   
32 Europe Healthcare API Market Outlook, By End User (2018-2027) ($MN)   
33 Europe Healthcare API Market Outlook, By Vendors (2018-2027) ($MN)   
34 Europe Healthcare API Market Outlook, By Healthcare Payers (2018-2027) ($MN)  
35 Europe Healthcare API Market Outlook, By Patients (2018-2027) ($MN)   
36 Europe Healthcare API Market Outlook, By Healthcare Providers (2018-2027) ($MN) 
37 Europe Healthcare API Market Outlook, By Deployment Model (2018-2027) ($MN)  
38 Europe Healthcare API Market Outlook, By Cloud-based (2018-2027) ($MN)  
39 Europe Healthcare API Market Outlook, By On-premise (2018-2027) ($MN)  
40 Europe Healthcare API Market Outlook, By Service (2018-2027) ($MN)   
41 Europe Healthcare API Market Outlook, By Remote Patient Monitoring (2018-2027) ($MN) 
42 Europe Healthcare API Market Outlook, By Payment (2018-2027) ($MN)   
43 Europe Healthcare API Market Outlook, By Medical Device (Wearable) (2018-2027) ($MN) 
44 Europe Healthcare API Market Outlook, By Electronic Health Record Access (2018-2027) ($MN)
45 Europe Healthcare API Market Outlook, By Appointments (2018-2027) ($MN)  
46 Asia Pacific Healthcare API Market Outlook, By Country (2018-2027) ($MN)  
47 Asia Pacific Healthcare API Market Outlook, By End User (2018-2027) ($MN)  
48 Asia Pacific Healthcare API Market Outlook, By Vendors (2018-2027) ($MN)  
49 Asia Pacific Healthcare API Market Outlook, By Healthcare Payers (2018-2027) ($MN) 
50 Asia Pacific Healthcare API Market Outlook, By Patients (2018-2027) ($MN)  
51 Asia Pacific Healthcare API Market Outlook, By Healthcare Providers (2018-2027) ($MN) 
52 Asia Pacific Healthcare API Market Outlook, By Deployment Model (2018-2027) ($MN) 
53 Asia Pacific Healthcare API Market Outlook, By Cloud-based (2018-2027) ($MN)  
54 Asia Pacific Healthcare API Market Outlook, By On-premise (2018-2027) ($MN)  
55 Asia Pacific Healthcare API Market Outlook, By Service (2018-2027) ($MN)  
56 Asia Pacific Healthcare API Market Outlook, By Remote Patient Monitoring (2018-2027) ($MN)
57 Asia Pacific Healthcare API Market Outlook, By Payment (2018-2027) ($MN)  
58 Asia Pacific Healthcare API Market Outlook, By Medical Device (Wearable) (2018-2027) ($MN) 
59 Asia Pacific Healthcare API Market Outlook, By Electronic Health Record Access (2018-2027) ($MN)
60 Asia Pacific Healthcare API Market Outlook, By Appointments (2018-2027) ($MN)  
61 South America Healthcare API Market Outlook, By Country (2018-2027) ($MN)  
62 South America Healthcare API Market Outlook, By End User (2018-2027) ($MN)  
63 South America Healthcare API Market Outlook, By Vendors (2018-2027) ($MN)  
64 South America Healthcare API Market Outlook, By Healthcare Payers (2018-2027) ($MN) 
65 South America Healthcare API Market Outlook, By Patients (2018-2027) ($MN)  
66 South America Healthcare API Market Outlook, By Healthcare Providers (2018-2027) ($MN) 
67 South America Healthcare API Market Outlook, By Deployment Model (2018-2027) ($MN) 
68 South America Healthcare API Market Outlook, By Cloud-based (2018-2027) ($MN)  
69 South America Healthcare API Market Outlook, By On-premise (2018-2027) ($MN)  
70 South America Healthcare API Market Outlook, By Service (2018-2027) ($MN)  
71 South America Healthcare API Market Outlook, By Remote Patient Monitoring (2018-2027) ($MN)
72 South America Healthcare API Market Outlook, By Payment (2018-2027) ($MN)  
73 South America Healthcare API Market Outlook, By Medical Device (Wearable) (2018-2027) ($MN)
74 South America Healthcare API Market Outlook, By Electronic Health Record Access (2018-2027) ($MN)
75 South America Healthcare API Market Outlook, By Appointments (2018-2027) ($MN) 
76 Middle East & Africa Healthcare API Market Outlook, By Country (2018-2027) ($MN) 
77 Middle East & Africa Healthcare API Market Outlook, By End User (2018-2027) ($MN) 
78 Middle East & Africa Healthcare API Market Outlook, By Vendors (2018-2027) ($MN) 
79 Middle East & Africa Healthcare API Market Outlook, By Healthcare Payers (2018-2027) ($MN) 
80 Middle East & Africa Healthcare API Market Outlook, By Patients (2018-2027) ($MN) 
81 Middle East & Africa Healthcare API Market Outlook, By Healthcare Providers (2018-2027) ($MN)
82 Middle East & Africa Healthcare API Market Outlook, By Deployment Model (2018-2027) ($MN)
83 Middle East & Africa Healthcare API Market Outlook, By Cloud-based (2018-2027) ($MN) 
84 Middle East & Africa Healthcare API Market Outlook, By On-premise (2018-2027) ($MN) 
85 Middle East & Africa Healthcare API Market Outlook, By Service (2018-2027) ($MN)  
86 Middle East & Africa Healthcare API Market Outlook, By Remote Patient Monitoring (2018-2027) ($MN)
87 Middle East & Africa Healthcare API Market Outlook, By Payment (2018-2027) ($MN) 
88 Middle East & Africa Healthcare API Market Outlook, By Medical Device (Wearable) (2018-2027) ($MN)
89 Middle East & Africa Healthcare API Market Outlook, By Electronic Health Record Access (2018-2027) ($MN)
90 Middle East & Africa Healthcare API Market Outlook, By Appointments (2018-2027) ($MN) 

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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