Global Microservices in Healthcare Market

Microservices in Healthcare Market Size, Share, Growth Analysis, By Component(Services And Platforms), By Delivery Model(Cloud-Based Models And On-Premise Models), By End User(Healthcare Payers, Research Organizations) - Industry Forecast 2024-2031

Report ID: SQMIG35D2237 | Region: Global | Published Date: March, 2024
Pages: 202 | Tables: 87 | Figures: 70

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Microservices in Healthcare Market size was valued at USD 275 million in 2022 and is poised to grow from USD 336.05 million in 2023 to USD 1670.42 million by 2031, growing at a CAGR of 22.2% in the forecast period (2024-2031).

Microservices in healthcare providers can target developing economies where governments are investing in the development of healthcare infrastructure to bolster their market growth. Companies can also focus on the integration of advanced technologies such as IoT and artificial intelligence to enhance the efficiency of their products. Microservices in healthcare market players should also opt for strategies such as collaborations, mergers, acquisitions, and partnerships to maximize their business potential on a scale. 'Amazon Web Services Inc.', 'Microsoft', 'Salesforce', 'IBM', 'Syntel', 'OpenLegacy', 'Invision', 'Contino', 'Gurock', 'GitHub Inc.', 'CA Technologies', 'NGINX Inc.', 'Marlabs Inc.', 'Broadcom'

Use of microservices allows healthcare establishments to better integrate digital technologies and services. Healthcare companies can easily integrate with third-party applications and services whilst improving the overall interoperability scope as well.

Adoption of Containerization Technologies: Healthcare establishments have increased the adoption of containerization technologies and platforms, which in turn is slated to open a plethora of new opportunities for microservices in healthcare companies. Highly efficient delivery and deployment of microservices through containerization could help market players expand their revenue generation going forward.

The presence of a developed healthcare infrastructure allows North America to hold a dominant share of the microservices in healthcare marketplace through 2031. The increasing willingness of people to spend more on healthcare and the rapid adoption of advanced healthcare technologies are also estimated to contribute to the dominance of North America. Efforts of governments in this region to develop and deploy electronic health records are also estimated to favor the demand for microservices in healthcare across the forecast period and beyond. The United States and Canada are slated to be the key markets in this region.

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