Microservices in Healthcare Market Overview
The microservices in healthcare market is anticipated to reach USD 0.32 Billion by 2032 at 21% CAGR during the forecast period 2023-2032.Microservices are software services comprising self-contained components known as "microservices." They are deployable services that provide additional services and methods to application programming interfaces. They are supposed to be independent and loosely connected APIs. They're designed to provide smaller, more manageable code that can be reused across numerous applications. Microservices are becoming increasingly popular in healthcare due to their scalability, reliability, security, and performance.
The global market of microservices in healthcare is expanding rapidly thanks to the benefits of microservices, enhanced overall efficiency, and project delivery speed. Microservices provide speedier product delivery while also boosting service quality, propelling the market to new heights. Moving away from monolithic design has also become more affordable, fuelling the global market further. Moreover, the advent of a cloud-based deployment paradigm has opened up new options for important players. Product innovations, together with rising digital world demand and continuous development, have fueled market expansion enormously.
Microservices in Healthcare Market Segmentation
By Component
- Platform
- Services
- Consulting services
- Integration services
- Training, support and maintenance services
By Deployment Model
- On-premise
- Cloud-based
- Public cloud
- Private cloud
- Hybrid cloud
By End-User
- Healthcare payers
- Healthcare providers
- Clinical laboratories
- Life science organizations
Microservices in Healthcare Market Key Players
Some of the key players operating in the global microservices in healthcare market are:
- NGINX Inc. (the U.S.)
- Amazon Web Services, Inc., (the U.S.)
- Microsoft (the U.S.)
- Salesforce.com, Inc., (the U.S.)
- Pivotal Software, Inc. (the U.S.)
- CA Technologies (the U.S.)
- Infosys (India)
- IBM (the U.S.)
- Oracle Corporation (the U.S.)
- Syntel (the U.S.)
Report Overview:
MRFR’s report offers an in-depth study of the current status of the market, industry trends, and a detailed study of the micro and macro-economic elements likely to influence the market foresight. It includes a market assessment of the major components, viz. platform and services. A revenue analysis covering cloud-based and on-premises deployment models is also available in the report. The important end-users identified in the report encompasses healthcare payers, healthcare providers, clinical laboratories and life science organizations. The regional analysis of the market spans across North America, Europe, Asia Pacific, and the Rest of the World.
Report Coverage:
The report covers a detailed study of the market forecast, historical trends, key dynamics, and market factor analysis which includes Porter's five forces analysis and supply chain of the market. An in-depth analysis of the key players’ market share analysis is also included in the report along with the value of the market by region as well as segmentation and a country-level study of each market segment.
Research Methodology:
MRFR employs fail-safe and robust methodologies for delivering impactful market intelligence. Data is curated through extensive primary and secondary research from sources such as interviews with key level executives (MDs, CEOs, VPs, etc.), surveys, SEC filings, whitepaper references, etc. Top-down and bottom-up approaches are leveraged after mapping the curated data in market spaces for validating the accuracy of the statistical observations. A multi-layer verification process further reaffirms the reliability of the information available in our reports.
Microservices in Healthcare Market Recent Development
In order to digital healthcare in India, MyHealthcare recently introduced its MyHealthcare Enterprise Application (MHEA) for hospitals and healthcare institutions. The MHEA is the world's first single-screen hospital platform, featuring powerful AI-based Electronic Medical Records (EMRs) for outpatients, inpatients, and emergency room patients (ER). Through a task-based healthcare information management system, the MHEA ecosystem is built on a robust, highly flexible workflow engine that allows doctors and hospital teams to manage entire patient care and hospital operations (HIMS).
Elastic NV, the creators of Elasticsearch, recently announced new Elastic Observability capabilities and enhancements to serve current cloud-native settings, including better tail-based sampling for application performance monitoring (APM) and improved visibility across AWS cloud services. This tail-based sampling will help DevOps and site reliability engineering (SRE) teams reduce application performance blind spots in high-volume systems with millions of transactions by offering fine-grained control over trace sample circumstances.
Report Attribute/Metric |
Details |
Market Size |
USD 0.32 Billion |
CAGR |
21% |
Base Year |
2021 |
Forecast Period |
2023-2032 |
Historical Data |
2020 |
Forecast Units |
Value (USD Billion) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
By Component, Deployment Model and End-User |
Geographies Covered |
North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors |
NGINX Inc. (the U.S.), Amazon Web Services, Inc., (the U.S.), Microsoft (the U.S.), Salesforce.com, Inc., (the U.S.), Pivotal Software, Inc. (the U.S.), CA Technologies (the U.S.), Infosys (India), IBM (the U.S.), Oracle Corporation (the U.S.), and Syntel (the U.S.). |
Key Market Opportunities |
Advent of a cloud-based deployment paradigm has opened up new options for important players |
Key Market Drivers |
Rising digital world demand and continuous Technological development |
Frequently Asked Questions (FAQ) :
The sternal closure market size is expected to reach USD 0.32 billion by 2032
The CAGR would be 21% during the forecast period 2023-2032
NGINX Inc. (the U.S.), Amazon Web Services, Inc., (the U.S.), Microsoft (the U.S.), Salesforce.com, Inc., (the U.S.), Pivotal Software, Inc. (the U.S.), CA Technologies (the U.S.), Infosys (India), IBM (the U.S.), Oracle Corporation (the U.S.), and Syntel (the U.S.). are the companies using micorservices
advent of a cloud-based deployment paradigm has opened up new options and technological advancement in healthcare
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