A microservice is an independently deployable service that offers new techniques in application programming interfaces (API). It helps in developing more agile applications/software systems for customers. In other words, microservice is an architecture that helps in developing advanced software systems, emphasizing on arranging single function modules with precise actions and interfaces. The microservice architecture permits the constant distribution and deployment of multifaceted applications, thus allowing healthcare organizations to enhance their productivity and business processes. Major capabilities offered by microservices to healthcare organizations include speed of delivery, accelerating innovation capabilities, and managing business operations efficiently.

The global healthcare microservices adoption is primarily driven by a rise in the requirement to enhance and support customer-oriented businesses as well as an increase in the requirement to increase project delivery speed. Furthermore, an increase in focus on enhancing the overall efficiency of healthcare organizations is a major factor that is anticipated to fuel demand for microservices in healthcare sector. In addition, rise in the adoption of cloud-based microservices among healthcare organizations is likely to boost the healthcare microservices adoption in the near future. Additionally, a rise in the need for flexibility in developing and implementing business applications among enterprises is fueling demand for microservices across the world.

However, a rise in concerns regarding security and regulatory compliance is expected to restrain the global healthcare microservices adoption. Furthermore, reluctance to shift from traditional monolithic architecture to complex microservices is another major factor that is restraining the growth of the healthcare microservices adoption.

Nevertheless, the emergence of IoT applications and increase in the implementation of microservice architecture among healthcare organizations are anticipated to create significant opportunities for the healthcare microservices adoption. Furthermore, an increase in investments by leading vendors with an aim to develop new applications and software as well as increase in awareness about the implementation of microservices is anticipated to create new opportunities for the growth of the healthcare microservices adoption.

The global healthcare microservices adoption can be segmented based on component, deployment, organization size, end-user, and region. Based on component, the healthcare microservices adoption can be classified into platforms and services. The services segment can be further classified into professional, managed, and outsourced services. In terms of deployment, the healthcare microservices platform can be segmented into cloud-based and on-premise. The cloud-based segment can be further divided into public cloud, private cloud, and hybrid cloud. Based on organization size, the healthcare microservices can be categorized into small & medium healthcare organizations and large healthcare organizations. In terms of end-user, global healthcare microservices adoption can be classified into healthcare providers, healthcare payers, life science organizations, and clinical laboratories.

In terms of region, the global healthcare microservices adoption can be segmented into North America, Middle East & Africa, South America, Europe, and Asia Pacific. The adoption in North America is estimated to expand at a high growth rate during the forecast period. This is primarily due to a rise in demand for microservices among healthcare organization to efficiently manage business processes. The healthcare microservices adoption in Asia Pacific is expected to expand significantly during the forecast period. This is primarily due to a rise in demand for enhancing service deployment and increase in emphasis on healthcare sector automation. Moreover, emerging countries such as China, Japan, and India are estimated to present attractive opportunities to the healthcare microservices adoption in the region.

Major players operating in the global healthcare microservices are Amazon Web Services Inc., CA Technologies, Capgemini SE, Cognizant Technology Solutions Ltd., IBM Corporation, Infosys Limited, Microsoft Corporation, MuleSoft, INC., NGINX Inc., Oracle Corporation, Pivotal Software, Inc., Salesforce.com., Software AG, Syntel, Inc., and Tata Consultancy Services Limited.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.