Global Microservices in Healthcare Market: Overview
The demand within the global market for microservices in healthcare has been rising on account of the growing need for digitisation across the healthcare sector. The advent of IT technologies in the field of healthcare has played a crucial role in the growth of the global market for microservices in healthcare. The stellar need for improved services within the field of healthcare has played a vital role in market growth. The development of microservice architecture requires the conceptualisation of multiple services simultaneously. This is in contrast to the macroservices wherein a large umbrella body is responsible for effectuating different services. The healthcare microservices ecosystem is a multidisciplinary domain that encompasses several services. The need for flexible software systems in the healthcare industry has created a plethora of opportunities within the global microservices in healthcare market. Furthermore, the presence of a robust industry for development of independent healthcare modules has also aided market growth. It is expected that the global microservices in healthcare market would accumulate massive revenues in the years to follow.
The global microservices in healthcare market can be segmented on the basis of the following parameters: component, applications, end-user, and region. The various segments within the global microservices in healthcare market play a crucial role in ascertaining market growth.
A report added by Transparency Market Research (TMR) on the global microservices in healthcare market is a sound portrayal of the various sources of demand and supply. The report follows a logical pattern to elucidate the various trends operating in the global microservices in healthcare market. Furthermore, the needs of the market for microservices in healthcare have also been identified in the report. A geographical perspective on the global microservices in healthcare market has been enunciated within the report.
Global Microservices in Healthcare Market: Trends and Opportunities
Monolithic application software encompasses all software applications in a single-tier, and there is no specific focus on a single service. This reduces the efficiency of the healthcare industry and shifts the focus away from important functionalities. For this reason, the global demand for microservices in healthcare has been rising at a stellar pace in recent times. Moreover, microservices help in making swift and rapid changes to the overall architecture of the IT system. This factor has also led to the inflow of humongous revenues in the global microservices in healthcare market. There is a dire need to increase the agility of the healthcare sector which has in turn aided market growth.
Global Microservices in Healthcare Market: Market Potential
The global market for microservices in healthcare has become the central focus of the healthcare sector. This is because the latter is in dire need for improving their IT dynamics. It can be inferred from this assertion that the global microservices in healthcare market would continue to expand in the years to follow. Besides, the market for microservices in healthcare shall also benefit from the growth of the testing and deployment modules in healthcare.
Global Microservices in Healthcare Market: Regional Outlook
On the basis of geography, the global market for microservices in healthcare can be segmented into North America, Latin America, the Middle East and Africa, Europe, and Asia Pacific. The market for microservices in healthcare in Asia Pacific has been expanding alongside advancements in the field of healthcare IT.
Global Microservices in Healthcare Market: Competitive Landscape
Some of the key vendors in the global microservices in healthcare market are Microsoft (US), Salesforce (US), Infosys (India), Pivotal Software, Inc. (US), and IBM (US).
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.