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Microservices in Healthcare Market Will Grow at a 21.3% CAGR by 2023| CA Technologies, Microsoft, Salesforce, Pivotal Software, Inc., AWS

01-21-2022 03:20 PM CET | Health & Medicine

Press release from: ReportsnReports

Microservices in Healthcare Market report acts as a great source of notable data, present market trends, future events, market environment, technological innovation, imminent technologies, and the technical development in the related industry. The report proves to be very supportive for both established businesses and emerging market players in the industry as it contains profound market insights. This market research report also serves the businesses to make enhanced decisions, deal with the marketing of goods or services, and accomplish better profitability by prioritizing market goals. Global Microservices in Healthcare Market report also offers insights into revenue generation and sustainability initiatives.

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The persuasive Microservices in Healthcare Market report has been generated by strictly following commitments and deadlines to deliver the finest market report. The global market research report deals with a number of industry and market parameters including the latest trends, market segmentation, new market entry, industry forecasting, target market analysis, future directions, opportunity identification, strategic analysis, insights, and innovation. Being comprehensive in nature, this market research report gives better insights about different market segments on which businesses are highly dependent for thriving in the market. A credible Microservices in Healthcare Market report is one of the most significant, unique, and creditable market research reports which is formed by focusing on specific business prerequisites.

Microservices in Healthcare Market by Component (Platform, Services (Consulting, Integration, Training, Support, Maintenance)), Delivery (Cloud, Hybrid, Private, On-premise), End User (Health care Provider, Payer, Life Science) - Global Forecast to 2023

List of companies profiled in the "Microservices in Healthcare Market" report

AWS (US)
CA Technologies (US)
Microsoft (US)
Salesforce (US)
Pivotal Software, Inc. (US)
Infosys (India)
IBM (US)
NGINX Inc. (US)
Oracle (US)
Syntel (US).

The benefits of micro service architecture, such as their ability to increase overall efficiency and project delivery speed, are the primary factors driving the market growth. However, concerns regarding security and regulatory compliance and the complexity of architecture are expected to hinder the growth of this market during the forecast period.

“The services segment is expected to register a higher CAGR during the forecast period.”

Based on component, the micro services in healthcare market is segmented into platforms and services. The services segment is further segmented into consulting services, integration services, and training, support, and maintenance services. Considering the dynamic nature of this market segment, currently, several vendors are innovating and offering various services in an effort to expand their customer base across the globe. The services segment is expected to grow at a rapid pace with the increasing deployment of micro services across the healthcare industry, globally

“The cloud models segment is expected to register a higher CAGR during the forecast period.”

On the basis of delivery model, the micro services in healthcare market is segmented into on-premise model and cloud-based model. In 2018, the cloud-based models segment is expected to register a higher CAGR during the forecast period. Cloud-based micro services are sold on the basis of subscriptions ranging from one month to multiple years. They do not require any significant setup charges, owing to which a growing number of healthcare organizations, payers, providers, and laboratories are opting for cloud-based solutions. Maintenance and support service charges are also included in subscription fees, which make these delivery modes more affordable for customers. In addition, storage flexibility and ease of use are some of the other advantages associated with cloud-based healthcare micro services solutions.

“North America to witness high growth during the forecast period.”

The market in North America is expected to register the highest growth rate during the forecast period. The high growth rate of the micro services in healthcare market in North America is attributed to the growing focus on improving the overall efficiency of healthcare organizations and greater product and service availability in the region.

Breakdown of Primary Participants:

By Company Type: Tier 1 – 44%; Tier 2 -36%; Tier 3 - 20%.
By Designation: C-level- 22%; D-level- 28%; others--50%.
By Region: North America-48%; Europe-21%;Asia-26%; RoW-5%.

Research Coverage:

The report provides an overview of the micro services in healthcare market. It aims at estimating the market size and growth potential of this market across different segments such as deployment model, component, end user, and region.Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, recent developments, and key market strategies.

Key Benefits of Buying the Report:

The report will help the market leaders/new entrants in the micro services in healthcare market by providing them with the closest approximations of revenues for the overall market and its sub segments. This report will help stakeholders to understand the competitive landscape better and gain insights to position their businesses and help companies adopt suitable go-to-market strategies. The report will also help stakeholders understand the pulse of the market and provide them with information regarding key market drivers and opportunities.

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Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Market Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.2 Market Size Estimation
2.3 Market Breakdown and Data Triangulation
2.4 Assumptions for the Study

3 Executive Summary

4 Premium Insights
4.1 Microservices in Healthcare: Market Overview
4.2 Microservices in Healthcare Market, By Component, 2018 vs 2023 (USD Million)
4.3 Microservices in Healthcare Market, By Deployment Model, 2018 vs 2023 (USD Million)
4.4 Microservices in Healthcare Market for Cloud-Based Model, By Type
4.5 Geographic Analysis: Microservices in Healthcare Market, By End User (2018)
4.6 Geographical Snapshot of the Microservices in Healthcare Market

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Benefits of the Microservice Architecture
5.2.1.1.1 Ability to Need to Increase Project Delivery Speed
5.2.1.1.2 Ability to Support and Enhance Customer-Oriented Business
5.2.2 Restraints
5.2.2.1 Concerns Regarding Security and Regulatory Compliance
5.2.2.2 Complexity
5.2.3 Opportunities
5.2.3.1 Cloud-Based Applications
5.2.3.2 Emergence of IoT Applications
5.2.3.3 Microservice Architecture for Building Real-World Evidence Applications
5.2.4 Challenges
5.2.4.1 Organizational Challenges in Implementing Microservices
5.2.4.2 Reluctance to Shift From Traditional Monolithic Architecture to Complex Microservice Architecture

6 Microservices in Healthcare Market, By Component
6.1 Introduction
6.2 Platforms
6.3 Services
6.3.1 Consulting Services
6.3.2 Integration Services
6.3.3 Training, Support, and Maintenance Services

7 Microservices in Healthcare Market, By Deployment Model
7.1 Introduction
7.2 Cloud-Based Model
7.2.1 Cloud-Based Model, By Type
7.2.1.1 Public Cloud
7.2.1.2 Private Cloud
7.2.1.3 Hybrid Cloud
7.3 On-Premise Models

8 Microservices in Healthcare Market, By End User
8.1 Introduction
8.2 Healthcare Providers
8.3 Healthcare Payers
8.4 Life Science Organizations
8.5 Clinical Laboratories

9 Microservices in Healthcare Market, By Region
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.3 Europe
9.4 Asia Pacific
9.5 Rest of the World

10 Competitive Landscape
10.1 Overview
10.2 Competitive Scenario
10.2.1 Product/Service Launches and Enhancements
10.2.2 Partnerships, Agreements, and Collaborations
10.2.3 Acquisitions
10.2.4 Expansions

11 Company Profiles
(Introduction, Products & Services, Strategy, & Analyst Insights, Developments, MnM View)*
11.1 Amazon Web Services, Inc.
11.2 CA Technologies
11.3 Microsoft
11.4 Salesforce.Com, Inc.
11.5 Pivotal Software, Inc.
11.6 Infosys
11.7 IBM
11.8 Nginx, Inc.
11.9 Oracle Corporation
11.10 Syntel

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