Market Overview:
Microservices is a type of software architecture where an application is divided into small, autonomous services. These services can be deployed independently and communicate with each other using well-defined APIs. Microservices are popular in the cloud-based environment as they offer several benefits such as scalability, agility and resilience. The global microservices in healthcare market is expected to grow at a CAGR of 27.5% during the forecast period 2018-2030. The global microservices in healthcare market by type is segmented into on-premise and cloud-based microservices. The on-premise segment dominates the market with a share of more than 60%.
Product Definition:
Microservices are a type of service-oriented architecture (SOA) that uses smaller, more self-contained units of functionality. These services are loosely coupled and communicate with each other through APIs. This allows them to be independently deployed, managed, and scaled.
On-premise:
On-premise software is installed and run from the provider's own server. It's an approach of deploying software that has been used traditionally for decades. However, in recent times, due to increased demand for cloud computing and Software as a Service (SaaS), on-premise deployment has become less popular than its counterpart.
The growth factor of this market is declining revenues of traditional IT markets such as enterprise software.
Cloud-based:
Cloud-based solutions are used to deliver software, applications and services remotely. It helps in reducing the cost of technology infrastructure and provides flexibility to meet changing business needs. Cloud-based solutions offer benefits such as on-demand availability of computing resources, easy deployment & integration along with low operational manpower requirement which is expected to drive the market growth over the forecast period.
Application Insights:
The market is segmented based on applications into healthcare payers, healthcare providers, clinical laboratories, life science organizations and others. The clinical laboratories segment dominated the market in 2017 due to factors such as increasing demand for rapid testing of blood samples and rising government funding for the development of advanced diagnostic technologies.
Microservices helpclinical laboratoryto improve their software architectureand offer more flexibility to modify existing applicationsto meet changing requirements. Furthermore, they also enable labto reduce maintenance costsby moving away from monolithic design towards a modular one that is easier to scale-up or down depending upon requirement changes. These benefits are expected to drive its adoption over the forecast period across various regions within the Asia Pacific and Middle East & Africa regions.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period owing to increasing investments by governments and other organizations for developing healthcare IT infrastructure. Moreover, rising adoption of digital services is also one of the major factors driving regional growth.
Asia Pacific microservices healthcare market is anticipated to grow at a lucrative rate over the forecast period due to increasing government initiatives for improving healthcare facilities in emerging countries such as China and India. For instance, according to an article published by The Economist Intelligence Unit (EIU) in 2018, India has been ranked among top 10 health systems across the globe with a score of 89 out of 100 based on ten dimensions including access, quality & efficiency, patient engagement etc., which was evaluated through extensive interviews with patients and stakeholders across various sectors throughout Asia Pacific region from May 2016-April 2017 (India).
Growth Factors:
- Increased demand for personalized healthcare services
- Growing popularity of cloud-based microservices
- Proliferation of connected devices and sensors
- Emergence of big data and analytics
- Development of innovative healthcare applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Microservices in Healthcare Market Research Report
By Type
On-premise, Cloud-based
By Application
Healthcare Payers, Healthcare Providers, Clinical Laboratories, Life Science Organizations, Others
By Companies
IBM (US), Oracle (US), Amazon Web Services (US), Microsoft (US), Salesforce.com (US), Broadcom (US), Infosys (India), NGINX (US), Syntel (US), Pivotal Software (US)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Microservices in Healthcare Market Report Segments:
The global Microservices in Healthcare market is segmented on the basis of:
Types
On-premise, Cloud-based
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Healthcare Payers, Healthcare Providers, Clinical Laboratories, Life Science Organizations, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IBM (US)
- Oracle (US)
- Amazon Web Services (US)
- Microsoft (US)
- Salesforce.com (US)
- Broadcom (US)
- Infosys (India)
- NGINX (US)
- Syntel (US)
- Pivotal Software (US)
Highlights of The Microservices in Healthcare Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- On-premise
- Cloud-based
- By Application:
- Healthcare Payers
- Healthcare Providers
- Clinical Laboratories
- Life Science Organizations
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Microservices in Healthcare Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Microservices are a distributed application architecture that divides an application into small, self-contained services that can be deployed and managed as a collection. The benefits of microservices include improved agility, scalability, and reliability.
Some of the major players in the microservices in healthcare market are IBM (US), Oracle (US), Amazon Web Services (US), Microsoft (US), Salesforce.com (US), Broadcom (US), Infosys (India), NGINX (US), Syntel (US), Pivotal Software (US).
The microservices in healthcare market is expected to register a CAGR of 27.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Microservices in Healthcare Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Microservices in Healthcare Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Microservices in Healthcare Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Microservices in Healthcare Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Microservices in Healthcare Market Size & Forecast, 2020-2028
4.5.1 Microservices in Healthcare Market Size and Y-o-Y Growth
4.5.2 Microservices in Healthcare Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 On-premise
5.2.2 Cloud-based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Healthcare Payers
6.2.2 Healthcare Providers
6.2.3 Clinical Laboratories
6.2.4 Life Science Organizations
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Microservices in Healthcare Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Microservices in Healthcare Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 On-premise
9.6.2 Cloud-based
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Healthcare Payers
9.10.2 Healthcare Providers
9.10.3 Clinical Laboratories
9.10.4 Life Science Organizations
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 On-premise
10.6.2 Cloud-based
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Healthcare Payers
10.10.2 Healthcare Providers
10.10.3 Clinical Laboratories
10.10.4 Life Science Organizations
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 On-premise
11.6.2 Cloud-based
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Healthcare Payers
11.10.2 Healthcare Providers
11.10.3 Clinical Laboratories
11.10.4 Life Science Organizations
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 On-premise
12.6.2 Cloud-based
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Healthcare Payers
12.10.2 Healthcare Providers
12.10.3 Clinical Laboratories
12.10.4 Life Science Organizations
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 On-premise
13.6.2 Cloud-based
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Healthcare Payers
13.10.2 Healthcare Providers
13.10.3 Clinical Laboratories
13.10.4 Life Science Organizations
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Microservices in Healthcare Market: Competitive Dashboard
14.2 Global Microservices in Healthcare Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IBM (US)
14.3.2 Oracle (US)
14.3.3 Amazon Web Services (US)
14.3.4 Microsoft (US)
14.3.5 Salesforce.com (US)
14.3.6 Broadcom (US)
14.3.7 Infosys (India)
14.3.8 NGINX (US)
14.3.9 Syntel (US)
14.3.10 Pivotal Software (US)
