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Healthcare API Market: Global Market Size, Dynamics, Regional Share, Trends, Competitor Analysis 2013 to 2017 and Forecast 2018 to 2024

Global Healthcare API Market

 

By Service (Medical Device, Payment, Remote Patient Monitoring, Appointments, and Electronic Health Record Access), By Deployment Model (Cloud-based, On-premise), By End User (Vendors, Patients, Healthcare Providers), and Geography – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024

 

Global healthcare API market was valued at US$ XX Mn in 2017 and expected to grow at significant Compound Annual Growth Rate (CAGR) from 2018 to 2024

 

Market Outline: Healthcare API Market

Healthcare application programming interfaces (APIs) provide the means for one software to access the service of another. The rising number of the healthcare providers in the healthcare industry is finding the uses for the web in order to deliver the information to the patients. Application programming interfaces (APIs) allow working more intelligently with partner providers, patient support service, government agencies, and insurance companies.

 

Technological advancements are the key factors attributing the growth of the healthcare API market. The growing demand from healthcare sector and adoption of the API-integrated electronic health records (EHRs) is adding fuel for the growth of the healthcare API market. The ease of the data accessibility with the use of application programming interfaces (APIs) is boosting the growth of the market. However, the lack of access to effective tools for designing, testing, and monitoring the information is limiting the growth of the healthcare API market.

 

Market Scope: Healthcare API Market

The market is segmented based on the service, deployment model and end user

Based on the service, the market is segmented into the following:

  • Medical device
    • Wearable
  • Payment
  • Remote Patient Monitoring
  • Appointments
  • Electronic Health Record Access

Based on the deployment model, the market is segmented into the following:

  • Cloud-based
  • On-premise

Based on the end user, the market is segmented into the following:

  • Vendors
  • Patients
  • Healthcare providers

 

Regional Analysis:  Healthcare API Market

Geographically, global market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America healthcare API market is the dominant market owing to its well-built healthcare infrastructure. The high demand for the improvement in the healthcare service is driving the growth of the healthcare API market in the region. Europe healthcare API market falls next to North America. The Asia Pacific healthcare API market is a huge market that is projected to grow at a fast pace owing to the growing economies. The growth of the healthcare API market is expected to be significant over the forecast period due to growing government initiatives towards the development of the healthcare sector.

 

Competition Assessment: Healthcare API Market

Some of the players in the global market include:

  • General Electric Company (U.S)
  • Greenway Health, LLC (U.S)
  • eClinicalWorks LLC (U.S)
  • Practice Fusion, Inc. (U.S)
  • Apple, Inc. (U.S)
  • MuleSoft, Inc. (U.S)
  • Practo Technologies Pvt. Ltd. (India)
  • Epic Systems Corporation (U.S)
  • Microsoft Corporation (U.S)
  • Allscripts Healthcare Solutions Inc. (U.S)

 

Notable Market Developments: Healthcare API Market

  • In January 2017, Oracle has acquired API development startup Apiary

 

Key Features of the Report:

  • The report covers exhaustive regional information, that includes North America (The USA and Canada), Europe (Germany, France, Italy, UK, Spain, Russia, Poland and Rest of Europe), Asia-Pacific (Japan, China, India, Australia & New Zealand, ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others), South Korea, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentina, Venezuela, and Rest of Latin America), and Middle East and Africa (Gulf Cooperation Council (GCC) Countries, Israel, South Africa, and Rest of Middle East and Africa)
  • The report provides granular level information about the market size, regional market share, historic market (2013-2017) and forecast (2018-2024)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework and reimbursement scenari0
  • General Electric Company (U.S)
  • Greenway Health, LLC (U.S)
  • eClinicalWorks LLC (U.S)
  • Practice Fusion, Inc. (U.S)
  • Apple, Inc. (U.S)
  • MuleSoft, Inc. (U.S)
  • Practo Technologies Pvt. Ltd. (India)
  • Epic Systems Corporation (U.S)
  • Microsoft Corporation (U.S)
  • Allscripts Healthcare Solutions Inc. (U.S)

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