(EMAILWIRE.COM, December 18, 2020 ) According to the new market research report “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” published by MarketsandMarkets™.

Revenue Growth Opportunities and Growth Drivers?

The Global Microservices in Healthcare Market is projected to reach USD 343.3 million, at a CAGR of 21.3%.

Growth Boosting Factors:

- Benefits of the Microservice Architecture
- Ability to Need to Increase Project Delivery Speed
- Ability to Support and Enhance Customer-Oriented Business
- Cloud-Based Applications
- Microservice Architecture for Building Real-World Evidence Applications
- Emergence of IoT Applications

The Objectives of this study are as follows:

- To define, describe, and forecast the global microservices in healthcare market by deployment model, component, end user, and region

- To provide detailed information about the major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)

- To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market

- To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players

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Leading Key Players in the Worldwide Industry:

The microservices in healthcare market is marked by the presence of several big and small players. Prominent players offering microservices in healthcare products include AWS (US), CA Technologies (US), Microsoft (US), Salesforce (US), Pivotal Software, Inc. (US), Infosys (India), IBM (US), NGINX Inc. (US), Oracle (US), and Syntel (US).

Geographical Regions Mapped in Report:

North America is estimated to command the largest share of the market. The large share of North America in the global microservices in healthcare market can be attributed to the growing focus on improving the overall efficiency of healthcare organizations and greater product and service availability in the region.

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Market Segmentation in Detailed:

Based on component, is segmented into platforms and services. The services segment is further segmented into consulting services, integration services, and training, support, and maintenance services. The platforms segment is expected to account for the larger share of the microservices in healthcare market in 2018. This is attributed to the increasing need for cloud microservice architecture for scaling functions at a very granular level for efficient system optimization and organization. Cloud platform microservice architecture also brings a new level of scalability to enterprise applications.

Based on end user, is segmented into healthcare payers, healthcare providers, life science organizations, and clinical laboratories. The healthcare providers segment is expected to account for the largest share of the overall market in 2018. Government initiatives that help providers gain incentives on the adoption of EHRs and the implementation of integration and connectivity solutions are driving the adoption of microservices architecture solutions among healthcare providers.