The global microservices in healthcare market are experiencing a major growth, and will grow considerably in next few years. Microservices are a method of developing software applications which are made up of independently deployable, modular services. Each microservice runs a unique process and communicates through a well-defined, lightweight mechanism, such as a container, to serve a business goal.
COVID-19 scenario analysis:
- The market demand for COVID-19 vaccine has increasing, due to increase in the everyday cases across the globe. Therefore, this has resulted in boosting the digital platform in healthcare for accelerating interoperable medical devices, ultra-personalized patient-specific solutions, digital twins of human systems for faster drug discovery, and clinical trials, and others. Thus leading to increase in the demand of microservices in healthcare technology that will be prominent theme during post-Covid world.
- Rise in key players for innovative launched towards covid-19 will boost the market during forecast period. For instance, Manorama Infosolutions launched Telemedicine & Teleconsultation to fight against COVID-19 pandemic. Further, drastic rise in cloud native approach to software development. The use of microservices, containers and DevOps is driving the adoption of hybrid cloud architectures, infusing AI in enterprises, and exploiting the full potential of 5G and edge computing during this crisis and in future.
Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
Rise in need of digitization across the healthcare sector. The initiation of IT technologies in the field of healthcare. However, a rise in concerns regarding security and regulatory compliance that is restraining growth of the global microservices in healthcare s market. On the contrary, the emergence of IoT applications, growing investments by leading vendors for developing new applications and software and rise in awareness about the implementation of microservices are anticipated to create significant opportunities for the healthcare microservices adoption are anticipated to propel the growth of microservices in healthcare market.
The global microservices in healthcare market trends are as follows:
New product launches and collaborations to flourish the market
The launches due to rise in demand of digital world and constant innovations has tremendously driven the market growth. For instance, in May 2020, Microsoft has launched ‘Healthcare In A Box”. The Suit aims to provide patient secure experience with improved operational efficiency. In addition, in 2018, DevCool launched next generation HiPaaS microservices-based healthcare platform that enables innovation for hospitals and insurance companies. HiPaaS microservices are self-contained APIs which will help hospitals and insurance companies to rapidly allow new business innovative, functions, and technologies around existing provider and payers systems.
Key benefits of the report:
- This study presents the analytical depiction of the global microservices in healthcare industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global microservices in healthcare market share.
- The current market is quantitatively analyzed to highlight the global microservices in healthcare market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides detailed global microservices in healthcare market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions answered in the Microservices in healthcare market research report:
- What are the leading market players active in the microservices in healthcare market?
- What the current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What are the projections for the future that would help in taking further strategic steps?
Microservices in Healthcare Market Report Highlights
| Aspects | Details |
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 Key Market Players | Amazon Web Services Inc., Salesforce.com, NGINX Inc., Syntel, Pivotal Software, Inc., Syntel, Inc., CA Technologies, Infosys., Microsoft, Oracle Corporation, IBM Corporation, Software AG |
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