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Healthcare API Market will Exhibit a CAGR of 4.2% between 2016 and 2024

by Metcarl · January 17, 2019

Healthcare API Market: Snapshot

Patient-centric healthcare is an emerging value-based model for healthcare delivery fjallraven kanken italia , which has resulted in an improvement in care quality, better outcomes, and greater patient satisfaction. Growing focus on patient-centric healthcare delivery via application programming interfaces (APIs) has been noted over the recent past and the emergence of a host of services, such as wearable medical devices and remote patient monitoring has spurred the demand for healthcare API solutions.

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The gradual rise in the acceptance and adoption of healthcare API solutions by doctors Zaino Kanken Big 20L Brick Saldi , patients, and payers is expected to benefit the global market during the forecast period. The revenue generated by the global healthcare API market was pegged at US$162.4 mn in 2015 and expanding at a 4.2% CAGR, the market revenue is poised to reach US$234.2 mn by 2024.

Market Players Focus on Emerging Economies for Expansion

The global market for healthcare API is led by North America. The region has emerged as the key revenue generator thanks to the presence of several prominent players. With limited public IT infrastructure development across emerging economies, the large-scale adoption of healthcare IT solutions is still considered to be a long-term opportunity for countries in developing economies. As a result Zaino Kanken Big 20L Graphite Saldi , most players providing healthcare API solutions garner a significant portion of their revenue from the North America and Europe markets.

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However, an increasing number of players are now working toward expanding their footprint across several emerging economies in Asia Pacific and Latin America owing to the immense opportunities in store and the untapped potential countries such as Brazil, India, China Zaino Kanken Big 20L Ox Rosso Saldi , and Japan present.

Asia Pacific is projected to be the fastest-growing region in the healthcare API market, expanding at a 4.5% CAGR during the forecast period. The growing demand for API-based electronic health record services and wearable medical devices is anticipated to drive the healthcare API market in the region. The Latin America healthcare API market is likely to be fuelled by the rising demand for remote patient monitoring and appointment services.

Healthcare Providers Leading End Users of Healthcare API Solutions

The key end users of healthcare API solutions include healthcare payers, healthcare providers, patients Zaino Kanken Big 20L Nero Ox Rosso Saldi , and vendors. The healthcare providers segment is the leading end user and the segment is also projected to expand at the highest CAGR of 4.5% during the forecast period. To a large extent, this growth can be attributed to large hospitals and laboratories looking for automated solutions for the management of non-core activities such as patient appointment booking and order tracking.

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Given the ease and flexibility the healthcare application programming interface . Wholesale Youth NFL Jerseys Wholesale NFL Jerseys From China Wholesale Authentic Jerseys Wholesale Jerseys From China Wholesale Football Jerseys Cheap Mens NFL Jerseys Cheap Jerseys Free Shipping Cheap Youth Jerseys Wholesale Jerseys Wholesale Jerseys China