Insights on the Healthcare API Global Market to 2025 - by Services, Deployment Mode, End-users and Geography
April 14, 2021 08:43 ET
| Source:
Research and Markets
Research and Markets
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The Global Healthcare API Market is estimated to be USD 259 Mn in 2020 and is expected to reach USD 365.1 Mn by 2025, growing at a CAGR of 7.1%.
Market Dynamics
Major factors that drive the market growth of the global Healthcare API Market are Increasing adoption and Investment in Healthcare Sector, increasing technological advancements and rapid adoption of Application Programming Interfaces (API) integrated Electronic Health Records (EHRs) that provide easy accessibility of healthcare data. Technological advancements help in improving patient outcomes and an increased patient satisfaction, and development in the care quality are also propelling the market growth. Furthermore, demand for healthcare integration along with integration of new workflows between the providers and the payers, healthcare apps which can access data from EHRs, wearables, and their services, and seamless transition of care are also some of the major factors that boost the increasing adoption of healthcare API.