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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
Global Clinical Decision Support Systems (CDSS) Markets, 2019-2020 & 2021-2030: Opportunities in the Integration of CDSS with Blockchain & Collaborations with Precision Medicine Providers prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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 Dublin, IRELAND
ResearchAndMarkets.com s offering.
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 healt
Global Healthcare in IT Market Size & Share Will Grow to USD 662 Billion by 2026: Facts & Factors benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
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The U.S. digital health market is predicted to reach US$191.64 billion in 2025, progressing at a CAGR of 28.40%, over the period 2021-2025.
The factors such as increasing geriatric population, growing usage of mobile devices, surging prevalence of arthritis, hike in healthcare expenditure, expanding urbanization and mounting penetration of internet users would drive the growth of the market.
However, the market growth would be challenged by high capital cost and installations, lack of interoperability and data breach and security concerns.
A few notable trends include upsurge in the number of healthcare apps, surging occurrence of chronic diseases, escalating penetration of electronic health record (EHR) systems and increasing importance of wearable devices.