From GlobeNewswire: 2024-06-07 04:30:00

The global Healthcare API Market is expected to grow from USD 228.3 million in 2024 to USD 345.5 million by 2031, with a CAGR of 6.1%. The market is driven by the increasing adoption of digital healthcare solutions and the need for seamless integration of healthcare IT systems across facilities. Major players are investing in digital health solutions to improve operations and engage patients. The adoption of electronic health records is a key factor in driving the growth of the healthcare API market, with around 85% of office-based physicians in the U.S. using certified EHRs by 2018. API integration allows for easy data sharing between different healthcare applications and databases, improving workflow efficiency. The market is witnessing a shift towards API-based integration, creating opportunities for developers to innovate and expand value-added services. The rise of remote patient monitoring is driving the connectivity of devices to healthcare systems through APIs, improving patient outcomes and lowering costs. Wearable medical devices are growing in popularity, and healthcare APIs offer a way to integrate data from these devices into clinical workflows efficiently. Recent developments in the Healthcare API market include the launch of innovative platforms and solutions by key players like Oneview Healthcare and Metriport. The market is expected to witness a CAGR of 6.1% during the forecast period, with remote patient monitoring, cloud-based deployment, and healthcare providers as key segments. North America is anticipated to lead the market, with strategic collaborations and partnerships among key players driving growth.



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