Microservices in Healthcare Market Size, Share, Growth Analysis, By Component(Services And Platforms), By Delivery Model(Cloud-Based Models And On-Premise Models), By End User(Healthcare Payers, Research Organizations, Healthcare Providers, And Others), By Region - Industry Forecast 2024-2031

Global Microservices in Healthcare Market size was valued at USD 275 million in 2022 and is poised to grow from USD 336.05 million in 2023 to USD 1670.42 million by 2031, growing at a CAGR of 22.2% in the forecast period (2024-2031).

Microservices in healthcare allow the development and deployment of scalable and modular services and solutions. These microservices run individually and are highly effective in improving the interoperability of different healthcare solutions. Rapidly increasing adoption of digital services and solutions in different healthcare applications are slated to bolster the demand for microservices in healthcare over the coming years. Growing investments in healthcare infrastructure development and the rising burden on healthcare establishments could also promote the adoption of microservices in healthcare in the future. The emergence of IoT technologies is slated to create some highly lucrative opportunities for microservices in healthcare companies across the forecast period and beyond.

However, data security and compliance issues are projected to be a major roadblock for microservices in healthcare market development across the forecast period and beyond. Developed economies such as Canada, UK, United States, and Germany are forecasted to be highly remunerative spaces for microservices in healthcare providers going forward.