Healthcare Middleware Market Development And Business Intelligence

Seeking Alpha Analyst Since 2014
#Healthcare Consultant focusing on #TeleHealth #TeleMedicine #PatientPortals #CVIS #HCIT #MedicalRobots #Vaccines #MedicalDevices #WirelessHealth #Biotechnology
Summary
- Major factors influencing the growth of the market.
- Leading players & Top Segments.
- Geographic Overview.
Market growth influenced due to following factors-
- Increasing utilization of smart devices.
- Availability of big data in healthcare.
- Increasing need for data interoperability.
- Growing investments to overcome healthcare interoperability issues.
Global market size-
According to research report Healthcare Middleware Market is expected to reach $3.07 Billion by 2023, at a CAGR of 10.0%.
Leading Players-
The healthcare middleware market is highly fragmented with the presence of several large as well as emerging players. Prominent players in the healthcare middleware market include Corepoint Health (US), Cerner Corporation (US), Epic Systems Corporation (US), Fujitsu (Japan), IBM Corporation (US), InterSystems Corporation (US), Oracle Corporation (US), Microsoft Corporation (US), Orion Health (New Zealand), Red Hat (US), Software AG (Germany), TIBCO Software (US), Ascom (Switzerland), Informatica (US), and Zoeticx, Inc. (US).
Top Market Segments-
Based on application, the healthcare middleware market is segmented into clinical, financial, and operational and administrative applications. The clinical applications segment is expected to account for the largest share of the healthcare middleware market and is projected to register the highest CAGR during the forecast period.
On the basis of type, the market for middleware in healthcare is segmented into communication middleware, platform middleware, integration middleware, and other middleware. The platform middleware segment is expected to command the largest share of the healthcare middleware market in 2018.
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Geographic Overview -
In 2018, North America is expected to command the largest share of the market, followed by Europe, Asia, and the Rest of the World. The large share of North America is attributed to factors such as the implementation of federal health mandates to encourage the adoption of HCIT solutions, rising pressure to curb healthcare costs, increasing investment to improve data interoperability, and the growing adoption of smart devices.
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