Healthcare Middleware Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The market is segmented by Type (Integration Middleware, Communication Middleware, Platform Middleware, Others), Mode (Cloud Based, On-Premise, Hybrid), Application (Clinical, Financial, and Operational & Administrative), End-User (Hospitals, Clinical Laboratories, and Others), and Geography (North America, Europe, Asia Pacific, Middle-East and Africa, South America). The report offers the value (in USD million) for the above segments.

Market Snapshot

CAGR
Study Period: 2019-2027
Base Year: 2021
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: 12 %

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Market Overview

The healthcare middleware market is expected to register a CAGR of nearly 12% during the forecast period (2022-2027). The Healthcare middleware market is growing at a rapid pace owing to the factors such as the use of advanced devices and big data in the management of the healthcare systems coupled with the developing healthcare infrastructure across the globe. In addition, rising healthcare investments by the government and the adaptation of applications and cloud-based services by healthcare providers for better health management for patients are augmenting the demand for middleware systems in healthcare.

The COVID-19 pandemic increased the demand and deployment rate of the healthcare software solutions and tools used by healthcare providers and other users to streamline the procedures, and resource allocation and get the impactful result from the available data for the research and development of diagnostics tests and treatment of COVID-19 along with the vaccine development. The importance of data analysis has increased tremendously over years and the pandemic has also led to a significant impact on the growth of the market. The studies have revealed that there has been increasing usage of big data in healthcare to fight against the Covid-19 pandemic. For instance, a Sage Journal article titled ‘Review of the role of big data and digital technologies in controlling COVID-19 in Asia: Public health interest vs. privacy’ published in March 2021 concluded that during COVID-19, Singapore, Taiwan, South Korea, and Hong Kong have demonstrated the enormous potential that digital technologies and big data have in facilitating and strengthening traditional public health measures to combat the spread of SARS-CoV-2. The implementation of big data for controlling the pandemic is also propelling the growth of the healthcare middleware market.

Population health brings together an understanding of population needs (public health) through Big Data, patient engagement, and health and care delivery. It is the aggregation of patient data across multiple health technology resources, into a single actionable record that provides a comprehensive clinical picture of patients to the healthcare providers. The health systems have huge data at their disposal and utilizing this data effectively can lead to the development of population health management strategies effectively.

Hence, owing to the rising significance of technology in healthcare, the market studied is believed to witness healthy growth over the forecast period.

Scope of the Report

Middleware is the software that is used to provide services to software applications which is generally not provided by the operating system. Healthcare middleware helps to manage or improve the functionality of several electronic devices used in healthcare. Furthermore, helps to access and manage real-time health data of the patients. The market is segmented by Type (Integration Middleware, Communication Middleware, Platform Middleware, Others), Mode (Cloud Based, On-Premise, Hybrid), Application (Clinical, Financial, Operational & Administrative), End-User (Hospitals, Clinical Laboratories, Others), and Geography (North America, Europe, Asia Pacific, Middle-East and Africa, South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions, globally. The report offers the value (in USD million) for the above segments.

By Type
Integration Middleware
Communication Middleware
Platform Middleware
Others
By Mode
Cloud Based
On-Premise
Hybrid
By Application
Clinical
Financial
Operational & Administrative
By End-User
Hospitals
Clinical Laboratories
Others
Geography
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle-East and Africa
GCC
South Africa
Rest of Middle-East and Africa
South America
Brazil
Argentina
Rest of South America

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Key Market Trends

Cloud Based Software is Believed to Witness Significant Growth Over the Forecast Period

Cloud-based solutions are comparatively newer approaches and are mostly used by organizations that lack the internal infrastructure to support them. The installation cost of this software is lower than the on-premise systems. Moreover, this software eradicates the need for in-house maintenance, which is likely to be the prime factor driving their increasing demand. The cloud-based delivery model makes the software extremely flexible regarding scalability (pay-as-you-go storage utilization). It simplifies and consolidates storage resources to reduce costs and enhance workflow by eliminating departmental silos of clinical information. Increasing adoption of these platforms by hospitals and other healthcare facilities is driving segment growth. Remote access to data, real-time data tracking, and a simpler complex physical ecosystem are notable benefits associated with cloud-based systems.

The factors such as recent product launches and other strategies such as mergers and acquisitions adopted by the key market players will boost the segment growth. For instance, in March 2022, Microsoft launched Azure Health Data Services. It is a platform-as-a-Service that allows organizations to upload, store, manage and analyze healthcare data in the open standards Fast Healthcare Interoperability Resources (FHIR)and Digital Imaging and Communications in Medicine (DICOM). Such launches are propelling the growth of the market. Additionally, the partnership among the market players is also augmenting the growth of the market segment. For Instance, in March 2022, Snowflake launched the Healthcare and Life Sciences Data Cloud. It will enable healthcare companies to have a single, integrated, and cross-cloud data platform that eliminates technical and institutional data silos. This will enable organizations to securely centralize, integrate, and exchange critical and sensitive data at scale. Snowflake ensures high levels of data security and governance, and its built-in capabilities and extended partner network allow companies to meet compliance requirements and satisfy industry regulations.

Thus, the above-mentioned factors are expected to contribute to the segment growth over the forecast period.

Health Expemditure

North America is Expected to have Significant Market Share in the Healthcare Middleware Market

North America is believed to witness a significant share in the healthcare middleware market whereas the United States is expected to dominate the region. The United States has a vast array of patient information. To easily analyze this data, pharmaceutical and biopharmaceutical companies have been accumulating years of research and development data into medical databases, while payers and providers have digitized their patient records over the last decade.

Recent advancements in technology and strategic collaborations among various companies are playing a key role in market growth. For instance, in February 2021, Fourteen leading healthcare providers partnered to form Truveta, a new company that will leverage healthcare analytics for enhanced care insights. The providers involved in the effort include AdventHealth, Advocate Aurora Health, Baptist Health of Northeast Florida, Bon Secours Mercy Health, CommonSpirit Health, Hawaii Pacific Health, Henry Ford Health System, Memorial Hermann Health System, Northwell Health, Novant Health, Providence health system, Sentara Healthcare, Tenet Health, and Trinity Health. The company’s platform by using the normalizing structured and unstructured data types from across those major health systems will help to drive approaches to diagnoses, geographies, and demographics.

Furthermore, the launch of new platforms is also boosting the growth of the market. For Instance, in April 2021, Mayo Clinic launched a new platform named the Remote Diagnostic and Management Platform (RDMP) for analyzing data from mHealth Devices used in remote patient monitoring and telehealth programs and applying AI tools for diagnosis and decision support.

Thus, owing to the abovementioned factors, the studied market in the United States is expected to show lucrative growth over the forecast period.

Geography

Competitive Landscape

Global healthcare middleware market is moderately consolidated and competitive. Market players are focusing on product innovations, new product launches and regional expansions to increase their market share. The key market players operating in the market include Informatica, Epic Systems Corporation, Microsoft Corporation, Fujitsu Ltd., and Orion Health group among others.

Recent Development

  • In March 2022, COPE Health Solutions and its Analytics for Risk Contracting (ARC) subsidiary have partnered with CareJourneyto provide one of the first health analytics platforms and solutions that integrate a health care organization's claims, electronic health records, lab, social determinants, and other data with CareJourney's suite of cost and utilization benchmarks derived on Medicare and Medicaid datasets.
  • In April 2021, 3M Health Information Systems announced the launch of a new technology platform that can assist healthcare providers and payers in the prioritization of patient care and resource allocation.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Increasing Demand for the Advanced Devices and Its Usage in Healthcare

      2. 4.2.2 Increasing Research and Development Investments and Favorable Regulatory Infrastructure

    3. 4.3 Market Restraints

      1. 4.3.1 Lack of Skilled Professionals

      2. 4.3.2 High Cost of Investment and Maintenance

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION (Market Size by Value - USD Million)

    1. 5.1 By Type

      1. 5.1.1 Integration Middleware

      2. 5.1.2 Communication Middleware

      3. 5.1.3 Platform Middleware

      4. 5.1.4 Others

    2. 5.2 By Mode

      1. 5.2.1 Cloud Based

      2. 5.2.2 On-Premise

      3. 5.2.3 Hybrid

    3. 5.3 By Application

      1. 5.3.1 Clinical

      2. 5.3.2 Financial

      3. 5.3.3 Operational & Administrative

    4. 5.4 By End-User

      1. 5.4.1 Hospitals

      2. 5.4.2 Clinical Laboratories

      3. 5.4.3 Others

    5. 5.5 Geography

      1. 5.5.1 North America

        1. 5.5.1.1 United States

        2. 5.5.1.2 Canada

        3. 5.5.1.3 Mexico

      2. 5.5.2 Europe

        1. 5.5.2.1 Germany

        2. 5.5.2.2 United Kingdom

        3. 5.5.2.3 France

        4. 5.5.2.4 Italy

        5. 5.5.2.5 Spain

        6. 5.5.2.6 Rest of Europe

      3. 5.5.3 Asia-Pacific

        1. 5.5.3.1 China

        2. 5.5.3.2 Japan

        3. 5.5.3.3 India

        4. 5.5.3.4 Australia

        5. 5.5.3.5 South Korea

        6. 5.5.3.6 Rest of Asia-Pacific

      4. 5.5.4 Middle-East and Africa

        1. 5.5.4.1 GCC

        2. 5.5.4.2 South Africa

        3. 5.5.4.3 Rest of Middle-East and Africa

      5. 5.5.5 South America

        1. 5.5.5.1 Brazil

        2. 5.5.5.2 Argentina

        3. 5.5.5.3 Rest of South America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Informatica

      2. 6.1.2 Epic Systems Corporation

      3. 6.1.3 Microsoft Corporation

      4. 6.1.4 Fujitsu Ltd.

      5. 6.1.5 Orion Health group

      6. 6.1.6 International Business Machines Corporation

      7. 6.1.7 Oracle Corporation

      8. 6.1.8 InterSystems Corporation

      9. 6.1.9 Abbott Laboratories (Alere)

      10. 6.1.10 Siemens AG

    2. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies, and Recent Developments

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Frequently Asked Questions

The Global Healthcare Middleware Market market is studied from 2019 - 2027.

The Global Healthcare Middleware Market is growing at a CAGR of 12% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2021.

Informatica, Epic Systems Corporation, Microsoft Corporation, Fujitsu Ltd., Orion Health group are the major companies operating in Global Healthcare Middleware Market.

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