How APIs are aiding the healthcare industry in the 21st century
Summary
For context, analysts at MarketsandMarkets expect the global API management market to grow at a compound annual growth rate (CAGR) of 32.9% to $5.1bn in 2023 from $1.2bn in 2018. Additionally, the proliferation of smart health trackers, which now total over 2.53 billion digital devices all over the world, makes collecting data easier. APIs are also at the heart of efforts by the US Centres for Medicare and Medicaid Services (CMS) to give patients ready access to their healthcare information. This healthcare provider has one of the world’s largest shared value wellness programmes, and the company partners with a number of third parties to deliver this global platform. This is all done via assessment questionnaires to understand behaviour, e.g., how much an individual exercises, drinks, and eats, as well as other health indicators such as blood pressure, whether they have diabetes, and so on.
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