Low-code is defined as a visual approach to software and application development that enables citizen developers with little to no traditional coding experience to build powerful solutions using drag-and-drop features, graphical user interfaces and visual modeling. As digital technology continues to advance, low-code technology is becoming increasingly essential for all modern, data-driven organizations across various industries.
Businesses can leverage low-code tools to build effective enterprise applications and workflows without having to spend large amounts of time undergoing complex, repetitive and time-consuming manual coding processes. Recent studies have shown that the global low-code development platform industry is forecasted to reach a market value of approximately $187 billion with a Compound Annual Growth Rate (CAGR) of 31.1% by the year 2030. Therefore, more and more companies are now choosing low-code development platforms to help refine existing business processes and improve operations as a whole.
In recent years, healthcare industries have been forced to evolve and upgrade their services more than ever before. However, this can be extremely difficult as business processes continue to become more complex and organizational resources become more scarce. Therefore, instead of relying on outdated systems that may not be compatible with emerging technology, healthcare organizations can leverage the power of low-code development to significantly improve their services. Incorporating low-code technology into developing health-tech applications and solutions can help make business processes more cost-effective, efficient and profitable.
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