Market Research Report
Health Information Exchange - Global Market Outlook (2020 - 2028)
|Health Information Exchange - Global Market Outlook (2020 - 2028)|
Published: August 1, 2021
Stratistics Market Research Consulting
Content info: 150+ Pages
Delivery time: 2-3 business days
According to Stratistics MRC, the Global Health Information Exchange Market is accounted for $1.10 billion in 2020 and is expected to reach $3.18 billion by 2028 growing at a CAGR of 14.2% during the forecast period. Increasing focus on patient centric care delivery, rising need to restrict healthcare expenditure and favourable government initiatives regarding healthcare are driving the market growth. However, high costs of deployment are hampering the growth of the market.
The deployment of healthcare information through electronic means is defined as health information exchange. It is a vital aspect in keeping the communities connected and making sure the patient health records are available.
Based on the setup type, the private segment is going to have lucrative growth during the forecast period as private health information exchanges have become a feasible alternative to public models. The high level of physician engagement is also one of the factors contributing to the growth of private segment.
By geography, Asia Pacific is going to have high growth during the forecast period primarily due to the increase of chronic diseases in the region. Moreover, the government initiatives in most countries in the region to support healthcare interoperability and improving infrastructure is also one of the prominent factors contributing to the growth.
Some of the key players profiled in the Health Information Exchange Market include Allscripts Healthcare, LLC, Arcadia Solutions, LLC, CareEvolution, Inc., Cerner Corporation, eClinicalWorks, Epic Systems Corporation, IBM Corporation, Infor, InterSystems Corporation, McKesson Corporation, NXGN Management, LLC, Open Text Corporation, Optum, Inc, Oracle and Orion Health group of companies.
Setup Types Covered:
Implementation Models Covered:
End Users Covered:
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Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.