Report has been added to MarketsandMarkets offering Health Information Exchange (HIE) Market by Set Up Type (Public, Private),Implementation Model ( Federated, Hybrid), Type (Pull, Push), Application (Web Portal, Secure Messaging), Solution (Portal, Platform Centric), End User - Global Forecast to 2025
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The health information exchange market is projected to reach USD 2.0 billion by 2025 from USD 1.1 billion in 2020, at a CAGR of 12.2% during the forecast period. Growth in this market is driven by factors such as the growing focus on patient-centric care delivery, the growing need to curtail healthcare costs, government initiatives for enhancing patient care and safety, and government funding for healthcare interoperability.
The directed exchange segment to account for the largest share during the forecast period
Based on the type, the health information exchange market is segmented into directed(push HIE), query-based (pull-HIE), consumer-mediated exchange solutions. The directed (push HIE) exchange segment is expected to account for the largest share of the market
The web portal development application segment to account for the largest share during the forecast period
Based on application, the HIE market is categorized into internal interfacing, workflow management, secure messaging, web portal development, patient safety, and others (personal health records and chronic disease management). The web portal development application segment is expected to is expected to account for the largest share of the market
The healthcare provider segment to account for the largest share during the forecast period
Based on end users, the market is divided into healthcare providers, healthcare payers, and pharmacies .Healthcare providers segment is expected to account for the largest share of the global health information exchange market
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North America regional segment to account for the largest market share of the health information exchange market
North America is the largest regional market for health information exchange systems, followed by Europe. The largest share of the North American market can be attributed to the significant growth in hospital expenditure, government initiatives to improve patient care and patient safety, the high adoption of HCIT technologies, and the need to reduce healthcare costs.
Premium Insights
· health information exchange market is the growing need to reduce the costs of maintaining paper-based patient health records.
· The private HIE segment is expected to account for the largest share during the forecast period
· APAC market is estimated to grow at the highest CAGR during the forecast period
Market Dynamics
Drivers
· Government support for the adoption of EMR solutions
Opportunity
· Improving healthcare infrastructure in emerging markets
Challenges
· Data privacy concerns
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Health Information Exchange, by Product Type
7 Health Information Exchange, by Application
8 Health Information Exchange, by End-user
9 Health Information Exchange, by region
10 Competitive Landscape
11 Company Profiles
12 Appendix
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