Global Health Information Exchange Market
Global Health Information Exchange Market was valued at USD 1.3 billion in 2020 which is expected to reach 3.2 billion by 2030 at a CAGR 11.8% from 2020-2030.
Health information exchange (HIE) is the mobilization of healthcare information electronically, across organizations within a region, community/hospital system. The HIE comprises the digital storage of health-related information amidst the different bodies according to nationally recognized standards. HIE directs to ease the access & recovery of clinical data to provide safer, effective, efficient, patient -centered care.
Market Drivers
Growing demand for facilitated access to patient health information and effective management of vast amounts of patient-related data amongst the healthcare providers are expected boost the growth of the global health information exchange market in the near future. Furthermore, the health information exchange market is expected to grow swiftly as a consequence of the surge in demand for health information exchange systems, which is due to the growing need for collection, storage as well as secured exchange of large amounts of healthcare data.
Moreover, the increased focus of government organizations on promoting the use of healthcare information technology to improve the quality of healthcare is one of the prominent drivers of the global health information exchange market. The increase in need to curtail the costs associated with the maintenance of paper-based patient health records will positively influence the market growth throughout the forecast period.
Market Restraints
Need for significant investments in infrastructure development as well as high cost of deployment are major restraining factors which expected to hamper the growth of global health information exchange market over the forecast period.
Market Segmentation
The Global Health Information Exchange Market is segmented into exchange set up such as Private HIE, and Public HIE, by solution type such as Portal-Centric, Platform-Centric, and Messaging-Centric, by implementation model such as Centralized, Decentralized, and Hybrid. Further, market is segmented into application such as Web Portal Development, Internal Interfacing, Workflow Management, and Others.
Regional Analysis
Global Health Information Exchange Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The North America region held the largest market share of overall health information exchange market. Due to the high awareness pertaining to the hospital information exchange systems, the ongoing government initiatives and the presence of prominent players domiciled in this region. Also, the APAC region is anticipated to witness lucrative growth opportunities in the future, due to the rise in patient population, which necessitates improved information systems for effective data management & the increase in healthcare expenditure in the emerging economies, including China &India.
Key Players
Some key players of the market include Allscripts Healthcare Solutions Inc., Orion Health, Optum Inc., NextGen Healthcare Information Systems LLC, Medicity, Inc., Infor, Inc, Epic Corporation Inc., Conifer Health Solutions, Open Text Corporation, Cerner Corporation, etc.
Market Taxonomy
By Exchange Set Up
By Solution Type
By Implementation Model
By Application
By Region
Key Questions Addressed by the Report
Global Health Information Exchange Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Health Information Exchange Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Health Information Exchange Market, By Exchange Set Up
5.1 Y-o-Y Growth Comparison, By Exchange Set Up
5.2 Global Health Information Exchange Market Share Analysis, By Exchange Set Up
5.3 Global Health Information Exchange Market Size and Forecast, By Exchange Set Up
5.3.1 Private HIE
5.3.2 Public HIE
6 Global Health Information Exchange Market, By Solution Type
6.1 Y-o-Y Growth Comparison, By Solution Type
6.2 Global Health Information Exchange Market Share Analysis, By Solution Type
6.3 Global Health Information Exchange Market Size and Forecast, By Solution Type
6.3.1 Portal-Centric
6.3.2 Platform-Centric
6.3.3. Messaging-Centric
7 Global Health Information Exchange Market, By Implementation Model
7.1 Y-o-Y Growth Comparison, By Implementation Model
7.2 Global Health Information Exchange Market Share Analysis, By Implementation Model
7.3 Global Health Information Exchange Market Size and Forecast, By Implementation Model
7.3.1 Centralized
7.3.2 Decentralized
7.3.3 Hybrid
8 Global Health Information Exchange Market, By Application
8.1 Y-o-Y Growth Comparison, By Application
8.2 Global Health Information Exchange Market Share Analysis, By Application
8.3 Global Health Information Exchange Market Size and Forecast, By Application
8.3.1 Web Portal Development
8.3.2 Internal Interfacing
8.3.3 Workflow Management
8.3.4 Others
9 Global Health Information Exchange Market, By Region
9.1 Global Health Information Exchange Market Share Analysis, By Region
9.2 Global Health Information Exchange Market Share Analysis, By Region
9.3 Global Health Information Exchange Market Size and Forecast, By Region
10 North America Health Information Exchange Analysis and Forecast (2020 – 2030)
10.1 Introduction
10.2 North America Health Information Exchange Product Market Share Analysis, By Exchange Set Up
10.3 North America Health Information Exchange Product Market Size and Forecast, By Solution Type
10.4 North America Health Information Exchange Product Market Size and Forecast, By Implementation Model
10.5 North America Health Information Exchange Product Market Size and Forecast, By Application
10.6 North America Health Information Exchange Product Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11Europe Health Information Exchange Market Analysis and Forecast (2020 – 2030)
11.1 Introduction
11.2 Europe Health Information Exchange Product Market Share Analysis, By Exchange Set Up
11.3 Europe Health Information Exchange Product Market Size and Forecast, By Solution Type
11.4 Europe Health Information Exchange Product Market Size and Forecast, By Implementation Model
11.5 Europe Health Information Exchange Product Market Size and Forecast, By Application
11.6 Europe Health Information Exchange Product Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.64. Rest of Europe
12Asia Pacific Health Information Exchange Market Analysis and Forecast (2020 – 2030)
12.1 Introduction
12.2 Asia Pacific Health Information Exchange Product Market Share Analysis, By Exchange Set Up
12.3 Asia Pacific Health Information Exchange Product Market Size and Forecast, By Solution Type
12.4 Asia Pacific Health Information Exchange Product Market Size and Forecast, By Implementation Model
12.5 Asia Pacific Health Information Exchange Product Market Size and Forecast, By Application
12.6 Asia Pacific Health Information Exchange Product Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4. Rest of Asia Pacific
13Latin America Health Information Exchange Market Analysis and Forecast (2020 – 2030)
13.1 Introduction
13.2 Latin America Health Information Exchange Product Market Share Analysis, By Exchange Set Up
13.3 Latin America Health Information Exchange Product Market Size and Forecast, By Solution Type
13.4 Latin America Health Information Exchange Product Market Size and Forecast, By Implementation Model
13.5 Latin America Health Information Exchange Product Market Size and Forecast, By Application
13.6 Latin America Health Information Exchange Product Market Size and Forecast, By Country
14Middle East Health Information Exchange Market Analysis and Forecast (2020 – 2030)
14.1 Introduction
14.2 Middle East Health Information Exchange Product Market Share Analysis, By Exchange Set Up
14.3 Middle East Health Information Exchange Product Market Size and Forecast, By Solution Type
14.4 Middle East Health Information Exchange Product Market Size and Forecast, By Implementation Model
14.5 Middle East Health Information Exchange Product Market Size and Forecast, By Application
14.6 Middle East Health Information Exchange Product Market Size and Forecast, By Country
15Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16Company Profiles
16.1 Allscripts Healthcare Solutions Inc
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 TOMTOM
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Optum Inc
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 NextGen Healthcare Information Systems LLC
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Medicity, Inc
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Infor, Inc
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Epic Corporation Inc
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Conifer Health Solutions
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Open Text Corporation
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Cerner Corporation
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies
