Health Information Exchange Market Forecasts to 2028 – Global Analysis By Type (Consumer-Mediated, Directed, and Query-Based), Setup Type, Deployment, Component, Solution, Application, End User and By Geography
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.
|
Report Coverage |
Details |
|
Published Year: |
2021 |
|
Estimated Market Size in 2020: |
USD 1.10 billion |
|
Estimated Period: |
2020 |
|
Compound Annual Growth Rate (CAGR) from 2020 to 2028: |
14.2% |
|
Predicted 2028 Value: |
USD 3.18 million |
|
Forecast Years: |
2021-2028 |
|
Tables, Graphs & Figures |
246 |
|
Chapters Covered: |
Type, Setup Type, Deployment, Component, Solution, Implementation Model, Application, End User and Region |
|
Core Drivers and Opportunities: |
|
|
Restraining Factors & Market Threats: |
|
Types Covered:
• Consumer-Mediated Exchange
• Directed Exchange
• Query-Based Exchange
Setup Types Covered:
• Private
• Public
Deployments Covered:
• Cloud
• On-Premise
Components Covered:
• Clinical Data Repository
• Enterprise Master Person Index (EMPI)
• Healthcare Provider Directory (HPD)
• Record Locator Service (RLS)
Solutions Covered:
• Messaging-Centric Solutions
• Platform-Centric Solutions
• Portal-Centric Solutions
Implementation Models Covered:
• Centralized/Consolidated Models
• Decentralized/Federated Models
• Hybrid Models
Applications Covered:
• Internal Interfacing
• Patient Safety
• Secure Messaging
• Web Portal Development
• Workflow Management
• Other Applications
End Users Covered:
• Healthcare Payers
• Healthcare Providers
• Medical Professional
• Medical Research Institution
• Patient
• Pharmacies
• Public Health Agencies
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Health Information Exchange Market is majorly driven by increasing focus on patient centric care delivery, rising need to restrict healthcare expenditure and favourable government initiatives regarding healthcare.
The private segment is growing at a highest CAGR as private health information exchange have become a feasible alternative to public models.
North America dominated with a significant market share due to the factors such as well established healthcare infrastructure, growing adoption of healthcare information systems and the increasing number of the organized healthcare system across the region.
Asia Pacific market is growing at a highest CAGR owing 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.
Key players in 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.
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Health Information Exchange Market, By Type
5.1 Introduction
5.2 Consumer-Mediated Exchange
5.3 Directed Exchange
5.4 Query-Based Exchange
6 Global Health Information Exchange Market, By Setup Type
6.1 Introduction
6.2 Private
6.3 Public
7 Global Health Information Exchange Market, By Deployment
7.1 Introduction
7.2 Cloud
7.3 On-Premise
8 Global Health Information Exchange Market, By Component
8.1 Introduction
8.2 Clinical Data Repository
8.3 Enterprise Master Person Index (EMPI)
8.4 Healthcare Provider Directory (HPD)
8.5 Record Locator Service (RLS)
9 Global Health Information Exchange Market, By Solution
9.1 Introduction
9.2 Messaging-Centric Solutions
9.3 Platform-Centric Solutions
9.4 Portal-Centric Solutions
10 Global Health Information Exchange Market, By Implementation Model
10.1 Introduction
10.2 Centralized/Consolidated Models
10.3 Decentralized/Federated Models
10.4 Hybrid Models
11 Global Health Information Exchange Market, By Application
11.1 Introduction
11.2 Internal Interfacing
11.3 Patient Safety
11.4 Secure Messaging
11.5 Web Portal Development
11.6 Workflow Management
11.7 Other Applications
11.7.1 Personal Health Records
11.7.2 Chronic Disease Management
12 Global Health Information Exchange Market, By End User
12.1 Introduction
12.2 Healthcare Payers
12.3 Healthcare Providers
12.4 Medical Professional
12.5 Medical Research Institution
12.6 Patient
12.7 Pharmacies
12.8 Public Health Agencies
13 Global Health Information Exchange Market, By Geography
13.1 Introduction
13.2 North America
13.2.1 US
13.2.2 Canada
13.2.3 Mexico
13.3 Europe
13.3.1 Germany
13.3.2 UK
13.3.3 Italy
13.3.4 France
13.3.5 Spain
13.3.6 Rest of Europe
13.4 Asia Pacific
13.4.1 Japan
13.4.2 China
13.4.3 India
13.4.4 Australia
13.4.5 New Zealand
13.4.6 South Korea
13.4.7 Rest of Asia Pacific
13.5 South America
13.5.1 Argentina
13.5.2 Brazil
13.5.3 Chile
13.5.4 Rest of South America
13.6 Middle East & Africa
13.6.1 Saudi Arabia
13.6.2 UAE
13.6.3 Qatar
13.6.4 South Africa
13.6.5 Rest of Middle East & Africa
14 Key Developments
14.1 Agreements, Partnerships, Collaborations and Joint Ventures
14.2 Acquisitions & Mergers
14.3 New Product Launch
14.4 Expansions
14.5 Other Key Strategies
15 Company Profiling
15.1 Allscripts Healthcare, LLC
15.2 Arcadia Solutions, LLC
15.3 CareEvolution, Inc.
15.4 Cerner Corporation
15.5 eClinicalWorks
15.6 Epic Systems Corporation.
15.7 IBM Corporation
15.8 Infor
15.9 InterSystems Corporation
15.10 McKesson Corporation
15.11 NXGN Management, LLC
15.12 Open Text Corporation
15.13 Optum, Inc
15.14 Oracle
15.15 Orion Health group of companies
List of Tables
1 Global Health Information Exchange Market Outlook, By Region (2019-2028) (US $MN)
2 Global Health Information Exchange Market Outlook, By Type (2019-2028) (US $MN)
3 Global Health Information Exchange Market Outlook, By Consumer-Mediated Exchange (2019-2028) (US $MN)
4 Global Health Information Exchange Market Outlook, By Directed Exchange (2019-2028) (US $MN)
5 Global Health Information Exchange Market Outlook, By Query-Based Exchange (2019-2028) (US $MN)
6 Global Health Information Exchange Market Outlook, By Setup Type (2019-2028) (US $MN)
7 Global Health Information Exchange Market Outlook, By Private (2019-2028) (US $MN)
8 Global Health Information Exchange Market Outlook, By Public (2019-2028) (US $MN)
9 Global Health Information Exchange Market Outlook, By Deployment (2019-2028) (US $MN)
10 Global Health Information Exchange Market Outlook, By Cloud (2019-2028) (US $MN)
11 Global Health Information Exchange Market Outlook, By On-Premise (2019-2028) (US $MN)
12 Global Health Information Exchange Market Outlook, By Component (2019-2028) (US $MN)
13 Global Health Information Exchange Market Outlook, By Clinical Data Repository (2019-2028) (US $MN)
14 Global Health Information Exchange Market Outlook, By Enterprise Master Person Index (EMPI) (2019-2028) (US $MN)
15 Global Health Information Exchange Market Outlook, By Healthcare Provider Directory (HPD) (2019-2028) (US $MN)
16 Global Health Information Exchange Market Outlook, By Record Locator Service (RLS) (2019-2028) (US $MN)
17 Global Health Information Exchange Market Outlook, By Solution (2019-2028) (US $MN)
18 Global Health Information Exchange Market Outlook, By Messaging-Centric Solutions (2019-2028) (US $MN)
19 Global Health Information Exchange Market Outlook, By Platform-Centric Solutions (2019-2028) (US $MN)
20 Global Health Information Exchange Market Outlook, By Portal-Centric Solutions (2019-2028) (US $MN)
21 Global Health Information Exchange Market Outlook, By Implementation Model (2019-2028) (US $MN)
22 Global Health Information Exchange Market Outlook, By Centralized/Consolidated Models (2019-2028) (US $MN)
23 Global Health Information Exchange Market Outlook, By Decentralized/Federated Models (2019-2028) (US $MN)
24 Global Health Information Exchange Market Outlook, By Hybrid Models (2019-2028) (US $MN)
25 Global Health Information Exchange Market Outlook, By Application (2019-2028) (US $MN)
26 Global Health Information Exchange Market Outlook, By Internal Interfacing (2019-2028) (US $MN)
27 Global Health Information Exchange Market Outlook, By Patient Safety (2019-2028) (US $MN)
28 Global Health Information Exchange Market Outlook, By Secure Messaging (2019-2028) (US $MN)
29 Global Health Information Exchange Market Outlook, By Web Portal Development (2019-2028) (US $MN)
30 Global Health Information Exchange Market Outlook, By Workflow Management (2019-2028) (US $MN)
31 Global Health Information Exchange Market Outlook, By Other Applications (2019-2028) (US $MN)
32 Global Health Information Exchange Market Outlook, By Personal Health Records (2019-2028) (US $MN)
33 Global Health Information Exchange Market Outlook, By Chronic Disease Management (2019-2028) (US $MN)
34 Global Health Information Exchange Market Outlook, By End User (2019-2028) (US $MN)
35 Global Health Information Exchange Market Outlook, By Healthcare Payers (2019-2028) (US $MN)
36 Global Health Information Exchange Market Outlook, By Healthcare Providers (2019-2028) (US $MN)
37 Global Health Information Exchange Market Outlook, By Medical Professional (2019-2028) (US $MN)
38 Global Health Information Exchange Market Outlook, By Medical Research Institution (2019-2028) (US $MN)
39 Global Health Information Exchange Market Outlook, By Patient (2019-2028) (US $MN)
40 Global Health Information Exchange Market Outlook, By Pharmacies (2019-2028) (US $MN)
41 Global Health Information Exchange Market Outlook, By Public Health Agencies (2019-2028) (US $MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.