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.
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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.
Types Covered in Health Information Exchange Market
• 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
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