Market Overview:
The global healthcare interoperability solutions market is expected to grow at a CAGR of 10.8% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for interoperability solutions across different applications, such as hospitals, medical centers, free-standing reference laboratories, and home health agencies. In addition, the growing need for standardization and harmonization of data across different geographies is also contributing to the growth of this market. However, lack of awareness about healthcare interoperability solutions among end users is restraining the growth of this market.
Product Definition:
Healthcare interoperability solutions provide a way for different computer systems to share data with each other. This is important because it allows healthcare providers to have a more complete view of a patient's medical history, which can help them make better decisions about their care.
EHR Interoperability:
The global EHR interoperability, usage and growth factor in Healthcare Interoperability Solutions market was valued at USD 2.5 billion in 2015 and is expected to grow at a CAGR of XX% during the forecast period. The rising demand for healthcare information technology solutions that would enable data sharing among various healthcare institutes is one of the key factors driving this industry's growth.
Health Information Exchange:
Health Information Exchange (HIE) is a computerized network that enables healthcare providers to share patient health information through electronic mediums such as Electronic Health Records (EHR), clinical decision support, and telehealth. The growing demand for quality care and cost-effective services has led to the rising adoption of HIE in the U.S., which is expected to drive market growth over the forecast period.
Application Insights:
Based on application, the market is segmented into hospitals, medical centers and free-standing reference laboratories, home health agencies and others. The hospitals segment dominated the overall industry in terms of revenue share in 2017. This can be attributed to factors such as increasing hospital admissions for chronic diseases that require ongoing monitoring and management. Furthermore, an increase in number of surgeries being performed has led to a rise in demand for interoperability solutions within hospitals.
The medical centers segment is expected to grow at a lucrative rate over the forecast period owing to factors such as an increase in number of diabetes patients due to which interoperability solutions are highly required within medical centers. Moreover, technological advancements have also paved way for easy implementation thereby driving growth further over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of players, increased adoption rate of EHRs and increasing demand for healthcare information among patients, physicians, and hospitals. The U.S., which is at the forefront of this regional market with more than 50% share has made substantial investments in developing its healthcare IT infrastructure over last decade resulting into generation-based competition among vendors to capture a larger share within the country’s health system.
Growth Factors:
- Increasing demand for better healthcare services and rising awareness about the benefits of interoperability are the key growth drivers for the global healthcare interoperability solutions market.
- The increasing use of information and communication technologies (ICT) in the healthcare sector is also propelling the growth of this market.
- The growing demand for cloud-based solutions is another major factor that is contributing to the expansion of this market.
- The increasing number of mergers and acquisitions in this market is also fuelling its growth significantly.
Scope Of The Report
Report Attributes
Report Details
Report Title
Healthcare Interoperability Solutions Market Research Report
By Type
EHR Interoperability, Health Information Exchange, Enterprise
By Application
Hospitals, Medical Centers, Free-standing Reference Laboratories, Home health Agencies
By Companies
Cerner, Infor, Allscripts Healthcare, Koninklijke Philips, InterSystems, Orion Health Group, Interfaceware, Quality Systems, OSP
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
152
Number of Tables & Figures
107
Customization Available
Yes, the report can be customized as per your need.
Global Healthcare Interoperability Solutions Market Report Segments:
The global Healthcare Interoperability Solutions market is segmented on the basis of:
Types
EHR Interoperability, Health Information Exchange, Enterprise
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Medical Centers, Free-standing Reference Laboratories, Home health Agencies
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cerner
- Infor
- Allscripts Healthcare
- Koninklijke Philips
- InterSystems
- Orion Health Group
- Interfaceware
- Quality Systems
- OSP
Highlights of The Healthcare Interoperability Solutions Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- EHR Interoperability
- Health Information Exchange
- Enterprise
- By Application:
- Hospitals
- Medical Centers
- Free-standing Reference Laboratories
- Home health Agencies
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Healthcare Interoperability Solutions Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Healthcare Interoperability Solutions (HIS) is a global consortium of healthcare information technology (IT) providers and vendors who are working together to develop standards for interoperability and shared data across multiple healthcare systems. HIS members include Dell, GE Healthcare, IBM, Microsoft, Oracle Corporation, Philips Healthcare and Siemens Healthineers.
Some of the key players operating in the healthcare interoperability solutions market are Cerner, Infor, Allscripts Healthcare, Koninklijke Philips, InterSystems, Orion Health Group, Interfaceware, Quality Systems, OSP.
The healthcare interoperability solutions market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Healthcare Interoperability Solutions Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Healthcare Interoperability Solutions Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Healthcare Interoperability Solutions Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Healthcare Interoperability Solutions Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Healthcare Interoperability Solutions Market Size & Forecast, 2018-2028
4.5.1 Healthcare Interoperability Solutions Market Size and Y-o-Y Growth
4.5.2 Healthcare Interoperability Solutions Market Absolute $ Opportunity
Chapter 5 Global Healthcare Interoperability Solutions Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Healthcare Interoperability Solutions Market Size Forecast by Type
5.2.1 EHR Interoperability
5.2.2 Health Information Exchange
5.2.3 Enterprise
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Healthcare Interoperability Solutions Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Healthcare Interoperability Solutions Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Medical Centers
6.2.3 Free-standing Reference Laboratories
6.2.4 Home health Agencies
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Healthcare Interoperability Solutions Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Healthcare Interoperability Solutions Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Healthcare Interoperability Solutions Analysis and Forecast
9.1 Introduction
9.2 North America Healthcare Interoperability Solutions Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Healthcare Interoperability Solutions Market Size Forecast by Type
9.6.1 EHR Interoperability
9.6.2 Health Information Exchange
9.6.3 Enterprise
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Healthcare Interoperability Solutions Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Medical Centers
9.10.3 Free-standing Reference Laboratories
9.10.4 Home health Agencies
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Healthcare Interoperability Solutions Analysis and Forecast
10.1 Introduction
10.2 Europe Healthcare Interoperability Solutions Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Healthcare Interoperability Solutions Market Size Forecast by Type
10.6.1 EHR Interoperability
10.6.2 Health Information Exchange
10.6.3 Enterprise
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Healthcare Interoperability Solutions Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Medical Centers
10.10.3 Free-standing Reference Laboratories
10.10.4 Home health Agencies
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Healthcare Interoperability Solutions Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Healthcare Interoperability Solutions Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Healthcare Interoperability Solutions Market Size Forecast by Type
11.6.1 EHR Interoperability
11.6.2 Health Information Exchange
11.6.3 Enterprise
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Healthcare Interoperability Solutions Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Medical Centers
11.10.3 Free-standing Reference Laboratories
11.10.4 Home health Agencies
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Healthcare Interoperability Solutions Analysis and Forecast
12.1 Introduction
12.2 Latin America Healthcare Interoperability Solutions Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Healthcare Interoperability Solutions Market Size Forecast by Type
12.6.1 EHR Interoperability
12.6.2 Health Information Exchange
12.6.3 Enterprise
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Healthcare Interoperability Solutions Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Medical Centers
12.10.3 Free-standing Reference Laboratories
12.10.4 Home health Agencies
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Healthcare Interoperability Solutions Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Healthcare Interoperability Solutions Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Healthcare Interoperability Solutions Market Size Forecast by Type
13.6.1 EHR Interoperability
13.6.2 Health Information Exchange
13.6.3 Enterprise
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Healthcare Interoperability Solutions Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Medical Centers
13.10.3 Free-standing Reference Laboratories
13.10.4 Home health Agencies
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Healthcare Interoperability Solutions Market: Competitive Dashboard
14.2 Global Healthcare Interoperability Solutions Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cerner
14.3.2 Infor
14.3.3 Allscripts Healthcare
14.3.4 Koninklijke Philips
14.3.5 InterSystems
14.3.6 Orion Health Group
14.3.7 Interfaceware
14.3.8 Quality Systems
14.3.9 OSP
