Market Overview:
The global private health information exchange (HIE) market is expected to grow at a CAGR of 16.5% from 2018 to 2030. The market growth is attributed to the increasing demand for secure and efficient healthcare data exchange among healthcare providers and patients. Additionally, the growing need for interoperability among different healthcare organizations is also propelling the growth of the global private HIE market. The directed exchange segment is expected to hold the largest share of the global private HIE market in 2018. This can be attributed to its ability to provide secure and efficient data exchange between different healthcare providers.
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Product Definition:
A private health information exchange (HIE) is a secure, web-based system that allows healthcare providers to share patient information electronically. This can include medical records, test results, and other clinical information. HIEs are important because they allow providers to quickly and easily access patient information, which can help improve care coordination and patient outcomes.
Directed Exchange:
Directed Exchange is a legal requirement in the healthcare industry wherein two or more parties may exchange medical information without any third-party involvement. Directed exchangers are not involved in the transfer of information and its storage; they only facilitate the communication between two entities. The directed exchangers are either Health Care Organizations (HCOs) or individuals who act on behalf of HCOs.
Query-based Exchange:
Query-based exchange is a type of electronic data interchange where the healthcare providers enter their questions in an interactive format and receive responses from another organization. The information received in response to the entered query helps them perform a task more efficiently. For instance, if a hospital needs to obtain patient information, they can send out a single query that would bring back all the necessary information needed for that particular patient’s record.
Application Insights:
The workflow management segment dominated the global private health information exchange market in 2017. This can be attributed to a rising number of organizations that are moving towards paperless practices and an increasing need for streamlining processes within hospitals, clinics and other care settings. The secure messaging application is expected to witness lucrative growth over the forecast period owing to its ability to reduce communication time between providers and patients, while improving data security.
Internal interfacing is anticipated to grow at a steady rate over the forecast period as it helps in reducing human efforts required for data sharing across departments or institutions. Furthermore, it also enables users from different institutions or organizations access private patient information through their own internal interfaces thereby eliminating the need for multiple external interfaces with other systems. Other applications include development of web portals and electronic medical records (EMRs).
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of private hospitals, favorable government policies, and increasing demand for efficient healthcare information exchange systems from both consumers and providers. The region is expected to maintain its dominance throughout the forecast period owing to factors such as technological advancements in healthcare IT infrastructure development.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising investments by governments in developing health information infrastructure along with growing awareness among end-users regarding benefits offered by these systems such as improved efficiency, quality of care provided, reduction in medical errors & adverse events occurrence. Furthermore, increasing penetration rates for internet services are also contributing towards increased demand for PHTE solutions across this region.
Growth Factors:
- Increasing demand for coordinated and efficient healthcare delivery
- Government initiatives to promote information sharing among healthcare providers
- Rising number of patients with multiple chronic conditions
- Proliferation of mobile health technologies and apps
- Growing need for secure, real-time data exchange
Scope Of The Report
Report Attributes
Report Details
Report Title
Private Health Information Exchange (HIE) Market Research Report
By Type
Directed Exchange, Query-based Exchange, Consumer-mediated Exchange
By Application
Web Portal Development, Workflow Management, Secure Messaging, Internal Interfacing, Other Applications
By Companies
Epic Systems, Cerner Corporation, MEDITECH, Intersystems Corporation, Change Healthcare
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Private Health Information Exchange (HIE) Market Report Segments:
The global Private Health Information Exchange (HIE) market is segmented on the basis of:
Types
Directed Exchange, Query-based Exchange, Consumer-mediated Exchange
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
Web Portal Development, Workflow Management, Secure Messaging, Internal Interfacing, Other Applications
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:
- Epic Systems
- Cerner Corporation
- MEDITECH
- Intersystems Corporation
- Change Healthcare
 Market Overview.svg)
Highlights of The Private Health Information Exchange (HIE) 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:
- Directed Exchange
- Query-based Exchange
- Consumer-mediated Exchange
- By Application:
- Web Portal Development
- Workflow Management
- Secure Messaging
- Internal Interfacing
- Other Applications
- 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 Private Health Information Exchange (HIE) 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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- Correctly Positioning New Products
- Market Entry Strategies
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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?
Private Health Information Exchange (HIE) is a system that allows healthcare organisations to share patient data securely. It helps to improve the quality of care for patients by allowing doctors and nurses to share information about patients' health, so that they can make better decisions about treatment.
Some of the key players operating in the private health information exchange (hie) market are Epic Systems, Cerner Corporation, MEDITECH, Intersystems Corporation, Change Healthcare.
The private health information exchange (hie) market is expected to register a CAGR of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Private Health Information Exchange (HIE) 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 Private Health Information Exchange (HIE) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Private Health Information Exchange (HIE) 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 Private Health Information Exchange (HIE) 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 Private Health Information Exchange (HIE) Market Size & Forecast, 2018-2028
4.5.1 Private Health Information Exchange (HIE) Market Size and Y-o-Y Growth
4.5.2 Private Health Information Exchange (HIE) Market Absolute $ Opportunity
Chapter 5 Global Private Health Information Exchange (HIE) 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 Private Health Information Exchange (HIE) Market Size Forecast by Type
5.2.1 Directed Exchange
5.2.2 Query-based Exchange
5.2.3 Consumer-mediated Exchange
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Private Health Information Exchange (HIE) 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 Private Health Information Exchange (HIE) Market Size Forecast by Applications
6.2.1 Web Portal Development
6.2.2 Workflow Management
6.2.3 Secure Messaging
6.2.4 Internal Interfacing
6.2.5 Other Applications
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Private Health Information Exchange (HIE) 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 Private Health Information Exchange (HIE) 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 Private Health Information Exchange (HIE) Analysis and Forecast
9.1 Introduction
9.2 North America Private Health Information Exchange (HIE) 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 Private Health Information Exchange (HIE) Market Size Forecast by Type
9.6.1 Directed Exchange
9.6.2 Query-based Exchange
9.6.3 Consumer-mediated Exchange
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 Private Health Information Exchange (HIE) Market Size Forecast by Applications
9.10.1 Web Portal Development
9.10.2 Workflow Management
9.10.3 Secure Messaging
9.10.4 Internal Interfacing
9.10.5 Other Applications
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 Private Health Information Exchange (HIE) Analysis and Forecast
10.1 Introduction
10.2 Europe Private Health Information Exchange (HIE) 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 Private Health Information Exchange (HIE) Market Size Forecast by Type
10.6.1 Directed Exchange
10.6.2 Query-based Exchange
10.6.3 Consumer-mediated Exchange
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 Private Health Information Exchange (HIE) Market Size Forecast by Applications
10.10.1 Web Portal Development
10.10.2 Workflow Management
10.10.3 Secure Messaging
10.10.4 Internal Interfacing
10.10.5 Other Applications
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 Private Health Information Exchange (HIE) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Private Health Information Exchange (HIE) 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 Private Health Information Exchange (HIE) Market Size Forecast by Type
11.6.1 Directed Exchange
11.6.2 Query-based Exchange
11.6.3 Consumer-mediated Exchange
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 Private Health Information Exchange (HIE) Market Size Forecast by Applications
11.10.1 Web Portal Development
11.10.2 Workflow Management
11.10.3 Secure Messaging
11.10.4 Internal Interfacing
11.10.5 Other Applications
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 Private Health Information Exchange (HIE) Analysis and Forecast
12.1 Introduction
12.2 Latin America Private Health Information Exchange (HIE) 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 Private Health Information Exchange (HIE) Market Size Forecast by Type
12.6.1 Directed Exchange
12.6.2 Query-based Exchange
12.6.3 Consumer-mediated Exchange
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 Private Health Information Exchange (HIE) Market Size Forecast by Applications
12.10.1 Web Portal Development
12.10.2 Workflow Management
12.10.3 Secure Messaging
12.10.4 Internal Interfacing
12.10.5 Other Applications
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) Private Health Information Exchange (HIE) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Private Health Information Exchange (HIE) 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) Private Health Information Exchange (HIE) Market Size Forecast by Type
13.6.1 Directed Exchange
13.6.2 Query-based Exchange
13.6.3 Consumer-mediated Exchange
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) Private Health Information Exchange (HIE) Market Size Forecast by Applications
13.10.1 Web Portal Development
13.10.2 Workflow Management
13.10.3 Secure Messaging
13.10.4 Internal Interfacing
13.10.5 Other Applications
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 Private Health Information Exchange (HIE) Market: Competitive Dashboard
14.2 Global Private Health Information Exchange (HIE) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Epic Systems
14.3.2 Cerner Corporation
14.3.3 MEDITECH
14.3.4 Intersystems Corporation
14.3.5 Change Healthcare
