Market Overview:
The global health information exchange market is expected to grow at a CAGR of 10.8% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for secure and efficient communication among healthcare providers, rising incidence of chronic diseases, and growing adoption of health information exchange (HIE) by healthcare organizations. The global health information exchange market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into public and private HIEs. The public HIEs segment is expected to account for a larger share in terms of revenue in 2018 as compared to private HIEs due to their large-scale implementation across various regions worldwide. However, with increasing awareness about benefits associated with private HIEs among healthcare providers, this segment is projected to witness higher growth during the forecast period. On the basis of application, the global health information exchange market is divided into web portal and secure messaging segments. The web portal application segment accounted for a larger share in terms of revenue in 2017 as compared to secure messaging due its widespread adoption by various healthcare organizations for exchanging patient data securely across different geographies.
Product Definition:
Health Information Exchange (HIE) is the electronic sharing of health information between organizations, such as hospitals and doctors' offices. This information can include patient records, lab results, and medication lists. HIE allows healthcare providers to share vital patient data quickly and easily, which can improve care coordination and help to prevent medical errors.
Public:
The public is a key driver in the health information exchange market. Health Information Exchange (HIE) is an electronic system that enables sharing of patient-related health data among various healthcare providers and insurance companies, which helps them to improve quality of care and reduce costs. The main objective behind the implementation of HIE is to promote value-based healthcare delivery model, which shifts the focus from volume towards value-added services for improved care delivery.
Private:
Private is a data element that is only visible to the participants in a specific exchange. It can be used by service providers, government agencies or any other organization involved in information sharing. The main function of private data elements is to provide additional assurance as to the identity and integrity of the individual or entity providing information.
The healthcare industry has been witnessing an increasing demand for health information exchange (HIE) due to rising implementation of EHRs.
Application Insights:
The web portal application segment accounted for the largest revenue share of over 60% in 2017. This is attributed to the growing usage of portals for registering patients, obtaining clinical information and tracking their medicines. Moreover, increasing penetration of smartphones coupled with rising demand for real-time patient engagement is expected to drive the market over the forecast period.
Health information exchange through secure messaging applications also accounted for a significant revenue share in 2017 owing to its ability to reduce communication time between providers and patients by providing instant access to stored health data. The European countries such as Germany are adopting this method due to strict privacy regulations that support electronic medical records that facilitate easy access regarding patient¢â‚¬â„¢s history at any given point of time without having physical contact with them or accessing their private computers directly.
Regional Analysis:
North America held the largest share of over 40% in 2017. This can be attributed to the presence of a large number of global health organizations, such as WHO and CDC, which are actively working toward creating a seamless exchange among various healthcare organizations. Moreover, technological advancements in this region have led to the development of sophisticated IT infrastructure for data sharing across hospitals and clinics.
Asia Pacific is expected to grow at an exponential rate during the forecast period owing to increasing government initiatives for building robust information systems that facilitate easy access to patient records by other healthcare providers as well as insurance companies. For instance, The Government Of India has planned ‘Health Information Technology for Economic Transformation’ (HITECH) initiative with an aim toward accelerating implementation of Health IT programs throughout country by 2016 under its National Digital Health Program (NDHP).
Growth Factors:
- Increasing demand for interoperability and exchange of health information between different healthcare providers to improve the quality of care.
- Rising number of healthcare data breaches and the need for secure exchange of health information among different stakeholders to mitigate the risk.
- Proliferation of mobile devices and apps that can be used to collect, store, or share health information with ease.
- Growing trend of consumerism in healthcare and patients’ increasing demand for access to their own medical records and other health-related data anytime, anywhere.
Scope Of The Report
Report Attributes
Report Details
Report Title
Health Information Exchange Market Research Report
By Type
Public, Private
By Application
Web Portal, Secure Messaging
By Companies
Medicity, Cerner Corporation, Allscripts Healthcare Solutions, Intersystems, Orion Health, Eclinicalworks, Covisint
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Health Information Exchange Market Report Segments:
The global Health Information Exchange market is segmented on the basis of:
Types
Public, Private
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, Secure Messaging
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:
- Medicity
- Cerner Corporation
- Allscripts Healthcare Solutions
- Intersystems
- Orion Health
- Eclinicalworks
- Covisint
Highlights of The Health Information Exchange 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:
- Public
- Private
- By Application:
- Web Portal
- Secure Messaging
- 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 Health Information Exchange 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?
Health Information Exchange (HIE) is a system that allows health care providers to share electronic health information. This can include patient records, test results, and other medical data. HIE can help improve the quality of care for patients by allowing doctors and nurses to share information more easily. It can also help reduce the cost of healthcare by reducing the number of duplicate tests or treatments.
Some of the major players in the health information exchange market are Medicity, Cerner Corporation, Allscripts Healthcare Solutions, Intersystems, Orion Health, Eclinicalworks, Covisint.
The health information exchange market is expected to register a CAGR of 10.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Health Information Exchange Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Health Information Exchange Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Health Information Exchange Market - Supply Chain
4.5. Global Health Information Exchange Market Forecast
4.5.1. Health Information Exchange Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Health Information Exchange Market Size (000 Units) and Y-o-Y Growth
4.5.3. Health Information Exchange Market Absolute $ Opportunity
5. Global Health Information Exchange Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Health Information Exchange Market Size and Volume Forecast by Type
5.3.1. Public
5.3.2. Private
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Health Information Exchange Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Health Information Exchange Market Size and Volume Forecast by Application
6.3.1. Web Portal
6.3.2. Secure Messaging
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Health Information Exchange Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Health Information Exchange Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Health Information Exchange Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Health Information Exchange Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Health Information Exchange Demand Share Forecast, 2019-2026
9. North America Health Information Exchange Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Health Information Exchange Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Health Information Exchange Market Size and Volume Forecast by Application
9.4.1. Web Portal
9.4.2. Secure Messaging
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Health Information Exchange Market Size and Volume Forecast by Type
9.7.1. Public
9.7.2. Private
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Health Information Exchange Demand Share Forecast, 2019-2026
10. Latin America Health Information Exchange Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Health Information Exchange Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Health Information Exchange Market Size and Volume Forecast by Application
10.4.1. Web Portal
10.4.2. Secure Messaging
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Health Information Exchange Market Size and Volume Forecast by Type
10.7.1. Public
10.7.2. Private
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Health Information Exchange Demand Share Forecast, 2019-2026
11. Europe Health Information Exchange Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Health Information Exchange Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Health Information Exchange Market Size and Volume Forecast by Application
11.4.1. Web Portal
11.4.2. Secure Messaging
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Health Information Exchange Market Size and Volume Forecast by Type
11.7.1. Public
11.7.2. Private
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Tye
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Health Information Exchange Demand Share, 2019-2026
12. Asia Pacific Health Information Exchange Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Health Information Exchange Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Health Information Exchange Market Size and Volume Forecast by Application
12.4.1. Web Portal
12.4.2. Secure Messaging
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Health Information Exchange Market Size and Volume Forecast by Type
12.7.1. Public
12.7.2. Private
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Health Information Exchange Demand Share, 2019-2026
13. Middle East & Africa Health Information Exchange Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Health Information Exchange Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Health Information Exchange Market Size and Volume Forecast by Application
13.4.1. Web Portal
13.4.2. Secure Messaging
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Health Information Exchange Market Size and Volume Forecast by Type
13.7.1. Public
13.7.2. Private
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Health Information Exchange Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Health Information Exchange Market: Market Share Analysis
14.2. Health Information Exchange Distributors and Customers
14.3. Health Information Exchange Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Medicity
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Cerner Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Allscripts Healthcare Solutions
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Intersystems
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Orion Health
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Eclinicalworks
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Covisint
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
