The Market Research on Health Information Exchange, By Considering useful aspects like; Application, End Users- Global Future Forecast till 2020, published by MarketsandMarkets™, the report studies the global Health Information Exchange market over the forecast period to 2020. The market is projected to reach USD 1,545.0 Million by 2020 at a CAGR of 9.3%.
Growth in the global health information exchange market is mainly driven by federal mandates like Meaningful use, growing patient-centric approach in healthcare delivery, increasing EHR adoption rate, and need to curtail healthcare cost. However, requirement of significant infrastructural investments coupled with low return on investment and data security & privacy concerns are expected to restrain the growth of this market to a certain extent.
Health information exchange (HIE) is the electronic transfer of patient-level information between different organizations. In the current scenario, HIE is viewed as a solution for the fragmentation of data in healthcare. Through these portals, patients can also download information from their medical records, electronically send care/referral summaries to a third party, request a change/update to their medical record, request/schedule appointments, request prescriptions, communicate securely with providers, access laboratory results & other credible information, and pay bills. HIE also proves to be beneficial for various other healthcare stakeholders (such as providers and payers) in terms of achieving administrative efficiencies.
Growth in the health information exchange market is likely to be centered in the Asia-Pacific region. Factors such as investments and reforms to modernize China’s healthcare infrastructure, implementation of HCIT programs in Australia and New Zealand, and Japan’s ICT fund and initiatives to drive EHR adoption are propelling the HIE market in this region.
The Health Information Exchange market is fragmented with the presence of emerging players;
Allscripts Healthcare Solutions, Inc. (U.S.), RelayHealth Corporation (U.S.), Infor, Inc. (U.S.), Cerner Corporation (U.S.), eClinicalWorks (U.S.), NextGen Healthcare Information Systems, LLC (U.S.), Optum, Inc. (U.S.), Covisint Corporation (U.S.), Epic Corporation Inc. (U.S.), and Orion Health (New Zealand)…..Read More
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Health Information Exchange Market, by Type;
- Directed Exchange
- Query-based Exchange
- Consumer-mediated Exchange
Health Information Exchange Market, by Setup Type;
- Private HIE
- Public HIE
Health Information Exchange Market, by Application;
- Web-portal development
- Workflow Management
- Secure Messaging
Health Information Exchange Market, by Implementation Model;
- Hybrid
- Centralized/Consolidated
- Decentralized/Federated
Health Information Exchange Market, by Region;
- North America
- Europe
- Asia-Pacific
- Rest of the World (RoW)
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Major Key Points from Table of Content:
- Introduction
- Research Methodology
- Health Information Exchange Market, By Setup Type
- Health Information Exchange Market, By Type
- Health Information Exchange Market, By Implementation Model
- Competitive Landscape
- Company Profiles
Major Key Points from List of Tables:
- Enhanced Healthcare Quality and Care Coordination Propelling the Growth of the Global HIE Market
- Decentralized/Federated Model Market Size, By Region.
- S.: Market Size, By Application
- Canada: Market Size, By Implementation Model
- Europe: Market Size, By End User
- APAC: Market Size, By Setup Type
- RoW: Market Size, By Type……. Click To Read Full Toc
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Major Key Points from List of Figures:
- The battle for Market Share: Product Deployments Was the Key Strategy Adopted By Market Players
- Web Portal Development Accounted for the Largest Share of Health Information Exchange Market
- Cerner Corporation: Company Snapshot
- Orion Health: Company Snapshot
- Covisint Corporation: Company Snapshot
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