Global Healthcare InformationExchange (HIE) Market is expected to reach USD 2.21 billion by 2024, according to a new report by Grand View Research, Inc. The increasing need for greater access to patient health information is a potent driver of the health information exchange market. Additionally, the increasing awareness pertaining to the health information exchange owing to the presence of government and non-profit organizations, such as Healthcare Information and Management Systems Society (HIMSS),is the major factor expected to drive the growth of the aforementioned industry over the forecast period.
Furthermore, the increasing focus towards
advanced healthcare solutions along with the increased provision of funds from
government organizations to expand healthcare information systems is expected
to increase the adoption of HIE systems in the near future. For example, the
presence of the Agency for Healthcare Research and Quality (AHRQ), which is
instrumental in providing funds pertinent to HIE implementation in the U.S.
Full Research Report on Global Health
Information Exchange (HIE) Market Analysis:
http://www.grandviewresearch.com/industry-analysis/health-information-exchange-hie-market
http://www.grandviewresearch.com/industry-analysis/health-information-exchange-hie-market
Further key findings from the study
suggest:
- The private health information exchange segment dominated the
setup type segment with respect to the revenue share of over 52.0% in
2015. This dominance is attributed to presence of larger number of service
providers and higher cost efficiency in the above-mentioned segment.
- Under the category of implementation model of health
information exchange, the hybrid model segment is anticipated to grow at a
lucrative rate due to the associated benefits, such as improved patient
care delivery and enhanced operational efficiency of the practices
- Kentucky HIE is a hybrid model implemented with an objective to
provide patient information related to chronic disease management and
preventive health via messaging, alerts, and other communication tools.
Kentucky HIE also connects to the National Health Information Network
(NHIN) and enables interoperability across various health systems.
- On the basis of solution type, the platform-centric segment is
expected to grow at a rapid growth rate in 2015. This can be attributed to
the benefits associated with platform-centric solutions, such as storage
of colossal amounts of data and facilitated health information exchange,
thus the implied demand for the products in the HIE market.
- In terms of applications, the internal interfacing segment is
the fastest growing segment. The increasing need to connect with a larger
number of patients through the use of patient engagement tools and
internal interfacing is presumed to propel the demand for the health
information exchange market.
- As of 2015, North America dominated the health information
exchange market at over 45.0% owing to the presence of vast number of
companies, supportive reimbursement policies, and the increasing
implementation of EHR
- Asia Pacific is expected to grow rapidly at a CAGR of over
10.5% during the forecast period due to the rising disposable income
levels, the increased awareness levels amongst healthcare practitioners
regarding the healthcare information exchange systems, the presence of
outsourced HIE service providers, and the rising investments in the
healthcare industry by the major players
- Some key players in this sector are GE Healthcare,
eClinicalWorks, Siemens AG, Orion Health, Inc., Medicity, Inc., IBM
Corporation, CareEvolution, Inc., Cerner Corporation, RelayHealth
Corporation, and Allscripts Healthcare Solutions, Inc.
- The industry players are involved in strategic collaborations
and mergers & acquisitions. The participants are striving to gain
market penetration via offering end-to-end customized services to the potential
consumers. For instance, in March 2016, Allscripts Healthcare Solutions,
Inc. and AssistRX, Inc. entered into a partnership agreement to develop
technologically advanced HIE solutions with enhanced speed and efficiency
in prescribing specialty medications in the U.S.
View
more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/healthcare-it
Grand
View Research has segmented the Global Health Information Exchange Market on
the basis of setup type, implementation model, solution type, application, and
region:
Global health information exchange
setup type outlook (Revenue, USD Million, 2013- 2024)
- Private HIE
- Public HIE
Global health information exchange
implementation model outlook (Revenue, USD Million, 2013 - 2024)
- Centralized
- Decentralized
- Hybrid
Global health information exchange
solution type outlook (Revenue, USD Million, 2013 - 2024)
- Portal-Centric
- Platform-Centric
- Messaging-Centric
Global health information exchange
application outlook (Revenue, USD Million, 2013 - 2024)
- Web Portal Development
- Internal Interfacing
- Workflow Management
- Others
Health information exchange regional
outlook (Revenue, USD Million, 2013 - 2024)
- North America
- U.S
- Canada
- Europe
- UK
- Germany
- Asia Pacific
- Japan
- China
- India
- Latin America
- Mexico
- Brazil
- MEA
- South Africa
View Press
Release Of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-health-information-exchange-hie-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For more Information visit us: www.grandviewresearch.com