Health Information Exchange Industry Overview

The health information exchange market is projected to reach USD 2.0 billion by 2025 from USD 1.1 billion in 2020, at a CAGR of 12.2% during the forecast period.

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Health Information Exchange (HIE) Market

Growth of this market is driven by factors such as increasing need to reduce healthcare costs, focus on providing patient-centered care, increasing adoption of EHR and other HCIT solutions, government initiatives to improve patient care and safety, and government funding for healthcare interoperability It's possible.

COVID-19 Impact on the Health information exchange Market

The COVID-19 pandemic has created technological shifts crucial to providing better care. The crisis has made complying with data interoperability a priority for most healthcare institutions. It has also increased the need for social distancing among physicians and patients, which has driven the demand for remote patient monitoring and telehealth solutions and the need for the accurate and timely exchange of patient health records.

Health Information Exchange Market Segmentation

The private HIE segment is expected to account for the largest share during the forecast period

Based on the setup type, the health information exchange market is segmented into public and private HIE. The private HIE segment is expected to account for the largest share of the market

The hybrid model is expected to grow at the highest rate during the forecast period

Based on the implementation model, the health information exchange market is segmented into centralized/consolidated model, federated/decentralized, hybrid models. The hybrid model segment is expected to account for the largest share of the market

The directed exchange segment to account for the largest share during the forecast period

Based on the type, the health information exchange market is segmented into directed(push HIE), query-based (pull-HIE), consumer-mediated exchange solutions. The directed (push HIE) exchange segment is expected to account for the largest share of the market

The web portal development application segment to account for the largest share during the forecast period

Based on application, the HIE market is categorized into internal interfacing, workflow management, secure messaging, web portal development, patient safety, and others. The web portal development application segment is expected to is expected to account for the largest share of the market

The portal-centric solution segment to account for the largest share during the forecast period

Based on the solution, the market is divided into portal-centric, messaging-centric, and platform-centric solutions. Portal-centric solution are expected to account for the largest share of the global health information exchange market

The healthcare provider segment to account for the largest share during the forecast period

Based on end users, the market is divided into healthcare providers, healthcare payers, and pharmacies .Healthcare providers segment is expected to account for the largest share of the global health information exchange market

Health Information Exchange Regional Outlook

  • North America
  • Europe
  • Asia Pacific
  • RoW

Key Companies Profile & Market Share Insights

Epic Systems Corporation (US), Cerner Corporation (US), Health Catalyst (US), Intersystems Corporation (US), MEDITECH (US). are some of the leading players of the health information exchange market.

Epic Systems (US) held the leading position in the health information exchange market. The company is also one of the dominant players in the hospital EMR systems market, accounting for an estimated share of 28-30% of the acute care hospitals

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