Health Information Exchange (HIE) Market Size to projected to reach US$ 4.2 Billion by 2027
The global Health Information Exchange (HIE) market gathered revenue around USD 2.4 billion in 2020 and market is set to grow USD 4.2 Billion by the end of 2027 and is estimated to expand at a modest CAGR of 14.4% during the prediction period 2021 to 2027. Growth in this market can be attributed to factors such as growing need to curtail healthcare costs, focus on patient-centric care delivery, growing adoption of EHRs and other HCIT solutions, government initiatives for enhancing patient care and safety, government funding for healthcare interoperability. However, data privacy concerns, need for significant investments in infrastructure development and high cost of deployment, lack of true interoperable solutions are expected to hinder the market growth.
This research report purposes at stressing the most lucrative growth prospects. The aim of the research report is to provide an inclusive valuation of the Health Information Exchange (HIE) market and it encompasses thoughtful visions, actualities, industry-validated market findings, historic data, and prognoses by means of appropriate set of assumptions and practice. Global Health Information Exchange (HIE) market report aids in comprehending market structure and dynamics by recognizing and scrutinizing the market sectors and predicted the global market outlook.
COVID-19 Impact Assessment on Market Landscape
The report comprises the scrutiny of COVID-19 lock-down impact on the income of market leaders, disrupters and followers. Since lock down was instigated differently in diverse regions and nations, influence of same is also dissimilar across various industry verticals. The research report offers present short-term and long-term influence on the market to assist market participants across value chain makers to formulate the framework for short term and long-lasting tactics for recovery and by region.
Health Information Exchange (HIE) market report empower readers with all-inclusive market intelligence and offers a granular outline of the market they are operational in. Further this research study delivers exceptional combination of tangible perceptions and qualitative scrutiny to aid companies accomplishes sustainable growth. This report employs industry-leading research practices and tools to assemble all-inclusive market studies, intermingled with pertinent data. Additionally, this report also emphases on the competitive examination of crucial players by analyzing their product portfolio, pricing, gross margins, financial position, growth approaches, and regional occurrence.
Regional Insights
North America held the largest revenue share of health information exchange market in 2016 at over 46.2%. High awareness pertaining to the HIE systems, the ongoing government initiatives, the presence of non-profit organizations, and the presence of prominent players domiciled in this region, such as Medicity, Inc. and IBM Corporation are responsible for its dominant position in the regional market.
The Asia Pacific region is expected to witness lucrative growth opportunities in the future due to the increasing patient population, which necessitates improved information systems for effective data management as well as the rising healthcare expenditure in the emerging economies, such as China and India.
Asia Pacific to witness significant growth from 2020 to 2027
North America is the largest regional market for health information exchange systems, followed by Europe. the APAC market is estimated to grow at the highest CAGR during the forecast period. The high growth in this regional market can be attributed to the rising prevalence of chronic diseases, government iniatives to support healthcare interoperability, improving healthcare infrastructure, and the increasing demand from key markets such as Japan, China, and India.
Competitive Rivalry
Foremost players in the market are attentive on adopting corporation strategies to enhance their market share. Some of the prominent tactics undertaken by leading market participants in order to sustain the fierce market completion include collaborations, acquisitions, substantial spending in R&D and the improvement of new-fangled products or reforms among others.
Significant Market Participants Operational in the Health Information Exchange (HIE) Market are:
The major market players include: Epic Systems Corporation (US), Cerner Corporation (US), MEDITECH (US), Intersystems Corporation (US), Change Healthcare (US).
Unravelling the Critical Segments
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects including product type, application/end-user, and region. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for period 2017 to 2027 and covers subsequent region in its scope:
By Setup Type
By Implementation Model
By Type
By Application
By Solution
By End User
By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Health Information Exchange (HIE) Market, By Setup Type
7.1. Health Information Exchange (HIE) Market, By Setup Type, 2021-2027
7.1.1. Private HIE
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Public HIE
7.1.2.1. Market Revenue and Forecast (2016-2027)
Chapter 8. Global Health Information Exchange (HIE) Market, By Implementation Model
8.1. Health Information Exchange (HIE) Market, By Implementation Model, 2021-2027
8.1.1. By Setup Type
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Centralized Models
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Decentralized/Federated ModelsGastrointestinal Surgeries
8.1.3.1. Market Revenue and Forecast (2016-2027)
Chapter 9. Global Health Information Exchange (HIE) Market, By Type
9.1. Health Information Exchange (HIE) Market, By Type, 2021-2027
9.1.1. Directed Exchange
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.2. Query-based Exchange
9.1.2.1. Market Revenue and Forecast (2016-2027)
9.1.3. Consumer-mediated Exchange
9.1.3.1. Market Revenue and Forecast (2016-2027)
Chapter 10.Global Health Information Exchange (HIE) Market, By Application
10.1. Health Information Exchange (HIE) Market, By Application, 2021-2027
10.1.1. Web Portal Development
10.1.1.1. Market Revenue and Forecast (2016-2027)
10.1.2. Workflow Management
10.1.2.1. Market Revenue and Forecast (2016-2027)
10.1.3. Secure Messaging
10.1.3.1. Market Revenue and Forecast (2016-2027)
10.1.4. Internal Interfacing
10.1.4.1. Market Revenue and Forecast (2016-2027)
10.1.5. Other Applications
10.1.5.1. Market Revenue and Forecast (2016-2027)
Chapter 11.Global Health Information Exchange (HIE) Market, By Solution
11.1. Health Information Exchange (HIE) Market, By Solution, 2021-2027
11.1.1. Portal-centric Solutions
11.1.1.1. Market Revenue and Forecast (2016-2027)
11.1.2. Messaging-centric Solutions
11.1.2.1. Market Revenue and Forecast (2016-2027)
11.1.3. Platform-centric Solutions
11.1.3.1. Market Revenue and Forecast (2016-2027)
Chapter 12.Global Health Information Exchange (HIE) Market, By Delivery Model
12.1. Health Information Exchange (HIE) Market, By Delivery Model, 2021-2027
12.1.1. Healthcare Providers
12.1.1.1. Market Revenue and Forecast (2016-2027)
12.1.2. Healthcare Providers
12.1.2.1. Market Revenue and Forecast (2016-2027)
12.1.3. Pharmacies
12.1.3.1. Market Revenue and Forecast (2016-2027)
Chapter 13.Global Health Information Exchange (HIE) Market, Regional Estimates and Trend Forecast
13.1. North America
13.1.1. Market Revenue and Forecast, By Setup Type (2016-2027)
13.1.2. Market Revenue and Forecast, By Implementation Model (2016-2027)
13.1.3. Market Revenue and Forecast, By Type (2016-2027)
13.1.4. Market Revenue and Forecast, By Application (2016-2027)
13.1.5. Market Revenue and Forecast, By Solution (2016-2027)
13.1.6. Market Revenue and Forecast, By Delivery Model (2016-2027)
13.1.7. U.S.
13.1.7.1. Market Revenue and Forecast, By Setup Type (2016-2027)
13.1.7.2. Market Revenue and Forecast, By Implementation Model (2016-2027)
13.1.7.3. Market Revenue and Forecast, By Type (2016-2027)
13.1.7.4. Market Revenue and Forecast, By Application (2016-2027)
13.1.7.5. Market Revenue and Forecast, By Solution (2016-2027)
13.1.7.6. Market Revenue and Forecast, By Delivery Model (2016-2027)
13.1.8. Rest of North America
13.1.8.1. Market Revenue and Forecast, By Setup Type (2016-2027)
13.1.8.2. Market Revenue and Forecast, By Implementation Model (2016-2027)
13.1.8.3. Market Revenue and Forecast, By Type (2016-2027)
13.1.8.4. Market Revenue and Forecast, By Application (2016-2027)
13.1.8.5. Market Revenue and Forecast, By Solution (2016-2027)
13.1.8.6. Market Revenue and Forecast, By Delivery Model (2016-2027)
13.2. Europe
13.2.1. Market Revenue and Forecast, By Setup Type (2016-2027)
13.2.2. Market Revenue and Forecast, By Implementation Model (2016-2027)
13.2.3. Market Revenue and Forecast, By Type (2016-2027)
13.2.4. Market Revenue and Forecast, By Application (2016-2027)
13.2.5. Market Revenue and Forecast, By Solution (2016-2027)
13.2.6. Market Revenue and Forecast, By Delivery Model (2016-2027)
13.2.7. UK
13.2.7.1. Market Revenue and Forecast, By Setup Type (2016-2027)
13.2.7.2. Market Revenue and Forecast, By Implementation Model (2016-2027)
13.2.7.3. Market Revenue and Forecast, By Type (2016-2027)
13.2.7.4. Market Revenue and Forecast, By Application (2016-2027)
13.2.7.5. Market Revenue and Forecast, By Solution (2016-2027)
13.2.7.6. Market Revenue and Forecast, By Delivery Model (2016-2027)
13.2.8. Germany
13.2.8.1. Market Revenue and Forecast, By Setup Type (2016-2027)
13.2.8.2. Market Revenue and Forecast, By Implementation Model (2016-2027)
13.2.8.3. Market Revenue and Forecast, By Type (2016-2027)
13.2.8.4. Market Revenue and Forecast, By Application (2016-2027)
13.2.8.5. Market Revenue and Forecast, By Solution (2016-2027)
13.2.8.6. Market Revenue and Forecast, By Delivery Model (2016-2027)
13.2.9. France
13.2.9.1. Market Revenue and Forecast, By Setup Type (2016-2027)
13.2.9.2. Market Revenue and Forecast, By Implementation Model (2016-2027)
13.2.9.3. Market Revenue and Forecast, By Type (2016-2027)
13.2.9.4. Market Revenue and Forecast, By Application (2016-2027)
13.2.9.5. Market Revenue and Forecast, By Solution (2016-2027)
13.2.9.6. Market Revenue and Forecast, By Delivery Model (2016-2027)
13.2.10. Rest of Europe
13.2.10.1. Market Revenue and Forecast, By Setup Type (2016-2027)
13.2.10.2. Market Revenue and Forecast, By Implementation Model (2016-2027)
13.2.10.3. Market Revenue and Forecast, By Type (2016-2027)
13.2.10.4. Market Revenue and Forecast, By Application (2016-2027)
13.2.10.5. Market Revenue and Forecast, By Solution (2016-2027)
13.2.10.6. Market Revenue and Forecast, By Delivery Model (2016-2027)
13.3. APAC
13.3.1. Market Revenue and Forecast, By Setup Type (2016-2027)
13.3.2. Market Revenue and Forecast, By Implementation Model (2016-2027)
13.3.3. Market Revenue and Forecast, By Type (2016-2027)
13.3.4. Market Revenue and Forecast, By Application (2016-2027)
13.3.5. Market Revenue and Forecast, By Solution (2016-2027)
13.3.6. Market Revenue and Forecast, By Delivery Model (2016-2027)
13.3.7. India
13.3.7.1. Market Revenue and Forecast, By Setup Type (2016-2027)
13.3.7.2. Market Revenue and Forecast, By Implementation Model (2016-2027)
13.3.7.3. Market Revenue and Forecast, By Type (2016-2027)
13.3.7.4. Market Revenue and Forecast, By Application (2016-2027)
13.3.7.5. Market Revenue and Forecast, By Solution (2016-2027)
13.3.7.6. Market Revenue and Forecast, By Delivery Model (2016-2027)
13.3.8. China
13.3.8.1. Market Revenue and Forecast, By Setup Type (2016-2027)
13.3.8.2. Market Revenue and Forecast, By Implementation Model (2016-2027)
13.3.8.3. Market Revenue and Forecast, By Type (2016-2027)
13.3.8.4. Market Revenue and Forecast, By Application (2016-2027)
13.3.8.5. Market Revenue and Forecast, By Solution (2016-2027)
13.3.8.6. Market Revenue and Forecast, By Delivery Model (2016-2027)
13.3.9. Japan
13.3.9.1. Market Revenue and Forecast, By Setup Type (2016-2027)
13.3.9.2. Market Revenue and Forecast, By Implementation Model (2016-2027)
13.3.9.3. Market Revenue and Forecast, By Type (2016-2027)
13.3.9.4. Market Revenue and Forecast, By Application (2016-2027)
13.3.9.5. Market Revenue and Forecast, By Solution (2016-2027)
13.3.9.6. Market Revenue and Forecast, By Delivery Model (2016-2027)
13.3.10. Rest of APAC
13.3.10.1. Market Revenue and Forecast, By Setup Type (2016-2027)
13.3.10.2. Market Revenue and Forecast, By Implementation Model (2016-2027)
13.3.10.3. Market Revenue and Forecast, By Type (2016-2027)
13.3.10.4. Market Revenue and Forecast, By Application (2016-2027)
13.3.10.5. Market Revenue and Forecast, By Solution (2016-2027)
13.3.10.6. Market Revenue and Forecast, By Delivery Model (2016-2027)
13.4. MEA
13.4.1. Market Revenue and Forecast, By Setup Type (2016-2027)
13.4.2. Market Revenue and Forecast, By Implementation Model (2016-2027)
13.4.3. Market Revenue and Forecast, By Type (2016-2027)
13.4.4. Market Revenue and Forecast, By Application (2016-2027)
13.4.5. Market Revenue and Forecast, By Solution (2016-2027)
13.4.6. Market Revenue and Forecast, By Delivery Model (2016-2027)
13.4.7. GCC
13.4.7.1. Market Revenue and Forecast, By Setup Type (2016-2027)
13.4.7.2. Market Revenue and Forecast, By Implementation Model (2016-2027)
13.4.7.3. Market Revenue and Forecast, By Type (2016-2027)
13.4.7.4. Market Revenue and Forecast, By Application (2016-2027)
13.4.7.5. Market Revenue and Forecast, By Solution (2016-2027)
13.4.7.6. Market Revenue and Forecast, By Delivery Model (2016-2027)
13.4.8. North Africa
13.4.8.1. Market Revenue and Forecast, By Setup Type (2016-2027)
13.4.8.2. Market Revenue and Forecast, By Implementation Model (2016-2027)
13.4.8.3. Market Revenue and Forecast, By Type (2016-2027)
13.4.8.4. Market Revenue and Forecast, By Application (2016-2027)
13.4.8.5. Market Revenue and Forecast, By Solution (2016-2027)
13.4.8.6. Market Revenue and Forecast, By Delivery Model (2016-2027)
13.4.9. South Africa
13.4.9.1. Market Revenue and Forecast, By Setup Type (2016-2027)
13.4.9.2. Market Revenue and Forecast, By Implementation Model (2016-2027)
13.4.9.3. Market Revenue and Forecast, By Type (2016-2027)
13.4.9.4. Market Revenue and Forecast, By Application (2016-2027)
13.4.9.5. Market Revenue and Forecast, By Solution (2016-2027)
13.4.9.6. Market Revenue and Forecast, By Delivery Model (2016-2027)
13.4.10. Rest of MEA
13.4.10.1. Market Revenue and Forecast, By Setup Type (2016-2027)
13.4.10.2. Market Revenue and Forecast, By Implementation Model (2016-2027)
13.4.10.3. Market Revenue and Forecast, By Type (2016-2027)
13.4.10.4. Market Revenue and Forecast, By Application (2016-2027)
13.4.10.5. Market Revenue and Forecast, By Solution (2016-2027)
13.4.10.6. Market Revenue and Forecast, By Delivery Model (2016-2027)
13.5. Latin America
13.5.1. Market Revenue and Forecast, By Setup Type (2016-2027)
13.5.2. Market Revenue and Forecast, By Implementation Model (2016-2027)
13.5.3. Market Revenue and Forecast, By Type (2016-2027)
13.5.4. Market Revenue and Forecast, By Application (2016-2027)
13.5.5. Market Revenue and Forecast, By Solution (2016-2027)
13.5.6. Market Revenue and Forecast, By Delivery Model (2016-2027)
13.5.7. Brazil
13.5.7.1. Market Revenue and Forecast, By Setup Type (2016-2027)
13.5.7.2. Market Revenue and Forecast, By Implementation Model (2016-2027)
13.5.7.3. Market Revenue and Forecast, By Type (2016-2027)
13.5.7.4. Market Revenue and Forecast, By Application (2016-2027)
13.5.7.5. Market Revenue and Forecast, By Solution (2016-2027)
13.5.7.6. Market Revenue and Forecast, By Delivery Model (2016-2027)
13.5.8. Rest of LATAM
13.5.8.1. Market Revenue and Forecast, By Setup Type (2016-2027)
13.5.8.2. Market Revenue and Forecast, By Implementation Model (2016-2027)
13.5.8.3. Market Revenue and Forecast, By Type (2016-2027)
13.5.8.4. Market Revenue and Forecast, By Application (2016-2027)
13.5.8.5. Market Revenue and Forecast, By Solution (2016-2027)
13.5.8.6. Market Revenue and Forecast, By Delivery Model (2016-2027)
Chapter 14. Company Profiles
14.1. Epic Systems Corporation
14.1.1. Company Overview
14.1.2. Product Offerings
14.1.3. Financial Performance
14.1.4. Recent Initiatives
14.2. Epic Systems Corporation
14.2.1. Company Overview
14.2.2. Product Offerings
14.2.3. Financial Performance
14.2.4. Recent Initiatives
14.3. MEDITECH
14.3.1. Company Overview
14.3.2. Product Offerings
14.3.3. Financial Performance
14.3.4. Recent Initiatives
14.4. Intersystems Corporation
14.4.1. Company Overview
14.4.2. Product Offerings
14.4.3. Financial Performance
14.4.4. Recent Initiatives
14.5. Change Healthcare
14.5.1. Company Overview
14.5.2. Product Offerings
14.5.3. Financial Performance
14.5.4. Recent Initiatives
Chapter 15. Research Methodology
15.1. Primary Research
15.2. Secondary Research
15.3. Assumptions
Chapter 16. Appendix
16.1. About Us
16.2. Glossary of Terms
Cross-segment Market Size and Analysis for Mentioned Segments
Additional Company Profiles
(Upto 5 With No Cost)
Additional Countries (Apart
From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers