Health Information Exchange Market Increasing Demand, Growth Analysis and Future Outlook by 2031


Posted July 29, 2024 by Tan8121

Global health information exchange market is anticipated to grow at a significant CAGR of 15.8% during the forecast period (2024-2031).

 
Global health information exchange market is anticipated to grow at a significant CAGR of 15.8% during the forecast period (2024-2031). Healthcare Information Exchange (HIE) platforms facilitate secure and efficient sharing of patient data across healthcare organizations. It integrates with Electronic Health Records (EHR) systems, facilitates interoperability between disparate systems, and stores patient data from multiple sources. Clinical Data Repositories (CDR) aggregate and store patient data from various sources, while Health Information Networks (HINs) connect healthcare providers, payers, and public health agencies. HIE platforms also offer patient portals, allowing patients to access their records, schedule appointments, and view educational resources. Interoperability standards and Application Programming Interface (APIs) facilitate data exchange between systems. HIE platforms additionally offer analytics and reporting capabilities for population health management. Furthermore, the market has seen significant growth primarily owing to increased focus on R&D by both public and private organizations and growing applications. For instance, In January 2024, Axxess introduced Axxess Connect, a revolutionary interoperability solution for healthcare at home, aiming to enhance data sharing, care coordination, patient outcomes, and value-based care.

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In April 2024, HIE introduced a free ADT service to enhance compliance with the state's health data exchange framework and improve care coordination. In November 2023, eHealth Exchange HIE introduced an incentive program to encourage HL7 FHIR adoption among its participants, recognizing their efforts in facilitating patient data exchange with payers.

Global Health Information Exchange Market Report Segment

By Setup Type

Private HIE
Public HIE

By Implementation Model

Hybrid Models
Centralized Models
Decentralized/ Federated Models

By Type

Directed Exchange
Query-based Exchange
Consumer-mediated Exchange

By Application 

Web Portal Development
Workflow Management
Secure Messaging
Internal Interfacing
Others (Consumer-Mediated Health Information Exchange)

By Solution 

Portal-centric Solutions
Messaging-centric Solutions
Platform-centric Solutions

By End-User

Healthcare Providers
Healthcare Payers
Pharmacies

A full report of Health Information Exchange Market available @ https://www.omrglobal.com/industry-reports/health-information-exchange-market

Health Information Exchange Market Report Segment by Region

North America          

United States
Canada

Europe

Germany
United Kingdom
France
Spain
Italy
Rest of Europe

Asia-Pacific   

China
Japan
India
Rest of Asia-Pacific

Rest of the World

Middle East & Africa
Latin America

Company Profiles

CareEvolution®, LLC.
Conifer Health Solutions, LLC.
eClinicalWorks, LLC
Epic Systems Corp.
GE HealthCare Technologies Inc.
IBM Corp.
Infor
Inovalon
InterSystems Corp.
McKesson Corp.
NantHealth, Inc.

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Last Updated July 29, 2024