The term Health Information Exchange refers to the organisation that facilitates the exchange. It is the mobilization of healthcare information across organisations within a community, region or hospital system. The Health Information Exchange provides the capability to move clinical information among several healthcare information systems. The increasing incentives by the government, implementation of E-health record, increasing efficiency and patient safety and growing patient-centric approach in healthcare delivery are the major factors that boost the market.
Europe Healthcare Information Exchange Market size is projected to reach approximately $391.65 million by the end of 2024 with a CAGR of close to 8.88% during the forecast timeline 2018-2024. The major factors that propel the growth of the Europe Healthcare Information Exchange Market are the technological advancements, need to exchange healthcare information for better quality service, increasing efficiency and patient safety, implementation of E-health records and increasing government incentives. However, implementation of electronic health records and rising
Europe Healthcare Information Exchange Market is segmented by setup, which is further classified in to private and public. The Private health information exchange segment contributes the largest share of over 52.0% due to the presence of larger number of service providers and high-cost efficiency. By implementation model, Europe healthcare information exchange market is segmented into centralised/consolidated models, decentralised/federated models, and hybrid model. By type, it is further segmented into the directed exchange, query-based exchange and consumer medicated exchange, application segment is classified in to secure messaging, internal interfacing, workflow management, patient safety and web portal development and the end user is further segmented into providers, payers, and pharmacies. By Geography, Europe is segmented into U.K, Germany, Italy, Spain, and France.
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To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.
Europe Diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial study with significant competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
The major key players in theEuropeHealthcare Information Exchange Market are:
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