The term Health Information Exchange refers to the organisation that facilitates the exchange. It is the mobilisation 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 healthcare information exchange market is estimated to reach USD 1.22 billion with a CAGR of 10.94% by 2024.
Healthcare Information Exchange Market Share:
The healthcare information exchange market is segmented by Setup Type which further segmented in to Private and Public. The Private health information exchange segment contributes the most significant share of over 52.0% due to the presence of a more considerable number of service providers and high-cost efficiency.
Healthcare Information Exchange Market Size:
North America is the more substantial contributor to the healthcare information exchange market due to the rising number of accountable care organisations.Asia Pacific is going to be the fastest growing region
Healthcare Information Exchange Market Growth:
The growing awareness applicable to the health data exchange as a result of the presence of the government and data and Management Systems Society (HIMSS) that could be a non-profit organisation is that the significant issue calculable to drive the expansion of the market.
Healthcare Information Exchange Market Industry Analysis:
The healthcare information exchange market is segmented by Type, End Users, Implementation Model, Setup Type, Application, and Component. In the category of Application, we have the primary areas like Secure Messaging, Internal Interfacing, Workflow Management, Patient Safety and Web Portal Development.
Healthcare Information Exchange Market Outlook:
North America is expected to register the highest share of the healthcare information exchange market due to the federal mandates. From the analysis, the healthcare information exchange market implements the product strategies in the forecast period.
Healthcare Information Exchange Market Trends:
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Healthcare Information Exchange Market Research Report includes:
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