openPR Logo
Press release

What's driving the Healthcare Data Interoperability Market trends? Oracle, Philips, Smith Medical, Allscripts, Cerner Corporation, Ciox Health, Edifecs, Epic, Experian Health, Medicity, Optum Insights, TeleTracking Technologies

07-11-2019 08:17 PM CET | Industry, Real Estate & Construction

Press release from: marketstudyreport.com

/ PR Agency: marketstudyreport.com
Healthcare Data Interoperability Market

Healthcare Data Interoperability Market

A detailed study on ‘Healthcare Data Interoperability market’ formulated by Market Study Report, LLC, puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industry’s size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors in the projection timeline, while including their expansion strategies and portfolio.

Healthcare Data Interoperability Market will exceed USD 3.5 billion by 2025; as per a new research report. Increasing healthcare expenditures in developed as well as developing countries will positively impact healthcare data interoperability market growth. According to WHO in 2015, 10% of global GDP was spent on healthcare domain. As a result, there have been several developments in healthcare infrastructure that increased cashflow in hospitals and other healthcare facilities significantly. Due to increase in cashflow, healthcare organizations can afford technologically advanced interoperability software for secured data exchange to provide well-organized services that should escalate industry growth in coming years.

Request a sample of this premium report at www.marketstudyreport.com/request-a-sample/2064059?utm_so...

Growing adoption of EHR software in healthcare facilities will boost the industry growth. According to National Health Council, currently there are approximately 133 million people affected with chronic diseases in the U.S. alone. Abundant patient data is generated with rising cases of chronic diseases and for storing such data upgraded EHRs software are being utilized extensively. Along with EHR software, for safe and effective data transfer efficient interoperability software are required. Demand for EHR software will ultimately augment demand for healthcare interoperability software. However, low awareness regarding healthcare data interoperability software in underdeveloped regions may affect the industry growth to certain extent.

Semantic segment will experience more than 9.5% growth throughout the forecast period. Semantic interoperability provides highest level of data interpretation. Complicated raw medical information is sorted and presented in simpler form through this level of interoperability. Furthermore, semantic level of interoperability allows protected data exchange that resolves the issue of data threat. Aforementioned factors are projected to drive the segmental growth.

On-premise segment held over 35% revenue share in 2018. Multi-specialty healthcare facilities that have several departments need an on-premise efficient interface for data access. On-premise software enables easy and quick inter-departmental data exchange in huge public hospitals and multispecialty ASCs. Thus, rising reliability on upgraded on-premise interoperability software should surge segment growth.

Diagnosis segment is anticipated to witness around 9% growth throughout the analysis period. Increasing prevalence of chronic diseases such as cancer and diabetes results in increasing demand for diagnostic tests. Also, known benefits of early diagnosis is attracting people to screen themselves at initial stages. As a result, diagnostic centers have enormous patient data that needs to be transferred amongst healthcare organizations. Above mentioned factors are expected to escalate the business growth.

Centralized segment was valued around USD 900 million in 2018. Centralized model has a reliable data repository, that gathers data from different healthcare organizations and is shared only with authorized person. This model gives advantages of quick data sharing as the data is easily available in central repository. As a result, benefits obtained from this model will create high demand, thereby propelling segmental growth.

Ambulatory surgical centers segment is predicted to witness more than 9% growth during the forecast period. Numerous benefits associated with ASCs such as lower surgical costs and faster recovery rate increases the number of patient admissions. Hence, to facilitate the treatment, ASCs usually adopt technologically advanced interoperability software that should accelerate the segmental growth.

Asia Pacific healthcare data interoperability market was valued around USD 440 million in 2018. Positive regulatory scenario for interoperability software in APAC region keeps the entry barrier low for new entrants. Therefore, new players willing to establish their presence in healthcare interoperability software will experience numerous growth opportunities in developing economies that positively impacts the regional market growth.

Prominent industry players operational in the healthcare data interoperability market include Epic, Orion Health, Medicity, Allscripts, Philips, Cerner Corporation, Optum Insights, Smith Medical, Ciox Health, Teletracking Technologies, Oracle, Edifecs Inc and Experian Health. Key industry players have adopted numerous strategies such as new product launch, joint collaborations and mergers and acquisition. For instance, in April 2015, Cerner Corporation promoted its set of health care interoperability solutions. Such promotional activities will positively impact company?s sales.

Request a discount on standard prices of this premium report at www.marketstudyreport.com/check-for-discount/2064059?utm_...

Report Content

Chapter 1. Methodology

Chapter 2. Executive Summary

Chapter 3. Healthcare Data Interoperability Industry Insights

Chapter 4. Healthcare Data Interoperability Market, By Level

Chapter 5. Healthcare Data Interoperability Market, By Application

Chapter 6. Healthcare Data Interoperability Market, By Deployment

Chapter 7. Healthcare Data Interoperability Market, By Model

Chapter 8. Healthcare Data Interoperability Market, By End-user

Chapter 9. Healthcare Data Interoperability Market, By Region

Chapter 10. Company Profiles

10.1. Allscripts

10.2. Cerner Corporation

10.3. Ciox Health

10.4. Edifecs

10.5. Epic

10.6. Experian Health

10.7. Medicity

10.8. Optum Insights

10.9. Oracle

10.10. Philips

10.11. Smith Medical

10.12. TeleTracking Technologies

buying decision on this premium report www.marketstudyreport.com/enquiry-before-buying/2064059?u...

Contact Us:

Market Study Report LLC

4 North Main Street,

Selbyville, Delaware 19975

USA

Phone: 1-302-273-0910

US Toll Free: 1-866-764-2150

Email: sales@marketstudyreport.com

Website: www.marketstudyreport.com

Blog: www.marketstudyreport.com/blog

About Us:

Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release What's driving the Healthcare Data Interoperability Market trends? Oracle, Philips, Smith Medical, Allscripts, Cerner Corporation, Ciox Health, Edifecs, Epic, Experian Health, Medicity, Optum Insights, TeleTracking Technologies here

News-ID: 1802284 • Views: 222

More Releases from marketstudyreport.com

What's driving the Cancer Biological Therapy Market trends? Merck, Pfizer, Sanof …
A collective analysis on ‘Cancer Biological Therapy market’ by Market Study Report, LLC, offers an exhaustive study based on current trends influencing this vertical throughout assorted geographies. Key information regarding market size, market share, statistics, application, and revenue are compiled in the research to develop an ensemble prediction. In addition, this research offers a detailed competitive analysis focusing on business outlook emphasizing expansion strategies accepted by market majors. Cancer Biological Therapy
What's driving the Cancer Gene Therapy Market trends? Sibiono Genetech, Shanghai …
A collective analysis on ‘Cancer Gene Therapy market’ by Market Study Report, LLC, offers an exhaustive study based on current trends influencing this vertical throughout assorted geographies. Key information regarding market size, market share, statistics, application, and revenue are compiled in the research to develop an ensemble prediction. In addition, this research offers a detailed competitive analysis focusing on business outlook emphasizing expansion strategies accepted by market majors. Cancer Gene Therapy
What's driving the Smart Grid Market growth? Key Players are: ABB, Landis+Gyr, H …
A collective analysis on ‘Smart Grid market’ by Market Study Report, LLC, offers an exhaustive study based on current trends influencing this vertical throughout assorted geographies. Key information regarding market size, market share, statistics, application, and revenue are compiled in the research to develop an ensemble prediction. In addition, this research offers a detailed competitive analysis focusing on business outlook emphasizing expansion strategies accepted by market majors. The U.S. smart grid
What’s driving the Endpoint Security Market share? Microsoft, IBM, Symantec, B …
A collective analysis on ‘Endpoint Security market’ by Market Study Report, LLC, offers an exhaustive study based on current trends influencing this vertical throughout assorted geographies. Key information regarding market size, market share, statistics, application, and revenue are compiled in the research to develop an ensemble prediction. In addition, this research offers a detailed competitive analysis focusing on business outlook emphasizing expansion strategies accepted by market majors. North America dominated the

All 18732 Releases


More Releases for Health

Health literacy: How to improve health behaviors
Health literacy is defined as "people´s knowledge, motivation and competences to access, understand, appraise and apply information to make judgements and take decisions in everyday life healthcare concerning disease prevention and health promotion to maintain and improve quality of life during the life course." In a new volume Anne-Kathrin Mayer and colleagues shed light on the concept of health literacy from different disciplines: psychology, educational sciences, health sciences and
GetSavvi Health - For Health Insurance Needs
GetSavvi Health offers health insurance, which includes basic and primary care at affordable prices. The company believes in the fact that South Africans are hard working and each of them deserve access to affordable and high-quality healthcare facilities and that too at affordable prices. The company desires to be a leader in the primary healthcare sector. Primary care is all about basic healthcare facilities through day-to-day benefits, which help in
Nutrition: Health Is Wealth
Nutrition is the supply of food to the body required by an organism to stay alive and healthy. In the language of human medicine, nutrition is the practice of consuming foods or utilization by the body. In today’s life, consuming healthy food is as difficult as getting fresh air. Seriously, nutrition is no rocket science! Having a little knowledge of nutrients and its proportions makes it easier for the consumer
MENTAL HEALTH NURSING, PUBLIC HEALTH AND HEALTH CARE SUMMIT
Psychiatric and Mental Health Nursing 2019 will prove to be a noteworthy event, with this we cherish mental health nursing by embracing the theme, “Fore-fronting nursing care to achieve mental wellness” , and would step forward to provide an opportunity to step in and join our family, as we bring and encourage to join professionals from the following areas of Mental Health, Psychology, Nursing, Physiology, Neurology, Healthcare, Education, Business to
Epidemiology and Public Health
Opportunity to attend/speak at Epidemiology 2019 on February 27-28, 2019 at Prague, Czech Republic with the theme of Emerging Technologies, Applications and Health transitions in Epidemiology and Public Health. https://epidemiology.euroscicon.com/ Whatsapp: 13024004945 Euroscicon Milevská 7, 140 63 Praha 4, Czechia Katherine Gracia
Health Supplements Market 2017
ReportsWeb.com has announced the addition of the “Health Supplements Market in India 2017” The report focuses on global major leading industry players with information such as company profiles, product picture and specification. The health supplements market in India, which includes nutraceuticals, dietary and protein supplements, is expected to be worth over INR 390 billion by 2020. India currently holds a miniscule share in the global health supplement market, though this is