Press release
Clinical Data Exchange Market Overview, Industry Top Manufactures, Market Size, Industry Growth Analysis & Forecast: 2026
Clinical Data Exchange Market
This clinical data exchange report is an established source of information that presents with a telescopic view of the current market trends, situations, opportunities and status. This clinical data exchange report helps clients recognize new opportunities and most important customers for their business growth and increased revenue. Moreover, the trends in consumer and supply chain dynamics are also recognized and then accordingly strategies about marketing, promotion and sales are interpreted for an extreme success. The report gives details about the top players and brands that are driving the market. The current market scenario and future prospects of the sector have also been examined in this report.
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Few of the major competitors currently working in the global clinical data exchange market are Information Builders and docero; Halfpenny Technologies Inc; Experian Information Solutions, Inc.; PNT Data; Health Level Seven International; New England Healthcare Exchange Network, Inc.; Optum, Inc.; McKesson Corporation; IBM Corporation; Microsoft; Guardtime; iSolve, LLC; Patientory; Accenture; Proof.Works; Iryo d.o.o.; Allscripts Healthcare LLC; Open Text Corporation; Orion Health group of companies among others.
Key Developments in the Market:
In June 2019, Accumen announced that they had acquired Halfpenny Technologies, Inc. This acquisition will lead to addition of enhanced capabilities to the combined enterprise, helping provide better quality of performance and operational capabilities. This will lead to delivery of next generation of health care services and solution
In September 2018, Da Vinci Project was formed with the combination of more than twenty healthcare organizations. The project will be focused on utilizing Health Level Seven International’s “HL7 Fast Healthcare Interoperability Resources (FHIR)” for improving the quality of data-communication for value-based care arrangement
Competitive Analysis:
Global clinical data exchange market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of clinical data exchange market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Market Drivers
Increasing utilization of blockchain technology from the healthcare industry is expected to drive the growth of the market
Rising prevalence of counterfeit drugs floating in the market; this factor is expected to boost the growth of the market
Requirement for better secured storage solutions also acts as a market driver
Enhanced levels of support being provided by various government authorities to improve the availability of infrastructure for deployment of advanced technologies will also uplift the market growth
Market Restraints
Lack in the awareness and infrastructure availability in various developing regions; this factor is expected to restrict the growth of the market
Concerns regarding the data’s privacy amid high volume of data thefts will also hamper the market growth
Requirement of large-scale investments and expenditure for establishment of infrastructure and other resources for successful operations of clinical data exchange is another factor restricting the market growth
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Segmentation: Global Clinical Data Exchange Market
By Component
Enterprise Master Person Index (EMPI)
Healthcare Provider Directory (HPD)
Record Locator Service (RLS)
Clinical Data Repository
Others
By Implementation Model
Centralized/Consolidated Model
Decentralized/Federated Models
Hybrid Model
By Setup Type
Private
Public
By Exchange Type
Direct Exchange
Query-Based Exchange
Consumer Mediated Exchange
By Application
Internal Interfacing
Secure Messaging
Work Flow Management
Web Portal Development
Others
By End-User
Pharmaceutical Companies
Healthcare Providers
Public Health Agencies
Healthcare Payers
Others
By Geography
North America
Europe
Asia-Pacific
South America
Middle East and Africa
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