United States Healthcare Information Exchange Market 2020 Business Outlook – Cerner Corporation, Allscripts Healthcare Solutions, Mckesson Corporation, Eclinical Works
The report will make detailed analysis mainly on in-depth research on the development environment, Market size, development trend, operation situation and future development trend of United States Healthcare Information Exchange Market on the basis of stating current situation of the industry in 2020.
This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions. The rapidly changing market scenario and initial and future assessment of the impact is covered in the report. It offers critical information pertaining to the current and future growth of the market.
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The United States healthcare information exchange market is fairly competitive and consists of several major players. Due to high adoption rates of new technology and wide availability of reimbursement, which necessitates the use of information exchange systems, the United States is at the forefront of healthcare information exchange implementation. Thus, nearly all the global players are operating in the country. Companies, like Cerner Corporation, Allscripts Healthcare Solutions, Mckesson Corporation, Eclinical Works, and Epic Corporation Inc., hold a substantial market share in the market.
The main factors driving the market growth include the increasing demand for electronic health records, government support via various programs and incentives, and reduction in healthcare cost and improved efficacy.
Health information exchange allows doctors, pharmacists, nurses, healthcare providers, and patients to access and securely share the patients medical information, electronically, thus improving the quality, safety, speed, and cost of patient care. Healthcare information exchange (HIE) is an important part of health information technology (HIT). According to the National Coordinator for Health Information Technology, electronic availability of patient health information from outside sources increased by 10% in 2018, resulting in more than half of hospitals having EHR information available at point of care. Owing to the increase in government initiatives and high engagement of a private setup in HIE, the market is expected to witness exponential growth.
Key Market Trends:
The Decentralized/Federated Model is Expected to Hold the Largest Market Share
The decentralized/federated model segment holds the largest market share, and is expected to retain its share during the forecast period. In a federated HIE, there is no master database. In this model, each healthcare provider is responsible for maintaining the records of their individual patients. In this model, the main function of HIE is to facilitate the providers in exchanging patient records among themselves, when the need arises. The salient distinction of a federated model is that there is no central database from which a previously compiled, comprehensive medical record is stored and can be downloaded. The advantages, such as low conflicts related to data ownership and compartmentalization of data, which makes it less vulnerable to data thefts, along with lower implementation costs when compared to other models, are leading to its high adoption rates.
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The research includes historic data from 2015 to 2020 and forecasts until 2026 which makes the report’s an invaluable resource for industry executives, Marketing, Sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Table of Contents: -
1. Global United States Healthcare Information Exchange Market Overview
2. Global United States Healthcare Information Exchange Market Competitions by Manufacturers
3. Global United States Healthcare Information Exchange Capacities, Production, Revenue (Value) by Region
4. Global United States Healthcare Information Exchange Supply (Production), Consumption, Export, Import by Region
5. Global United States Healthcare Information Exchange Productions, Revenue (Value), Price Trend by Type
6. Global United States Healthcare Information Exchange Market Analyses by Application
7. Global United States Healthcare Information Exchange Manufacturers Profiles/Analysis
8. United States Healthcare Information Exchange Manufacturing Cost Analysis
9. Industrial Chain, Sourcing Strategy and Downstream Buyers
10. Marketing Strategy Analyses, Distributors/Traders
11. Market Effect Factors Analysis
12. Global United States Healthcare Information Exchange Market Forecast
13. Research Findings and Conclusion
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