Health Information Exchange Market Emerging Players May Yields New Opportunities | McKesson Corporation, Optum, Inc., Oracle Corporation

The health information exchange market was valued at US$ 1,411.56 million in 2020 and is projected to reach US$ 3,326.98 million by 2028; it is expected to grow at a CAGR of 11.4% from 2021 to 2028.

Healthcare information exchange (HIE) refers to the deployment of healthcare information electronically. HIE is crucial for connecting communities and ensuring the availability of patient health records. It is an integral and significant element of health information technology (HIT) infrastructure. The health information exchange market growth is primarily attributed to the rising government support for the adoption of EMR/EHR systems and growing emphasis on healthcare cost optimization. However, the data security and privacy concerns hamper the growth of the market.

Get a sample report of the Health Information Exchange Market Report https://www.theinsightpartners.com/sample/TIPHE100001105/?source=openpr-10425

(* Please let us know if you have special requirements. We will provide the report as needed. )

Some of the companies competing in the Health Information Exchange market are

eClinicalWorks
Allscripts Healthcare, LLC
General Electric Company
Cerner Corporation
Orion Health group of companies
Health Catalyst, Inc.
Nextgen Healthcare Information System, LLC
McKesson Corporation
Optum, Inc.
Oracle Corporation

The health information exchange market is witnessing substantial growth amid the COVID-19 pandemic. A few factors such as higher emphasis on the utilization of healthcare IT infrastructure for data transfer, ease of use, and cost optimization are propelling the adoption of health information exchange during the pandemic. For instance, during the pandemic, in March 2020, HealtHIE Nevada (US), increased its patient data exchange by 36% since the beginning of the COVID-19 pandemic. Due to the growing patient volumes, the demand for EMR and EHR platforms to manage complex patient data has increased, which ultimately accelerated the market growth during the pandemic.

Regional / Country Health Information Exchange Market: North America, Europe, Asia Pacific, Middle East and Africa, Latin America

The research provides answers to the following key questions:

1. What is the estimated growth rate of the market for the forecast period 2021–2028? What will be the market size during the estimated period?
2. What are the key driving forces responsible for shaping the fate of the Health Information Exchange market during the forecast period?
3. Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Health Information Exchange market?
4. What are the prominent market trends influencing the development of the Health Information Exchange market across different regions?
5. What are the major threats and challenges likely to act as a barrier in the growth of the Health Information Exchange market?
6. What are the major opportunities the market leaders can rely on to gain success and profitability?

Interested in purchasing this report? Click here @ https://www.theinsightpartners.com/buy/TIPHE100001105/?source=openpr-10425

Thank you for reading this release. You can also customize this report to get coverage for selected chapters and regions in regions such as Asia, North America, and Europe.

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

Contact Us:

Call: +1-646-491-9876
Email: sales@theinsightpartners.com

This release was published on openPR.