Press release
Health Information Exchange (HIE) Market by Set Up Type (Public, Private), Implementation Model (Federated, Hybrid), Type (Pull, Push), Application (Web Portal, Secure Messaging), Global trends and forecast to 2029
"The global Health Information Exchange (HIE) Market is expected to grow at 12.0% CAGR from 2022 to 2029. It is expected to reach above USD 3.22 billion by 2029 from USD 1.16 billion in 2020."Exactitude Consultancy offers the 2022 Report for Health Information Exchange (HIE) Market. The goal of HIE is to encourage appropriate and secure access to and retrieval of a patient's information in order to improve the cost, quality, safety, and speed of patient care. The goal of health information exchange is to assist providers in reducing medication and medical errors, eliminating unnecessary paper work, providing caregivers with clinical decision support tools for more effective treatment, improving public monitoring and reporting, improving healthcare quality, and lowering costs.
The demand for electronic information exchange among healthcare professionals is increasing in tandem with global efforts to improve the quality, safety, and efficiency of healthcare delivery. Meaningful use mandates, new payment models that emphasize care coordination, and federal financial incentives are all driving interest and demand for HIE.
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Regional Share->
North America had the largest market share of 43%, driven by advanced technology and healthcare research, and a robust insurance plan and reimbursement system. The largest regional market for health information exchange systems is North America, followed by Europe. The APAC market is expected to grow at the fastest he CAGR during the forecast period. Rising prevalence of chronic diseases, government initiatives to support healthcare interoperability, improved healthcare infrastructure, and increasing demand from major markets such as Japan, China, and India are driving the growth of this regional market.
Some key Health Information Exchange (HIE) Market players are Cummins Inc., Kubota Corporation, Isuzu Motors Limited, Yanmar Co., and others.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Health Information Exchange (HIE) Market Segmentation:
Health Information Exchange (HIE) Market by Setup Type, 2020-2029, (USD Million)
Private HIE
Public HIE
Health Information Exchange (HIE) Market by Software, 2020-2029, (USD Million)
Hybrid Models
Centralized Models
Decentralized/Federated Models Gastrointestinal Surgeries
Health Information Exchange (HIE) Market by Type, 2020-2029, (USD Million)
Directed Exchange
Query-Based Exchange
Consumer-Mediated Exchange
Health Information Exchange (HIE) Market by Application, 2020-2029, (USD Million)
Web Portal Development
Workflow Management
Secure Messaging
Internal Interfacing
Other Applications
Health Information Exchange (HIE) Market by Solution, 2020-2029, (USD Million)
Portal-Centric Solutions
Messaging-Centric Solutions
Platform-Centric Solutions
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The Report's Table of Contents includes
1. Summary
Characteristics of the Health Information Exchange (HIE) Market
Market trends and strategies for Health Information Exchange (HIE)
Impact of COVID-19 on car care products
Five. Market size and growth of Health Information Exchange (HIE)
…… 27. Competitive Environment and Company Profiles in the Health Information Exchange (HIE) Market
Major mergers and acquisitions in the Health Information Exchange (HIE) Market
Future Outlook and Potential Analysis of Health Information Exchange (HIE) Market
30 appendix
This report covers the trends and market dynamics of the Health Information Exchange (HIE) Market in the key countries of Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and US. The report also includes consumer research and various future opportunities of the Market.
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Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
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