China leads Healthcare Information Exchange Market in Asia-Pacific region.

Asia-Pacific Healthcare Information Exchange Market research report, published by Market Data Forecast estimates that the market is growing at a CAGR of 10.44% to reach USD 323.67 million by 2021, from USD 197 million in 2016.

Healthcare information exchange provides association between different healthcare stakeholders, and provides better precision in the healthcare field, thus enhancing the quality, reduces administrative tasks. It allows doctors, pharmacists, other health care providers and patients to appropriately access and securely shares patients’ medical information electronically improving the speed, quality, safety and cost of patient care.

Healthcare information exchange is becoming one of the emerging markets in Asia. Many companies are launching new products in order to gain more market shares. Due to HIE cost-effective information transmission has been possible and helps in decision making , avoids readmissions, decreases duplicate testing, medication errors and improve diagnosis rate.

The report also presents detailed analysis of multitude of factors affecting the Healthcare Information Exchange Market bearing either positive or negative outcomes. Some of those factors are
• Increasing patient centric approach in healthcare delivery.
• Increasing demand for cost effective healthcare.
• Rising EHR acceptance rates.

For detailed understanding healthcare information exchange market is differentiated on basis of type, implementation model, setup type, application, component and end-user. Each sub segment is accompanied with Market Size Estimations and Y-o-Y Forecasts as well.

The global healthcare information exchange market is segmented on the basis of type into Direct Exchange, Query Based Exchange and Consumer Mediated Exchange. By Implementation model the market is divided among
Centralized/consolidated models, Decentralized/Federated models and Hybrid Model. On the basis of setup type, the market is split into Private and Public. Based on application market is segregated into Internal Interfacing, Secure messaging, Work flow management, Web portal Development and Patient safety. Component based segmentation is among Enterprise Master Person Index (EMPI), Healthcare Provider Directory (HPD), Record Locator Service (RLS) and Clinical Data Repository. By End user the market is divided into Healthcare provider, Public Health Agency, Medical Research Institution, Medical Professional and Patient.

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Based on geography the market is analyzed under various countries namely, China, India, Japan, South Korea and Australia. China is leading the market and Japan is estimated to grow fastest in the forecast period.
The major market players in this market are Aetna Medcity, eClinical Works, RelayHealth, Medecision, Epic Corporation Inc., Cerner Corporation, RelayHealth Corporation, Infor Inc., Intersystems, Optum Inc., Alere Wellogic, NextGen Healthcare Information Systems, LLC, Covisint Corporation, Allscripts Healthcare Solutions Inc., and Orion Health.

The Asia-Pacific Healthcare Information Exchange market report offers wide-range of scope:

• Regional and country-level analysis that provides an individual perspective of Asia-Pacific region and the aforementioned countries

• Know more about key areas of industry growth via detailed Segment-level analysis on basis of type, implementation model, setup type, application, component and end-user along with market size forecasts and y-o-y estimations

• Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics

• Strategic Analyses containing PESTLE and Porter’s Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics

• Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview

• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

• Market Outlook - Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market.

Check out other related studies in the Healthcare IT Segment:

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