The most recent study conducted by Report Ocean, titled “Global Health Information Exchange (HIE) Market Size, Share, Pricing, Trends, Growth, Report and Forecast 2023-2030,” presents a comprehensive analysis of the worldwide market. This research delves into the factors driving the market, emerging trends, opportunities for development, as well as potential limitations that may affect the Health Information Exchange (HIE) . The report provides an estimation of the global market size and examines recent strategic actions taken by prominent international competitors.
Global Health Information Exchange (HIE) Market Size study, By Setup Type (Private HIE, Public HIE), By Implementation Model (Hybrid Models, Centralized Models, Decentralized/Federated Models Gastrointestinal Surgeries), By Type (Directed Exchange, Query-based Exchange, Consumer-mediated Exchange), By Application (Web Portal Development, Workflow Management, Secure Messaging, Internal Interfacing, Other Applications),
Request To Download Sample of This Strategic Report:- https://reportocean.com/industry-verticals/sample-request?report_id=bw5102
According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3%. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.
By Solution (Portal-centric Solutions, Messaging-centric Solutions, Platform-centric Solutions), By End User (Healthcare Providers, Healthcare Payers, Pharmacies), and Regional Forecasts 2022-2028Global Health Information Exchange (HIE) Market is valued approximately USD 1.23 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 12.2% over the forecast period 2022-2028.
Health information exchange is the electronic mobilization of health care information across organizations within a hospital or community system or country. Associates in data exchange are collectively known as Health Information Networks along with health information organization (HIO) that sponsors the data exchange is generally called as an HIE in practice. HIE facilitates the electronic transfer of medical data with numerous healthcare information systems to offer high recovery and accessibility of information. Additionally, this data also aids public health agencies in analyzing community health.
The rising number of initiatives by governments for improving patient safety and care, growing focus on patient-centric care delivery, and adoption of EMR solutions, coupled with the increased funding for healthcare interoperability are the primary factors that may surge the market demand across the globe. For instance, Change Healthcare introduced its countrywide new cloud-based interoperability solution- Clinical Data Retrieval Solution in 2021. This novel solution will help financiers to retrieve patient records from the electronic health record (EHR) systems fast and efficient way. However, the unavailability of true interoperability solutions and the increasing adoption of outdated legacy systems impedes the growth of the market over the forecast period of 2022-2028. Also, improving healthcare infrastructure in emerging markets is anticipated to act as a catalyzing factor for the market demand during the forecast period.
The key regions considered for the Global Health Information Exchange (HIE) Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the increasing awareness regarding the availability of HIE systems, the presence of non-profit organizations, and leading market players such as IBM Corporation and Medicity, Inc. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the growing population subsequent to chronic diseases, the introduction of various government initiatives, and increasing spendings on healthcare development would create lucrative growth prospects for the Health Information Exchange (HIE) market across the Asia-Pacific region.
Download Free Sample of This Strategic Report:- https://reportocean.com/industry-verticals/sample-request?report_id=bw5102
Major market players included in this report are:
GE Healthcare
IBM Corporation
Siemens AG
Orion Health, Inc.
Allscripts Healthcare Solutions, Inc.
Medicity, Inc.
CareEvolution, Inc.
Cerner Corporation
eClinicalWorks
RelayHealth Corporation
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Setup Type
Private HIE
Public HIE
By Implementation Model
Hybrid Models
Centralized Models
Decentralized/Federated Models Gastrointestinal Surgeries
By Type
Directed Exchange
Query-based Exchange
Consumer-mediated Exchange
By Application
Web Portal Development
Workflow Management
Secure Messaging
Internal Interfacing
Other Applications
By Solution
Portal-centric Solutions
Messaging-centric Solutions
Platform-centric Solutions
By End User
Healthcare Providers
Healthcare Payers
Pharmacies
To Get More Business Strategies For Request Sample Report:- https://reportocean.com/industry-verticals/sample-request?report_id=bw5102
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Russia-Ukraine War on Market
The market is anticipated to suffer because of the Russia-Ukraine War. The demand for the market has decreased as a result of the political unrest and economic unrest in the area. The war had a detrimental impact on global economic activity, adding to inflationary pressures globally and hindering the post-pandemic recovery, even if it was not the primary cause of the slower-than-anticipated economic growth in 2022 and revised estimates for 2023.
The Five Forces analysis examines the following factors:
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
The PESTLE analysis takes into account the following dimensions:
- Political factors: This includes political policies, stability, and factors related to trade, fiscal policies, and taxation policies.
- Economic factors: This involves analyzing interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates.
- Social factors: These encompass changing family demographics, education levels, cultural trends, shifts in attitudes, and changes in lifestyles.
- Technological factors: This examines changes in digital or mobile technology, automation, and research and development in the relevant industry.
- Legal factors: This entails analyzing employment legislation, consumer law, health and safety regulations, as well as international trade regulations and restrictions.
- Environmental factors: This dimension considers aspects such as climate change, recycling procedures, carbon footprint, waste disposal, and sustainability practices.
Request Full Report – https://reportocean.com/industry-verticals/sample-request?report_id=bw5102
About Report Ocean:
We are the best market research reports provider in the industry. Report Ocean is the world’s leading research company, known for its informative research reports. We are committed to providing our clients with both quantitative and qualitative research results. As a part of our global network and comprehensive industry coverage, we offer in-depth knowledge, allowing informed and strategic business conclusions to report. We utilize the most recent technology and analysis tools along with our own unique research models and years of expertise, which assist us to create necessary details and facts that exceed expectations.
Get in Touch with Us:
Report Ocean:
Email:sales@reportocean.com
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 – UNITED STATES
Tel:+1888 212 3539 (US – TOLL FREE)
Website:https://reportocean.com