What is the global market size of Health Information Exchange (HIE) Market?

Health Information Exchange (HIE) Market size was valued at USD 1.38 billion in 2022 and is poised to grow from USD 1.55 billion in 2023 to USD 3.90 billion by 2031, growing at a CAGR of 12.2% in the forecast period (2024-2031).

Who are the key vendors in the Global Health Information Exchange (HIE) Market?

Competition in the global Health Information Exchange (HIE) market is expected to increase during the forecast period because new players are expected to enter the global market and the number of services compatible with Health Information Exchange (HIE) will also increase. Currently, only a few key players are providing their services in the global market but these numbers will increase in the upcoming years. 'Allscripts Healthcare Solutions, Inc.', 'Cerner Corporation', 'eClinicalWorks', 'Epic Systems Corporation', 'GE Healthcare', 'Health Catalyst', 'IBM Corporation', 'InterSystems Corporation', 'Koninklijke Philips N.V.', 'McKesson Corporation', 'MEDITECH', 'NextGen Healthcare, Inc.', 'Optum, Inc.', 'Orion Health', 'Siemens Healthineers', 'Softheon, Inc.', 'Sunquest Information Systems, Inc.', 'Syntellis Performance Solutions', 'The Advisory Board Company', 'ZeOmega Inc.'

Health Information Exchange (HIE) Market Size, Share, Trends & Forecast

Health Information Exchange (HIE) Market Competitive Landscape

Health Information Exchange Market Top Player’s Company Profiles

Orion Health
Siemens Healthineers AG
Veradigm LLC
Medical Information Technology, Inc.
Oracle
Koninklijke Philips N.V.
Chetu Inc.
Aigilx Health
Health Catalyst, Inc
EPIC Systems Corporation
Intersystems Corporation
Kellton
eClinicalWorks
Nxgn Management, LLC
Telstra Health
CGI INC.
Meditab
Dreamsoft4u
Excelicare
Deloitte

Health Information Exchange Market

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Global Health Information Exchange Market size was valued at USD 1.5 billion in 2022 and is poised to grow from USD 1.6 billion in 2023 to USD 3.3 billion by 2031, growing at a CAGR of 9.5% during the forecast period (2024-2031).

Competition in the global Health Information Exchange (HIE) market is expected to increase during the forecast period because new players are expected to enter the global market and the number of services compatible with Health Information Exchange (HIE) will also increase. Currently, only a few key players are providing their services in the global market but these numbers will increase in the upcoming years. 'Orion Health', 'Siemens Healthineers AG', 'Veradigm LLC', 'Medical Information Technology, Inc.', 'Oracle', 'Koninklijke Philips N.V.', 'Chetu Inc.', 'Aigilx Health', 'Health Catalyst, Inc', 'EPIC Systems Corporation', 'Intersystems Corporation', 'Kellton', 'eClinicalWorks', 'Nxgn Management, LLC', 'Telstra Health', 'CGI INC.', 'Meditab', 'Dreamsoft4u', 'Excelicare', 'Deloitte'

The healthcare industry across the globe a seeing a gradual shift away from institution centric frameworks towards the patient centered care delivery due to the increasing penetration of communication technologies in healthcare industries.In contrast to institution centric frameworks, the patient centric care is associated with number of advantages including reduced hospital admission, decreased expenditure and reduced pressure on an already burdened system. Due to these advantages, patients tend to report positive experience, have more trust in their providers and are less likely to switch physicians, allowing for more continuity in care.This major benefits provided by health information exchange tends to increase the market in future.

Due to the rising inflation, the file access to interchange of patient health information, the concept of electronic health information exchange is crucial in improving the quality, speed, safety and most importantly, cost of patient treatment.Electronic health data transmission between clinicians and physicians minimize the need for excessive papers and record handling cost.Moreover, early sharing of patient data enables for better decision making and prevents readmissions and prescription errors and resisting expenditures.

Globally, North America is estimated to hold the highest global Health Information Exchange (HIE) market share in 2021. Main factors during this growth period are the presence of top market players,growing government's initiative, increasing demand for EIH and others.

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Health Information Exchange (HIE) Market Competitive Landscape

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Health Information Exchange (HIE) Market Competitive Landscape

Health Information Exchange (HIE) Market Report Snapshots

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What is the global market size of Health Information Exchange (HIE) Market?

Who are the key vendors in the Health Information Exchange (HIE) Market?

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What is the key market trend for Health Information Exchange (HIE) Market?

Which region accounted for the largest share in Health Information Exchange (HIE) Market?

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