Health Information Exchange Market by Set Up Type and Implementation Model

(IT-NEWSWIRE.COM, December 26, 2018 ) According to the new market research report "Health Information Exchange Market by Set Up Type (Public, Private), Type (Pull, Push), Implementation Model (Federated, Hybrid), Application (Web Portal, Secure Messaging), Solution Type (Portal, Platform Centric), & End Users - Global Forecast to 2020", published by MarketsandMarkets™, analyzes and studies the major market drivers, restraints/challenges, opportunities, key players, competitive landscape, and geographical markets.

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The health information exchange market is expected to reach USD 1,545.0 Million by 2020 from USD 990.6 Million in 2015, at a CAGR of 9.3%. North America dominated the market in 2015, followed by Europe, Asia-Pacific, and the Rest of the World (RoW). However, the Asia-Pacific region is expected to grow at the highest CAGR during the forecast period.

On the basis of type, the health information exchange market is segmented into directed exchange, query-based exchange, and consumer-mediated exchange. The directed exchange segment accounted for the largest share of the global market in 2015. Directed exchange supports point-to-point transactions and transmits documents to physicians’ EHR; this is contributing to the large share of this segment.

By setup type, the health information exchange market is segmented into private and public HIE. The private HIE segment accounted for the largest share of the market in 2015 and is expected to grow at the highest CAGR during the forecast period. Factors such as rising number of ACOs and technical capability to connect with other private exchanges are contributing to the large share of this segment.

By implementation, the health information exchange market is categorized into centralized, federated/decentralized, hybrid, switch, and health record banking or patient -managed models. The hybrid model segment accounted for the largest share of the global health information exchange market, by implementation model, in 2015. Factors such as controlled flow of data and support to diverse communities are influencing the demand for hybrid models

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78 - Tables

41 - Figures

201 - Pages

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Allscripts Healthcare Solutions, Inc. (U.S.), RelayHealth Corporation (U.S.), Infor, Inc. (U.S.), Cerner Corporation (U.S.), eClinicalWorks (U.S.), NextGen Healthcare Information Systems, LLC (U.S.), Optum, Inc. (U.S.), Covisint Corporation (U.S.), Epic Corporation Inc. (U.S.), and Orion Health (New Zealand) are some of the key players in the global health information exchange market.

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Health Information Exchange Market by Set Up Type and Implementation Model