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Pulished Date February, 2020
ID: 1587
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North America Healthcare Information Exchange Market Research Report – Segmented By Type, Implementation Model, Application, Component, Country (US, Canada and Rest of North America) - Industry Analysis on Size, Share, Growth, Trends, Forecast | 2020 to 2025

Pulished: February, 2020
ID: 1587
Pages: 145

North America HIE Market Size (2020 to 2025)

The size of the Healthcare Information Exchange Market in North America is estimated to grow USD 581.49 million by 2024 from USD 387.61 million in 2019, showcasing a CAGR of 8.45% during the forecast period. The North America Healthcare Information Exchange market has matured and a number of vendors are beginning to stand out.

North America is having the largest healthcare information exchange market share in all regions. Governments of North American countries are supporting the facilities by giving funds. These services ratify the reduced usage of paper and continuing electronic devices to store the data or records of the patient's history. The software is available in every aspect. It permits data to be replaced between the clinician, pharmacy, hospitals, lab technician, and patients. The rise in income across North American countries is a major driving aspect for the growth of the market.

Health information exchange (HIE) involves the sharing of health-related information electronically among healthcare stakeholders. The information must be shared between non-owned facilities, meaning the organizations are part of separate organizations.

MARKET DYNAMICS

The increased awareness of medical information exchange technology and the need for cooperation among stakeholders are the key growth drivers for the North American health information exchange market. Also, the increase in U.S. government incentive programs and the high costs associated with current medical information exchange systems are other predictable factors driving the development of the medical information exchange industry. It has been noted that 80% of providers report that electronic data exchange improves patient efficiency. Also, support from government and non-government institutions through investments is fueling the growth of the healthcare information exchange market. Increased investment in building government data exchange infrastructures is additionally levelling up the demand of the market.

The privacy concern issues and huge initial infrastructure investments are hindering North America Healthcare Information Exchange Market growth.

The ability to integrate with a variety of hospital, laboratory and clinic operating systems is bolstering the growth rate of the market. The health information exchange system can be integrated with revenue cycle management and core management. Advanced technologies can pose a threat to the health information exchange market and the adoption of the HIE system is expected to increase soon which is to present growth opportunities for the market. Increasing demand for large volumes of medical data collection, storage, and secure exchange is also to lavish the growth rate of the market. 

The improvement of technology in optimum cost and the low return on investment (ROI) are major challenges in the North America Healthcare Information Exchange Market.

This research report has been segmented and sub-segmented into the following categories:

  • By Type: Direct Exchange, Query Based Exchange and Consumer Mediated Exchange
  • By Implementation Model: Centralized/consolidated models, Decentralized/Federated models and Hybrid Model
  • By Setup Type: Private and Public
  • By Application: Internal Interfacing, Secure messaging, Workflow management, Web portal Development and Patient safety
  • By Component: Enterprise Master Person Index (EMPI), Healthcare Provider Directory (HPD), Record Locator Service (RLS) and Clinical Data Repository)
  • By  Country: The United States, Canada and Rest of North America

Regionally, USA is dominating the healthcare information exchange followed by Canada.

The U.S. Healthcare Information Exchange Market

In the U.S, hospitals are using this software and technology to keep the fast access to the wealth of the clinical data. They have found these techniques very cost-saving. There are many possible things like the options available for the providers in the software also the mechanism. But sometimes the technological issues in the system create challenges to the users, which lacks the clear goal of the market. This may be the threat of the healthcare information exchange market. These help the physicians to keep the medical data of patients.

Canada Healthcare Information Exchange Market

Canada is using interoperable electronic health record metric. It can access by two or more domains, e.g., digital imaging, laboratories and the drug information system. These tools are very valuable; they can keep nearly 2300 clinicians and their patient's records and profiles. The physicians say that the software is very helpful for them that they can have all the necessary data about their patients to be available in need. These factors are boosting the regional healthcare information exchange market growth.

The major market players in the North American Healthcare Information Exchange 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.

1.Introduction                                  

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                           

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                              

                2.2 Research Phases                      

                                2.2.1 Secondary Research            

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling     

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                      

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                             

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                      

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market               

5. Market Segmentation                                              

                5.1 Type                              

                                5.1.1 Introduction           

                                5.1.2 Direct Exchange   

                                5.1.3 Query Based Exchange       

                                5.1.4 Consumer Mediated Exchange      

                5.2 Implementation Model                         

                                5.2.1 Introduction           

                                5.2.2 Centralized/consolidated models 

                                5.2.3 Decentralized/Federated models  

                                5.2.4 Hybrid Model        

                5.3 Setup Type                 

                                5.3.1 Introduction           

                                5.3.2 Private      

                                5.3.3 Public        

                5.4 Application                 

                                5.4.1 Introduction           

                                5.4.2 Internal Interfacing             

                                5.4.3 Secure messaging

                                5.4.4 Work flow management   

                                5.4.5 Web portal Development

                                5.4.6 Patient safety        

                5.5 Component               

                                5.5.1 Introduction           

                                5.5.2 Enterprise Master Person Index (EMPI)      

                                5.5.3 Healthcare Provider Directory (HPD)           

                                5.5.4 Record Locator Service (RLS)           

                                5.5.5 Clinical Data Repository    

                5.6 End User                     

                                5.6.1 Introduction           

                                5.6.2 Healthcare provider            

                                5.6.3 Public Health Agency          

                                5.6.4 Medical Research Institution           

                                5.6.5 Medical Professional          

                                5.6.6 Patient     

6. Geographical Analysis                                              

                6.1 Introduction                              

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Type

                                                6.1.3.3 By Implementation Model

                                                6.1.3.4 By Setup Type

                                                6.1.3.5 By Application

                                                6.1.3.6 By Component

                                                6.1.3.7 By End User

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Type

                                                6.1.4.3 By Implementation Model

                                                6.1.4.4 By Setup Type

                                                6.1.4.5 By Application

                                                6.1.4.6 By Component

                                                6.1.4.7 By End User

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Type

                                                6.1.5.3 By Implementation Model

                                                6.1.5.4 By Setup Type

                                                6.1.5.5 By Application

                                                6.1.5.6 By Component

                                                6.1.5.7 By End User

                6.2 United States                            

                6.3 Canada                         

7.Strategic Analysis                                        

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental      

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services

                                7.2.5 Competitive Rivalry within the Industry      

8.Market Leaders' Analysis                                          

                8.1 Aetna Medcity                          

                                8.1.1 Overview

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Intersystems                             

                8.3 RelayHealth               

                8.4 Medecision                

                8.5 Alere Wellogic                           

                8.6 Allscripts Healthcare Solutions Inc.                   

                8.7 RelayHealth Corporation                      

                8.8 Infor Inc.                      

                8.9 Cerner Corporation                 

9.Competitive Landscape                                            

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                        

                9.3 Agreements, collaborations and Joint Ventures                          

                9.4 New Product Launches                          

10.Market Outlook and Investment Opportunities                                           

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • 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
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

 

  1. North America Healthcare Information Exchange Market, By Type, From 2020 to 2025 (USD Billion)
  2. North America Direct Exchange Market, By Region, From 2020 to 2025 (USD Billion)
  3. North America Query Based Exchange Market, By Region, From 2020 to 2025 (USD Billion)
  4. North America Consumer Mediated Exchange Market, By Region, From 2020 to 2025 (USD Billion)
  5. North America Healthcare Information Exchange Market, By Implementation Model, From 2020 to 2025 (USD Billion)
  6. North America Centralized/consolidated models Market, By Region, From 2020 to 2025 (USD Billion)
  7. North America Decentralized/Federated models Market, By Region, From 2020 to 2025 (USD Billion)
  8. North America Hybrid Model Market, By Region, From 2020 to 2025 (USD Billion)
  9. North America Healthcare Information Exchange Market, By Setup Type, From 2020 to 2025 (USD Billion)
  10. North America Private Market, By Region, From 2020 to 2025 (USD Billion)
  11. North America Public Market, By Region, From 2020 to 2025 (USD Billion)
  12. North America Healthcare Information Exchange Market, By Application, From 2020 to 2025 (USD Billion)
  13. North America Internal Interfacing Market, By Region, From 2020 to 2025 (USD Billion)
  14. North America Secure messaging Market, By Region, From 2020 to 2025 (USD Billion)
  15. North America Work flow management Market, By Region, From 2020 to 2025 (USD Billion)
  16. North America Web portal Development Market, By Region, From 2020 to 2025 (USD Billion)
  17. North America Patient safety Market, By Region, From 2020 to 2025 (USD Billion)
  18. North America Healthcare Information Exchange Market, By Component, From 2020 to 2025 (USD Billion)
  19. North America Enterprise Master Person Index (EMPI) Market, By Region, From 2020 to 2025 (USD Billion)
  20. North America Healthcare Provider Directory (HPD) Market, By Region, From 2020 to 2025 (USD Billion)
  21. North America Record Locator Service (RLS) Market, By Region, From 2020 to 2025 (USD Billion)
  22. North America Clinical Data Repository Market, By Region, From 2020 to 2025 (USD Billion)
  23. North America Healthcare Information Exchange Market, By End User, From 2020 to 2025 (USD Billion)
  24. North America Healthcare provider Market, By Region, From 2020 to 2025 (USD Billion)
  25. North America Public Health Agency Market, By Region, From 2020 to 2025 (USD Billion)
  26. North America Medical Research Institution Market, By Region, From 2020 to 2025 (USD Billion)
  27. North America Medical Professional Market, By Region, From 2020 to 2025 (USD Billion)
  28. North America Patient Market, By Region, From 2020 to 2025 (USD Billion)
  29. United States Healthcare Information Exchange Market, By Type, From 2020 to 2025 (USD Billion)
  30. United States Healthcare Information Exchange Market, By Implementation Model, From 2020 to 2025 (USD Billion)
  31. United States Healthcare Information Exchange Market, By Setup Type, From 2020 to 2025 (USD Billion)
  32. United States Healthcare Information Exchange Market, By Application, From 2020 to 2025 (USD Billion)
  33. United States Healthcare Information Exchange Market, By Component, From 2020 to 2025 (USD Billion)
  34. United States Healthcare Information Exchange Market, By End User, From 2020 to 2025 (USD Billion)
  35. Canada Healthcare Information Exchange Market, By Type, From 2020 to 2025 (USD Billion)
  36. Canada Healthcare Information Exchange Market, By Implementation Model, From 2020 to 2025 (USD Billion)
  37. Canada Healthcare Information Exchange Market, By Setup Type, From 2020 to 2025 (USD Billion)
  38. Canada Healthcare Information Exchange Market, By Application, From 2020 to 2025 (USD Billion)
  39. Canada Healthcare Information Exchange Market, By Component, From 2020 to 2025 (USD Billion)
  40. Canada Healthcare Information Exchange Market, By End User, From 2020 to 2025 (USD Billion)

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