North America Health Information Exchange Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Set Up (Public, and Private), Type (Query Based, Direct Mediated, and Consumer Mediated), Implementation Model (Centralized, Decentralized, and Hybrid), Application (Workflow Management, Internal Interfacing, Web Portal Development, and Other Applications), End User (Pharmacies, Healthcare Payers, and Healthcare Providers), and Deployment (On-Premise and Cloud Based)

Publication Month: Jul 2021 | Report Code: TIPRE00023514 | No. of Pages: 155 | Category: Healthcare IT | Status: Published

Covid
Assesing the covid-19 impact?
Get the Latest COVID-19 Analysis on this market
Request Now
Happy to join you in your fight against the COVID-19 economic pandemic!

The North America health information exchange market is expected to reach US$ 1,439.25 million by 2028 from US$ 665.03 million in 2021; it is estimated to grow at a CAGR of 11.7% from 2021 to 2028.

The growth of the market is attributed to some key driving factors such as government support for adoption of EMR/EHR systems and growing emphasis on healthcare cost optimization across North America. However, the data security and privacy concerns are hampering the growth of the market.

The rapid growth of health information technology has led to the increase in exchange of patient medical information through electronic health records (EHRs). The systems can collect patient information as well as share the information with other healthcare professionals involved in the patient's care. The governments, healthcare authorities, and market players are actively supporting the adoption of EHR systems to streamline the process of healthcare activities. Moreover, the systems enable efficient data gathering and exchange, allowing healthcare professionals to enhance the quality of the treatment. According to a data published on NCBI, in 2015, around 91.0% of the Canadians had their data registered on EHRs, and an estimated 91,000 physicians were using EHR systems for day-to-day work. Moreover, according to a survey conducted by Canadian Medical Association in 2017, around 85.0% of the physicians in the country were using EMR systems. Such government initiatives are expected to drive the adoption of EHR systems, which will eventually propel the growth of the health information exchange market by 2028. Also, growing emphasis of healthcare cost optimization by the implementation of certain strategies, such as adoption of cloud-based solutions and cutting of hidden fees can provide substantial cost benefits. Such advantages offered by health information exchange are likely to accelerate the growth of health information exchange market during the forecast period.

Due to the increasing patient volumes, the demand for EMR and EHR platforms to handle complex patient data has grown. As a result, hospitals are progressively focusing on building their capabilities by integrating various hospital systems with EHRs. Players operating in this market have also integrated their EHR platforms with telehealth solutions and upgraded their software solutions to help healthcare providers manage COVID-19 patients effectively. Similarly, in Canada, several government agencies are working towards the management of COVID using HIE and EHR platforms with telehealth solutions and upgraded their software solutions. Hence it has positively impacted the North America health information exchange market growth.

North America health information exchange market

Get more information on this report :


NORTH AMERICA HEALTH INFORMATION EXCHANGE MARKET SEGMENTATION

By Set Up

  • Private
  • Public

By Type

  • Direct Mediated
  • Query-based
  • Consumer Mediated

 

By Implementation Model

  • Hybrid
  • Centralized
  • Decentralized

 

By Application

  • Web Portal Development
  • Internal Interfacing
  • Workflow Management
  • Other Applications

 

By End User

  • Healthcare Providers
  • Healthcare Payers
  • Pharmacies

 

By Deployment

  • On-Premise
  • Cloud Based

By Country

  • US
  • Canada
  • Mexico

Company Profiles

  • Health Catalyst, Inc.
  • Nextgen Healthcare Information System, LLC
  • McKesson Corporation
  • Optum, Inc.
  • Oracle Corporation
  • eClinicalWorks
  • Allscripts Healthcare, LLC
  • General Electric Company
  • Cerner Corporation
  • Orion Health group of companies

 

TABLE OF CONTENTS

1.           Introduction

1.1         Scope of the Study

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        North America Health Information Exchange Market – By Set Up

1.3.2        North America Health Information Exchange Market – By Type

1.3.3        North America Health Information Exchange Market – By Implementation Model

1.3.4        North America Health Information Exchange Market – By Application

1.3.5        North America Health Information Exchange Market – By End User

1.3.6        North America Health Information Exchange Market – By Deployment

1.3.7        North America Health Information Exchange Market – By Country

2.           Health Information Exchange Market – Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           North America Health Information Exchange Market– Market Landscape

4.1         Overview

4.2         PEST Analysis

4.2.1        Health Information Exchange Market in North America: PEST Analysis

4.3         Expert Opinions

5.           Health Information Exchange Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Government Support for Adoption of EMR/EHR Systems

5.1.2        Growing Emphasis on Healthcare Cost Optimization

5.2         Market Restraints

5.2.1        Data Security and Privacy Concerns

5.3         Future Trends

5.3.1        Next Generation HIE with the Help of Artificial Intelligence and Voice Recognition

5.4         Impact Analysis

6.           Health Information Exchange Market – North America Analysis

6.1         North America Health Information Exchange Market Revenue Forecast and Analysis

7.           Health Information Exchange Market Analysis – By Set Up

7.1         Overview

7.2         Health Information Exchange Market, by Set Up 2020 & 2028 (%)

7.3         Public

7.3.1        Overview

7.3.2        Public: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)

7.4         Private

7.4.1        Overview

7.4.2        Private: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)

8.           Health Information Exchange Market Analysis – By Type

8.1         Overview

8.2         Health Information Exchange Market Revenue Share, by Type (2020 and 2028)

8.3         Query-Based

8.3.1        Overview

8.3.2        Query-Based: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)

8.4         Direct Mediated

8.4.1        Overview

8.4.2        Direct Mediated: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)

8.5         Consumer Mediated

8.5.1        Overview

8.5.2        Consumer Mediated: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)

9.           Health Information Exchange Market Analysis – By Implementation Model

9.1         Overview

9.2         Health Information Exchange Market Revenue Share, by Implementation Model (2020 and 2028)

9.3         Centralized

9.3.1        Overview

9.3.2        Centralized: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)

9.4         Decentralized

9.4.1        Overview

9.4.2        Decentralized: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)

9.5         Hybrid

9.5.1        Overview

9.5.2        Hybrid: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)

10.        Health Information Exchange Market Analysis – By Application

10.1      Overview

10.2      Health Information Exchange Market Revenue Share, by Application (2020 and 2028)

10.3      Workflow Management

10.3.1     Overview

10.3.2     Workflow Management: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)

10.4      Internal Interfacing

10.4.1     Overview

10.4.2     Internal Interfacing: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)

10.5      Web Portal Development

10.5.1     Overview

10.5.2     Web Portal Development: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)

10.6      Other Application

10.6.1     Overview

10.6.2     Other Application: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)

11.        Health Information Exchange Analysis – By End User

11.1      Overview

11.2      Health Information Exchange Share, by End User, 2020 and 2028, (%)

11.3      Healthcare Providers

11.3.1     Overview

11.3.2     Healthcare Providers: Health Information Exchange – Revenue and Forecast to 2028 (US$ Million)

11.4      Healthcare Payers

11.4.1     Overview

11.4.2     Healthcare Payers: Health Information Exchange – Revenue and Forecast to 2028 (US$ Million)

11.5      Pharmacies

11.5.1     Overview

11.5.2     Pharmacies: Health Information Exchange – Revenue and Forecast to 2028 (US$ Million)

12.        Health Information Exchange Market Analysis – By Deployment

12.1      Overview

12.2      Health Information Exchange Market Revenue Share, by Deployment (2020 and 2028)

12.3      On-Premise

12.3.1     Overview

12.3.2     On-Premise: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)

12.4      Cloud Based

12.4.1     Overview

12.4.2     Cloud Based: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)

13.        Health Information Exchange Market – North America Analysis

13.1      North America: Health Information Exchange Market

13.1.1     Overview

13.1.2     North America: Health Information Exchange Market, by Country, 2020 & 2028 (%)

13.1.2.1       US: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)

13.1.2.1.1       US: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)

13.1.2.1.2       US: Health Information Exchange Market, by Set up, 2019–2028 (USD Million)

13.1.2.1.3       US: Health Information Exchange Market, by Type, 2019–2028 (USD Million)

13.1.2.1.4       US: Health Information Exchange Market, by Implementation Model, 2019–2028 (USD Million)

13.1.2.1.5       US: Health Information Exchange Market, by Application, 2019–2028 (USD Million)

13.1.2.1.6       US: Health Information Exchange Market, by End User, 2019–2028 (USD Million)

13.1.2.1.7       US: Health Information Exchange Market, by Deployment, 2019–2028 (USD Million)

13.1.2.2       Canada: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)

13.1.2.2.1       Canada: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)

13.1.2.2.2       Canada: Health Information Exchange Market, by Set up, 2019–2028 (USD Million)

13.1.2.2.3       Canada: Health Information Exchange Market, by Type, 2019–2028 (USD Million)

13.1.2.2.4       Canada: Health Information Exchange Market, by Implementation Model, 2019–2028 (USD Million)

13.1.2.2.5       Canada: Health Information Exchange Market, by Application, 2019–2028 (USD Million)

13.1.2.2.6       Canada: Health Information Exchange Market, by End User, 2019–2028 (USD Million)

13.1.2.2.7       Canada: Health Information Exchange Market, by Deployment, 2019–2028 (USD Million)

13.1.2.3       Mexico: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)

13.1.2.3.1       Mexico: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)

13.1.2.3.2       Mexico: Health Information Exchange Market, by Set up, 2019–2028 (USD Million)

13.1.2.3.3       Mexico: Health Information Exchange Market, by Type, 2019–2028 (USD Million)

13.1.2.3.4       Mexico: Health Information Exchange Market, by Implementation Model, 2019–2028 (USD Million)

13.1.2.3.5       Mexico: Health Information Exchange Market, by Application, 2019–2028 (USD Million)

13.1.2.3.6       Mexico: Health Information Exchange Market, by End User, 2019–2028 (USD Million)

13.1.2.3.7       Mexico: Health Information Exchange Market, by Deployment, 2019–2028 (USD Million)

14.        Impact Of COVID-19 Pandemic on North America Health Information Exchange Market

14.1      North America: Impact Assessment of COVID-19 Pandemic

15.        Health Information Exchange Market– Industry Landscape

15.1      Overview

15.2      Organic Developments

15.2.1     Overview

15.3      Inorganic Developments

15.3.1     Overview

16.        Company Profiles

16.1      Health Catalyst, Inc.

16.1.1     Key Facts

16.1.2     Business Description

16.1.3     Products and Services

16.1.4     Financial Overview

16.1.5     SWOT Analysis

16.1.6     Key Developments

16.2      Nextgen Healthcare Information System, LLC

16.2.1     Key Facts

16.2.2     Business Description

16.2.3     Products and Services

16.2.4     Financial Overview

16.2.5     SWOT Analysis

16.2.6     Key Developments

16.3      McKesson Corporation

16.3.1     Key Facts

16.3.2     Business Description

16.3.3     Products and Services

16.3.4     Financial Overview

16.3.5     SWOT Analysis

16.3.6     Key Developments

16.4      Optum, Inc.

16.4.1     Key Facts

16.4.2     Business Description

16.4.3     Products and Services

16.4.4     Financial Overview

16.4.5     SWOT Analysis

16.4.6     Key Developments

16.5      Oracle Corporation

16.5.1     Key Facts

16.5.2     Business Description

16.5.3     Products and Services

16.5.4     Financial Overview

16.5.5     SWOT Analysis

16.5.6     Key Developments

16.6      eClinicalWorks

16.6.1     Key Facts

16.6.2     Business Description

16.6.3     Products and Services

16.6.4     Financial Overview

16.6.5     SWOT Analysis

16.6.6     Key Developments

16.7      Allscripts Healthcare, LLC

16.7.1     Key Facts

16.7.2     Business Description

16.7.3     Products and Services

16.7.4     Financial Overview

16.7.5     SWOT Analysis

16.7.6     Key Developments

16.8      General Electric Company

16.8.1     Key Facts

16.8.2     Business Description

16.8.3     Products and Services

16.8.4     Financial Overview

16.8.5     SWOT Analysis

16.8.6     Key Developments

16.9      Cerner Corporation

16.9.1     Key Facts

16.9.2     Business Description

16.9.3     Products and Services

16.9.4     Financial Overview

16.9.5     SWOT Analysis

16.9.6     Key Developments

16.10   Orion Health group of companies

16.10.1  Key Facts

16.10.2  Business Description

16.10.3  Products and Services

16.10.4  Financial Overview

16.10.5  SWOT Analysis

16.10.6  Key Developments

17.        Appendix

17.1      About the Insight Partners

17.2      Glossary of Terms

 

LIST OF TABLES

Table 1.             US Health Information Exchange Market, by Set Up – Revenue and Forecast to 2028 (USD Million)

Table 2.             US Health Information Exchange Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 3.             US Health Information Exchange Market, by Implementation Model – Revenue and Forecast to 2028 (USD Million)

Table 4.             US Health Information Exchange Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 5.             US Health Information Exchange Market, by End User – Revenue and Forecast to 2028 (USD Million)

Table 6.             US Health Information Exchange Market, by Deployment – Revenue and Forecast to 2028 (USD Million)

Table 7.             Canada Health Information Exchange Market, by Set Up – Revenue and Forecast to 2028 (USD Million)

Table 8.             Canada Health Information Exchange Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 9.             Canada Health Information Exchange Market, by Implementation Model – Revenue and Forecast to 2028 (USD Million)

Table 10.          Canada Health Information Exchange Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 11.          Canada Health Information Exchange Market, by End User – Revenue and Forecast to 2028 (USD Million)

Table 12.          Canada Health Information Exchange Market, by Deployment – Revenue and Forecast to 2028 (USD Million)

Table 13.          Mexico Health Information Exchange Market, by Set Up – Revenue and Forecast to 2028 (USD Million)

Table 14.          Mexico Health Information Exchange Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 15.          Mexico Health Information Exchange Market, by Implementation Model – Revenue and Forecast to 2028 (USD Million)

Table 16.          Mexico Health Information Exchange Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 17.          Mexico Health Information Exchange Market, by End User – Revenue and Forecast to 2028 (USD Million)

Table 18.          Mexico Health Information Exchange Market, by Deployment – Revenue and Forecast to 2028 (USD Million)

Table 19.          Organic Developments Done by Companies

Table 20.          Inorganic Developments Done by Companies

Table 1.             Glossary of Terms, Electronic Health Record (EHR) Market

LIST OF FIGURES

Figure 1.           Health Information Exchange Market Segmentation

Figure 2.           Health Information Exchange Market Segmentation, By Country

Figure 3.           North America Health Information Exchange Market Overview

Figure 4.           Private by Set Up Segment Expected to Witness Rapid Growth

Figure 5.           North America Health Information Exchange Market – Leading Country Markets (US$ Million)

Figure 6.           Health Information Exchange Market in North America: PEST Analysis

Figure 7.           Health Information Exchange Market Impact Analysis of Drivers and Restraints

Figure 8.           North America Health Information Exchange Market – Revenue Forecast and Analysis – 2020- 2028

Figure 9.           Health Information Exchange Market, by Set Up 2020 & 2028 (%)

Figure 10.        Public: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11.        Private: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12.        Health Information Exchange Market Revenue Share, by Type (2020 and 2028)

Figure 13.        Query-Based: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14.        Direct Mediated: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15.        Consumer Mediated: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16.        Health Information Exchange Market Revenue Share, by Implementation Model (2020 and 2028)

Figure 17.        Centralized: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18.        Decentralized: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19.        Hybrid: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20.        Health Information Exchange Market Revenue Share, by Application (2020 and 2028)

Figure 21.        Workflow Management: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22.        Internal Interfacing: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23.        Web Portal Development: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24.        Other Application: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25.        Health Information Exchange Share, by End User, 2020 and 2028 (%)

Figure 26.        Healthcare Providers Health Information Exchange – Revenue and Forecast to 2028 (US$ Million)

Figure 27.        Healthcare Payers: Health Information Exchange – Revenue and Forecast to 2028 (US$ Million)

Figure 28.        Pharmacies: Health Information Exchange – Revenue and Forecast to 2028 (US$ Million)

Figure 29.        Health Information Exchange Market Revenue Share, by Deployment (2020 and 2028)

Figure 30.        On-Premise: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31.        Cloud Based: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32.        North America: Health Information Exchange Market, by Key Country – Revenue (2020) (USD Million)

Figure 33.        North America: Health Information Exchange Market, by Country, 2020 & 2028 (%)

Figure 34.        US: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)

Figure 35.        Canada: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)

Figure 36.        Mexico: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)

Figure 37.        Impact of COVID-19 Pandemic in North American Country Markets

  1. Health Catalyst, Inc.
  2. Nextgen Healthcare Information System, LLC
  3. McKesson Corporation
  4. Optum, Inc.
  5. Oracle Corporation
  6. eClinicalWorks
  7. Allscripts Healthcare, LLC
  8. General Electric Company
  9. Cerner Corporation
  10. Orion Health group of companies
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America health information exchange market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the North America health information exchange market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution. 
TIPRE00023514
Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Pricing