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Health Information Exchange (HIE) Market Overview:
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Health Information Exchange (HIE) Market Overview: The Global Health Information Exchange (HIE) market size was worth USD 316.40 million in 2022 and is estimated to grow to USD 637.05 million by 2030, with a compound annual growth rate (CAGR) of approximately 12.45% over the forecast period. Health information exchange (HIE) is the flow of medical data between organizations within a country, among community members, or within a hospital system. Health Information Networks (HIN) are groups of people that exchange data. The need for comprehensive systems with expanded interoperability to access patients' digital medical information among healthcare providers is driving the market's expansion. Health information exchange (HIE) systems support the digital storage, retrieval, and sharing of patients' vital medical records by physicians, support personnel, and caregivers, thereby enhancing the efficiency, quality, safety, and economy of patient care. Healthcare providers can prevent prescription mistakes, readmissions, and unnecessary testing by using the actionable insights concerning patient data that the health information exchange platforms offer. Ask for FREE Sample Report PDF @ https://wemarketresearch.com/sample- request/health-information-exchange-hie-market/647 Market Growth Analysis: In the years to come, it is expected that the healthcare market's expanding public awareness of the necessity of having access to patients' health information and the emergence of several nonprofit organizations that promote the use of HIE for patient data management will be the main forces behind this trend. The market is divided into public and private sectors based on how it is set up. The digitalization of the healthcare system and the growing popularity of healthcare information exchange platforms due to enhanced provider connectivity are driving the market for healthcare information exchange. The health information exchange industry is driven by the expansion of federal government incentive programs, increasing demand for HIE and EHR innovations, and reduced healthcare costs from the removal of unnecessary testing, among other things. At the moment, market expansion is being propelled by the usage of cloud and mobile health- related data interaction. Opportunities: Patients are expected to consent to the apparent benefits of having their health information shared through Health Information Exchange (HIE), disregarding security concerns. The survey indicates that despite their reservations regarding the security and safety of information sharing protocols, patients are open to adopting HIE. Potential HIE advantages like increased safety and quality of healthcare may persuade people to agree to endorsement. Our findings also suggest that HIE is the safest method of information exchange between healthcare providers for a certain group of patients. Patients concur with
O'Donnell et al. that HIE will increase the security and privacy of their medical records. People are therefore more willing to provide their medical data if they think HIE would increase the security and privacy of such information. Get Customized Report @ https://wemarketresearch.com/customization/health- information-exchange-hie-market/647 Health Information Exchange (HIE) Market – Segmentation The Health Information Exchange (HIE) Market by set up is categorized into: •Private •Public The Health Information Exchange (HIE) Market by application is classified into: •Web Portal Development •Workflow Management •Secure Messaging •Internal Interfacing •Other Applications The Health Information Exchange (HIE) Market by type is fragmented into: •Directed Exchange •Query-based Exchange •Consumer-mediated Exchange The Regional Analysis of the Health Information Exchange (HIE) Market North America presently holds the largest share of the global health information exchange (HIE) market, largely due to the system's increasing popularity. Ongoing government measures to incorporate healthcare information exchange technologies into the healthcare sector in order to build infrastructure are also helping the regional economy. Asia-Pacific will dominate the healthcare information exchange (HIE) solutions market over the projected period. This may be related to rising healthcare expenditures and increasing government programs, which will likely boost demand in the local market. The major players in the market are: 1.General Electric (U.S.) 2.Light beam (U.S.) 3.Incite (U.S.) 4.Data Trans Solutions (U.S.) 5.Med portal, LLC. (U.S.) 6.Circlet (U.S.)
7.AXIOM Systems (U.S.) 8.arcadia.io (U.S.) 9.Open Text Corporation (Canada) 10.Inform (U.S.) 11.Orion Health group of companies (U.S.) 12.NXGN Management, LLC. (U.S.) 13.UnitedHealth Group (U.S.) 14.E Clinical Works (U.S.) 15.Cerner Corporation (U.S.) 16.All scripts Healthcare, LLC (U.S.) 17.Health Catalyst (U.S.) 18.Intersystem Corporation (U.S.) 19.Epic Systems Corporation (U.S.) 20.MEDITECH (U.S.) Click Here for Purchase Report @ https://wemarketresearch.com/purchase/health- information-exchange-hie-market/647?license=single About We Market Research: WE MARKET RESEARCH is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets. Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. WE MARKET RESEARCH is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients. Contact Us: Mr. Robbin Joseph Corporate Sales, USA We Market Research USA: +1-724-618-3925 Websites:https://wemarketresearch.com/ Email: sales@wemarketresearch.com