The health information exchange infrastructure is being developed for data distribution and cross-vendor exchange and to facilitate the exchange of health information records among providers in various geographic regions of the country. The exchange of health information will promote the exchange of data between providers and health systems through the national health information exchange network. HIMSS is actively involved in the development of health information exchanges and HIMSS also provides a wide range of tools and statistical resources to professionals worldwide interested in exchanging health information.
Asia Pacific Healthcare Information Exchange Market size was around USD 234.92 Million in 2018. It is expected to grow at a CAGR of 10.44% to reach USD 385.96 Million by 2023.
Drivers and Restraints:
Continuous development in technology advancements, increase in patient centric approach healthcare delivery, increasing HER acceptance rate, increasing need for greater access to patient health information, initiatives by government and nonprofit organizations, increased provision of funds from government. However privacy concerns and data security are the restraining factors of the market.
Major companies in the market are Aetna Medcity, eClinical Works (U.S.), Relay Health, Medecision, Epic Corporation Inc. (U.S.), Cerner Corporation (U.S.), RelayHealth Corporation (U.S.), Infor Inc. (U.S.), Intersystems, Optum Inc. (U.S.), Alere Wellogic, NextGen Healthcare Information Systems, LLC (U.S.), Covisint Corporation (U.S.), Allscripts Healthcare Solutions Inc. (U.S.), and Orion Health (New Zealand).
Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
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