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Health Information Exchange Market by Set Up Type, Type, Implementation Model, Application, Solution Type, & End Users - Global Forecast to 2020

  • ID: 3720112
  • Report
  • May 2016
  • Region: Global
  • 203 Pages
  • Markets and 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%

FEATURED COMPANIES

  • Arcadia Solutions, LLC
  • Cerner Corporation
  • Covisint Corporation
  • Eclinicalworks
  • Infor, Inc.
  • Intersystems Corporation
  • MORE
"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"

Health information exchange (HIE) involves the sharing of health-related information electronically among healthcare stakeholders. It enables collaboration between healthcare stakeholders, reduces administrative tasks, and provides greater transparency in the healthcare field, thus enhancing the quality, safety, and efficiency of healthcare delivery.

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%. Factors such as federal mandates like Meaningful Use, growing patient-centric approach in healthcare delivery, increasing EHR adoption rate, and reduction in healthcare costs are driving the health information exchange market. However, data security & privacy concerns and requirement of infrastructural investments to support health information exchange are restraining the growth of this market, to a certain extent.

North America accounted for the largest share of the global health information exchange market in 2015, followed by Europe, Asia-Pacific, and the Rest of the World (RoW). The large share of the North American market is attributed to mandates like Meaningful Use, increasing number of accountable care organizations and increasing adoption of HIE in hospitals. Canada’s efforts to enhance healthcare delivery, and digital health measures in Canada.

Major players in the market are focusing on various strategies such as product deployments; agreements, alliances, collaborations, and partnerships; new product launches (including product enhancements and product integration); acquisitions; expansions; and other strategies (divestment, accreditation, funding, and spin-off), to establish a strong foothold in the global health information exchange market..

Cerner Corporation (U.S.), Allscripts Healthcare Solutions, Inc. (U.S.), RelayHealth Corporation (U.S.), eClinicalWorks (U.S.), Covisint Corporation (U.S.), NextGen Healthcare Information Systems, LLC (U.S.), Infor, Inc. (U.S.), Optum, Inc. (U.S.), Medicity, Inc. (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.

Reasons to Buy the Report:

The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn helps firms to garner a greater market share. Firms purchasing the report could use any one or a combination of the below-mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) for strengthening their market shares.

The report provides insights on the following pointers:

- Market Penetration: Comprehensive information on the solutions offered by the top players in the health information exchange market. The report analyzes the health information exchange market, by type, setup type, solution, implementation model, application, and end user
- Product Development/Innovation: Detailed insights on research and development activities and new product launches in the health information exchange market
- Market Development: Comprehensive information about the lucrative emerging markets. The report analyzes the markets for health information exchange across regions
- Market Diversification: Exhaustive information about new products, untapped regions, recent developments, and investments in the health information exchange market
- Competitive Assessment: In-depth assessment of strategies, products, and distribution networks of the leading players in the health information exchange market
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FEATURED COMPANIES

  • Arcadia Solutions, LLC
  • Cerner Corporation
  • Covisint Corporation
  • Eclinicalworks
  • Infor, Inc.
  • Intersystems Corporation
  • MORE
1 Introduction
 1.1 Objectives of the Study
 1.2 Market Definition
 1.3 Market Scope
 1.3.1 Markets Covered
 1.3.2 Years Considered for the Study
 1.4 Currency
 1.5 Limitations
 1.6 Stakeholders

2 Research Methodology
 2.1 Research Methodology Steps
 2.2 Secondary and Primary Research Methodology
 2.2.1 Secondary Research
 2.2.1.1 Key Data From Secondary Sources
 2.2.2 Primary Research
 2.2.2.1 Key Industry Insights
 2.2.2.2 Key Data From Primary Sources
 2.2.2.3 Key Insights From Primary Sources
 2.3 Market Size Estimation Methodology
 2.4 Market Forecast Methodology
 2.5 Market Data Validation and Triangulation
 2.6 Assumptions

3 Executive Summary
 3.1 Introduction
 3.2 Current Scenario
 3.3 Future Outlook

4 Premium Insights
 4.1 Global Market : Market Overview
 4.2 Health Information Exchange Market, By End User and Type
 4.3 Market, By Solution (2015 vs. 2020)

5 Market Overview
 5.1 Introduction
 5.2 Market Segmentation
 5.3 Market Dynamics
 5.3.1 Drivers
 5.3.1.1 Strong Government Support and Initiatives
 5.3.1.2 Increased Measures to Improve Healthcare Quality and Care Coordination Likely to Trigger HIE Adoption
 5.3.1.3 Need to Curtail Healthcare Costs
 5.3.2 Restraints
 5.3.2.1 Data Privacy and Security Concerns
 5.3.2.2 Requirement of Significant Infrastructural Investments Coupled With Low RoI
 5.3.3 Opportunity
 5.3.3.1 Growing Usage of Ehr Solutions
 5.3.4 Challenge
 5.3.4.1 Interoperability Issues
 5.4 Interoperability Standards and Regulatory Implications
 5.4.1 Process Standards
 5.4.2 Technical Standards
 5.4.2.1 Structure and Syntax
 5.4.2.2 Transport
 5.4.3 Privacy & Security
 5.4.4 Semantic Standards

6 Analyst Corner
 6.1 Data Aggregation and Health Information Exchange
 6.1.1 Introduction
 6.1.2 Process of Data Aggregation and Exchange
 6.1.3 Selection Criteria for Healthcare Data Aggregation Solutions
 6.2 Commonwell Health Alliance
 6.2.1 Introduction
 6.2.2 Services Offered
 6.2.3 Recent Developments
 6.2.4 Analyst View

7 Health Information Exchange Market, By Setup Type
 7.1 Introduction
 7.2 Private HIE
 7.3 Public HIE

8 Health Information Exchange Market, By Type
 8.1 Introduction
 8.2 Directed Exchange (Push HIE)
 8.3 Query-Based Exchange (Pull HIE)
 8.4 Consumer-Mediated Exchange

9 Health Information Exchange Market, By Implementation Model
 9.1 Introduction
 9.2 Hybrid Models
 9.3 Centralized/Consolidated Models
 9.4 Decentralized/Federated Model

10 Health Information Exchange Market, By Application
 10.1 Introduction
 10.2 Web Portal Development
 10.3 Workflow Management
 10.4 Secure Messaging
 10.5 Internal Interfacing
 10.6 Others

11 Health Information Exchange Market, By Solution
 11.1 Introduction
 11.2 Portal-Centric
 11.3 Messaging-Centric
 11.4 Platform-Centric

12 Health Information Exchange Market, By End User
 12.1 Introduction
 12.2 Healthcare Providers
 12.3 Healthcare Payers
 12.4 Pharmacies

13 Health Information Exchange Market, By Region
 13.1 Introduction
 13.2 North America
 13.2.1 U.S.
 13.2.1.1 Federal Mandates in the U.S.
 13.2.1.2 Robust HIE Infrastructure Required in Acos
 13.2.1.3 Substantial Funding and Government Initiatives
 13.2.1.4 Growing Adoption of HIE Among Hospitals
 13.2.1.5 Rising Need to Curtail Escalating Healthcare Costs in the U.S.
 13.2.1.6 Violation of Healthcare Data Regulations Limits the Adoption of HIE Solutions
 13.2.2 Canada
 13.2.2.1 Growing Efforts to Enhance Healthcare Delivery in Canada
 13.2.2.2 Digital Health Measures in Canada
 13.2.2.3 Growing Cases of Data Breach in Canada
 13.3 Europe
 13.3.1 Government Focus on Integrating Hcit Solutions in the U.K.
 13.3.2 Rising Demand for Advanced Healthcare Solutions and Efficient Healthcare Delivery in Germany
 13.3.3 Government Initiatives to Create Potential Market for Digital Healthcare in France
 13.3.4 Increasing Focus on Ensuring Interoperability of Patient Health Records (PHR) in Italy
 13.3.5 E-Health Initiatives in Roe
 13.4 Asia-Pacific (APAC)
 13.4.1 Japan’s Ict Fund and Initiatives to Drive Ehr Adoption
 13.4.2 Investments and Reforms to Modernize China’s Healthcare Infrastructure
 13.4.3 Rapidly Growing Indian Healthcare Industry
 13.4.4 Implementation of Hcit Programs in Australia and New Zealand
 13.4.5 ‘One Singaporean, One Health Record’ Nehr Initiative
 13.5 Rest of the World (RoW)
 13.5.1 Growing Hcit Market in Latin America
 13.5.2 Rising Awareness on Hcit Solutions in Brazil
 13.5.3 Modernization and Development of Healthcare Infrastructure in the Middle East

14 Competitive Landscape
 14.1 Overview
 14.2 Competitive Situation and Trends
 14.2.1 Product Deployments
 14.2.2 Agreements, Alliances, Partnerships, and Collaborations
 14.2.3 Product Launches, Enhancements, and Integration
 14.2.4 Acquisitions
 14.2.5 Expansions
 14.2.6 Other Developments
 14.3 New Entrants

15 Company Profiles
(Business Overview, Products & Services, Developments, Mnm View)*
 15.1 Introduction
 15.2 Medicity, Inc. (A Subsidiary of Aetna, Inc.)
 15.3 Cerner Corporation
 15.4 Allscripts Healthcare Solutions, Inc.
 15.5 Intersystems Corporation
 15.6 Orion Health
 15.7 Eclinicalworks
 15.8 Infor, Inc.
 15.9 Relayhealth Corporation (A Subsidiary of Mckesson Corporation)
 15.10 Covisint Corporation
 15.11 Optum, Inc.
 15.12 Nextgen Healthcare Information Systems, LLC (A Subsidiary of Quality Systems, Inc.)
 15.13 Arcadia Solutions, LLC

*Details on Introduction, Product & Services, New Developments Might Not Be Captured in Case of Unlisted Companies.

16 Appendix
 16.1 Discussion Guide
 16.2 Company Developments (2013-2016)

List of Tables

Table 1 Enhanced Healthcare Quality and Care Coordination Propelling the Growth of the Global HIE Market
Table 2 Data Privacy and Security Concerns are Limiting the Adoption of HIE Solutions
Table 3 Growing Usage of Ehr Solutions Offers Huge Potential for the HIE Market
Table 4 Interoperability Issues-A Major Challenge for the HIE Market
Table 5 Key Regulations & Standards Governing Healthcare Information Technologies Across the Globe
Table 6 Global Health Information Exchange Market Size, By Setup Type,2013-2020 (USD Million)
Table 7 Private HIE Market Size, By Region, 2013-2020 (USD Million)
Table 8 Public HIE Market Size, By Region, 2013-2020 (USD Million)
Table 9 Global Market Size, By Type,2013-2020 (USD Million)
Table 10 Directed HIE Market Size, By Region, 2013-2020 (USD Million)
Table 11 Query-Based HIE Market Size, By Region, 2013-2020 (USD Million)
Table 12 Consumer-Mediated HIE Market Size, By Region, 2013-2020 (USD Million)
Table 13 Global Market Size, By Implementation Model, 2013-2020 (USD Million)
Table 14 Hybrid Model Market Size, By Region, 2013-2020 (USD Million)
Table 15 Centralized/Consolidated Model Market Size, By Region,2013-2020 (USD Million)
Table 16 Decentralized/Federated Model Market Size, By Region,2013-2020 (USD Million)
Table 17 Global Health Information Exchange Market Size, By Application,2013-2020 (USD Million)
Table 18 HIE Market Size for Web Portal Development, By Region,2013-2020 (USD Million)
Table 19 HIE Market Size for Workflow Management, By Region,2013-2020 (USD Million)
Table 20 HIE Market Size for Secure Messaging, By Region,2013-2020 (USD Million)
Table 21 HIE Market Size for Internal Interfacing, By Region,2013-2020 (USD Million)
Table 22 Other HIE Applications Market Size, By Region, 2013-2020 (USD Million)
Table 23 Global Health Information Exchange Market Size, By Solution,2013-2020 (USD Million)
Table 24 Portal-Centric HIE Solutions Market Size, By Region,2013-2020 (USD Million)
Table 25 Messaging-Centric HIE Solutions Market Size, By Region,2013-2020 (USD Million)
Table 26 Platform-Centric HIE Solutions Market Size, By Region,2013-2020 (USD Million)
Table 27 Global Health Information Exchange Market Size, By End User,2013-2020 (USD Million)
Table 28 MHealth Information Exchange Market Size for Healthcare Providers, By Region, 2013-2020 (USD Million)
Table 29 Health Information Exchange Market Size for Healthcare Payers,By Region, 2013-2020 (USD Million)
Table 30 Health Information Exchange Market Size for Pharmacies, By Region, 2013-2020 (USD Million)
Table 31 Health Information Exchange Market Size, By Region,2013-2020 (USD Million)
Table 32 North America: Health Information Exchange Market Size,By Country, 2013-2020 (USD Million)
Table 33 North America: Health Information Exchange Market Size,By Type, 2013-2020 (USD Million)
Table 34 North America: Health Information Exchange Market Size,By Setup Type, 2013-2020 (USD Million)
Table 35 North America: Health Information Exchange Market Size,By Application, 2013-2020 (USD Million)
Table 36 North America: Market Size,By Solution, 2013-2020 (USD Million)
Table 37 North America: Market Size,By End User, 2013-2020 (USD Million)
Table 38 North America: Market Size,By Implementation Model, 2013-2020 (USD Million)
Table 39 Top 10 Healthcare Data Breaches in the U.S. (2015)
Table 40 Healthcare Data Breaches, By Type of Entity
Table 41 U.S.: Market Size, By Type,2013-2020 (USD Million)
Table 42 U.S.: Market Size, By Setup Type,2013-2020 (USD Million)
Table 43 U.S.: Market Size, By Application,2013-2020 (USD Million)
Table 44 U.S.: Market Size, By Solution,2013-2020 (USD Million)
Table 45 U.S.: Market Size, By End User,2013-2020 (USD Million)
Table 46 U.S.: Market Size, By Implementation Model, 2013-2020 (USD Million)
Table 47 Recent Data Breach Cases in Canada
Table 48 Canada: Market Size, By Type,2013-2020 (USD Million)
Table 49 Canada: Market Size, By Setup Type,2013-2020 (USD Million)
Table 50 Canada: Market Size, By Application, 2013-2020 (USD Million)
Table 51 Canada: Market Size, By Solution,2013-2020 (USD Million)
Table 52 Canada: Market Size, By End User,2013-2020 (USD Million)
Table 53 Canada: Market Size, By Implementation Model, 2013-2020 (USD Million)
Table 54 Europe: Market Size, By Type,2013-2020 (USD Million)
Table 55 Europe: Market Size, By Setup Type,2013-2020 (USD Million)
Table 56 Europe: Market Size, By Application, 2013-2020 (USD Million)
Table 57 Europe: Market Size, By Solution,2013-2020 (USD Million)
Table 58 Europe: Market Size, By End User,2013-2020 (USD Million)
Table 59 Europe: Market Size, By Implementation Model, 2013-2020 (USD Million)
Table 60 APAC: Market Size, By Type,2013-2020 (USD Million)
Table 61 APAC: Market Size, By Setup Type,2013-2020 (USD Million)
Table 62 APAC: Market Size, By Application,2013-2020 (USD Million)
Table 63 APAC: Market Size, By Solution,2013-2020 (USD Million)
Table 64 APAC: Market Size, By End User,2013-2020 (USD Million)
Table 65 APAC: Market Size, By Implementation Model, 2013-2020 (USD Million)
Table 66 RoW: Market Size, By Type,2013-2020 (USD Million)
Table 67 RoW: Market Size, By Setup Type,2013-2020 (USD Million)
Table 68 RoW: Market Size, By Application,2013-2020 (USD Million)
Table 69 RoW: Market Size, By Solution,2013-2020 (USD Million)
Table 70 RoW: Market Size, By End User,2013-2020 (USD Million)
Table 71 RoW: Market Size, By Implementation, 2013-2020 (USD Million)
Table 72 Product Deployments (2013-2016)
Table 73 Agreements, Alliances, Partnerships, and Collaborations (2013-2016)
Table 74 Product Launches, Enhancements, and Integration (2013-2016)
Table 75 Acquisitions (2013-2016)
Table 76 Expansions (2013-2016)
Table 77 Other Developments (2013-2016)
Table 78 New Players Foraying Into the HIE Market (2005-2016):

List of Figures

Figure 1 Global Health Information Exchange Market: Research Methodology Steps
Figure 2 Sampling Frame: Primary Research
Figure 3 Break Down of Primary Interviews: By Company Type, Designation, and Region
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach (1/2)
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach (2/2)
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Research Design
Figure 8 Data Triangulation Methodology
Figure 9 North America Dominated the Global HIE Market in 2015
Figure 10 Providers Segment to Witness the Highest Growth Rate in the Forecast Period
Figure 11 APAC to Witness the Highest Growth Rate in the Forecast Period
Figure 12 Health Information Exchange Market : Strong Government Initiatives to Drive the Market
Figure 13 Healthcare Providers Dominated the Health Information Exchange Market in 2015
Figure 14 Asia-Pacific to Witness Highest Growth During the Forecast Period
Figure 15 Portal-Centric Solutions Commanded the Largest Share of the Market in 2015
Figure 16 Global Healthcare Information Exchange Market Segmentation
Figure 17 Strong Government Initiatives Driving the HIE Market
Figure 18 Selection Criteria for Healthcare Data Aggregation Solutions
Figure 19 Industry Speaks
Figure 20 Private HIE Accounted for the Largest Share for Health Information Exchange Market in 2015
Figure 21 Directed Exchange Segment Accounted for the Largest Share of Health Information Market in 2015
Figure 22 Hybrid Model Segment Accounted for the Largest Share of the Health Information Exchange Market in 2015
Figure 23 Web Portal Development Accounted for the Largest Share of Health Information Exchange Market in 2015
Figure 24 Portal-Centric Solutions Accounted for the Largest Share of Health Information Exchange Market in 2015
Figure 25 Healthcare Providers Dominated the Health Information Exchange Market in 2015
Figure 26 Asia-Pacific to Register the Highest CAGR in the Health Information Exchange Market During the Forecast Period
Figure 27 North American Health Information Exchange Market Snapshot 2015
Figure 28 European Health Information Exchange Market Snapshot, 2015
Figure 29 Asia-Pacific Health Information Exchange Market Snapshot, 2015
Figure 30 RoW Health Information Exchange Market Snapshot, 2015
Figure 31 Top 5 Strategies Adopted By Players Over the Last 4 Years (2013-2016)
Figure 32 Battle for Market Share: Product Deployments Was the Key Strategy Adopted By Market Players (2013-2016)
Figure 33 Geographic Revenue Mix of Market Players
Figure 34 Aetna, Inc.: Company Snapshot
Figure 35 Cerner Corporation: Company Snapshot
Figure 36 Allscripts Healthcare Solutions, Inc.: Company Snapshot
Figure 37 Orion Health: Company Snapshot
Figure 38 Infor, Inc.: Company Snapshot
Figure 39 Mckesson Corporation: Company Snapshot
Figure 40 Covisint Corporation: Company Snapshot
Figure 41 Quality Systems, Inc.: Company Snapshot
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Arcadia Solutions, LLC
  • Cerner Corporation
  • Covisint Corporation
  • Eclinicalworks
  • Infor, Inc.
  • Intersystems Corporation
  • MORE
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 solution, the market is segmented into portal-centric, messaging-centric, and platform-centric HIE solutions. The portal-centric HIE solutions segment accounted for the largest share in 2015. However, the platform-centric HIE solutions segment is expected to grow at the highest CAGR during the forecast period. High growth in this segment can be attributed to the growing demand of integrated solutions, which enable providers to view and exchange patient information with other stakeholders. Moreover, platform-centric solutions provide the functionality of both portal-centric and messaging-centric solutions.

By application, the market is segmented into web portal development, workflow management, secure messaging, internal interfacing, and others (personal health records and chronic disease management). The web portal development segment accounted for the largest share of the health information exchange market in 2015. However, the internal interfacing segment is expected to grow at the highest CAGR in the forecast period, owing to the rising need of streamlining workflow and reducing healthcare costs by eliminating medication errors.

By implementation model, the market is segmented into hybrid model, centralized/consolidated model, and decentralized/federated model. The hybrid model segment accounted for the largest share of the health information exchange market in 2015, and is expected to grow at the highest CAGR during the forecast period. Hybrid HIE provides controlled flow of data and supports diverse communities; this is contributing to the large share of this segment.

On the basis of end users, the market is segmented into providers, payers, and pharmacies. The providers segment accounted for the largest share of the global health information exchange market in 2015. On the basis of region, the market is categorized into North America, Europe, Asia-Pacific, and the Rest of the World (RoW).
Note: Product cover images may vary from those shown
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- Allscripts Healthcare Solutions, Inc.
- Arcadia Solutions, LLC
- Cerner Corporation
- Covisint Corporation
- Eclinicalworks
- Infor, Inc.
- Intersystems Corporation
- Medicity, Inc. (A Subsidiary of Aetna, Inc.)
- Nextgen Healthcare Information Systems, LLC (A Subsidiary of Quality Systems, Inc.)
- Optum, Inc.
- Orion Health
- Relayhealth Corporation (A Subsidiary of Mckesson Corporation)
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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