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Healthcare Interoperability Solutions Global Market Report 2023

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    Report

  • 200 Pages
  • March 2023
  • Region: Global
  • The Business Research Company
  • ID: 5767238
Healthcare Interoperability system refers to the exchange of healthcare information between two or more systems. Healthcare interoperability enables seamless data sharing across healthcare organizations with the patient’s consent. Electronic health records (EHRs) along with health information exchange (HIE) services must be optimized and adopted by every healthcare firm to implement interoperability functionalities. Interoperability achievement depends on five key components namely, privacy and security, standards, rules of engagement, adoption & optimization, and financial & clinical incentives.

The main types in the healthcare interoperability solutions market are software solutions and services. The services market in the healthcare interoperability solutions consists of sales of services by entities (organizations, sole traders, and partnerships) that are used for patient care and safety. The software solutions used in healthcare interoperability solutions include EHR interoperability solutions, Lab system solutions, imaging system solutions, healthcare information exchange solutions, enterprise solutions, and other healthcare solutions. The healthcare interoperability solution market operates at the foundation level, structural level, and semantic level. Healthcare interoperability solutions are used by healthcare providers, healthcare payers, and pharmacies.

The global healthcare interoperability solutions market grew from $3.82 billion in 2022 to $4.3 billion in 2023 at a compound annual growth rate (CAGR) of 12.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The healthcare interoperability solutions market is expected to grow to $7.05 billion in 2027 at a CAGR of 13.2%.

The healthcare interoperability solutions market research report is one of a series of new reports that provides healthcare interoperability solutions market statistics, including healthcare interoperability solutions industry global market size, regional shares, competitors with a healthcare interoperability solutions market share, detailed healthcare interoperability solutions market segments, market trends and opportunities, and any further data you may need to thrive in the healthcare interoperability solutions industry. This healthcare interoperability solutions market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The increasing investments in the healthcare sector of emerging economies is a key trend gaining popularity in the healthcare interoperability solutions market. Due to the emergence of Covid, the global healthcare industry is growing tremendously leading to the increasing need for resources and attention. During the pandemic situation, Fast Healthcare Interoperability Resources (FHIR) got more attention as it uses the internet to access healthcare data. Emerging countries moving towards eHealth are adopting interoperability solutions as their first step towards digitization. The entrenched and legacy health systems are driving investments in digital health models from a wide range of economies globally. In September 2021, an America-based health information technology solution provider expanded its investment in the i.s.h.med electronic health record (EHR). i.s.h.med is the hospital information system that is integrated with the SAP solutions. Cerner’s this investment leads to its strong position in healthcare digitization.

In February 2020, Symplr, an American-based company specializing in healthcare governance, risk management, and compliance (GRC) software as a service (SaaS) platform acquired The Patient Safety Company (TPSC) for an undisclosed amount. Through this acquisition, Symplr will be able to include patient safety and incident tracking and reporting portfolios in its end-to-end GRC SaaS solutions. The Patient Safety Company (TPSC) is a Netherland-based ICT solution provider in the healthcare industry.

North America was the largest region in the healthcare interoperability solutions market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the healthcare interoperability solutions market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the healthcare interoperability solutions market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.

The government initiatives to enhance patient care and safety are expected to propel the growth of the healthcare interoperability solutions market over the coming years. The shortcoming in the healthcare system is arising due to its increasing demand in public leading to Covid -19 pandemic. Government authorities across the globe such as the Canter for Medicare & Medicaid Services (CMS) have set the goal of increasing healthcare availability by implementing advanced technologies to better treat the patients. For instance, in May 2020, CMS Interoperability and Patient Access Final Rule is published by CMS. The rule is promoting the policies that enable advanced interoperability and access to health information for all stakeholders.

The healthcare interoperability market includes revenues earned by entities by providing DevOps services, security as a service, identity and access management services, data security services, cloud infrastructure security service. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Major players in the healthcare interoperability solutions market are Cerner Corporation, Epic Systems Corporation, Koninklijke Philips N.V., ViSolve Inc., Jitterbit Inc., Quality Systems Inc., Orion Health Group Limited, Infor Inc., Allscripts Healthcare Solutions Inc., InterSystems Corporation, OSP, Interfaceware Inc., Virtusa Corp, Summit Healthcare Services Inc., Mphrx Inc., WIPRO Ltd., Emids Technologies Inc., Nalashaa Healthcare, and Deevita LLC.



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Table of Contents

1. Executive Summary

2. Healthcare Interoprability Solutions Market Characteristics

3. Healthcare Interoprability Solutions Market Trends And Strategies

4. Healthcare Interoprability Solutions Market - Macro Economic Scenario
4.1 COVID-19 Impact On Healthcare Interoprability Solutions Market
4.2 Ukraine-Russia War Impact On Healthcare Interoprability Solutions Market
4.3 Impact Of High Inflation On Healthcare Interoprability Solutions Market

5. Healthcare Interoprability Solutions Market Size And Growth
5.1. Global Healthcare Interoprability Solutions Historic Market, 2017-2022, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Healthcare Interoprability Solutions Forecast Market, 2022-2027F, 2032F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market

6. Healthcare Interoprability Solutions Market Segmentation
6.1. Global Healthcare Interoprability Solutions Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Software Solutions
  • Services
6.2. Global Healthcare Interoprability Solutions Market, Segmentation By Software Solutions, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • EHR Interoperability Solutions
  • Lab system Interoperability Solutions
  • Imaging system Interoperability Solutions
  • Healthcare Information Exchange Interoperability Solutions
  • Enterprise Interoperability Solutions
  • Other Healthcare Interoperability Solutions.
6.3. Global Healthcare Interoprability Solutions Market, Segmentation By Level of Interoperability, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Foundational Interoperability
  • Structural Interoperability
  • Semantic Interoperability
6.4. Global Healthcare Interoprability Solutions Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Healthcare Providers
  • Healthcare Payers
  • Pharmacies
7. Healthcare Interoprability Solutions Market Regional And Country Analysis
7.1. Global Healthcare Interoprability Solutions Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Healthcare Interoprability Solutions Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

8. Asia-Pacific Healthcare Interoprability Solutions Market
8.1. Asia-Pacific Healthcare Interoprability Solutions Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Healthcare Interoprability Solutions Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8.3. Asia-Pacific Healthcare Interoprability Solutions Market, Segmentation By Software Solutions, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

9. China Healthcare Interoprability Solutions Market
9.1. China Healthcare Interoprability Solutions Market Overview
9.2. China Healthcare Interoprability Solutions Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
9.3. China Healthcare Interoprability Solutions Market, Segmentation By Software Solutions, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

10. India Healthcare Interoprability Solutions Market
10.1. India Healthcare Interoprability Solutions Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
10.2. India Healthcare Interoprability Solutions Market, Segmentation By Software Solutions, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

11. Japan Healthcare Interoprability Solutions Market
11.1. Japan Healthcare Interoprability Solutions Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11.2. Japan Healthcare Interoprability Solutions Market, Segmentation By Software Solutions, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

12. Australia Healthcare Interoprability Solutions Market
12.1. Australia Healthcare Interoprability Solutions Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12.2. Australia Healthcare Interoprability Solutions Market, Segmentation By Software Solutions, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

13. Indonesia Healthcare Interoprability Solutions Market
13.1. Indonesia Healthcare Interoprability Solutions Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13.2. Indonesia Healthcare Interoprability Solutions Market, Segmentation By Software Solutions, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

14. South Korea Healthcare Interoprability Solutions Market
14.1. South Korea Healthcare Interoprability Solutions Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14.2. South Korea Healthcare Interoprability Solutions Market, Segmentation By Software Solutions, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

15. Western Europe Healthcare Interoprability Solutions Market
15.1. Western Europe Healthcare Interoprability Solutions Market Overview
15.2. Western Europe Healthcare Interoprability Solutions Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15.3. Western Europe Healthcare Interoprability Solutions Market, Segmentation By Software Solutions, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

16. UK Healthcare Interoprability Solutions Market
16.1. UK Healthcare Interoprability Solutions Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16.2. UK Healthcare Interoprability Solutions Market, Segmentation By Software Solutions, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

17. Germany Healthcare Interoprability Solutions Market
17.1. Germany Healthcare Interoprability Solutions Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17.2. Germany Healthcare Interoprability Solutions Market, Segmentation By Software Solutions, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

18. France Healthcare Interoprability Solutions Market
18.1. France Healthcare Interoprability Solutions Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18.2. France Healthcare Interoprability Solutions Market, Segmentation By Software Solutions, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

19. Eastern Europe Healthcare Interoprability Solutions Market
19.1. Eastern Europe Healthcare Interoprability Solutions Market Overview
19.2. Eastern Europe Healthcare Interoprability Solutions Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19.3. Eastern Europe Healthcare Interoprability Solutions Market, Segmentation By Software Solutions, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

20. Russia Healthcare Interoprability Solutions Market
20.1. Russia Healthcare Interoprability Solutions Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20.2. Russia Healthcare Interoprability Solutions Market, Segmentation By Software Solutions, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

21. North America Healthcare Interoprability Solutions Market
21.1. North America Healthcare Interoprability Solutions Market Overview
21.2. North America Healthcare Interoprability Solutions Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21.3. North America Healthcare Interoprability Solutions Market, Segmentation By Software Solutions, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

22. USA Healthcare Interoprability Solutions Market
22.1. USA Healthcare Interoprability Solutions Market Overview
22.2. USA Healthcare Interoprability Solutions Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22.3. USA Healthcare Interoprability Solutions Market, Segmentation By Software Solutions, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

23. South America Healthcare Interoprability Solutions Market
23.1. South America Healthcare Interoprability Solutions Market Overview
23.2. South America Healthcare Interoprability Solutions Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23.3. South America Healthcare Interoprability Solutions Market, Segmentation By Software Solutions, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

24. Brazil Healthcare Interoprability Solutions Market
24.1. Brazil Healthcare Interoprability Solutions Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24.2. Brazil Healthcare Interoprability Solutions Market, Segmentation By Software Solutions, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

25. Middle East Healthcare Interoprability Solutions Market
25.1. Middle East Healthcare Interoprability Solutions Market Overview
25.2. Middle East Healthcare Interoprability Solutions Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25.3. Middle East Healthcare Interoprability Solutions Market, Segmentation By Software Solutions, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

26. Africa Healthcare Interoprability Solutions Market
26.1. Africa Healthcare Interoprability Solutions Market Overview
26.2. Africa Healthcare Interoprability Solutions Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26.3. Africa Healthcare Interoprability Solutions Market, Segmentation By Software Solutions, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

27. Healthcare Interoprability Solutions Market Competitive Landscape And Company Profiles
27.1. Healthcare Interoprability Solutions Market Competitive Landscape
27.2. Healthcare Interoprability Solutions Market Company Profiles
27.2.1. Cerner Corporation
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Epic Systems Corporation
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Koninklijke Philips N.V.
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. ViSolve, Inc.
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. Jitterbit Inc.
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance

28. Key Mergers And Acquisitions In The Healthcare Interoprability Solutions Market

29. Healthcare Interoprability Solutions Market Future Outlook and Potential Analysis

30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Historic And Forecast Inflation Rates
30.4. Research Inquiries
30.5. About the Publisher
30.6. Copyright And Disclaimer

Executive Summary

Healthcare Interoprability Solutions Global Market Report 2023 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on healthcare interoprability solutions market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Description:

Where is the largest and fastest growing market for healthcare interoprability solutions? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The healthcare interoprability solutions market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Type: Software Solutions; Services
2) By Software Solutions: Eletronic Health Record (EHR) Interoperability Solutions; Lab System Interoperability Solutions; Imaging System Interoperability Solutions; Healthcare Information Exchange Interoperability Solutions; Enterprise Interoperability Solutions; Other Healthcare Interoperability Solutions
3) By Level of Interoperability: Foundational Interoperability; Structural Interoperability; Semantic Interoperability
4) By End User: Healthcare Providers; Healthcare Payers; Pharmacies

Companies Mentioned: Cerner Corporation; Epic Systems Corporation; Koninklijke Philips N.V.; ViSolve Inc.,; Jitterbit Inc.,

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery format: PDF, Word and Excel Data Dashboard.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Cerner Corporation
  • Epic Systems Corporation
  • Koninklijke Philips N.V.
  • ViSolve Inc.
  • Jitterbit Inc.
  • Quality Systems Inc.
  • Orion Health Group Limited
  • Infor Inc.
  • Allscripts Healthcare Solutions Inc.
  • InterSystems Corporation
  • OSP
  • INTERFACEWARE Inc.
  • VIRTUSA CORP.
  • SUMMIT HEALTHCARE SERVICES Inc.
  • MPHRX Inc.
  • WIPRO LTD.
  • EMIDS TECHNOLOGIES Inc.
  • NALASHAA HEALTHCARE
  • DEEVITA LLC

Methodology

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Table Information