The global healthcare integration market size was estimated to be USD 1.6 billion in 2023 and is expected to reach at USD 5.6 billion by 2033 with a CAGR of 12 % during the forecast period 2023-2033. Growing emphasis on interoperability, adoption of electronic health records, increasing data volumes and complexity, a shift towards value-based care, mergers and acquisitions in the healthcare industry, and rising technological advancements will drive market growth.
Healthcare integration solutions now have far more capabilities thanks to technological developments like cloud computing, application programming interfaces (APIs), and artificial intelligence (AI). While APIs allow for easy integration between apps and systems, cloud-based integration platforms provide scalability, flexibility, and cost-efficiency. For instance, Allscripts Healthcare, LLC declared in February 2023 that it had purchased Kareo, Inc. for $5.5 billion. Allscripts will be able to grow its cloud-based healthcare integration platform thanks to the acquisition, giving clinicians a more effective approach to oversee patient care.
By type, system integration was the highest revenue-grossing segment in the global healthcare integration market in 2022 owing to the increasing adoption of electronic health records (EHRs) and the need for seamless data exchange among various healthcare systems. For instance, Allscripts released a new version of their electronic health record (EHR) platform, Allscripts TouchWorks® EHR 20.0, in September 2021 with improved user experience and additional functionality. Application integration will be the fastest revenue-grossing segment in the global healthcare integration market in 2022 owing to the growing demand for interoperability and connectivity between different healthcare applications, such as patient management systems, laboratory information systems, and telehealth platforms.
By component, software was the highest revenue-grossing segment in the global healthcare integration market in 2022 owing to the increasing demand for robust and scalable software solutions that enable seamless integration of various healthcare systems. For instance, Epic announced the 'Share Everywhere' feature in November 2021. This function enables patients to securely exchange their medical records with any healthcare practitioner, regardless of the EHR system they use. Services will be the fastest revenue-grossing segment in the global healthcare integration market in 2022 owing to the growing complexity of healthcare systems and the need for specialized expertise in implementing, managing, and maintaining integration solutions.
By mode of delivery, on-premises was the highest revenue-grossing segment in the global healthcare integration market in 2022 owing to the stringent data security and compliance requirements in the healthcare industry, which drive the preference for on-premises integration solutions. For instance, IBM Watson Health announced the introduction of IBM Digital Health Pass in May 2021. This blockchain-based solution is intended to give people a safe and secure means to save and share their COVID-19 vaccination status and test results. Cloud-based will be the fastest revenue-grossing segment in the global healthcare integration market in 2022 owing to the increasing adoption of cloud computing and the numerous benefits it offers to the healthcare industry.
By end-user, hospitals and clinics was the highest revenue-grossing segment in the global healthcare integration market in 2022 owing to the increasing demand for integrated healthcare systems and the need for seamless data exchange and interoperability within hospitals and clinics. For instance, InterSystems announced the release of its IRIS for HealthTM Data Platform version 2020.4 in February 2021, which provides healthcare organisations with improved interoperability capabilities and powerful analytics functionalities. Ambulatory care centers will be the fastest revenue-grossing segment in the global healthcare integration market in 2022 owing to the increasing shift towards value-based care and the rising popularity of outpatient services.
Healthcare integration solutions now have far more capabilities thanks to technological developments like cloud computing, application programming interfaces (APIs), and artificial intelligence (AI). While APIs allow for easy integration between apps and systems, cloud-based integration platforms provide scalability, flexibility, and cost-efficiency. For instance, Allscripts Healthcare, LLC declared in February 2023 that it had purchased Kareo, Inc. for $5.5 billion. Allscripts will be able to grow its cloud-based healthcare integration platform thanks to the acquisition, giving clinicians a more effective approach to oversee patient care.
By type, system integration was the highest revenue-grossing segment in the global healthcare integration market in 2022 owing to the increasing adoption of electronic health records (EHRs) and the need for seamless data exchange among various healthcare systems. For instance, Allscripts released a new version of their electronic health record (EHR) platform, Allscripts TouchWorks® EHR 20.0, in September 2021 with improved user experience and additional functionality. Application integration will be the fastest revenue-grossing segment in the global healthcare integration market in 2022 owing to the growing demand for interoperability and connectivity between different healthcare applications, such as patient management systems, laboratory information systems, and telehealth platforms.
By component, software was the highest revenue-grossing segment in the global healthcare integration market in 2022 owing to the increasing demand for robust and scalable software solutions that enable seamless integration of various healthcare systems. For instance, Epic announced the 'Share Everywhere' feature in November 2021. This function enables patients to securely exchange their medical records with any healthcare practitioner, regardless of the EHR system they use. Services will be the fastest revenue-grossing segment in the global healthcare integration market in 2022 owing to the growing complexity of healthcare systems and the need for specialized expertise in implementing, managing, and maintaining integration solutions.
By mode of delivery, on-premises was the highest revenue-grossing segment in the global healthcare integration market in 2022 owing to the stringent data security and compliance requirements in the healthcare industry, which drive the preference for on-premises integration solutions. For instance, IBM Watson Health announced the introduction of IBM Digital Health Pass in May 2021. This blockchain-based solution is intended to give people a safe and secure means to save and share their COVID-19 vaccination status and test results. Cloud-based will be the fastest revenue-grossing segment in the global healthcare integration market in 2022 owing to the increasing adoption of cloud computing and the numerous benefits it offers to the healthcare industry.
By end-user, hospitals and clinics was the highest revenue-grossing segment in the global healthcare integration market in 2022 owing to the increasing demand for integrated healthcare systems and the need for seamless data exchange and interoperability within hospitals and clinics. For instance, InterSystems announced the release of its IRIS for HealthTM Data Platform version 2020.4 in February 2021, which provides healthcare organisations with improved interoperability capabilities and powerful analytics functionalities. Ambulatory care centers will be the fastest revenue-grossing segment in the global healthcare integration market in 2022 owing to the increasing shift towards value-based care and the rising popularity of outpatient services.
Global Healthcare Integration Market, By Region (USD Billion)
North America was the highest revenue-grossing segment in the global healthcare integration market in 2022 owing to its advanced healthcare infrastructure, significant investments in Healthcare Integration technologies, and early adoption of digital health solutions. For instance, Philips introduced the Philips HealthSuite System of Engagement in September 2021. This integrated platform includes capabilities for health data management, analytics, and AI to offer proactive and personalised healthcare. Asia Pacific will be the fastest revenue-grossing segment in the global healthcare integration market in 2022 owing to the rapid adoption of Healthcare Integration technologies, growing healthcare infrastructure, and increasing investment in digital health solutions.Global Application Integration (USD Billion), 2023 & 2033
This comprehensive research report focuses on the global and regional market size and forecasts from 2022 to 2033.Report Scope:
- Base Year: 2022
- Forecast Period: 2023-2033
- Study Coverage
- Market Forecast by Type, Component, Mode of Delivery, End-User
- Market Forecast for 5 Regions and 17+ Countries
- North America (U.S. and Canada)
- Europe (Germany, France, UK, Spain, Italy, Russia, Rest of Europe)
- Asia Pacific (China, Japan, India, Australia, South Korea, Rest of APAC)
- Latin America (Brazil, Mexico, Argentina, Rest of LATAM)
- MEA (South Africa, GCC, Rest of MEA)
- Exhaustive Company Profiles of Top 10+ Major Market Players
- 20% Free Customization Available to Meet Your Exact Requirement
Segmentation: Healthcare Integration Market Report 2022-2033
Healthcare Integration Market Analysis & Forecast by Type 2022-2033 (Revenue USD Bn)
- System Integration
- Data Integration
- Application Integration
Healthcare Integration Market Analysis & Forecast by Component 2022-2033 (Revenue USD Bn)
- Software
- Services
Healthcare Integration Market Analysis & Forecast by Mode of Delivery 2022-2033 (Revenue USD Bn)
- On-Premises
- Cloud-based
Healthcare Integration Market Analysis & Forecast by End-User 2022-2033 (Revenue USD Bn)
- Hospitals and Clinics
- Diagnostic Laboratories
- Pharmacies
- Ambulatory Care Centers
Healthcare Integration Market Analysis & Forecast by Region 2022-2033 (Revenue USD Bn)
North America
- U.S
- Canada
Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
Latin American
- Brazil
- Mexico
- Argentina
- Rest of LATAM
Middle East & Africa
- South Africa
- GCC
- Rest of MEA
Table of Contents
1. Research Methodology
2. Introduction
4. Market Environment Analysis
5. Market Dynamics
7. Healthcare EDI Market: Type Estimates & Trend Analysis
8. Healthcare EDI Market: Component Estimates & Trend Analysis
9. Healthcare EDI Market: Mode of Delivery Estimates & Trend Analysis
10. Healthcare EDI Market: End-user Estimates & Trend Analysis
11. Regional Market Analysis
12. North America Healthcare EDI Market
13. Europe Healthcare Integration Market
14. Asia Pacific Healthcare Integration Market
15. Latin America Healthcare Integration Market
16. MEA Healthcare Integration Market
17. Competitor Analysis
18. Company Profiles
Companies Mentioned
- Cerner Corporation
- Allscripts Healthcare Solutions, Inc.
- Epic Systems Corporation
- InterSystems Corporation
- NextGen Healthcare, Inc.
- Orion Health
- Corepoint Health
- Redox
- Rhapsody Integration Engine
- Jitterbit
- Health Catalyst
- Infor
- MuleSoft (a Salesforce company)
- IBM Corporation
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 145 |
| Published | July 2023 |
| Forecast Period | 2022 - 2033 |
| Estimated Market Value ( USD | $ 1.6 Billion |
| Forecasted Market Value ( USD | $ 5.6 Billion |
| Compound Annual Growth Rate | 12.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 14 |
