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Health Information Exchange Market To Witness Enigmatic Growth

Health information exchange infrastructure is being developed for data distribution and sharing between providers and also to support the sharing of the health information records systems across providers in various geographic regions of the country. Health information exchange will drive the sharing of the data amongst the providers and health systems via the Nationwide Health Information Exchange Network.

HIMSS is actively engaged in the development of Health information exchanges and HIMSS also provides a wide range of tools and statistical resources for interested professionals across the globe in Health information exchange. Health information exchange permits doctors, nurses, pharmacists, providers and patients to accurately and securely access and share any vital health information through Health information exchange with speed, safety, and quality.

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Health Information Exchange Market: Segmentation

On the basis of product type

  • Directed Health information Exchange
  • Query-based Health information Exchange
  • Consumer Mediated Health information Exchange

On the basis of end users

  • Pharmacies Health information exchange
  • Provider Health information exchange
  • Patient Health information exchange

On the basis of Set up

  • Private Health information exchange
  • Public Health information exchange

On the basis of Implementation Model

  • Federated Health information exchange
  • Centralized Health information exchange
  • Hybrid Health information exchange

On the basis of Application

  • Workflow management
  • Secure messaging
  • Internal interfacing
  • Web-portal development
  • Others (PHR and CDM)

On the basis of Solution

  • Portal-centric Health information exchange
  • Messaging-centric Health information exchange
  • Platform-centric solutions Health information exchange

On the basis of Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

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Data breaches in the health information exchange can be dangerous as the data can be obtained by anybody and can be mis-utilized. Health information exchange market is not available at all hospitals and clinical laboratories across therefore it will not be available for all.

The main opportunity in the health information exchange market is that it can be integrated with different operating systems at the hospitals, labs, and clinics. Health information exchange systems can be integrated with revenue cycle management and core administration. Advanced technology can pose to be the threat to the health information exchange market.

North America has the largest market share of the health information exchange market, trailed by Europe and Asia Pacific. The Greater share of the health information exchange market in North America is attributed to the rising figures of accountable care organizations in US and Canada to increase the healthcare facilities. Furthermore, Asia Pacific health information exchange market is projected to grow at the highest growth rate.

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Allscripts Healthcare Solutions, Inc. (U.S.), Infor, Inc. (U.S.), Cerner Corporation (U.S.), NextGen Healthcare Information Systems, Covisint Corporation (U.S), RelayHealth Corporation (U.S.), Optum, Inc. (U.S.), Epic Corporation Inc. (U.S.), Orion Health (New Zealand) and eClinicalWorks (U.S.) are selected key players in the health information exchange market globally.

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