The global healthcare interoperability solutions market size is expected to grow from $3.4 billion in 2021 to $3.85 billion in 2022 at a compound annual growth rate (CAGR) of 13.4%. The global healthcare interoperability solution market size is expected to grow to $6.44 billion in 2026 at a CAGR of 13.7%.
What is the Global Healthcare Interoprability Solutions Market?
The healthcare interoperability solutions market consists of the sale of interoperability solutions by entities (organizations, sole traders, and partnerships) used in the healthcare industry. Interoperability 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.
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What drives the Global Healthcare Interoprability Solutions Market?
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.
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https://www.thebusinessresearchcompany.com/report/healthcare-interoperability-solutions-global-market-reportGlobal Healthcare Interoprability Solutions Market Segments
The global healthcare interoprability solutions market is segmented:
By Type: Software Solutions, Services
By Software Solution: Electronic Health Record (EHR) Interoperability Solutions, Lab System Interoperability Solutions, Imaging System Interoperability Solutions, Healthcare Information Exchange Interoperability Solutions, Enterprise Interoperability Solutions, Others
By Level of Interoperability: Foundational Interoperability, Structural Interoperability, Semantic Interoperability
By End-User: Healthcare Providers, Healthcare Payers, Pharmacies
By Geography: The regions covered in the healthcare interoprability solutions market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Healthcare Interoprability Solutions Global Market Report 2022provides market size and growth forecasts for the global healthcare interoprability solutions market, global healthcare interoprability solutions market share, healthcare interoprability solutions market segments and geographies, healthcare interoprability solutions market competitive landscape including leading competitors’ revenues, profiles and market shares. The healthcare interoprability solutions market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Healthcare Interoprability Solutions Industry Playersinclude 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. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.