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Report Overview
2023
Base Year
2017-2023
Historical Year
2024-2032
Forecast Year
Global Healthcare Interoperability Solutions Market Outlook
The global healthcare interoperability solution market size was valued at USD 3.28 billion in 2023, driven by the high adoption of interoperability solutions in the healthcare sector, increasing investments to enhance healthcare facilities, and initiatives undertaken by the government to improve patient care. The market is estimated to grow at a CAGR of 13.2% during the forecast period 2024-2032 to attain a value of USD 10.02 billion by 2032.
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The industry is being driven by the growing need to reduce the rising healthcare expenditure. North America dominates the industry due to improved healthcare delivery system and advanced healthcare organisations in the region.
Market Segmentation
The various types of healthcare interoperability solutions include:
- Software Solutions
- EHR Interoperability Solutions
- Lab System Interoperability Solutions
- Imaging System Interoperability Solutions
- Healthcare Information Exchange Interoperability Solutions
- Enterprise Interoperability Solutions
- Others
- Services
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The market can be broadly categorised on the basis of its end-use into:
- Healthcare Providers
- Hospitals and Clinics
- Long-Term Care Centres
- Diagnostic and Imaging Centres
- Others
- Healthcare Payers
- Pharmacies
The EMR report looks into the regional healthcare interoperability solutions markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
Market Analysis
The global healthcare interoperability solutions market is being driven by the high adoption of interoperability solutions in the healthcare sector, increasing investments to enhance healthcare facilities, and initiatives undertaken by the government to improve patient care. The industry is further driven by the massive investment by the governments on the healthcare sector and the increased focus on patient care. North America is leading the market due to the rising demand for efficient healthcare services, the growing need to curb healthcare expenditure, and the adoption of effective interoperability solutions by healthcare organisations. The Asia Pacific region is anticipated to grow at the fastest rate due to the expanding medical research sector, increasing demand for healthcare services, increased expenditure by government on the healthcare sector, and the growing number of patients in the region.
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Competitive Landscape
The report presents a detailed analysis of the following key players in the global healthcare interoperability solutions market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Intersystems Corporation
- Orion Health Group Limited
- Allscripts Healthcare Solutions, Inc.
- Infor Inc.
- Cerner Corporation [CERN (NASDAQ)]
- iNTERFACEWARE Inc.
- OSP Labs
- NXGN Management, LLC
- Koninklijke Philips NV
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Level |
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| Breakup by Deployment |
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| Breakup by End User |
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| Breakup by Region |
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| Market Dynamics |
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| Supplier Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
It is estimated that the global market for healthcare interoperability solution will reach USD 3.28 billion in 2023.
The market is anticipated to grow at a CAGR of 13.2% during the forecast period of 2024-2032 to reach a value of USD 10.02 billion by 2032.
The major drivers of the industry, such as the growing government expenditure to enhance healthcare facilities, increased adoption of interoperability solutions, growing patient pool, and the favourable government policies, are expected to aid the market growth.
The key market trends guiding the growth of the industry include the growing adoption of data-driven technology in the healthcare sector and the growing technological advancements.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with North America accounting for the largest share in the market.
Software solutions and services are the major types of the product in the industry.
Healthcare providers, healthcare payers, and pharmacies are the significant end uses of these solutions.
The major players in the industry are Intersystems Corporation, Orion Health Group Limited, Allscripts Healthcare Solutions, Inc., Infor Inc., Cerner Corporation [CERN (NASDAQ)], iNTERFACEWARE Inc., NXGN Management, LLC [NXGN (NASDAQ)], OSPLabs, Koninklijke Philips NV, Others.
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