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Impact of Covid-19 On North America Health Information Exchange Market 2021 | Enormous Growth With Recent Trends & Demand By Top Vendors Health Catalyst Inc., Nextgen Healthcare Information System LLC, McKesson Corporation, Optum Inc

The Health Information Exchanges (HIEs) are crucial for connecting communities and ensuring patient health records are always available. Healthcare information exchange is an integral and significant element of health information technology (HIT) infrastructure. Healthcare information exchange refers to the deployment of healthcare information electronically.

The North America Health Information Exchange Market is expected to reach US$ 1,439.25 million by 2028 from US$ 665.03 million in 2021; it is estimated to grow at a CAGR of 11.7% from 2021 to 2028. The growth of the market is attributed to some key driving factors such as government support for adoption of EMR/EHR systems and growing emphasis on healthcare cost optimization across North America. However, the data security and privacy concerns are hampering the growth of the market.

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Leading North America Health Information Exchange Market Players: Health Catalyst Inc., Nextgen Healthcare Information System LLC, McKesson Corporation, Optum Inc., Oracle Corporation, eClinicalWorks, Allscripts Healthcare LLC, General Electric Company, Cerner Corporation, Orion Health group of companies

North America Health Information Exchange market report also provide a thorough understanding of the cutting-edge competitive analysis of the emerging market trends along with the drivers, restraints, challenges, and opportunities in the North America Health Information Exchange market to offer worthwhile insights and current scenario for making right decision. The report covers the prominent players in the market with detailed SWAT analysis, financial overview, and key developments of the products/services from the past three years. Moreover, the report also offers a 360º outlook of the market through the competitive landscape of the regional industry player and helps the companies to garner North America Health Information Exchange market revenue by understanding the strategic growth approaches.

North America Health Information Exchange Market Segmentation:

  • Based on the set up, the North America health information exchange market was segmented into public and private. In 2020, the private segment held the largest share of the market and is expected to grow at the fastest rate during the coming years.
  • The North America health information exchange market, by type, is segmented into query-based, direct mediated, and consumer mediated. The direct mediated segment held the largest share of the market in 2020 and is anticipated to register the highest CAGR in the market during the forecast period.
  • The North America health information exchange market, by implementation model, is segmented into hybrid, centralized, and decentralized. The hybrid segment held the largest share of the market in 2020 and is anticipated to register the highest CAGR in the market during the forecast period.
  • The North America health information exchange market, by application, is segmented into internal interfacing, web portal development, workflow management and other applications. The web portal development segment held the largest share of the market in 2020, whereas the internal interfacing segment is anticipated to register the highest CAGR in the market during the forecast period.

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The report is a combination of qualitative and quantitative analysis of the North America Health Information Exchange market. The report also focuses on the exhaustive pest analysis and extensive market dynamics during the forecast period.

Reason to buy

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the regional North America Health Information Exchange market.
  • Highlights key business priorities in order to guide the companies to reform their business strategies and establish themselves in the wide geography.
  • The key findings and recommendations highlight crucial progressive industry trends in the North America Health Information Exchange market, thereby allowing players to develop effective long term strategies in order to garner their market revenue.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth regional market trends and outlook coupled with the factors driving the market, as well as those restraining the growth at a certain extent.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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