HOME Top Market Reports Health Information Exchange (HIE) Market by Setup Types (Public & Private), Vendors (Web Portal & Platform), Implementation Models (Centralized, Federated, & Hybrid), Application (Interfacing, Secure Messaging) - Global Trends & Forecast to 2018

Health Information Exchange (HIE) Market by Setup Types (Public & Private), Vendors (Web Portal & Platform), Implementation Models (Centralized, Federated, & Hybrid), Application (Interfacing, Secure Messaging) - Global Trends & Forecast to 2018

By: marketsandmarkets.com
Publishing Date: March 2014
Report Code: HIT 2265

 

Enquiry Before Buying
 
purchase report
download pdf  request for customisation


The global Health Information Exchange market was valued at an estimated $558 million in 2013 and is expected to grow at a CAGR of 9.5% in the next five years. This high growth can be attributed to the incentive structure by the U.S. federal government, improvements in patient care and safety, and reduction in healthcare costs. However, factors such as the high implementation costs, slow returns on investment, and interoperability issues are hampering the growth of this market. The market is categorized by set-up type, vendor type, implementation model, and application.

The federated models segment commanded the largest share of the Health Information Exchange implementation models market. The large share of this segment can be attributed to the increasing adoption rates driven by the high secured access and ease of connectivity to any EHR component. The web portal development segment commanded the largest share of the Healthcare Information Exchange applications market. This large share is due to the increasing number of physicians opting for electronic medical records driven by web-based portals to retrieve information on patients.

In 2013, North America accounted for the largest share of the global market, followed by Asia. A number of factors such as the rising demand for enhanced patient care, growing investments, increasing population, and various initiatives undertaken by governments in countries like China, Japan, India, and South Korea, make these countries potential markets for investors in the near future.

Major players in the market include AT&T (U.S.), CareEvolution (U.S.), Cerner Corporation (U.S.), GE Healthcare (U.K.), IBM Corporation (U.S.), Intersystems (U.S.), Medicity (U.S.), Oracle (U.S.), Orion Health (U.S.), and Siemens AG (Germany), with a majority of the companies in the market from the U.S.

Scope of the Report

Healthcare Information Exchange is defined as a technology network that is used for the electronic mobilization of healthcare information across or within organizations. The data exchange takes place in a secure manner, which helps to enhance the quality of care provided. Most healthcare organizations that have adopted the Health Information Exchange technology are focusing on meeting the Meaningful Use requirements throughout their network. In both public and private markets, there are common requirements, such as enhanced patient safety and reduction in healthcare costs that are expected to be met.

Global Health Information Exchange Market

The Healthcare Information Exchange market has been segmented based on set-up types, vendors, implementation models, and applications.

By Setup

  • Public HIE
  • Private HIE

By Vendor

  • Portal-centric
  • Messaging-centric
  • Platform-centric
  • Others

By Implementation Model

  • Centralized/Consolidated HIE
  • Federated/Distributed HIE
  • Switch
  • Patient-managed
  • Hybrid HIE

By Application

  • Interfacing Internal Applications
  • Workflow Management
  • Secure Messaging
  • Web Portal Development
  • Patient Safety
  • Others

By Geography

  • North America
  • Europe
  • Asia
  • RoW (Africa, LATAM, the Middle East, and the Pacific countries)

Customization Options:

With market data, you can also customize MnM assessments that meet your company’s specific needs. Customize to get comprehensive industry standard and deep dive analysis of the following parameters:

Country/Regional Level Market Data (Paid customization)

  • Europe (U.K., Germany, France, Italy, Spain and Rest of Europe)
  • Asia (Japan, China, India, and Rest of Asia)
  • Rest of the World (Latin America, Middle East and Africa)

HIE Volume Data, by Regions (Paid customization)

  • Europe
  • Asia
  • RoW (Latin America, Middle East and Africa)

Partnership Analysis (Free customization)

  • SWOT analysis of major companies (upto 5) and strategic recommendations with reasoning for considering these as a future partner

Additional Company Profiles (Free customization)

  • Additional 5 companies can be profiled apart from those profiled in the report

Table Of Contents
 
1 Introduction (Page No. - 17)
   1.1 Objectives of The Study
   1.2 Report Description
   1.3 Markets Covered
   1.4 Stakeholders
   1.5 Market Scope
   1.6 Research Methodology
       1.6.1 Market Size Estimation
       1.6.2 Market Crackdown & Data Triangulation
       1.6.3 Key Data Points From Primary Sources
       1.6.4 Key Data Points From Secondary Sources
       1.6.5 Assumptions

2 Executive Summary (Page No. - 29)

3 Premium Insights (Page No. - 33)
   3.1 HIE Systems As A Sub-Segment of HCIT Integration Market
   3.2 Global HIE Market
   3.3 Market Dynamics
   3.4 Market Snapshot
   3.5 Market, By Vendor Type
   3.6 Market, By Implementation Models
   3.7 Applications Market
   3.8 Geographic Analysis
   3.9 Competitive Landscape

4 Market Overview (Page No. - 42)
   4.1 Introduction
       4.1.1 Hitech Act Funded $19 Billion For Promoting HIE & EHR Adoption
   4.2 Market Segmentation
   4.3 Market Dynamics
       4.3.1 Drivers
             4.3.1.1 Incentives By The Federal Government Is Boosting The HIE Adoption Rates
             4.3.1.2 Improvement in Patient Care and Safety to Propel HIE Market Growth
             4.3.1.3 Rising Demand For Reduction in Healthcare Costs to Drive The Market Growth
       4.3.2 Restraints
             4.3.2.1 High Costs and Slow Roi to Slow Down The HIE Adoption Rate
             4.3.2.2 Interoperability Issues to Hamper The Market Growth
       4.3.3 Opportunities
             4.3.3.1 The Demand For Cloud-Based Systems and Mobile Health Applications Will Accelerate HIE Growth
             4.3.3.2 Apac Region offering Huge Potential For Healthcare It Providers
       4.3.4 Trends
             4.3.4.1 Rising Adoption of EHR and PHR to Boost The Market
             4.3.4.2 Well-Defined Standards Will Define The Success of HIEs
   4.4 Porter’s Five Force Analysis
       4.4.1 Threat From New Entrants
       4.4.2 Threat From Substitutes
       4.4.3 Bargaining Power of Suppliers
       4.4.4 Bargaining Power of Buyers
       4.4.5 Degree of Competition
 
5 By Type (Page No. - 54)
   5.1 Introduction
       5.1.1 Both Public and Private HIE Systems Present Only in North America
   5.2 Public HIE
   5.3 Private HIE

6 By Vendor Type (Page No. - 64)
   6.1 Introduction
       6.1.1 HIE Service Providers
   6.2 HIE-Centric Vendors
       6.2.1 Portal-Centric
             6.2.1.1 Ease of Searching Patient Data Through Web Portals
      6.2.2 Messaging-Centric
      6.2.3 Platform-Centric
      6.2.4 Others (PHR & CDM)

7 By Implementation Model (Page No. - 74)
   7.1 Introduction
   7.2 Centralized/Consolidated
       7.2.1 Data Matching Challenge Posed At Centralized Models
   7.3 Federated/Decentralized
       7.3.1 Health Data Ownership offered By Decentralized Models
   7.4 Hybrid
       7.4.1 Hybrid Models Provide Cost Effective Data Base Solution
   7.5 Switch
   7.6 Patient Managed

8 By Application (Page No. - 90)
   8.1 Introduction
   8.2 Interfacing Internal Applications
       8.2.1 Increasing Number of Applications Requiring Interface
   8.3 Workflow Management
   8.4 Secure Messaging
   8.5 Web Portal Development
   8.6 Patient Safety
   8.7 Others

9 Geographic Analysis (Page No. - 102)
   9.1 Introduction
   9.2 North America
       9.2.1 U.S.
       9.2.2 Canada
   9.3 Europe
   9.4 Asia
   9.5 ROW

10 Competitive Landscape (Page No. - 149)
   10.1 Introduction
   10.2 Mergers & Acquisitions
   10.3 Agreements, Partnerships, Collaborations, & Joint Ventures
   10.4 New Product Launches
   10.5 Product Enhancements

11 Company Profiles (Overview, Financials, Products & Services, Strategy, & Developments)* (Page No. - 157)
   11.1 At&T, Inc.
   11.2 Careevolution
   11.3 Cerner Corporation
   11.4 Ge Healthcare
   11.5 IBM Corp.
   11.6 Intersystems
   11.7 Medicity
   11.8 Oracle
   11.9 Orion Health
   11.10 Siemens Healthcare

*Details on Financials, Product & Services, Strategy, & Developments Might Not Be Captured in Case of Unlisted Companies.

Competitive Developments (2011-2013) (Page No. - 193)


List of Tables (74 Tables)

Table 1 Global Market Revenue, By Type, 2011–2018 ($Million)
Table 2 Global Market, By Implementation Model, 2011–2018 ($Million)
Table 3 Healthcare Information Exchange Systems Market Revenue, By Geography, 2011–2018 ($Million)
Table 4 Global Health Information Exchange Systems Market Revenue, By Type, 2011–2018 ($Million)
Table 5 North America: Health Information Exchange Systems Market Revenue, By Type, 2011–2018 ($Million)
Table 6 North America: Market Volume, By Type, 2011–2018 (No. of Units)
Table 7 Public Health Information Exchange Systems Market Revenue, By Geography, 2011–2018 ($Million)
Table 8 North America: Public Health Information Exchange Systems Market Revenue, By Country, 2011–2018 ($Million)
Table 9 North America: Private Healthcare Information Exchange Systems Market Revenue, By Country, 2011–2018 ($Million)
Table 10 Private Health Information Exchange Systems Market Revenue, By Geography, 2011–2018 ($Million)
Table 11 Global Health Information Exchange -Centric Vendors Market Revenue, By Type, 2011–2018 ($Million)
Table 12 HIE Portal-Centric Vendors Market Revenue, By Geography, 2011–2018 ($Million)
Table 13 HIE Messaging-Centric Vendors Market Revenue, By Geography, 2011–2018 ($Million)
Table 14 Healthcare Information Exchange Platform-Centric Vendors Market Revenue, By Geography, 2011–2018 ($Million)
Table 15 HIE Other-Centric Vendors Market Revenue, By Geography, 2011–2018 ($Million)
Table 16 Global Health Information Exchange Implementation Models Market Revenue, By Type, 2011–2018 ($Million)
Table 17 HIE Centralized Models Market Revenue, By Geography, 2011–2018 ($Million)
Table 18 Global Health Information Exchange Centralized Models Market Revenue, By Vendor, 2011–2018 ($Million)
Table 19 HIE Decentralized Models Market Revenue, By Geography, 2011–2018 ($Million)
Table 20 Global Healthcare Information Exchange Decentralized Models Market Revenue, By Vendor, 2011–2018 ($Million)
Table 21 HIE Hybrid Models Market Revenue, By Geography, 2011–2018 ($Million)
Table 22 Global Health Information Exchange Hybrid Models Market Revenue, By Vendor, 2011–2018 ($Million)
Table 23 HIE Switch Models Market Revenue, By Geography, 2011–2018 ($Million)
Table 24 Global Health Information Exchange Switch Models Market Revenue, By Vendor, 2011–2018 ($Million)
Table 25 HIE Patient-Managed Models Market Revenue, By Geography, 2011–2018 ($Million)
Table 26 Global Health Information Exchange Patient-Managed Models Market Revenue, By Vendor, 2011–2018 ($Million)
Table 27 Global Health Information Exchange Systems Market, By Application, 2011–2018 ($Million)
Table 28 Health Information Exchange Interfacing Internal Application Market, By Geography, 2011–2018 ($Million)
Table 29 Healthcare Information Exchange Workflow Management Application Market, By Geography, 2011–2018 ($Million)
Table 30 HIE Secure Messaging Application Market, By Geography, 2011–2018 ($Million)
Table 31 HIE Webportal Development Application Market, By Geography, 2011–2018 ($Million)
Table 32 HIE Patient Safety Application Market, By Geography, 2011–2018 ($Million)
Table 33 HIE Other Applications Market, By Geography, 2011–2018 ($Million)
Table 34 Health Information Exchange Systems Market Revenue, By Geography, 2011–2018 ($Million)
Table 35 North America: Healthcare Information Exchange Systems Market Revenue, By Set-Up, 2011–2018 ($Million)
Table 36 North America: Market Volume, By Set-Up, 2011–2018 (No. of Units)
Table 37 North America: Market Revenue, By Vendor Type, 2011–2018 ($Million)
Table 38 North America: HIE Systems Market Revenue, By Implementation Model, 2011–2018 ($Million)
Table 39 North America: Public Health Information Exchange Systems Market Revenue, By Implementation Model, 2011–2018 ($Million)
Table 40 North America: Private Healthcare Information Exchange Systems Market Revenue, By Implementation Model, 2011–2018 ($Million)
Table 41 North America: HIE Centralized Models Market, By Vendor Type, 2011–2018 ($Million)
Table 42 North America: HIE Decentralized Models Market, By Vendor Type, 2011–2018 ($Million)
Table 43 North America: HIE Hybrid Models Market, By Vendor Type, 2011–2018 ($Million)
Table 44 North America: HIE Switch Models Market, By Vendor Type, 2011–2018 ($Million)
Table 45 North America: HIE Patient-Managed Models Market, By Vendor Type, 2011–2018 ($Million)
Table 46 North America: HIE Systems Market Revenue, By Application, 2011–2018 ($Million)
Table 47 Europe: Health Information Exchange Systems Market, By Vendor Type, 2011–2018 ($Million)
Table 48 Europe: HIE Systems Market Revenue, By Implementation Model, 2011–2018 ($Million)
Table 49 Europe: HIE Centralized Models Market, By Vendor Type, 2011–2018 ($Million)
Table 50 Europe: HIE Decentralized Models Market, By Vendor Type, 2011–2018 ($Million)
Table 51 Europe: HIE Hybrid Models Market, By Vendor Type, 2011–2018 ($Million)
Table 52 Europe: HIE Switch Models Market, By Vendor Type, 2011–2018 ($Million)
Table 53 Europe: HIE Patient-Managed Models Market, By Vendor Type, 2011–2018 ($Million)
Table 54 Europe: HIE Systems Market Revenue, By Application, 2011–2018 ($Million)
Table 55 Asia: Health Information Exchange Systems Market, By Vendor Type, 2011–2018 ($Million)
Table 56 Asia: HIE Systems Market, By Implementation Model, 2011–2018 ($Million)
Table 57 Asia: HIE Centralized Models Market, By Vendor Type, 2011–2018 ($Million)
Table 58 Asia: HIE Decentralized Models Market, By Vendor Type, 2011–2018 ($Million)
Table 59 Asia: HIE Hybrid Models Market, By Vendor Type, 2011–2018 ($Million)
Table 60 Asia: HIE Switch Models Market, By Vendor Type, 2011–2018 ($Million)
Table 61 Asia: HIE Patient-Managed Models Market, By Vendor Type, 2011–2018 ($Million)
Table 62 Asia: HIE Systems Market, By Application, 2011–2018 ($Million)
Table 63 ROW: Health Information Exchange Systems Market, By Vendor Type, 2011–2018 ($Million)
Table 64 ROW: HIE Systems Market, By Implementation Model, 2011–2018 ($Million)
Table 65 ROW: HIE Centralized Models Market, By Vendor Type, 2011–2018 ($Million)
Table 66 ROW: HIE Decentralized Models Market, By Vendor Type, 2011–2018 ($Million)
Table 67 ROW: HIE Hybrid Models Market, By Vendor Type, 2011–2018 ($Million)
Table 68 ROW: HIE Switch Models Market, By Vendor Type, 2011–2018 ($Million)
Table 69 ROW: HIE Patient-Managed Models Market, By Vendor Type, 2011–2018 ($Million)
Table 70 ROW: HIE Systems Market, By Application, 2011–2018 ($Million)
Table 71 Mergers & Acquisitions (2011–2013)
Table 72 Agreements, Partnerships, Collaborations, & Joint Ventures (2011–2013)
Table 73 New Product Launches (2011–2013)
Table 74 Product Enhancements (2011–2013)


List of Figures (20 Figures)

Figure 1 Market Crackdown & Data Triangulation Methodology
Figure 2 Market Forecasting Model
Figure 3 Research Output: 360o Validation
Figure 4 By Geography, 2013 Vs.2018 ($Million)
Figure 5 Global Healthcare Information Exchange Systems As A Sub-Segment of HCIT Integration Market (2013)
Figure 6 Global Market, 2011-2018 ($Million)
Figure 7 Market Dynamics
Figure 8 Market Snapshot, 2013
Figure 9 By Vendor Type, 2013 Vs 2018 ($Million)
Figure 10 Opportunity Matrix: Global Market, By Implementation Models, 2013
Figure 11 Global Market, By Applications, 2011-2018 ($Million)
Figure 12 Geographic Analysis, By Implementation Models, 2013 ($Million)
Figure 13 Geographic Reach Vs Product Portfolio, By Key Player (2013)
Figure 14 Market Segmentation
Figure 15 Porter’s Five Force Analysis
Figure 16 Global Market, By Geography, Public Vs Private,2013 ($Million)
Figure 17 Global Market, By Vendor Type, 2013 ($Million)
Figure 18 By Applications, 2013 Vs 2018
Figure 19 Geographic Scenario, Growth Phases
Figure 20 Key Growth Strategies, 2011–2013

The Health Information Exchange market is expected to grow at a strong CAGR during the study period. This is due to factors such as incentives by the U.S. federal government, improvements in patient care and safety, and reduction in healthcare costs. However, factors such as high implementation costs, slow returns on investment, and interoperability issues are hampering the growth of this market.

The Health Information Exchange systems market is mainly categorized by set-up type, vendor, implementation model, and application. Based on the type of set-up, the market is further segmented into public and private HIEs. Depending on the type of vendor, the market is classified into portal-centric, messaging-centric, platform-centric, and others. Based on implementation models, the market is categorized into centralized, decentralized, hybrid, switch, and patient-managed models. The applications considered for Healthcare Information Exchange systems are classified into interfacing internal applications, workflow management, secure messaging, web portal development, patient safety, and others.

The web portal development segment commanded the largest share of the global Health Information Exchange applications market. It is expected to grow at a strong CAGR during the study period. The large share and high growth of this segment can be attributed to the increasing number of physicians opting for electronic medical records driven by the convenience of web-based portals to retrieve information on patients.

North America dominated the market, accounting for a share of more than 80%. The leading market share of the North American region can be attributed to the presence of a large number of major manufacturers, such as AT&T, CareEvolution, Cerner Corporation, IBM Corporation, Intersystems, Medicity, and Oracle in this region. Additionally, the rising adoption of HIE and EHR technologies driven by the incentive programs introduced by the federal government are favorable factors driving the market growth.

Health Information Exchange Market, by Vendor Type, 2013 VS. 2018 ($Million)

Healthcare Information Exchange (HIE) Market

Source: Annual Reports, SEC Filings, Expert Interviews, and MarketsandMarkets Analysis

Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Please visit http://www.marketsandmarkets.com/knowledge-process-outsourcing-services.asp to specify your custom Research Requirement

Connect With Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441
UK : 44-800-368-9399

Search reports