HOME Top Market Reports Healthcare Integration Market by Products (Interface Engine, Medical Device Integration, Media Integration), Services (Implementation, Maintenance, Training), Applications (Hospitals, Radiology, Laboratory, Clinics, HIE) - Global Forecast to 2018

Healthcare Integration Market by Products (Interface Engine, Medical Device Integration, Media Integration), Services (Implementation, Maintenance, Training), Applications (Hospitals, Radiology, Laboratory, Clinics, HIE) - Global Forecast to 2018

By: marketsandmarkets.com
Publishing Date: March 2014
Report Code: HIT 2262

 

  Speak to Analyst Enquiry Before Buying
 
purchase report
download pdf  request for customisation


The healthcare service provider industry has a plethora of information in the form of patient records, medical images, patient bills, prescriptions, insurance claims, and research data. Healthcare providers and healthcare organizations are not only required to store data but are also required to process and maintain this data using various data management and processing solutions. The healthcare providers are also required to make this data available on demand and across boundaries, and at the same time to focus on their core function of delivery of patient care.

Generally, hospitals and other healthcare providers have various systems for different aspects of services they provide, which are often unable to communicate with each other. In such cases, Healthcare integration is recognized as one of the most effective tools for providing a framework for the exchange, integration, sharing, and retrieval of electronic health information with advanced security. Thus, driven by information needs, technologies from healthcare integration market are increasingly being adopted by healthcare organizations to mobilize the healthcare information across or within the organization. This also helps healthcare organizations to enhance the quality of care provided.

This report analyzes the global healthcare integration market based on products (integration/interface engines, device integration software, media integration solutions, and other integration tools), services (implementation, support and maintenance, and training), applications (hospitals, laboratories, radiology centers, clinics, device integration, HIE, and others), and geography (North America, Europe, Asia, and the Rest of the World).

The healthcare integration market is expected to grow at a CAGR of 9.6% in the forecast period, to reach $2,745.9 million by 2018 from $1,737.3 million in 2013. Factors such as the rising healthcare costs, presence of strong government support and initiatives, growing need to integrate healthcare systems, and high returns on investment have increased the demand for healthcare integration. However, various interoperability issues, presence of a fragmented end-users market, and the high cost of implementation of healthcare integration are the factors that are restraining the growth of this market to a certain extent.

North America accounted for the largest share of 65% to 70% of the global healthcare integration market, followed by Europe with a share of nearly 20%. However, the Asian countries represent the fastest-growing markets. The high growth in these countries can be attributed to the increasing awareness regarding healthcare, growth in healthcare spending in emerging countries, and the presence of a large and diverse population in this region.

The prominent players in the market are InterSystems (U.S.), Corepoint Health (U.S.), Siemens AG (Germany), Orion Health (New Zealand), Infor (U.S.), Interfaceware (Canada), Enovacom (France), Cerner Corporation (U.S.), Capsule (U.S.), Accenture (Ireland), Capgemini (France), IBM Corporation (U.S.), Allscripts (U.S.), Oracle (U.S.), and AVI-SPL (U.S.).

Scope of the report:

This research report categorizes the global healthcare integration market into the following segments and sub-segments:

  • By Product
    • Integration/Interface Engines
    • Device Integration Software
    • Media Integration Solutions
    • Other Integration Tools
  • By Service
    • Implementation Services
    • Support and maintenance Services
    • Training Services
  • By Application
    • Internal Integration
      • Hospital Integration
      • Lab Integration
      • Equipment/Device Integration
      • Clinics Integration
      • Radiology Centers Integration
      • Other Applications
    • External Integration (HIE)
      • Public HIE
      • Private HIE
  • By Geography
    • North America
      • U.S.
      • Canada
    • Europe
    • Asia
    • Rest of the World

Table Of Contents
 
1 Introduction (Page No. - 14)
   1.1 Objectives of The Study
   1.2 Report Description
   1.3 Markets Covered
   1.4 Stakeholders
   1.5 Research Methodology
       1.5.1 Market Size Estimation
       1.5.2 Market Crackdown and Data Triangulation
       1.5.3 Key Data Points From Secondary Sources
       1.5.4 Key Data Points From Primary Sources

2 Executive Summary (Page No. - 23)

3 Premium Insights (Page No. - 28)
   3.1 Interface/Integration Engines—Backbone of Healthcare Integration
   3.2 Hospital Integration Remains The Largest Application Area of Healthcare Integration Across Geographies
   3.3 Global Healthcare Integration Market—Major Players

4 Market Dynamics (Page No. - 34)
   4.1 Introduction
   4.2 Market Segmentation
   4.3 Market Dynamics
   4.4 Key Market Drivers
       4.4.1 Integrated Healthcare Environment To Curtail The Healthcare Cost Burden
       4.4.2 Strong Government Support and Initiatives To Drive The Market
       4.4.3 Growing Need To Integrate Healthcare Systems
       4.4.4 High Roi Has Increased The Demand For Healthcare IT Integration
       4.4.5 Accountable Care Organization To Drive The Adoption of HCIT Integration
   4.5 Key Market Restraints
       4.5.1 Interoperability Issues To Inhibit The Growth
       4.5.2 Fragmented End-User Market Limits Integration Standards
       4.5.3 High Cost of HCIT Integration
   4.6 Key Market Opportunities
       4.6.1 Ehr Market Growth Provides Significant Opportunities For Integration
       4.6.2 Increasing Approach Towards Value-Based Medicine Due To Peer Pressure
   4.7 Key Market Challenges
       4.7.1 Ensuring Secure Patient Information Exchange
       4.7.2 Physician Reluctance Towards Adopting New Advanced Systems
   4.8 Market Share Analysis
       4.8.1 Medical Device Integration Software Market
       4.8.2 Media Integration Solutions Market

5 Healthcare Integration Market, By Products and Services (Page No. - 50)
   5.1 Introduction
   5.2 Healthcare Integration Market, By Products
       5.2.1 Interface/Integration Engines
       5.2.2 Medical Device Integration Software
       5.2.3 Media Integration Solutions
       5.2.4 Other Integration Tools
   5.3 Healthcare Integration Market, By Service Type
       5.3.1 Implementation Services
       5.3.2 Support and Maintenance Services
       5.3.3 Training Services

6 Healthcare Integration Market, By Application (Page No. - 69)
   6.1 Introduction
   6.2 Internal Integration
       6.2.1 Hospital Integration
       6.2.2 Lab Integration
       6.2.3 Medical Device Integration
       6.2.4 Clinics Integration
       6.2.5 Radiology Integration
       6.2.6 Other Applications
   6.3 External Integration (Hie) Market

7 Geographic Analysis (Page No. - 85)
   7.1 Introduction
   7.2 North America
       7.2.1 U.S.
       7.2.2 Canada
   7.3 Europe
   7.4 Asia
   7.5 Rest of The World (ROW)

8 Competitive Landscape (Page No. - 116)
   8.1 Introduction
       8.1.1 New Product Launches
       8.1.2 Mergers and Acquisitions
       8.1.3 Agreements, Collaborations, and Partnerships
       8.1.4 Other Developments

9 Company Profiles (Overview, Financials, Products & Services, Strategy, & Developments)* (Page No. - 126)
   9.1 Avi-Spl Inc.
   9.2 Cerner Corporation
   9.3 Ibm Corp.
   9.4 Intersystems
   9.5 Oracle Corporation
   9.6 Orion Health
   9.7 Siemens Healthcare
   9.8 Corepoint Health
   9.9 Interfaceware
   9.10 Infor

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

Appendix (Page No. - 163)


List of Tables (54 Tables)

Table 1 Healthcare Integration: Leading Interface Engine Providers, 2013
Table 2 Competitive Product Portfolio Matrix of Major Players
Table 3 Global Healthcare Integration Market, By Types, 2011-2018 ($Million)
Table 4 Global Healthcare Integration Market, By Product,  2011–2018 ($Million)
Table 5 Healthcare IT Integration Products Market, By Geography, 2011–2018 ($Million)
Table 6 Integration/Interface Engines Market, By Geography, 2011–2018 ($Million)
Table 7 Medical Device Integration Software Market, By Geography, 2011–2018 ($Million)
Table 8 Healthcare Media Integration Solutions Market, By Geography, 2011–2018 ($Million)
Table 9 Other Integration Tools Market, By Geography, 2011–2018 ($Million)
Table 10 Global Healthcare Integration Market, By Service, 2011–2018 ($Million)
Table 11 HCIT Integration Implementation Services Market, By Geography, 2011–2018 ($Million)
Table 12 HCIT Integration Support and Maintenance Services Market, By Geography, 2011–2018 ($Million)
Table 13 HCIT Integration Training Services Market, By Geography, 2011–2018 ($Million)
Table 14 HCIT Integration Market, By Application Type, 2011–2018 ($Million)
Table 15 Global Internal Healthcare Integration Market, By Application, 2011–2018 ($Million)
Table 16 Internal Hospital Integration Market, By Geography, 2011–2018 ($Million)
Table 17 Hospital Integration Market, By Geography, 2011–2018 ($Million)
Table 18 Lab Integration Market, By Geography, 2011–2018 ($Million)
Table 19 Medical Device Integration Market, By Geography, 2011–2018 ($Million)
Table 20 Clinics Integration Market, By Geography, 2011–2018 ($Million)
Table 21 Radiology Integration Market, By Geography, 2011–2018 ($Million)
Table 22 Other Applications Market, By Geography, 2011–2018 ($Million)
Table 23 External Integration (Hie) Market, By Geography, 2011–2018 ($Million)
Table 24 Healthcare Integration Market, By Geography, 2011–2018 ($Million)
Table 25 North America: Healthcare Integration Market, By Country, 2011–2018 ($Million)
Table 26 North America: Market, By Product, 2011–2018 ($Million)
Table 27 North America: Market, By Service, 2011–2018 ($Million)
Table 28 North America: Market, By Application Type, 2011–2018 ($Million)
Table 29 North America: Market, By Application, 2011–2018 ($Million)
Table 30 U.S.: Market, By Product, 2011–2018 ($Million)
Table 31 U.S.: Market, By Service, 2011–2018 ($Million)
Table 32 U.S.: Market, By Application, 2011–2018 ($Million)
Table 33 U.S.: Internal Healthcare Integration Market, By Type, 2011–2018 ($Million)
Table 34 Canada: Market, By Product, 2011–2018 ($Million)
Table 35 Canada: Market, By Service, 2011–2018 ($Million)
Table 36 Canada: Market, By Application, 2011–2018 ($Million)
Table 37 Canada: Internal Healthcare Integration Market, By Type, 2011–2018 ($Million)
Table 38 Europe: Market, By Product, 2011–2018 ($Million)
Table 39 Europe: Market, By Service, 2011–2018 ($Million)
Table 40 Europe: Market, By Application Type, 2011–2018 ($Million)
Table 41 Europe: Market, By Application, 2011–2018 ($Million)
Table 42 Asia: Market, By Product, 2011–2018 ($Million)
Table 43 Asia: Market, By Service, 2011–2018 ($Million)
Table 44 Asia: Market, By Application Type, 2011–2018 ($Million)
Table 45 Asia: Internal Integration Market, By Application, 2011–2018 ($Million)
Table 46 ROW: Market, By Product, 2011–2018 ($Million)
Table 47 ROW: Market, By Service, 2011–2018 ($Million)
Table 48 ROW: Market, By Application Type, 2011-2013 ($Million)
Table 49 ROW: Internal Integration Market, By Application, 2011–2018 ($Million)
Table 50 Healthcare Integration Market, Growth Strategy Matrix, 2011–2013
Table 51 New Product Launches
Table 52 Mergers and Acquisitions
Table 53 Agreements, Collaborations, and Partnerships
Table 54 Other Developments


List of Figures (13 Figures)

Figure 1 Market Research Methodology
Figure 2 Market Size Estimation Methodology
Figure 3 Data Triangulation Methodology
Figure 4 Global Healthcare Integration Market Revenue Trend, 2011–2018 ($Million)
Figure 5 Global Healthcare Integration Application Types Market, By Geography, 2013
Figure 6 Healthcare IT Integration Products Market, Segmental Analysis, 2013
Figure 7 Global Healthcare Integration Market, By Product,2013 Vs2018 ($Million)
Figure 8 Global Healthcare Integration Market, By Application, 2013 Vs 2018 ($Million)
Figure 9 Market Segmentation
Figure 10 Market Dynamics
Figure 11 Global Medical Device Integration Software Market Share Analysis, By Key Players, 2013
Figure 12 Global Media Integration Solutions Market Share Analysis, By Key Player, 2013
Figure 13 Key Growth Strategies, 2011–2013

Healthcare IT integration involves the implementation of a wide variety of electronic platforms that help in maintaining information about health and healthcare in general, which could be both for individuals as well as a group of patients. Healthcare integration market includes collection, storage, retrieval, and sharing of information between consumers, providers, governments, and insurers, among others. The information covered by HCIT can range from demographics, medical history, medications and allergies, and immunization status to radiology images and vital signs of the patient.

The market is influenced by an increasing need for integration in continually expanding hospitals and other healthcare organizations, which demands healthcare integration tools for building the interfaces between various departments/systems. As the adoption of electronic medical records grows, so does the importance of integrating increasingly complex data sets. The increasing healthcare costs, the increase in the aging population in most of the developed countries across Europe and North America, strong government support and initiatives, growing need to integrate healthcare systems, and high returns on investment are factors that further drive for healthcare integration market across the globe. However, interoperability issues, the high cost of installation of healthcare IT integration solutions, and a fragmented end-users market are factors that limit the growth of this market to a certain extent.

North America commanded the largest share of 69.4% in the global market, with U.S. commanding the largest share of around 86.6% in 2013. This large share of the U.S. can be attributed to the fact that the U.S. is a well-established healthcare IT and Healthcare integration market. However, this market still has many opportunities within the U.S mainly due to the various initiatives taken by the government to promote HCIT. In addition, the presence of a large number of major hospitals in the country that demand an integrated healthcare network is another factor that is driving the market.

The prominent players in the market are InterSystems (U.S.), Corepoint (U.S.), Siemens (Germany), Orion Health (New Zealand), Infor (U.S.), Interfaceware (Canada), Enovacom (France), Cerner Corporation (U.S.), Capsule (U.S.), Accenture (Ireland), Capgemini (France), IBM Corporation (U.S.), Allscripts (U.S.), Oracle (U.S.), and AVI-SPL (U.S.).

Global Healthcare Internal Integration Market, by Application, 2013 Vs. 2018 ($Million)

Healthcare IT Integration Market

Source: Annual Reports, SEC Filings, Integrated Healthcare Association (IHA), Health Level Seven International (HL7), Healthcare Information and Management System Society (HIMSS), American Health Information Management Association (AHIMA), other Healthcare IT Integration Associations, Expert Interviews, and MarketsandMarkets Analysis

Global Healthcare Integration Market, by Product, 2013 Vs. 2018 ($Million)

Healthcare IT Integration Market

Source: Annual Reports, SEC Filings, Integrated Healthcare Association (IHA), Health Level Seven International (HL7), Healthcare Information and Management System Society (HIMSS), American Health Information Management Association (AHIMA), other Healthcare IT Integration Associations, 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