Health Information Exchange Market by Set Up Type (Public, Private), Type (Pull, Push), Implementation Model (Federated, Hybrid), Application (Web Portal, Secure Messaging), Solution Type (Portal, Platform Centric), & End Users - Global Forecast to 2020

Health information exchange (HIE) involves the electronic movement of health-related information among organizations according to nationally recognized standards. HIE aims to facilitate the access and retrieval of clinical data to provide safer, timelier, efficient, effective, equitable, patient-centered care. It enables collaboration between healthcare stakeholders, reduces administrative tasks, and provides greater transparency in the healthcare field. The health information exchange market is projected to reach USD 1,545.0 Million by 2020 from USD 990.6 Million in 2015, at a CAGR of 9.3% during the forecast period. Growth in the global health information exchange market is mainly driven by federal mandates like Meaningful use, growing patient-centric approach in healthcare delivery, increasing EHR adoption rate, and need to curtail healthcare cost. However, requirement of significant infrastructural investments coupled with low return on investment and data security & privacy concerns are expected to restrain the growth of this market to a certain extent. In this report, 2014 is considered as the base year and the forecast period is from 2015 to 2020.

Objectives of the Study

• To define and measure the global health information exchange market on the basis of type, setup type, solution, application, implementation model, end user, and region
• To identify the key micromarkets and their drivers within the global health information exchange market, which are expected to show impressive growth opportunities in the coming years
• To identify the market trends and opportunities for all the stakeholders
• To strategically analyze the market structure and profile the key players of the global health information exchange market and comprehensively analyze their core competencies
• To track and analyze competitive developments such as product deployments; agreements, alliances, collaborations, and partnerships; new product launches (including product integrations and product enhancements); acquisitions; expansions (including service expansions); and other strategies (spin-off, divestment, accreditation, and funding)

Research Methodology

Both, top-down and bottom-up approaches were used to estimate and validate the size of the global health information exchange market and to estimate the size of various other dependent submarkets in the overall health information exchange market. Various secondary sources such as associations like the  Healthcare Information and Management Systems Society (HIMSS), American Medical Association (AMA), National Association for Trusted Exchange (NATE), U.S. Department of Health and Human Services HRSA (Health Resources and Services Administration), NCBI, and Regional Health Information Exchange Organizations (RHIOs), industry journals, databases, and annual reports of the companies have been used to identify and collect information useful for the study of this market. Primary sources such as experts from both supply and demand sides have been interviewed to obtain and validate information as well as to assess dynamics of this market. The breakdown of profiles of primaries is shown in the figure below: 

To know about the assumptions considered for the study, download the pdf brochure

Allscripts Healthcare Solutions, Inc. (U.S.), RelayHealth Corporation (U.S.), Infor, Inc. (U.S.), Cerner Corporation (U.S.), eClinicalWorks (U.S.), NextGen Healthcare Information Systems, LLC (U.S.), Optum, Inc. (U.S.), Covisint Corporation (U.S.), Epic Corporation Inc. (U.S.), and Orion Health (New Zealand) are some of the key players in the global health information exchange market.

Target Audience for the Report

• Healthcare Institutions/Providers (Hospitals, Medical Groups, Physician Practices, Diagnostic Centers, Pharmacies, Ambulatory Centers, and Outpatient Clinics)
• Healthcare Insurance Companies/Payers
• Healthcare IT Service Providers
• Venture Capitalists
• Government Bodies
• Corporate Entities
• Accountable Care Organizations

Scope of the Report:

This research report categorizes the global health information exchange market into the following segments:

Health Information Exchange Market, by Setup Type

• Private HIE
• Public HIE

Health Information Exchange Market, by Type

• Directed Exchange
• Query-based Exchange
• Consumer-mediated Exchange

Health Information Exchange Market, by Implementation Model

• Hybrid
• Centralized/Consolidated
• Decentralized/Federated

Health Information Exchange Market, by Application

• Web-portal development
• Workflow Management
• Secure Messaging
• Internal Interfacing
• Others (Personal Health Records and Chronic Disease Management)

Health Information Exchange Market, by Solution

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

Health Information Exchange Market, by End User

• Providers
• Payers
• Pharmacies

Health Information Exchange Market, by Region

• North America
  • U.S.
  • Canada
• Europe
• Asia-Pacific
• Rest of the World (RoW)

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization option is available for the report:

Geographic Analysis

• Further breakdown of the European HIE market EU5, and other European countries

Company Information

• Detailed analysis and profiling of additional market players (Up to 5)

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 20)
    2.1 Research Methodology Steps
    2.2 Secondary and Primary Research Methodology
           2.2.1 Secondary Research
                    2.2.1.1 Key Data From Secondary Sources
           2.2.2 Primary Research
                    2.2.2.1 Key Industry Insights
                    2.2.2.2 Key Data From Primary Sources
                    2.2.2.3 Key Insights From Primary Sources
    2.3 Market Size Estimation Methodology
    2.4 Market Forecast Methodology
    2.5 Market Data Validation and Triangulation
    2.6 Assumptions

3 Executive Summary (Page No. - 31)
    3.1 Introduction
    3.2 Current Scenario
    3.3 Future Outlook

4 Premium Insights (Page No. - 36)
    4.1 Global Market : Market Overview
    4.2 Health Inforamtion Exchange Market, By End User and Type
    4.3 Market, By Solution (2015 vs. 2020)

5 Market Overview (Page No. - 40)
    5.1 Introduction
    5.2 Market Segmentation
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Strong Government Support and Initiatives
                    5.3.1.2 Increased Measures to Improve Healthcare Quality and Care Coordination Likely to Trigger HIE Adoption
                    5.3.1.3 Need to Curtail Healthcare Costs
           5.3.2 Restraints
                    5.3.2.1 Data Privacy and Security Concerns
                    5.3.2.2 Requirement of Significant Infrastructural Investments Coupled With Low RoI
           5.3.3 Opportunity
                    5.3.3.1 Growing Usage of Ehr Solutions
           5.3.4 Challenge
                    5.3.4.1 Interoperability Issues
    5.4 Interoperability Standards and Regulatory Implications
           5.4.1 Process Standards
           5.4.2 Technical Standards
                    5.4.2.1 Structure and Syntax
                    5.4.2.2 Transport
           5.4.3 Privacy & Security
           5.4.4 Semantic Standards

6 Analyst Corner (Page No. - 53)
    6.1 Data Aggregation and Health Information Exchange
           6.1.1 Introduction
           6.1.2 Process of Data Aggregation and Exchange
           6.1.3 Selection Criteria for Healthcare Data Aggregation Solutions
    6.2 Commonwell Health Alliance
           6.2.1 Introduction
           6.2.2 Services Offered
           6.2.3 Recent Developments
           6.2.4 Analyst View

7 Health Information Exchange Market, By Setup Type (Page No. - 59)
    7.1 Introduction
    7.2 Private HIE
    7.3 Public HIE

8 Health Information Exchange Market, By Type (Page No. - 63)
    8.1 Introduction
    8.2 Directed Exchange (Push HIE)
    8.3 Query-Based Exchange (Pull HIE)
    8.4 Consumer-Mediated Exchange

9 Health Information Exchange Market, By Implementation Model (Page No. - 68)
    9.1 Introduction
    9.2 Hybrid Models
    9.3 Centralized/Consolidated Models
    9.4 Decentralized/Federated Model

10 Health Information Exchange Market, By Application (Page No. - 73)
     10.1 Introduction
     10.2 Web Portal Development
     10.3 Workflow Management
     10.4 Secure Messaging
     10.5 Internal Interfacing
     10.6 Others

11 Health Information Exchange Market, By Solution (Page No. - 80)
     11.1 Introduction
     11.2 Portal-Centric
     11.3 Messaging-Centric
     11.4 Platform-Centric

12 Health Information Exchange Market, By End User (Page No. - 85)
     12.1 Introduction
     12.2 Healthcare Providers
     12.3 Healthcare Payers
     12.4 Pharmacies

13 Health Information Exchange Market, By Region (Page No. - 90)
     13.1 Introduction
     13.2 North America
              13.2.1 U.S.
                         13.2.1.1 Federal Mandates in the U.S.
                         13.2.1.2 Robust HIE Infrastructure Required in Acos
                         13.2.1.3 Substantial Funding and Government Initiatives
                         13.2.1.4 Growing Adoption of HIE Among Hospitals
                         13.2.1.5 Rising Need to Curtail Escalating Healthcare Costs in the U.S.
                         13.2.1.6 Violation of Healthcare Data Regulations Limits the Adoption of HIE Solutions
              13.2.2 Canada
                         13.2.2.1 Growing Efforts to Enhance Healthcare Delivery in Canada
                         13.2.2.2 Digital Health Measures in Canada
                         13.2.2.3 Growing Cases of Data Breach in Canada
     13.3 Europe
              13.3.1 Government Focus on Integrating Hcit Solutions in the U.K.
              13.3.2 Rising Demand for Advanced Healthcare Solutions and Efficient Healthcare Delivery in Germany
              13.3.3 Government Initiatives to Create Potential Market for Digital Healthcare in France
              13.3.4 Increasing Focus on Ensuring Interoperability of Patient Health Records (PHR) in Italy
              13.3.5 E-Health Initiatives in Roe
     13.4 Asia-Pacific (APAC)
              13.4.1 Japan’s Ict Fund and Initiatives to Drive Ehr Adoption
              13.4.2 Investments and Reforms to Modernize China’s Healthcare Infrastructure
              13.4.3 Rapidly Growing Indian Healthcare Industry
              13.4.4 Implementation of Hcit Programs in Australia and New Zealand
              13.4.5 ‘One Singaporean, One Health Record’ Nehr Initiative
     13.5 Rest of the World (RoW)
              13.5.1 Growing Hcit Market in Latin America
              13.5.2 Rising Awareness on Hcit Solutions in Brazil
              13.5.3 Modernization and Development of Healthcare Infrastructure in the Middle East

14 Competitive Landscape (Page No. - 129)
     14.1 Overview
     14.2 Competitive Situation and Trends
              14.2.1 Product Deployments
              14.2.2 Agreements, Alliances, Partnerships, and Collaborations
              14.2.3 Product Launches, Enhancements, and Integration
              14.2.4 Acquisitions
              14.2.5 Expansions
              14.2.6 Other Developments
     14.3 New Entrants

15 Company Profiles (Page No. - 139)
(Business Overview, Products & Services, Developments, Mnm View)*
     15.1 Introduction
     15.2 Medicity, Inc. (A Subsidiary of Aetna, Inc.)
     15.3 Cerner Corporation
     15.4 Allscripts Healthcare Solutions, Inc.
     15.5 Intersystems Corporation
     15.6 Orion Health
     15.7 Eclinicalworks
     15.8 Infor, Inc.
     15.9 Relayhealth Corporation (A Subsidiary of Mckesson Corporation)
     15.10 Covisint Corporation
     15.11 Optum, Inc.
     15.12 Nextgen Healthcare Information Systems, LLC (A Subsidiary of Quality Systems, Inc.)
     15.13 Arcadia Solutions, LLC

*Details on Marketsandmarkets View, Introduction, Product & Services, New Developments Might Not Be Captured in Case of Unlisted Companies.

16 Appendix (Page No. - 181)
     16.1 Discussion Guide
     16.2 Company Developments (2013–2016)
     16.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     16.4 Introducing RT: Real-Time Market Intelligence
     16.5 Available Customizations
     16.6 Related Reports

List of Tables (78 Tables)

Table 1 Enhanced Healthcare Quality and Care Coordination Propelling the Growth of the Global HIE Market
Table 2 Data Privacy and Security Concerns are Limiting the Adoption of HIE Solutions
Table 3 Growing Usage of Ehr Solutions Offers Huge Potential for the HIE Market
Table 4 Interoperability Issues—A Major Challenge for the HIE Market
Table 5 Key Regulations & Standards Governing Healthcare Information Technologies Across the Globe
Table 6 Global Health Information Exchange Market Size, By Setup Type,2013–2020 (USD Million)
Table 7 Private HIE Market Size, By Region, 2013–2020 (USD Million)
Table 8 Public HIE Market Size, By Region, 2013–2020 (USD Million)
Table 9 Global Market Size, By Type,2013–2020 (USD Million)
Table 10 Directed HIE Market Size, By Region, 2013–2020 (USD Million)
Table 11 Query-Based HIE Market Size, By Region, 2013–2020 (USD Million)
Table 12 Consumer-Mediated HIE Market Size, By Region, 2013–2020 (USD Million)
Table 13 Global Market Size, By Implementation Model, 2013–2020 (USD Million)
Table 14 Hybrid Model Market Size, By Region, 2013–2020 (USD Million)
Table 15 Centralized/Consolidated Model Market Size, By Region,2013–2020 (USD Million)
Table 16 Decentralized/Federated Model Market Size, By Region,2013–2020 (USD Million)
Table 17 Global Health Information Exchange Market Size, By Application,2013–2020 (USD Million)
Table 18 HIE Market Size for Web Portal Development, By Region,2013–2020 (USD Million)
Table 19 HIE Market Size for Workflow Management, By Region,2013–2020 (USD Million)
Table 20 HIE Market Size for Secure Messaging, By Region,2013–2020 (USD Million)
Table 21 HIE Market Size for Internal Interfacing, By Region,2013–2020 (USD Million)
Table 22 Other HIE Applications Market Size, By Region, 2013–2020 (USD Million)
Table 23 Global Health Information Exchange Market Size, By Solution,2013–2020 (USD Million)
Table 24 Portal-Centric HIE Solutions Market Size, By Region,2013–2020 (USD Million)
Table 25 Messaging-Centric HIE Solutions Market Size, By Region,2013–2020 (USD Million)
Table 26 Platform-Centric HIE Solutions Market Size, By Region,2013–2020 (USD Million)
Table 27 Global Health Information Exchange Market Size, By End User,2013–2020 (USD Million)
Table 28 MHealth Information Exchange arket Size for Healthcare Providers, By Region, 2013–2020 (USD Million)
Table 29 Health Information Exchange Market Size for Healthcare Payers,By Region, 2013–2020 (USD Million)
Table 30 Health Information Exchange Market Size for Pharmacies, By Region, 2013–2020 (USD Million)
Table 31 Health Information Exchange Market Size, By Region,2013–2020 (USD Million)
Table 32 North America: Health Information Exchange Market Size,By Country, 2013–2020 (USD Million)
Table 33 North America: Health Information Exchange Market Size,By Type, 2013–2020 (USD Million)
Table 34 North America: Health Information Exchange Market Size,By Setup Type, 2013–2020 (USD Million)
Table 35 North America: Health Information Exchange Market Size,By Application, 2013–2020 (USD Million)
Table 36 North America: Market Size,By Solution, 2013–2020 (USD Million)
Table 37 North America: Market Size,By End User, 2013–2020 (USD Million)
Table 38 North America: Market Size,By Implementation Model, 2013–2020 (USD Million)
Table 39 Top 10 Healthcare Data Breaches in the U.S. (2015)
Table 40 Healthcare Data Breaches, By Type of Entity
Table 41 U.S.: Market Size, By Type,2013–2020 (USD Million)
Table 42 U.S.: Market Size, By Setup Type,2013–2020 (USD Million)
Table 43 U.S.: Market Size, By Application,2013–2020 (USD Million)
Table 44 U.S.: Market Size, By Solution,2013–2020 (USD Million)
Table 45 U.S.: Market Size, By End User,2013–2020 (USD Million)
Table 46 U.S.: Market Size, By Implementation Model, 2013–2020 (USD Million)
Table 47 Recent Data Breach Cases in Canada
Table 48 Canada: Market Size, By Type,2013–2020 (USD Million)
Table 49 Canada: Market Size, By Setup Type,2013–2020 (USD Million)
Table 50 Canada: Market Size, By Application, 2013–2020 (USD Million)
Table 51 Canada: Market Size, By Solution,2013–2020 (USD Million)
Table 52 Canada: Market Size, By End User,2013–2020 (USD Million)
Table 53 Canada: Market Size, By Implementation Model, 2013–2020 (USD Million)
Table 54 Europe: Market Size, By Type,2013–2020 (USD Million)
Table 55 Europe: Market Size, By Setup Type,2013–2020 (USD Million)
Table 56 Europe: Market Size, By Application, 2013–2020 (USD Million)
Table 57 Europe: Market Size, By Solution,2013–2020 (USD Million)
Table 58 Europe: Market Size, By End User,2013–2020 (USD Million)
Table 59 Europe: Market Size, By Implementation Model, 2013–2020 (USD Million)
Table 60 APAC: Market Size, By Type,2013–2020 (USD Million)
Table 61 APAC: Market Size, By Setup Type,2013–2020 (USD Million)
Table 62 APAC: Market Size, By Application,2013–2020 (USD Million)
Table 63 APAC: Market Size, By Solution,2013–2020 (USD Million)
Table 64 APAC: Market Size, By End User,2013–2020 (USD Million)
Table 65 APAC: Market Size, By Implementation Model, 2013–2020 (USD Million)
Table 66 RoW: Market Size, By Type,2013–2020 (USD Million)
Table 67 RoW: Market Size, By Setup Type,2013–2020 (USD Million)
Table 68 RoW: Market Size, By Application,2013–2020 (USD Million)
Table 69 RoW: Market Size, By Solution,2013–2020 (USD Million)
Table 70 RoW: Market Size, By End User,2013–2020 (USD Million)
Table 71 RoW: Market Size, By Implementation, 2013–2020 (USD Million)
Table 72 Product Deployments (2013–2016)
Table 73 Agreements, Alliances, Partnerships, and Collaborations (2013–2016)
Table 74 Product Launches, Enhancements, and Integration (2013–2016)
Table 75 Acquisitions (2013–2016)
Table 76 Expansions (2013–2016)
Table 77 Other Developments (2013–2016)
Table 78 New Players Foraying Into the HIE Market (2005-2016):
 

List of Figures (41 Figures)
 
Figure 1 Global Health Information Exchange Market: Research Methodology Steps
Figure 2 Sampling Frame: Primary Research
Figure 3 Break Down of Primary Interviews: By Company Type, Designation, and Region
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach (1/2)
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach (2/2)
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Research Design
Figure 8 Data Triangulation Methodology
Figure 9 North America Dominated the Global HIE Market in 2015
Figure 10 Providers Segment to Witness the Highest Growth Rate in the Forecast Period
Figure 11 APAC to Witness the Highest Growth Rate in the Forecast Period
Figure 12 Health Information Exchange Market : Strong Government Initiatives to Drive the Market
Figure 13 Healthcare Providers Dominated the Health Information Exchange Market in 2015
Figure 14 Asia-Pacific to Witness Highest Growth During the Forecast Period
Figure 15 Portal-Centric Solutions Commanded the Largest Share of the Market in 2015
Figure 16 Global Healthcare Information Exchange Market Segmentation
Figure 17 Strong Government Initiatives Driving the HIE Market
Figure 18 Selection Criteria for Healthcare Data Aggregation Solutions
Figure 19 Industry Speaks
Figure 20 Private HIE Accounted for the Largest Share for Health Information Exchange Market in 2015
Figure 21 Directed Exchange Segment Accounted for the Largest Share of Health Information Market in 2015
Figure 22 Hybrid Model Segment Accounted for the Largest Share of the Health Information Exchange Market in 2015
Figure 23 Web Portal Development Accounted for the Largest Share of Health Information Exchange Market in 2015
Figure 24 Portal-Centric Solutions Accounted for the Largest Share of Health Information Exchange Market in 2015
Figure 25 Healthcare Providers Dominated the Health Information Exchange Market in 2015
Figure 26 Asia-Pacific to Register the Highest CAGR in the Health Information Exchange Market During the Forecast Period
Figure 27 North American Health Information Exchange Market Snapshot 2015
Figure 28 European Health Information Exchange Market Snapshot, 2015
Figure 29 Asia-Pacific Health Information Exchange Market Snapshot, 2015
Figure 30 RoW Health Information Exchange Market Snapshot, 2015
Figure 31 Top 5 Strategies Adopted By Players Over the Last 4 Years (2013-2016)
Figure 32 Battle for Market Share: Product Deployments Was the Key Strategy Adopted By Market Players (2013–2016)
Figure 33 Geographic Revenue Mix of Market Players
Figure 34 Aetna, Inc.: Company Snapshot
Figure 35 Cerner Corporation: Company Snapshot
Figure 36 Allscripts Healthcare Solutions, Inc.: Company Snapshot
Figure 37 Orion Health: Company Snapshot
Figure 38 Infor, Inc.: Company Snapshot
Figure 39 Mckesson Corporation: Company Snapshot
Figure 40 Covisint Corporation: Company Snapshot
Figure 41 Quality Systems, Inc.: Company Snapshot

The health information exchange market is expected to reach USD 1,545.0 Million by 2020 from USD 990.6 Million in 2015, at a CAGR of 9.3%. North America dominated the market in 2015, followed by Europe, Asia-Pacific, and the Rest of the World (RoW). However, the Asia-Pacific region is expected to grow at the highest CAGR during the forecast period.

On the basis of type, the health information exchange market is segmented into directed exchange, query-based exchange, and consumer-mediated exchange. The directed exchange segment accounted for the largest share of the global market in 2015. Directed exchange supports point-to-point transactions and transmits documents to physicians’ EHR; this is contributing to the large share of this segment.

By setup type, the health information exchange market is segmented into private and public HIE. The private HIE segment accounted for the largest share of the market in 2015 and is expected to grow at the highest CAGR during the forecast period. Factors such as rising number of ACOs and technical capability to connect with other private exchanges are contributing to the large share of this segment.

By solution, the market is segmented into portal-centric, messaging-centric, and platform-centric HIE solutions. The portal-centric HIE solutions segment accounted for the largest share in 2015. However, the platform-centric HIE solutions segment is expected to grow at the highest CAGR during the forecast period. High growth in this segment can be attributed to the growing demand of integrated solutions, which enable providers to view and exchange patient information with other stakeholders. Moreover, platform-centric solutions provide the functionality of both portal-centric and messaging-centric solutions.

By application, the market is segmented into web portal development, workflow management, secure messaging, internal interfacing, and others (personal health records and chronic disease management). The web portal development segment accounted for the largest share of the health information exchange market in 2015. However, the internal interfacing segment is expected to grow at the highest CAGR in the forecast period, owing to the rising need of streamlining workflow and reducing healthcare costs by eliminating medication errors.

By implementation model, the market is segmented into hybrid model, centralized/consolidated model, and decentralized/federated model. The hybrid model segment accounted for the largest share of the health information exchange market in 2015, and is expected to grow at the highest CAGR during the forecast period. Hybrid HIE provides controlled flow of data and supports diverse communities; this is contributing to the large share of this segment.

On the basis of end users, the market is segmented into providers, payers, and pharmacies. The providers segment accounted for the largest share of the global health information exchange market in 2015. On the basis of region, the market is categorized into North America, Europe, Asia-Pacific, and the Rest of the World (RoW).

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