Health Information Exchange (HIE) Market by Setup Types (Public & Private), Application - Global Trends & Forecast to 2018 - PowerPoint PPT Presentation

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Health Information Exchange (HIE) Market by Setup Types (Public & Private), Application - Global Trends & Forecast to 2018

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The platform centric segment and hybrid models pose significant growth opportunities for the HIE market. The global HIE market is valued at an estimated $558million in 2013 and is expected to grow at a CAGR of 9.5% in the next five years. The global HIE systems market is mainly categorized by set-up type, vendor, implementation model, and by application. – PowerPoint PPT presentation

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Title: Health Information Exchange (HIE) Market by Setup Types (Public & Private), Application - Global Trends & Forecast to 2018


1
Health Information Exchange (HIE) Market by Setup
Types (Public Private), Application - Global
Trends Forecast to 2018
2
Summary
  • The platform centric segment and hybrid models
    pose significant growth opportunities for the HIE
    market the global HIE market is valued at an
    estimated 558million in 2013 and is expected to
    grow at a CAGR of 9.5 in the next five years.
    The global HIE systems market is mainly
    categorized by set-up type, vendor,
    implementation model, and by application.
  • The incentives by the U.S. federal government,
    improvements in patient care and safety, and
    reduction in healthcare costs will be the major
    drivers for this market. However, factors such as
    high implementation costs, slow returns on
    investment, and interoperability issues are
    hampering the market growth. The increasing
    demand for cloud-based services and mobile health
    applications in the emerging markets are
    encouraging the growth of the HIE market. The
    federated or decentralized models market commands
    the largest share of the HIE implementation
    models market in 2013. However, the hybrid models
    market is estimated to grow at the highest CAGR
    of 14.4 during the study period.

3
Summary
  • The hybrid models segment is projected to witness
    a robust growth during the forecast period driven
    by the factors such as enhanced control of
    patient data and compatibility with several
    interfaces among communities. Owing to these
    factors, these segments are expected to be a
    major revenue pockets for the HIE market in the
    coming years.
  • The high growth market segments in the HIE market
    include interfacing internal applications segment
    which is growing at a CAGR of 14.6 during the
    forecast period. The factors contributing to the
    growth include reliability and flexibility of
    healthcare data delivery. The platform centric
    segment is also projected to register a
    double-digit growth in the next five years,
    driven by the enhanced adoption rates due to rise
    in the clinical messaging and web portal
    applications. Investors are mainly focusing on
    the hybrid models segment as it provides the
    benefit of both federated and centralized models
    and helps in enhanced control of patient data and
    compatibility with several interfaces among
    communities.

4
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5
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6
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