TMCnet News
Global Health Information Exchange Global Market 2015 - Forecast to 2021: Rising Demand For HIE And EHR TechnologiesDUBLIN, Aug. 18, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/f63dh9/health) has announced the addition of the "Health Information Exchange Global Market - Forecast to 2021" report to their offering. The global HIE market is expected to grow at a CAGR of around 10% to reach approximately $980 million by 2019. The increase in incentives by the federal government, improvement in patient care and safety, growing investments, raising demand for reduction in healthcare costs and increase in aging population are the major drivers boosting the market growth. Whereas factors such as high implementation costs, interoperability issues, and slow return on investments are restraining the market growth. The demand for cloud based systems, mobile health applications, and emerging economies in APAC region are offering opportunities for the healthcare IT providers. The rising adoption of EHR (Electronic Health Records) and PHR (Personal Health Records), followed by the well defined standards are impacting the success of HIE interoperability. However the internal and external access control seems to be a challenge for the HIE providers. Health Information Exchange (HIE) is the electronic movement of health related information among organizations as per the certain set of standards in order to achieve meaningful use requirements. The healthcare organizations are adopting HIE to facilitate the access and retrieval of clinical data to provide safer, timelier, efficient, effective, equitable, and patient centred care. Based on the pattern of data exchange the HIE market is segmented into directed exchange, consumer mediated exchange, and query based exchange. The HIE market is also segmented depending on the set up types, vendor types, implementation models, and applications. HIE is applied in the fields such as workflow management, secure messaging, web portal development and patient safety. The key players operating in the global HIE market includes All Scripts (U.S.), Epic Systems (U.S.), Philips(the Netherlands), Cerner Corporation (U.S.), GE Healthcare (U.S.),IBM Corporation (U.S.), Medicity (U.S.), Mckesson Corporation (U.S.), Philips(The Netherlands) , Siemens Healthcare (Germany) and so on. Media Contact: Laura Wood , +353-1-481-1716, [email protected] To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-health-information-exchange-global-market-2015---forecast-to-2021-rising-demand-for-hie-and-ehr-technologies-300129860.html SOURCE Research and Markets |