Interoperability Solutions in Healthcare Market Size – USD 2.27 Billion in 2019, Interoperability Solutions in Healthcare Market Growth – CAGR of 11.1%, Interoperability Solutions in Healthcare Industry Trends– Growing emphasis on patient safety across the globe
The global Interoperability Solutions in Healthcare Market is forecasted to reach USD 5.29 Billion by 2027, according to a new report by Emergen Research. The growing emphasis on patient safety, increasing the need to shore up that healthcare expenses, and policy efforts to enhance patient care quality are the main drivers driving development in demand for healthcare interoperability. Systems interoperability, information sharing, and access to data play an essential role in improving health outcomes.
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Key Highlights From The Report
- Based on level, semantic generated a revenue of USD 0.66 billion in 2019 and believed to rise with a CAGR of 9.9% in the forecast period, as it facilitates the online sharing of medical details between separate approved parties and clinicians across possibly incompatible EHR and other programs to increase health care delivery capacity, protection, consistency, and effectiveness.
- The solutions type expected to grow with a CAGR of 10.6% in the forecasted period due to the growing need for more exposure to patient health knowledge and increasing adoption of healthcare IT technologies to improve the quality of treatment & enhance patient satisfaction.
- North America dominated the market for Interoperability Solutions in Healthcare in 2019 due to the increased occurrence of cancer, and growing exploration and innovation activities in Interoperability Solutions in Healthcare coupled with adequate government support. The North America region held approximately 35.1% of the market, followed by the Asia Pacific, which contains around 31.2% market in the year 2019.
- Key participants include InterSystems Corporation, Allscripts Healthcare Solutions, Cerner Corporation Inc., Orion Health Group Limited, Koninklijke Philips NV, Epic Systems Corporation, ViSolve Inc., Infor Inc., iNTERFACEWARE, and Quality Systems Inc., among others.
For the purpose of this report, Emergen Research has segmented into the global Interoperability Solutions in Healthcare market based on the level, type, application, and region:
- Level Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Billion; 2017-2027)
- Product Type Outlook (Volume, Kilotons; 2017-2027, Revenue, USD Billion; 2017-2027)
- Application Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Billion; 2017-2027)
The Global Interoperability Solutions in Healthcare Market can be geographically bifurcated on the basis of regional demand, output, and estimated revenue share. The most prominent regions dictating the global market include:
- North America (U.S., Canada, Mexico)
- Europe (U.K., Germany, France, Italy)
- Asia Pacific (China, Japan, India, Korea)
- Latin America (Brazil, Argentina, Ecuador, Chile)
- Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran)
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The following are the main reasons to buy the Global Interoperability Solutions in Healthcare Market report:
- The latest report closely evaluates the overall market size and infers on various aspects, such as the current business trends, market share, product offerings, and product share.
- It offers a detailed account of the end-use applications of the products & services offered by this industry.
- It offers an insightful analysis of the various regional segments of the market that are projected to witness enormous growth over the forecast period.
- Furthermore, the report covers the latest developments taking place in the market and effective business strategies implemented by the leading market rivals.
The report considers the following market growth estimation timeline:
- Historical Years: 2017-2018
- Base Year: 2019
- Estimated Year: 2027
- Forecast Years: 2020-2027
Table of Content
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Interoperability Solutions in Healthcare Market Segmentation & Impact Analysis
4.1. Interoperability Solutions in Healthcare Market Product Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
22.214.171.124. Increasing need to deliver patient specialized healthcare services as per customized requirements
126.96.36.199. Growing requirement to reduce the costs of healthcare incurred
188.8.131.52. Increased levels of expenditure incurred and initiatives taken by the government to deliver improving the healthcare services
4.2.3. Market restraints analysis
184.108.40.206. Concerns regarding unavailability of completely compatible interoperability offerings
220.127.116.11. Absence of any set standardizations and regulations regarding the usage of these technologies
18.104.22.168. Lack of technically skilled professionals for system integration and maintenance
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Interoperability Solutions in Healthcare Market By Level Type Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
5.1. Level Type Dynamics & Market Share, 2019 & 2027
Chapter 6. Interoperability Solutions in Healthcare Market By Product Type Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
6.1. Product Type Dynamics & Market Share, 2019 & 2027
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