Healthcare Information Exchange Market Share Report | Size & Growth Forecast 2028
The healthcare information exchange market was valued at US$ 1,411.56 million in 2020 and is projected to reach US$ 3,326.98 million by 2028; it is expected to grow at a CAGR of 11.4% from 2021 to 2028.
Market Insights and Analyst View:
HIEs are essential for connecting communities and ensuring patient health records are always accessible. Healthcare information exchange (HIE) is an integral and significant element of healthcare information technology (HIT) infrastructure. HIE refers to the deployment of healthcare information electronically. Government support for implementing EMR/EHR systems and a growing emphasis on healthcare cost optimization are the primary factors fueling the growth of the healthcare information exchange market globally. Also, the growing adoption of technologically advanced products in healthcare facilities to treat chronic diseases is fueling the growth of the healthcare information exchange market.
Growth Drivers:
The growing awareness about the use of healthcare information exchange for easy access to patient data at any healthcare facility is fueling the growth of the healthcare information exchange market. The rapid growth of healthcare information technology has led to an increase in the exchange of medical information for patients through EHRs. These systems are used to collect patient information and also share it with other healthcare professionals who are involved in the patient's care. Healthcare authorities, market players, and governments are actively adopting the adoption of EHR systems to modernize the process of healthcare activities. In addition, these systems gather efficient data and exchange it, allowing healthcare professionals to improve the quality of the treatment.
In 2001, the Canadian government launched a strategic initiative to modernize its ICT infrastructure in healthcare and promote the adoption of EHRs. According to data published on NCBI, in 2015, around 91.0% of Canadians registered their data on EHRs, and about 91,000 physicians were using EHR systems for day-to-day work. Moreover, according to a survey by the Canadian Medical Association, ~85.0% of Canadian physicians were using EMR systems in 2017. Also, as per the data published by the Canada Health Infoway in 2020, EHR data is available for around 93.8% of Canadians.
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Healthcare Information Exchange Market: Strategic Insights
Market Size Value in US$ 1,411.56 Million in 2020 Market Size Value by US$ 3,326.98 Million by 2028 Growth rate CAGR of 11.4% from 2021-2028 Forecast Period 2021-2028 Base Year 2021
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Healthcare Information Exchange Market: Strategic Insights
| Market Size Value in | US$ 1,411.56 Million in 2020 |
| Market Size Value by | US$ 3,326.98 Million by 2028 |
| Growth rate | CAGR of 11.4% from 2021-2028 |
| Forecast Period | 2021-2028 |
| Base Year | 2021 |
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In 2002, England announced the launch of the National Plan for IT, a new initiative to enhance the functionalities of the existing healthcare system. Moreover, in 2012, the government passed the Health and Social Care Act to use patient’s information for research purposes. Such initiatives in the UK are anticipated to drive the adoption of EHR systems in the country. In Germany, an estimated 90% of physicians in private practice use EHR systems as of 2020. Further, according to data published on NCBI in 2020, the EHR adoption rate in New Zealand has reached around 97%. Also, the government of India has launched the Transforming India Mission to generate digital health records of all Indian citizens by 2022. Government initiatives for the adoption of EHR systems eventually propel the growth of the healthcare information exchange market.
Report Segmentation and Scope:
The “Global Healthcare Information Exchange Market” segmentation is done based on setup type, model, deployment, application, component, end user, and geography. Based on setup type, the market is bifurcated into public and private. Based on the model, the healthcare information exchange market is segmented into centralized, decentralized, and hybrid. Based on deployment type, the market is bifurcated into cloud-based and on-premise. Based on application, the market is segmented into workflow management, internal interfacing, web portal development, and others. Based on components, the market is segmented into enterprise master person index, healthcare provider directory, record locator service, clinical data repository, and others. Based on end users, the healthcare information exchange market is segmented into public health agencies, healthcare providers, and others. The healthcare information exchange market based on geography is segmented into North America (US, Canada, and Mexico), Europe (Germany, France, Italy, UK, Russia, and the Rest of Europe), Asia Pacific (Australia, China, Japan, India, South Korea, and the Rest of Asia Pacific), Middle East & Africa (South Africa, Saudi Arabia, UAE, and the Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and the Rest of South & Central America).
Segmental Analysis:
Based on setup type, the healthcare information exchange market is segmented into public and private. In 2022, the private segment held the largest market share of the healthcare information exchange market, by setup type. Moreover, the same segment is expected to grow at the highest CAGR from 2022 to 2030. The need for health information exchange (HIE) to transform the healthcare system has become more evident, and the number of health information exchange initiatives (HIEs) has grown exponentially. Over the last several years, private health information exchanges (HIEs) have become a feasible alternative to public model exchanges. Generally, unlike most public HIEs, private HIEs are concentrated in a single community, financed by private healthcare organizations, and do not rely upon public funding. These private models have witnessed significant growth in the marketplace recently. Moreover, there is involvement of private healthcare information providers and a high level of physician engagement at each information system level. In addition, associated benefits, such as high workflow efficiency and fewer governance issues, are expected to increase the adoption rate over the forecast period.
Based on deployment type, the healthcare information exchange market is bifurcated into cloud-based and on-premise. In 2022, the on-premise companies segment held the largest healthcare information exchange market share. However, the cloud-based segment is anticipated to grow at the highest CAGR during 2022-2030. Hospitals or other healthcare entities use on-premises to view patient imaging data efficiently. An on-premise delivery solution enables programs to be installed and run on computers on the facility's premises. The on-premise deployment offers a cost-efficient and entirely HIE solution for any practice of any size. The on-premises answer is a business model used in the traditional approach. These solutions are available in various forms to outsource the hardware to use the software in a hosted solution. With an on-premise deployment of imaging management software solutions in hospitals, it is possible to tackle overcrowding in emergency departments and inefficient scheduling for various procedures easily. The cooling cost is also a significant expense to guarantee the servers do not break down. An on-premise solution helps reorganize patient admissions and handoffs, even surgical arrangements and optimizing discharges. Hence, owing to these factors, the demand for the on-premise delivery mode is anticipated to witness significant growth during the coming years.
Based on application, the healthcare information exchange market is segmented into workflow management, internal interfacing, web portal development, and others. In 2022, the web portal development companies segment held the largest healthcare information exchange market share. However, the internal interfacing segment is expected to grow at the highest CAGR from 2022 to 2030. Workflow management is the process of coordinating the activities that make up an organization's work. A series of tasks that are part of a broader undertaking is referred to as a 'workflow,' and it is often used interchangeably with the term 'business process.' To apply people-oriented change management and process improvement strategies, the MeHI has worked with representatives from 12 healthcare organizations so that they can improve the workflow on the receiving side of HIE. Three interactive sessions were carried out, in which the participants reviewed the change management and then processed the mapping concepts. After that, they applied the mapping concepts to the challenges organizations face after receiving healthcare documents via HIE. Demand for healthcare interfaces is rising, and healthcare entities are working rapidly to connect various internal applications and external resources.
Regional Analysis:
Based on geography, the healthcare information exchange market segments into five key regions: North America, Europe, Asia Pacific, South and Central America, and Middle East and Africa. In 2022, the North American healthcare information exchange market held the largest share of the global healthcare information exchange market. The Asia Pacific healthcare information exchange market is estimated to show the highest CAGR during the forecast period. The market for healthcare information exchange in the North American region is also likely to grow with the presence of various key players. In addition, the adoption of digital tools in healthcare operations for improving quality and reducing costs simultaneously is also responsible for augmenting the growth of the health information exchange market in the region. In North America, the US is the largest market for healthcare information exchange. The growth of this market is primarily driven by the increasing adoption of EHR/EMR systems, the increasing prevalence of chronic diseases, and support from the federal government to implement digital tools in healthcare.
Furthermore, the rising emphasis on cost optimization and consolidation of healthcare IT infrastructure is also responsible for market growth in the country. The US has one of the highest healthcare costs in the world. It’s home to the world’s leading multinational corporations, such as Microsoft, Intel, Google, NVIDIA, Johnson & Johnson, and many more. It tends to have the most cutting-edge treatments. All this contributes to higher market growth in the region. Moreover, healthcare institutions in the US are also focusing on adopting advanced healthcare information systems to elevate the level of functionalities. Moreover, continual development in the information technology field offers better options for healthcare professionals to analyze and exchange patient data. For instance, in May 2023, Rush Health and Ready Computing successfully deployed the first phase of Rush Health Connect. This information technology solution enables Rush Health members to share health information securely and efficiently. Rush Health is a leading clinically integrated network of hospitals and physicians, including about 1,100 physicians and 300 other Chicago clinicians. The company partnered with Ready Computing, a services consulting firm specializing in HIE implementations, to implement and customize InterSystems HealthShare, the platform supporting Rush Health Connect.
Healthcare Information Exchange Market Report Scope
Industry Developments and Future Opportunities:
Various initiatives taken by key players operating in the global healthcare information exchange market are listed below:
- In March 2023, Fujitsu launched a new cloud-based platform that allows users to collect and leverage health-related data securely to promote digital transformation in the medical field. The new platform supports the automatic conversion of medical data from medical institutions' EMRs using HL7 FHIR, the next-generation standards framework, and secure health-related data. Based on the medical institution's consent, patients can securely store personal health information such as step counts, vital data, and calorie consumption, which is converted into non-personally identifiable information by the platform. This, in turn, supports pharmaceutical companies and medical institutions in performing data analysis and R&D activities, accelerating the development of individualized healthcare and the discovery of new drugs.
Competitive Landscape and Key Companies:
Some of the healthcare information exchange market leaders are Oracle, eClinicalWorks, Allscripts Healthcare LLC, GE Healthcare, Health Catalyst, Inc., Orion Health group of companies, Nextgen Healthcare Information System LLC, Optum, Inc., McKesson Corporation, and Ciracet. These companies focus on product launches and expansions geographically to meet the increasing consumer demand worldwide and increase their product range in specialty portfolios. These companies have a widespread global presence, which allows them to serve a large set of customers and subsequently increase their market share. The report offers a trend analysis of the healthcare information exchange market emphasizing on various parameters such as market dynamics, technological advancements, and competitive landscape analysis of leading market players across the globe.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Set Up , Type , Implementation Model , Application , End User , and Deployment , and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
HIEs are crucial for connecting communities and ensuring patient health records are always available. Healthcare information exchange is an integral and significant element of health information technology (HIT) infrastructure. Healthcare information exchange refers to the deployment of healthcare information electronically.
The healthcare information exchange market majorly consists of the players such as eClinicalWorks, Allscripts Healthcare, LLC, General Electric Company, Cerner Corporation, Orion Health group of companies, Health Catalyst, Inc., Nextgen Healthcare Information System, LLC, McKesson Corporation, Optum, Inc., and Oracle Corporation. amongst others.
The growth of the market is attributed to some key driving factors such as government Support for Adoption of EMR/EHR systems and growing emphasis on healthcare cost optimization.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Global Health Information Exchange Market – By Set Up
1.3.2 Global Health Information Exchange Market – By Type
1.3.3 Global Health Information Exchange Market – By Implementation Model
1.3.4 Global Health Information Exchange Market – By Application
1.3.5 Global Health Information Exchange Market – By End User
1.3.6 Global Health Information Exchange Market – By Deployment
1.3.7 Global Health Information Exchange Market – By Geography
2. Health Information Exchange Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Global Health Information Exchange Market– Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Health Information Exchange Market in North America: PEST Analysis
4.2.2 Health Information Exchange Market in Europe: PEST Analysis
4.2.3 Health Information Exchange Market in Asia Pacific: PEST Analysis
4.2.4 Health Information Exchange Market in Middle East and Africa: PEST Analysis
4.2.5 Health Information Exchange Market in South and Central America: PEST Analysis
4.3 Expert Opinions
5. Health Information Exchange Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Government Support for Adoption of EMR/EHR Systems
5.1.2 Growing Emphasis on Healthcare Cost Optimization
5.2 Market Restraints
5.2.1 Data Security and Privacy Concerns
5.3 Market Opportunities
5.3.1 Increasing Potential in Emerging Economies
5.4 Future Trends
5.4.1 Next Generation HIE with the Help of Artificial Intelligence and Voice Recognition
5.5 Impact Analysis
6. Health Information Exchange Market – Global Analysis
6.1 Global Health Information Exchange Market Revenue Forecast and Analysis
6.2 Global Health Information Exchange Market, By Geography - Forecast And Analysis
6.3 Market Positioning of Key Players
7. Health Information Exchange Market Analysis – By Set Up
7.1 Overview
7.2 Health Information Exchange Market, by Set Up 2020 & 2028 (%)
7.3 Public
7.3.1 Overview
7.3.2 Public: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Private
7.4.1 Overview
7.4.2 Private: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)
8. Health Information Exchange Market Analysis – By Type
8.1 Overview
8.2 Health Information Exchange Market Revenue Share, by Type (2020 and 2028)
8.3 Query Based
8.3.1 Overview
8.3.2 Query-Based: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Direct Mediated
8.4.1 Overview
8.4.2 Direct Mediated: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Consumer Medicated
8.5.1 Overview
8.5.2 Consumer Medicated: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)
9. Health Information Exchange Market Analysis – By Implementation Model
9.1 Overview
9.2 Health Information Exchange Market Revenue Share, by Implementation Model (2020 and 2028)
9.3 Centralized
9.3.1 Overview
9.3.2 Centralized: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Decentralized
9.4.1 Overview
9.4.2 Decentralized: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Hybrid
9.5.1 Overview
9.5.2 Hybrid: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)
10. Health Information Exchange Market Analysis – By Application
10.1 Overview
10.2 Health Information Exchange Market Revenue Share, by Application (2020 and 2028)
10.3 Workflow Management
10.3.1 Overview
10.3.2 Workflow Management: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)
10.4 Internal Interfacing
10.4.1 Overview
10.4.2 Internal Interfacing: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)
10.5 Web Portal Development
10.5.1 Overview
10.5.2 Web Portal Development: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)
10.6 Other Application
10.6.1 Overview
10.6.2 Other Application: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)
11. Health Information Exchange Analysis – By End User
11.1 Overview
11.2 Health Information Exchange Share, by End User, 2020 and 2028, (%)
11.3 Healthcare Providers
11.3.1 Overview
11.3.2 Healthcare Providers: Health Information Exchange – Revenue and Forecast to 2028 (US$ Million)
11.4 Healthcare Payers
11.4.1 Overview
11.4.2 Healthcare Payers: Health Information Exchange – Revenue and Forecast to 2028 (US$ Million)
11.5 Pharmacies
11.5.1 Overview
11.5.2 Pharmacies: Health Information Exchange – Revenue and Forecast to 2028 (US$ Million)
12. Health Information Exchange Market Analysis – By Deployment
12.1 Overview
12.2 Health Information Exchange Market Revenue Share, by Deployment (2020 and 2028)
12.3 On-Premise
12.3.1 Overview
12.3.2 On-Premise: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)
12.4 Cloud Based
12.4.1 Overview
12.4.2 Internal Interfacing: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)
13. Global Health Information Exchange Market – Geographical Analysis
13.1 North America: Health Information Exchange Market
13.1.1 Overview
13.1.2 North America: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
13.1.3 North America: Health Information Exchange Market, by Set Up, 2019–2028 (USD Million)
13.1.4 North America: Health Information Exchange Market, by Type, 2019–2028 (USD Million)
13.1.5 North America: Health Information Exchange Market, by Implementation Model, 2019–2028 (USD Million)
13.1.6 North America: Health Information Exchange Market, by Application, 2019–2028 (USD Million)
13.1.7 North America: Health Information Exchange Market, by End User, 2019–2028 (USD Million)
13.1.8 North America: Health Information Exchange Market, by Deployment, 2019–2028 (USD Million)
13.1.9 North America: Health Information Exchange Market, by Country, 2020 & 2028 (%)
13.1.9.1 US: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
13.1.9.1.1 US: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
13.1.9.1.2 US: Health Information Exchange Market, by Set up, 2019–2028 (USD Million)
13.1.9.1.3 US: Health Information Exchange Market, by Type, 2019–2028 (USD Million)
13.1.9.1.4 US: Health Information Exchange Market, by Implementation Model, 2019–2028 (USD Million)
13.1.9.1.5 US: Health Information Exchange Market, by Application, 2019–2028 (USD Million)
13.1.9.1.6 US: Health Information Exchange Market, by End User, 2019–2028 (USD Million)
13.1.9.1.7 US: Health Information Exchange Market, by Deployment, 2019–2028 (USD Million)
13.1.9.2 Canada: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
13.1.9.2.1 Canada: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
13.1.9.2.2 Canada: Health Information Exchange Market, by Set up, 2019–2028 (USD Million)
13.1.9.2.3 Canada: Health Information Exchange Market, by Type, 2019–2028 (USD Million)
13.1.9.2.4 Canada: Health Information Exchange Market, by Implementation Model, 2019–2028 (USD Million)
13.1.9.2.5 Canada: Health Information Exchange Market, by Application, 2019–2028 (USD Million)
13.1.9.2.6 Canada: Health Information Exchange Market, by End User, 2019–2028 (USD Million)
13.1.9.2.7 Canada: Health Information Exchange Market, by Deployment, 2019–2028 (USD Million)
13.1.9.3 Mexico: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
13.1.9.3.1 Mexico: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
13.1.9.3.2 Mexico: Health Information Exchange Market, by Set up, 2019–2028 (USD Million)
13.1.9.3.3 Mexico: Health Information Exchange Market, by Type, 2019–2028 (USD Million)
13.1.9.3.4 Mexico: Health Information Exchange Market, by Implementation Model, 2019–2028 (USD Million)
13.1.9.3.5 Mexico: Health Information Exchange Market, by Application, 2019–2028 (USD Million)
13.1.9.3.6 Mexico: Health Information Exchange Market, by End User, 2019–2028 (USD Million)
13.1.9.3.7 Mexico: Health Information Exchange Market, by Deployment, 2019–2028 (USD Million)
13.2 Europe: Health Information Exchange Market Revenue and Forecast to 2028
13.2.1 Overview
13.2.2 Europe: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
13.2.3 Europe: Health Information Exchange Market, by Set Up, 2019–2028 (USD Million)
13.2.4 Europe: Health Information Exchange Market, by Type, 2019–2028 (USD Million)
13.2.5 Europe: Health Information Exchange Market, by Implementation Model, 2019–2028 (USD Million)
13.2.6 Europe: Health Information Exchange Market, by Application, 2019–2028 (USD Million)
13.2.7 Europe: Health Information Exchange Market, by End User, 2019–2028 (USD Million)
13.2.8 Europe: Health Information Exchange Market, by Deployment, 2019–2028 (USD Million)
13.2.9 Europe: Health Information Exchange Market, by Country, 2020 & 2028 (%)
13.2.9.1 Germany: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
13.2.9.1.1 Germany: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
13.2.9.1.2 Germany: Health Information Exchange Market, by Set Up, 2019–2028 (USD Million)
13.2.9.1.3 Germany: Health Information Exchange Market, by Type, 2019–2028 (USD Million)
13.2.9.1.4 Germany: Health Information Exchange Market, by Implementation Model, 2019–2028 (USD Million)
13.2.9.1.5 Germany: Health Information Exchange Market, by Application, 2019–2028 (USD Million)
13.2.9.1.6 Germany: Health Information Exchange Market, by Application, 2019–2028 (USD Million)
13.2.9.1.7 Germany: Health Information Exchange Market, by Application, 2019–2028 (USD Million)
13.2.9.2 UK: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
13.2.9.2.1 UK: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
13.2.9.2.2 UK: Health Information Exchange Market, by Technology, 2019–2028 (USD Million)
13.2.9.2.3 UK: Health Information Exchange Market, by Type, 2019–2028 (USD Million)
13.2.9.2.4 UK: Health Information Exchange Market, by Placement, 2019–2028 (USD Million)
13.2.9.2.5 UK: Health Information Exchange Market, by Application, 2019–2028 (USD Million)
13.2.9.2.6 UK: Health Information Exchange Market, by Application, 2019–2028 (USD Million)
13.2.9.2.7 UK: Health Information Exchange Market, by Deployment, 2019–2028 (USD Million)
13.2.9.3 France: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
13.2.9.3.1 France: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
13.2.9.3.2 France: Health Information Exchange Market, by Set Up, 2019–2028 (USD Million)
13.2.9.3.3 France: Health Information Exchange Market, by Type, 2019–2028 (USD Million)
13.2.9.3.4 France: Health Information Exchange Market, by Implementation Model, 2019–2028 (USD Million)
13.2.9.3.5 France: Health Information Exchange Market, by Application, 2019–2028 (USD Million)
13.2.9.3.6 France: Health Information Exchange Market, by End User, 2019–2028 (USD Million)
13.2.9.3.7 France: Health Information Exchange Market, by Deployment, 2019–2028 (USD Million)
13.2.9.4 Italy: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
13.2.9.4.1 Italy: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
13.2.9.4.2 Italy: Health Information Exchange Market, by Technology, 2019–2028 (USD Million)
13.2.9.4.3 Italy: Health Information Exchange Market, by Type, 2019–2028 (USD Million)
13.2.9.4.4 Italy: Health Information Exchange Market, by Placement, 2019–2028 (USD Million)
13.2.9.4.5 Italy: Health Information Exchange Market, by Application, 2019–2028 (USD Million)
13.2.9.4.6 Italy: Health Information Exchange Market, by End User, 2019–2028 (USD Million)
13.2.9.4.7 Italy: Health Information Exchange Market, by Deployment, 2019–2028 (USD Million)
13.2.9.5 Spain: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
13.2.9.5.1 Spain: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
13.2.9.5.2 Spain: Health Information Exchange Market, by Set Up, 2019–2028 (USD Million)
13.2.9.5.3 Spain: Health Information Exchange Market, by Type, 2019–2028 (USD Million)
13.2.9.5.4 Spain: Health Information Exchange Market, by Implementation Model, 2019–2028 (USD Million)
13.2.9.5.5 Spain: Health Information Exchange Market, by Application, 2019–2028 (USD Million)
13.2.9.5.6 Spain: Health Information Exchange Market, by End User, 2019–2028 (USD Million)
13.2.9.5.7 Spain: Health Information Exchange Market, by Deployment, 2019–2028 (USD Million)
13.2.9.6 Rest of Europe: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
13.2.9.6.1 Rest of Europe: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
13.2.9.6.2 Rest of Europe: Health Information Exchange Market, by Set Up, 2019–2028 (USD Million)
13.2.9.6.3 Rest of Europe: Health Information Exchange Market, by Type, 2019–2028 (USD Million)
13.2.9.6.4 Rest of Europe: Health Information Exchange Market, by Implementation Model, 2019–2028 (USD Million)
13.2.9.6.5 Rest of Europe: Health Information Exchange Market, by Application, 2019–2028 (USD Million)
13.2.9.6.6 Rest of Europe: Health Information Exchange Market, by End User, 2019–2028 (USD Million)
13.2.9.6.7 Rest of Europe: Health Information Exchange Market, by Deployment, 2019–2028 (USD Million)
13.3 Asia Pacific: Health Information Exchange Market Revenue and Forecast to 2028
13.3.1 Overview
13.3.2 Asia Pacific: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
13.3.3 Asia Pacific: Health Information Exchange Market, by Set Up, 2019–2028 (USD Million)
13.3.4 Asia Pacific: Health Information Exchange Market, by Type, 2019–2028 (USD Million)
13.3.5 Asia Pacific: Health Information Exchange Market, by Implementation Model, 2019–2028 (USD Million)
13.3.6 Asia Pacific: Health Information Exchange Market, by Application, 2019–2028 (USD Million)
13.3.7 Asia Pacific: Health Information Exchange Market, by End User, 2019–2028 (USD Million)
13.3.8 Asia Pacific: Health Information Exchange Market, by Deployment, 2019–2028 (USD Million)
13.3.9 Asia Pacific: Health Information Exchange Market, by Country, 2020 & 2028 (%)
13.3.9.1 China: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
13.3.9.1.1 China: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
13.3.9.1.2 China: Health Information Exchange Market, by Set Up, 2019–2028 (USD Million)
13.3.9.1.3 China: Health Information Exchange Market, by Type, 2019–2028 (USD Million)
13.3.9.1.4 China: Health Information Exchange Market, by Implementation Model, 2019–2028 (USD Million)
13.3.9.1.5 China: Health Information Exchange Market, by Application, 2019–2028 (USD Million)
13.3.9.1.6 China: Health Information Exchange Market, by End User, 2019–2028 (USD Million)
13.3.9.1.7 China: Health Information Exchange Market, by Deployment, 2019–2028 (USD Million)
13.3.9.2 Japan: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
13.3.9.2.1 Japan: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
13.3.9.2.2 Japan: Health Information Exchange Market, by Set Up, 2019–2028 (USD Million)
13.3.9.2.3 Japan: Health Information Exchange Market, by Type, 2019–2028 (USD Million)
13.3.9.2.4 Japan: Health Information Exchange Market, by Implementation Model, 2019–2028 (USD Million)
13.3.9.2.5 Japan: Health Information Exchange Market, by Application, 2019–2028 (USD Million)
13.3.9.2.6 Japan: Health Information Exchange Market, by End User, 2019–2028 (USD Million)
13.3.9.2.7 Japan: Health Information Exchange Market, by Deployment, 2019–2028 (USD Million)
13.3.9.3 India: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
13.3.9.3.1 India: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
13.3.9.3.2 India: Health Information Exchange Market, by Set Up, 2019–2028 (USD Million)
13.3.9.3.3 India: Health Information Exchange Market, by Type, 2019–2028 (USD Million)
13.3.9.3.4 India: Health Information Exchange Market, by Implementation Model, 2019–2028 (USD Million)
13.3.9.3.5 India: Health Information Exchange Market, by Application, 2019–2028 (USD Million)
13.3.9.3.6 India: Health Information Exchange Market, by End User, 2019–2028 (USD Million)
13.3.9.3.7 India: Health Information Exchange Market, by Deployment, 2019–2028 (USD Million)
13.3.9.4 South Korea: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
13.3.9.4.1 South Korea: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
13.3.9.4.2 South Korea: Health Information Exchange Market, by Set Up, 2019–2028 (USD Million)
13.3.9.4.3 South Korea: Health Information Exchange Market, by Type, 2019–2028 (USD Million)
13.3.9.4.4 South Korea: Health Information Exchange Market, by Implementation Model, 2019–2028 (USD Million)
13.3.9.4.5 South Korea: Health Information Exchange Market, by Application, 2019–2028 (USD Million)
13.3.9.4.6 South Korea: Health Information Exchange Market, by End User, 2019–2028 (USD Million)
13.3.9.4.7 South Korea: Health Information Exchange Market, by Deployment, 2019–2028 (USD Million)
13.3.9.5 Australia: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
13.3.9.5.1 Australia: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
13.3.9.5.2 Australia: Health Information Exchange Market, by Set Up, 2019–2028 (USD Million)
13.3.9.5.3 Australia: Health Information Exchange Market, by Type, 2019–2028 (USD Million)
13.3.9.5.4 Australia: Health Information Exchange Market, by Implementation Model, 2019–2028 (USD Million)
13.3.9.5.5 Australia: Health Information Exchange Market, by Application, 2019–2028 (USD Million)
13.3.9.5.6 Australia: Health Information Exchange Market, by End User, 2019–2028 (USD Million)
13.3.9.5.7 Australia: Health Information Exchange Market, by Deployment, 2019–2028 (USD Million)
13.3.9.6 Rest of Asia Pacific: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
13.3.9.6.1 Rest of Asia Pacific: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
13.3.9.6.2 Rest of Asia Pacific: Health Information Exchange Market, by Set Up, 2019–2028 (USD Million)
13.3.9.6.3 Rest of Asia Pacific: Health Information Exchange Market, by Type, 2019–2028 (USD Million)
13.3.9.6.4 Rest of Asia Pacific: Health Information Exchange Market, by Implementation Model, 2019–2028 (USD Million)
13.3.9.6.5 Rest of Asia Pacific: Health Information Exchange Market, by Application, 2019–2028 (USD Million)
13.3.9.6.6 Rest of Asia Pacific: Health Information Exchange Market, by End User, 2019–2028 (USD Million)
13.3.9.6.7 Rest of Asia Pacific: Health Information Exchange Market, by Deployment, 2019–2028 (USD Million)
13.4 Middle East & Africa: Health Information Exchange Market
13.4.1 Overview
13.4.2 Middle East & Africa: Health Information Exchange Market - Revenue and Forecast to 2028 (USD Million)
13.4.3 Middle East and Africa: Health Information Exchange Market, by Set Up, 2019–2028 (USD Million)
13.4.4 Middle East and Africa: Health Information Exchange Market, by Type, 2019–2028 (USD Million)
13.4.5 Middle East and Africa: Health Information Exchange Market, by Implementation Model, 2019–2028 (USD Million)
13.4.6 Middle East and Africa: Health Information Exchange Market, by Application, 2019–2028 (USD Million)
13.4.7 Middle East and Africa: Health Information Exchange Market, by End User, 2019–2028 (USD Million)
13.4.8 Middle East and Africa: Health Information Exchange Market, by Deployment, 2019–2028 (USD Million)
13.4.9 Middle East & Africa: Health Information Exchange Market Share by Country – 2020 & 2028, (%)
13.4.9.1 UAE: Health Information Exchange Market- Revenue and Forecasts to 2028 (USD Million)
13.4.9.1.1 UAE: Health Information Exchange Market- Revenue and Forecasts to 2028 (USD Million)
13.4.9.1.2 UAE: Health Information Exchange Market, by Set up, 2019–2028 (USD Million)
13.4.9.1.3 UAE: Health Information Exchange Market, by Type, 2019–2028 (USD Million)
13.4.9.1.4 UAE: Health Information Exchange Market, by Implementation Model, 2019–2028 (USD Million)
13.4.9.1.5 UAE: Health Information Exchange Market, by Application, 2019–2028 (USD Million)
13.4.9.1.6 UAE: Health Information Exchange Market, by End User, 2019–2028 (USD Million)
13.4.9.1.7 UAE: Health Information Exchange Market, by Deployment, 2019–2028 (USD Million)
13.4.9.2 Saudi Arabia: Health Information Exchange Market- Revenue and Forecasts to 2028 (USD Million)
13.4.9.2.1 Saudi Arabia: Health Information Exchange Market- Revenue and Forecasts to 2028 (USD Million)
13.4.9.2.2 Saudi Arabia: Health Information Exchange Market, by Set up, 2019–2028 (USD Million)
13.4.9.2.3 Saudi Arabia: Health Information Exchange Market, by Type, 2019–2028 (USD Million)
13.4.9.2.4 Saudi Arabia: Health Information Exchange Market, by Implementation Model, 2019–2028 (USD Million)
13.4.9.2.5 Saudi Arabia: Health Information Exchange Market, by Application, 2019–2028 (USD Million)
13.4.9.2.6 Saudi Arabia: Health Information Exchange Market, by End User, 2019–2028 (USD Million)
13.4.9.2.7 Saudi Arabia: Health Information Exchange Market, by Deployment, 2019–2028 (USD Million)
13.4.9.3 South Africa: Health Information Exchange Market - Revenue and Forecasts to 2028 (USD Million)
13.4.9.3.1 South Africa: Health Information Exchange Market- Revenue and Forecasts to 2028 (USD Million)
13.4.9.3.2 South Africa: Health Information Exchange Market, by Set up, 2019–2028 (USD Million)
13.4.9.3.3 South Africa: Health Information Exchange Market, by Type, 2019–2028 (USD Million)
13.4.9.3.4 South Africa: Health Information Exchange Market, by Implementation Model, 2019–2028 (USD Million)
13.4.9.3.5 South Africa: Health Information Exchange Market, by Application, 2019–2028 (USD Million)
13.4.9.3.6 South Africa: Health Information Exchange Market, by End User, 2019–2028 (USD Million)
13.4.9.3.7 South Africa: Health Information Exchange Market, by Deployment, 2019–2028 (USD Million)
13.4.9.4 Rest of Middle East and Africa: Health Information Exchange Market - Revenue and Forecasts to 2028 (USD Million)
13.4.9.4.1 Rest of Middle East and Africa: Health Information Exchange Market- Revenue and Forecasts to 2028 (USD Million)
13.4.9.4.2 Rest of Middle East and Africa: Health Information Exchange Market, by Set up, 2019–2028 (USD Million)
13.4.9.4.3 Rest of Middle East and Africa: Health Information Exchange Market, by Type, 2019–2028 (USD Million)
13.4.9.4.4 Rest of Middle East and Africa: Health Information Exchange Market, by Implementation Model, 2019–2028 (USD Million)
13.4.9.4.5 Rest of Middle East and Africa: Health Information Exchange Market, by Application, 2019–2028 (USD Million)
13.4.9.4.6 Rest of Middle East and Africa: Health Information Exchange Market, by End User, 2019–2028 (USD Million)
13.4.9.4.7 Rest of Middle East and Africa: Health Information Exchange Market, by Deployment, 2019–2028 (USD Million)
13.5 South and Central America: Health Information Exchange Market
13.5.1 Overview
13.5.2 South and Central America: Health Information Exchange Market - Revenue and Forecast to 2028 (USD Million)
13.5.3 South and Central America: Health Information Exchange Market, by Set Up, 2019–2028 (USD Million)
13.5.4 South and Central America: Health Information Exchange Market, by Type, 2019–2028 (USD Million)
13.5.5 South and Central America: Health Information Exchange Market, by Implementation Model, 2019–2028 (USD Million)
13.5.6 South and Central America: Health Information Exchange Market, by Application, 2019–2028 (USD Million)
13.5.7 South and Central America: Health Information Exchange Market, by End User, 2019–2028 (USD Million)
13.5.8 South and Central America: Health Information Exchange Market, by Deployment, 2019–2028 (USD Million)
13.5.9 South and Central America: Health Information Exchange Market Share by Country – 2020 & 2028, (%)
13.5.9.1 Brazil: Health Information Exchange Market- Revenue and Forecasts to 2028 (USD Million)
13.5.9.1.1 Brazil: Health Information Exchange Market- Revenue and Forecasts to 2028 (USD Million)
13.5.9.1.2 Brazil: Health Information Exchange Market, by Set up, 2019–2028 (USD Million)
13.5.9.1.3 Brazil: Health Information Exchange Market, by Type, 2019–2028 (USD Million)
13.5.9.1.4 Brazil: Health Information Exchange Market, by Implementation Model, 2019–2028 (USD Million)
13.5.9.1.5 Brazil: Health Information Exchange Market, by Application, 2019–2028 (USD Million)
13.5.9.1.6 Brazil: Health Information Exchange Market, by End User, 2019–2028 (USD Million)
13.5.9.1.7 Brazil: Health Information Exchange Market, by Deployment, 2019–2028 (USD Million)
13.5.9.2 Argentina: Health Information Exchange Market- Revenue and Forecasts to 2028 (USD Million)
13.5.9.2.1 Argentina: Health Information Exchange Market- Revenue and Forecasts to 2028 (USD Million)
13.5.9.2.2 Argentina: Health Information Exchange Market, by Set up, 2019–2028 (USD Million)
13.5.9.2.3 Argentina: Health Information Exchange Market, by Type, 2019–2028 (USD Million)
13.5.9.2.4 Argentina: Health Information Exchange Market, by Implementation Model, 2019–2028 (USD Million)
13.5.9.2.5 Argentina: Health Information Exchange Market, by Application, 2019–2028 (USD Million)
13.5.9.2.6 Argentina: Health Information Exchange Market, by End User, 2019–2028 (USD Million)
13.5.9.2.7 Argentina: Health Information Exchange Market, by Deployment, 2019–2028 (USD Million)
13.5.9.3 Rest of South and Central America: Health Information Exchange Market- Revenue and Forecasts to 2028 (USD Million)
13.5.9.3.1 Rest of South and Central America: Health Information Exchange Market- Revenue and Forecasts to 2028 (USD Million)
13.5.9.3.2 Rest of South and Central America: Health Information Exchange Market, by Set up, 2019–2028 (USD Million)
13.5.9.3.3 Rest of South and Central America: Health Information Exchange Market, by Type, 2019–2028 (USD Million)
13.5.9.3.4 Rest of South and Central America: Health Information Exchange Market, by Implementation Model, 2019–2028 (USD Million)
13.5.9.3.5 Rest of South and Central America: Health Information Exchange Market, by Application, 2019–2028 (USD Million)
13.5.9.3.6 Rest of South and Central America: Health Information Exchange Market, by End User, 2019–2028 (USD Million)
13.5.9.3.7 Rest of South and Central America: Health Information Exchange Market, by Deployment, 2019–2028 (USD Million)
14. Impact Of COVID-19 Pandemic on Global Health Information Exchange Market
14.1 North America: Impact Assessment of COVID-19 Pandemic
14.2 Europe: Impact Assessment Of COVID-19 Pandemic
14.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
14.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
14.5 South and Central America: Impact Assessment of COVID-19 Pandemic
15. Health Information Exchange Market– Industry Landscape
15.1 Overview
15.2 Growth Strategies Done by the Companies in the Market, (%)
15.3 Organic Developments
15.3.1 Overview
15.4 Inorganic Developments
15.4.1 Overview
16. Company Profiles
16.1 Health Catalyst, Inc.
16.1.1 Key Facts
16.1.2 Business Description
16.1.3 Products and Services
16.1.4 Financial Overview
16.1.5 SWOT Analysis
16.1.6 Key Developments
16.2 Nextgen Healthcare Information System, LLC
16.2.1 Key Facts
16.2.2 Business Description
16.2.3 Products and Services
16.2.4 Financial Overview
16.2.5 SWOT Analysis
16.2.6 Key Developments
16.3 McKesson Corporation
16.3.1 Key Facts
16.3.2 Business Description
16.3.3 Products and Services
16.3.4 Financial Overview
16.3.5 SWOT Analysis
16.3.6 Key Developments
16.4 Optum, Inc.
16.4.1 Key Facts
16.4.2 Business Description
16.4.3 Products and Services
16.4.4 Financial Overview
16.4.5 SWOT Analysis
16.4.6 Key Developments
16.5 Oracle Corporation
16.5.1 Key Facts
16.5.2 Business Description
16.5.3 Products and Services
16.5.4 Financial Overview
16.5.5 SWOT Analysis
16.5.6 Key Developments
16.6 eClinicalWorks
16.6.1 Key Facts
16.6.2 Business Description
16.6.3 Products and Services
16.6.4 Financial Overview
16.6.5 SWOT Analysis
16.6.6 Key Developments
16.7 Allscripts Healthcare, LLC
16.7.1 Key Facts
16.7.2 Business Description
16.7.3 Products and Services
16.7.4 Financial Overview
16.7.5 SWOT Analysis
16.7.6 Key Developments
16.8 General Electric Company
16.8.1 Key Facts
16.8.2 Business Description
16.8.3 Products and Services
16.8.4 Financial Overview
16.8.5 SWOT Analysis
16.8.6 Key Developments
16.9 Cerner Corporation
16.9.1 Key Facts
16.9.2 Business Description
16.9.3 Products and Services
16.9.4 Financial Overview
16.9.5 SWOT Analysis
16.9.6 Key Developments
16.10 Orion Health group of companies
16.10.1 Key Facts
16.10.2 Business Description
16.10.3 Products and Services
16.10.4 Financial Overview
16.10.5 SWOT Analysis
16.10.6 Key Developments
17. Appendix
17.1 About the Insight Partners
17.2 Glossary of Terms
LIST OF TABLES
Table 1. North America Health Information Exchange Market, by Set Up – Revenue and Forecast to 2028 (USD Million)
Table 2. North America Health Information Exchange Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 3. North America Health Information Exchange Market, by Implementation Model – Revenue and Forecast to 2028 (USD Million)
Table 4. North America Health Information Exchange Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 5. North America Health Information Exchange Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 6. North America Health Information Exchange Market, by Deployment – Revenue and Forecast to 2028 (USD Million)
Table 7. US Health Information Exchange Market, by Set Up – Revenue and Forecast to 2028 (USD Million)
Table 8. US Health Information Exchange Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 9. US Health Information Exchange Market, by Implementation Model – Revenue and Forecast to 2028 (USD Million)
Table 10. US Health Information Exchange Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 11. US Health Information Exchange Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 12. US Health Information Exchange Market, by Deployment – Revenue and Forecast to 2028 (USD Million)
Table 13. Canada Health Information Exchange Market, by Set Up – Revenue and Forecast to 2028 (USD Million)
Table 14. Canada Health Information Exchange Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 15. Canada Health Information Exchange Market, by Implementation Model – Revenue and Forecast to 2028 (USD Million)
Table 16. Canada Health Information Exchange Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 17. Canada Health Information Exchange Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 18. Canada Health Information Exchange Market, by Deployment – Revenue and Forecast to 2028 (USD Million)
Table 19. Mexico Health Information Exchange Market, by Set Up – Revenue and Forecast to 2028 (USD Million)
Table 20. Mexico Health Information Exchange Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 21. Mexico Health Information Exchange Market, by Implementation Model – Revenue and Forecast to 2028 (USD Million)
Table 22. Mexico Health Information Exchange Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 23. Mexico Health Information Exchange Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 24. Mexico Health Information Exchange Market, by Deployment – Revenue and Forecast to 2028 (USD Million)
Table 25. Europe: Health Information Exchange Market, by Set Up – Revenue and Forecast to 2028 (USD Million)
Table 26. Europe: Health Information Exchange Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 27. Europe Health Information Exchange Market, by Implementation Model – Revenue and Forecast to 2028 (USD Million)
Table 28. Europe Health Information Exchange Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 29. Europe Health Information Exchange Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 30. Europe Health Information Exchange Market, by Deployment – Revenue and Forecast to 2028 (USD Million)
Table 31. Germany Health Information Exchange Market, by Set Up – Revenue and Forecast to 2028 (USD Million)
Table 32. Germany Health Information Exchange Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 33. Germany Health Information Exchange Market, by Implementation Model – Revenue and Forecast to 2028 (USD Million)
Table 34. Germany Health Information Exchange Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 35. Germany Health Information Exchange Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 36. Germany Health Information Exchange Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 37. UK Health Information Exchange Market, by Technology – Revenue and Forecast to 2028 (USD Million)
Table 38. UK Health Information Exchange Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 39. UK Health Information Exchange Market, by Placement – Revenue and Forecast to 2028 (USD Million)
Table 40. UK Health Information Exchange Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 41. UK Health Information Exchange Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 42. UK Health Information Exchange Market, by Deployment – Revenue and Forecast to 2028 (USD Million)
Table 43. France Health Information Exchange Market, by Set Up – Revenue and Forecast to 2028 (USD Million)
Table 44. France Health Information Exchange Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 45. France Health Information Exchange Market, by Implementation Model – Revenue and Forecast to 2028 (USD Million)
Table 46. France Health Information Exchange Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 47. France Health Information Exchange Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 48. France Health Information Exchange Market, by Deployment – Revenue and Forecast to 2028 (USD Million)
Table 49. Italy Health Information Exchange Market, by Technology – Revenue and Forecast to 2028 (USD Million)
Table 50. Italy Health Information Exchange Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 51. Italy Health Information Exchange Market, by Placement – Revenue and Forecast to 2028 (USD Million)
Table 52. Italy Health Information Exchange Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 53. Italy Health Information Exchange Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 54. Italy Health Information Exchange Market, by Deployment – Revenue and Forecast to 2028 (USD Million)
Table 55. Spain Health Information Exchange Market, by Set Up – Revenue and Forecast to 2028 (USD Million)
Table 56. Spain Health Information Exchange Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 57. Spain Health Information Exchange Market, by Implementation Model– Revenue and Forecast to 2028 (USD Million)
Table 58. Spain Health Information Exchange Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 59. Spain Health Information Exchange Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 60. Spain Health Information Exchange Market, by Deployment – Revenue and Forecast to 2028 (USD Million)
Table 61. Rest of Europe Health Information Exchange Market, by Set Up – Revenue and Forecast to 2028 (USD Million)
Table 62. Rest of Europe Health Information Exchange Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 63. Rest of Europe Health Information Exchange Market, by Implementation Model – Revenue and Forecast to 2028 (USD Million)
Table 64. Rest of Europe Health Information Exchange Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 65. Rest of Europe Health Information Exchange Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 66. Rest of Europe Health Information Exchange Market, by Deployment– Revenue and Forecast to 2028 (USD Million)
Table 67. Asia Pacific Health Information Exchange Market, by Set Up, Revenue and Forecast to 2028 (USD Million)
Table 68. Asia Pacific Health Information Exchange Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 69. Asia Pacific Health Information Exchange Market, by Implementation Model – Revenue and Forecast to 2028 (USD Million)
Table 70. Asia Pacific Health Information Exchange Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 71. Asia Pacific Health Information Exchange Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 72. Asia Pacific Health Information Exchange Market, by Deployment – Revenue and Forecast to 2028 (USD Million)
Table 73. China Health Information Exchange Market, by Set Up – Revenue and Forecast to 2028 (USD Million)
Table 74. China Health Information Exchange Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 75. China Health Information Exchange Market, by Implementation Model – Revenue and Forecast to 2028 (USD Million)
Table 76. China Health Information Exchange Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 77. China Health Information Exchange Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 78. China Health Information Exchange Market, by Deployment – Revenue and Forecast to 2028 (USD Million)
Table 79. Japan Health Information Exchange Market, by Set Up – Revenue and Forecast to 2028 (USD Million)
Table 80. Japan Health Information Exchange Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 81. Japan Health Information Exchange Market, by Implementation Model – Revenue and Forecast to 2028 (USD Million)
Table 82. Japan Health Information Exchange Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 83. Japan Health Information Exchange Market, by End User– Revenue and Forecast to 2028 (USD Million)
Table 84. Japan Health Information Exchange Market, by Deployment – Revenue and Forecast to 2028 (USD Million)
Table 85. India Health Information Exchange Market, by Set Up – Revenue and Forecast to 2028 (USD Million)
Table 86. India Health Information Exchange Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 87. India Health Information Exchange Market, by Implementation Model– Revenue and Forecast to 2028 (USD Million)
Table 88. India Health Information Exchange Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 89. India Health Information Exchange Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 90. India Health Information Exchange Market, by Deployment – Revenue and Forecast to 2028 (USD Million)
Table 91. South Korea Health Information Exchange Market, by Set Up – Revenue and Forecast to 2028 (USD Million)
Table 92. South Korea Health Information Exchange Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 93. South Korea Health Information Exchange Market, by Implementation Model – Revenue and Forecast to 2028 (USD Million)
Table 94. South Korea Health Information Exchange Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 95. South Korea Health Information Exchange Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 96. South Korea Health Information Exchange Market, by Deployment – Revenue and Forecast to 2028 (USD Million)
Table 97. Australia Health Information Exchange Market, by Set Up – Revenue and Forecast to 2028 (USD Million)
Table 98. Australia Health Information Exchange Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 99. Australia Health Information Exchange Market, by Implementation Model – Revenue and Forecast to 2028 (USD Million)
Table 100. Australia Health Information Exchange Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 101. Australia Health Information Exchange Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 102. Australia Health Information Exchange Market, by Deployment – Revenue and Forecast to 2028 (USD Million)
Table 103. Rest of Asia Pacific Health Information Exchange Market, by Set Up– Revenue and Forecast to 2028 (USD Million)
Table 104. Rest of Asia Pacific Health Information Exchange Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 105. Rest of Asia Pacific Health Information Exchange Market, by Implementation Model – Revenue and Forecast to 2028 (USD Million)
Table 106. Rest of Asia Pacific Health Information Exchange Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 107. Rest of Asia Pacific Health Information Exchange Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 108. Rest of Asia Pacific Health Information Exchange Market, by Deployment – Revenue and Forecast to 2028 (USD Million)
Table 109. Middle East and Africa Health Information Exchange Market, by Set Up – Revenue and Forecast to 2028 (USD Million)
Table 110. Middle East and Africa Health Information Exchange Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 111. Middle East and Africa Health Information Exchange Market, by Implementation Model – Revenue and Forecast to 2028 (USD Million)
Table 112. Middle East and Africa Health Information Exchange Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 113. Middle East and Africa Health Information Exchange Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 114. Middle East and Africa Health Information Exchange Market, by Deployment – Revenue and Forecast to 2028 (USD Million)
Table 115. UAE Health Information Exchange Market, by Set Up – Revenue and Forecast to 2028 (USD Million)
Table 116. UAE Health Information Exchange Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 117. UAE Health Information Exchange Market, by Implementation Model – Revenue and Forecast to 2028 (USD Million)
Table 118. UAE Health Information Exchange Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 119. UAE Health Information Exchange Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 120. UAE Health Information Exchange Market, by Deployment – Revenue and Forecast to 2028 (USD Million)
Table 121. Saudi Arabia Health Information Exchange Market, by Set Up – Revenue and Forecast to 2028 (USD Million)
Table 122. Saudi Arabia Health Information Exchange Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 123. Saudi Arabia Health Information Exchange Market, by Implementation Model – Revenue and Forecast to 2028 (USD Million)
Table 124. Saudi Arabia Health Information Exchange Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 125. Saudi Arabia Health Information Exchange Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 126. Saudi Arabia Health Information Exchange Market, by Deployment – Revenue and Forecast to 2028 (USD Million)
Table 127. South Africa Health Information Exchange Market, by Set Up – Revenue and Forecast to 2028 (USD Million)
Table 128. South Africa Health Information Exchange Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 129. South Africa Health Information Exchange Market, by Implementation Model – Revenue and Forecast to 2028 (USD Million)
Table 130. South Africa Health Information Exchange Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 131. South Africa Health Information Exchange Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 132. South Africa Health Information Exchange Market, by Deployment – Revenue and Forecast to 2028 (USD Million)
Table 133. Rest of Middle East and Africa Health Information Exchange Market, by Set Up – Revenue and Forecast to 2028 (USD Million)
Table 134. Rest of Middle East and Africa Health Information Exchange Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 135. Rest of Middle East and Africa Health Information Exchange Market, by Implementation Model – Revenue and Forecast to 2028 (USD Million)
Table 136. Rest of Middle East and Africa Health Information Exchange Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 137. Rest of Middle East and Africa Health Information Exchange Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 138. Rest of Middle East and Africa Health Information Exchange Market, by Deployment – Revenue and Forecast to 2028 (USD Million)
Table 139. South and Central America Health Information Exchange Market, by Set Up – Revenue and Forecast to 2028 (USD Million)
Table 140. South and Central America Health Information Exchange Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 141. South and Central America Health Information Exchange Market, by Implementation Model – Revenue and Forecast to 2028 (USD Million)
Table 142. South and Central America Health Information Exchange Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 143. South and Central America Health Information Exchange Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 144. South and Central America Health Information Exchange Market, by Deployment – Revenue and Forecast to 2028 (USD Million)
Table 145. Brazil Health Information Exchange Market, by Set Up – Revenue and Forecast to 2028 (USD Million)
Table 146. Brazil Health Information Exchange Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 147. Brazil Health Information Exchange Market, by Implementation Model – Revenue and Forecast to 2028 (USD Million)
Table 148. Brazil Health Information Exchange Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 149. Brazil Health Information Exchange Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 150. Brazil Health Information Exchange Market, by Deployment – Revenue and Forecast to 2028 (USD Million)
Table 151. Argentina Health Information Exchange Market, by Set Up – Revenue and Forecast to 2028 (USD Million)
Table 152. Argentina Health Information Exchange Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 153. Argentina Health Information Exchange Market, by Implementation Model – Revenue and Forecast to 2028 (USD Million)
Table 154. Argentina Health Information Exchange Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 155. Argentina Health Information Exchange Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 156. Argentina Health Information Exchange Market, by Deployment – Revenue and Forecast to 2028 (USD Million)
Table 157. Rest of South and Central America Health Information Exchange Market, by Set Up – Revenue and Forecast to 2028 (USD Million)
Table 158. Rest of South and Central America Health Information Exchange Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 159. Rest of South and Central America Health Information Exchange Market, by Implementation Model – Revenue and Forecast to 2028 (USD Million)
Table 160. Rest of South and Central America Health Information Exchange Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 161. Rest of South and Central America Health Information Exchange Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 162. Rest of South and Central America Health Information Exchange Market, by Deployment – Revenue and Forecast to 2028 (USD Million)
Table 163. Organic Developments Done by Companies
Table 164. Inorganic Developments Done by Companies
Table 165. Glossary of Terms, Electronic Health Record (EHR) Market
LIST OF FIGURES
Figure 1. Health Information Exchange Market Segmentation
Figure 2. Health Information Exchange Market Segmentation, By Region
Figure 3. Global Health Information Exchange Market Overview
Figure 4. Private by Set Up Segment Expected to Witness Rapid Growth
Figure 5. APAC to Show Significant Growth During Forecast Period
Figure 6. Health Information Exchange Market, by Geography (US$ Million)
Figure 7. Global Health Information Exchange Market – Leading Country Markets (US$ Million)
Figure 8. Global Health Information Exchange Market, Industry Landscape
Figure 9. Health Information Exchange Market in North America: PEST Analysis
Figure 10. Health Information Exchange Market in Europe: PEST Analysis
Figure 11. Health Information Exchange Market in Asia Pacific: PEST Analysis
Figure 12. Health Information Exchange Market in Middle East and Africa: PEST Analysis
Figure 13. Health Information Exchange Market in South and Central America: PEST Analysis
Figure 14. Health Information Exchange Market Impact Analysis of Drivers and Restraints
Figure 15. Global Health Information Exchange Market – Revenue Forecast and Analysis – 2019- 2028
Figure 16. Global Health Information Exchange Market – By Geography Forecast and Analysis – 2019- 2027
Figure 17. Market Positioning of Key Players in Global Health Information Exchange Market
Figure 18. Health Information Exchange Market, by Set Up 2020 & 2028 (%)
Figure 19. Public: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Private: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Health Information Exchange Market Revenue Share, by Type (2020 and 2028)
Figure 22. Query-Based: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Direct Mediated: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Consumer Medicated: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Health Information Exchange Market Revenue Share, by Implementation Model (2020 and 2028)
Figure 26. Centralized: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Decentralized: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Hybrid: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Health Information Exchange Market Revenue Share, by Application (2020 and 2028)
Figure 30. Workflow Management: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Internal Interfacing: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Web Portal Development: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Other Application: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. Health Information Exchange Share, by End User, 2020 and 2028 (%)
Figure 35. Healthcare Providers Health Information Exchange – Revenue and Forecast to 2028 (US$ Million)
Figure 36. Healthcare Payers: Health Information Exchange – Revenue and Forecast to 2028 (US$ Million)
Figure 37. Pharmacies: Health Information Exchange – Revenue and Forecast to 2028 (US$ Million)
Figure 38. Health Information Exchange Market Revenue Share, by Deployment (2020 and 2028)
Figure 39. On-Premise: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)
Figure 40. Internal Interfacing: Health Information Exchange Market – Revenue and Forecast to 2028 (US$ Million)
Figure 41. North America: Health Information Exchange Market, by Key Country – Revenue (2020) (USD Million)
Figure 42. North America Health Information Exchange Market Revenue and Forecast to 2028 (USD Million)
Figure 43. North America: Health Information Exchange Market, by Country, 2020 & 2028 (%)
Figure 44. US: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
Figure 45. Canada: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
Figure 46. Mexico: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
Figure 47. Europe: Health Information Exchange Market, by Key Country – Revenue (2020) (USD Million)
Figure 48. Europe Health Information Exchange Market Revenue and Forecast to 2028 (USD Million)
Figure 49. Europe: Health Information Exchange Market, by Country, 2020 & 2028 (%)
Figure 50. Germany: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
Figure 51. UK: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
Figure 52. France: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
Figure 53. Italy: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
Figure 54. Spain: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
Figure 55. Rest of Europe: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
Figure 56. Asia Pacific: Health Information Exchange Market, by Key Country – Revenue (2020) (USD Million)
Figure 57. Asia Pacific Health Information Exchange Market Revenue and Forecast to 2028 (USD Million)
Figure 58. Asia Pacific: Health Information Exchange Market, by Country, 2020 & 2028 (%)
Figure 59. China: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
Figure 60. Japan: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
Figure 61. India: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
Figure 62. South Korea: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
Figure 63. Australia: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
Figure 64. Rest of Asia Pacific: Health Information Exchange Market – Revenue and Forecast to 2028 (USD Million)
Figure 65. Middle East & Africa: Health Information Exchange Market, By Key Country – Revenue (2020) (USD Million)
Figure 66. Middle East & Africa: Health Information Exchange Market- Revenue and Forecasts To 2028 (USD Million)
Figure 67. Middle East & Africa: Health Information Exchange Market Share by Country – 2020 & 2028, (%)
Figure 68. UAE: Health Information Exchange Market- Revenue and Forecasts To 2028 (USD Million)
Figure 69. Saudi Arabia: Health Information Exchange Market- Revenue and Forecasts To 2028 (USD Million)
Figure 70. South Africa: Health Information Exchange Market- Revenue and Forecasts To 2028 (USD Million)
Figure 71. Rest of Middle East and Africa: Health Information Exchange Market- Revenue and Forecasts To 2028 (USD Million)
Figure 72. South and Central America: Health Information Exchange Market, By Key Country – Revenue (2020) (USD Million)
Figure 73. South and Central America: Health Information Exchange Market- Revenue and Forecasts To 2028 (USD Million)
Figure 74. South and Central America: Health Information Exchange Market Share by Country – 2020 & 2028, (%)
Figure 75. Brazil: Health Information Exchange Market- Revenue and Forecasts To 2028 (USD Million)
Figure 76. Argentina: Health Information Exchange Market- Revenue and Forecasts To 2028 (USD Million)
Figure 77. Rest of South and Central America: Health Information Exchange Market- Revenue and Forecasts To 2028 (USD Million)
Figure 78. Impact of COVID-19 Pandemic in North American Country Markets
Figure 79. Impact of COVID-19 Pandemic in European Country Markets
Figure 80. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 81. Impact Of COVID-19 Pandemic in Middle East and Africa Country Markets
Figure 82. Impact Of COVID-19 Pandemic in South and Central America Africa Country Markets
Figure 83. Growth Strategies Done by the Companies in the Market, (%)
The List of Companies - Healthcare Information Exchange Market
- eClinicalWorks
- Allscripts Healthcare, LLC
- General Electric Company
- Cerner Corporation
- Orion Health group of companies
- Health Catalyst, Inc.
- Nextgen Healthcare Information System, LLC
- McKesson Corporation
- Optum, Inc.
- Oracle Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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