Interoperability is the propensity of various information systems, applications and devices to exchange, access and integrate cooperatively to use data in a synchronized way, across different organizations, regions and countries to supply information and improve the health of patients. Health data exchange architectures, application interfaces and standards allow the data to be examined and shared over the complete healthcare system.
MARKET SCOPE
The "Global Healthcare interoperability solution Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Healthcare interoperability solution market with detailed market segmentation by service type, categories, service provider and geography. The report provides key statistics on the market status of the leading Healthcare interoperability solution market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global Healthcare interoperability solution market is segmented into Software Solutions (EHR Interoperability Solutions,Lab System Interoperability Solutions,Imaging System Interoperability Solutions,Healthcare Information Exchange Interoperability Solutions,Enterprise Interoperability Solutions,Other Interoperability Solutions), Services.
- Based on Interoperability Level, the market is categorised into Foundational Interoperability, Structural Interoperability, Semantic Interoperability.
- Based on Mode of Deployment, the market is categorised into Cloud Based, On Premise.
- Based on application, the market is segmented into Diagnosis, Treatment, Others.
- Based on end user, the market is segmented into Healthcare Providers (Hospitals and Clinics,Long-Term Care Centers,Diagnostic and Imaging Centers,Other Providers), Healthcare Payers, Pharmacies.
MARKET DYNAMICS
Drivers:
- Increasing focus on health care interoperability solutions by health care authorities
- Rise in investments to enhance healthcare facilities
- Favorable government initiatives to improve patient care
Restraints:
- Increase in complexity due to lack of reliable data and privacy concerns.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Healthcare interoperability solution market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Healthcare interoperability solution market in these regions.
IMPACT OF COVID-19ON HEALTHCARE INTEROPERABILITY SOLUTION MARKET
With the outbreak of COVID-19 across the globe and the lockdown situation, there is an ongoing downturn in the overall healthcare market. COVID-19 was disastrous for major world economies, especially the healthcare sector. Prominent stakeholders are expected to adapt strategy to the rapidly changing situation. COVID-19 has re-emphasized the importance of remote diagnosis, care, and consultation. However, since many healthcare providers are currently working on video conferencing and telephone calls, this market will increase several folds over the next two years. The social distancing measures also mandated online consultation of patients with moderate symptoms. Owing to such factors, COVID 19 is expected to have a significant impact on healthcare interoperability solutions market.
MARKET PLAYERS
The report covers key developments in the Healthcare interoperability solution market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Healthcare interoperability solution market are anticipated to lucrative growth opportunities in the future with the rising demand for Healthcare interoperability solution in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Healthcare interoperability solution market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Allscripts Healthcare Solutions, Inc.
- Cerner Corporation
- Intersystems Corporation
- Orion Health Group Limited
- Koninklijke Philips N.V.
- Visolve Inc.
- Infor, Inc.
- Nextgen Healthcare, Inc.
- EPIC Systems Corporation
- iNTERFACEWARE