Healthcare Interoperability Market By Excellent Opportunities, Industry Growth, Size, And Statistics Forecasts Up To 2026

 Global Healthcare Interoperability Market

Healthcare interoperability is the ability of technical services and healthcare information systems to communicate with one another. This capacity is given by communicating between different healthcare databases and technical services to enhance healthcare service delivery. This entails the exchange of knowledge, medical practices, and physician communication through software/applications. Interoperability services are commonly used in hospitals and other healthcare facilities. For instance, an e-prescribing interoperability solution enables ambulatory healthcare providers to deliver medications to pharmacies electronically. According to a survey conducted by SureScripts, more than 70% of hospitals in the United States used electronic prescriptions in 2017.  

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Key factors driving market growth include increased adoption of interoperability technologies by healthcare authorities, increased investments to upgrade healthcare services, favorable government measures to improve patient safety, strong government support, and an emphasis on patient-centric care. Likewise, by offering real-time access to data, interoperability is projected to lower the total cost of delayed diagnosis and treatment. However, an increase in complexity due to a lack of accurate data, as well as privacy issues, is expected to stymie adoption of the interoperability solutions in the short term during the forecast period. System interoperability is projected to boost the overall healthcare industry during the prediction period.

The implementation of EHR software in developed and emerging regions would have a positive effect on the development of the healthcare interoperability industry. Because of the growing need for reliable healthcare services, data interoperability software has grown in popularity in recent years. Increasing healthcare costs would increase demand for data interoperability software that allows healthcare organizations to access patients' medical data, minimizing the number of repeat tests and making it easier for medical personnel to coordinate across divisions. However, in underdeveloped economies, a lack of knowledge about healthcare interoperability software could stymie industry growth over the study period.

 

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Key Market Players

  • Allscripts Healthcare Solutions, Inc.
  • InterSystems Corporation
  • Infor, Inc.
  • Koninklijke Philips NV
  • OSP Labs
  • Epic Systems Corporation
  • Orion Health Group Limited
  • INTERFACEWARE Inc.
  • Cerner Corporation
  • Quality Systems, Inc.
  • Jitterbit
  • ViSolve, Inc.

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Regional Segmentation: Global Healthcare Interoperability Market

    • North America
      • US
      • Canada
    • Europe
      • Germany
      • France
      • UK
      • Turkey
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Rest of Asia Pacific
    • Central and South America
      • Mexico
      • Brazil
      • Rest of Central and South America
    • Middle East & Africa
      • GCC
      • Rest of Middle East & Africa

Key Questions Answered

  • Market valuation in terms of value of the global healthcare interoperability market through the forecast span, 2019-25
  • Comprehensive market evaluation across major regions based on market segmentation
  • A thorough rundown on market dynamics such as drivers, threats, challenges, and opportunities
  • A clear analytical review of competition spectrum, highlighting industry forerunners, company as well as product portfolios
  • Major highlights on winning marketing strategies adopted by leading players

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Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code – Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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