Interoperability Solutions in Healthcare Market to be Valued at USD 5.29 Billion by 2027 Growing at a CAGR of 11.1%, says Emergen Research

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 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. The mobilization of individual health data across the full spectrum of health care providers within health organizations allows for coordinated, safe, and high-quality care that supports payment reforms, transparency efforts, and individuals’ ability to manage their health.

Consequently, the benefits provided by interoperability software for healthcare data will boost industry growth over the coming years. However, to achieve the right use of interoperability solutions and for their successful implementation, healthcare organizations are working holistically on strategies for data sharing & implementation, spanning the entire continuum of patient care.

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Top Companies in Interoperability Solutions in Healthcare Market are:

Orion Health Group Limited, Cerner Corporation Inc., InterSystems Corporation, Allscripts Healthcare Solutions, ViSolve Inc., Koninklijke Philips NV, iNTERFACEWARE, Quality Systems Inc., Infor Inc., and Epic Systems Corporation, among others.

Interoperability Solutions in Healthcare Market Drivers During Forecast Period:

By Level Outlook Segment:

Based on level, the semantics sub-segment contributed significantly to the market revenue, with a contribution of USD 0.66 billion in 2019 and is projected to register a CAGR of 9.9% in the estimated timeframe. The growth can be accredited to the ability of the level to facilitate the transfer of medical data online between different groups and clinicians across incompatible EHRs and other programs to augment the capacity of healthcare delivery, protection, effectiveness, and consistency.

By Solution Segment:

The solutions sub-segment is predicted to expand with a CAGR of 10.6% in the estimated timeframe attributable to the soaring requirement for more disclosure about patient health and rising incorporation of healthcare IT solutions to enhance the treatment quality and patient satisfaction.

By Application Segment:

The diagnostics application is a major factor in driving the market growth. The segment exhibited lucrative growth in the North American market accounting for 43.1% of the industry’s share in 2019. This can be accredited to the need for efficient knowledge for diagnosis allowing accurate assessments and evaluations by the healthcare providers.

By Regional Segment:

North America accounted for a substantial share of the industry in 2019, occupying 35.1% of the industry share. This can be accredited to the increasing incidences of cancers and increasing R&D activities for the development of innovative interoperability solutions, coupled with increasing financial support from the government. The Asia Pacific followed North America, accounting for an industry share of 31.2% in 2019.

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For the purpose of this report, Emergen Research has segmented the Global Interoperability Solutions in Healthcare Market on the basis of level, product type, application, and region:

Level Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2017-2027)

  • Foundational
  • Structural
  • Semantic

Product Type Outlook (Volume, Kilotons; Revenue, USD Billion; 2017-2027)

  • Solutions
  • Services

Application Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2017-2027)

  • Diagnostics
  • Treatment
  • Others

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Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2017-2027)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • U.K.
    • France
    • BENELUX
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Rest of LATAM
  • Middle East & Africa
    • Saudi Arabia
    • U.A.E.
    • Rest of MEA

Reasons to buy the report:

  1. This study segments the Interoperability Solutions in Healthcare market and derives the precise valuation of the overall, as well as segment-based, market across different industry verticals, geographies, and products.
  2. The report will help participants understand the trajectory of the progress of the market and provide information on key drivers, restraints, challenges, threats, and opportunities for the growth of the Interoperability Solutions in Healthcare sectors.
  3. This Interoperability Solutions in Healthcare report would allow readers to be well-versed with the existing competition and gain more insights to improve their standing in the worldwide business. The competitive landscape considers the dominant competitors, along with product launches and technological advancements, strategic expansions, mergers and acquisitions, and procurement strategies implemented by key players in the Interoperability Solutions in Healthcare market.

Key features of the report:

  • To study the key aspects impacting the Interoperability Solutions in Healthcare market size.
  • To identify growth prospects in the Interoperability Solutions in Healthcare market.
  • To analyze the Interoperability Solutions in Healthcare market segments and deduce the dominant trends observed in the industry.
  • To examine the Interoperability Solutions in Healthcare market by investigating the available products, market share, and value proposition of the products.
  • To analyze the industry by assessing the scope and application of the Interoperability Solutions in Healthcare market and highlight the growth of each application.

Table of Content

Chapter 1. Methodology & Sources

1.1. Market Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

1.4.1. Primary

1.4.2. Secondary

1.4.3. Paid Sources

1.5. Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2020-2030

Chapter 3. Key Insights

Chapter 4. Interoperability Solutions in Healthcare Market Segmentation & Impact Analysis

4.1. Interoperability Solutions in Healthcare Market Material Segmentation Analysis

4.2. Industrial Outlook

4.2.1. Market indicators analysis

4.2.2. Market drivers’ analysis

4.2.3. Market restraints analysis

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

Continued…

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Interoperability Solutions in Healthcare Market Size Worth USD 5.29 Billion By 2027 | CAGR of 11.1%

About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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