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Healthcare Information Exchange Market to reach USD 1.5 Billion by 2021

Healthcare Information Exchange Market is poised to reach USD 1529.50 million by 2021 – 178 pages report by Market Data Forecast
Mounika Chekuri | 28.03.2018
© Mounika Chekuri

Healthcare Information Exchange is conduction of social insurance data by electronic means between medicinal services experts, human services data association, and government offices inside an area as per the set national standards. It grants healthcare suppliers, patients, and different stakeholders to effectively get to and safely shares a patient's data electronically, by enhancing effectiveness, quality, security and cost of patient care.

The Global Healthcare Information Exchange Market was worth $985 million in 2016 and estimated to be growing at a CAGR of 9.2%, to reach $1529.50 million by 2021.

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Market Underlying Factors

In agreement with an examination that has been led at Sushoo Health Information Exchange, the strategy for trading tolerant data accompanies a cost of around USD 17,160 consistently for one time clinician rehearse. Accordingly, it makes an interest in the trading of patient data framework and proficient electronic stockpiling. Health data trade aids the rapid access and sharing of clinical information of patients with the medicinal services suppliers in order to give auspicious, proficient and successful conveyance of patient care.

Health data trade involves clinical information from various suppliers, general health information, and cost and action information from different suppliers and payers. The innovation offers a great patient care together with reduced uses that are related with manual undertakings, for example, mailing of patient records, printing of the archive, and furthermore time and endeavors that are included with recouping of patient reports. Structure and land extent of health data trade may shift crosswise over various topographies.

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Geographic Segmentation

Geographic Segmentation for the Global Spinal Cord StimulationMarket is done in Europe, Latin America, Asia Pacific, North America and the Middle East and Africa. North America with its advanced medical infrastructure and continuous investments in healthcare IT holds the largest chunk of market revenue for global healthcare information exchange market.

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Major companies in the Healthcare Information Exchange Market are Aetna Medcity, eClinical Works, RelayHealth, Medecision, Epic Corporation Inc., Cerner Corporation, RelayHealth Corporation, Infor Inc., Intersystems, Optum Inc., Alere Wellogic, NextGen Healthcare Information Systems, LLC, Covisint Corporation, Allscripts Healthcare Solutions Inc., and Orion Health.

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