Product Deployments Was the Most-widely Adopted Growth Strategy in the Health Information Exchange Market
The health information exchange market is projected to reach USD 2.0 billion by 2025 from USD 1.1 billion in 2020, at a CAGR of 12.2% during the forecast period. Growth in this market is driven by factors such as the growing focus on patient-centric care delivery, the growing need to curtail healthcare costs, government initiatives for enhancing patient care and safety, and government funding for healthcare interoperability. On the other hand, factors such as lack of true interoperability solutions, lack of standards, data privacy and security concerns, the need for significant investments in infrastructure development and the use of outdated legacy systems are expected to restrict market growth to a certain extent in the coming years. Epic Systems Corporation(US), Cerner Corporation (US), MEDITECH (US), and Change Healthcare(US) are considered to be the leading players in the health information exchange market. To know about the assumptions considered for the study downloa...