Healthcare Interoperability Solution Market size to grow by USD 3,330.16 million from 2022 to 2027, Increasing adoption of EHRs to drive the market growth – Technavio

NEW YORK, May 4, 2023 /PRNewswire/ — The healthcare interoperability solution market is set to grow by USD 3,330.16 million from 2022 to 2027. The market is estimated to be progressing at a CAGR of 13.51% during the forecast period. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing adoption of EHRs. EHRs and electronic medical records (EMRs) are used to store information about patients in electronic documents. EHR systems automate access to information and streamline hospital workflows, and the digital data collected through EHRs and EMRs can be shared across various devices that are connected to a network. Therefore, doctors and physicians can use EHRs to access medical histories, diagnoses, medications, treatment plans, immunization dates, allergies, radiology images, and test results of patients. Hence, such factors will drive the market growth of the healthcare interoperability solution market during the forecast period. – Here is an exclusive report about market scenarios with a historical period (2017-2021) and forecast period (2023-2027). Download a Sample Report in minutes!

The report on the healthcare interoperability solution market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis. 

The healthcare interoperability solution market covers the following areas:

Healthcare Interoperability Solution Market Sizing
Healthcare Interoperability Solution Market Forecast
Healthcare Interoperability Solution Market Analysis

Healthcare Interoperability Solution Market 2023-2027 – Market Dynamics

Leading Trends

• The growing digitization of the healthcare industry is an emerging trend influencing the healthcare interoperability solution market growth. 
• The healthcare industry is moving toward digital health due to the trend of digitization in various industries.
• Healthcare services such as prescriptions, appointments, and diagnoses are made remotely by the use of the latest devices and technologies.
• Some of the most important factors that facilitate market growth include the proliferation of smartphones, improved Internet connectivity, advances in healthcare IT infrastructure, the increase in the need to reduce healthcare costs, the rise in the prevalence of chronic diseases, and access to virtual healthcare. 
• Hence, such trends will boost the growth of the market during the forecast period.

Major Challenges

• Concerns over the security of patient data and cyberattacks are the challenges that may impede the healthcare interoperability solution market growth. 
• The risk of data breaches, data piracy, and security issues due to the rise in the volume of personal information shared between patients and medical practitioners are some of the risks faced by the healthcare industry.
• Automated healthcare systems are used for storing the health records and clinical data of patients electronically, which increases the risks of data piracy and theft. 
• Modern healthcare systems are interconnected, creating security risks.
• Hence, such risks faced by the healthcare industry may impede market growth during the forecast period.

What’s New? 

• Special coverage on the Russia–Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession  
• Global competitiveness and key competitor positions  
• Market presence across multiple geographical footprints – Strong/Active/Niche/Trivial - buy the report! 

Healthcare Interoperability Solution Market 2023-2027: Market Segmentation

This report extensively covers market segmentation by deployment (on-premise and cloud-based), type (structural, semantic, and foundational), and geography (North America, Europe, Asia, and Rest of World (ROW)). 

• The market share growth by the on-premise segment will be significant for overall market growth during the forecast period. On-premise software runs on an organization’s computers and large healthcare organizations prefer on-premise healthcare information software solutions. This provides an optimum level of data security with physical access controls and security protocols. Moreover, in the on-premise deployment model, data are stored on dedicated servers, which offer control and security over information. Therefore, the on-premise segment of the market is expected to grow during the forecast period.

This report presents a detailed picture of the market by the way of study, synthesis, and
summation of data from multiple sources through an analysis of key parameters – View a
Sample Report

Companies Mentioned

• ALLSCRIPTS HEALTHCARE SOLUTIONS INC.
• Cerner Corp.
• Consensus Cloud Solutions Inc.
• Epic Systems Corp.
• International Business Machines Corp.
• Infor Inc.
• iNTERFACEWARE Inc.
• InterSystems Corp.
• Jitterbit Inc.
• Lyniate
• Medical Information Technology Inc.
• NextGen Healthcare Inc.
• Onyx Technology
• Orion Health
• OSP
• Virtusa Corp.
• ViSolve Inc.
• Wipro Ltd.
• Koninklijke Philips NV
• Cognizant Technology Solutions Corp.

Vendor Offerings

• ALLSCRIPTS HEALTHCARE SOLUTIONS INC. – The company offers an electronic health record platform required for clinical, operational, financial, and wellness solutions used by physicians and doctors to streamline patient medical records.
• Cerner Corp. – The company offers interoperable technology solutions through which medical organizations securely exchange and access information on patient medical history to optimize health outcomes and give future recommendations.
• International Business Machines Corp. – The company offers an electronic health record interoperable system used by healthcare providers to exchange patient information based on medical records.

Gain instant access to 17,000+ market research reports.

Technavio’s SUBSCRIPTION platform

Related Reports:
The healthcare middleware market size is expected to increase by USD 1.76 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 9.75%. Furthermore, this report extensively covers healthcare middleware market segmentation by type (communication middleware, integration middleware, platform middleware, and others), deployment (on-premise, cloud-based, and hybrid), end-user (healthcare providers, life science organizations, healthcare payers, and clinical laboratories), and geography (North America, Europe, Asia, and the Rest of the World (ROW)). The rising amount of healthcare data is notably driving the healthcare middleware market growth.

The home healthcare services market size is expected to increase by USD 56.83 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 10.83%. Furthermore, this report extensively covers market segmentation by application (therapeutic services, diagnostic services, and others) and geography (North America, Asia, Europe, and Rest of World (ROW)). One of the key factors driving the global home healthcare services market growth is the rising geriatric population.

Browse for Technavio’s Health Care Market Reports   

Key Topics Covered:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Deployment
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global healthcare interoperability solution market 2017 – 2021 
• Exhibit 18: Historic Market Size – Data Table on Global healthcare interoperability solution market 2017 – 2021 ($ million)

• 4.2 Deployment Segment Analysis 2017 – 2021
• Exhibit 19: Historic Market Size – Deployment Segment 2017 – 2021 ($ million)

• 4.3 Type Segment Analysis 2017 – 2021 
• Exhibit 20: Historic Market Size – Type Segment 2017 – 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 – 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)

• 4.5 Country Segment Analysis 2017 – 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis – Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Deployment

• 6.1 Market segments 
• Exhibit 30: Chart on Deployment – Market share 2022-2027 (%)
• Exhibit 31: Data Table on Deployment – Market share 2022-2027 (%)

• 6.2 Comparison by Deployment 
• Exhibit 32: Chart on Comparison by Deployment
• Exhibit 33: Data Table on Comparison by Deployment

• 6.3 On-premise – Market size and forecast 2022-2027
• Exhibit 34: Chart on On-premise – Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on On-premise – Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on On-premise – Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on On-premise – Year-over-year growth 2022-2027 (%)

• 6.4 Cloud based – Market size and forecast 2022-2027
• Exhibit 38: Chart on Cloud based – Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Cloud based – Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Cloud based – Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Cloud based – Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Deployment 
• Exhibit 42: Market opportunity by Deployment ($ million)

7 Market Segmentation by Type

• 7.1 Market segments 
• Exhibit 43: Chart on Type – Market share 2022-2027 (%)
• Exhibit 44: Data Table on Type – Market share 2022-2027 (%)

• 7.2 Comparison by Type 
• Exhibit 45: Chart on Comparison by Type
• Exhibit 46: Data Table on Comparison by Type

• 7.3 Structural – Market size and forecast 2022-2027
• Exhibit 47: Chart on Structural – Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Data Table on Structural – Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Chart on Structural – Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Structural – Year-over-year growth 2022-2027 (%)

• 7.4 Semantic – Market size and forecast 2022-2027
• Exhibit 51: Chart on Semantic – Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Semantic – Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Semantic – Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Semantic – Year-over-year growth 2022-2027 (%)

• 7.5 Foundational – Market size and forecast 2022-2027
• Exhibit 55: Chart on Foundational – Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on Foundational – Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on Foundational – Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Foundational – Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Type 
• Exhibit 59: Market opportunity by Type ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 61: Chart on Market share by geography 2022-2027 (%)
• Exhibit 62: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 63: Chart on Geographic comparison
• Exhibit 64: Data Table on Geographic comparison

• 9.3 North America – Market size and forecast 2022-2027
• Exhibit 65: Chart on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Data Table on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 67: Chart on North America – Year-over-year growth 2022-2027 (%)
• Exhibit 68: Data Table on North America – Year-over-year growth 2022-2027 (%)

• 9.4 Europe – Market size and forecast 2022-2027
• Exhibit 69: Chart on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on Europe – Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on Europe – Year-over-year growth 2022-2027 (%)

• 9.5 Asia – Market size and forecast 2022-2027
• Exhibit 73: Chart on Asia – Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on Asia – Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on Asia – Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on Asia – Year-over-year growth 2022-2027 (%)

• 9.6 Rest of World (ROW) – Market size and forecast 2022-2027 
• Exhibit 77: Chart on Rest of World (ROW) – Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on Rest of World (ROW) – Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on Rest of World (ROW) – Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on Rest of World (ROW) – Year-over-year growth 2022-2027 (%)

• 9.7 US – Market size and forecast 2022-2027
• Exhibit 81: Chart on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on US – Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on US – Year-over-year growth 2022-2027 (%)

• 9.8 Germany – Market size and forecast 2022-2027
• Exhibit 85: Chart on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on Germany – Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on Germany – Year-over-year growth 2022-2027 (%)

• 9.9 UK – Market size and forecast 2022-2027
• Exhibit 89: Chart on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on UK – Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on UK – Year-over-year growth 2022-2027 (%)

• 9.10 China – Market size and forecast 2022-2027
• Exhibit 93: Chart on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on China – Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on China – Year-over-year growth 2022-2027 (%)

• 9.11 India – Market size and forecast 2022-2027
• Exhibit 97: Chart on India – Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on India – Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on India – Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on India – Year-over-year growth 2022-2027 (%)

• 9.12 Market opportunity by geography 
• Exhibit 101: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.3 Impact of drivers and challenges 
• Exhibit 102: Impact of drivers and challenges in 2022 and 2027

11 Vendor Landscape

• 11.2 Vendor landscape 
• Exhibit 103: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 104: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 105: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 106: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 107: Matrix on vendor position and classification

• 12.3 ALLSCRIPTS HEALTHCARE SOLUTIONS INC.
• Exhibit 108: ALLSCRIPTS HEALTHCARE SOLUTIONS INC. – Overview
• Exhibit 109: ALLSCRIPTS HEALTHCARE SOLUTIONS INC. – Business segments
• Exhibit 110: ALLSCRIPTS HEALTHCARE SOLUTIONS INC. – Key news
• Exhibit 111: ALLSCRIPTS HEALTHCARE SOLUTIONS INC. – Key offerings
• Exhibit 112: ALLSCRIPTS HEALTHCARE SOLUTIONS INC. – Segment focus

• 12.4 Cerner Corp. 
• Exhibit 113: Cerner Corp. – Overview
• Exhibit 114: Cerner Corp. – Business segments
• Exhibit 115: Cerner Corp. – Key offerings
• Exhibit 116: Cerner Corp. – Segment focus

• 12.5 Cognizant Technology Solutions Corp.
• Exhibit 117: Cognizant Technology Solutions Corp. – Overview
• Exhibit 118: Cognizant Technology Solutions Corp. – Business segments
• Exhibit 119: Cognizant Technology Solutions Corp. – Key news
• Exhibit 120: Cognizant Technology Solutions Corp. – Key offerings
• Exhibit 121: Cognizant Technology Solutions Corp. – Segment focus

• 12.6 Epic Systems Corp. 
• Exhibit 122: Epic Systems Corp. – Overview
• Exhibit 123: Epic Systems Corp. – Product / Service
• Exhibit 124: Epic Systems Corp. – Key offerings

• 12.7 International Business Machines Corp.
• Exhibit 125: International Business Machines Corp. – Overview
• Exhibit 126: International Business Machines Corp. – Business segments
• Exhibit 127: International Business Machines Corp. – Key offerings
• Exhibit 128: International Business Machines Corp. – Segment focus

• 12.8 Infor Inc. 
• Exhibit 129: Infor Inc. – Overview
• Exhibit 130: Infor Inc. – Product / Service
• Exhibit 131: Infor Inc. – Key news
• Exhibit 132: Infor Inc. – Key offerings

• 12.9 iNTERFACEWARE Inc. 
• Exhibit 133: iNTERFACEWARE Inc. – Overview
• Exhibit 134: iNTERFACEWARE Inc. – Product / Service
• Exhibit 135: iNTERFACEWARE Inc. – Key offerings

• 12.10 InterSystems Corp. 
• Exhibit 136: InterSystems Corp. – Overview
• Exhibit 137: InterSystems Corp. – Product / Service
• Exhibit 138: InterSystems Corp. – Key offerings

• 12.11 Jitterbit Inc. 
• Exhibit 139: Jitterbit Inc. – Overview
• Exhibit 140: Jitterbit Inc. – Product / Service
• Exhibit 141: Jitterbit Inc. – Key offerings

• 12.12 Koninklijke Philips NV 
• Exhibit 142: Koninklijke Philips NV – Overview
• Exhibit 143: Koninklijke Philips NV – Business segments
• Exhibit 144: Koninklijke Philips NV – Key news
• Exhibit 145: Koninklijke Philips NV – Key offerings
• Exhibit 146: Koninklijke Philips NV – Segment focus

• 12.13 Lyniate 
• Exhibit 147: Lyniate – Overview
• Exhibit 148: Lyniate – Product / Service
• Exhibit 149: Lyniate – Key offerings

• 12.14 NextGen Healthcare Inc. 
• Exhibit 150: NextGen Healthcare Inc. – Overview
• Exhibit 151: NextGen Healthcare Inc. – Product / Service
• Exhibit 152: NextGen Healthcare Inc. – Key offerings

• 12.15 Orion Health 
• Exhibit 153: Orion Health – Overview
• Exhibit 154: Orion Health – Product / Service
• Exhibit 155: Orion Health – Key offerings

• 12.16 OSP 
• Exhibit 156: OSP – Overview
• Exhibit 157: OSP – Product / Service
• Exhibit 158: OSP – Key offerings

• 12.17 ViSolve Inc. 
• Exhibit 159: ViSolve Inc. – Overview
• Exhibit 160: ViSolve Inc. – Product / Service
• Exhibit 161: ViSolve Inc. – Key offerings

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 162: Inclusions checklist
• Exhibit 163: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 164: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 165: Research methodology
• Exhibit 166: Validation techniques employed for market sizing
• Exhibit 167: Information sources

• 13.5 List of abbreviations 
• Exhibit 168: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/healthcare-interoperability-solution-market-size-to-grow-by-usd-3-330-16-million-from-2022-to-2027–increasing-adoption-of-ehrs-to-drive-the-market-growth—technavio-301814683.html

SOURCE Technavio