Health Information Exchange Market Share

APAC Market Forecast

The health information exchange market in the Asia Pacific region is projected to hold the largest market share of 40% by the end of 2037. Many countries in the Asia Pacific region have been investing in healthcare IT infrastructure and promoting the adoption of HIEs to improve healthcare delivery and patient outcomes. The adoption of electronic health records (EHRs) and other healthcare IT solutions has been rising in the Asia Pacific region, leading to a demand for HIEs to enable seamless data exchange. A study found that EHR adoption in Asia Pacific countries increased from 36% in 2011 to 75% in 2020.

North American Market Statistics

The health information exchange market in North America is projected to hold the second largest share during the forecast period. Government initiatives and regulations have played a crucial role in driving the adoption of HIEs in North America. For example, in the United States, the Health Information Technology for Economic and Clinical Health (HITECH) Act provided financial incentives and support for the implementation of HIEs. The widespread adoption of electronic health records (EHRs) in healthcare facilities across North America has created a demand for HIEs to facilitate the seamless exchange of patient data between different providers. The healthcare industry in North America has recognized the importance of interoperability and data exchange to improve care coordination and patient outcomes.