The North America Health Information Exchange Market would witness market growth of 8.4% CAGR during the forecast period (2023-2030).
The market refers to the segment of the healthcare industry focused on the electronic exchange of patient health data among healthcare providers, medical facilities, insurers, government agencies, and other authorized stakeholders. HIE facilitates the secure exchange and interoperable sharing of clinical data, medical records, laboratory results, medication histories, and other healthcare information across disparate health IT systems and organizational boundaries.
HIE tools are a beacon of innovation, connectivity, and transformative potential in the evolving healthcare landscape. At its core, the concept of this service embodies the fundamental principle of seamless communication and collaboration among healthcare stakeholders, from providers and payers to patients and policymakers. In light of the ongoing digital revolution in healthcare delivery and administration, the significance of HIE cannot be emphasized enough. The linchpin binds disparate systems, data sources, and care settings, enabling the secure and interoperable exchange of vital patient information in real time.
As the utilization of home care services continues to rise in Canada, there is a growing demand for interoperable HIE solutions that facilitate seamless data exchange and communication among healthcare providers, caregivers, and patients in home and community settings. According to Statistics Canada, in 2021, approximately 946,000 Canadians in the provinces used home care services, corresponding to 3.2% of the population. Compared to Canadians aged 18 to 34, the percentage of seniors (8.4%) who reported using home care services was nearly eight times greater. Moreover, the expanding healthcare sector in Mexico, driven by the changing requirements of the population, has generated a growing need for interoperable solutions. These solutions facilitate the smooth transmission and data interaction among healthcare providers, amenities, and systems. Therefore, factors like the high adoption of home care and expansion of healthcare sector in the region are propelling the growth of the market.
The US market dominated the North America Health Information Exchange Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $915 Million by 2030. The Canada market is experiencing a CAGR of 10.8% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 9.9% during (2023 - 2030).
Free Valuable Insights: The Health Information Exchange Market is Predict to reach USD 2.9 Billion by 2030, at a CAGR of 9.4%
Based on Setup Type, the market is segmented into Private, and Public. Based on Exchange Type, the market is segmented into Directed Exchange, Query-Based Exchange, and Consumer-Mediated Exchange. Based on Implementation Model, the market is segmented into Hybrid, Decentralized/Federated, and Centralized. Based on End User, the market is segmented into Healthcare Providers, Healthcare Payers, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Change Healthcare, Inc. (Optum, Inc.) (UnitedHealth Group, Inc.)
- Chetu, Inc.
- Siemens AG
- Epic Systems Corporation
- Oracle Corporation
- Orion Health Group Limited
- Health Catalyst, Inc.
- Open Text Corporation
- Infor, Inc. (Koch Industries)
- InterSystems Corporation
North America Health Information Exchange Market Report Segmentation
By Setup Type
By Exchange Type
- Directed Exchange
- Query-Based Exchange
- Consumer-Mediated Exchange
By Implementation Model
- Hybrid
- Decentralized/Federated
- Centralized
By End User
- Healthcare Providers
- Healthcare Payers
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Health Information Exchange Market, by Setup Type
1.4.2 North America Health Information Exchange Market, by Exchange Type
1.4.3 North America Health Information Exchange Market, by Implementation Model
1.4.4 North America Health Information Exchange Market, by End User
1.4.5 North America Health Information Exchange Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.3.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2019, Jan – 2023, Dec) Leading Players
4.4 Porter’s Five Forces Analysis
Chapter 5. North America Health Information Exchange Market by Setup Type
5.1 North America Private Market by Region
5.2 North America Public Market by Region
Chapter 6. North America Health Information Exchange Market by Exchange Type
6.1 North America Directed Exchange Market by Country
6.2 North America Query-Based Exchange Market by Country
6.3 North America Consumer-Mediated Exchange Market by Country
Chapter 7. North America Health Information Exchange Market by Implementation Model
7.1 North America Hybrid Market by Country
7.2 North America Decentralized/Federated Market by Country
7.3 North America Centralized Market by Country
Chapter 8. North America Health Information Exchange Market by End User
8.1 North America Healthcare Providers Market by Country
8.2 North America Healthcare Payers Market by Country
8.3 North America Others Market by Country
Chapter 9. North America Health Information Exchange Market by Country
9.1 US Health Information Exchange Market
9.1.1 US Health Information Exchange Market by Setup Type
9.1.2 US Health Information Exchange Market by Exchange Type
9.1.3 US Health Information Exchange Market by Implementation Model
9.1.4 US Health Information Exchange Market by End User
9.2 Canada Health Information Exchange Market
9.2.1 Canada Health Information Exchange Market by Setup Type
9.2.2 Canada Health Information Exchange Market by Exchange Type
9.2.3 Canada Health Information Exchange Market by Implementation Model
9.2.4 Canada Health Information Exchange Market by End User
9.3 Mexico Health Information Exchange Market
9.3.1 Mexico Health Information Exchange Market by Setup Type
9.3.2 Mexico Health Information Exchange Market by Exchange Type
9.3.3 Mexico Health Information Exchange Market by Implementation Model
9.3.4 Mexico Health Information Exchange Market by End User
9.4 Rest of North America Health Information Exchange Market
9.4.1 Rest of North America Health Information Exchange Market by Setup Type
9.4.2 Rest of North America Health Information Exchange Market by Exchange Type
9.4.3 Rest of North America Health Information Exchange Market by Implementation Model
9.4.4 Rest of North America Health Information Exchange Market by End User
Chapter 10. Company Profiles
10.1 Change Healthcare, Inc. (Optum, Inc.) (UnitedHealth Group, Inc.)
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental Analysis
10.1.4 Recent strategies and developments:
10.1.4.1 Partnerships, Collaborations, and Agreements:
10.1.4.2 Product Launches and Product Expansions:
10.2 Chetu, Inc.
10.2.1 Company Overview
10.3 Siemens AG
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expense
10.3.5 Recent strategies and developments:
10.3.5.1 Partnerships, Collaborations, and Agreements:
10.3.6 SWOT Analysis
10.4 Epic Systems Corporation
10.4.1 Company Overview
10.4.2 Recent strategies and developments:
10.4.2.1 Partnerships, Collaborations, and Agreements:
10.4.3 SWOT Analysis
10.5 Oracle Corporation
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expense
10.5.5 Recent strategies and developments:
10.5.5.1 Partnerships, Collaborations, and Agreements:
10.5.6 SWOT Analysis
10.6 Orion Health Group Limited
10.6.1 Company Overview
10.6.2 Recent strategies and developments:
10.6.2.1 Partnerships, Collaborations, and Agreements:
10.6.2.2 Product Launches and Product Expansions:
10.7 Health Catalyst, Inc.
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental Analysis
10.7.4 Research & Development Expenses
10.7.5 Recent strategies and developments:
10.7.5.1 Partnerships, Collaborations, and Agreements:
10.7.5.2 Acquisition and Mergers:
10.7.6 SWOT Analysis
10.8 Open Text Corporation
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expenses
10.8.5 Recent strategies and developments:
10.8.5.1 Acquisition and Mergers:
10.8.6 SWOT Analysis
10.9 Infor, Inc. (Koch Industries)
10.9.1 Company Overview
10.9.2 SWOT Analysis
10.10. InterSystems Corporation
10.10.1 Company Overview
10.10.2 Recent strategies and developments:
10.10.2.1 Partnerships, Collaborations, and Agreements:
TABLE 1 North America Health Information Exchange Market, 2019 - 2022, USD Million
TABLE 2 North America Health Information Exchange Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Health Information Exchange Market
TABLE 4 Product Launches And Product Expansions– Health Information Exchange Market
TABLE 5 Acquisition and Mergers– Health Information Exchange Market
TABLE 6 North America Health Information Exchange Market by Setup Type, 2019 - 2022, USD Million
TABLE 7 North America Health Information Exchange Market by Setup Type, 2023 - 2030, USD Million
TABLE 8 North America Private Market by Region, 2019 - 2022, USD Million
TABLE 9 North America Private Market by Region, 2023 - 2030, USD Million
TABLE 10 North America Public Market by Region, 2019 - 2022, USD Million
TABLE 11 North America Public Market by Region, 2023 - 2030, USD Million
TABLE 12 North America Health Information Exchange Market by Exchange Type, 2019 - 2022, USD Million
TABLE 13 North America Health Information Exchange Market by Exchange Type, 2023 - 2030, USD Million
TABLE 14 North America Directed Exchange Market by Country, 2019 - 2022, USD Million
TABLE 15 North America Directed Exchange Market by Country, 2023 - 2030, USD Million
TABLE 16 North America Query-Based Exchange Market by Country, 2019 - 2022, USD Million
TABLE 17 North America Query-Based Exchange Market by Country, 2023 - 2030, USD Million
TABLE 18 North America Consumer-Mediated Exchange Market by Country, 2019 - 2022, USD Million
TABLE 19 North America Consumer-Mediated Exchange Market by Country, 2023 - 2030, USD Million
TABLE 20 North America Health Information Exchange Market by Implementation Model, 2019 - 2022, USD Million
TABLE 21 North America Health Information Exchange Market by Implementation Model, 2023 - 2030, USD Million
TABLE 22 North America Hybrid Market by Country, 2019 - 2022, USD Million
TABLE 23 North America Hybrid Market by Country, 2023 - 2030, USD Million
TABLE 24 North America Decentralized/Federated Market by Country, 2019 - 2022, USD Million
TABLE 25 North America Decentralized/Federated Market by Country, 2023 - 2030, USD Million
TABLE 26 North America Centralized Market by Country, 2019 - 2022, USD Million
TABLE 27 North America Centralized Market by Country, 2023 - 2030, USD Million
TABLE 28 North America Health Information Exchange Market by End User, 2019 - 2022, USD Million
TABLE 29 North America Health Information Exchange Market by End User, 2023 - 2030, USD Million
TABLE 30 North America Healthcare Providers Market by Country, 2019 - 2022, USD Million
TABLE 31 North America Healthcare Providers Market by Country, 2023 - 2030, USD Million
TABLE 32 North America Healthcare Payers Market by Country, 2019 - 2022, USD Million
TABLE 33 North America Healthcare Payers Market by Country, 2023 - 2030, USD Million
TABLE 34 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 35 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 36 North America Health Information Exchange Market by Country, 2019 - 2022, USD Million
TABLE 37 North America Health Information Exchange Market by Country, 2023 - 2030, USD Million
TABLE 38 US Health Information Exchange Market, 2019 - 2022, USD Million
TABLE 39 US Health Information Exchange Market, 2023 - 2030, USD Million
TABLE 40 US Health Information Exchange Market by Setup Type, 2019 - 2022, USD Million
TABLE 41 US Health Information Exchange Market by Setup Type, 2023 - 2030, USD Million
TABLE 42 US Health Information Exchange Market by Exchange Type, 2019 - 2022, USD Million
TABLE 43 US Health Information Exchange Market by Exchange Type, 2023 - 2030, USD Million
TABLE 44 US Health Information Exchange Market by Implementation Model, 2019 - 2022, USD Million
TABLE 45 US Health Information Exchange Market by Implementation Model, 2023 - 2030, USD Million
TABLE 46 US Health Information Exchange Market by End User, 2019 - 2022, USD Million
TABLE 47 US Health Information Exchange Market by End User, 2023 - 2030, USD Million
TABLE 48 Canada Health Information Exchange Market, 2019 - 2022, USD Million
TABLE 49 Canada Health Information Exchange Market, 2023 - 2030, USD Million
TABLE 50 Canada Health Information Exchange Market by Setup Type, 2019 - 2022, USD Million
TABLE 51 Canada Health Information Exchange Market by Setup Type, 2023 - 2030, USD Million
TABLE 52 Canada Health Information Exchange Market by Exchange Type, 2019 - 2022, USD Million
TABLE 53 Canada Health Information Exchange Market by Exchange Type, 2023 - 2030, USD Million
TABLE 54 Canada Health Information Exchange Market by Implementation Model, 2019 - 2022, USD Million
TABLE 55 Canada Health Information Exchange Market by Implementation Model, 2023 - 2030, USD Million
TABLE 56 Canada Health Information Exchange Market by End User, 2019 - 2022, USD Million
TABLE 57 Canada Health Information Exchange Market by End User, 2023 - 2030, USD Million
TABLE 58 Mexico Health Information Exchange Market, 2019 - 2022, USD Million
TABLE 59 Mexico Health Information Exchange Market, 2023 - 2030, USD Million
TABLE 60 Mexico Health Information Exchange Market by Setup Type, 2019 - 2022, USD Million
TABLE 61 Mexico Health Information Exchange Market by Setup Type, 2023 - 2030, USD Million
TABLE 62 Mexico Health Information Exchange Market by Exchange Type, 2019 - 2022, USD Million
TABLE 63 Mexico Health Information Exchange Market by Exchange Type, 2023 - 2030, USD Million
TABLE 64 Mexico Health Information Exchange Market by Implementation Model, 2019 - 2022, USD Million
TABLE 65 Mexico Health Information Exchange Market by Implementation Model, 2023 - 2030, USD Million
TABLE 66 Mexico Health Information Exchange Market by End User, 2019 - 2022, USD Million
TABLE 67 Mexico Health Information Exchange Market by End User, 2023 - 2030, USD Million
TABLE 68 Rest of North America Health Information Exchange Market, 2019 - 2022, USD Million
TABLE 69 Rest of North America Health Information Exchange Market, 2023 - 2030, USD Million
TABLE 70 Rest of North America Health Information Exchange Market by Setup Type, 2019 - 2022, USD Million
TABLE 71 Rest of North America Health Information Exchange Market by Setup Type, 2023 - 2030, USD Million
TABLE 72 Rest of North America Health Information Exchange Market by Exchange Type, 2019 - 2022, USD Million
TABLE 73 Rest of North America Health Information Exchange Market by Exchange Type, 2023 - 2030, USD Million
TABLE 74 Rest of North America Health Information Exchange Market by Implementation Model, 2019 - 2022, USD Million
TABLE 75 Rest of North America Health Information Exchange Market by Implementation Model, 2023 - 2030, USD Million
TABLE 76 Rest of North America Health Information Exchange Market by End User, 2019 - 2022, USD Million
TABLE 77 Rest of North America Health Information Exchange Market by End User, 2023 - 2030, USD Million
TABLE 78 Key Information – Change Healthcare
TABLE 79 Key Information – Chetu, Inc.
TABLE 80 Key Information – Siemens AG
TABLE 81 Key Information – Epic Systems Corporation
TABLE 82 Key Information – Oracle Corporation
TABLE 83 Key Information – Orion Health Group Limited
TABLE 84 Key Information – Health Catalyst, Inc.
TABLE 85 Key Information – Open Text Corporation
TABLE 86 Key Information – Infor, Inc.
TABLE 87 Key Information – InterSytems Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Health Information Exchange Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Health Information Exchange Market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 6 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2019, Jan – 2023, Dec) Leading Players
FIG 7 Porter’s Five Forces Analysis – Health Information Exchange Market
FIG 8 North America Health Information Exchange Market share by Setup Type, 2022
FIG 9 North America Health Information Exchange Market share by Setup Type, 2030
FIG 10 North America Health Information Exchange Market by Setup Type, 2019 - 2030, USD Million
FIG 11 North America Health Information Exchange Market share by Exchange Type, 2022
FIG 12 North America Health Information Exchange Market share by Exchange Type, 2030
FIG 13 North America Health Information Exchange Market by Exchange Type, 2019 - 2030, USD Million
FIG 14 North America Health Information Exchange Market share by Implementation Model, 2022
FIG 15 North America Health Information Exchange Market share by Implementation Model, 2030
FIG 16 North America Health Information Exchange Market by Implementation Model, 2019 - 2030, USD Million
FIG 17 North America Health Information Exchange Market share by End User, 2022
FIG 18 North America Health Information Exchange Market share by End User, 2030
FIG 19 North America Health Information Exchange Market by End User, 2019 - 2030, USD Million
FIG 20 North America Health Information Exchange Market share by Country, 2022
FIG 21 North America Health Information Exchange Market share by Country, 2030
FIG 22 North America Health Information Exchange Market by Country, 2019 - 2030, USD Million
FIG 23 SWOT Analysis: Siemens AG
FIG 24 SWOT Analysis: Epic Systems Corporation
FIG 25 SWOT Analysis: Oracle Corporation
FIG 26 Recent strategies and developments: Orion Health Group Limited
FIG 27 Recent strategies and developments: Health Catalyst, Inc.
FIG 28 Swot Analysis: Health Catalyst, INc.
FIG 29 SWOT analysis: Open Text Corporation
FIG 30 SWOT Analysis: Infor, Inc.