The North America Healthcare Interoperability Solutions Market would witness market growth of 11.7% CAGR during the forecast period (2023-2029).
Interoperability & data sharing will become increasingly crucial and have a significant impact as the population ages. The market would be able to expand swiftly as a result. The usage of cloud technology for healthcare services is one of the most recent trends and a major force in the market for healthcare interoperability solutions. Electronic health records include tremendous volumes of data, making it difficult to store large amounts of data securely while running the risk of losing important data.
Even in offline modes, sharing big volumes of data is difficult. As a result, software for healthcare interoperability is becoming more & more crucial. Due to the convenience of enormous data exchange and storage, the market has grown. As populations rise in developing nations, it is anticipated that the volume of healthcare data will also rise. As a result, an enormous potential opportunity for market players exists in these nations, as seen by government efforts to implement interoperable solutions, rising healthcare system investment, and rising acceptance of automation technology.
Institutions in the US are putting telemedicine into place so that doctors can see outpatients at home. In addition, these institutions already have eHealth systems. These telemedicine and eHealth platforms are, without a doubt, essential for the global management of numerous diseases. Furthermore, according to US Food and Drug Administration estimates, about half of all Americans who utilize healthcare services use one or more software applications—including apps—that the FDA has approved for use in managing, treating, or monitoring medical conditions. The market for healthcare interoperability solutions is expected to increase in the North American region due to all these factors.
The US market dominated the North America Healthcare Interoperability Solutions Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $2,059 million by 2029. The Canada market is poised to grow at a CAGR of 14.2% during (2023 - 2029). Additionally, The Mexico market would witness a CAGR of 13.2% during (2023 - 2029).
Based on End User, the market is segmented into Healthcare Providers (Hospitals & Clinics, Long-term Care Centers, Diagnostic & Imaging Centers and Others), Healthcare Payers and Pharmacies. Based on level of Interoperability, the market is segmented into Structural, Foundational and Semantic. Based on Type, the market is segmented into Services and Software (EHR interoperability solutions, Lab system interoperability solutions, Imaging system interoperability solutions, Enterprise interoperability solutions, Healthcare information exchange interoperability solutions and Others). Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Healthcare Interoperability Solutions Market is Projected to reach USD 7.5 Billion by 2029, at a CAGR of 12.9%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Oracle Corporation (Cerner Corporation), Epic Systems Corporation, Virtusa Corporation, Wipro Limited, Koninklijke Philips N.V., Veradigm, Inc., Cognizant Technology Solutions Corporation, Onyx technology LLC, Orion Health Group Limited, and InterSystems Corporation.
Scope of the Study
Market Segments Covered in the Report:
By End User
- Healthcare Providers
- Hospitals & Clinics
- Long-term Care Centers
- Diagnostic & Imaging Centers
- Others
- Healthcare Payers
- Pharmacies
By level of Interoperability
- Structural
- Foundational
- Semantic
By Type
- Services
- Software
- EHR interoperability solutions
- Lab system interoperability solutions
- Imaging system interoperability solutions
- Enterprise interoperability solutions
- Healthcare information exchange interoperability solutions
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Oracle Corporation (Cerner Corporation)
- Epic Systems Corporation
- Virtusa Corporation
- Wipro Limited
- Koninklijke Philips N.V.
- Veradigm, Inc.
- Cognizant Technology Solutions Corporation
- Onyx technology LLC
- Orion Health Group Limited
- InterSystems Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Healthcare Interoperability Solutions Market, by End User
1.4.2 North America Healthcare Interoperability Solutions Market, by level of Interoperability
1.4.3 North America Healthcare Interoperability Solutions Market, by Type
1.4.4 North America Healthcare Interoperability Solutions Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements : 2019, Nov – 2023, Apr) Leading Players
Chapter 4. North America Healthcare Interoperability Solutions Market by End User
4.1 North America Healthcare Providers Market by Country
4.2 North America Healthcare Interoperability Solutions Market by Healthcare Providers Type
4.2.1 North America Hospitals & Clinics Market by Country
4.2.2 North America Long-term Care Centers Market by Country
4.2.3 North America Diagnostic & Imaging Centers Market by Country
4.2.4 North America Others Market by Country
4.3 North America Healthcare Payers Market by Country
4.4 North America Pharmacies Market by Country
Chapter 5. North America Healthcare Interoperability Solutions Market by level of Interoperability
5.1 North America Structural Market by Country
5.2 North America Foundational Market by Country
5.3 North America Semantic Market by Country
Chapter 6. North America Healthcare Interoperability Solutions Market by Type
6.1 North America Services Market by Country
6.2 North America Software Market by Country
6.3 North America Healthcare Interoperability Solutions Market by Software Type
6.3.1 North America EHR interoperability solutions Market by Country
6.3.2 North America Lab system interoperability solutions Market by Country
6.3.3 North America Imaging system interoperability solutions Market by Country
6.3.4 North America Enterprise interoperability solutions Market by Country
6.3.5 North America Healthcare information exchange interoperability solutions Market by Country
6.3.6 North America Others Market by Country
Chapter 7. North America Healthcare Interoperability Solutions Market by Country
7.1 US Healthcare Interoperability Solutions Market
7.1.1 US Healthcare Interoperability Solutions Market by End User
7.1.1.1 US Healthcare Interoperability Solutions Market by Healthcare Providers Type
7.1.2 US Healthcare Interoperability Solutions Market by level of Interoperability
7.1.3 US Healthcare Interoperability Solutions Market by Type
7.1.3.1 US Healthcare Interoperability Solutions Market by Software Type
7.2 Canada Healthcare Interoperability Solutions Market
7.2.1 Canada Healthcare Interoperability Solutions Market by End User
7.2.1.1 Canada Healthcare Interoperability Solutions Market by Healthcare Providers Type
7.2.2 Canada Healthcare Interoperability Solutions Market by level of Interoperability
7.2.3 Canada Healthcare Interoperability Solutions Market by Type
7.2.3.1 Canada Healthcare Interoperability Solutions Market by Software Type
7.3 Mexico Healthcare Interoperability Solutions Market
7.3.1 Mexico Healthcare Interoperability Solutions Market by End User
7.3.1.1 Mexico Healthcare Interoperability Solutions Market by Healthcare Providers Type
7.3.2 Mexico Healthcare Interoperability Solutions Market by level of Interoperability
7.3.3 Mexico Healthcare Interoperability Solutions Market by Type
7.3.3.1 Mexico Healthcare Interoperability Solutions Market by Software Type
7.4 Rest of North America Healthcare Interoperability Solutions Market
7.4.1 Rest of North America Healthcare Interoperability Solutions Market by End User
7.4.1.1 Rest of North America Healthcare Interoperability Solutions Market by Healthcare Providers Type
7.4.2 Rest of North America Healthcare Interoperability Solutions Market by level of Interoperability
7.4.3 Rest of North America Healthcare Interoperability Solutions Market by Type
7.4.3.1 Rest of North America Healthcare Interoperability Solutions Market by Software Type
Chapter 8. Company Profiles
8.1 Koninklijke Philips N.V.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Product Launches and Product Expansions:
8.1.5.3 Acquisition and Mergers:
8.1.6 SWOT Analysis
8.2 Oracle Corporation (Cerner Corporation)
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Product Launches and Product Expansions:
8.2.6 SWOT Analysis
8.3 Wipro Limited
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Acquisition and Mergers:
8.3.6 SWOT Analysis
8.4 Cognizant Technology Solutions Corporation
8.4.1 Company overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Recent strategies and developments:
8.4.4.1 Partnerships, Collaborations, and Agreements:
8.4.5 SWOT Analysis
8.5 Veradigm, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional & Segmental Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.6 InterSystems Corporation
8.6.1 Company Overview
8.6.2 Recent strategies and developments:
8.6.2.1 Partnerships, Collaborations, and Agreements:
8.7 Orion Health Group Limited
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Partnerships, Collaborations, and Agreements:
8.8 Virtusa Corporation
8.8.1 Company Overview
8.8.2 Recent strategies and developments:
8.8.2.1 Partnerships, Collaborations, and Agreements:
8.9 Onyx Technology LLC
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Partnerships, Collaborations, and Agreements:
8.10. Epic Systems Corporation
8.10.1 Company Overview
TABLE 1 North America Healthcare Interoperability Solutions Market, 2019 - 2022, USD Million
TABLE 2 North America Healthcare Interoperability Solutions Market, 2023 - 2029, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Healthcare Interoperability Solutions Market
TABLE 4 Product Launches And Product Expansions– Healthcare Interoperability Solutions Market
TABLE 5 Acquisition and Mergers– Healthcare Interoperability Solutions Market
TABLE 6 North America Healthcare Interoperability Solutions Market by End User, 2019 - 2022, USD Million
TABLE 7 North America Healthcare Interoperability Solutions Market by End User, 2023 - 2029, USD Million
TABLE 8 North America Healthcare Providers Market by Country, 2019 - 2022, USD Million
TABLE 9 North America Healthcare Providers Market by Country, 2023 - 2029, USD Million
TABLE 10 North America Healthcare Interoperability Solutions Market by Healthcare Providers Type, 2019 - 2022, USD Million
TABLE 11 North America Healthcare Interoperability Solutions Market by Healthcare Providers Type, 2023 - 2029, USD Million
TABLE 12 North America Hospitals & Clinics Market by Country, 2019 - 2022, USD Million
TABLE 13 North America Hospitals & Clinics Market by Country, 2023 - 2029, USD Million
TABLE 14 North America Long-term Care Centers Market by Country, 2019 - 2022, USD Million
TABLE 15 North America Long-term Care Centers Market by Country, 2023 - 2029, USD Million
TABLE 16 North America Diagnostic & Imaging Centers Market by Country, 2019 - 2022, USD Million
TABLE 17 North America Diagnostic & Imaging Centers Market by Country, 2023 - 2029, USD Million
TABLE 18 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 19 North America Others Market by Country, 2023 - 2029, USD Million
TABLE 20 North America Healthcare Payers Market by Country, 2019 - 2022, USD Million
TABLE 21 North America Healthcare Payers Market by Country, 2023 - 2029, USD Million
TABLE 22 North America Pharmacies Market by Country, 2019 - 2022, USD Million
TABLE 23 North America Pharmacies Market by Country, 2023 - 2029, USD Million
TABLE 24 North America Healthcare Interoperability Solutions Market by level of Interoperability, 2019 - 2022, USD Million
TABLE 25 North America Healthcare Interoperability Solutions Market by level of Interoperability, 2023 - 2029, USD Million
TABLE 26 North America Structural Market by Country, 2019 - 2022, USD Million
TABLE 27 North America Structural Market by Country, 2023 - 2029, USD Million
TABLE 28 North America Foundational Market by Country, 2019 - 2022, USD Million
TABLE 29 North America Foundational Market by Country, 2023 - 2029, USD Million
TABLE 30 North America Semantic Market by Country, 2019 - 2022, USD Million
TABLE 31 North America Semantic Market by Country, 2023 - 2029, USD Million
TABLE 32 North America Healthcare Interoperability Solutions Market by Type, 2019 - 2022, USD Million
TABLE 33 North America Healthcare Interoperability Solutions Market by Type, 2023 - 2029, USD Million
TABLE 34 North America Services Market by Country, 2019 - 2022, USD Million
TABLE 35 North America Services Market by Country, 2023 - 2029, USD Million
TABLE 36 North America Software Market by Country, 2019 - 2022, USD Million
TABLE 37 North America Software Market by Country, 2023 - 2029, USD Million
TABLE 38 North America Healthcare Interoperability Solutions Market by Software Type, 2019 - 2022, USD Million
TABLE 39 North America Healthcare Interoperability Solutions Market by Software Type, 2023 - 2029, USD Million
TABLE 40 North America EHR interoperability solutions Market by Country, 2019 - 2022, USD Million
TABLE 41 North America EHR interoperability solutions Market by Country, 2023 - 2029, USD Million
TABLE 42 North America Lab system interoperability solutions Market by Country, 2019 - 2022, USD Million
TABLE 43 North America Lab system interoperability solutions Market by Country, 2023 - 2029, USD Million
TABLE 44 North America Imaging system interoperability solutions Market by Country, 2019 - 2022, USD Million
TABLE 45 North America Imaging system interoperability solutions Market by Country, 2023 - 2029, USD Million
TABLE 46 North America Enterprise interoperability solutions Market by Country, 2019 - 2022, USD Million
TABLE 47 North America Enterprise interoperability solutions Market by Country, 2023 - 2029, USD Million
TABLE 48 North America Healthcare information exchange interoperability solutions Market by Country, 2019 - 2022, USD Million
TABLE 49 North America Healthcare information exchange interoperability solutions Market by Country, 2023 - 2029, USD Million
TABLE 50 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 51 North America Others Market by Country, 2023 - 2029, USD Million
TABLE 52 North America Healthcare Interoperability Solutions Market by Country, 2019 - 2022, USD Million
TABLE 53 North America Healthcare Interoperability Solutions Market by Country, 2023 - 2029, USD Million
TABLE 54 US Healthcare Interoperability Solutions Market, 2019 - 2022, USD Million
TABLE 55 US Healthcare Interoperability Solutions Market, 2023 - 2029, USD Million
TABLE 56 US Healthcare Interoperability Solutions Market by End User, 2019 - 2022, USD Million
TABLE 57 US Healthcare Interoperability Solutions Market by End User, 2023 - 2029, USD Million
TABLE 58 US Healthcare Interoperability Solutions Market by Healthcare Providers Type, 2019 - 2022, USD Million
TABLE 59 US Healthcare Interoperability Solutions Market by Healthcare Providers Type, 2023 - 2029, USD Million
TABLE 60 US Healthcare Interoperability Solutions Market by level of Interoperability, 2019 - 2022, USD Million
TABLE 61 US Healthcare Interoperability Solutions Market by level of Interoperability, 2023 - 2029, USD Million
TABLE 62 US Healthcare Interoperability Solutions Market by Type, 2019 - 2022, USD Million
TABLE 63 US Healthcare Interoperability Solutions Market by Type, 2023 - 2029, USD Million
TABLE 64 US Healthcare Interoperability Solutions Market by Software Type, 2019 - 2022, USD Million
TABLE 65 US Healthcare Interoperability Solutions Market by Software Type, 2023 - 2029, USD Million
TABLE 66 Canada Healthcare Interoperability Solutions Market, 2019 - 2022, USD Million
TABLE 67 Canada Healthcare Interoperability Solutions Market, 2023 - 2029, USD Million
TABLE 68 Canada Healthcare Interoperability Solutions Market by End User, 2019 - 2022, USD Million
TABLE 69 Canada Healthcare Interoperability Solutions Market by End User, 2023 - 2029, USD Million
TABLE 70 Canada Healthcare Interoperability Solutions Market by Healthcare Providers Type, 2019 - 2022, USD Million
TABLE 71 Canada Healthcare Interoperability Solutions Market by Healthcare Providers Type, 2023 - 2029, USD Million
TABLE 72 Canada Healthcare Interoperability Solutions Market by level of Interoperability, 2019 - 2022, USD Million
TABLE 73 Canada Healthcare Interoperability Solutions Market by level of Interoperability, 2023 - 2029, USD Million
TABLE 74 Canada Healthcare Interoperability Solutions Market by Type, 2019 - 2022, USD Million
TABLE 75 Canada Healthcare Interoperability Solutions Market by Type, 2023 - 2029, USD Million
TABLE 76 Canada Healthcare Interoperability Solutions Market by Software Type, 2019 - 2022, USD Million
TABLE 77 Canada Healthcare Interoperability Solutions Market by Software Type, 2023 - 2029, USD Million
TABLE 78 Mexico Healthcare Interoperability Solutions Market, 2019 - 2022, USD Million
TABLE 79 Mexico Healthcare Interoperability Solutions Market, 2023 - 2029, USD Million
TABLE 80 Mexico Healthcare Interoperability Solutions Market by End User, 2019 - 2022, USD Million
TABLE 81 Mexico Healthcare Interoperability Solutions Market by End User, 2023 - 2029, USD Million
TABLE 82 Mexico Healthcare Interoperability Solutions Market by Healthcare Providers Type, 2019 - 2022, USD Million
TABLE 83 Mexico Healthcare Interoperability Solutions Market by Healthcare Providers Type, 2023 - 2029, USD Million
TABLE 84 Mexico Healthcare Interoperability Solutions Market by level of Interoperability, 2019 - 2022, USD Million
TABLE 85 Mexico Healthcare Interoperability Solutions Market by level of Interoperability, 2023 - 2029, USD Million
TABLE 86 Mexico Healthcare Interoperability Solutions Market by Type, 2019 - 2022, USD Million
TABLE 87 Mexico Healthcare Interoperability Solutions Market by Type, 2023 - 2029, USD Million
TABLE 88 Mexico Healthcare Interoperability Solutions Market by Software Type, 2019 - 2022, USD Million
TABLE 89 Mexico Healthcare Interoperability Solutions Market by Software Type, 2023 - 2029, USD Million
TABLE 90 Rest of North America Healthcare Interoperability Solutions Market, 2019 - 2022, USD Million
TABLE 91 Rest of North America Healthcare Interoperability Solutions Market, 2023 - 2029, USD Million
TABLE 92 Rest of North America Healthcare Interoperability Solutions Market by End User, 2019 - 2022, USD Million
TABLE 93 Rest of North America Healthcare Interoperability Solutions Market by End User, 2023 - 2029, USD Million
TABLE 94 Rest of North America Healthcare Interoperability Solutions Market by Healthcare Providers Type, 2019 - 2022, USD Million
TABLE 95 Rest of North America Healthcare Interoperability Solutions Market by Healthcare Providers Type, 2023 - 2029, USD Million
TABLE 96 Rest of North America Healthcare Interoperability Solutions Market by level of Interoperability, 2019 - 2022, USD Million
TABLE 97 Rest of North America Healthcare Interoperability Solutions Market by level of Interoperability, 2023 - 2029, USD Million
TABLE 98 Rest of North America Healthcare Interoperability Solutions Market by Type, 2019 - 2022, USD Million
TABLE 99 Rest of North America Healthcare Interoperability Solutions Market by Type, 2023 - 2029, USD Million
TABLE 100 Rest of North America Healthcare Interoperability Solutions Market by Software Type, 2019 - 2022, USD Million
TABLE 101 Rest of North America Healthcare Interoperability Solutions Market by Software Type, 2023 - 2029, USD Million
TABLE 102 Key Information – Koninklijke Philips N.V.
TABLE 103 Key Information – Oracle Corporation
TABLE 104 Key Information – Wipro Limited
TABLE 105 Key Information – Cognizant Technology Solutions Corporation
TABLE 106 Key Information – Veradigm, Inc.
TABLE 107 Key Information – InterSytems Corporation
TABLE 108 Key Information – Orion Health Group Limited
TABLE 109 Key Information – Virtusa Corporation
TABLE 110 Key Information – Onyx Technology LLC
TABLE 111 Key Information – Epic Systems Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 4 Key Strategic Move: (Partnerships, Collaborations and Agreements : 2019, Nov – 2023, Apr) Leading Players
FIG 5 Recent strategies and developments: Koninklijke Philips N.V.
FIG 6 Swot analysis: Koninklijke Philips N.V.
FIG 7 SWOT analysis: Oracle Corporation
FIG 8 SWOT Analysis: Wipro Limited
FIG 9 Swot analysis: cognizant technology solutions corporation