Recent study report released by Data Bridge Market research with titled “Healthcare Interoperability Solutions Market” (covering USA, Europe, China, Japan, India, South East Asia and etc) that highlighting opportunities, risk analysis, and leveraged with strategic and tactical decision-making support. The universal Healthcare Interoperability Solutions Market survey report delivers key data about the product portfolios, product values, company profiles, shares, and contact data for the company. It also represents a brief summary of sales, revenue share, demand/supply data, and market growth analysis during the predicted period. This market study report on the world market encompasses the evaluation of distinct parameters that uplift the growth of the global industry. When tracking the market trends, researchers and analysts have made a careful effort. Healthcare Interoperability Solutions Market research document is specifically designed with a set of proven guidelines and methodologies.

The market information underlined in the superior Healthcare Interoperability Solutions report not only assists businesses in taking sound and proficient decisions but also helps decide the advertising, promotion, marketing, and sales strategy more gainfully. This report merges all-inclusive industry analysis with precise evaluations and forecasts which all together brings about absolute research solutions and maximum industry clarity for strategic decision making. This report deals with several markets internationally including Asia, North America, South America, and Africa in accord with the client’s needs. To produce global Healthcare Interoperability Solutions market research report, the data has been gathered from the diverse corners of the globe by an experienced team of language resources.

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In recent years, healthcare interoperability has become one of the significant needs across health systems. These healthcare interoperability solutions can address strategy development, patient access API management, data curating and management, implementation and support, and consent management. Interoperability solutions do not just assist in compliance with industry requirements but also work towards digital transformation. Data Bridge Market Research analyses that the healthcare interoperability solutions market is expected to reach the value of USD 139.93 million by the year 2029, at a CAGR of 8.40% during the forecast period. “Healthcare providers” accounts for the largest end user segment in the healthcare interoperability solutions market owning to the presence of government mandates and rise in healthcare costs.

Market Summary: –

Interoperability in healthcare is the integration and use of electronic health data, along with timely and secure access to improve health outcomes for individuals and populations. At present, the health care industry is highly focused on enhancing the quality of health care facilities and operational efficiency, declining medical errors that occur while conducting various medical procedures, and minimizing the cost of operations. These solutions can exchange health information across two or more systems and further utilize the data once it is received. Lack of interoperability and integration among payers, pharmacies, clinicians, patients, and even legislators could weaken the unified Healthcare continuum.

Recent Development

- Infor, the industry cloud company has launched a new interoperability solution for the healthcare sector, “FHIR Server”, in July 2021. The new solution promises to help healthcare organizations leverage and analyze their data better. Infor FHIR Server is being considered as one of the most modern, advanced, and scalable FHIR servers commercially available in the current market.
- Epic Systems (US) partnered with Anthem, Inc. (US) in May 2021 to address potential gaps in care by harnessing Epic’s Payer Platform and easing administrative burdens.
- Koninklijke Philips N.V. (Netherlands) signed an agreement to acquire Capsule Technologies, Inc. (US) in In January 2021 to transform care delivery.
Major Players in Healthcare Interoperability Solutions markets are

Allscripts Healthcare, LLC, Cerner Corporation, Epic Systems Corporation, Infor, iNTERFACEWARE Inc., InterSystems Corporation, Jitterbit, NXGN Management, LLC, Koninklijke Philips N.V., ViSolve Inc., Orion Health group of companies, OSP Labs, AM HEALTHCARE TECHNOLOGY, Deevita LLC, GENERAL ELECTRIC COMPANY, and IBM among others.

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Healthcare Interoperability Solutions Market Dynamics

- The rise in the adoption of electronic health records (EHR)
It is a challenge to store the bulk data generated by the electronic health records (EHR) on the local storage devices due to the risk associated with the loss of essential data. Hence, deploying these interoperability solutions in the healthcare sector becomes critical to enable easy sharing and storage of big data.

- The increase in the cost of operations and the decline in reimbursements for laboratory services
The surge in the cost of various medical procedures, along with the reduction in reimbursements for laboratory services, accelerate the demand for healthcare interoperability solutions across healthcare providers and healthcare payers.

- Regulatory Compliance
Maintaining compliance with medical reforms and regulations raises the demand for these solutions.

- Government investments for healthcare interoperability
The increase in the funding by the federal government to drive the adoption of these solutions further influence the market.

Additionally, the surge in healthcare expenditure, advancements in healthcare infrastructure, and high demand for expanded care delivery positively affect the healthcare interoperability solutions market.

Opportunities

- Advancements in software technology
Furthermore, advancements in software technology extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, a high emphasis on streamlining imaging workflows will further expand the healthcare interoperability solutions market’s growth rate in the future.

Restraints/Challenges

- Lack of accurate interoperability solutions
- Complexity with lack of consistent data

On the other hand, a lack of accurate interoperability solutions, an absence of standards, and outdated legacy systems are expected to obstruct market growth. Also, complexity with lack of consistent data and concerns regarding data privacy are projected to challenge the healthcare interoperability solutions market in the forecast period of 2022-2029.

Regional Analysis for Healthcare Interoperability Solutions Market:

1. APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
2. Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
3. North America (U.S., Canada, and Mexico)
4. South America (Brazil, Chile, Argentina, Rest of South America)
5. MEA (Saudi Arabia, UAE, South Africa)

Key takeaways from the Healthcare Interoperability Solutions market report:

- Detailed considerate of Healthcare Interoperability Solutions market-particular drivers, Trends, constraints, Restraints, Opportunities and major micro markets.
- Comprehensive valuation of all prospects and threat in the
- In depth study of industry strategies for growth of the Healthcare Interoperability Solutions market-leading players.
- Healthcare Interoperability Solutions market latest innovations and major procedures.
- Favorable dip inside Vigorous high-tech and market latest trends remarkable the Market.
- Conclusive study about the growth conspiracy of Healthcare Interoperability Solutions market for forthcoming years.

How the Report Aids Your Business Discretion?

- This section of this Market report highlights some of the most relevant factors and growth enablers that collectively ensure a high-end growth spurt
- The report unravels details on pronounced share assessments across both country-wise as well as region-based segments
- A leading synopsis of market share analysis of dynamic players inclusive of high-end industry veterans
- New player entry analysis and their scope of new business models
- The report includes strategic recommendations for new business veterans as well as established players seeking novel growth avenues
- A detailed consultation services based on historical as well as current timelines to ensure feasible forecast predictions
- A thorough evaluation and detailed study of various segments as well as sub-segments across regional and country-specific developments
- Details on market estimations, market size, dimensions
- A review of market competitors, their high-end product and service portfolios, dynamic trends, as well as technological advances that portray high end growth in this Market

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