Health Information Exchange Market Is Projected To Reach $2.2 Billion By 2024: Grand View Research, Inc.
The global healthcare information exchange (HIE) market is expected to reach USD 2.21 billion by 2024, according to a new report by Grand View Research, Inc. The increasing need for greater access to patient health information is a potent driver of the health information exchange market. Additionally, the increasing awareness pertaining to the health information exchange owing to the presence of government and non-profit organizations, such as Healthcare Information and Management Systems Society (HIMSS),is the major factor expected to drive the growth of the aforementioned industry over the forecast period. Furthermore, the increasing focus towards advanced healthcare solutions along with the increased provision of funds from government organizations to expand healthcare information systems is expected to increase the adoption of HIE systems in the near future. For example, the presence of the Agency for Healthcare Research and Quality (AHRQ), which is instr...