The global interoperability solution in healthcare market size reached USD 3.10 Billion in 2021 and is expected to register a revenue CAGR of 12.0% during the forecast period, according to a latest analysis by Emergen Research. Increasing healthcare expenses, along with government initiatives to enhance safety and quality of care are expected to support market revenue growth between 2022 and 2030. The rising need to shore up healthcare spending, as well as governing measures to improve patient care quality, are expected to drive the market revenue growth. Individual health data mobilization across the complete spectrum of health care providers allows coordinated, safe, and high-quality treatment which helps finance reforms, transparency initiatives, and individuals' ability to control their health. However, in making optimal use of interoperability solutions and ensuring their effective implementation, healthcare organizations are working holistically on data transfer and implementation strategies that cover the whole patient care continuum.

The increase in government initiatives to promote healthcare institutions to utilize Electronic Health Records (EHRs) is supporting revenue growth of interoperability solutions in the healthcare market. Additionally, the need to reduce unnecessary expenses of healthcare facilities is expected to increase the adoption of interoperability solutions in the healthcare market.

The report is updated with the latest economic scenario and market scope with regard to the ongoing COVID-19 pandemic. The report covers growth prospects as well as current and futuristic revenue estimations in a post COVID scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market.

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Some Key Highlights from the Report

• The semantic segment is expected to register a fast CAGR during the forecast period because it facilitates the virtual sharing of medical details between separate approved parties and clinicians along with all compatible EHR and other programs to increase healthcare delivery system capabilities, protection, consistency, and effectiveness
• The solutions segment is expected to register a fast CAGR during the forecast period due to the increasing need for more awareness of patient health knowledge and the increasing usage of healthcare information technology to improve treatment quality and patient satisfaction
• The diagnostics segment is expected to register a significant revenue growth rate over the forecast period due to rising demand for more efficient information sharing for disease diagnosis, such precise and accurate assessments allow healthcare practitioners to analyze accurately the condition of the patients, including knowledge evaluation, comprising the background of medication and allergies, the diagnostics application, etc.

Leading Companies of the interoperability solution in healthcare Industry and Profiled in the Report are:

InterSystems Corporation, Allscripts Healthcare Solutions, Cerner Corporation Inc., Orion Health Group Limited, Koninklijke Philips NV, Epic Systems Corporation, ViSolve Inc., Infor Inc., iNTERFACEWARE, and Quality Systems Inc.

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The report offers a comprehensive breakdown of the regional analysis of the market and subsequent country-wise analysis. The regional analysis of the market comprises of production volume information, consumption volume and patterns, revenue, and growth rate for the forecast period of 2022-2030. According to the regional analysis, the market is primarily spread over key geographical regions as follows:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Emergen Research has segmented the healthcare analytics market on the basis of level, product type, application, end-use:

• Level Outlook (Revenue, USD Billion; 2019–2030)
  • Semantic
  • Foundational
  • Structural

• Product Type Outlook (Revenue, USD Billion; 2019–2030)
  • Services
  • Solutions

• Application Outlook (Revenue, USD Billion; 2019–2030)
  • Treatments
  • Diagnostics
  • Others

• End-use Outlook (Revenue, USD Billion; 2019–2030)
  • Healthcare Provider
  • Healthcare Payer
  • Life Science Companies

Key Questions Answered in the Report:

• What is the growth rate of the interoperability solution in healthcare market? What is the anticipated market valuation of interoperability solution in healthcare industry by 2030?
• What are the key growth driving and restraining factors of the interoperability solution in healthcare market?
• Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
• What are the key opportunities and growth prospects of the interoperability solution in healthcare industry over the forecast period?
• Which region is expected to show significant growth in the coming years?

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