North America Health Information Exchange Market Trends, Size, Segment and Growth by Forecast to 2030

North America Health Information Exchange Market Overview

The private segment, categorized by setup, is projected to dominate market growth throughout the forecast period.

According to a recent market research report titled North America Health Information Exchange Market Forecast to 2028 – COVID-19 Impact and Regional Analysis by Product Type, Indication, Service, and Country,” the North America health information exchange (HIE) market is expected to grow from US$ 665.03 million in 2021 to US$ 1,439.25 million by 2028. This reflects a compound annual growth rate (CAGR) of 11.7% over the forecast period.

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The report outlines the key trends shaping the HIE landscape across North America, identifying the primary drivers behind market expansion as well as challenges that could potentially hinder growth.

Strategic Insights into the North America Health Information Exchange Market

Strategic insights into the North America Health Information Exchange (HIE) market offer a comprehensive, data-driven analysis of the industry landscape, highlighting emerging trends, leading players, and regional dynamics. These insights provide actionable guidance to help stakeholders gain a competitive edge by uncovering untapped market segments and crafting distinctive value propositions.

By leveraging advanced data analytics, these insights equip investors, manufacturers, and other key stakeholders with the foresight needed to anticipate market changes and adapt accordingly. With a forward-looking approach, they support long-term strategic planning and help businesses remain agile in a rapidly evolving environment.

Ultimately, these strategic insights empower organizations to make well-informed decisions that enhance profitability, strengthen market positioning, and drive sustainable growth across the North American HIE landscape.

North America Health Information Exchange Report Scope

Attribute Details

 

Market Size (2021) US$ 665.03 Million

 

Market Size (2028) US$ 1,439.25 Million

 

CAGR (2021–2028) 11.7%

 

Historical Data 2019–2020

 

Forecast Period 2022–2028

 

Segments Covered Set Up, Type, Implementation Model, Application, End User

 

Set Up Public, Private

 

Type Query Based, Direct Mediated, Consumer Mediated

 

Implementation Model Centralized, Decentralized, Hybrid

 

Applications Workflow Management, Internal Interfacing, Web Portal Development, Others

 

End Users Pharmacies, Healthcare Payers, Healthcare Providers

 

Regions Covered North America (US, Canada, Mexico)

 

Key Companies Health Catalyst, Nextgen, McKesson, Optum, Oracle, etc.

North America Health Information Exchange – Regional Insights

The geographic scope of the North America Health Information Exchange (HIE) encompasses the distinct regions where organizations operate and compete. Recognizing local nuances—such as regional healthcare needs, variations in economic conditions, and differences in regulatory frameworks—is essential for crafting effective market strategies. Tailoring solutions to meet specific local demands, such as preferences for data sharing protocols or integration capabilities, allows businesses to better serve diverse communities. By identifying underserved regions and adapting offerings accordingly, companies can expand their footprint, allocate resources more efficiently, launch more targeted marketing efforts, and strengthen their competitive positioning—ultimately driving sustained growth in key areas across North America.

Market Overview: North America Health Information Exchange

The North America health information exchange (HIE) market is projected to grow from US$ 665.03 million in 2021 to US$ 1,439.25 million by 2028, at a CAGR of 11.7%. Key growth drivers include strong government support for electronic medical/health record (EMR/EHR) adoption and a rising focus on reducing healthcare costs. However, data security and privacy concerns remain a challenge.

Widespread adoption of EHRs enables better data sharing and improved treatment quality. For instance, by 2015, 91% of Canadians had data in EHRs, and by 2017, 85% of physicians used EMRs. Cloud-based solutions and digital integration are also helping optimize costs.

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Author’s Bio
Akshay
Senior Market Research Expert at Business Market Insights

Akshay patil
Author: Akshay patil