
Health information exchange market to reach $4.44b by 2032
Thanks to a rising focus on interoperability and seamless data sharing.
The global health information exchange market is expected to reach $4.44b by 2032 at a compound annual growth rate of 9.8%, according to a CMI report.
The sector’s expansion is attributed to an increasing focus on interoperability and seamless data sharing amongst healthcare providers, payers, and patients.
Moreover, the rising burden of chronic diseases and the need for more effective population health management are key factors to market growth.
By setup type, the private segment is expected to account for nearly three-fifths of the global market share this year.