Patient data hub solutions market to be valued at $3.01b by 2033

Thanks to a rising need for centralised data and interoperability.

The patient data hub solutions market is projected to reach $3.01b by 2033 at a compound annual growth rate of 7.59%, according to a Research and Markets report.

The sector’s expansion is attributed to a rising demand for centralised patient data, a need for interoperability, and developments in health IT infrastructure.

“As healthcare providers face challenges in delivering better, more personalised care, having a unified view of a patient's medical history has become essential,” the report said.

Moreover, technological advancements are further driving market growth.

Tools such as cloud computing and artificial intelligence allow for smarter and more secure handling of information.