Global HIE Market To Reach $878M by 2018, Report Estimates
March 13, 2014 in News
For the report, researchers examined the HIE technology sector by:
- Implementation model;
- Set-up type; and
- Vendor type (Hall, FierceHealthIT, 3/11).
The report found that the HIE market will increase from $558 million last year to $878 million in 2018.
According to the researchers, the private HIE market — which commanded the largest share of the HIE market — will grow by more than 10% annually because of:
- Clear business models;
- Increased adoption of HIE among providers; and
- Rising investments in HIE by vendors (Walsh, Clinical Innovation Technology, 3/11).
In addition, the report forecasted growth in several other markets, including:
- Interfacing internal applications; and
- Web portal development (FierceHealthIT, 3/11).