Health Information Exchange Market Worldwide Study

Health Information Exchange allows medical professionals and patients to securely share and access the client’s medical information electronically. The demand for HIE has increased across the globe, as countries are making efforts to improve the safety, quality and efficiency of healthcare delivery through reduction in medical errors, while also tailoring the procedures according to a patient’s needs.

According to The Office of the National Coordinator for Health Information Technology, the outlook of patients regarding privacy and security of HIE is improving, with 84% of respondents in 2018 confident that their records are safe from unauthorized viewing, as opposed to 74% in 2017. Moreover, the number of patients withholding information from healthcare providers also marginally reduced in 2018. The study also suggested that 86% of office-based physicians had adopted any EHR, with 80% adopting a certified one.

Healthcare facilities are moving away from paper-based approach to storing patient data, to making use of EHRs, as it can be accessed on demand, and there is reduced risk of losing the data, thus saving money, time and most importantly, lives. Some of the advantages include less paperwork and fewer issues regarding storage, along with increased productivity, among many others.This factor is again boosting the demand for HIE market

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