Healthcare Interoperability Market Analysis: Key Players, Competitive Landscape, and Strategic Insights
The global healthcare interoperability solutions market size is expected to reach USD 8.57 billion by 2030, registering a CAGR of 14.15% during the forecast period, according to a new report by Grand View Research, Inc. Rising focus on patient-centric care, increasing need to curb high healthcare cost, and growing government initiatives to enhance patient safety & care are some major factors driving market growth. Rising healthcare IT penetration, especially in developing economies, is further expected to create significant growth opportunities for market players. However, rising complexity due to lack of reliable data & trained professionals and increasing data privacy & safety concerns are some key factors expected to impede growth. Healthcare organizations are adopting Electronic Health Record (EHR) systems that support integration between different technologies/systems, increasing the need for interoperability solutions across all healthcare set...