HEALTHCARE INTEROPERABILITY SOLUTIONS MARKET ANALYSIS

Regional Analysis

Global Healthcare Interoperability Solutions Market: Regional Insights

Based on geography, the global healthcare interoperability solutions market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Among regions, North America is expected to gain highest share in the market over the forecast period owing to the effective EHR (Electronic Health Record) implementation by healthcare organizations in the region. For instance, EHRs are real-time, patient-centred records that make information available instantly and securely to authorized users (healthcare organizations). The U.S. government is providing funding to hospitals to implement EHR systems, leading to over 90% penetration of EHR among health care providers across the nation.

Asia Pacific is also expected to witness robust growth in the global healthcare interoperability solutions market owing to the increasing government expenditure on healthcare facilities. For instance, in the pandemic year, the central and state governments’ (the Government of India’s) budgeted expenditure on the health sector reached 2.1 per cent of GDP in 2021-22, against 1.3 per cent in the previous fiscal. A significant budgetary increase for the healthcare sector in the wake of the COVID-19 pandemic pushed India's health expenditure.

• North America: U.S. and Canada
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East: GCC Countries, Israel, and Rest of Middle East
• Africa: South Africa, North Africa, and Central Africa