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The global health information exchange market is expected to reach USD 2.0 billion by 2025 from USD 1.1 billion in 2020, at a CAGR of 12.2%.
Growth in this market can be attributed to factors such as growing need to curtail healthcare costs, focus on patient-centric care delivery, growing adoption of EHRs and other HCIT solutions, government initiatives for enhancing patient care and safety, government funding for healthcare interoperability. However, data privacy concerns, need for significant investments in infrastructure development and high cost of deployment, lack of true interoperable solutions are expected to hinder the market growth.
1.2 Research Methodology
2. Industry Overview
2.2 COVID-19 Has Increased the Challenges Faced by Hospitals
2.3 Digital Hospitals: Addressing Limitations of Traditional Providers Through Decentralized Care, Interoperable Systems, Outcome-Driven and Proactive Approaches
2.4 Improving Patient Journey in the Hospital Through Use of Smart Technologies
2.5 Virtual Assistant and Appointment Scheduling Platforms for Hassle-Free Pre-Hospitalization Experience for the Patients
2.6 Technologies for Enhancing Patients Experience During Hospitalization
2.7 Technologies Enabling Post-Operative Monitoring and Follow-Up Care for the Patients
2.8 Optimizing Energy Efficiency, Improving Asset Tracking and Inventory Management Through Deployment of Technologies
2.9 Digital Hospital Ecosystem Comprises of Technologies Used in Patient and Non-Patient Care
3. Medical Robots
3.2 Reducing Clinicians Workload Through Robot-Assisted Venipuncture and Hospital Supplies Transportation