Global Health Information Exchange Market Size To Exceed USD 6.35 Billion By 2035| CAGR of 10.03%

Global Health Information Exchange Market Size To Exceed USD 6.35 Billion By 2035

According to a research report published by Spherical Insights & Consulting, The Global Health Information Exchange Market Size is Expected to Grow from USD 2.22 Billion in 2024 to USD 6.35 Billion by 2035, at a CAGR of 10.03% during the forecast period 2025-2035.

Browse 210 Market Data Tables and 45 Figures Spread Through 190 Pages and In-Depth TOC On "The Global Health Information Exchange Market Size, Share, and COVID-19 Impact Analysis, By Setup (Private HIE and Public HIE), By Implementation Model (Centralized HIE Model, Decentralized HIE Model, and Hybrid HIE Model), and by Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035.” Detailed Report Decription Here:https://www.sphericalinsights.com/reports/health-information-exchange-market                     

The health information exchange (HIE) market refers to systems and platforms that enable the secure electronic sharing of patient health information among healthcare providers, payers, laboratories, and other stakeholders. HIE solutions improve care coordination, reduce medical errors, eliminate duplicate testing, and enhance clinical decision-making by providing timely access to comprehensive patient data. Market growth is driven by increasing adoption of electronic health records (EHRs), rising demand for interoperable healthcare systems, government initiatives promoting data sharing, and the growing focus on value-based care. Additionally, advancements in cloud computing, data analytics, and cybersecurity are strengthening HIE capabilities. However, data privacy concerns, high implementation costs, and interoperability challenges continue to restrain market expansion

The private HIE segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.           

Based on the setup, the health information exchange market is divided into private HIE and public HIE. Among these, the private HIE segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. The private HIE segment held the largest share of the setup-type market in 2024, accounting for approximately 58–63%, driven by healthcare providers’ preference for secure, controlled, and customizable data exchange environments.

The hybrid HIE model segment accounted for the highest market revenue in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.     

Based on the implementation Model, the health information exchange market is divided into centralized HIE model, decentralized HIE model, and hybrid HIE model. Among these, the hybrid HIE model segment accounted for the highest market revenue in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. This architecture enables wide interoperability while maintaining localized control, making it an attractive choice for diverse healthcare organizations. The hybrid HIE model is expected to register a strong CAGR during the forecast period, as healthcare systems increasingly demand scalable, secure, and flexible data-sharing solutions.

North America is expected to hold the majority share of the health information exchange market over the predicted timeframe.    

North America is expected to hold the majority share of the health information exchange market over the predicted timeframe. This dominance is attributed to the region’s advanced healthcare IT infrastructure, extensive EHR adoption, strong regulatory support for interoperability, and substantial investments in digital health, especially in the United States and Canada. North America captured approximately 46–47% of global HIE revenue in 2024 and is projected to retain its leading position throughout the forecast period.

Asia Pacific is anticipated to grow at the fastest pace in the health information exchange market during the forecast period. Asia Pacific is projected to grow at a rapid CAGR, driven by increasing healthcare digitization, growing EHR adoption, rising patient volumes, and supportive government initiatives like India’s ABDM and China’s health IT reforms, which facilitate interoperable data exchange and enhance healthcare delivery across the region.

Major vendors in the global health information exchange market are, IBM, Siemens Healthcare Private Limited, Orion Health Group, Veradigm LLC, CareEvolution, LLC., Oracle, eClinicalWorks, and RelayHealth (McKinsey & Company).

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• In July 2025, HL7 International has established a new Artificial Intelligence (AI) Office to spearhead the creation of global standards ensuring safe, explainable, interoperable, and scalable AI applications in healthcare.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the health information exchange market based on the below-mentioned segments:   

Global Health Information Exchange Market, By Setup  

• Private HIE
• Public HIE

Global Health Information Exchange Market, By Implementation Model

• Centralized HIE Model
• Decentralized HIE Model
• Hybrid HIE Model

Global Health Information Exchange Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

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