HIE market to hit $980M value: 5 things to know

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High demand is expected to spur growth in the global health information exchange market, according to a Research and Markets report.

Here are five things to know about the market.

1. The global HIE market is projected to reach a value of $980 million by 2019.

2. The market's growth factors include incentives from the federal government, increased investment, an aging population and demand for reduced healthcare costs.

3. Factors hampering growth include interoperability issues, slow return on investment and high implementation costs.

4. North America holds the largest share of the global HIE market.

5. The Research and Markets report names a number of key companies including:

•    AT&T
•    CareEvolution
•    Cerner
•    GE Healthcare
•    IBM
•    Intersystems
•    Medicity
•    Oracle
•    Orion Health
•    Siemens Healthcare

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