Clinical data exchange market is expected to register a substantial CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the growing levels of incidents associated with theft of clinical and medical data.
This Clinical Data Exchange market report is a great source of information about the healthcare industry, important facts and figures, expert opinions, and the most recent developments across the globe. Such perfect and comprehensive market report brings into focus primary and secondary drivers, market share, leading segments, possible sales volume, and geographical analysis. The report contains reviews about key players in the market, major collaborations, merger and acquisitions along with trending innovation and business policies. The report also gives CAGR value fluctuations during the forecast period of 2019-2026 for the market.
- Increasing utilization of blockchain technology from the healthcare industry is expected to drive the growth of the market
- Rising prevalence of counterfeit drugs floating in the market; this factor is expected to boost the growth of the market
- Requirement for better secured storage solutions also acts as a market driver
- Enhanced levels of support being provided by various government authorities to improve the availability of infrastructure for deployment of advanced technologies will also uplift the market growth
Market Restraints
- Lack in the awareness and infrastructure availability in various developing regions; this factor is expected to restrict the growth of the market
- Concerns regarding the data’s privacy amid high volume of data thefts will also hamper the market growth
- Requirement of large-scale investments and expenditure for establishment of infrastructure and other resources for successful operations of clinical data exchange is another factor restricting the market growth
Key Developments in the Market:
- In June 2019, Accumen announced that they had acquired Halfpenny Technologies, Inc. This acquisition will lead to addition of enhanced capabilities to the combined enterprise, helping provide better quality of performance and operational capabilities. This will lead to delivery of next generation of health care services and solution
- In September 2018, Da Vinci Project was formed with the combination of more than twenty healthcare organizations. The project will be focused on utilizing Health Level Seven International’s “HL7 Fast Healthcare Interoperability Resources (FHIR)” for improving the quality of data-communication for value-based care arrangement
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Some major points from table of content:
- Introduction
- Research Methodology
- Executive Summary
- Key Inferences
- Market Overview
- Market Dynamics
- Market Segmentation
- Company Profiles & Competitive Landscape
- Future of the Market
Segmentation: Global Clinical Data Exchange Market
By Component
- Enterprise Master Person Index (EMPI)
- Healthcare Provider Directory (HPD)
- Record Locator Service (RLS)
- Clinical Data Repository
- Others
By Implementation Model
- Centralized/Consolidated Model
- Decentralized/Federated Models
- Hybrid Model
By Setup Type
By Exchange Type
- Direct Exchange
- Query-Based Exchange
- Consumer Mediated Exchange
By Application
- Internal Interfacing
- Secure Messaging
- Work Flow Management
- Web Portal Development
- Others
By End-User
- Pharmaceutical Companies
- Healthcare Providers
- Public Health Agencies
- Healthcare Payers
- Others
By Geography
- North America
- Europe
- Asia-Pacific
- South America
- Middle East and Africa
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Benefits of the report for Clinical Data Exchange market
- What are the challenges being faced by the new entrants
- Drivers and restrains of the market
- Key developments in the market
- Market volume
- CAGR value for the forecast period 2019-2026
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