Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Health Information Exchange Market size was valued at USD 1.7 billion in 2024 and is projected to reach USD 5 billion by 2037, rising at a CAGR of 9.4% during the forecast timeline from 2025 to 2037. In 2025, the industry size of health information exchange is estimated at USD 1.9 billion.
A key driver of the HIE sector is the palpable shift from fragmented, paper-based systems to interconnected digital health ecosystems. The shift has been reinforced by policy reforms such as the U.S. Twenty-First Century Cures Act mandates from the Office of the National Coordinator for Health Information Technology (ONC), and global equivalents such as Germany’s Telematics Infrastructure and India’s Ayushman Bharat Digital Mission. With an increasing number of countries seeking to bridge the private and public care coordination, HIE platforms have expanded from a mere IT tool to a foundational pillar in the current healthcare ecosystem.
In terms of trends, the health information exchange market is experiencing heightened infrastructure maturation, propelled by the widespread adoption of EHR. Additionally, the spending on digital health continues to rise, with the healthcare expenditure accounting for 9.2% of GDP across OECD nations. From this budget, a growing share has been allocated to cloud-based technologies. In addition, another trend that has proliferated in the sector is the increasing adoption of hybrid multicloud. The convergence of the indicators reflects a strong foundational support for HIE platforms, and with discussions to create interoperability standardization intensifying, the opportunities in the sector are set to remain consistent by the end of 2037. The table below highlights a few key technical indicators of the HIE market.
|
Indicator |
Value/Status (2024) |
|
EHR Adoption in U.S. Hospitals |
95% |
|
Health Expenditure (OECD) as % of GDP |
9.4% |
|
Hybrid Multicloud Adoption in Healthcare |
16.3% |
|
Organizations Using Multiple IT Infrastructures |
74% |
|
Healthcare Orgs Experiencing Cyberattacks |
93% |
|
Average Cyberattacks per Organization |
40 |
|
Cybersecurity Investment Forecast (2020–2025) |
$126 billion |