Healthcare Interoperability Solutions Market Size

Healthcare Interoperability Solution Market size is expected to cross USD 92 billion by the end of 2036, growing at a CAGR of 15% during the forecast period i.e., 2024 – 2036. In the year 2023, the industry size of healthcare interoperability solutions was around USD 19 billion. The growth of this market can be attributed to the increasing use of healthcare interoperability solutions in the healthcare industry especially in hospitals. Suppliers of ambulatory medical care can electronically submit prescriptions to pharmacies using solutions like prescribing interoperability. As per a data, in the US, e-prescriptions accounted for 94% of all prescriptions completed in 2021.

The market is anticipated to expand as more people adopt healthcare interoperability solutions over the projected period as a result of their potential to lower the rising healthcare expenditures. Sharp growth in government health spending at all income levels underlie the new high of USD 9 trillion accounting to 11% of global GDP.