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Global Health Information Exchange Market: USD 2.8B Projection, USD 1.7B Base, 10.2% CAGR | MarketsandMarkets™

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CHICAGO, July 18, 2024 /PRNewswire/ — The global Health Information Exchange market is poised for significant growth, projected to reach USD 2.8 billion by 2029 from USD 1.7 billion in 2024, growing at a CAGR of 10.2%. This growth is driven by increasing adoption of HIE solutions due to rising focus on population health management, value-based care models, and regulatory mandates for electronic health records (EHRs). Government initiatives worldwide, spurred by events like the COVID-19 pandemic, have accelerated the implementation of HIE systems to enhance patient care and safety through efficient data sharing. However, challenges such as data privacy concerns and interoperability issues hinder market expansion. Opportunities lie in improving healthcare infrastructure in emerging markets, where HIE solutions facilitate better care coordination and cost savings. Key market players include Epic Systems Corporation, Oracle, and InterSystems Corporation, among others, driving innovation and expansion in the HIE ecosystem globally.

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Browse in-depth TOC on “Health Information Exchange Market”

526 – Tables
53 – Figures
435 – Pages

The updated version of the Health Information Exchange Market report provides comprehensive insights from historical data covering 2022 and 2023 to forecasts up to 2029, with a focus on the CAGR from 2024 to 2029. Key updates include:

Market Overview: Features include patent analysis, key conferences & events, trends impacting customer businesses, end user analysis, and business models.

Competitive Landscape: Updated with market rankings, geographic footprint of major companies, and competitive scenarios globally.

Company Evaluation Quadrant: Profiles vendors as stars, emerging leaders, participants, and pervasive players.

Startup/SME Evaluation Quadrant: Classifies startups/SMEs as progressive companies, responsive companies, dynamic companies, and starting blocks.

Financial Information/Product Portfolios: Includes updated company profiles with financial details and product portfolios.

Market Developments: Covers recent developments from January 2020 to April 2024, emphasizing product launches as key growth strategies.

Recession Impact: Analyzes the impact of the recession on regional markets, spanning North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.

Segment Analysis – Solutions:

In terms of solutions, the HIE market is segmented into portal-centric, messaging-centric, and platform-centric solutions. Portal-centric solutions held the largest market share in 2023 due to their user-friendly interfaces enabling secure access to medical records. These solutions empower patients by facilitating engagement and ownership of their health information. Moreover, they enhance communication among healthcare providers by centralizing patient records, thus fostering seamless care coordination across different healthcare settings.

Segment Analysis – End Users:

The HIE market’s end-user segment includes healthcare providers, healthcare payers, and pharmacies, with healthcare providers dominating in 2023. The adoption of HIE software solutions among healthcare providers is driven by the shift towards value-based care and population health management. These solutions enable providers to aggregate and analyze patient data comprehensively, identifying opportunities to improve outcomes and reduce costs.

Regional Insights:

The HIE market is geographically segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa, with the Asia Pacific region expected to exhibit the fastest growth. Countries like Singapore, South Korea, and Australia have implemented national health information exchange programs to promote interoperability and data sharing. The COVID-19 pandemic has underscored the critical need for robust HIE infrastructure in the APAC region, accelerating adoption to facilitate timely access to vital health data for effective public health response and clinical decision-making.

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Competitive Landscape:

The Health Information Exchange market is highly competitive and dominated by key players such as Epic Systems Corporation (US), Oracle (US), InterSystems Corporation (US), and others. Epic Systems Corporation leads with its extensive adoption across diverse healthcare institutions, offering a user-friendly interface and robust functionality tailored to various healthcare settings. Oracle stands out for its expertise in developing scalable HIE solutions, exemplified by its successful integration efforts among Ontario-based hospitals. Health Catalyst, renowned for its innovative data-driven solutions, strengthens its market position through strategic collaborations enhancing interoperability standards and data exchange capabilities.

Key Players Overview:

Epic Systems Corporation (US): Known for widespread adoption and versatile solutions across healthcare institutions.

Oracle (US): Expertise in scalable HIE platforms, demonstrated by successful data exchange initiatives.

Health Catalyst (US): Innovates with data-driven insights, collaborating to advance interoperability standards.

These players drive innovation and adoption in the dynamic Health Information Exchange market, shaping the future of healthcare data management and patient care coordination.

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Related Reports:

Healthcare IT Market

Telehealth & Telemedicine Market

Remote Patient Monitoring Market

Healthcare Analytics Market

Patient Registry Software Market

Get access to the latest updates on Healthcare Information Exchange Companies and Healthcare Information Exchange Market Size

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Cash Industry Stakeholders to Gather in Chicago for the Secure Cash and Transport Association’s Annual Conference

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47 mins ago

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September 25, 2024

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The 2024 SCTA Conference, taking place in Chicago on October 9-11, will host cash industry professionals and feature a keynote address by 29-time Emmy Award winner and Hall of Fame keynote speaker, Bill Stainton.

PURCELLVILLE, Va., Sept. 25, 2024 /PRNewswire-PRWeb/ — The Secure Cash & Transport Association (SCTA), a nonprofit group representing professionals in ATM servicing, cash handling and processing, transportation, and safekeeping of cash and coin throughout North America, is set to welcome nearly 200 attendees to its annual conference in Chicago on October 9-11, 2024. The annual SCTA Conference supports the Secure Cash & Transport Association’s overarching mission to protect, strengthen, and unite the cash-in-transit and cash-servicing industries. This year’s event theme is “Adopting and Adapting to Technology: What’s Next?”

“I believe the next chapter for us all is to focus on building resilience, ensuring that our industry can keep pace with technological advancements and thrive amidst them.”

The conference brings professionals and thought leaders together to review critical trends and issues impacting the cash industry’s safety, security, and overall success. This year’s event features a keynote address by 29-time Emmy Award winner and Hall of Fame keynote speaker, Bill Stainton. Stainton’s address, “Connect the Dots: Innovation in the Cash Service Industry,” will debunk several myths about creativity and innovation and delve into what it means to be a game-changer in the cash industry.

The 2024 SCTA Conference will feature more than a dozen informative sessions delivered by leading experts in cash-in-transit, banking, retail, security, cybersecurity, insurance, and compliance. The full schedule for the event can be found at scta.securetransportassociation.org/agenda.

D. Mark Lowers, President of the Secure Cash and Transport Association, reflects on this year’s focus on innovation, “As leaders, we’ve had to navigate the rapid pace of technological change, integrating new systems and solutions to maintain business continuity and enhance safety and security. This adaptation has sharpened our skills and brought about greater efficiency. However, I believe the next chapter for us all is to focus on building resilience, ensuring that our industry can keep pace with technological advancements and thrive amidst them.”

Details about the event, registration information, and association membership details can be found on the event website at https://scta.securetransportassociation.org.

About the Secure Cash & Transport Association (SCTA)

The Secure Cash & Transport Association (SCTA) is a non-profit association established in 2013 to represent the shared interests of professionals in ATM servicing, cash handling/processing, transportation, and safekeeping of cash and coin throughout North America. Industry groups represented by the association include armored operators, insurance providers, truck builders, financial institutions, ATM cash providers, coin wrappers, security surveys and compliance providers, retailers, and loss adjusters.

Learn more at securetransportassociation.org.

Media Contact

Michael Gaul, Secure Cash & Transport Association, 1 (540) 338-7151, mgaul@securetransportassociation.org, https://www.securetransportassociation.org/

View original content to download multimedia:https://www.prweb.com/releases/cash-industry-stakeholders-to-gather-in-chicago-for-the-secure-cash-and-transport-associations-annual-conference-302258222.html

SOURCE Secure Cash & Transport Association

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Technology

PayPal Enables Business Accounts to Buy, Hold and Sell Cryptocurrency

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47 mins ago

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September 25, 2024

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Company also provides the ability for business accounts to externally transfer cryptocurrency

SAN JOSE, Calif., Sept. 25, 2024 /PRNewswire/ — PayPal Holdings, Inc. (NASDAQ: PYPL) announced it is enabling its U.S. merchants to buy, hold and sell cryptocurrency directly from their PayPal business account. At launch, this functionality for Business Accounts will not be available in New York State. Today’s announcement is PayPal’s latest step to increase cryptocurrency‘s utility by making increased functionality available to millions of merchants in the U.S. 

“Since we launched the ability for PayPal and Venmo consumers to buy, sell, and hold cryptocurrency in their wallets, we have learned a lot about how they want to use their cryptocurrency,” said Jose Fernandez da Ponte, Senior Vice President of Blockchain, Cryptocurrency, and Digital Currencies, PayPal. “Business owners have increasingly expressed a desire for the same cryptocurrency capabilities available to consumers. We’re excited to meet that demand by delivering this new offering, empowering them to engage with digital currencies effortlessly.”

Additionally, PayPal is enabling U.S. merchants to externally transfer cryptocurrency on chain to third-party eligible wallets. PayPal business account holders can now send and receive supported cryptocurrency tokens to and from external blockchain addresses.

PayPal has continuously made significant steps to increase cryptocurrency‘s utilization. In 2020, PayPal announced the availability of its customers to buy, hold and sell cryptocurrency directly from their PayPal and Venmo accounts. In 2023, PayPal announced the launch of a U.S. dollar-denominated stablecoin, PayPal USD (PYUSD). In April 2024, we enabled PYUSD as a funding instrument for our Xoom platform, allowing users to pay no transaction fees when using PYUSD to fund eligible transfers to friends and family abroad. Most recently, PYUSD was made available on the Solana blockchain, providing users with the choice of multiple blockchains allowing for increased flexibility and control.

About PYUSD

PayPal USD is issued by Paxos Trust Company, a fully chartered limited purpose trust company. Paxos and its products – including expansion to new blockchains – are licensed to engage in Virtual Currency Business Activity by the New York State Department of Financial Services. Reserves for PayPal USD are fully backed by U.S. dollar deposits, U.S. Treasuries and similar cash equivalents, and PayPal USD can be bought or sold through PayPal and Venmo at a rate of $1.00 per PayPal USD.

Issuance and custody of PayPal USD is performed by Paxos Trust Company, LLC. Learn more in PayPal’s Cryptocurrency Terms, and in the Paxos Terms that also apply to PYUSD.

About PayPal

PayPal has been revolutionizing commerce globally for more than 25 years. The company creates innovative experiences that make moving money, selling, and shopping simple, personalized, and secure. PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy. For more information, visit https://www.paypal.com, https://about.pypl.com/ and https://investor.pypl.com/.

Media Relations Contacts: 
Nicole Cutler
mediarelations@paypal.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/paypal-enables-business-accounts-to-buy-hold-and-sell-cryptocurrency-302259069.html

SOURCE PayPal Holdings, Inc.

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KIWI design Unveils Made For Meta Products at Meta Connect 2024

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47 mins ago

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September 25, 2024

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MENLO PARK, Calif., Sept. 26, 2024 /PRNewswire/ — KIWI Design, a leading innovator in high-quality XR accessories, has successfully added two products to the “Made For Meta” program since 2023. In 2024, KIWI design was invited to participate in the Meta Connect event, where they presented three new “Made For Meta” products. These innovations come equipped with significant upgrades designed to enhance the immersive experience for XR enthusiasts. According to their official social media announcements, more products will be released in Q4.

With the introduction of the Made For Meta line, KIWI design continues to set the standard in the XR accessory market. Each product is designed with user feedback in mind, ensuring that every detail contributes to a more enjoyable and engaging XR experience.

“Our goal is to provide XR lovers with the most immersive experience.” stated Ray, CEO of KIWI design. “We are thrilled to introduce these new products, which embody our unwavering commitment to quality and innovation.”

Since its inception, KIWI design has built a reputation for crafting user-friendly and reliable XR accessories that are widely appreciated by consumers. This announcement features upgrades to their flagship products, promising a more comfortable and enjoyable experience for users.

As KIWI design moves forward, the company remains dedicated to its mission: “Pioneering Comfort and Immersion in Every XR Moment.” The unveiling of these new products at Meta Connect represents a significant step towards this goal, and the company is excited to continue innovating for the XR community.

For more information about KIWI design, please visit official website and follow KIWI design on Facebook, Instagram, X, YouTube and TikTok.

https://www.kiwidesign.com/

https://www.facebook.com/KIWIdesignOfficial

https://www.instagram.com/kiwidesignins/

https://x.com/KIWIdesign_shop

https://www.youtube.com/channel/UCOzFWarIschBuBfNz01Oucw

https://www.tiktok.com/@kiwidesign_official

SOURCE KIWI design

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