Healthcare IT News July 28, 2020
Kat Jercich

Much of the worldwide spending increase on APIs, data integration, analytics and more will be driven by governmental regulations and policy requirements, analysts said.

A recent report from Frost & Sullivan suggests a worldwide demand for more interoperable healthcare systems, with the global market expecting to grow at a compound annual rate of 13.8% over the next four years.

Much of this growth, said the report, “Global Healthcare Interoperability Market, Forecast to 2024,” will be driven by countries with regulated healthcare IT interoperability standards. Government agencies – including ones in the United States – are requiring healthcare stakeholders to meet interoperability mandates.

This, in turn, is leading to higher adoption of health IT applications and opportunities for vendors...

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