PR Newswire July 27, 2020
Data interoperability and data analytics are key contributors to global market revenue for healthcare interoperability, says Frost & Sullivan
SANTA CLARA, Calif., July 27, 2020 /PRNewswire/ — Frost & Sullivan’s recent analysis, Global Healthcare Interoperability Market, Forecast to 2024, contends that interoperability has become a critical consideration for all health IT (HIT) applications. Countries where HIT interoperability standards are equally important and regulated are projected to drive the market, registering near-double-digit growth. The buoyant market for global healthcare interoperability is expected to grow at a compound annual growth rate (CAGR) of 13.8%, reaching $7.96 billion by 2024 from $4.17 billion in 2019.