Press release
Healthcare Data Interoperability Market Outlook 2024 2030: GenAI Workflows and Real Time Analytics Lead Innovation
"The Global Healthcare Data Interoperability Market reached US$3.42 billion in 2023 and is expected to reach US$8.57 billion by 2030, growing at a CAGR of 14% during the forecast period 2024-2030," according to DataM Intelligence.The Healthcare Data Interoperability Market features global health IT giants and specialist vendors. Philips, Epic Systems, Cerner (Oracle Health) and InterSystems lead with enterprise-grade EHR and HIE platforms, while Veradigm, Orion Health, NextGen Healthcare, and OSP Labs supply modular FHIR APIs and analytics layers. Niche integrators ViSolve and CES Limited provide custom interfaces and compliance tooling, giving providers and payers multiple routes to seamless data exchange as per our analysis.
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Recent M&A & Strategic Collaborations in Healthcare Data Interoperability
1. HL7 FHIR-openEHR Joint Collaboration Boosts Global Healthcare Data Interoperability Standards
Aligns two leading standards bodies, easing multi-standard data mapping for vendors and providers.
2. HEALWELL AI Acquires Orion Health for US$104.7 M to Expand AI-Powered Interoperability
Adds Orion's global HIE platform to HEALWELL's preventive care AI stack, bolstering public sector contracts.
3. openEHR & HL7 Workshop Confirms Road Map for Shared Terminology Services and Dual Model Repos
Sets 12 12-month plan for shared tooling, expected to accelerate vendor adoption and regulatory alignment.
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Key Growth Drivers & Emerging Opportunities of Healthcare Data Interoperability
• Regulatory pressure (e.g., TEFCA in the U.S., EU EHDS) mandates real-time, standards-based data sharing.
• AI & GenAI workflows need clean, interoperable data streams pushing providers to modern FHIR/RESTful APIs.
• Telehealth and remote monitoring create new datasets that must integrate seamlessly with core EHRs.
• Cloud migration plus blockchain & zero trust security, open opportunities for Interoperability as a Service.
• Emerging market digitisation drives demand for lightweight, vendor-neutral integration layers.
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Regional Market Drivers of Healthcare Data Interoperability
North America: TEFCA onboarding, value-based care incentives, and large-scale cloud/EHR modernisation lead demand.
Europe: EHDS legislation and cross-border e-prescription pilots accelerate investment in unified data standards.
Asia Pacific: Rapid hospital digitisation in India & China and government smart health programs spur FHIR rollouts.
Latin America / MEA: HIE build-outs funded by multilateral health agencies create green field opportunities for agile, cloud-hosted interoperability hubs.
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights, and developments to provide swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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