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How do government regulations affect the market?
Government regulations are a critical factor in the growth and accessibility of the Healthcare eCommerce Market. In many countries, governments are mandating the use of interoperable systems and are providing incentives for healthcare providers to adopt new technologies. For example, in the United States, the 21st Century Cures Act and the Health Insurance Portability and Accountability Act (HIPAA) are powerful drivers of interoperability, as they require healthcare providers to share data with patients and other providers. These regulations are creating a powerful and stable demand for healthcare eCommerce solutions, ensuring a predictable and long-term source of revenue and driving investment in the sector. For a detailed analysis of these regulatory dynamics, you can see the Healthcare eCommerce Market trends section of the report.
However, the lack of standardized and comprehensive regulations can also be a major challenge for the market. In…