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Global Healthcare Electronic Data Interchange (EDI) Market – Industry Trends and Forecast to 2028

  • Healthcare
  • Upcoming Report
  • Mar 2021
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60
  • Healthcare
  • Upcoming Report
  • Mar 2021
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Healthcare Electronic Data Interchange (EDI) Market, By Component (Services, Solutions), Transaction Type (Claims Management, Healthcare Supply Chain Management), Delivery Mode (Web and Cloud-Based EDI, EDI VAN, Point-to-Point EDI, Mobile EDI), End User (Healthcare Providers, Healthcare Payers, Medical Device and Pharmaceutical Industries, Pharmacies), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028

 Healthcare Electronic Data Interchange (EDI) Market Market Analysis and Insights  : Global Healthcare Electronic Data Interchange (EDI) Market

Healthcare electronic data interchange (EDI) market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to USD 7,543.67 million by 2028 growing at a CAGR of 9.09% in the above-mentioned forecast period. The growing awareness amongst the physicians and patients regarding the benefits of healthcare electronic data interchange (EDI) which will further create lucrative opportunities for the growth of the market.  

Healthcare electronic data interchange (EDI) is a standardised way to share data that provides a secure electronic exchange of data between healthcare agencies, care providers, patients, and others. It offers data processing and healthcare claims processing with security and performance.

Surging volume of patients suffering from chronic diseases, rising need of efficient management required for healthcare claims, prevalence of favourable regulations for transaction processes, increasing adoption of healthcare EDI in various healthcare facilities and growing patient pool, development of web-based EDI that provides functionality such as data integrity and authentication, rising need to curtail healthcare costs are some of the major as well as vital factors which will likely to augment the growth of the healthcare electronic data interchange (EDI) market in the projected timeframe of 2021-2028. On the other hand, introduction of ICD-11 guidelines along with increase in outsourcing of EDI services which will further contribute by generating massive opportunities that will lead to the growth of the healthcare electronic data interchange (EDI) market in the above mentioned projected timeframe.

Increasing concern regarding data security along with high implementation cost of EDI software which will likely to act as market restraints factor for the growth of the healthcare electronic data interchange (EDI) market in the above mentioned projected timeframe. Lack of awareness about healthcare EDI especially in developing economies along with integration between various HCIT solutions within the healthcare industry which will become the biggest and foremost challenge for the growth of the market.

This healthcare electronic data interchange (EDI) market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on healthcare electronic data interchange (EDI) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Healthcare Electronic Data Interchange (EDI) Market Scope and Market Size

Healthcare electronic data interchange (EDI) market is segmented on the basis of component, transaction type, delivery mode and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.

  • Based on component, the healthcare electronic data interchange (EDI) market is segmented into services, and solutions.
  • Healthcare electronic data interchange (EDI) market has also been segmented based on the end user into healthcare providers, healthcare payers, medical device and pharmaceutical industries, and pharmacies.
  • Based on transaction type, the healthcare electronic data interchange (EDI) market is segmented into claims management, and healthcare supply chain management. Claims management has been further segmented into claims submission, claim status, eligibility verification, payment remittance, referral certification and authorization, claim payments, and others.
  • On the basis of delivery mode, the healthcare electronic data interchange (EDI) market is segmented into web and cloud-based EDI, EDI van, point-to-point EDI, and mobile EDI.  

Healthcare Electronic Data Interchange (EDI) Market Country Level Analysis

Healthcare electronic data interchange (EDI) market is analysed and market size insights and trends are provided by country, component, transaction type, delivery mode and end user as referenced above.

The countries covered in the healthcare electronic data interchange (EDI) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the healthcare electronic data interchange (EDI) market due to the growing demand for advanced IT solutions in healthcare industry to streamline workflows in the region, while Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2021 to 2028 due to the increasing patient pool and growing need to manage large volume of patient data in the region.

The country section of the healthcare electronic data interchange (EDI) market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Healthcare Infrastructure growth Installed base and New Technology Penetration

Healthcare electronic data interchange (EDI) market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for healthcare electronic data interchange (EDI) market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the healthcare electronic data interchange (EDI) market. The data is available for historic period 2010 to 2019.

Competitive Landscape and Healthcare Electronic Data Interchange (EDI) Market Share Analysis

Healthcare electronic data interchange (EDI) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to healthcare electronic data interchange (EDI) market.

The major players covered in the healthcare electronic data interchange (EDI) market report are McKesson Corporation;    Optum, Inc.; Athenahealth; Allscripts Healthcare, LLC; NXGN Management, LLC; Experian plc; Cognizant; Cerner Corporation.; SYNNEX Corporation.; Dell; The SSI Group, LLC; Waystar Health.; Comarch SA.; Axway; PLEXIS Healthcare Systems; Archer Software; B2BGateway; DiCentral.; 123 EDI; Quadax, Inc.; among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.


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