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Research report explores the healthcare EDI market forecast

Research report explores the healthcare EDI market forecast

Healthcare EDI Market to define, describe, and forecast the global healthcare electronic data interchange (EDI) market on the basis of component, delivery mode, transaction type, end user, and region. On the basis of component, the services segment accounted for the largest share of the global healthcare EDI market. Based on delivery mode, the web & cloud-based EDI segment accounted for the largest share of this market.

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The global healthcare EDI market is expected to grow at a CAGR of 8.1% from 2017 to 2022, healthcare EDI market size to reach USD 3.77 billion by 2022. 

North America held the largest share of the global healthcare EDI market in 2016. On the other hand, the Asia-Pacific region is expected to witness the highest CAGR during the forecast period, owing to the growing need to manage large volume of patient data, need to curb healthcare costs, implementation of HCIT programs, and investments & reforms to modernize the APAC healthcare system.

Inquire For Complete Report Copy of Healthcare EDI Market by Component (Solution, Service), Delivery Mode (Web & Cloud, Mobile) Transaction Type (Claims Management, Remittance, Payments, Healthcare Supply Chain), End User (Healthcare Provider, Payer, Pharmacies) - Global Forecast to 2022 at www.reportsnreports.com/contacts/i…aspx?name=283711

The growth of this market is driven by the rising need to reduce healthcare expenditure, the development of mandatory regulations for EDI transaction processes, and government support for HCIT implementation.

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However, data security and the high implementation cost of EDI software are expected to restrain the growth of this market to a certain extent during the forecast period.

On the basis of component, the services segment accounted for the largest share of the global healthcare EDI market. This is primarily attributed to the increasing complexity and scale of EDI solutions, as they require extensive training programs, and rise in outsourcing activities. 

Based on delivery mode, the web & cloud-based EDI segment accounted for the largest share of this market. The low cost of web and cloud-based EDI, non-requirement of software installations, compatibility with mobile devices, and high scalability

Target Audience:

  • Healthcare service providers
  • Healthcare service payers/insurance payers
  • Pharmaceutical and medical device companies
  • Healthcare EDI database and software providers
  • Healthcare EDI service providers
  • Venture capitalists
  • Government bodies
  • Business research and consulting firms

Geographically, the global healthcare EDI market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. In 2016, North America held the largest share of this market and this is primarily attributed to the increasing adoption of healthcare EDI in claims & supply chain management, growing number of HCIT companies, and favorable regulations. 

“Healthcare EDI Market” spread across 189 pages, profiling 25 companies and supported with 109 tables and 40 figures is now available at www.reportsnreports.com/contacts/d…aspx?name=283711

*Top 25 Companies Analysed for This Study are - Mckesson Corporation (U.S.), Ge Healthcare (U.S.), Allscripts Healthcare Solutions Inc. (U.S.), and Cognizant Technology Corporation (U.S.), the SSI Group, LLC (U.S.), Comarch Sa (Poland), Axway Software Sa (France), Amosoft, LLC (U.S.), and Zirmed Inc. (U.S.), Experian PLC (Ireland), B2bgateway (U.S.), Dicentral Corporation (U.S.), EDIcom International (Spain), 123 EDI (U.S.), Esker Sa (France), Healthasyst Pvt. Ltd. (India), Ebridge Connections (Canada), EDItel Group (Austria), Plexis Healthcare Systems, Inc. (U.S.), Quality Systems Inc. (U.S.), Synnex Corporation (U.S.), and Covalentworks, Lp (U.S.), Cerner Corporation (U.S.), Optum Inc. (U.S.), and Dell Technologies Inc. (U.S.) 

End of depth Key Point from Table of Content 

Global Healthcare EDI Market, By Component
Introduction
Services
Solutions 

Global Healthcare EDI Market, By Delivery Mode
Introduction
Web & Cloud-Based EDI
EDI Van
Point-To-Point EDI
Mobile EDI 

Global Healthcare EDI Market, By Transaction Type
Introduction
Claims Management
Claims Submission
Claim Status
Eligibility Verification
Claim Payment
Referral Certification & Authorization 

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