Global Healthcare Electronic Data Interchange Market Outlook, Opportunities And Strategies – Includes Healthcare Electronic Data Interchange Market Analysis
Learn about the global healthcare electronic data interchange market through The Business Research Company, which provides information on healthcare electronic data interchange market size, healthcare electronic data interchange market drivers and restraints, healthcare electronic data interchange market players, the COVID-19 impact on the healthcare electronic data interchange market, and more.
The global healthcare electronic data interchange market is expected to grow from $3.77 billion in 2021 to $4.19 billion in 2022 at a compound annual growth rate (CAGR) of 11.1%. The global healthcare electronic data interchange market size is expected to reach $6.12 billion in 2026 at a CAGR of 9.9%.
The increasing demand for electronic data interchange (EDI) in the healthcare industry is expected to propel the growth of the healthcare electronic data interchange market going forward.
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The healthcare electronic data interchange market consists of the sale of electronic data interchange services by entities (manufacturers, sole traders, and partnerships) used to transfer healthcare data securely to lower administrative costs, minimise claim errors, and boost productivity. Healthcare electronic data interchange refers to a secure method of exchanging data between healthcare institutions, insurers, and patients using standardized message formats and standards.
Global Healthcare Electronic Data Interchange Market Segments Include:
By Component: Services, Solution
By Delivery Mode: Web and Cloud-based EDI, EDI Value Added Network (VAN), Direct (Point-to-Point) EDI, Mobile EDI
By End-Use: Healthcare Payers, Healthcare Providers, Pharmaceutical and Medical Device Industries, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global healthcare electronic data interchange market in 2021.
The incorporation of advanced technologies into EDI systems is expected to be a key trend in the healthcare electronic data interchange market. Major companies are integrating EDI solutions with new technologies such as APIs, AI, and Blockchain. Advanced technologies increase the agility and connectivity of EDI solutions, which further saves cost and time.
TBRC’s healthcare electronic data interchange market report covers:
Major Market Players: McKesson Corporation, Optum Inc, Allscripts Healthcare Solutions Inc., Athenahealth Inc, NextGen Healthcare Inc, Experian plc, Cognizant Technology Solutions, Cerner Corporation, Synnex Corporation, The SSI Group LLC, Waystar Health, Comarch SA, Axway Software, PLEXIS Healthcare Systems Inc, Archer Software, TrueCommerce B2BGateway, DiCentral Corporation, 123 EDI, and Quadax Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Healthcare Electronic Data Interchange Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides healthcare electronic data interchange market overviews, analyzes and forecasts market size, share, healthcare electronic data interchange market players, healthcare electronic data interchange market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s healthcare electronic data interchange market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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