Global Healthcare Electronic Data Interchange (EDI) Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

MarketResearch.biz delivers in-depth insights on the global healthcare electronic data interchange market in its upcoming report titled, “Global Healthcare Electronic Data Interchange Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global healthcare electronic data interchange market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global healthcare electronic data interchange market report has been segmented on the basis of delivery mode, transaction type, end user, and region.

Healthcare Electronic Data Interchange (H-EDI) is used to manage patient data, such as patient history records, emergency services records, and medication data in the healthcare industry. Healthcare EDI helps healthcare professionals in managing massive data in an efficient, systematic, and easily accessible manner.

Increasing adoption of healthcare EDI in various healthcare facilities and growing patient pool especially, in developed economies are key factors driving growth of the global electronic data interchange market. In addition, technological advancements in healthcare EDI is another factor expected to fuel growth of the global market over the forecast period. Moreover, development of web-based EDI that provides functionality such as data integrity and authentication is also another factor expected to propel growth of the global market over the forecast period.

However, concerns related to data security is a major factor restraining growth of the global healthcare electronic data interchange market. In addition, high costs associated with deployment of healthcare electronic data interchange and lack of awareness about healthcare EDI especially in developing economies are some other factors expected to hamper growth of the global market over the forecast period.

The market in North America is expected to account for highest share in terms of revenue and is expected to maintain its dominance over the forecast period. This dominance can be attributed to growing demand for advanced IT solutions in healthcare industry to streamline workflows in countries in the region. The market in the Europe is expected to account for second-highest share in terms of revenue, owing to increasing government investment and initiatives for development of healthcare industry in the region. Moreover, the market in Asia Pacific is expected to register significant growth in the target market over the forecast period, owing to increasing patient pool and growing need to manage large volume of patient data in emerging economies such as China, Japan, and India.

Global healthcare electronic data interchange (EDI) market segmentation:

By Delivery Mode:

• Web and Cloud-based EDI
• Mobile EDI
• EDI Value Added Network (VAN)
• Direct (Point-to-Point) EDI

By Transaction Type:

• Claims Management
• Healthcare Supply Chain

By End User:

• Healthcare Providers
• Healthcare Payers
• Pharmacies
• Medical Device & Pharmaceutical Industries

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa