Healthcare Electronic Data Interchange (EDI) Market - Expected to Reach $5.9 Billion by 2025

The global healthcare EDI market is anticipated to reach USD 5.9 billion by 2025. The market is expected to witness a CAGR of 9.4% over the forecast period, owing to increasing government support for healthcare IT coupled with surge in number of end-users and increasing adoption of EDI.

The global healthcare EDI market is anticipated to reach USD 5.9 billion by 2025. The market is expected to witness a CAGR of 9.4% over the forecast period, owing to increasing government support for healthcare IT coupled with surge in number of end-users and increasing adoption of EDI.

In 2010, the ObamaCare Act (the Affordable Care Act) was passed in the U.S., which mandated the use of enrolled/dis-enrolled transactions between the payers and providers in the U.S. Implementation of favorable policy such as Health Insurance Portability & Accountability Act (HIPAA) to provide data privacy and security provisions to protect medical information is anticipated to propel the market growth. Increasing government funding for the EDI-Special Project congressional grants is befitting hospitals and non-profit organization, thereby expected to foster the market growth.

A surge in number of end-users such as payers, providers, pharmaceutical & medical device industries, and others are anticipated to fuel the demand of the EDI services or solutions during the market period. The healthcare payers use EDI for the evaluation of insurance claims before their payment settlement, prevention & detection of fraudulent claims to provide rapid services through collaborating with providers in order to gain a competitive advantage.

Further Key Findings From The Study Suggest:

Companies Mentioned

Key Topics Covered:

Chapter 1 Research Methodology

Chapter 2 Executive Summary

Chapter 3 Healthcare EDI Market Variables, Trends & Scope

Chapter 4 Healthcare EDI Market: Component Estimates & Trend Analysis

Chapter 5 Healthcare EDI Market: Delivery Mode Estimates & Trend Analysis

Chapter 6 Healthcare EDI Market: End-use Estimates & Trend Analysis

Chapter 7 Healthcare EDI Market: Regional Estimates & Trend Analysis, by Component, Delivery Mode and End-use

Chapter 8 Competitive Landscape

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