Healthcare electronic data interchange (EDI) helps to manage the patient's medical history, the medication data, and the emergency services record, which are considered as critical data in the healthcare sector. Some of the significant applications of healthcare EDI systems are insurance & reimbursement data management, medical & dental patient database management, and clinical trials & regulatory data management.
MARKET DYNAMICS
Regulations for transaction processes, increasing the need to curtail healthcare costs and government support for healthcare information technology (HCIT) is expected to drive the growth of the healthcare electronic data interchange market. Moreover, the increase in outsourcing of EDI services and introduction of new guidelines to implement EDI solutions are expected to offer significant opportunities for the growth of healthcare EDI market during the forecast period.
MARKET SCOPE
The "Global Healthcare EDI Market Analysis to 2028" is a specialized and in-depth study of the healthcare EDI industry with a focus on the global market trend. The report aims to provide an overview of global healthcare EDI market with detailed market segmentation by component, delivery mode, transaction type, end user, and geography. The global healthcare EDI market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The healthcare EDI market is segmented based on component as, solutions and services. On the basis of delivery mode, healthcare EDI market is segmented into on-premise delivery mode and web & cloud-based delivery mode. On the basis of transaction type, healthcare EDI market is segmented into claims management and healthcare supply chain. Claims management segment is further sub-segmented into claim status, claims submission, eligibility verification, claim payment, and other EDI transaction. Based on the end user the market is segmented as healthcare payers, healthcare providers, medical device and pharmaceutical companies, and pharmacies.