Healthcare electronic data interchange (EDI) market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to USD 7,543.67 million by 2028 growing at a CAGR of 9.09% in the above-mentioned forecast period. The growing awareness amongst the physicians and patients regarding the benefits of healthcare electronic data interchange (EDI) which will further create lucrative opportunities for the growth of the market.
Healthcare electronic data interchange (EDI) is a standardised way to share data that provides a secure electronic exchange of data between healthcare agencies, care providers, patients, and others. It offers data processing and healthcare claims processing with security and performance.
Surging volume of patients suffering from chronic diseases, rising need of efficient management required for healthcare claims, prevalence of favourable regulations for transaction processes, increasing adoption of healthcare EDI in various healthcare facilities and growing patient pool, development of web-based EDI that provides functionality such as data integrity and authentication, rising need to curtail healthcare costs are some of the major as well as vital factors which will likely to augment the growth of the healthcare electronic data interchange (EDI) market in the projected timeframe of 2021-2028. On the other hand, introduction of ICD-11 guidelines along with increase in outsourcing of EDI services which will further contribute by generating massive opportunities that will lead to the growth of the healthcare electronic data interchange (EDI) market in the above mentioned projected timeframe.
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Market Analysis and Insights: Global Healthcare Electronic Data Interchange (EDI) Market:
Increasing concern regarding data security along with high implementation cost of EDI software which will likely to act as market restraints factor for the growth of the healthcare electronic data interchange (EDI) market in the above mentioned projected timeframe. Lack of awareness about healthcare EDI especially in developing economies along with integration between various HCIT solutions within the healthcare industry which will become the biggest and foremost challenge for the growth of the market.
This healthcare electronic data interchange (EDI) market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on healthcare electronic data interchange (EDI) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Healthcare Electronic Data Interchange (EDI) Market Scope and Market Size
Healthcare electronic data interchange (EDI) market is segmented on the basis of component, transaction type, delivery mode and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
· Based on component, the healthcare electronic data interchange (EDI) market is segmented into services, and solutions.
· Healthcare electronic data interchange (EDI) market has also been segmented based on the end user into healthcare providers, healthcare payers, medical device and pharmaceutical industries, and pharmacies.
· Based on transaction type, the healthcare electronic data interchange (EDI) market is segmented into claims management, and healthcare supply chain management. Claims management has been further segmented into claims submission, claim status, eligibility verification, payment remittance, referral certification and authorization, claim payments, and others.
Table of Contents: Global Healthcare Electronic Data Interchange (EDI) Market
1 Introduction
2 Market Segmentation
3 Executive Summary
4 Premium Insight
5 Market Overview
6 Covid-19 Impact on Healthcare Electronic Data Interchange (EDI) in Healthcare Industry
7 Global Healthcare Electronic Data Interchange (EDI) Market, by Product Type
8 Global Healthcare Electronic Data Interchange (EDI) Market, by Modality
9 Global Healthcare Electronic Data Interchange (EDI) Market, by Type
10 Global Healthcare Electronic Data Interchange (EDI) Market, by Mode
11 Global Healthcare Electronic Data Interchange (EDI) Market, by End User
12 Global Healthcare Electronic Data Interchange (EDI) Market, by Geography
13 Global Healthcare Electronic Data Interchange (EDI) Market, Company Landscape
14 Swot Analysis
15 Company Profiles
16 Questionnaire
17 Related Reports
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