Global Healthcare Electronic Data Interchange (EDI) Market Analysis & Trends - Industry Forecast to 2030
The Global Healthcare Electronic Data Interchange (EDI) Market is poised to grow at a CAGR of around 11.1% over the next decade to reach approximately $9.8 billion by 2030. Some of the prominent trends that the market is witnessing include demand for digitization and automation of documents and transactions, surge in technological innovations in electronic data interchange (EDI), and growing demand for scalability and reliability of EDI solutions.
Based on transaction type, the market is bifurcated into claims management, and healthcare supply chain. Claims management is further segmented into claim attachments, claim payment, claim status & response, claim submission, eligibility inquiry, eligibility verification, encounters, enrolment/disenrollment transactions, payment & remittance advance, premium payments, and referral certification and authorization.
By mode of delivery, the market is fragmented into EDI (electronic data interchange) outsourcing, EDI (electronic data interchange) value added network (VAN)/EDI (electronic data interchange) network services providers, EDI (electronic data interchange) via AS2 (applicability statement), EDI (electronic data interchange) via FTP (file transfer protocol)/VPN (virtual private networks), SFTP (SSH file transfer protocol), FTPS (file transfer protocol), mobile EDI (electronic data interchange), on premise, point-to-point (direct) EDI (electronic data interchange), web & cloud based EDI (electronic data interchange).
With respect to component, the market is segmented into hardware, services, software, and solutions. Services are sub segmented into in-house, and providers.
With respect to product type, the market is segregated into stand-alone systems, and integrated systems.
On the basis of end user, the market is bifurcated into healthcare providers (hospitals), healthcare payers, medical device & accessories suppliers/pharmaceutical industries, pharmacies, healthcare institutions, private healthcare providers. Healthcare payers are further segmented into government/public payers (medicare and medicaid), and private payers. Private payers are sub segmented into private practitioner transaction, and hospital transaction.
This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2022, 2023 revenue estimations are presented for 2024 and forecasts from 2025 till 2030. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.
The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.
This report provides data tables, includes charts and graphs for visual analysis.
Regional Analysis:
North America
- US
- Canada
- Mexico
Europe
- France
- Germany
- Italy
- Spain
- UK
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- New Zealand
- Rest of Asia Pacific
Middle East
- Saudi Arabia
- UAE
- Rest of Middle East
Latin America
- Argentina
- Brazil
- Rest of Latin America
Rest of the World
- South Africa
- Others
Report Highlights:
- The report provides a detailed analysis on current and future market trends to identify the investment opportunities
- Market forecasts till 2030, using estimated market values as the base numbers
- Key market trends across the business segments, Regions and Countries
- Key developments and strategies observed in the market
- Market Dynamics such as Drivers, Restraints, Opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2030
- Market opportunities and recommendations for new investments.