Healthcare EDI Market Analysis Report Forecast to 2026

The Healthcare EDI Market is expected to grow from USD 3.19 billion in 2019 to USD 5.68 billion by 2026 at a CAGR of 8.58% from 2020 to 2026.

Healthcare electronic data interchange supports to manage the patient”s medical history, the medication data, and the emergency services record, which are measured as critical data in the healthcare sector. Some of the important applications of healthcare EDI systems are insurance & reimbursement data management, medical & dental patient database management, and clinical trials & regulatory data management. Management of data like patient history records, emergency services records, and medication data is of critical importance in the healthcare industry. Healthcare professionals are allowing systems that are capable of managing massive data in an efficient, systematic, and easily accessible manner. As an effect, electronic data interchange is being applied across all sub-divisions of the industry. Some of the key applications of healthcare EDI systems are medical and dental patient database management, insurance and reimbursement data management, and clinical trials and regulatory data management. Their common modes of delivery include VAN, P2P, mobile, and cloud. The global market is segregated on the basis of Transaction Type as Healthcare Supply Chain and Claims Management. Based on End User the global market is segmented in Medical Device & Pharmaceutical Industries, Pharmacies, Healthcare Payers, and Healthcare Providers. Based on Delivery Mode the global market is segmented in Point-To-Point Edi, Mobile Edi, Web & Cloud-Based Edi, and Edi Van. Based on Component, the global market is segmented in Solutions and Services.

The global market report provides geographical analysis covering regions, such as Europe, North America, Asia Pacific, and the Rest of The World. The market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

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The global Healthcare EDI market has been segmented as below:

By Transaction Type

• Healthcare Supply Chain

• Claims Management

• Claims Submission

• Claim Status

• Eligibility Verification

• Payment Remittance

• Referral Certification & Authorization

• Claim Payments

• Others

By End-User

• Medical Device & Pharmaceutical Industries

• Pharmacies

• Healthcare Payers

• Healthcare Providers

By Delivery Mode

• Point-To-Point Edi

• Mobile Edi

• Web & Cloud-Based Edi

• Edi Van

By Component

• Solutions

• Services

By Region

• Europe

• North America

• Asia Pacific

• Rest of The World

Competitive Rivalry

Orchard Software Corporation, Sunquest Information Systems, Inc, Cerner Corporation, Computer Programs and Systems, Inc. (CPSI), Compugroup Medical AG, Meditech, SCC Soft Computer, EPIC Systems Corporation, Comp Pro Med, Inc., Schuyler House, and others are among the major players in the market. The companies studied in terms of product strategy and various n several growths and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.

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