Press release
Global Healthcare Electronic Data Interchange (edi) Market is anticipated to shoot off by the end of 2022 :Top keyplayers are Microsoft Corporation, IBM Corporation, Oracle Corporation, Accenture Corporation, Tableau Software, Siemens Healthcare
In today's world, with the coming up of better healthcare facilities and expansion of the healthcare market with the entry of numerous players, the consumers now have many options to choose the healthcare services based on their perception as well as reputation regarding the key strengths of the respective service providers. Now, due to the entry of players providing a large number of services under the same roof, there is a need for better exchange of data in terms of speed, security, and reliability as these help in reducing the costs and make them less time-consuming for the consumers too. This is solved by the growing electronic data interchange market which is being implemented by most of the healthcare services today.
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End-User/Technology
The end users are mainly the hospitals which need a more efficient manner of maintaining data for the patients as they are moving towards ensuring the customers hassle-free and less time-consuming services.
The major technologies used in this space are web-based EDI, extensible markup language (XML), direct(point-to-point ) EDI, cloud-based EDI, EDI over VAN(Value Added Network), Secure File Transfer Protocol and so on.
Market Dynamics
Due to the expansion of healthcare infrastructure as well as the population, it is becoming cumbersome to use the conventional methods of maintaining hard copies of important files. Also, they face major issues while transferring and also have security risks associated with it. The service providers are moving towards EDI to ease the process of managing such large amount of data and hence, the scope for the further growth of this market is expected to show positive signs in the near future.
Market Segmentation
The market can be segmented on the basis of the functions performed by the respective tools, the technology that is used for performing these functions such as cloud-based business intelligence, traditional business intelligence and so on. It is also segmented on the basis of the end user as the technologies are designed mainly on the basis of the respective requirements.
Finally, the market is segmented on the basis of geography, the demographics of the respective regions, to determine the level of existing healthcare infrastructure and hence determine the avenues of growth for this market.
Regional/Geographic Analysis
Currently, North America and Europe regions are dominating this field because of the higher level of existing infrastructure as compared to the global average. However, due to increase in the spending power of people in the developing countries and rapid expansion of healthcare infrastructure, especially in the Asia Pacific region, there is a huge scope for the growth of this markets in many new markets.
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Opportunities
The increasing prevalence of newer diseases leading to further expansion of the healthcare field and infrastructure is expected to create better opportunities for this market as the world move towards the target of a hassle-free and affordable healthcare system.
Key Players
Some prominent players in this market are Microsoft Corporation, IBM Corporation, Oracle Corporation, Accenture Corporation, Tableau Software, Siemens Healthcare and so on.
Report Contents Regional Analysis Report Highlights
Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market - Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players
North America
US and Canada
Latin America
Mexico, Brazil, Argentina and Rest of Latin America
Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe
Eastern Europe
Russia
Poland
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
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Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage
About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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