openPR Logo
Press release

Global Healthcare Electronic Data Interchange Market || GE Healthcare, Inc., McKesson Corporation, Allscripts Healthcare Solutions, Inc., Cognizant Technology Corporation, SSI Group LLC, Cerner Corporation, Comarch SA, Axway Software SA Optum, Inc.

03-03-2021 11:02 AM CET | Health & Medicine

Press release from: Prophecy Market Insights

Prophecy Market Insights

Prophecy Market Insights

The report "Global Healthcare Electronic Data Interchange Market, By Delivery Mode (Web & Cloud-based EDI, Mobile EDI, EDI Value Added Network, and Direct EDI), By Transaction Type (Claims Management and Healthcare Supply Chain), By End-User (Healthcare Providers, Healthcare Payers, Pharmacies, and Medical Device & Pharmaceutical Industries), and Region - Global Forecast to 2029" Global healthcare electronic data interchange market is projected to grow from US$ 3.7 billion in 2020 to US$ 8.0 billion by 2029. Growing government support for various healthcare facilities coupled, with rising patient pool especially in developed economies are key factors driving growth of the global healthcare electronic data interchange market. In addition, pharmaceutical companies are growing adoption and benefits of EDI software such as cost savings, faster processing, standardization, improved productivity, and funding policies. These factors are expected to fuel growth of the global market over the forecast period. Moreover, enhancement in web-based EDI that provides functionality such as data integrity and authentication is another factor expected to boost growth of the global market over the forecast period. Technological advancements in healthcare EDI is expected to create major opportunities for the global healthcare electronic data interchange market growth over the forecast period.

Download Free sample copy of this report @ https://www.prophecymarketinsights.com/market_insight/Insight/request-sample/968

Key Highlights:

On June 2019, GE Healthcare has introduced it’s first-ever MRI technology for patients in most remote region to help the Norton Sound Health Corporation (NSHC)
On June 2019, Cognizant has announced an agreement to acquire Zenith Technologies which is a privately-held life sciences manufacturing technology services company. Zenith Technologies allows implementation of digital technologies to control, manage, and optimize drug and medical device production for maximum operational efficiency and regulatory compliance.
Key Market Insights from the report:

The global healthcare electronic data interchange market accounted for US$ 3.7 billion in 2020 and is projected to register a moderate CAGR of 4.0% over the forecast period. The market report has been segmented on the basis of delivery mode, transaction type, end-user and region.

By delivery mode, the global healthcare electronic data interchange market is segmented into web & cloud-based EDI, mobile EDI, EDI value added network (VAN), and direct EDI. The web & cloud-based EDI segment delivery mode segment is considered to occupy a significant share owing, to the non-requirement of software installations and low cost of web and cloud-based EDI.
By transaction type, the global healthcare electronic data interchange market is bifurcated into claims management and healthcare supply chain.
By end-user, the global healthcare electronic data interchange market is categorized into healthcare providers, healthcare payers, pharmacies, and medical device & pharmaceutical industries. The healthcare payer’s end-user segment is considered to occupy the highest global market share, owing to rising adoption of EDI by the clinicians and physicians for financial management.
By region, the global market in North America is expected to account for largest share in terms of revenue and is expected to maintain its dominance over the forecast period. This dominance can be attributed in healthcare industry to streamline workflows, owing to increasing demand for advanced IT solutions in countries in the region. The global market in Europe is expected to account for second-highest share in terms of revenue, owing to increasing government investment and initiatives for development of healthcare industry in the region. Moreover, the global market in Asia Pacific is expected to register significant growth over the forecast period, owing to increasing patient pool and growing need to manage large volume of patient data in China, Japan, and India.
Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on " Global Healthcare Electronic Data Interchange Market”, By Delivery Mode (Web & Cloud-based EDI, Mobile EDI, EDI Value Added Network, and Direct EDI), By Transaction Type (Claims Management and Healthcare Supply Chain), By End-User (Healthcare Providers, Healthcare Payers, Pharmacies, and Medical Device & Pharmaceutical Industries), and by Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa)- forecast till 2029

To know the upcoming trends and insights prevalent in this market, click the link below:

https://prophecymarketinsights.com/market_insight/Global-Healthcare-Electronic-Data-Interchange-968

The prominent player operating in the global healthcare electronic data interchange market includes GE Healthcare, Inc., McKesson Corporation, Allscripts Healthcare Solutions, Inc., Cognizant Technology Corporation, SSI Group LLC, Cerner Corporation, Comarch SA, Axway Software SA Optum, Inc., and Dell Technologies, Inc.

Contact Us:
Mr Alex (Sales Manager)
Prophecy Market Insights
Phone: +91 777 504 9802
+1 860 531 2701
Email: sales@prophecymarketinsights.com

About us:
Prophecy is a specialized market research, analytics, marketing and business strategy, and solutions company that offer strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high value opportunities in the target business area. Also, we help our client to address business challenges and provide best possible solutions to overcome them and transform their business.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Healthcare Electronic Data Interchange Market || GE Healthcare, Inc., McKesson Corporation, Allscripts Healthcare Solutions, Inc., Cognizant Technology Corporation, SSI Group LLC, Cerner Corporation, Comarch SA, Axway Software SA Optum, Inc. here

News-ID: 2251350 • Views: 728

More Releases from Prophecy Market Insights

Global Cancer ALK Inhibitor Market || Keyplayers Takeda Pharmaceutical Co. Ltd., …
The Global Cancer ALK Inhibitor Market accounted for US$ 2.96 million in 2020 and is estimated to be US$ 23.1 million by 2030 and is anticipated to register a CAGR of 20%. ALK inhibitors are anti-cancer drugs that acts on tumors with variations of anaplastic lymphoma kinase such as EML4-ALK translocation and falls in the category of tyrosine kinase inhibitors, which work by inhibiting proteins involved in abnormal growth of
Global Cell and Gene Therapy Market worth US$ 1.8 billion 2019 with a CAGR of 35 …
The report "Global Cell and Gene Therapy Market, By Products (Cell Therapy, and Gene Therapy), By Distribution Channel Type (Oncology, Dermatology, Musculoskeletal, and Others), By End-Users (Hospitals, Wound Care Centers, Cancer Care Centers, Ambulatory Surgical Centers, and Others), and Region - Global Forecast to 2030" global cell and gene therapy market is projected to grow from US$ 1.8 billion in 2019. The major factor driving the global cell and gene
Global Food Flavor Market is estimated to be US$ 27.7 Bn by 2030 with a CAGR of …
The significant growth of the food flavor market is increasing due to consumer gaining interest towards purchasing clean label goods, which offers wide scope for sources with natural ingredients. Interest in ethnic or exotic flavors is one of the key drivers of the food flavor market. The report "Global Food Flavor Market, By Form (Liquid, Dry, Gas), By Type (Natural, Synthetic), By Flavor Ingredients (Alcoholic Note Flavor, Cocoa, Berries, coffee, citrus,
Global Jaundice Meter Market–Analysis and Demand with Forecast Overview to 203 …
The global jaundice meter market accounted for US$ 85 million in 2020 and is estimated to be US$ 108.3 million by 2030 and is anticipated to register a CAGR of 2.5%. The report "Global Jaundice Meter Market, By Type (Portable, and Bench-top), By Application (Hospital, and Home), and By Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) - Trends, Analysis and Forecast till 2030”. Key Highlights: In

All 5 Releases


More Releases for EDI

Global Healthcare EDI Market – Forecasts to 2026
The research undertaken by GME showed that, during the forecast period, the Global Healthcare EDI Market is expected to grow at a CAGR of 7.2 percent. The increasing awareness and cost-effectiveness of EDI have helped the Healthcare EDI market grow. Moreover, the growing acceptance of electronic submission of claims is also accelerating the growth of the industry. Browse 149 Market Data Tables and 95 Figures spread through 181 Pages and in-depth
Electronic Data Interchange (EDI) Market - Increase In Requirement of EDI In Sma …
Electronic data interchange (EDI) refers to transaction of business documents in a standard electronic format between business partners. For instance, common documents that are exchanged with the help of EDI are invoices, advance ship notices, and purchase orders. However, there are several other documents such as inventory documents, bill of lading, customs documents, payment documents, and shipping status documents. Electronic data interchange helps organizations to standardize the interchange of data
Healthcare EDI Market - Size, Share, Outlook
Increasing digitization and paperless office is enhancing the growth of healthcare EDI market. Conventionally, data transfer was subjected to paper-based communication, increasing the chance of human error and making the workflow cumbersome. Henceforth, EDI is an essential component for creating administrative efficiencies by reducing time and significant cost saving. The healthcare industry explored EDI to address the challenges of reducing healthcare cost and replacing paper-based transaction with standard electronic transaction. Moreover,
Healthcare EDI Industry Analysis, Market Size, Trends, Status and Forecast 2022 …
The Global Healthcare EDI Market has been comprehensively detailed in the report with special focus on a range of key elements such as market share, forecast and base figures, CAGR, driving factors, growth restraints, and business opportunities. Buyers of the report are expected to be informed about significant improvements in the market and its future outlook. This could help them to take intelligent decisions when operating in the business. In
POOL4TOOL Founds Subsidiary Focused on EDI
Vienna | Haid, October 15, 2013 – POOL4TOOL responds to the increasing demand for EDI connections to the supply base portal. The solution provider has founded the subsidiary “POOL4TOOL EDI powered by GDP”, in order to efficiently connect as many suppliers as possible in the future. Together with Global Digital Post (GDP), POOL4TOOL is planning additional support measures for businesses. POOL4TOOL, a solutions provider for purchasing optimization, is working together with
Cloud EDI Provider Creates Customer Advisory Group for Retail EDI Needs
Web EDI Provider Beacon EDI, Inc will connect with suppliers of retailers who are being forced to become EDI compliant. Alex Perlin, co-founder of Beacon EDI, is excited to announce that the EDI solutions currently in development will be improved with a customer advisory group. He hopes that the input from the group will help enhance the usability of the cloud EDI solution and report the findings to the