Press release
Expanding Healthcare EDI Market: Riding on Growth Drivers and Tech Trends towards $8.95 Billion by 2029
Healthcare EDI Market
What Is The Projected Market Size Of The Global Healthcare EDI Market And Its Growth Rate?
o The healthcare EDI market, currently valued at $5.1 billion (2024), is projected to reach $5.63 billion in 2025 with a notable CAGR of 10.4%.
o The market is further expected to soar up to $8.95 billion by 2029, exhibiting a substantial CAGR of 12.3%.
o Factors such as telehealth expansion, data standardization, and data privacy and security aid the vibrant market growth.
What Is Driving The Growth In The Healthcare EDI Market?
Increased government support is a major driving force behind the growth of the healthcare EDI market. Use of EDI in healthcare enhances information sharing between various departments and branches in super-specialty hospitals, promoting efficiency and coordination. Growing government investments in the healthcare industry, such as the NHS's funding initiative of USD 164.71 million to promote digital adoption in healthcare, also help develop superior equipment and enhance services, leading to increased demand for healthcare EDI solutions.
Request a Free Sample Copy: https://www.thebusinessresearchcompany.com/sample.aspx?id=6129&type=smp
Who Are the Key Players Driving Healthcare EDI Market Growth?
o McKesson Corporation
o Optum Inc.
o Allscripts
o GE Healthcare
o Cognizant Technology Solutions India Pvt Ltd.
o Cerner Corporation
o Dell Technologies Inc.
o The SSI Group
o Tallan Inc.
o Quadax Inc.
o AthenaHealth
o MuleSoft LLC
o Boomi Inc.
o Change Healthcare Inc.
o Conduent Inc.
What Are The Key Trends In The Healthcare EDI Market?
Market trends that are fostering growth include:
o Interoperability standards
o Prior authorization automation
o Blockchain for secure data exchange
o Mobile EDI solutions
o AI for claim scrutiny
What Are The Segments Of The Global Healthcare EDI Market?
The healthcare EDI market can be segmented as follows:
o By Component: Software, Hardware, Services
o By Transaction: Claim Management, Healthcare Supply Chain, Other Transactions
o By Mode of Delivery: Mobile, VAN, Web and Cloud-based, Point-to-point
o By End User: Healthcare Provider, Payer, Pharmacies, Other End Users
Which Region Leads The Healthcare EDI Market?
North America dominated the healthcare EDI market in 2024 and the trend is projected to continue. On the other hand, Asia-Pacific is anticipated as the fastest-growing region in the upcoming years as it embraces advancements in healthcare technologies.
Pre-book the report for swift delivery: https://www.thebusinessresearchcompany.com/report/healthcare-edi-global-market-report
What Is Covered In The Healthcare EDI Market Global Market Report?
- Market Size Analysis: Analyze the Healthcare EDI Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Healthcare EDI Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Healthcare EDI Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Healthcare EDI Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
• LinkedIn: https://in.linkedin.com/company/the-business-research-company
• Twitter: https://twitter.com/tbrc_info
• YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
With over 15,000+ reports spanning 27 industries across 60+ geographies, The Business Research Company has earned a reputation for providing comprehensive, data-rich research and insights. Leveraging 1,500,000 datasets, proficient secondary research and unique industry-leader inputs, it avails all the necessary information to maintain a competitive edge. Our flagship product, the Global Market Model is an all-encompassing market intelligence platform that provides extensive and updated forecasts to support informed decision-making
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 Expanding Healthcare EDI Market: Riding on Growth Drivers and Tech Trends towards $8.95 Billion by 2029 here
News-ID: 3816313 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for EDI
Healthcare Edi Market Size Analysis by Application, Type, and Region: Forecast t …
USA, New Jersey- According to Market Research Intellect, the global Healthcare Edi market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The demand for safe and effective data exchange in the healthcare industry is driving consistent expansion in the Electronic Data Interchange (EDI) market. Healthcare…
Global Healthcare EDI Market
New Jersey, United States: In the recently published financial credit Healthcare EDI Market by Stratagem Markets Insights, market buildup will continue throughout the predicted time of 2021-2028. The report contains data in this area and the latest trends in the proclamation. An overview of key song aspects is summarized, subsequent to inflection as regards the leading markets, the highest demands, and applications of top key players. The append contains push…
Healthcare EDI Market: Opportunities and Challenges
The Global Healthcare EDI Market is valued at USD 2.56 billion in 2017 and is expected to reach to USD 3.77 billion by 2022 growing at a CAGR of 8.1% during the forecast period (2017 to 2022), as per a report by MarketsandMarkets.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=130571438
Why increase in outsourcing of EDI services presents an opportunity?
EDI outsourcing is the process of having a third party manage a part or the…
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,…
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…
