Press release
Healthcare EDI Market 2023 - Trends, Size, Share and Future Scope
Explore Report at: www.psmarketresearch.com/market-analysis/healthcare-edi-market
On the basis of component, the global healthcare EDI market is segmented into services and solutions. Services held larger share of the global healthcare EDI market in 2016, mainly due to rise in outsourcing activities and complexities in EDI solutions. Complexities in the EDI solutions prompt the end users to adopt these services for proper understanding and ease of use of healthcare EDI. Based on delivery mode, the web & cloud-based EDI was the largest contributor in the global healthcare EDI market in 2016. The factors such as high scalability, low cost, mobile devices compatibility, and no requirements of software installation are driving the growth of the segment. Based on type of transaction, claims management registered the largest share in 2016, mainly due to increasing prevalence of chronic and lifestyle associated diseases.
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The key trend witnessed in the global healthcare EDI market is increasing number of research and development activities. With the rising prevalence of adoption of advanced technology in the healthcare market, the key players are investing more on the research and development on healthcare EDI, for the growth of the global healthcare EDI market. Additionally, increasing use of EDI in healthcare manufacturing and distribution industry and growing focus on integration platform as a service (IPAAS) are major trends observed in the global healthcare EDI market. The increase in outsourcing of EDI services and introduction of ICD-11 guidelines are creating ample opportunities for the growth of the global healthcare EDI market.
Some of the key players in the global healthcare EDI market are GE Healthcare, Cognizant Technology Corporation, Cerner Corporation, Axway Software SA, Dell Technologies Inc., Synnex Corporation, McKesson Corporation, Allscripts Healthcare Solutions Inc., SSI Group, LLC, Comarch SA, Optum Inc., and Quality Systems Inc.
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