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Healthcare EDI Market Report Scope & Overview:

Healthcare EDI Market Revenue Analysis

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The Healthcare EDI Market Size was valued at USD 4.5 Billion in 2023 and is expected to reach USD 10.2 Billion by 2032, growing at a CAGR of 9.6% over the forecast period 2024-2032.

The Healthcare Electronic Data Interchange (EDI) Market report provides an in-depth analysis of key trends shaping the industry. It covers transaction volume growth highlighting the increasing use of EDI in claims processing, patient records, and supply chain management. An in-depth examination of regulatory compliance trends discusses compliance with HIPAA, GDPR, and other regulations fueling EDI adoption. The report also includes cost savings and efficiency metrics that highlight the decreases in administrative expenditures, billing errors, as well as, reimbursement cycles. Insights into Integration with healthcare IT System insights evaluate the interoperability with EHR, revenue cycle management, and cloud-based platforms.

Market Dynamics

Drivers

  • Cloud-based EDI solutions are revolutionizing healthcare by reducing costs and offering remote access with enhanced security.

Electronic Data Interchange (EDI) solutions hosted on cloud infrastructure are changing the paradigm in healthcare, making cost-effective, safe, and easily accessible alternatives available as modes of data exchange. Cloud-based EDI has no requirement for significant hardware or infrastructure investment upfront, as is the case with conventional on-premise systems. With significantly lower capital expenditure, it becomes an attractive option for healthcare providers looking to maximize their costs. A notable example is TeleTracking's cloud-based software, which manages patient movements and hospital logistics. This system has helped automate processes like tracking patient flow, reducing waiting time, and improving bed turnover in the UK's National Health Service (NHS). The software, which is included with a total cost of about £100 per bed per month including installation and training, is a cost-effective measure to improving operational efficiency. A major benefit of cloud-based EDI is its ability to enable healthcare professionals to access mission-critical data remotely, allowing for rapid decision-making and collaboration from multiple locations. This remote access facility is highly effective in handling patient care, as well as working with other health care professionals.

Restraint

  • High implementation costs remain a barrier, especially for small healthcare providers, eating up significant budgets.

One of the most significant barriers to EDI system adoption in healthcare is the high implementation costs of an EDI system, especially for small and medium-sized providers. There are capital costs for early-stage EDI systems for software licensing, hardware, integration, and training. The U.S. Department of Health and Human Services (HHS) recently found that small healthcare practices may spend as much as 15% of their annual budget on IT infrastructure improvements such as EDI systems. The costs can also limit smaller providers from being able to invest in areas like patient care or facility improvements.

Additionally, maintaining these EDI systems entails continuous costs after initial implementation including updating, securing, and adapting to changes in the health IT regulations, policies, and technologies. A 2024 survey by the Healthcare Information and Management Systems Society (HIMSS) found that 62% of small healthcare providers reported challenges in securing funds for necessary IT upgrades, including EDI systems. Moreover, the lack of in-house IT expertise often forces smaller providers to rely on external consultants, further escalating costs. Increased worries about data breaches and regulations like HIPAA add to those expenses as well as the cost associated with implementing sophisticated security features.

Opportunity

  • The rise of IoT and blockchain integration offers new avenues for secure and efficient data exchange in healthcare EDI.

The integration of IoT and blockchain is changing the EDI in the healthcare landscape by enabling it to be more secure, versatile, and operationally efficient. Devices like medical sensors and wearable health monitors are a form of IoT that help with the real-time collection of patient data, facilitating continuous observation and timely medical interventions. Wearable technology, which is capable of providing real-time information about the health of the patient, is one such example, where the information is transmitted to the EDI systems of the healthcare providers and then analyzed accordingly and initiated response. Blockchain technology offers a natural complement by providing a secure, decentralized way of storing and sharing health information on a common ledger.

The combination of IoT and blockchain presents an ideal solution to transform healthcare data exchange over EDI frameworks, solving issues that have plagued the sector for years. While IoT cubicles procure information actually, blockchain furnishes affirmation of the information and permits the data to be divided just with the approved focuses in a scrambled way accordingly, giving confirmations about the protection of the patient and the trustworthiness of the data. This synergy not only streamlines data exchange processes but also enhances the overall quality of patient care by enabling timely and informed medical decisions.

Challenge

  • Rising data security and privacy concerns continue to challenge the widespread adoption of healthcare EDI systems.

The increasing adoption of Electronic Data Interchange (EDI) systems in healthcare has heightened concerns over data security and patient privacy. Recent events illustrate the risk characteristics of these systems. In September 2024, a hacker leaked data of more than 31 million customers of Star Health, which is India's biggest health insurer, by scraping the information using Telegram chatbots. Similarly, in February 2024, a cyberattack on Change Healthcare, a subsidiary of UnitedHealth Group, affected approximately 190 million individuals, exposing sensitive data such as insurance details and medical diagnoses. These breaches underscore the imperative that security in EDI systems needs to be as tight as ever to safeguard sensitive patient information. To mitigate these risks and make sure that the platform complies with data protection regulations, appropriate protection such as robust encryption, access controls, and periodic security audits should be implemented.

Segment Analysis

By Component

In 2023, the services segment held the highest share of revenue share 59% within the Healthcare EDI market. The increasing complexity of healthcare data management and the growing requirement for industry-specific EDI services underlies this dominance. This fast expansion of the healthcare industry is propelling the need for better EDI services to process more healthcare transactions quickly. The services segment includes consulting, implementation, and maintenance support services all of which aid the healthcare organizations to implement and adopt EDI systems. According to the U.S. Government Accountability Office, in 2021, 96% of hospitals and 78% of office-based physicians were using certified electronic health record (EHR) technology. In addition to this high EHR adoption rate, reliable EDI services are needed to provide interoperability between the different data exchange and healthcare systems.

Furthermore, the increasing transition to value-based care models, fueled by CMS initiatives, is causing care providers and payers to look for expert EDI services that will enable them with better data analytics and reporting. According to the CMS, In 2023, 13.2 million people were enrolled in a Medicare Advantage plan with a value-based payment arrangement, accounting for 48% of all people in Medicare Advantage plans. It highlights the ever-increasing need for EDI services to enable rapid data transmission and insights for value-based care etc.

By Delivery Mode

In 2023, the web and cloud-based EDI segment was leading the market, in terms of revenue, with a 45% share. The large market share is driven by the increasing adoption of cloud technologies within the healthcare industry and the numerous benefits offered by the Web & Cloud EDI solutions. A 97% of hospitals and 80% of office-based physicians used certified health IT, indicating a rapid movement towards digital health, according to the U.S. Department of Health and Human Services. Web and cloud-based EDI solution provides multiple advantages over on-premises EDI such as effective scalability, accessibility, and cost-effectiveness. According to the U.S. Department of Health and Human Services, telehealth utilization remained stable 38 times higher than the pre-pandemic baseline, which required strong cloud-based EDI systems to accommodate increased volumes of digital health transactions.

By End Use

Healthcare payers segment held, the largest revenue share of 37% in 2023. The domination is due to the increasing trend among healthcare payers for streamlining claims processing and minimizing administrative costs. The scale of this healthcare expenditure underlines just how important efficient EDI systems are for providers when it comes to managing claims and reimbursements amongst payers. From automating claims processing to minimizing errors, healthcare payers like insurance companies and government agencies are increasingly going for EDI solutions for better operational efficiency.

This is also boosting the demand among payers for sophisticated electronic data interchange (EDI) solutions as they transition to value-based care models, enabling better analytics and risk assessment. The CMS reported that in 2023, 13.2 million people were enrolled in Medicare Advantage plans with value-based payment arrangements, representing 48% of all Medicare Advantage enrollees. This highlights the increasing need for value-based care of healthcare payers which can exchange and analyze data using EDI systems.

Regional analysis

North America region dominated the market with the largest revenue 40% in 2023. This dominance is due to the advanced healthcare infrastructure, high adoption of healthcare IT solutions, and supportive government initiatives in this region. According to the U.S. Department of Health and Human Services, 97% of hospitals and 80% of office-based physicians used certified health IT in 2021, indicating a high level of digital maturity in the healthcare sector.

During the forecast period, the Asia-Pacific region is anticipated to register the highest CAGR. Some of the factors driving this rapid growth include the growth of healthcare expenditure across countries, growing awareness about the advantages of using EDI systems, and government initiatives towards digital health in countries such as China and India. Healthy China 2030, a strategic plan released by the government, includes the development of a smart healthcare system driven by information technology. The full coverage of electronic health records and the use of big data in healthcare will be achieved by 2030 under the plan. Likewise, India is also establishing its nationwide digital fraternity with the introduction of the National Digital Health Mission in 2020 which will be a major driver of the adoption of EDI solutions for health data.

 

Healthcare EDI Market By Region

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Key Players

Key Service Providers/Manufacturers

  • McKesson Corporation (US): (RelayHealth, McKesson EDI)

  • Optum (US): (Optum Intelligent EDI, Optum Claims Manager)

  • Allscripts Healthcare Solutions Inc. (US): (Allscripts Payerpath, Allscripts eAuth)

  • athenahealth (US): (athenaCollector, athenaEDI)

  • NextGen Healthcare (US): (NextGen Connect, NextGen EDI Solutions)

  • Cognizant Technology Corporation (US): (TriZetto Facets, TriZetto QNXT)

  • SSI Group, LLC (US): (ClickON EDI, ClickON Claims)

  • Cerner Corporation (US): (Cerner EDI Services, Cerner HealtheNet)

  • Comarch SA (Poland): (Comarch EDI, Comarch EDI Medical)

  • Axway Software SA (France): (Axway B2B Integration, Axway Healthcare EDI)

Key Users:

  • Kaiser Permanente

  • Mayo Clinic

  • Cleveland Clinic

  • Johns Hopkins Hospital

  • Cedars-Sinai Medical Center

  • UC Davis Medical Center

  • Partners HealthCare

  • Emory Healthcare

  • Baptist Health

  • Memorial Hermann Health System

Recent developments

  • In November 2023, qBotica Inc. made a strategic investment in Healthomation Inc. to further healthcare automation adoption by embedding Robotic Process Automation (RPA) and EDI efficiencies, thereby improving healthcare automation speed and accuracy.

  • In September 2023, Ontrak Health implemented the Axiom Systems TransSend Core EDI Gateway to automate and simplify EDI exchanges with trading partners, while maintaining compliance requirements.

Healthcare EDI Market Report Scope:

Report Attributes Details
Market Size in 2023 USD 4.5 Billion 
Market Size by 2032 USD 10.2 Billion 
CAGR CAGR of 9.6% From 2024 to 2032
Base Year 2023
Forecast Period 2024-2032
Historical Data 2020-2022
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Component (Services, Solutions)
• By Delivery Mode (Web and Cloud-based EDI, EDI Value Added Network (VAN), Direct (Point-to-Point) EDI, Mobile EDI)
• By End-Use (Healthcare Payers, Healthcare Providers, Pharmaceutical & Medical Device Industries, Others)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America)
Company Profiles McKesson Corporation, Optum, Allscripts Healthcare Solutions Inc., athenahealth, NextGen Healthcare, Cognizant Technology Corporation, SSI Group, LLC, Cerner Corporation, Comarch SA, Axway Software SA

Frequently Asked Questions

Ans. The projected market size for the Healthcare EDI Market is USD 10.2 Billion by 2032.

Ans: The North American region dominated the Healthcare EDI Market in 2023.

Ans. The CAGR of the Healthcare EDI Market is 9.8% During the forecast period of 2024-2032.

Ans:  

  • Cloud-based EDI solutions are revolutionizing healthcare by reducing costs and offering remote access with enhanced security.

Ans:  The major key players in the market are McKesson Corporation, Optum, Allscripts Healthcare Solutions Inc., athenahealth, NextGen Healthcare, Cognizant Technology Corporation, SSI Group, LLC, Cerner Corporation, Comarch SA, Axway Software SA, and others in the final report.

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope (Inclusion and Exclusions)

1.3 Research Assumptions

2. Executive Summary

2.1 Market Overview

2.2 Regional Synopsis

2.3 Competitive Summary

3. Research Methodology

3.1 Top-Down Approach

3.2 Bottom-up Approach

3.3. Data Validation

3.4 Primary Interviews

4. Market Dynamics Impact Analysis

4.1 Market Driving Factors Analysis

4.1.1 Drivers

4.1.2 Restraints

4.1.3 Opportunities

4.1.4 Challenges

4.2 PESTLE Analysis

4.3 Porter’s Five Forces Model

5. Statistical Insights and Trends Reporting

5.1 Transaction Volume and Growth (2020-2023)

5.2 Adoption Rates by Healthcare Segment (2023)

5.3 Regulatory Compliance Trends (2023, by Region)

5.4 Cost Savings and Efficiency Metrics (2023)

5.5 Integration with Healthcare IT Systems (2023)

6. Competitive Landscape

6.1 List of Major Companies, By Region

6.2 Market Share Analysis, By Region

6.3 Product Benchmarking

6.3.1 Product specifications and features

6.3.2 Pricing

6.4 Strategic Initiatives

6.4.1 Marketing and promotional activities

6.4.2 Distribution and Supply Chain Strategies

6.4.3 Expansion plans and new product launches

6.4.4 Strategic partnerships and collaborations

6.5 Technological Advancements

6.6 Market Positioning and Branding

7. Healthcare EDI Market Segmentation, By Component

7.1 Chapter Overview

7.2 Services

7.2.1 Services Market Trends Analysis (2020-2032)

7.2.2 Services Market Size Estimates and Forecasts to 2032 (USD Billion)

7.3 Solutions

7.3.1 Solutions Market Trends Analysis (2020-2032)

7.3.2 Solutions Market Size Estimates and Forecasts to 2032 (USD Billion)

8. Healthcare EDI Market Segmentation, By Delivery Mode

8.1 Chapter Overview

8.2 Web and Cloud-based EDI

8.2.1 Web and Cloud-based EDI Market Trends Analysis (2020-2032)

8.2.2 Web and Cloud-based EDI Market Size Estimates and Forecasts to 2032 (USD Billion)

8.3 EDI Value Added Network (VAN)

8.3.1 EDI Value Added Network (VAN) Market Trends Analysis (2020-2032)

8.3.2 EDI Value Added Network (VAN) Market Size Estimates and Forecasts to 2032 (USD Billion)

8.4 Direct (Point-to-Point) EDI

8.4.1 Direct (Point-to-Point) EDI Market Trends Analysis (2020-2032)

8.4.2 Direct (Point-to-Point) EDI Market Size Estimates and Forecasts to 2032 (USD Billion)

8.5 Mobile EDI

8.5.1 Mobile EDI Market Trends Analysis (2020-2032)

8.5.2 Mobile EDI Market Size Estimates and Forecasts to 2032 (USD Billion)

9. Healthcare EDI Market Segmentation, By End-Use

9.1 Chapter Overview

9.2 Healthcare Payers

9.2.1 Healthcare Payers Market Trends Analysis (2020-2032)

9.2.2 Healthcare Payers Market Size Estimates and Forecasts to 2032 (USD Billion)

9.3 Healthcare Providers

9.3.1 Healthcare Providers Market Trends Analysis (2020-2032)

9.3.2 Healthcare Providers Market Size Estimates and Forecasts to 2032 (USD Billion)

9.4 Pharmaceutical & Medical Device Industries

9.4.1 Pharmaceutical & Medical Device Industries Market Trends Analysis (2020-2032)

9.4.2 Pharmaceutical & Medical Device Industries Market Size Estimates and Forecasts to 2032 (USD Billion)

9.5 Others

9.5.1 Others Market Trends Analysis (2020-2032)

9.5.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)

10. Regional Analysis

10.1 Chapter Overview

10.2 North America

10.2.1 Trends Analysis

10.2.2 North America Healthcare EDI Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

10.2.3 North America Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)  

10.2.4 North America Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.2.5 North America Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.2.6 USA

10.2.6.1 USA Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)

10.2.6.2 USA Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.2.6.3 USA Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.2.7 Canada

10.2.7.1 Canada Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)

10.2.7.2 Canada Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.2.7.3 Canada Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.2.8 Mexico

10.2.8.1 Mexico Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)

10.2.8.2 Mexico Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.2.8.3 Mexico Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.3 Europe

10.3.1 Eastern Europe

10.3.1.1 Trends Analysis

10.3.1.2 Eastern Europe Healthcare EDI Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

10.3.1.3 Eastern Europe Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)  

10.3.1.4 Eastern Europe Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.3.1.5 Eastern Europe Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.3.1.6 Poland

10.3.1.6.1 Poland Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)

10.3.1.6.2 Poland Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.3.1.6.3 Poland Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.3.1.7 Romania

10.3.1.7.1 Romania Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)

10.3.1.7.2 Romania Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.3.1.7.3 Romania Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.3.1.8 Hungary

10.3.1.8.1 Hungary Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)

10.3.1.8.2 Hungary Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.3.1.8.3 Hungary Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.3.1.9 Turkey

10.3.1.9.1 Turkey Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)

10.3.1.9.2 Turkey Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.3.1.9.3 Turkey Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.3.1.10 Rest of Eastern Europe

10.3.1.10.1 Rest of Eastern Europe Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)

10.3.1.10.2 Rest of Eastern Europe Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.3.1.10.3 Rest of Eastern Europe Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.3.2 Western Europe

10.3.2.1 Trends Analysis

10.3.2.2 Western Europe Healthcare EDI Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

10.3.2.3 Western Europe Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)  

10.3.2.4 Western Europe Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.3.2.5 Western Europe Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.3.2.6 Germany

10.3.2.6.1 Germany Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)

10.3.2.6.2 Germany Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.3.2.6.3 Germany Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.3.2.7 France

10.3.2.7.1 France Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)

10.3.2.7.2 France Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.3.2.7.3 France Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.3.2.8 UK

10.3.2.8.1 UK Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)

10.3.2.8.2 UK Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.3.2.8.3 UK Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.3.2.9 Italy

10.3.2.9.1 Italy Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)

10.3.2.9.2 Italy Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.3.2.9.3 Italy Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.3.2.10 Spain

10.3.2.10.1 Spain Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)

10.3.2.10.2 Spain Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.3.2.10.3 Spain Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.3.2.11 Netherlands

10.3.2.11.1 Netherlands Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)

10.3.2.11.2 Netherlands Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.3.2.11.3 Netherlands Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.3.2.12 Switzerland

10.3.2.12.1 Switzerland Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)

10.3.2.12.2 Switzerland Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.3.2.12.3 Switzerland Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.3.2.13 Austria

10.3.2.13.1 Austria Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)

10.3.2.13.2 Austria Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.3.2.13.3 Austria Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.3.2.14 Rest of Western Europe

10.3.2.14.1 Rest of Western Europe Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)

10.3.2.14.2 Rest of Western Europe Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.3.2.14.3 Rest of Western Europe Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.4 Asia Pacific

10.4.1 Trends Analysis

10.4.2 Asia Pacific Healthcare EDI Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

10.4.3 Asia Pacific Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)  

10.4.4 Asia Pacific Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.4.5 Asia Pacific Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.4.6 China

10.4.6.1 China Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)

10.4.6.2 China Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.4.6.3 China Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.4.7 India

10.4.7.1 India Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)

10.4.7.2 India Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.4.7.3 India Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.4.8 Japan

10.4.8.1 Japan Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)

10.4.8.2 Japan Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.4.8.3 Japan Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.4.9 South Korea

10.4.9.1 South Korea Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)

10.4.9.2 South Korea Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.4.9.3 South Korea Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.4.10 Vietnam

10.4.10.1 Vietnam Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)

10.4.10.2 Vietnam Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.4.10.3 Vietnam Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.4.11 Singapore

10.4.11.1 Singapore Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)

10.4.11.2 Singapore Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.4.11.3 Singapore Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.4.12 Australia

10.4.12.1 Australia Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)

10.4.12.2 Australia Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.4.12.3 Australia Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.4.13 Rest of Asia Pacific

10.4.13.1 Rest of Asia Pacific Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)

10.4.13.2 Rest of Asia Pacific Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.4.13.3 Rest of Asia Pacific Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.5 Middle East and Africa

10.5.1 Middle East

10.5.1.1 Trends Analysis

10.5.1.2 Middle East Healthcare EDI Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

10.5.1.3 Middle East Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)  

10.5.1.4 Middle East Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.5.1.5 Middle East Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.5.1.6 UAE

10.5.1.6.1 UAE Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)

10.5.1.6.2 UAE Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.5.1.6.3 UAE Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.5.1.7 Egypt

10.5.1.7.1 Egypt Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)

10.5.1.7.2 Egypt Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.5.1.7.3 Egypt Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.5.1.8 Saudi Arabia

10.5.1.8.1 Saudi Arabia Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)

10.5.1.8.2 Saudi Arabia Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.5.1.8.3 Saudi Arabia Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.5.1.9 Qatar

10.5.1.9.1 Qatar Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)

10.5.1.9.2 Qatar Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.5.1.9.3 Qatar Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.5.1.10 Rest of Middle East

10.5.1.10.1 Rest of Middle East Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)

10.5.1.10.2 Rest of Middle East Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.5.1.10.3 Rest of Middle East Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.5.2 Africa

10.5.2.1 Trends Analysis

10.5.2.2 Africa Healthcare EDI Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

10.5.2.3 Africa Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)  

10.5.2.4 Africa Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.5.2.5 Africa Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.5.2.6 South Africa

10.5.2.6.1 South Africa Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)

10.5.2.6.2 South Africa Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.5.2.6.3 South Africa Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.5.2.7 Nigeria

10.5.2.7.1 Nigeria Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)

10.5.2.7.2 Nigeria Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.5.2.7.3 Nigeria Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.5.2.8 Rest of Africa

10.5.2.8.1 Rest of Africa Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)

10.5.2.8.2 Rest of Africa Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.5.2.8.3 Rest of Africa Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.6 Latin America

10.6.1 Trends Analysis

10.6.2 Latin America Healthcare EDI Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)

10.6.3 Latin America Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)  

10.6.4 Latin America Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.6.5 Latin America Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.6.6 Brazil

10.6.6.1 Brazil Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)

10.6.6.2 Brazil Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.6.6.3 Brazil Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.6.7 Argentina

10.6.7.1 Argentina Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)

10.6.7.2 Argentina Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.6.7.3 Argentina Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.6.8 Colombia

10.6.8.1 Colombia Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)

10.6.8.2 Colombia Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.6.8.3 Colombia Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

10.6.9 Rest of Latin America

10.6.9.1 Rest of Latin America Healthcare EDI Market Estimates and Forecasts, By Component (2020-2032) (USD Billion)

10.6.9.2 Rest of Latin America Healthcare EDI Market Estimates and Forecasts, By Delivery Mode (2020-2032) (USD Billion)

10.6.9.3 Rest of Latin America Healthcare EDI Market Estimates and Forecasts, By End-Use (2020-2032) (USD Billion)

11. Company Profiles

11.1 McKesson Corporation

11.1.1 Company Overview

11.1.2 Financial

11.1.3 Products/ Services Offered

11.1.4 SWOT Analysis

11.2 Optum

11.2.1 Company Overview

11.2.2 Financial

11.2.3 Products/ Services Offered

11.2.4 SWOT Analysis

11.3 Allscripts Healthcare Solutions Inc.

11.3.1 Company Overview

11.3.2 Financial

11.3.3 Products/ Services Offered

11.3.4 SWOT Analysis

11.4 athenahealth

11.4.1 Company Overview

11.4.2 Financial

11.4.3 Products/ Services Offered

11.4.4 SWOT Analysis

11.5 NextGen Healthcare

11.5.1 Company Overview

11.5.2 Financial

11.5.3 Products/ Services Offered

11.5.4 SWOT Analysis

11.6 Cognizant Technology Corporation

11.6.1 Company Overview

11.6.2 Financial

11.6.3 Products/ Services Offered

11.6.4 SWOT Analysis

11.7 SSI Group, LLC

11.7.1 Company Overview

11.7.2 Financial

11.7.3 Products/ Services Offered

11.7.4 SWOT Analysis

11.8 Cerner Corporation

11.8.1 Company Overview

11.8.2 Financial

11.8.3 Products/ Services Offered

11.8.4 SWOT Analysis

11.9 Comarch SA

11.9.1 Company Overview

11.9.2 Financial

11.9.3 Products/ Services Offered

11.9.4 SWOT Analysis

11.10 Axway Software SA.

11.10.1 Company Overview

11.10.2 Financial

11.10.3 Products/ Services Offered

11.10.4 SWOT Analysis

12. Use Cases and Best Practices

13. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

Key Segments:

By Component

  • Services

  • Solutions

By Delivery Mode

  • Web and Cloud-based EDI

  • EDI Value Added Network (VAN)

  • Direct (Point-to-Point) EDI

  • Mobile EDI

By End-Use

  • Healthcare Payers

  • Healthcare Providers

  • Pharmaceutical & Medical Device Industries

  • Others

Request for Segment Customization as per your Business Requirement: Segment Customization Request

REGIONAL COVERAGE:

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of the Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

Request for Country Level Research Report: Country Level Customization Request

Available Customization

With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:

  • Product Analysis

  • Criss-Cross segment analysis (e.g. Product X Application)

  • Product Matrix which gives a detailed comparison of product portfolio of each company

  • Geographic Analysis

  • Additional countries in any of the regions

  • Company Information

  • Detailed analysis and profiling of additional market players (Up to five)


  •            5000 (33% Discount)


  •            8950 (40% Discount)


  •            3050 (23% Discount)

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