PRN: Healthcare EDI Market to Reach $3.7 Billion by 2022 - Driven by the Development of Regulations for Transaction Processes - Research and Markets

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Healthcare EDI Market to Reach $3.7 Billion by 2022 - Driven by the Development of Regulations for Transaction Processes - Research and Markets

 
[16-June-2017]
 

DUBLIN, June 16, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Healthcare EDI Market by Component (Solution, Service), Delivery Mode (Web & Cloud, Mobile) Transaction Type (Claims Management, Remittance, Payment, Healthcare Supply Chain), End User (Healthcare Provider, Payer, Pharmacy) - Global Forecast to 2022" report to their offering.

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The global healthcare EDI market is projected to reach USD 3.77 Billion by 2022 from USD 2.56 Billion in 2017, at a CAGR of 8.1%. The growth of this market is majorly driven by the development of regulations for transaction processes, the rising need to curtail healthcare costs, and government support for HCIT implementation.

The report analyzes the global healthcare EDI market by component, delivery mode, transaction type, end user, and region. On the basis of component, the services segment accounted for the largest share in 2016, owing to the outsourcing of EDI services by healthcare organizations and growing demand for scalability of EDI solutions. Based on delivery mode, the global healthcare EDI market is categorized into web & cloud-based EDI, point-to-point EDI, EDI VAN, and mobile EDI. In 2016, the web & cloud-based EDI segment accounted for the largest share of the market, this is primarily attributed to its benefits including affordable solution for small and medium-sized healthcare providers, improved flexibility, and scalability.

Geographically, the global healthcare EDI market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. In 2016, North America held the largest share of this market and this is primarily attributed to the increasing adoption of healthcare EDI in claims & supply chain management, growing number of HCIT companies, and favorable regulations. The Asia-Pacific region is expected to witness the highest CAGR during the forecast period, owing to the rising patient volume, growing need to manage large volume of patient data, need to curb healthcare costs, and implementation of HCIT programs in this region.

Data security, which poses a major concern for patients & EDI users and high implementation cost of EDI software are some of the factors restraining the growth of this market during the forecast period.

Companies Mentioned

  • 123 EDI (U.S.)
  • Allscripts Healthcare Solutions Inc. (U.S.)
  • Amosoft LLC (U.S.)
  • Axway Software Sa (France)
  • B2bgateway (U.S.)
  • Cerner Corporation (U.S.)
  • Cognizant Technology Corporation (U.S.)
  • Comarch Sa (Poland)
  • Covalentworks Lp (U.S.)
  • Dell Technologies Inc. (U.S.)
  • Dicentral Corporation (U.S.)
  • EDIcom International (Spain)
  • EDItel Group (Austria)
  • Ebridge Connections (Canada)
  • Esker Sa (France)
  • Experian PLC (Ireland)
  • Ge Healthcare (U.S.)
  • Healthasyst Pvt. Ltd. (India)
  • Mckesson Corporation (U.S.)
  • Optum Inc. (U.S.)
  • Plexis Healthcare Systems Inc. (U.S.)
  • Quality Systems Inc. (U.S.)
  • Synnex Corporation (U.S.)
  • The SSI Group LLC (U.S.)
  • Zirmed Inc. (U.S.)

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Insights

7 Global Healthcare EDI Market, By Component

8 Global Healthcare EDI Market, By Delivery Mode

9 Global Healthcare EDI Market, By Transaction Type

10 Global Healthcare EDI Market, By End User

11 Global Healthcare EDI Market, By Region

12 Competitive Landscape

13 Company Profiles

14 Appendix

For more information about this report visit https://www.researchandmarkets.com/research/d2jdjx/healthcare_edi

Media Contact:


Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

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