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Healthcare Electronic Data Interchange (EDI) Market: by Component (Solutions, and Services), Delivery Mode (EDI Value Added Network (VAN), Direct (Point-to-Point) EDI, Mobile EDI, and Web and Cloud-based EDI) and End user (Payer, Provider and Others) – Global Industry Perspective Comprehensive Analysis and Forecast, 2019-2025

Published Date: 17-Jan-2020 Category: Healthcare Report Format : PDF Pages: 130 Report Code: ZMR-1332 Status : Published

According to the report, global demand for Healthcare Electronic Data Interchange (EDI) Market was valued at approximately USD 3618.91 Million in 2018, and is expected to generate revenue of around USD 5928.07 Million by end of 2025, growing at a CAGR of around 9.53% between 2018 and 2025.

Description

The report covers forecast and analysis for the Healthcare Electronic Data Interchange (EDI) market on a global and regional level. The study provides historic data from 2016 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Million). The study includes drivers and restraints for the Healthcare Electronic Data Interchange (EDI) market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the Healthcare Electronic Data Interchange (EDI) market on a global level. In order to give the users of this report a comprehensive view on the Healthcare Electronic Data Interchange (EDI) market we have included competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein Component, Delivery Mode, End user, and regional segments are benchmarked based on their market size, growth rate and general attractiveness.

According to the report, global demand for Healthcare Electronic Data Interchange (EDI) Market was valued at approximately USD 3618.91 Million in 2018, and is expected to generate revenue of around USD 5928.07 Million by end of 2025, growing at a CAGR of around 9.53% between 2018 and 2025.

The definition of digital business communication is electronic data exchange. Healthcare electronic data interchange facilitates the exchange between healthcare agencies, healthcare professionals, and patients of computer-processable electronic healthcare information in a user-friendly format. Standardization, cost savings, enhanced productivity, and faster processing are some of the benefits that healthcare EDI offers. For example, healthcare providers can send requests for claim status and obtain information through a pre-defined transaction set for organized, compliant exchange of information. In contrast to normal EDI, electronic data exchange transactions in healthcare are not email exchanges.

Global Healthcare Electronic Data Interchange (EDI) Market

The study provides a decisive view on the Healthcare Electronic Data Interchange (EDI) market by segmenting the market based on Component, Delivery Mode, End user and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. Based on Component, the market is segmented into Solutions, and Services. Due to rising levels of outsourcing of electronic data interchange services by healthcare facilities and increased demand for scalability and reliability of EDI solutions, the services segment is expected to dominate the industry. Due to the growing request for electronic data interchange solutions such as e-invoicing, the solutions segment is anticipated to register favorable growth over the forecast period as it reduces administrative costs, ensures data accuracy, accelerates information processing,  eradicates certain business transactions, streamlines business procedures and toughens customers and vendor relationships.

Based on the Delivery Mode segment, the market is bifurcated EDI Value Added Network (VAN), Direct (Point-to-Point) EDI, Mobile EDI, and Web and Cloud-based EDI.  Because of the growing demand from small and medium-sized healthcare providers for its affordable solutions coupled with enhanced elasticity and scalability, the web and cloud-based EDI segment is expected to lead the market. In the prediction period, the mobile EDI segment is projected to record comparatively higher CAGRs. This is attributed to advancements in healthcare technology and growing acceptance by healthcare providers of mobile solutions.

Based on the End user segment, the market is bifurcated into Payer, Provider and Others. During the forecast period, the payers segment is expected to record comparatively higher market share. This is due to increasing demand from insurance plans, healthcare payer establishments to assess insurance claims prior to their payment settlement, fraudulent claims prevention and detection, and risk assessment of disease.

The geographical segmentation comprises the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Due to the higher adoption of Healthcare Information Technology (HCIT) and the presence of key market players such as McKesson Corporation, Optum, Inc., the SSI Group, LLC, and Experian Information Solutions, Inc., North America held a major market share in 2018. Due to the increasing demand for electronic data interchange services / solutions between pharmaceutical companies and medical device manufacturers in Europe, Europe is also predictable to hold a substantial market share during the forecast period in order to tackle increasing competitiveness, price pressure and lower profit margins.

Technologically innovative electronic data interchange services / solutions like web-based EDI have advanced to address confidentiality issues, authentication issues, and data integrity issues. Developments in the American National Standards Institute (ANSI) X12 EDI formatting standard have made Business-to-Business (B2B) transactions useful for electronic data interchange. The emergence in electronic data interchange of Extensible Markup Language (XML) and web-based standards is slowing the growth of this industry. Electronic data interchange services / solutions such as web and cloud-based EDI, EDI Value Added Network (VAN), direct (point-to-point) EDI, mobile EDI, Applicability Statement Version 2 (AS2), File Transfer Protocol on Virtual Private Network (FTP / VPN), Secure File Transfer Protocol (SFTP) or File Transfer Protocol Secure (FTPS) are supplied using various methods or delivery modes. In addition, a growing number of end-users are expected to drive demand over the market period for electronic data interchange services / solutions.

Key players within global Healthcare Electronic Data Interchange (EDI) market include Allscripts Healthcare Solutions Inc., Cognizant, Experian Information Solutions, Inc., GE Healthcare, McKesson Corporation, Optum, Inc., Schreiner Group, Siemens Healthineers, The SSI Group, LLC and ZirMed Inc. amongst others.

The report segments global Healthcare Electronic Data Interchange (EDI) market as follows:

Global Healthcare Electronic Data Interchange (EDI) Market: Component Segment Analysis

  • Solutions
  • Services

Global Healthcare Electronic Data Interchange (EDI) Market: Delivery Mode Segment Analysis

  • EDI Value Added Network (VAN)
  • Direct (Point-to-Point) EDI
  • Mobile EDI
  • Web and Cloud-based EDI

Global Healthcare Electronic Data Interchange (EDI) Market: End user Segment Analysis

  • Payer
  • Provider
  • Others

 Global Healthcare Electronic Data Interchange (EDI) Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1. Healthcare Electronic Data Interchange (EDI) Market, 2016 - 2025, (USD Million)
    • 2.2. Healthcare Electronic Data Interchange (EDI) Market: Snapshot
  • Chapter 3. Global Healthcare Electronic Data Interchange (EDI) Market -Industry Analysis
    • 3.1. Healthcare Electronic Data Interchange (EDI) Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Technologically innovated electronic data interchange services/solutions
    • 3.3. Restraints
      • 3.3.1. Poor exposure
    • 3.4. Opportunity
      • 3.4.1. Exploring emerging economies
    • 3.5. Porter's Five Forces Analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market attractiveness analysis by Component Segment
      • 3.6.2. Market attractiveness analysis by Delivery Mode Segment
      • 3.6.3. Market attractiveness analysis by End user segment
      • 3.6.4. Market attractiveness analysis by regional segment
  • Chapter 4. Global Healthcare Electronic Data Interchange (EDI) Market - Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Healthcare Electronic Data Interchange (EDI) market: company market share analysis, 2018
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Delivery Mode launches
      • 4.2.3. Agreements, partnerships, collaborations and joint ventures
      • 4.2.4. Research and development and regional expansion
  • Chapter 5. Global Healthcare Electronic Data Interchange (EDI) Market -Component Segment Analysis
    • 5.1. Global Healthcare Electronic Data Interchange (EDI) market overview: by Component
      • 5.1.1. Global Healthcare Electronic Data Interchange (EDI) market revenue share, by Component, 2018 and 2025
    • 5.2. Solutions
      • 5.2.1. Global Healthcare Electronic Data Interchange (EDI) market by Solutions, 2016-2025 (USD Million)
    • 5.3. Services
      • 5.3.1. Global Healthcare Electronic Data Interchange (EDI) market by Services, 2016-2025 (USD Million)
  • Chapter 6. Global Healthcare Electronic Data Interchange (EDI) Market -Delivery Mode Segment Analysis
    • 6.1. Global Healthcare Electronic Data Interchange (EDI) market overview: by Delivery Mode
      • 6.1.1. Global Healthcare Electronic Data Interchange (EDI) market revenue share, by Delivery Mode, 2018 and 2025
    • 6.2. EDI Value Added Network (VAN)
      • 6.2.1. Global Healthcare Electronic Data Interchange (EDI) market by EDI Value Added Network (VAN), 2016-2025 (USD Million)
    • 6.3. Direct (Point-to-Point) EDI
      • 6.3.1. Global Healthcare Electronic Data Interchange (EDI) market by Direct (Point-to-Point) EDI, 2016-2025 (USD Million)
    • 6.4. Mobile EDI
      • 6.4.1. Global Healthcare Electronic Data Interchange (EDI) market by Mobile EDI, 2016-2025 (USD Million)
    • 6.5. Web and Cloud-based EDI
      • 6.5.1. Global Healthcare Electronic Data Interchange (EDI) market by Web and Cloud-based EDI, 2016-2025 (USD Million)
  • Chapter 7. Global Healthcare Electronic Data Interchange (EDI) Market -End user Segment Analysis
    • 7.1. Global Healthcare Electronic Data Interchange (EDI) market overview: by End user
      • 7.1.1. Global Healthcare Electronic Data Interchange (EDI) market revenue share, by End user, 2018 and 2025
    • 7.2. Payer
      • 7.2.1. Global Healthcare Electronic Data Interchange (EDI) market by Payer, 2016-2025 (USD Million)
    • 7.3. Provider
      • 7.3.1. Global Healthcare Electronic Data Interchange (EDI) market by Provider, 2016-2025 (USD Million)
    • 7.4. Others
      • 7.4.1. Global Healthcare Electronic Data Interchange (EDI) market by Others, 2016-2025 (USD Million)
  • Chapter 8. Global Healthcare Electronic Data Interchange (EDI) Market - Regional Analysis
    • 8.1. Global Healthcare Electronic Data Interchange (EDI) market overview: by region
      • 8.1.1. Global Healthcare Electronic Data Interchange (EDI) market revenue share, by region, 2018 and 2025
    • 8.2. North America
      • 8.2.1. North America Healthcare Electronic Data Interchange (EDI) market, by country, 2016-2025 (USD Million)
      • 8.2.2. North America Healthcare Electronic Data Interchange (EDI) market revenue, by Component, 2016-2025 (USD Million)
      • 8.2.3. North America Healthcare Electronic Data Interchange (EDI) market revenue, by Delivery Mode, 2016-2025 (USD Million)
      • 8.2.4. North America Healthcare Electronic Data Interchange (EDI) market revenue, by End user, 2016-2025 (USD Million)
      • 8.2.5. The U.S.
        • 8.2.5.1. U.S. Healthcare Electronic Data Interchange (EDI) market revenue, by Component, 2016-2025 (USD Million)
        • 8.2.5.2. U.S. Healthcare Electronic Data Interchange (EDI) market revenue, by Delivery Mode, 2016-2025 (USD Million)
        • 8.2.5.3. The U.S. Healthcare Electronic Data Interchange (EDI) market revenue, by End user, 2016-2025 (USD Million)
      • 8.2.6. Rest of North America
        • 8.2.6.1. Rest of North America Healthcare Electronic Data Interchange (EDI) market revenue, by Component, 2016-2025 (USD Million)
        • 8.2.6.2. Rest of North America Healthcare Electronic Data Interchange (EDI) market revenue, by Delivery Mode, 2016-2025 (USD Million)
        • 8.2.6.3. Rest of North America Healthcare Electronic Data Interchange (EDI) market revenue, by End user, 2016-2025 (USD Million)
    • 8.3. Europe
      • 8.3.1. Europe Healthcare Electronic Data Interchange (EDI) market, by country, 2016-2025 (USD Million)
      • 8.3.2. Europe Healthcare Electronic Data Interchange (EDI) market revenue, by Component, 2016-2025 (USD Million)
      • 8.3.3. Europe Healthcare Electronic Data Interchange (EDI) market revenue, by Delivery Mode, 2016-2025 (USD Million)
      • 8.3.4. Europe Healthcare Electronic Data Interchange (EDI) market revenue, by End user, 2016-2025 (USD Million)
      • 8.3.5. UK
        • 8.3.5.1. UK Healthcare Electronic Data Interchange (EDI) market revenue, by Component, 2016-2025 (USD Million)
        • 8.3.5.2. UK Healthcare Electronic Data Interchange (EDI) market revenue, by Delivery Mode, 2016-2025 (USD Million)
        • 8.3.5.3. UK Healthcare Electronic Data Interchange (EDI) market revenue, by End user, 2016-2025 (USD Million)
      • 8.3.6. France
        • 8.3.6.1. France Healthcare Electronic Data Interchange (EDI) market revenue, by Component, 2016-2025 (USD Million)
        • 8.3.6.2. France Healthcare Electronic Data Interchange (EDI) market revenue, by Delivery Mode, 2016-2025 (USD Million)
        • 8.3.6.3. France Healthcare Electronic Data Interchange (EDI) market revenue, by End user, 2016-2025 (USD Million)
      • 8.3.7. Germany
        • 8.3.7.1. Germany Healthcare Electronic Data Interchange (EDI) market revenue, by Component, 2016-2025 (USD Million)
        • 8.3.7.2. Germany Healthcare Electronic Data Interchange (EDI) market revenue, by Delivery Mode, 2016-2025 (USD Million)
        • 8.3.7.3. Germany Healthcare Electronic Data Interchange (EDI) market revenue, by End user, 2016-2025 (USD Million)
      • 8.3.8. Rest of Europe
        • 8.3.8.1. Rest of Europe Healthcare Electronic Data Interchange (EDI) market revenue, by Component, 2016-2025 (USD Million)
        • 8.3.8.2. Rest of Europe Healthcare Electronic Data Interchange (EDI) market revenue, by Delivery Mode, 2016-2025 (USD Million)
        • 8.3.8.3. Rest of Europe Healthcare Electronic Data Interchange (EDI) market revenue, by End user, 2016-2025 (USD Million)
    • 8.4. Asia Pacific
      • 8.4.1. Asia Pacific Healthcare Electronic Data Interchange (EDI) market, by country, 2016-2025 (USD Million)
      • 8.4.2. Asia Pacific Healthcare Electronic Data Interchange (EDI) market revenue, by Component, 2016-2025 (USD Million)
      • 8.4.3. Asia Pacific Healthcare Electronic Data Interchange (EDI) market revenue, by Delivery Mode, 2016-2025 (USD Million)
      • 8.4.4. Asia Pacific Healthcare Electronic Data Interchange (EDI) market revenue, by End user, 2016-2025 (USD Million)
      • 8.4.5. China
        • 8.4.5.1. China Healthcare Electronic Data Interchange (EDI) market revenue, by Component, 2016-2025 (USD Million)
        • 8.4.5.2. China Healthcare Electronic Data Interchange (EDI) market revenue, by Delivery Mode, 2016-2025 (USD Million)
        • 8.4.5.3. China Healthcare Electronic Data Interchange (EDI) market revenue, by End user, 2016-2025 (USD Million)
      • 8.4.6. France
        • 8.4.6.1. Japan Healthcare Electronic Data Interchange (EDI) market revenue, by Component, 2016-2025 (USD Million)
        • 8.4.6.2. Japan Healthcare Electronic Data Interchange (EDI) market revenue, by Delivery Mode, 2016-2025 (USD Million)
        • 8.4.6.3. Japan Healthcare Electronic Data Interchange (EDI) market revenue, by End user, 2016-2025 (USD Million)
      • 8.4.7. India
        • 8.4.7.1. India Healthcare Electronic Data Interchange (EDI) market revenue, by Component, 2016-2025 (USD Million)
        • 8.4.7.2. India Healthcare Electronic Data Interchange (EDI) market revenue, by Delivery Mode, 2016-2025 (USD Million)
        • 8.4.7.3. India Healthcare Electronic Data Interchange (EDI) market revenue, by End user, 2016-2025 (USD Million)
      • 8.4.8. Rest of Asia Pacific
        • 8.4.8.1. Rest of Asia Pacific Healthcare Electronic Data Interchange (EDI) market revenue, by Component, 2016-2025 (USD Million)
        • 8.4.8.2. Rest of Asia Pacific Healthcare Electronic Data Interchange (EDI) market revenue, by Delivery Mode, 2016-2025 (USD Million)
        • 8.4.8.3. Rest of Asia Pacific Healthcare Electronic Data Interchange (EDI) market revenue, by End user, 2016-2025 (USD Million)
    • 8.5. Latin America
      • 8.5.1. Latin America Healthcare Electronic Data Interchange (EDI) market, by country, 2016-2025 (USD Million)
      • 8.5.2. Latin America Healthcare Electronic Data Interchange (EDI) market revenue, by Component, 2016-2025 (USD Million)
      • 8.5.3. Latin America Healthcare Electronic Data Interchange (EDI) market revenue, by Delivery Mode, 2016-2025 (USD Million)
      • 8.5.4. Latin America Healthcare Electronic Data Interchange (EDI) market revenue, by End user, 2016-2025 (USD Million)
      • 8.5.5. Brazil
        • 8.5.5.1. Brazil Healthcare Electronic Data Interchange (EDI) market revenue, by Component, 2016-2025 (USD Million)
        • 8.5.5.2. Brazil Healthcare Electronic Data Interchange (EDI) market revenue, by Delivery Mode, 2016-2025 (USD Million)
        • 8.5.5.3. Brazil Healthcare Electronic Data Interchange (EDI) market revenue, by End user, 2016-2025 (USD Million)
      • 8.5.6. Rest of Latin America
        • 8.5.6.1. Rest of Latin America Healthcare Electronic Data Interchange (EDI) market revenue, by Component, 2016-2025 (USD Million)
        • 8.5.6.2. Rest of Latin America Healthcare Electronic Data Interchange (EDI) market revenue, by Delivery Mode, 2016-2025 (USD Million)
        • 8.5.6.3. Rest of Latin America Healthcare Electronic Data Interchange (EDI) market revenue, by End user, 2016-2025 (USD Million)
    • 8.6. Middle East & Africa
      • 8.6.1. Middle East and Africa Healthcare Electronic Data Interchange (EDI) market, by country, 2016-2025 (USD Million)
      • 8.6.2. Middle East and Africa Healthcare Electronic Data Interchange (EDI) market revenue, by Component, 2016-2025 (USD Million)
      • 8.6.3. Middle East and Africa Healthcare Electronic Data Interchange (EDI) market revenue, by Delivery Mode, 2016-2025 (USD Million)
      • 8.6.4. Middle East and Africa Healthcare Electronic Data Interchange (EDI) market revenue, by End user, 2016-2025 (USD Million) 
  • Chapter 10. Company Profiles
    • 10.1. Allscripts Healthcare Solutions Inc.
      • 10.1.1. Overview
      • 10.1.2. Financials
      • 10.1.3. Delivery Mode Portfolio
      • 10.1.4. Business Strategy
      • 10.1.5. Recent Developments
    • 10.2. Cognizant
      • 10.2.1. Overview
      • 10.2.2. Financials
      • 10.2.3. Delivery Mode Portfolio
      • 10.2.4. Business Strategy
      • 10.2.5. Recent Developments
    • 10.3. Experian Information Solutions, Inc.
      • 10.3.1. Overview
      • 10.3.2. Financials
      • 10.3.3. Delivery Mode Portfolio
      • 10.3.4. Business Strategy
      • 10.3.5. Recent Developments
    • 10.4. GE Healthcare, McKesson Corporation
      • 10.4.1. Overview
      • 10.4.2. Financials
      • 10.4.3. Delivery Mode Portfolio
      • 10.4.4. Business Strategy
      • 10.4.5. Recent Developments
    • 10.5. Optum, Inc.
      • 10.5.1. Overview
      • 10.5.2. Financials
      • 10.5.3. Delivery Mode Portfolio
      • 10.5.4. Business Strategy
      • 10.5.5. Recent Developments
    • 10.6. Schreiner Group
      • 10.6.1. Overview
      • 10.6.2. Financials
      • 10.6.3. Delivery Mode Portfolio
      • 10.6.4. Business Strategy
      • 10.6.5. Recent Developments
    • 10.7. Siemens Healthineers
      • 10.7.1. Overview
      • 10.7.2. Financials
      • 10.7.3. Delivery Mode Portfolio
      • 10.7.4. Business Strategy
      • 10.7.5. Recent Developments
    • 10.8. The SSI Group, LLC
      • 10.8.1. Overview
      • 10.8.2. Financials
      • 10.8.3. Delivery Mode Portfolio
      • 10.8.4. Business Strategy
      • 10.8.5. Recent Developments
    • 10.9. ZirMed Inc.
      • 10.9.1. Overview
      • 10.9.2. Financials
      • 10.9.3. Delivery Mode Portfolio
      • 10.9.4. Business Strategy
      • 10.9.5. Recent Developments

Methodology

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