Healthcare Electronic Data Exchange (EDI) is the systematic application of EDI in the field of healthcare. EDI has played a valuable role in the healthcare industry. It is been very critical to manage the data in healthcare field, such as, patient history records, medication data, emergency services records and others. However, EDI helped to manage this huge data in very efficient, systematic and easily accessible manner. EDI is implemented in almost all sub-divisions of healthcare industry, since it saves lot of time and money, and ultimately propels the growth of healthcare industry. As of now, major applications of EDI in the healthcare industry include insurance and reimbursement sector, dental and medical patient database management, clinical trials and regulatory data management and others.
The market of healthcare EDI is driven by many influencing factors, such as, rapidly growing technology and its applications in the healthcare industry, increase in prevalence of chronic diseases and growing awareness. This is supported by rapidly growing clinical trials and R&D, increasing base of end-users such as hospitals and private payers, and strong focus on reimbursement and insurance claims. Rapidly increasing technological applications is considered as the most important driver supporting the growth of this market. Owing to this, a large amount of money and time, which was wasted in healthcare data management, has been saved that ultimately contributes in the growth of the industry.
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However, limited technological access in rural and under developed region of the world, threat of loss of system database due to technical issues are some of the restraints, expected to hinder the growth of market. Furthermore, financial limitations also act as a barrier in the penetration of EDI.
Some of the ajor players operating in this market include Capario Inc., GE Healthcare, Siemens Healthcare, Ssi Group, Inc., Passport Health Communication Inc., and Optum Inc. amongst others.
This research report analyzes this market depending on its market segments, major geographies, and current market trends.
Geographies analyzed under this research report include
Rest of the World
This report provides comprehensive analysis of
Market growth drivers
Factors limiting market growth
Current market trends
Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
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