Author: Bandana Dobhal, Research Analyst
17 February 2025
According to a new report by UnivDatos, the Healthcare EDI Market is expected to reach USD Billion in 2032 by growing at a CAGR of 9.46%. With a growing global concern towards efficient and standard management of the escalating patient data, claims, and billings, the global healthcare EDI market is rising. Government-imposed requirements such as the HIPAA in the United States and similar plans in other countries provoke companies to use EDI for regulatory and safety motives. EDI systems benefit from developing technologies, including artificial intelligence and automation to improve the scalability and functionality of appropriate cloud solutions. Moreover, the growth of healthcare facilities is also a driver of the market in emerging economy nations around the world.
Digital transformation is a key driver that impacts the healthcare EDI market, reshaping processes of exchanging information and functioning in healthcare organizations. Since the healthcare facility is gradually adopting a digital environment for the delivery of healthcare services, electronic data interchange systems have a significant role in automating some of the clerical procedures to minimize errors, healthcare expenses, and time involved in the commerce of institutional records. Industry transformation efforts are forcing healthcare delivery, payment, and other relevant stakeholders to invest in new interoperable EDI solutions that are fully compatible with EHRs, practice management, and other healthcare IT systems. Additionally, relatively new technologies such as AI, blockchain, and cloud are being integrated into EDI systems to make them more capable, secure, and intelligent. Governments and regulatory bodies have also greatly contributed by setting standards and policies on the use of Digital Health and rewarding companies and organizations that offer Electronic Data Interchange systems.
For instance, according to an article published in the National Center for Biotechnology Information, Digital health can play a role in innovation in health, as it facilitates the participation of patients in the process of providing healthcare. In the United States, 75% of hospitals use electronic health record systems, and the government provides incentives for the “effective use” of e-health technologies within the healthcare settings.
According to the report, the Asia-Pacific region is expected to be the fastest-growing region in the forecast period
The Asia-Pacific region is the most significant market for advancing healthcare EDI due to the advancements in the healthcare industry, increased usage of digital health technologies, and the modernization of the healthcare industry with the support of the government. Daily fixed digital connections are known to be in high demand in countries that have large populations, increasing healthcare costs, and a rising incidence of chronic diseases as seen in Asia’s leading nations including China, India, and Japan. Such factors cause a high demand for effective means of transactions such as EDI to manage the growing flow of healthcare transactions in the Asia-Pacific region. The governments are eager to implement changes towards digital healthcare. For instance, India’s Ayushman Bharat Digital Mission and China’s smart healthcare systems force to enhance accessibility to better healthcare solutions. Moreover, EDI involves the use of structured programs that would enhance the implementation of recognized data interchange formats, which, in turn, stimulates the growth of the EDI market. Also, there are large technological investments in the region by both international and domestic healthcare IT companies to meet their needs to build and adopt affordable EDI solutions that would suit emerging economies.
Market Size, Trends, & Forecast by Revenue | 2024−2032.
Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
Market Segmentation – A detailed analysis By Component, By Delivery Mode, By End-use, and Region
Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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