(PharmaNewsWire.Com, January 24, 2017 ) The market of healthcare EDI is segmented on the basis of products and end users. In products segmentation, it is further divided on the basis of mode of delivery, such as, P2P EDI, VAN EDI, Cloud EDI, mobile EDI and others. On the basis of transactions, it is sub-divided as, premium payments, eligibility verification, insurance and reimbursement claim status, enrollment related transactions and others. Further, on the basis of end users, it is sub-divided as healthcare service providers (medical infrastructure, clinics, hospitals and other medical assessment centers), pharmacies and medical devices and equipment manufacturers, suppliers, and distributors, and healthcare financers, such as government financers and private financers.
Moreover, the market is segmented on the basis of geography, such as, North America, Europe, Asia-Pacific and Rest of the World (RoW). At present, North America and Europe are the most prominent markets, owing to well developed technological networks. However, Asia-Pacific and some countries in RoW region are expected to show lucrative growth in the upcoming period, owing to enhanced awareness about use of technology to perform day-to-day EDI activities and growth of technological network.
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.
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
North America Asia Pacific Europe Rest of the World
This report provides comprehensive analysis of
Market growth drivers Factors limiting market growth Current market trends Market structure 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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