Healthcare Electronic Data Interchange Market Updates

Healthcare Electronic Data Interchange Market size was valued at USD 4.38 Billion in 2023 and is poised to grow from USD 4.8 Billion in 2024 to USD 9.25 Billion by 2032, growing at a CAGR of 9.6% during the forecast period (2025-2032).

Global healthcare electronic data interchange market is fairly fragmented with the presence of many well-known and established international companies around the globe. Key players are focusing on various development activities such as collaborations, acquisitions, partnerships, new technology innovations, and reducing operation cost to expand their market reach and product offerings to cater the rising demand from the global consumers. 'McKesson Corporation (USA) ', 'Cerner Corporation (USA) ', 'Allscripts Healthcare Solutions Inc. (USA) ', 'Change Healthcare (USA) ', 'Optum Inc. (USA) ', 'GE Healthcare (USA) ', 'Siemens Healthineers AG (Germany) ', 'Philips Healthcare (Netherlands) ', 'IBM Corporation (USA) ', 'Dell Technologies Inc. (USA) ', 'Edifecs (USA) ', 'Surescripts (USA) ', 'Experian Health (USA) ', 'NextGen Healthcare Inc. (USA) ', 'Zirmed Inc. (USA) ', 'Conduent Inc. (USA) ', 'Emdeon Inc. (USA) ', 'Quadax Inc. (USA) ', 'SSI Group Inc. (USA) ', 'Cognizant (India) '

Improvements in EDI Services Driving Market Growth

Technological Advancements to Surge Market Growth

Globally, North America dominated the healthcare electronic data interchange (EDI) market 2021 and is projected to retain its position over the forecast period owing to higher adoption of advanced healthcare information technology and large presence of key market players such as McKesson Corporation, Optum Inc., and The SSI Group LLC. Moreover, rising demand for electronic data interchange solutions among various pharmaceutical companies and manufacturers of medical devices to enhance their services and offerings around the globe.