Healthcare EDI Market to Hit USD 7.11 Billion by 2029 with 9.7% CAGR | MarketsandMarkets™

DELRAY BEACH, Fla., Oct. 15, 2024 /PRNewswire/ -- The global healthcare EDI market is projected to reach USD 7.11 billion by 2029 from USD 4.47 billion in 2024, with a CAGR of 9.7%. Key drivers include increased claims submissions, growing use of API integrations, and regulatory mandates. Adoption of RESTful APIs, File Transfer Protocols (FTPs), and advancements in automated error detection contribute to growth. The shift to value-based care models, cloud storage, and AI-driven analytics further drive demand for EDI solutions in enhancing revenue cycle management and patient care outcomes.