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Health care EDI market could hit $5.9B by 2025

The global health care electronic data interchange (EDI) market size, valued at $2.7 billion in 2016, is expected to grow at a compounded annual growth rate of 9.4 percent over the next decade.

By Katie Kuehner-Hebert | Updated on September 06, 2017
The accelerated growth of the EDI market is being fueled by several factors.

The global health care electronic data interchange (EDI) market size, valued at $2.7 billion in 2016, is expected to grow at a compounded annual growth rate of 9.4 percent over the next decade, reaching $5.9 billion by 2025, according to a report by Grand View Research Inc. 

The accelerated growth of the EDI market is being fueled by the rising need to curb health care costs; technological advancements; the surge in number of end-users including payers, providers, pharmaceutical and medical device industries; and the increasing adoption of EDI, according to the report. 

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Katie Kuehner-Hebert

Katie Kuehner-Hebert

Katie Kuehner-Hebert is a freelance writer based in Running Springs, Calif. She has more than three decades of journalism experience, with particular expertise in employee benefits and other human resource topics.

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