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U.K. Leads the Healthcare EDI Market in Europe-More Than 80% Hospital Purchasing Transactions in the Country Processed Through EDI


News provided by

MarketsandMarkets

21 Jul, 2016, 09:30 GMT

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PUNE, India, July 21, 2016 /PRNewswire/ --

According to a new market research report "European Healthcare EDI Market by Supplier (Distributors and Wholesalers, GPOS, Manufacturers), Purchasing Organization (Hospitals, GPOS), Transaction (Orders, Ordersp, Desadv, Recadv, Invoic) Transaction Types and Its Penetration", published by MarketsandMarkets, This report studies the European Healthcare EDI Market - Transaction Types and Its Penetration in 2015.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )
Browse 7 market data Tables spread through 64 Pages and in-depth TOC on "European Healthcare EDI Market"

http://www.marketsandmarkets.com/Market-Reports/european-healthcare-edi-market-93400242.html

Early buyers will receive 10% customization on this report. 

The European healthcare electronic data interchange (EDI) market recorded a healthy growth rate during the last decade, owing to technological advancements and increasing adoption of healthcare EDI solutions among healthcare providers, suppliers, and purchasing organizations across Europe. Hospitals across Europe are increasingly taking several initiatives due to high pressure for healthcare cost reduction in the current dynamic environment. Supply chain costs are at the focus of cost optimization strategies in hospitals across Europe. To achieve operational benefits in supply chain management, hospitals are attempting to attain closer relationships with their suppliers/vendors through utilization of inter-organizational information systems such as EDI. Hospitals use EDI more often with distributor orders than manufacturer-direct orders.

In this report, the European Healthcare EDI Market is segmented based on type of transaction, type of purchasing organization, and region. The European Healthcare EDI Market is analyzed at regional and country level comprising Benelux, Denmark, France, Germany, Italy, Spain, Sweden, Switzerland, and the U.K. The healthcare markets in Germany, France, Denmark, and Sweden are expected to witness a high penetration rate for EDI in coming years owing to the rising geriatric population, increasing government funding and initiatives, improving healthcare infrastructure, increasing demand for quality healthcare at low costs, and presence of major companies in these regions. Bayer AG, Pfizer Inc., GlaxoSmithKline PLC, and Abbott Laboratories are the EDI technology leaders in the pharmaceutical and manufacturing sector in Europe.

In 2015, the EDI penetration rate was highest in U.K., followed by France, Benelux, Denmark, and Germany. ORDERS, ORDERSP, DESADV, RECADV, and INVOIC are the most popular healthcare EDI transactions in Europe. Among all European countries, the penetration rate of hospital EDI for ORDERS transactions with distributors was highest in the U.K. in 2015.

Talk To Our Research Analysts: http://www.marketsandmarkets.com/speaktoanalyst.asp?id=93400242

There has been a considerable rise in EDI adoption among GPOs and hospitals in Europe over the last few years. Increasing number of hospitals adopting EDI solutions, operational benefits and increased speed of transaction processing, growing utilization of EDI solutions in supply chain management are the factors contributing to the growth of healthcare EDI market in Europe. The increasing use of EDI in healthcare manufacturing & distribution industry and gradual acceptance of mobile EDI are the major trends in the European Healthcare EDI Market.

Browse Related Reports: 

Healthcare Electronic Data Interchange (EDI) Market by Component (EDI Software, EDI Services), Transactions (Claim Status, Eligibility Verification), Mode of Delivery (Web-based EDI, Mobile EDI, EDI Van) & by End-users (Healthcare Payers, Providers) - Global Forecast to 2018.

http://www.marketsandmarkets.com/Market-Reports/healthcare-edi-market-130571438.html  

Global Health Information Exchange (HIE) Market by Setup Types (Public & Private), Vendors (Web Portal & Platform), Implementation Models (Centralized, Federated, & Hybrid), Application (Interfacing, Secure Messaging) - Global Trends & Forecast to 2018.

http://www.marketsandmarkets.com/Market-Reports/healthcare-information-exchange-market-249987292.html

Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets: 

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
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Maharashtra, India.
Tel: +1-888-6006-441
Email: sales@marketsandmarkets.com

Visit MarketsandMarkets Blog @ http://mnmblog.org/market-research/healthcare/healthcareit

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