Here is why Healthcare Electronic Data Interchange (EDI) Market is on an exciting curve

Many analysts agree that, owing to increasing government support for healthcare IT coupled with surge in number of end-users and increasing adoption of EDI, the Healthcare Electronic Data Interchange (EDI) Market has exciting surprises.
According to Research and Markets, the global healthcare EDI market is anticipated to reach USD 5.9 billion by 2025, with a CAGR of 9.4% over the forecast period.
The firm also reveals that, a surge in number of end-users such as payers, providers, pharmaceutical & medical device industries, and others are anticipated to fuel the demand of the EDI services or solutions during the market period. The healthcare payers use EDI for the evaluation of insurance claims before their payment settlement, prevention & detection of fraudulent claims to provide rapid services through collaborating with providers in order to gain a competitive advantage.