(2022-2031) Global Medical Coding Market Report: High
Medical Coding Market
‘Medical Coding Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ by The Business Research Company is the most comprehensive report available on this market, with analysis of historical and forecasted market growth, drivers and the constraints that cause them. , and highlights of the opportunities that companies in the sector can seize. The Medical Coding Market research report helps in gaining a truly global perspective of the Medical Coding industry as it covers 60 geographies globally. Regional and country breakdowns give an analysis of the market in each geography, with market size information by region and country.
Regions covered in the Medical Coding market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and South America. ‘Africa. Among these regions, North America accounts for the largest medical coding market share.
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The medical coding market consists of sales of medical coding by entities (organizations, individual merchants, and partnerships) that reference software solutions and services used to convert medical records into universal medical alphanumeric codes. Medical information includes medical procedures, diagnostics, equipment and services. The resulting summary and user-friendly codes help reduce time-consuming medical reports. This method consists of extracting information from the documentation, applying the codes and creating a request for payment by the insurance companies.
Major competitors in the medical coding market include 3M Company, AcerHealth Inc, Alpha Coding Experts LLC, Aveanna Healthcare LLC, EqualizeRCM Services, IBM Corporation, iMedX Inc, Infinx Healthcare, Nuance Communications Inc, Omega Healthcare Management Services Private Limited, Optum360, Oracle Corporation, Precyse Solutions LLC, QWay Health LLC, Vee Technologies Private Limited, Aviacode Inc, Maxim Health Information Services, MRA Health Information Services, Thrive Inc, Conifer Health Solutions, Humana, and Access Healthcare.
The global medical coding market size is expected to grow from USD 14.33 billion in 2021 to USD 15.85 billion in 2022 at a compound annual growth rate (CAGR) of 10.61%. The global medical coding market size is expected to reach USD 23.73 billion in 2026 with a CAGR of 10.62%.
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The TBRC report segments the global medical coding market:
1) By component: internal, outsourced
2) By classification system: International Classification of Diseases (ICD), Common Healthcare Procedures Coding System (HCPCS), Current Procedural Terminology (CPT)
3) By end user: diagnostic centres, hospitals and healthcare providers
Read further on the medical coding market here:
The table of contents includes:
2. Characteristics of the medical coding market
3. Medical Coding Market Trends and Strategies
4. Impact of COVID-19 on the Medical Coding Market
5. Medical Coding Market Size and Growth
27. Medical Coding Market Competitive Landscape and Company Profiles
28. Key mergers and acquisitions in the medical coding market
29. Medical Coding Market Future Outlook and Potential Analysis
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