The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s Medical Coding Global Market Report 2023 offers crucial insights into the medical coding market help businesses analyse and build stronger strategies.

Five Key insights from the forecast include:

1. Market Size – The global medical coding market size grew from $15.71 billion in 2022 to $17.23 billion in 2023 at a compound annual growth rate (CAGR) of 9.7%. The market size of global medical coding is expected to grow to $24.81 billion in 2027 at a CAGR of 9.5%

The rising need for a universal language in medical documents is expected to propel the growth of the medical coding market.

2. Key Trend – The increased adoption of artificial intelligence (AI) is a new trend gaining popularity in the medical coding market. The adoption of artificial intelligence is expected to streamline medical billing workflows in addition to making the work of medical coders accurate and improving efficiency. The adoption holds more relevance considering the growing healthcare data and increased complexity.

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3. Largest Region – North America was the largest region in the medical coding market in 2022.
4. Major Players – Major players in the medical coding market are 3M Company, AcerHealth Inc., Alpha Coding Experts LLC, Aveanna Healthcare LLC, EqualizeRCM Services, IBM Corporation, iMedX Inc., Infinx Healthcare, Nuance Communications.
5. Top Market Segments –

1) By Component: In-house, Outsourced
2) By Classification System: International Classification of Diseases (ICDs), Healthcare Common Procedure Coding System (HCPCS), Current Procedural Terminology (CPT)
3) By End User: Diagnostic Centers, Hospitals & Care Providers

Read The Full Medical Coding Market Report Here:
https://www.thebusinessresearchcompany.com/report/medical-coding-global-market-report

The Medical Coding Global Market Report 2023  provides a comprehensive outlook of the medical coding market for the historic years (2010 – 2021) and ten years forecast (2023 – 2032). The medical coding market forecast offers a thorough analysis on medical coding market size, medical coding market share, prominent players and their strategies.

Medical coding is the process of converting information related to one’s health diagnosis, treatment, procedures and other related information in to a universal medical alphanumeric code.

The Table Of Content For The Medical Coding Market Include:
1. Medical Coding Market Executive Summary
2. Medical Coding Market Segments
3. Medical Coding Market Size And Medical Coding Market Growth Rate
4. Key Medical Coding Market Trends
5. Major Medical Coding Market Drivers
……
25. Key Mergers And Acquisitions In The Medical Coding Market
26. Top Medical Coding Companies
27. Medical Coding Market Opportunities And Strategies
28. Medical Coding Market, Conclusions And Recommendations
29. Appendix

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