Computer Assisted Coding Market Exceed Valuation of CAGR of 11.95by 2029 - $0
Details:Data Bridge Market Research analyses that the Computer Assisted Coding Market to be grow at a CAGR of 11.95% in the forecast period of 2022-2029 and is likely to reach the USD 10,212.4 million by 2029.
A computer assisted coding system is software that analyses health-care records and generates a specific keyword for specified phrases and terms. These keywords offered by (CACS) can assist in increasing productivity and lowering the administrative person's processing time. The major goal of computer-assisted coding software is to reduce errors and increase the efficiency of the healthcare facility. Software, structured input software, standalone software, services, integrated software, support and maintenance, and education and training are some of the products and services provided by computer-assisted coding. It's employed in things like automated computer-assisted coding, management reporting and analytics, and clinical coding auditing.
The increased use of EHR systems will act as major driver accelerating the computer assisted coding market’s growth rate. Another significant factor resulting in the expansion of market is the greater use of computer assisted coding (CAC) solutions to reduce rising healthcare costs. Furthermore, increased regulatory requirements for patient data management and rising focus on physician computer-assisted coding in outpatient settings are the major drivers that will enhance the growth of market. Furthermore, commercial and public organizations are rolling back rapid improvements in global healthcare infrastructure and rising insurance reimbursement policies. These tend to minimize the population's ever-increasing healthcare expenditures, which is stimulating the demand for computer-assisted coding systems. Growing healthcare infrastructure and rise in the level of disposable incomes in developing and developed countries will influence the growth rate of computer assisted coding market. The upsurge in the demand for automation is being driven by the need to manage a large number of codes in the ICD-10 system and this will further cushion the market’s growth rate.
Global Computer Assisted Coding Market Scope and Market Size
The computer assisted coding market is segmented on the basis of product, mode of delivery, application and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
Based on product, the computer assisted coding market is segmented into
On the basis of mode of delivery, the computer assisted coding market is segmented into
• Web-based solutions,
• On premise solutions
• Cloud-based solutions.
Based on application, the computer assisted coding market is segmented into
• automated computer-assisted encoding,
• management reporting
• Clinical coding auditing.
Computer assisted coding market is also segmented based on the end user into
• physician practices,
• academic medical centers,
• clinical laboratories
• diagnostic centers
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Computer Assisted Coding Market Country Level Analysis
The computer assisted coding market is analysed and market size insights and trends are provided by country, product, and mode of delivery, application and end user as referenced above.
The countries covered in the Computer Assisted Coding Market report are the
• Canada and Mexico in North America
• Rest of Europe in Europe
• South Korea
• Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC)
• Saudi Arabia
• South Africa
• Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
• Argentina and Rest of South America as part of South America.
Competitive Landscape and Global Computer Assisted Coding Market Share Analysis
The computer assisted coding market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to computer assisted coding market.
Some of the major players operating in the computer assisted coding market are
• Optum Inc.,
• Nuance Communications, Inc.,
• McKesson Corporation,
• Cerner Corporation,
• Craneware, Inc.,
• Artificial Medical Intelligence,
• TruCode LLC,
• Streamline Healthcare Solutions, LLC,
• Epic Systems Corporation,
• athenahealth, Inc.,
• Coding Strategies, Inc.,
• ID Information und Dokumentation im Gesundheitswesen GmbH & Co. KGaA,
• nThrive Revenue Systems, LLC,
• Quest Diagnostics Incorporated.,
• EZDI, Inc.,
• iMedX Information Services Pvt Ltd.,
• ZyDoc Medical Transcription, LLC,
• Revele and One Voice Data,
• among others.
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MAJOR TOC OF THE REPORT
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Chapter Six: Global Computer Assisted Coding Market by Product & Procedure type
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