Global Computer Assisted Coding Market Business development strategies Forecast by 2024 - Major key players are 3M, Optum, Nuance Communications, McKesson, Cerner Corporation, Dolbey, nThrive, Craneware, Artificial Medical Intelligence, TruCode, M*Modal a

The Computer Assisted Coding Market is a synopsis to the study of Healthcare IT industry and the report also provides valuable insights about the leading drivers, upcoming trends, applications and challenges, determined by our Experts. SWOT analysis is the method to tell any market’s strengths and weaknesses (i.e. drivers and restrains) so that you know on what to stick and what to avoid, this report not only consists SWOT analysis but also provides with the CAGR value fluctuation on the Forecast period of 2018-2024. The various advantages offered by the Computer Assisted Coding market is driving the growth of the market. Our research analysts have identified the Technological innovations and features as one of the primary factors that will trigger the growth of the Computer Assisted Coding market in the coming years. The Computer Assisted Coding vendors are focusing on developing advanced innovative products that meet the demand in the market.

Global Computer Assisted Coding Market accounted to USD 2.5 billion in 2016 growing at a CAGR of 11.3% during the forecast period of 2017 to 2024.

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Well known players of Global Computer Assisted Coding Market are 3M, Optum, Nuance Communications, McKesson, Cerner Corporation, Dolbey, nThrive, Craneware, Artificial Medical Intelligence, TruCode, M*Modal, Streamline Healthcare Solutions, LLC, Epic, athenahealth, Quest Diagnostics, M-Scribe Medical Billing Services, LLC, ezDI Inc - Healthcare solutions, Coding Strategies, iMedX, ZyDoc MediSapien, HRS Coding, GroupOne Health Source, Inc., One Voice Technologies, OneVoice Data, QuadraMed Healthcare Identity Experts, Affinity, Inc., PrecyseTech, Alpha II, LLC and other.

Market Segments

On the basis of application the market is further sub segmented into

• automated computer-assisted encoding,
• management reporting
• analytics and clinical coding auditing

On the basis of geography, global computer assisted coding market report covers data points for 28 countries across multiple geographies such as

• North America & South America,
• Europe,
• Asia-Pacific, and
• Middle East & Africa

Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

Global computer Market assisted coding market the market is segmented by product and service into

• software and
• services

Software is further sub segmented into standalone software and integrated software. Standalone Software is again sub segmented into natural language processing software and structured input software. Services is further segmented into support & maintenance and education & training.

By mode of delivery the market is segmented into

• web-based solutions,
• on-premise solutions,
• cloud-based solutions

By end user the

• hospitals,
• physician practices,
• academic medical centers,
• clinical laboratories and diagnostic centers,
• other healthcare providers and payers

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Competitive Analysis

The global computer assisted coding market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of computer assisted coding market for global, Europe, North America, Asia Pacific and South America.

Major Market Drivers and Restraints

• Increasing use of CAC solutions to control the rising healthcare costs.
• Provides precise coding.
• High price of computer assisted coding system.
• Rise in usage of electronic health record system.
• Growing governing requirements for patient data management.
• Rising implementation of cloud-based solutions.

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