Global Computer Assisted Coding Market: In-depth Analysis by Regional Outlook, Latest Trend, Share Analysis and top players are 3M, Optum, Nuance Communications, nThrive, Craneware, Artificial Medical Intelligence, McKesson, Cerner Corporation, Dolbey
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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Top key 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.
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,
• 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
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
• physician practices,
• academic medical centers,
• clinical laboratories and diagnostic centers,
• other healthcare providers and payers
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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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