Trends in Computer Assisted Coding Market Overviewed by Integrated Systems and Natural Language Processing

Report analyzes computer-assisted coding market and aims at estimating the market size and future growth potential of this market based on various segments such as product & service, application, mode of delivery, end user, and region.

North America is largest market for computer-assisted coding, followed by Europe, Asia-Pacific, & the Rest of the World. Implementation of ICD-10 coding standards in country’s healthcare system & the resultant demand for effective claims management processes in country’s healthcare delivery framework are some of factors contributing to large share of North America in market.

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The global computer-assisted coding market is valued at USD 2.76 Billion in 2017 and is expected to register a CAGR of 11.5% to reach to USD 4.75 Billion by 2022. Growth of market can be attributed to transition to ICD-10 coding standards from ICD-9 in North America, growing demand for CAC solutions, growing need within healthcare system to curtail increasing healthcare costs, improve coding accuracy, and streamline the revenue cycle management procedures.

The rapid growth in developing countries across APAC is also expected to provide an opportunity for revenue generation in the market. However, high implementation and maintenance expenses for computer-assisted coding and lack of IT professionals in the healthcare industry are expected to hinder the growth of the computer-assisted coding market to some extent.

Global Computer-Assisted Coding Market, By Application
1 Introduction
2 Automated Computer-Assisted Encoding
3 Management Reporting and Analytics
4 Clinical Coding Auditing

Global Computer-Assisted Coding Market, By End User
1 Introduction
2 Hospitals
3 Physician Practices
4 Academic Medical Centers
5 Clinical Laboratories and Diagnostic Centers

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Major players operating in the computer assisted coding market in various regions have been identified, and their offerings, regional presence, and distribution channels have been analyzed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size.

Computer Assisted Coding Market has following prominent players like Nuance Communications, Inc. (U.S.), Cerner Corporation (U.S.) and Artificial Medical Intelligence, Inc. (U.S.). Some of the other leading players in this market are Dolbey Systems, Inc. (U.S.), Precyse Solutions, LLC (U.S.), Craneware plc (U.K.), McKesson Corporation (U.S.), athenahealth, Inc. (U.S.), Streamline Health Solutions, Inc. (U.S.), MMODAL IP LLC (M*Modal) (U.S.), TruCode (U.S.), Quest Diagnostics Inc. (U.S.), and Epic Systems Corporation(U.S.).

More Information on Computer Assisted Coding Market by Software (Natural Language Processing, Structured Input, Integrated Systems), Service (Support, Education & Training), Application (Automated Encoding, Clinical Coding Audit, Management Reporting) - Global Forecast to 2022 at https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=344461 .

Geographically, global computer-assisted coding market is segmented into North America, Europe, Asia-Pacific, & Rest of the World. In 2016, North America dominated global market. Rising need to minimizing operational errors, thereby reducing healthcare costs, increasing government efforts toward strengthening healthcare infrastructure through implementation of healthcare IT solutions and improving quality of care are driving growth of market in this region. Asia-Pacific fastest-growing market for computer-assisted coding.

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