Medical Terminology Software Market In Depth Insight Of Business Growth and Latest Technologies 3M, Apelon, B2i Healthcare, Carecom, Clinical Architecture, HiveWorx, Informatics
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Medical Terminology software market is to grow exponentially in the forecast period owing to driving factors such as increasing focus on decreasing the medical errors, disparity and fragmentation in terminology content of healthcare as well as government initiatives for HCIT adoption. In addition, the emerging economies and growing need to maintain data integrity is anticipated to offer significant growth opportunities in the market during the forecast period.
Medical terminology software is the service and software for the efficient, accurate and effective approach to sematic interoperability. It helps in managing, integrating, deploying and extending standard terminologies within integrated healthcare. it also helps in patient documentation and capture of clinical information. The terminology software helps the organization to map or crosswalk custom codes to standard terminology and ensure proper billing and analytics.
List Of Key Players:-
• Apelon, Inc.
• B2i Healthcare Pte Ltd
• Carecom Ltd
• Clinical Architecture, LLC.
• Intelligent Medical Objects, Inc.
• Wolters Kluwer
Key developments in the medical terminology software market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as service launches, service approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players.
The "Global Medical Terminology Software Market Analysis to 2027" is a specialized and in-depth study of the medical device industry with a special focus on the global market trend analysis. The report aims to provide an overview of medical terminology software market with detailed market segmentation by application, service, end user and geography. The global medical terminology software market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading medical terminology software market players and offers key trends and opportunities in the market.
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Global medical terminology software market is segmented on the basis of application, service and end user. Based on application, the market is classified as data aggregation, decision support, clinical trials, clinical guidelines, reimbursement, public health surveillance, quality reporting and data integration. On the basis of service the market is divided into services and platforms. On the basis of end user the medical terminology software market is classified as healthcare providers, healthcare payers, healthcare IT vendors and other end users.
Overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global medical terminology software market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The medical terminology software market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
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