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(2022-2031) Medical Coding Global Market Report : Top Manufacturers, Industry Challenges, Business Strategies, Revenue Value And Competitive Landscape
Medical Coding Market
The regions covered in the medical coding market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest medical coding market share.
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The medical coding market consists of sales of medical coding by entities (organizations, sole traders, and partnerships) that refer software solutions and services used to the convert medical records into universal medical alphanumeric codes. The medical information includes procedures, healthcare diagnostics, equipment, and medical services. The consequent summarizing, data-friendly codes help with the reduction of time-consuming medical reports. This method involves extracting information from documentation, applying the codes, and creating a claim for payment by insurance carriers.
Key competitors in the medical coding market include 3M Company, AcerHealth Inc, Alpha Coding Experts LLC, Aveanna Healthcare LLC, EqualizeRCM Services, IBM Corporation, iMedX Inc, Infinx Healthcare, Nuance Communications Inc, Omega Healthcare Management Services Private Limited, Optum360, Oracle Corporation, Precyse Solutions LLC, QWay Health LLC, Vee Technologies Private Limited, Aviacode Inc, Maxim Health Information Services, MRA Health Information Services, Thrive Inc, Conifer Health Solutions, Humana, and Access Healthcare.
The global medical coding market size is expected to grow from $14.33 billion in 2021 to $15.85 billion in 2022 at a compound annual growth rate (CAGR) of 10.61%. The global medical coding market size is expected to reach $23.73 billion in 2026 at a CAGR of 10.62%.
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TBRC's Report Segments The Global Medical Coding Market:
1) By Component: In-House, Outsourced
2) By Classification System: International Classification of Diseases (ICDs), Healthcare Common Procedure Coding System (HCPCS), Current Procedural Terminology (CPT)
3) By End-User: Diagnostic Centers, Hospitals and Care Providers
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The Table Of Contents Includes:
1. Executive Summary
2. Medical coding Market Characteristics
3. Medical coding Market Trends And Strategies
4. Impact Of COVID-19 On Medical coding Market
5. Medical coding Market Size And Growth
.....
27. Medical coding Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Medical coding Market
29. Medical coding Market Future Outlook And Potential Analysis
30. Appendix
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