Press release
Medical Terminology Software Global Market Report 2024 - By Size, Demand, Key Trends, Growth And Forecast To 2033
Medical Terminology Software Market
As per the report, the medical terminology software market size has grown rapidly in recent years. It will grow from $1.11 billion in 2023 to $1.30 billion in 2024 at a compound annual growth rate (CAGR) of 16.7%. The medical terminology software market size is expected to see rapid growth in the next few years. It will grow to $2.35 billion in 2028 at a compound annual growth rate (CAGR) of 11.9%.
Download Free Sample Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=14140&type=smp
Impact Of Minimizing Medical Errors On The Medical Terminology Software Market
The rising focus on minimizing medical errors is expected to propel the growth of the medical terminology software market going forward. Minimizing medical errors refers to the efforts and strategies to reduce and prevent mistakes in healthcare that can lead to patient harm. Medical terminology software plays a crucial role in improving healthcare documentation and communication accuracy and efficiency, ultimately reducing the risk of medical errors. For instance, in 2021, the World Health Organization, a Switzerland-based specialized agency of the United Nations responsible for international public health, there is a 17% decrease in medication errors with the adoption of medical terminology software. Therefore, The rising focus on minimizing medical errors is driving the growth of the medical terminology software market.
Innovative Technologies In The Medical Terminology Software Market
Major companies operating in the medical terminology software market are developing innovative technologies, such as natural language processing solutions, to understand and respond to human language. Natural Language Processing (NLP) refers to the branch of computer science and artificial intelligence concerned with giving computers the ability to understand and respond to human language in text or voice data. For instance, in March 2023, Kensho Technologies Inc., a US-based artificial intelligence company, launched a new Natural Language Processing (NLP) solution called Kensho Classify. This solution is designed to conceptually understand and classify documents, enabling analysis of text, smart search, content recommendations, and streamlined research and analysis. It is specifically tuned for complex business and finance use cases, allowing users to find concepts and topics within documents quickly and efficiently without requiring machine learning or technical skills.
The medical terminology software market covered in this report is segmented -
1) By Product And Service: Services, Platforms
2) By Application: Data Aggregation, Reimbursement, Public Health Surveillance, Data Integration, Decision Support, Clinical Trials, Quality Reporting, Clinical Guidelines
3) By End User: Healthcare Providers, Healthcare Payers, Healthcare Information Technology (IT) Vendors, Other End Users
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=14140&type=discount
Major companies operating in the medical terminology software market are 3M Health Information Systems, Wolters Kluwer N.V, Cerner Corporation, M*Modal, Nuance Communications Inc., CareCom A/S, Orion Health, First Databank, SemanticBits, Phastar Corporation, Intelligent Medical Objects Inc., Rhapsody, Clinical Architecture LLC, Infermedica, Apelon Inc., HiveWorx Private Ltd., SNOMED International, B2i Healthcare Kft, BITAC Inc, BT Clinical Computing, West Coast Informatics Inc., Health Navigator, Medical Database, Inc., Prismatik, RealTime Medical, Snomed International, Terminologik, TermSolution Gmbh
Contents of the report:
1. Executive Summary
2. Medical Terminology Software Market Report Structure
3. Medical Terminology Software Market Trends And Strategies
4. Medical Terminology Software Market - Macro Economic Scenario
5. Medical Terminology Software Market Size And Growth
…..
27. Medical Terminology Software Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @
https://www.thebusinessresearchcompany.com/report/medical-terminology-software-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ"
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Medical Terminology Software Global Market Report 2024 - By Size, Demand, Key Trends, Growth And Forecast To 2033 here
News-ID: 3567381 • Views: …
More Releases from The Business research company
Top Players and Competitive Dynamics in the Packet Optical Platform Market
The packet optical platform market is positioned for significant expansion in the coming years, driven by advances in network technology and increasing demand for high-capacity data transmission. As digital infrastructure evolves, this sector is set to play a crucial role in supporting the growing needs of data centers, telecom providers, and cloud services. Let's explore the market's projected size, key players, emerging trends, and the segments contributing to its growth.
Forecasted…
Analysis of Segmentation, Market Trends, and Competitive Landscape in the Open S …
The open source help desk software market is set to experience significant expansion in the coming years, driven by technological advancements and evolving business needs. As organizations increasingly embrace digital customer support, this market is positioned for notable growth through 2030. Below is an in-depth exploration of the market size, leading players, key trends, and segmentation insights.
Projected Market Size and Growth Rate of the Open Source Help Desk Software Market…
Leading Companies Advancing Innovation and Growth in the Non-Terrestrial Network …
The non-terrestrial network (NTN) core network software sector is poised for remarkable expansion, driven by technological advancements and growing demand in satellite and autonomous connectivity. As the world moves toward integrating space-based networks with terrestrial systems, this market is set to become a pivotal component of future communications infrastructure.
Forecasted Market Size Growth in the Non-Terrestrial Network (NTN) Core Network Software Market
The market size for non-terrestrial network core network…
Network Orchestration Market Overview: Major Segments, Strategic Developments, a …
The network orchestration market is on track for substantial growth over the coming years, driven by technological advancements and increasing demand for efficient network management. As businesses and service providers seek more streamlined and automated networking solutions, this market is expected to experience significant expansion. Let's explore the current market size, key players, emerging trends, and detailed segment analysis shaping the future of network orchestration.
Expected Market Value and Growth Trajectory…
More Releases for Medical
ECG Analysis System Market Research Report 2022 - GE Medical, Medical Econet, Gr …
A recent market research report added to repository of MR Accuracy Reports is an in-depth analysis of global ECG Analysis System. On the basis of historic growth analysis and current scenario of ECG Analysis System place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent…
ECG Analysis System Market Outlook: 2020 The Year On A Positive Note | GE Medica …
DataIntelo report titled Global ECG Analysis System Market provides detailed information and overview about the key influential factors required to make well informed business decision. This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions. The rapidly changing market scenario and initial and future assessment of…
Medical Tracheostomy Tube Market Overall Study Report 2020-2027 | Players Medtro …
The latest report added by Stratagem Market Insights gives deep insights into the drivers and restraints in the Worldwide Medical Tracheostomy Tube Market. The research report "Global Medical Tracheostomy Tube Market Size and Growth Forecast to 2027" provide a comprehensive take on the overall market. Analysts have carefully evaluated the milestones achieved by the global Medical Tracheostomy Tube market and the current trends that are likely to shape its future.…
Global Embolization Particle Market 2019 - Sirtex Medical, Merit Medical, Cook M …
The global "Embolization Particle Market" report delivers a comprehensive and systematic framework of the Embolization Particle market at a global level that includes all the key aspects related to it. The data is collected from different sources allied to the global Embolization Particle market and the research team meticulously analyze the gathered data with the help of various analytical tools and present their opinion based on analysis and calculations. The…
Medical Casting & Splinting Market 2019: Top Key players are 3M, DJO Global, BSN …
Medical Casting & Splinting Market 2019 Report analyses the industry status, size, share, trends, growth opportunity, competition landscape and forecast to 2025. This report also provides data on patterns, improvements, target business sectors, limits and advancements. Furthermore, this research report categorizes the market by companies, region, type and end-use industry.
Get Sample Copy of this Report@ https://www.researchreportsworld.com/enquiry/request-sample/13718924
Global Medical Casting & Splinting market 2019 research provides a basic overview of…
Global Oxygen Pressure Regulator Market 2017 : Precision Medical, Smiths Medical …
Oxygen Pressure Regulator
A market study based on the " Oxygen Pressure Regulator Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Oxygen Pressure Regulator Market 2017’. The research report analyses the historical as well as present performance of the worldwide Oxygen Pressure Regulator industry, and makes predictions on the future status of Oxygen Pressure Regulator market on the basis of this analysis.
Get Free…
