Computer Assisted Coding Market is valued at USD 2.74 billion in 2017 and is projected to reach USD 6.45 billion by 2025, growing at a CAGR of 11.3% from 2017 to 2025.
Computer Assisted Coding is the solution adopted by many major industry players for better coding workflows, decreasing coding errors and increase accuracy of the coding, analyze large data and decrease time consumption.A computer assisted coding system (CACS) is software that analyzes healthcare documents and produces appropriate medical codes for specific phrases and terms within the document.
Sample Infographics:
1. Market Drivers
1.1 Implementation of ICT-10 Standards
1.2 More usage of HER systems
1.3 Cost reduction benefits
1.4 Better Patient data management
1.5 Popularity amongst physicians to handle outpatient settings using CAC
2. Market Restraints
2.1 High implementation cost
2.2 Lack of IT Professionals
Market Segmentation:
Computer Assisted Coding Marketis segmented on the basis of:
1. Computer Assisted Coding Market, byProduct and service:
1.1 Software
1.1.1 Standalone software
1.1.1.1 Structured input software
1.1.2 Integrated Software
1.2 Services
1.2.1 Support and maintenance
1.2.2 Education and training
2. Computer Assisted Coding Market, by Mode of Delivery:
2.1 Web based
2.2 Cloud based
2.3 On premise
3. Computer Assisted Coding Market, by Application:
3.1 Automated Computer assisted encoding
3.2 Management Reporting And Analytics
3.3 Clinical Coding auditing
4. Computer Assisted Coding Market, end user:
4.1 Hospitals
4.2 Physicians
4.3 Academic Medical Centers
4.4 Clinical labs and diagnosis centers
4.5other healthcare providers
5. Computer Assisted Coding Market, by Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, Japan, India, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5Rest of the World
Competitive Landscape:
The major players in the market are as follows:
1. 3M Company
2. Optum, Inc.
3. Nuance Communications, Inc.
4. Cerner Corporation
5. Mckesson Corporation
6. Dolbey Systems, Inc.
7. Artificial Medical Intelligence, Inc.
8. Craneware PLC.
9. Athenahealth, Inc.
10. Streamline Health Solutions, Inc.
11. Trucode
12. M*Modal IP LLC
13. Quest Diagnostics Incorporated
14. EPIC Systems Corporation
15. Precyse Solutions, LLC (Nthrive, Inc.)
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Computer Assisted Coding Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.
1 INTRODUCTION OF GLOBAL COMPUTER ASSISTED CODING MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL COMPUTER ASSISTED CODING MARKETOUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.3 Porter's Five Force Model
4.4 Value Chain Analysis
4.5 Regulatory Framework
5 GLOBAL COMPUTER ASSISTED CODING MARKET, BY PRODUCT AND SERVICE:
5.1 Software
5.1.1 Standalone software
5.1.1.1 Structured input software
5.1.2 Integrated Software
5.2 Services
5.2.1 Support and maintenance
5.2.2 Education and training
6 GLOBAL COMPUTER ASSISTED CODING MARKET, BY MODE OF DELIVERY:
6.1 Web based
6.2 Cloud based
6.3 On premise
7 GLOBAL COMPUTER ASSISTED CODING MARKET, BY APPLICATION:
7.1 Automated Computer assisted encoding
7.2 Management Reporting And Analytics
7.3 Clinical Coding auditing
8 GLOBAL COMPUTER ASSISTED CODING MARKET, END USER:
8.1 Hospitals
8.2 Physicians
8.3 Academic Medical Centers
8.4 Clinical labs and diagnosis centers
8.5 other healthcare providers
9 GLOBAL COMPUTER ASSISTED CODING MARKET, BY GEOGRAPHY
9.1 Overview
9.2 North America
9.2.1 U.S.
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 U.K.
9.3.3 France
9.3.4 Rest of Europe
9.4 Asia Pacific
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 Rest of Asia Pacific
9.5 Latin America
9.5.1 Brazil
9.5.2 Argentina
9.6 Rest of the World
10 GLOBAL COMPUTER ASSISTED CODING MARKETCOMPETITIVE LANDSCAPE
10.1 Overview
10.2 Company Market Share
10.3 Vendor Landscape
10.4 Key Development Strategies
11 COMPANY PROFILES
11.1 3M Company
11.1.1 Overview
11.1.2 Financial Performance
11.1.3 Product Outlook
11.1.4 Key Developments
11.2 Optum, Inc.
11.2.1 Overview
11.2.2 Financial Performance
11.2.3 Product Outlook
11.2.4 Key Developments
11.3 Nuance Communications, Inc.
11.3.1 Overview
11.3.2 Financial Performance
11.3.3 Product Outlook
11.3.4 Key Developments
11.4 Cerner Corporation
11.4.1 Overview
11.4.2 Financial Performance
11.4.3 Product Outlook
11.4.4 Key Developments
11.5 Mckesson Corporation
11.5.1 Overview
11.5.2 Financial Performance
11.5.3 Product Outlook
11.5.4 Key Developments
11.6 Dolbey Systems, Inc.
11.6.1 Overview
11.6.2 Financial Performance
11.6.3 Product Outlook
11.6.4 Key Developments
11.7 Artificial Medical Intelligence, Inc.
11.7.1 Overview
11.7.2 Financial Performance
11.7.3 Product Outlook
11.7.4 Key Developments
11.8 Craneware PLC.
11.8.1 Overview
11.8.2 Financial Performance
11.8.3 Product Outlook
11.8.4 Key Developments
11.9 Athenahealth, Inc.
11.9.1 Overview
11.9.2 Financial Performance
11.9.3 Product Outlook
11.9.4 Key Developments
11.10 Streamline Health Solutions, Inc.
9.10.1 Overview
9.10.2 Financial Performance
9.10.3 Product Outlook
9.10.4Key Development
11.11 Trucode
9.10.1 Overview
9.10.2 Financial Performance
9.10.3 Product Outlook
9.10.4Key Development
11.12 M*Modal IP LLC
9.10.1 Overview
9.10.2 Financial Performance
9.10.3 Product Outlook
9.10.4Key Development
11.13 Quest Diagnostics Incorporated
9.10.1 Overview
9.10.2 Financial Performance
9.10.3 Product Outlook
9.10.4Key Development
11.14 EPIC Systems Corporation
9.10.1 Overview
9.10.2 Financial Performance
9.10.3 Product Outlook
9.10.4Key Development
11.15 Precyse Solutions, LLC (Nthrive, Inc.)
9.10.1 Overview
9.10.2 Financial Performance
9.10.3 Product Outlook
9.10.4Key Development
12 Appendix
12.1 Related Reports
The Smart Assisted Living Platforms Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, man...
The Coding Skills Development Services Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, ...
The Integrated Mental Health Billing and Coding Solutions Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, comp...
The Online Coding Platforms Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, manufacture...
The Medical Coding Software Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, manufacture...
The Assisted living Management Systems Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, ...
The Computer Recycling Service Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, manufact...
The Intelligent Assisted Driving Chips Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, ...
The Assisted and Automated Driving Control Units Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive l...
The Industrial Coding and Marking Machine Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscap...