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U.S. Medical Coding Market Precise, Powerful, & Measurable

U.S. Medical Coding Market Analysis and Size

The U.S. medical coding market is expected to gain significant growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the U.S. medical coding market is growing with a CAGR of 10.4% in the forecast period of 2022 to 2029 and is expected to reach USD 10,173.10 million by 2029 from USD 4,705.13 million in 2021. Rising healthcare expenditure and escalation in innovation and technologies are major drivers which are expected to the growth of the market in the forecast period.

REPORT METRICDETAILSForecast Period2022 to 2029Country CoveredU.S.Market Players CoveredOptum360, Maxim Healthcare Group, Oracle, SSR Techvision, BillingParadise., Promantra Inc., Flatworld Solutions Pvt. Ltd., HMI Corporation, KIWI-TEK, LLC, EZDI, Inc., BellMedEx, GeBBS Healthcare Solutions, himagine solutions, 3M, Startek, Dolbey, MRA, Nuance Communications, Inc., Cerner Corporation, Mgsi LLC, Invensis Technologies Pvt Ltd, Offshore Billing Company, Eclat Health Solutions, Medical Billers and Coders (MBC), IKS Health, Vee Technologies, COTIVITI, INC., Advantmed, LLC, ApexonHealth, and AQuity Solutions

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U.S. Medical Coding Market Scope

On the basis of offering, the U.S. medical coding market is segmented into coding services, coding systems and software, data files, and others. In 2022, coding services segment is expected to dominate the U.S. medical coding market due to rising incidence of insurance frauds and growing demand to modernize hospital billing procedures.

On the basis of classification system, the U.S. medical coding market is segmented into international classification of diseases (ICD), CPT and healthcare common procedure code system (HCPCS). In 2022, international classification of diseases (ICD) segment is expected to dominate the U.S. medical coding market due to increase in chronic disease and a need of medical coding billing systems to ease the billing and reimbursement procedures.

On the basis of coding type, the U.S. medical coding market is segmented into computer-assisted and traditional. In 2022, computer-assisted segment is expected to dominate the U.S. medical coding market due to the shift toward technology-driven healthcare systems has been increased as well as the necessity & demand for medical coding systems.

On the basis of components, the U.S. medical coding market is segmented into in-house and outsourced. In 2022, in-house segment is expected to dominate the U.S. medical coding market due to the rising incidence of insurance frauds and growing demand to modernize hospital billing procedures.

On the basis of service type, the U.S. medical coding market is segmented into inpatient services, observation services, ambulatory or same-day surgery, diagnostic/ancillary services, recurring outpatient services, interventional radiology, inpatient rehabilitation services, others. In 2022, the inpatient services segment is expected to dominate the U.S. medical coding market due to the growing prevalence of chronic diseases and the surge in the geriatric population.

On the basis of end user, the U.S. medical coding market is segmented into hospitals, ambulatory surgery centers, insurance companies, government organizations, dental clinics, clinics, diagnostic centers, and others. In 2022, the hospitals segment is expected to dominate the U.S. medical coding market due to growing prevalence of chronic diseases and rising patient’s admission in hospitals for treatment.

On the basis of distribution channel, the U.S. medical coding market is segmented into direct tender, third party distributors. In 2022, the direct tender segment is expected to dominate the U.S. medical coding market due to full control over the sales and revenue process and direct interaction with the customers.  

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Major TOC of the Report

Introduction

Market Segmentation

Executive Summary

Premium Insights

U.S. Medical Coding Market: Regulations

Market Overview

U.S. Medical Coding Market, By Type

U.S. Medical Coding Market, By Source

U.S. Medical Coding Market, By Therapy

U.S. Medical Coding Market, By Transporting Capacity

U.S. Medical Coding Market, By Route of administration

U.S. Medical Coding Market, By Region

U.S. Medical Coding Market: Company Landscape

SWOT Analyses

Company Profile

Get TOC of the Report:-  

https://www.databridgemarketresearch.com/toc/?dbmr=us-medical-coding-market

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