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Global Computer Assisted Coding market Set to Grow at Healthy CAGR of 11.3% by 2026

Computer Assisted Coding market

Computer assisted coding market report delivers a detailed study with present and upcoming Opportunities to clarify the future investment and business plans of the market. The report contains complete analysis regarding type and applications, featuring the key business resources and provides an in-depth survey of top key vendors. This analysis gives an examination of various segments that are relied upon to witness the quickest development amid the estimate forecast frame. The report includes key business strategies for a successful business development plan and it also throws light on key factors which have a strong influence on computer assisted coding market development trends with Porter’s Five Forces model Analysis.

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Global Computer Assisted Coding market was valued at USD 2.5 billion in 2016, and is registering a CAGR of 11.3% by the end of 2024.Healthcare sectors need to store and manage the large amount of patient’s medical record. These records are of patient’s personal data and treatment history. To manually handle all these important records is tedious for administrative. Therefore computer assisted coding software intent to resolve such issues by analyzing the medical record to extract needful information. The productivity and reduced process time boosts the market.

It provides the detailed overview of the growth rate with respect to the application spectrum. The report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving. Revenue growth and Profitability of the particular product is also mentioned in the report.This report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.

Top Prominent players like;

3M, Optum, Nuance Communications, McKesson, Cerner Corporation, Dolbey, nThrive, Craneware, Artificial Medical Intelligence, TruCode, M*Modal, Streamline Healthcare Solutions, LLC, Epic, athenahealth, Quest Diagnostics, M-Scribe Medical Billing Services, LLC, ezDI Inc – Healthcare solutions, Coding Strategies, iMedX, ZyDoc MediSapien, HRS Coding, GroupOne Health Source, Inc., One Voice Technologies, OneVoice Data, QuadraMed Healthcare Identity Experts, Affinity, Inc., PrecyseTech, Alpha II, LLC and other.

In recent years, EHRs (Electronic Health Records) have implemented by an ever-increasing number of hospitals around the globe. EHR implementation initiatives by the government are increasing the EHR adoption by the hospitals. The United States is one of the countries which has experienced a remarkable increase in electronic health record adoption, this is mainly due to the Health Information Technology for Economic and Clinical Health (HITECH) Act and the Centers for Medicare and Medicaid Services (CMS) EHR Incentive Program. The HITECH Act provoked healthcare organizations to implement these EHR systems by offering an incentive program to eligible short-term acute care hospitals.

North America to Dominate the Computer Assisted Coding Market

North America is the biggest market for global Computer Assisted Coding market due to owing to the growing investment from key players in the development of these software’s, and government initiatives in the region, such as the HITECH act. And even the adoption rate of new software’s and its usage is more in this region. These factors are making the North America region to have the highest market share in Computer Assisted Coding market.

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Market Segmentation: Global Computer Assisted Coding Market

On the basis of application the market is further sub segmented into

  • automated computer-assisted encoding,
  • management reporting
  • analytics and clinical coding auditing

On the basis of geography, global computer assisted coding market report covers data points for 28 countries across multiple geographies such as

  • North America & South America,
  • Europe,
  • Asia-Pacific, and
  • Middle East & Africa

Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

Global computer Market assisted coding market the market is segmented by product and service into

  • software and
  • services

Software is further sub segmented into standalone software and integrated software. Standalone Software is again sub segmented into natural language processing software and structured input software. Services is further segmented into support & maintenance and education & training.

By mode of delivery the market is segmented into

  • web-based solutions,
  • on-premise solutions,
  • cloud-based solutions

By end user the

  • hospitals,
  • physician practices,
  • academic medical centers,
  • clinical laboratories and diagnostic centers,
  • other healthcare providers and payers

TOC: Global Computer Assisted Coding Market

Sections 1. Industry Synopsis of Global Computer Assisted Coding Market.
Sections 2. Computer Assisted Coding Market Size by Type and Application.
Sections 3. Computer Assisted Coding Market Organization Producers analysis and Profiles.
Sections 4. Global Computer Assisted Coding Market Analysis by key traders.
Sections 5. Development Status and Outlook of Computer Assisted Coding Market in the United States.
Sections 6. Europe Computer Assisted Coding Industry Report Development Status and Outlook.
Sections 7. Japan Computer Assisted Coding Industry Report Development Status and Outlook.
Sections 8. China Computer Assisted Coding Market Report Development Status and Outlook.
Sections 9. India Computer Assisted Coding Market Development Status and Outlook.
Sections 10. Southeast Asia Computer Assisted Coding Market Improvement Status and Outlook.
Sections 11. Computer Assisted Coding Market Figure by Areas, Applications, and Sorts
Sections 12. Computer Assisted Coding Market Dynamics.
Sections 13. Computer Assisted Coding Market Factors Analysis
Sections 14. Research Findings and Conclusions of Computer Assisted Coding Market.
Sections 15. Appendix.

Brief about this Report with TOC@ http://databridgemarketresearch.com/toc/?dbmr=global-computer-assisted-coding-market

Key Points & company Analysis

The global computer assisted coding market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of computer assisted coding market for global, Europe, North America, Asia Pacific and South America.

Major Market Drivers and Restraints for this report:

  • Increasing use of CAC solutions to control the rising healthcare costs.
  • Provides precise coding.
  • High price of computer assisted coding system.
  • Rise in usage of electronic health record system.
  • Growing governing requirements for patient data management.
  • Rising implementation of cloud-based solutions.

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