The global computer-assisted coding market is valued at USD 2.76 Billion in 2017 and is expected to register a CAGR of 11.5% to reach to USD 4.75 Billion by 2022. The growth of the market can be attributed to the transition to ICD-10 coding standards from ICD-9 in North America, the growing demand for CAC solutions, the growing need within the global healthcare system to curtail increasing healthcare costs, improve coding accuracy, and streamline the revenue cycle management procedures.

Years considered for this report

2016 – Base Year
2017 – Estimated Year
2022 – Projected Year
Objectives of the Study

To define, describe, and forecast the global computer-assisted coding market on the basis of product and service, mode of delivery, application, end user, and region.
To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, challenges, and trends)
To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market players
To forecast the size of the computer-assisted coding market, in five main regions, namely, North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa
To profile key players in the global market and comprehensively analyze their core competencies and market shares
To track and analyze competitive developments such as expansions, partnerships, and alliances; mergers and acquisitions; new product/technology developments; and research and development activities of the leading players in the market


Research Methodology

Top-down and bottom-up approaches were used to validate the size of the global computer assisted coding market and estimate the size of various other dependent submarkets. Major players in the market were identified through secondary sources secondary sources; directories; databases such as Hoovers, Bloomberg Businessweek, Factiva, and OneSource, journals and associations such as American Health Information Management Association, Ohio Health Information Management Association and their market revenues were determined through primary and secondary research. Secondary research included the study of the annual and financial reports of top market players, whereas primary research included extensive interviews with the key opinion leaders such as CEOs, directors, and marketing executives. The percentage splits, shares, and breakdowns of the product markets were determined using secondary sources and verified through primary sources. All possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. This data is consolidated and added with detailed inputs and analysis from MarketsandMarkets and presented in this report.

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The global computer-assisted coding market is consolidated in nature with the top three players, namely, 3M Health Information Systems (U.S.), Optum, Inc. (U.S.), and Nuance Communications, Inc. (U.S.) accounting for ~60% of the market share in 2016. The other leading players in this market include McKesson Corporation (U.S.) Dolbey Systems, Inc. (U.S.), Precyse Solutions, LLC (U.S.), Artificial Medical Intelligence, Inc. (U.S.), Streamline Health Solutions, LLC (U.S.), and TruCode (U.S.), who collectively accounted for a share of ~40% of the market in 2016. The market has numerous smaller players operating at both global and regional levels as well. Some of the other leading players in this market include Craneware plc (U.K.), athenahealth, Inc. (U.S.), MMODAL IP LLC (M*Modal) (U.S.), TruCode (U.S.), Quest Diagnostics Inc. (U.S.), and Epic Systems Corporation (U.S.). The leading players are continuously developing new and innovative products to maintain their shares in the computer-assisted coding market.

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