Computer Assisted Coding Market Is Expected to Reach $3.5 billion by 2019


Posted August 2, 2016 by priyankat

The Global Computer assisted Coding Market Is Expected to Reach $3.5 billion by 2019

 
The report “Computer Assisted Coding Market by Software (Natural language processing, Structured input, Integrated), by Application (Automated encoding, Management reporting, Clinical code auditing & analytics), & by End User - Global Forecast to 2019 ”, The Global Computer assisted Coding Market Is Expected to Reach $3.5 billion by 2019

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Major players in the computer-assisted coding market include 3M Health Information Systems (U.S.), OptumInsight, Inc. (U.S.), McKesson Corporation (U.S.), Nuance Communications (U.S.), Cerner Corporation (U.S.), Dolbey Systems, Inc. (U.S.), Precyse Solutions LLC (U.S.), Craneware plc (U.S.), Artificial Medical Intelligence (U.S.), and TruCode (U.S.).

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In 2013, North America accounted for the largest share of the computer-assisted coding market, followed by Europe and Asia-Pacific. The presence of a large number of computer-assisted coding solution market players in the North American region, developed healthcare IT infrastructure, and technological advancements such as implementation of ICD-10 has led to a large market share of North America in the global computer-assisted coding market. However, the APAC region represents the highest growth opportunity for the computer-assisted coding market during the forecast period. Growing investments by emerging countries such as China, India, and Brazil in the CAC solution sector, rising need for better healthcare, and increasing government initiatives globally are expected to propel the growth of this market

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The global computer-assisted coding market is experiencing a high growth during the recent years. CAC solutions are increasingly used to reduce coding errors, increase coder productivity, and offer quality healthcare. This can be attributed to various factors such as rapid growth in the number of healthcare facilities, increasing insurance claim reimbursement, and favorable government in the computer-assisted coding market.
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Last Updated August 2, 2016