Global Computer Assisted Coding Market Size study, By Product, By Mode of Delivery, By Application, By End User, and Regional Forecasts 2022-2028

Description

List of Tables

Global Computer Assisted Coding Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Computer Assisted Coding can be defined as software-based solution that takes a medical record as input, processes it to find specific words or phrases, and supplies the applicable medical codes. CAC offers generation of medical codes directly from clinical documentation. CAC solutions not only improves productivity and coding accuracy, but it also improves quality metrics and hospital reimbursement. Increasing usage of electronic health record (EHR) Systems and growing adoption of computer assisted coding (CAC) solutions as well as surging focus towards patient data management are key drivers for growth of Computer Assisted Coding Market. For instance, according to Statista - in 2020, the global market for electronic health records (EHR) was valued at USD 29 billion and, the market of EHRs globally is forecasted to grow to USD 47 billion by end of 2027. Furthermore, in May 2021, Columbus, Ohio based Healthcare AI company Olive entered in a partnership with Taiwan based ASUS, to launch a new AI medical coding assistant named ASUS Miraico for healthcare providers via the Olive Helps platform. The partnership combines ASUS' technical competencies with Olive's expertise in improving healthcare operations via workflow automations. Also, growing usage of cloud-based solutions in healthcare and rising healthcare infrastructure in emerging economies are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, high deployment cost pertaining to on premises solutions and dearth of required professional expertise impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Computer Assisted Coding Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to presence of leading market players and growing technological advancements in healthcare sector in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as rising healthcare infrastructure and increasing penetration of clinical research organizations in the regions, would create lucrative growth prospects for the Computer Assisted Coding Market across the Asia Pacific region.

Major market players included in this report are:

3M Inc.

Optum Inc.

Nuance Communications, Inc.

McKesson Corporation

Cerner Corporation

Dolbey Systems Inc.

Craneware, Inc.

Artificial Medical Intelligence

TruCode LLC

Streamline Healthcare Solutions

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product

Software

Services

By Mode of Delivery

Web-Based Solutions

On-Premises Solutions

Cloud-Based Solutions

By Application

Automated Computer-Assisted Encoding

Management Reporting and Analytics

Clinical Coding Auditing

By End User

Hospitals

Physician Practices

Academic Medical Centers

Clinical Laboratories

Diagnostic Centers

Other

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Computer Assisted Coding Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
- 1.2.1. Global Computer Assisted Coding Market, by Region, 2020-2028 (USD Million)
- 1.2.2. Global Computer Assisted Coding Market, by Product, 2020-2028 (USD Million)
- 1.2.3. Global Computer Assisted Coding Market, by Mode of Delivery, 2020-2028 (USD Million)
- 1.2.4. Global Computer Assisted Coding Market, by Application, 2020-2028 (USD Million)
- 1.2.5. Global Computer Assisted Coding Market, by End User, 2020-2028 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Computer Assisted Coding Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Computer Assisted Coding Market Dynamics

3.1. Computer Assisted Coding Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing usage of electronic health record (EHR) Systems.
  - 3.1.1.2. Growing adoption of computer assisted coding (CAC) solutions.
  - 3.1.1.3. Surging focus towards patient data management.
- 3.1.2. Market Challenges
  - 3.1.2.1. High deployment cost pertaining to on premises solutions.
  - 3.1.2.2. Dearth of required professional expertise.
- 3.1.3. Market Opportunities
  - 3.1.3.1. Growing usage of cloud-based solutions in healthcare.
  - 3.1.3.2. Rising healthcare infrastructure in emerging economies.

Chapter 4. Global Computer Assisted Coding Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Computer Assisted Coding Market, by Product

6.1. Market Snapshot
6.2. Global Computer Assisted Coding Market by Product, Performance - Potential Analysis
6.3. Global Computer Assisted Coding Market Estimates & Forecasts by Product 2018-2028 (USD Million)
6.4. Computer Assisted Coding Market, Sub Segment Analysis
- 6.4.1. Software
- 6.4.2. Services

Chapter 7. Global Computer Assisted Coding Market, by Mode of Delivery

7.1. Market Snapshot
7.2. Global Computer Assisted Coding Market by Mode of Delivery, Performance - Potential Analysis
7.3. Global Computer Assisted Coding Market Estimates & Forecasts by Mode of Delivery 2018-2028 (USD Million)
7.4. Computer Assisted Coding Market, Sub Segment Analysis
- 7.4.1. Web-Based Solutions
- 7.4.2. On-Premises Solutions
- 7.4.3. Cloud-Based Solutions

Chapter 8. Global Computer Assisted Coding Market, by Application

8.1. Market Snapshot
8.2. Global Computer Assisted Coding Market by Application, Performance - Potential Analysis
8.3. Global Computer Assisted Coding Market Estimates & Forecasts by Application 2018-2028 (USD Million)
8.4. Computer Assisted Coding Market, Sub Segment Analysis
- 8.4.1. Automated Computer-Assisted Encoding
- 8.4.2. Management Reporting and Analytics
- 8.4.3. Clinical Coding Auditing

Chapter 9. Global Computer Assisted Coding Market, by End User

9.1. Market Snapshot
9.2. Global Computer Assisted Coding Market by End User, Performance - Potential Analysis
9.3. Global Computer Assisted Coding Market Estimates & Forecasts by End User 2018-2028 (USD Million)
9.4. Computer Assisted Coding Market, Sub Segment Analysis
- 9.4.1. Hospitals
- 9.4.2. Physician Practices
- 9.4.3. Academic Medical Centers
- 9.4.4. Clinical Laboratories and Diagnostic Centers
- 9.4.5. Other

Chapter 10. Global Computer Assisted Coding Market, Regional Analysis

10.1. Computer Assisted Coding Market, Regional Market Snapshot
10.2. North America Computer Assisted Coding Market
- 10.2.1. U.S. Computer Assisted Coding Market
  - 10.2.1.1. Product estimates & forecasts, 2018-2028
  - 10.2.1.2. Mode of Delivery estimates & forecasts, 2018-2028
  - 10.2.1.3. Application estimates & forecasts, 2018-2028
  - 10.2.1.4. End User estimates & forecasts, 2018-2028
- 10.2.2. Canada Computer Assisted Coding Market
10.3. Europe Computer Assisted Coding Market Snapshot
- 10.3.1. U.K. Computer Assisted Coding Market
- 10.3.2. Germany Computer Assisted Coding Market
- 10.3.3. France Computer Assisted Coding Market
- 10.3.4. Spain Computer Assisted Coding Market
- 10.3.5. Italy Computer Assisted Coding Market
- 10.3.6. Rest of Europe Computer Assisted Coding Market
10.4. Asia-Pacific Computer Assisted Coding Market Snapshot
- 10.4.1. China Computer Assisted Coding Market
- 10.4.2. India Computer Assisted Coding Market
- 10.4.3. Japan Computer Assisted Coding Market
- 10.4.4. Australia Computer Assisted Coding Market
- 10.4.5. South Korea Computer Assisted Coding Market
- 10.4.6. Rest of Asia Pacific Computer Assisted Coding Market
10.5. Latin America Computer Assisted Coding Market Snapshot
- 10.5.1. Brazil Computer Assisted Coding Market
- 10.5.2. Mexico Computer Assisted Coding Market
10.6. Rest of The World Computer Assisted Coding Market

Chapter 11. Competitive Intelligence

11.1. Top Market Strategies
11.2. Company Profiles
- 11.2.1. 3M Inc.
  - 11.2.1.1. Key Information
  - 11.2.1.2. Overview
  - 11.2.1.3. Financial (Subject to Data Availability)
  - 11.2.1.4. Product Summary
  - 11.2.1.5. Recent Developments
- 11.2.2. Optum Inc.
- 11.2.3. Nuance Communications, Inc.
- 11.2.4. McKesson Corporation
- 11.2.5. Cerner Corporation
- 11.2.6. Dolbey Systems Inc.
- 11.2.7. Craneware, Inc.
- 11.2.8. Artificial Medical Intelligence
- 11.2.9. TruCode LLC
- 11.2.10. Streamline Healthcare Solutions

Chapter 12. Research Process

12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Computer Assisted Coding Market, report scope
TABLE 2. Global Computer Assisted Coding Market estimates & forecasts by Region 2018-2028 (USD Million)
TABLE 3. Global Computer Assisted Coding Market estimates & forecasts by Product 2018-2028 (USD Million)
TABLE 4. Global Computer Assisted Coding Market estimates & forecasts by Mode of Delivery 2018-2028 (USD Million)
TABLE 5. Global Computer Assisted Coding Market estimates & forecasts by Application 2018-2028 (USD Million)
TABLE 6. Global Computer Assisted Coding Market estimates & forecasts by End User 2018-2028 (USD Million)
TABLE 7. Global Computer Assisted Coding Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 8. Global Computer Assisted Coding Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 9. Global Computer Assisted Coding Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 10. Global Computer Assisted Coding Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 11. Global Computer Assisted Coding Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 12. Global Computer Assisted Coding Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 13. Global Computer Assisted Coding Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 14. Global Computer Assisted Coding Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 15. Global Computer Assisted Coding Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 16. Global Computer Assisted Coding Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 17. U.S. Computer Assisted Coding Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 18. U.S. Computer Assisted Coding Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 19. U.S. Computer Assisted Coding Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 20. Canada Computer Assisted Coding Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 21. Canada Computer Assisted Coding Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 22. Canada Computer Assisted Coding Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 23. UK Computer Assisted Coding Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 24. UK Computer Assisted Coding Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 25. UK Computer Assisted Coding Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 26. Germany Computer Assisted Coding Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 27. Germany Computer Assisted Coding Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 28. Germany Computer Assisted Coding Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 29. RoE Computer Assisted Coding Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 30. RoE Computer Assisted Coding Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 31. RoE Computer Assisted Coding Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 32. China Computer Assisted Coding Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 33. China Computer Assisted Coding Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 34. China Computer Assisted Coding Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 35. India Computer Assisted Coding Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 36. India Computer Assisted Coding Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 37. India Computer Assisted Coding Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 38. Japan Computer Assisted Coding Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 39. Japan Computer Assisted Coding Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 40. Japan Computer Assisted Coding Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 41. RoAPAC Computer Assisted Coding Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 42. RoAPAC Computer Assisted Coding Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 43. RoAPAC Computer Assisted Coding Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 44. Brazil Computer Assisted Coding Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 45. Brazil Computer Assisted Coding Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 46. Brazil Computer Assisted Coding Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 47. Mexico Computer Assisted Coding Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 48. Mexico Computer Assisted Coding Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 49. Mexico Computer Assisted Coding Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 50. RoLA Computer Assisted Coding Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 51. RoLA Computer Assisted Coding Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 52. RoLA Computer Assisted Coding Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 53. Row Computer Assisted Coding Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 54. Row Computer Assisted Coding Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 55. Row Computer Assisted Coding Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 56. List of secondary sources, used in the study of global Computer Assisted Coding Market
TABLE 57. List of primary sources, used in the study of global Computer Assisted Coding Market
TABLE 58. Years considered for the study
TABLE 59. Exchange rates considered

LIST OF FIGURES

List of figures

FIG 1. Global Computer Assisted Coding Market, research methodology
FIG 2. Global Computer Assisted Coding Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Computer Assisted Coding Market, key trends 2021
FIG 5. Global Computer Assisted Coding Market, growth prospects 2022-2028
FIG 6. Global Computer Assisted Coding Market, porters 5 force model
FIG 7. Global Computer Assisted Coding Market, pest analysis
FIG 8. Global Computer Assisted Coding Market, value chain analysis
FIG 9. Global Computer Assisted Coding Market by segment, 2018 & 2028 (USD Million)
FIG 10. Global Computer Assisted Coding Market by segment, 2018 & 2028 (USD Million)
FIG 11. Global Computer Assisted Coding Market by segment, 2018 & 2028 (USD Million)
FIG 12. Global Computer Assisted Coding Market by segment, 2018 & 2028 (USD Million)
FIG 13. Global Computer Assisted Coding Market by segment, 2018 & 2028 (USD Million)
FIG 14. Global Computer Assisted Coding Market, regional snapshot 2018 & 2028
FIG 15. North America Computer Assisted Coding Market 2018 & 2028 (USD Million)
FIG 16. Europe Computer Assisted Coding Market 2018 & 2028 (USD Million)
FIG 17. Asia pacific Market 2018 & 2028 (USD Million)
FIG 18. Latin America Computer Assisted Coding Market 2018 & 2028 (USD Million)
FIG 19. Global Computer Assisted Coding Market, company Market share analysis (2021)