PUBLISHER: TechNavio | PRODUCT CODE: 1915684
PUBLISHER: TechNavio | PRODUCT CODE: 1915684
Global AI In Medical Coding Market 2025-2029
The global AI in medical coding market is forecasted to grow by USD 3404.9 mn during 2024-2029, accelerating at a CAGR of 16.0% during the forecast period. The report on the global AI in medical coding market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by imperative for enhanced coding accuracy and efficiency, addressing critical shortage of skilled medical coders, rapid advancements in natural language processing technology.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2029 |
| Series Year | 2025-2029 |
| Growth Momentum | Accelerate |
| YOY 2025 | 14.2% |
| CAGR | 16% |
| Incremental Value | $3404.9 mn |
Technavio's global AI in medical coding market is segmented as below:
By Application
- Automated coding
- Fraud and error detection
- Data analysis
- Others
By Technology
- Natural language processing
- Machine learning
- Robotic process automation
By Type
- Outsourced
- In-house
Geography
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- The Netherlands
- APAC
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Middle East and Africa
- UAE
- South Africa
- Turkey
- South America
- Brazil
- Argentina
- Colombia
- Rest of World (ROW)
This study identifies the ascendancy of generative AI and natural language processing as one of the prime reasons driving the global AI in medical coding market growth during the next few years. Also, emergence of autonomous coding and workflow automation and ai driven enhancement of clinical documentation improvement will lead to sizable demand in the market.
The report on the global AI in medical coding market covers the following areas:
- Global AI in medical coding market sizing
- Global AI in medical coding market forecast
- Global AI in medical coding market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global AI in medical coding market vendors that include 3M Co., AGS Health LLC, Aideo Technologies LLC, CodaMetrix, CureMD, Datavant, Dolbey Systems Inc., Fathom Health, FinThrive Inc., GaleAI Inc., GeBBS Healthcare Solutions Inc., HealthOrbit AI, Medicodio Inc., MiMedx Group Inc., Nuance Communications Inc., Nym Health, Optum, XpertDox LLC. Also, the global AI in medical coding market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Market Segmentation by Technology
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- 2.3 Factors of disruption
- 2.4 Impact of drivers and challenges
3 Market Landscape
- 3.1 Market ecosystem
- 3.2 Market characteristics
- 3.3 Value chain analysis
4 Market Sizing
- 4.1 Market definition
- 4.2 Market segment analysis
- Market segments
- 4.3 Market size 2024
- 4.4 Market outlook: Forecast for 2024-2029
5 Historic Market Size
- 5.1 Global AI In Medical Coding Market 2019 - 2023
- Historic Market Size - Data Table on Global AI In Medical Coding Market 2019 - 2023 ($ million)
- 5.2 Application segment analysis 2019 - 2023
- Historic Market Size - Application Segment 2019 - 2023 ($ million)
- 5.3 Technology segment analysis 2019 - 2023
- Historic Market Size - Technology Segment 2019 - 2023 ($ million)
- 5.4 Type segment analysis 2019 - 2023
- Historic Market Size - Type Segment 2019 - 2023 ($ million)
- 5.5 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ million)
- 5.6 Country segment analysis 2019 - 2023
- Historic Market Size - Country Segment 2019 - 2023 ($ million)
6 Five Forces Analysis
- 6.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
- 6.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
- 6.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
- 6.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
- 6.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
- 6.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
- 6.7 Market condition
7 Market Segmentation by Application
- 7.1 Market segments
- 7.2 Comparison by Application
- 7.3 Automated coding - Market size and forecast 2024-2029
- 7.4 Fraud and error detection - Market size and forecast 2024-2029
- 7.5 Data analysis - Market size and forecast 2024-2029
- 7.6 Others - Market size and forecast 2024-2029
- 7.7 Market opportunity by Application
- Market opportunity by Application ($ million)
8 Market Segmentation by Technology
- 8.1 Market segments
- 8.2 Comparison by Technology
- 8.3 Natural language processing - Market size and forecast 2024-2029
- 8.4 Machine learning - Market size and forecast 2024-2029
- 8.5 Robotic process automation - Market size and forecast 2024-2029
- 8.6 Market opportunity by Technology
- Market opportunity by Technology ($ million)
9 Market Segmentation by Type
- 9.1 Market segments
- 9.2 Comparison by Type
- 9.3 Outsourced - Market size and forecast 2024-2029
- 9.4 In-house - Market size and forecast 2024-2029
- 9.5 Market opportunity by Type
- Market opportunity by Type ($ million)
10 Customer Landscape
- 10.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
11 Geographic Landscape
- 11.1 Geographic segmentation
- 11.2 Geographic comparison
- 11.3 North America - Market size and forecast 2024-2029
- 11.3.1 US - Market size and forecast 2024-2029
- 11.3.2 Canada - Market size and forecast 2024-2029
- 11.3.3 Mexico - Market size and forecast 2024-2029
- 11.4 Europe - Market size and forecast 2024-2029
- 11.4.1 Germany - Market size and forecast 2024-2029
- 11.4.2 UK - Market size and forecast 2024-2029
- 11.4.3 France - Market size and forecast 2024-2029
- 11.4.4 Italy - Market size and forecast 2024-2029
- 11.4.5 Spain - Market size and forecast 2024-2029
- 11.4.6 The Netherlands - Market size and forecast 2024-2029
- 11.5 APAC - Market size and forecast 2024-2029
- 11.5.1 China - Market size and forecast 2024-2029
- 11.5.2 Japan - Market size and forecast 2024-2029
- 11.5.3 India - Market size and forecast 2024-2029
- 11.5.4 South Korea - Market size and forecast 2024-2029
- 11.5.5 Australia - Market size and forecast 2024-2029
- 11.5.6 Indonesia - Market size and forecast 2024-2029
- 11.6 Middle East and Africa - Market size and forecast 2024-2029
- 11.6.1 UAE - Market size and forecast 2024-2029
- 11.6.2 Saudi Arabia - Market size and forecast 2024-2029
- 11.6.3 South Africa - Market size and forecast 2024-2029
- 11.6.4 Israel - Market size and forecast 2024-2029
- 11.6.5 Turkey - Market size and forecast 2024-2029
- 11.7 South America - Market size and forecast 2024-2029
- 11.7.1 Brazil - Market size and forecast 2024-2029
- 11.7.2 Argentina - Market size and forecast 2024-2029
- 11.7.3 Colombia - Market size and forecast 2024-2029
- 11.8 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)
12 Drivers, Challenges, and Opportunity
- 12.1 Market drivers
- Imperative for enhanced coding accuracy and efficiency
- Addressing critical shortage of skilled medical coders
- Rapid advancements in natural language processing technology
- 12.2 Market challenges
- High cost of implementation and integration
- Data privacy and security concerns
- Algorithmic bias and data quality
- 12.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
- 12.4 Market opportunities
- Ascendancy of generative AI and natural language processing
- Emergence of autonomous coding and workflow automation
- AI driven enhancement of clinical documentation improvement
13 Competitive Landscape
- 13.1 Overview
- 13.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 13.3 Landscape disruption
- Overview on factors of disruption
- 13.4 Industry risks
- Impact of key risks on business
14 Competitive Analysis
- 14.1 Companies profiled
- Companies covered
- 14.2 Company ranking index
- Company ranking index
- 14.3 Market positioning of companies
- Matrix on companies position and classification
- 14.4 3M Co.
- 3M Co. - Overview
- 3M Co. - Business segments
- 3M Co. - Key news
- 3M Co. - Key offerings
- 3M Co. - Segment focus
- SWOT
- 14.5 AGS Health LLC
- AGS Health LLC - Overview
- AGS Health LLC - Product / Service
- AGS Health LLC - Key offerings
- SWOT
- 14.6 Aideo Technologies LLC
- Aideo Technologies LLC - Overview
- Aideo Technologies LLC - Product / Service
- Aideo Technologies LLC - Key offerings
- SWOT
- 14.7 CureMD
- CureMD - Overview
- CureMD - Product / Service
- CureMD - Key offerings
- SWOT
- 14.8 Datavant
- Datavant - Overview
- Datavant - Product / Service
- Datavant - Key offerings
- SWOT
- 14.9 Dolbey Systems Inc.
- Dolbey Systems Inc. - Overview
- Dolbey Systems Inc. - Product / Service
- Dolbey Systems Inc. - Key offerings
- SWOT
- 14.10 Fathom Health
- Fathom Health - Overview
- Fathom Health - Product / Service
- Fathom Health - Key offerings
- SWOT
- 14.11 FinThrive Inc.
- FinThrive Inc. - Overview
- FinThrive Inc. - Product / Service
- FinThrive Inc. - Key offerings
- SWOT
- 14.12 GaleAI Inc.
- GaleAI Inc. - Overview
- GaleAI Inc. - Product / Service
- GaleAI Inc. - Key offerings
- SWOT
- 14.13 HealthOrbit AI
- HealthOrbit AI - Overview
- HealthOrbit AI - Product / Service
- HealthOrbit AI - Key offerings
- SWOT
- 14.14 Medicodio Inc.
- Medicodio Inc. - Overview
- Medicodio Inc. - Product / Service
- Medicodio Inc. - Key offerings
- SWOT
- 14.15 Nuance Communications Inc.
- Nuance Communications Inc. - Overview
- Nuance Communications Inc. - Product / Service
- Nuance Communications Inc. - Key offerings
- SWOT
- 14.16 Nym Health
- Nym Health - Overview
- Nym Health - Product / Service
- Nym Health - Key offerings
- SWOT
- 14.17 Optum
- Optum - Overview
- Optum - Product / Service
- Optum - Key offerings
- SWOT
- 14.18 XpertDox LLC
- XpertDox LLC - Overview
- XpertDox LLC - Product / Service
- XpertDox LLC - Key offerings
- SWOT
15 Appendix
- 15.1 Scope of the report
- Market definition
- Objectives
- Notes and caveats
- 15.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 15.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 15.4 Research methodology
- Research methodology
- 15.5 Data procurement
- Information sources
- 15.6 Data validation
- Data validation
- 15.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 15.8 Data synthesis
- Data synthesis
- 15.9 360 degree market analysis
- 360 degree market analysis
- 15.10 List of abbreviations
- List of abbreviations
