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Global Computer Assisted Coding Market (2022-2027) by Products and Services, Mode of Delivery, Application, End Users, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

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  • 180 Pages
  • June 2022
  • Region: Global
  • Infogence Global Research
  • ID: 5635541
The Global Computer Assisted Coding Market is estimated to be USD 4.12 Bn in 2022 and is expected to reach USD 7.04 Bn by 2027, growing at a CAGR of 11.31%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the Global Computer Assisted Coding Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals. As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

The Global Computer Assisted Coding Market is segmented based on Products and Services, Mode of Delivery, Application, End Users, and Geography.
  • By Products and Services, the market is classified into Software and Services.
  • By Mode of Delivery, the market is classified into Web-Based Solutions, On-Premise Solutions, and Cloud-Based Solutions.
  • By Application, the market is classified into Automated Computer-Assisted Encoding, Management Reporting and Analytics, and Clinical Coding Auditing.
  • By End Users, the market is classified into Hospitals & Clinics, Clinical Laboratories and Diagnostic Centers, and Payers.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are 3M Company, Cerner Corp., Epic Systems Corp., ezDI, Inc., McKesson Corp., Precyse Solutions LLC, ZyDoc Medical Transcription, LLC, etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Computer Assisted Coding Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach. The analyst analyses the Global Computer Assisted Coding Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position. Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Computer Assisted Coding Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including the parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global Computer Assisted Coding Market

What is the estimated value of the Global Computer Assisted Coding Market?

The Global Computer Assisted Coding Market was estimated to be valued at $4.12 Billion in 2022.

What is the growth rate of the Global Computer Assisted Coding Market?

The growth rate of the Global Computer Assisted Coding Market is 11.3%, with an estimated value of $7.04 Billion by 2027.

What is the forecasted size of the Global Computer Assisted Coding Market?

The Global Computer Assisted Coding Market is estimated to be worth $7.04 Billion by 2027.

Who are the key companies in the Global Computer Assisted Coding Market?

Key companies in the Global Computer Assisted Coding Market include 3M Company, Artificial Medical Intelligence, Inc., Athenahealth, Inc., Alpha II, LLC, AltexSoft, Craneware, Inc., Cerner Corp., Coronis IT Systems Pvt. Ltd., Dolbey Systems, Inc. and Epic Systems Corp..

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations, and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Rising Adoption of CAC Solutions to Shorten the Healthcare Costs
4.1.2 Increasing Acquisition of EHR Systems
4.1.3 Increasing Attention on Physician Computer-Assisted Coding in Outpatient Settings
4.2 Restraints
4.2.1 High Installation and Maintenance Costs
4.2.2 Lack of On-Site and In-House CAC Domain Knowledge
4.3 Opportunities
4.3.1 Natural Language Processing-Enabled CAC Solutions
4.3.2 Growing Adoption of Cloud-Based Solutions
4.4 Challenges
4.4.1 Reluctance Among Healthcare Providers in Emerging Markets to Adopt CAC Solutions
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 Global Computer Assisted Coding Market, By Products and Services
6.1 Introduction
6.2 Software
6.2.1 Standalone Software
6.2.2 Integrated Software
6.3 Services
6.3.1 Support and Maintenance
6.3.2 Education and Training
7 Global Computer Assisted Coding Market, By Mode of Delivery
7.1 Introduction
7.2 Web-Based Solutions
7.3 On-Premise Solutions
7.4 Cloud-Based Solutions
8 Global Computer Assisted Coding Market, By Application
8.1 Introduction
8.2 Automated Computer-Assisted Encoding
8.3 Management Reporting and Analytics
8.4 Clinical Coding Auditing
9 Global Computer Assisted Coding Market, By End Users
9.1 Introduction
9.2 Hospitals & Clinics
9.3 Clinical Laboratories and Diagnostic Centers
9.4 Payers
10 Americas’ Computer Assisted Coding Market
10.1 Introduction
10.2 Argentina
10.3 Brazil
10.4 Canada
10.5 Chile
10.6 Colombia
10.7 Mexico
10.8 Peru
10.9 United States
10.10 Rest of Americas
11 Europe’s Computer Assisted Coding Market
11.1 Introduction
11.2 Austria
11.3 Belgium
11.4 Denmark
11.5 Finland
11.6 France
11.7 Germany
11.8 Italy
11.9 Netherlands
11.10 Norway
11.11 Poland
11.12 Russia
11.13 Spain
11.14 Sweden
11.15 Switzerland
11.16 United Kingdom
11.17 Rest of Europe
12 Middle East and Africa’s Computer Assisted Coding Market
12.1 Introduction
12.2 Egypt
12.3 Israel
12.4 Qatar
12.5 Saudi Arabia
12.6 South Africa
12.7 United Arab Emirates
12.8 Rest of MEA
13 APAC’s Computer Assisted Coding Market
13.1 Introduction
13.2 Australia
13.3 Bangladesh
13.4 China
13.5 India
13.6 Indonesia
13.7 Japan
13.8 Malaysia
13.9 Philippines
13.10 Singapore
13.11 South Korea
13.12 Sri Lanka
13.13 Thailand
13.14 Taiwan
13.15 Rest of Asia-Pacific
14 Competitive Landscape
14.1 Competitive Quadrant
14.2 Market Share Analysis
14.3 Strategic Initiatives
14.3.1 M&A and Investments
14.3.2 Partnerships and Collaborations
14.3.3 Product Developments and Improvements
15 Company Profiles
15.1 3M Company
15.2 Artificial Medical Intelligence, Inc.
15.3 Athenahealth, Inc.
15.4 Alpha II, LLC
15.5 AltexSoft
15.6 Craneware, Inc.
15.7 Cerner Corp.
15.8 Coronis IT Systems Pvt. Ltd
15.9 Dolbey Systems, Inc.
15.10 Epic Systems Corp.
15.11 ezDI, Inc.
15.12 ForeSee Medical, Inc.
15.13 G2.com, Inc.
15.14 HRS, Inc.
15.15 iMedX, Inc.
15.16 KLAS Research, LLC
15.17 McKesson Corp.
15.18 Nuance Communications, Inc.
15.19 Hyland Software, Inc.
15.20 Optum, Inc.
15.21 Precyse Solutions LLC
15.22 Quest Diagnostics Inc.
15.23 Streamline Health Solutions, Inc.
15.24 ZyDoc Medical Transcription, LLC
16 Appendix
16.1 Questionnaire

Companies Mentioned

  • 3M Company
  • Artificial Medical Intelligence, Inc.
  • Athenahealth, Inc.
  • Alpha II, LLC
  • AltexSoft
  • Craneware, Inc.
  • Cerner Corp.
  • Coronis IT Systems Pvt. Ltd.
  • Dolbey Systems, Inc.
  • Epic Systems Corp.
  • ezDI, Inc.
  • ForeSee Medical, Inc.
  • G2.com, Inc.
  • HRS, Inc.
  • iMedX, Inc.
  • KLAS Research, LLC
  • McKesson Corp.
  • Nuance Communications, Inc.
  • Hyland Software, Inc.
  • Optum, Inc.
  • Precyse Solutions LLC
  • Quest Diagnostics Inc.
  • Streamline Health Solutions, Inc.
  • ZyDoc Medical Transcription, LLC