Global Medical Coding Market Size Study by Classification System (International Classification of Diseases (ICD), Healthcare Common Procedure Coding System (HCPCS)), by Component (In house & Outsourced), & by Region - Global Forecast 2017- 2025
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Global Medical Coding Market valued approximately USD xxxx billion in 2016 is anticipated to grow with a healthy growth rate of more than xx% over the forecast
Rising need for a universal language in medical documents in order to streamline hospital billing procedures is driving the growth of the market. Rising occurrence of insurance frauds and insurance issues associated with misinterpretation of medical documents is also driving demand for medical coding services, especially in developed countries. Frequent revision of classification systems, coupled with increasing adoption of coding and billing procedures in hospital revenue cycle management, is expected to generate significant growth opportunities during the forecast period.
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 Classification System:
Historical year – 2015
Base year – 2016
Forecast period – 2017 to 2025
Some of the key manufacturers involved in the market are- Oracle Corporation, Verisk Analytics, Aviacode.Inc, Parexel International Corporation, Maxim Health Information Services, Precyse Solutions, LLC, Medical Record Associates LLC & STARTEK Health.
Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Target Audience of the Global Medical Coding Market In Market Study:
Rising need for a universal language in medical documents in order to streamline hospital billing procedures is driving the growth of the market. Rising occurrence of insurance frauds and insurance issues associated with misinterpretation of medical documents is also driving demand for medical coding services, especially in developed countries. Frequent revision of classification systems, coupled with increasing adoption of coding and billing procedures in hospital revenue cycle management, is expected to generate significant growth opportunities during the forecast period.
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 Classification System:
- International Classification of Diseases (ICD)
- Healthcare Common Procedure Coding System (HCPCS)
- In House
- Outsourced
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- Asia Pacific
- China
- India
- Japan
- Latin America
- Brazil
- Mexico
- Rest of the World
Historical year – 2015
Base year – 2016
Forecast period – 2017 to 2025
Some of the key manufacturers involved in the market are- Oracle Corporation, Verisk Analytics, Aviacode.Inc, Parexel International Corporation, Maxim Health Information Services, Precyse Solutions, LLC, Medical Record Associates LLC & STARTEK Health.
Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Target Audience of the Global Medical 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. GLOBAL MEDICAL CODING MARKET DEFINITION AND SCOPE
1.1. Research Objective
1.2. Market Definition
1.3. Scope of The Study
1.4. Years Considered for The Study
1.5. Currency Conversion Rates
1.6. Report Limitation
CHAPTER 2. RESEARCH METHODOLOGY
2.1. Research Process
2.1.1. Data Mining
2.1.2. Analysis
2.1.3. Market Estimation
2.1.4. Validation
2.1.5. Publishing
2.2. Research Assumption
CHAPTER 3. EXECUTIVE SUMMARY
3.1. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)
3.2. Key Trends
CHAPTER 4. GLOBAL MEDICAL CODING MARKET DYNAMICS
4.1. Growth Prospects
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.2. Industry Analysis
4.2.1. Porter’s 5 Force Model
4.2.2. PEST Analysis
4.2.3. Value Chain Analysis
4.3. Analyst Recommendation & Conclusion
CHAPTER 5. GLOBAL MEDICAL CODING MARKET, BY CLASSIFICATION SYSTEM
5.1. Market Snapshot
5.2. Market Performance - Potential Model
5.3. Global Medical Coding Market, Sub Segment Analysis
5.3.1. International Classification of Diseases (ICD)
5.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.3.2. Healthcare Common Procedure Coding System (HCPCS)
5.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.3.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
CHAPTER 6. GLOBAL MEDICAL CODING MARKET, BY COMPONENT
6.1. Market Snapshot
6.2. Market Performance - Potential Model
6.3. Global Medical Coding Market, Sub Segment Analysis
6.3.1. In House
6.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
6.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
6.3.2. Outsourced
6.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
6.3.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
CHAPTER 7. GLOBAL MEDICAL CODING MARKET, BY REGIONAL ANALYSIS
7.1. Global Medical Coding Market, Regional Market Snapshot (2015-2025)
7.2. North America Global Medical Coding Market Snapshot
7.2.1. U.S.
7.2.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
7.2.1.2. Classification system breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.2.1.3. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.2.2. Canada
7.2.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
7.2.2.2. Classification system breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.2.2.3. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.3. Europe Global Medical Coding Market Snapshot
7.3.1. U.K.
7.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
7.3.1.2. Classification system breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.3.1.3. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.3.2. Germany
7.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
7.3.2.2. Classification system breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.3.2.3. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.3.3. France
7.3.3.1. Market estimates & forecasts, 2015-2025 (USD Billion)
7.3.3.2. Classification system breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.3.3.3. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.3.4. Rest of Europe
7.3.4.1. Market estimates & forecasts, 2015-2025 (USD Billion)
7.3.4.2. Classification system breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.3.4.3. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.4. Asia Global Medical Coding Market Snapshot
7.4.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
7.4.1.2. Classification system breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.4.1.3. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.4.2. India
7.4.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
7.4.2.2. Classification system breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.4.2.3. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.4.3. Japan
7.4.3.1. Market estimates & forecasts, 2015-2025 (USD Billion)
7.4.3.2. Classification system breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.4.3.3. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.4.4. Rest of Asia Pacific
7.4.4.1. Market estimates & forecasts, 2015-2025 (USD Billion)
7.4.4.2. Classification system breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.4.4.3. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.5. Latin America Global Medical Coding Market Snapshot
7.5.1. Brazil
7.5.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
7.5.1.2. Classification system breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.5.1.3. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.5.2. Mexico
7.5.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
7.5.2.2. Classification system breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.5.2.3. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.5.3. Rest of The World
7.5.4. South America
7.5.4.1. Market estimates & forecasts, 2015-2025 (USD Billion)
7.5.4.2. Classification system breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.5.4.3. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.5.5. Middle East and Africa
7.5.5.1. Market estimates & forecasts, 2015-2025 (USD Billion)
7.5.5.2. Classification system breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.5.5.3. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.5.5.4. End User breakdown estimates & forecasts, 2015-2025 (USD billion)
CHAPTER 8. COMPANY PROFILES
8.1. Company Market Share (Subject to Data Availability)
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. STARTEK Health
8.3.1.1. Overview
8.3.1.2. Financial (Subject to Data Availability)
8.3.1.3. Product Summary
8.3.1.4. Recent Developments
8.3.2. Oracle Corporation
8.3.3. Verisk Analytics.
8.3.4. Aviacode.Inc
8.3.5. Parexel International Corporation
8.3.6. Maxim Health Information Services
8.3.7. Precyse Solutions, LLC
8.3.8. Medical Record Associates LLC
1.1. Research Objective
1.2. Market Definition
1.3. Scope of The Study
1.4. Years Considered for The Study
1.5. Currency Conversion Rates
1.6. Report Limitation
CHAPTER 2. RESEARCH METHODOLOGY
2.1. Research Process
2.1.1. Data Mining
2.1.2. Analysis
2.1.3. Market Estimation
2.1.4. Validation
2.1.5. Publishing
2.2. Research Assumption
CHAPTER 3. EXECUTIVE SUMMARY
3.1. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)
3.2. Key Trends
CHAPTER 4. GLOBAL MEDICAL CODING MARKET DYNAMICS
4.1. Growth Prospects
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.2. Industry Analysis
4.2.1. Porter’s 5 Force Model
4.2.2. PEST Analysis
4.2.3. Value Chain Analysis
4.3. Analyst Recommendation & Conclusion
CHAPTER 5. GLOBAL MEDICAL CODING MARKET, BY CLASSIFICATION SYSTEM
5.1. Market Snapshot
5.2. Market Performance - Potential Model
5.3. Global Medical Coding Market, Sub Segment Analysis
5.3.1. International Classification of Diseases (ICD)
5.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.3.2. Healthcare Common Procedure Coding System (HCPCS)
5.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.3.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
CHAPTER 6. GLOBAL MEDICAL CODING MARKET, BY COMPONENT
6.1. Market Snapshot
6.2. Market Performance - Potential Model
6.3. Global Medical Coding Market, Sub Segment Analysis
6.3.1. In House
6.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
6.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
6.3.2. Outsourced
6.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
6.3.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
CHAPTER 7. GLOBAL MEDICAL CODING MARKET, BY REGIONAL ANALYSIS
7.1. Global Medical Coding Market, Regional Market Snapshot (2015-2025)
7.2. North America Global Medical Coding Market Snapshot
7.2.1. U.S.
7.2.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
7.2.1.2. Classification system breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.2.1.3. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.2.2. Canada
7.2.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
7.2.2.2. Classification system breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.2.2.3. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.3. Europe Global Medical Coding Market Snapshot
7.3.1. U.K.
7.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
7.3.1.2. Classification system breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.3.1.3. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.3.2. Germany
7.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
7.3.2.2. Classification system breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.3.2.3. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.3.3. France
7.3.3.1. Market estimates & forecasts, 2015-2025 (USD Billion)
7.3.3.2. Classification system breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.3.3.3. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.3.4. Rest of Europe
7.3.4.1. Market estimates & forecasts, 2015-2025 (USD Billion)
7.3.4.2. Classification system breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.3.4.3. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.4. Asia Global Medical Coding Market Snapshot
7.4.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
7.4.1.2. Classification system breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.4.1.3. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.4.2. India
7.4.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
7.4.2.2. Classification system breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.4.2.3. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.4.3. Japan
7.4.3.1. Market estimates & forecasts, 2015-2025 (USD Billion)
7.4.3.2. Classification system breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.4.3.3. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.4.4. Rest of Asia Pacific
7.4.4.1. Market estimates & forecasts, 2015-2025 (USD Billion)
7.4.4.2. Classification system breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.4.4.3. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.5. Latin America Global Medical Coding Market Snapshot
7.5.1. Brazil
7.5.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
7.5.1.2. Classification system breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.5.1.3. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.5.2. Mexico
7.5.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
7.5.2.2. Classification system breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.5.2.3. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.5.3. Rest of The World
7.5.4. South America
7.5.4.1. Market estimates & forecasts, 2015-2025 (USD Billion)
7.5.4.2. Classification system breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.5.4.3. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.5.5. Middle East and Africa
7.5.5.1. Market estimates & forecasts, 2015-2025 (USD Billion)
7.5.5.2. Classification system breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.5.5.3. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.5.5.4. End User breakdown estimates & forecasts, 2015-2025 (USD billion)
CHAPTER 8. COMPANY PROFILES
8.1. Company Market Share (Subject to Data Availability)
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. STARTEK Health
8.3.1.1. Overview
8.3.1.2. Financial (Subject to Data Availability)
8.3.1.3. Product Summary
8.3.1.4. Recent Developments
8.3.2. Oracle Corporation
8.3.3. Verisk Analytics.
8.3.4. Aviacode.Inc
8.3.5. Parexel International Corporation
8.3.6. Maxim Health Information Services
8.3.7. Precyse Solutions, LLC
8.3.8. Medical Record Associates LLC