Computer Assisted Coding Market Research Report by Component, Deployment, Application, End User, Region - Global Forecast to 2027 - Cumulative Impact of COVID-19

The Global Computer Assisted Coding Market size was estimated at USD 3,182.53 million in 2021 and expected to reach USD 3,537.70 million in 2022, and is projected to grow at a CAGR 11.33% to reach USD 6,061.94 million by 2027.

Market Statistics:
The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2020 are considered as historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered as the forecast period.

Market Segmentation & Coverage:
This research report categorizes the Computer Assisted Coding to forecast the revenues and analyze the trends in each of the following sub-markets:

Based on Component, the market was studied across Services and Software. The Services is further studied across Education and Training Human Cells and Support and Maintenance. The Software is further studied across Integrated Software and Standalone Software. The Standalone Software is further studied across Natural Language Processing Software and Structured Input Software.

Based on Deployment, the market was studied across On-Cloud and On-Premise.

Based on Application, the market was studied across Automated Computer-Assisted Encoding, Clinical Coding Auditing, and Management Reporting and Analytics.

Based on End User, the market was studied across Academic & Research Laboratories, Academic Medical Centers, Clinical Laboratories and Diagnostic Centers, Healthcare Payers, Hospitals, and Physician Practices.

Based on Region, the market was studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

Cumulative Impact of COVID-19:
COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Cumulative Impact of 2022 Russia Ukraine Conflict:
We continuously monitor and update reports on political and economic uncertainty due to the Russian invasion of Ukraine. Negative impacts are significantly foreseen globally, especially across Eastern Europe, European Union, Eastern & Central Asia, and the United States. This contention has severely affected lives and livelihoods and represents far-reaching disruptions in trade dynamics. The potential effects of ongoing war and uncertainty in Eastern Europe are expected to have an adverse impact on the world economy, with especially long-term harsh effects on Russia.This report uncovers the impact of demand & supply, pricing variants, strategic uptake of vendors, and recommendations for Computer Assisted Coding market considering the current update on the conflict and its global response.

Competitive Strategic Window:
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:
The FPNV Positioning Matrix evaluates and categorizes the vendors in the Computer Assisted Coding Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Scenario:
The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate. The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitor’s strength and weakness thereby, providing insights to enhance product and service.

Company Usability Profiles:
The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Computer Assisted Coding Market, including 3M Company, Artificial Medical Intelligence, Inc., Athenahealth, Inc., Cerner Corporation, Craneware PLC., Dolbey Systems, Inc., EPIC Systems Corporation, ezDI, Mckesson Corporation, MModal IP LLC, Nuance Communications, Inc., OnBase, Optum, Inc., Phoenix Health Systems, Inc., Precyse Solutions, LLC, Quest Diagnostics Incorporated, Streamline Health Solutions, Inc., and Trucode.

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Global Computer Assisted Coding Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Computer Assisted Coding Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Computer Assisted Coding Market?
4. What is the competitive strategic window for opportunities in the Global Computer Assisted Coding Market?
5. What are the technology trends and regulatory frameworks in the Global Computer Assisted Coding Market?
6. What is the market share of the leading vendors in the Global Computer Assisted Coding Market?
7. What modes and strategic moves are considered suitable for entering the Global Computer Assisted Coding Market?

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. ICD-10 standards supporting increased utilization in North American market
5.1.1.2. Increasing deployment of EHR systems
5.1.1.3. Regulatory requirements for patient data management
5.1.1.4. Focus on physician computer-assisted coding in outpatient settings
5.1.2. Restraints
5.1.2.1. High implementation and maintenance costs
5.1.3. Opportunities
5.1.3.1. Natural language processing and AI enabled CAC solutions
5.1.3.2. Increasing adoption of cloud-based solutions
5.1.3.3. Collaborative product development
5.1.4. Challenges
5.1.4.1. Reluctance among healthcare providers for adapting new technologies
5.2. Cumulative Impact of COVID-19

6. Computer Assisted Coding Market, by Component
6.1. Introduction
6.2. Services
6.3.1. Education and Training Human Cells
6.3.2. Support and Maintenance
6.3. Software
6.4.1. Integrated Software
6.4.2. Standalone Software
6.4.3.1. Natural Language Processing Software
6.4.3.2. Structured Input Software

7. Computer Assisted Coding Market, by Deployment
7.1. Introduction
7.2. On-Cloud
7.3. On-Premise

8. Computer Assisted Coding Market, by Application
8.1. Introduction
8.2. Automated Computer-Assisted Encoding
8.3. Clinical Coding Auditing
8.4. Management Reporting and Analytics

9. Computer Assisted Coding Market, by End User
9.1. Introduction
9.2. Academic & Research Laboratories
9.3. Academic Medical Centers
9.4. Clinical Laboratories and Diagnostic Centers
9.5. Healthcare Payers
9.6. Hospitals
9.7. Physician Practices

10. Americas Computer Assisted Coding Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Computer Assisted Coding Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Computer Assisted Coding Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.1.1. Quadrants
13.1.2. Business Strategy
13.1.3. Product Satisfaction
13.2. Market Ranking Analysis, By Key Player
13.3. Market Share Analysis, By Key Player
13.4. Competitive Scenario
13.4.1. Merger & Acquisition
13.4.2. Agreement, Collaboration, & Partnership
13.4.3. New Product Launch & Enhancement
13.4.4. Investment & Funding
13.4.5. Award, Recognition, & Expansion

14. Company Usability Profiles
14.1. 3M Company
14.1.1. Business Overview
14.1.2. Key Executives
14.1.3. Product & Services
14.2. Artificial Medical Intelligence, Inc.
14.2.1. Business Overview
14.2.2. Key Executives
14.2.3. Product & Services
14.3. Athenahealth, Inc.
14.3.1. Business Overview
14.3.2. Key Executives
14.3.3. Product & Services
14.4. Cerner Corporation
14.4.1. Business Overview
14.4.2. Key Executives
14.4.3. Product & Services
14.5. Craneware PLC.
14.5.1. Business Overview
14.5.2. Key Executives
14.5.3. Product & Services
14.6. Dolbey Systems, Inc.
14.6.1. Business Overview
14.6.2. Key Executives
14.6.3. Product & Services
14.7. EPIC Systems Corporation
14.7.1. Business Overview
14.7.2. Key Executives
14.7.3. Product & Services
14.8. ezDI
14.8.1. Business Overview
14.8.2. Key Executives
14.8.3. Product & Services
14.9. Mckesson Corporation
14.9.1. Business Overview
14.9.2. Key Executives
14.9.3. Product & Services
14.10. MModal IP LLC
14.10.1. Business Overview
14.10.2. Key Executives
14.10.3. Product & Services
14.11. Nuance Communications, Inc.
14.11.1. Business Overview
14.11.2. Key Executives
14.11.3. Product & Services
14.12. OnBase
14.12.1. Business Overview
14.12.2. Key Executives
14.12.3. Product & Services
14.13. Optum, Inc.
14.13.1. Business Overview
14.13.2. Key Executives
14.13.3. Product & Services
14.14. Phoenix Health Systems, Inc.
14.14.1. Business Overview
14.14.2. Key Executives
14.14.3. Product & Services
14.15. Precyse Solutions, LLC
14.15.1. Business Overview
14.15.2. Key Executives
14.15.3. Product & Services
14.16. Quest Diagnostics Incorporated
14.16.1. Business Overview
14.16.2. Key Executives
14.16.3. Product & Services
14.17. Streamline Health Solutions, Inc.
14.17.1. Business Overview
14.17.2. Key Executives
14.17.3. Product & Services
14.18. Trucode
14.18.1. Business Overview
14.18.2. Key Executives
14.18.3. Product & Services

15. Appendix
15.1. Discussion Guide
15.2. License & Pricing