Computer Assisted Coding Market worth $3.5 Billion by 2019

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MarketsandMarkets Presents
Computer Assisted Coding Market worth 3.5
Billion by 2019
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The report Computer Assisted Coding Market by
Software (Natural language processing, Structured
input, Integrated), by Application (Automated
encoding, Management reporting, Clinical code
auditing analytics), by End User - Global
Forecast to 2019 , The Global Computer assisted
Coding Market Is Expected to Reach 3.5 billion
by 2019 Browse 163 market data tables and 42
figures spread through 250 pages and in-depth TOC
on Computer Assisted Coding Market by Software
(Natural language processing, Structured input,
Integrated), by Application (Automated encoding,
Management reporting, Clinical code auditing
analytics), by End User - Global Forecast to
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• The global computer-assisted coding market is
  experiencing a high growth during the recent
  years. CAC solutions are increasingly used to
  reduce coding errors, increase coder
  productivity, and offer quality healthcare. This
  can be attributed to various factors such as
  rapid growth in the number of healthcare
  facilities, increasing insurance claim
  reimbursement, and favorable government in the
  computer-assisted coding market.
• The mandatory conversion of ICD-9 to ICD-10 in
  the North American healthcare industry by October
  1, 2015 is expected to drive the market growth.
  This has led to the growing implementation of
  ICD-10 diagnosis and procedure codes for
  insurance claim reimbursement, payment billing,
  and revenue cycle management.

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• In this report, the computer-assisted coding
  market is segmented by solution, mode of
  delivery, application, end user, and geographic
  regions. It also discusses the key market
  drivers, restraints, and opportunities of this
  market and its submarkets. The market is expected
  to grow at a double-digit CAGR during the
  forecast period.

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• In 2013, North America accounted for the largest
  share of the computer-assisted coding market,
  followed by Europe and Asia-Pacific. The presence
  of a large number of computer-assisted coding
  solution market players in the North American
  region, developed healthcare IT infrastructure,
  and technological advancements such as
  implementation of ICD-10 has led to a large
  market share of North America in the global
  computer-assisted coding market. However, the
  APAC region represents the highest growth
  opportunity for the computer-assisted coding
  market during the forecast period. Growing
  investments by emerging countries such as China,
  India, and Brazil in the CAC solution sector,
  rising need for better healthcare, and increasing
  government initiatives globally are expected to
  propel the growth of this market.

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• Major players in the computer-assisted coding
  market include 3M Health Information Systems
  (U.S.), OptumInsight, Inc. (U.S.), McKesson
  Corporation (U.S.), Nuance Communications (U.S.),
  Cerner Corporation (U.S.), Dolbey Systems, Inc.
  (U.S.), Precyse Solutions LLC (U.S.), Craneware
  plc (U.S.), Artificial Medical Intelligence
  (U.S.), and TruCode (U.S.).

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