Global Medical Coding Market – Industry Trends and Forecast to 2030

Análise e dimensão do mercado de codificação médica

A codificação médica é uma linguagem médica vital utilizada diariamente por organizações de saúde e hospitais em todo o mundo. A indústria global de codificação médica está a prosperar nos países desenvolvidos, mas com este crescimento surge a necessidade de ajustes contínuos para melhorar a eficiência e eficácia das experiências e procedimentos de saúde em todo o mundo. De acordo com as Estatísticas Hospitalares de 2022 da American Hospital Association (AHA), houve cerca de 33.356.853 internamentos em todos os hospitais dos Estados Unidos em 2018. Como resultado, existe uma grande necessidade de faturadores e codificadores médicos no setor em consideração, que está projetado para impulsionar a expansão do mercado de codificação médica.

A Data Bridge Market Research analisa que o mercado de codificação médica, que foi de 14,12 mil milhões de dólares em 2022, deverá atingir os 32,89 mil milhões de dólares até 2030, com um CAGR de 11,15% durante o período de previsão de 2023 a 2030. Além dos insights sobre o mercado cenários como o valor de mercado, taxa de crescimento, segmentação, cobertura geográfica e grandes players, os relatórios de mercado com curadoria da Data Bridge Market Research também incluem análise especializada aprofundada, epidemiologia de pacientes, análise pipeline, análise de preços e estrutura regulatória.

Âmbito e segmentação do mercado de codificação médica  

Definição de mercado

A codificação médica é o processo de codificação de dados e documentos médicos, tais como notas médicas, resultados de testes e assim por diante, para os proteger de serem utilizados em comportamentos fraudulentos. A codificação médica converte a documentação e os registos médicos em números e códigos alfanuméricos reconhecidos internacionalmente. A função de um codificador médico é transformar em códigos dados de diagnóstico, prescrições ou relatórios da condição de um paciente recebidos do médico. Um codificador médico também garante e valida se os códigos médicos para um documento específico são ou não aplicados.

Dinâmica do mercado de codificação médica

Motoristas

• A crescente procura por codificação padronizada nos registos médicos impulsionará o crescimento do mercado

Os codificadores médicos são muito procurados devido ao aumento da procura por sistemas de faturação padronizados. A crescente disponibilidade de serviços de codificação médica aumentou a procura de codificação médica, especialmente nos países subdesenvolvidos. O aumento da fraude e da má interpretação dos registos médicos e de reclamações de seguros aumentou a procura de prestadores de serviços de codificação médica. Por outras palavras, o número crescente de actividades fraudulentas associadas ao tratamento incorrecto de informações pessoais resultou no aumento da procura pela adopção de sistemas avançados de codificação médica.

• Crescente investimento de players privados para agilizar o processo

Existe também uma procura por um sistema de codificação e faturação mais simplificado e fácil de utilizar. As empresas de codificação médica permitem que os administradores examinem a frequência e a eficácia dos tratamentos nas suas instalações. Isto é especialmente crucial para as principais instituições médicas, como os hospitais terciários. O mercado deverá ser impulsionado por lançamentos frequentes. Por exemplo, a Athenahealth anunciou a solução de codificação médica athenaOne em março de 2021, uma solução de codificação EHR que reduz potencialmente o trabalho relacionado com a codificação do médico e, como resultado, a fadiga do médico.

Oportunidades

• A pandemia funcionou como uma oportunidade de mercado

The ongoing COVID-19 pandemic has fueled the importance of medical coding and patient management. For example, CMS announced two Healthcare Common Procedure Coding System (HCPCS) codes in March 2020 that laboratories can use to charge for specific COVID-19 diagnostic procedures, including those produced in-house by the new United States Food and Drug Administration (USFDA) recommendations. As a result, the COVID-19 epidemic caused several changes in the market analyzed, and these changes are projected to have a long-term impact on the market. As a result, the market under consideration is projected to pick up steam in the future years.

Restraints/Challenges

• Lack of awaerenss regarding harzards

A lack of trained personnel or skilled professionals will stifle market growth. The complexity of understanding all of the codes necessitates good training and knowledge in this area. As a result, it is not a job for a layperson. It necessitates a large amount of practice as well as a high level of stress. Therefore, the shortage of skilled professionals, especially in developing and underdeveloped economies, directly hampers the growth of the market.    

This medical coding market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the medical coding market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Developments

• In 2022, Ochsner Health's emergency department adopted Nym Health's medical coding technology to enhance revenue cycle management in April.
• In 2022, in order to supply XpertCoding, XpertDox, and Urgent Care for Children USA (UC4C) agreed to an exclusive collaboration in April. It is a completely automated, turnkey system that improves medical coding efficiency and quickens the revenue cycle for all of UC4C's clinics in Tennessee and Alabama.

Global Medical Coding Market Scope

The medical coding market is segmented on the basis of classification system, component, and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Classification System

• International Classification of Diseases (ICD)
• Healthcare Common Procedure Code System (HCPCS)
• Current Procedural Terminology

Component

• In-house
• Outsourced

 End-User

• Hospitals
• Diagnostic Centers
• Others

Medical Coding Market Regional Analysis/Insights

The medical coding market is analysed and market size insights and trends are provided by country, classification system, component, and end-user as referenced above.

The countries covered in the medical coding market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

As a result of technological advances and better healthcare infrastructure in several of the nations in this region, the North American medical coding market is anticipated to hold a sizable share over the projected period. Growing demand for coding services, a high interest in streamlining hospital billing operations, and strategic moves made by industry participants drive the market's expansion.

Given the region's burgeoning medical tourism industry and the region's increasing healthcare infrastructure in emerging nations such as China, India, Malaysia, Thailand, and others, the market in Asia-Pacific is anticipated to grow significantly over time the forecast period.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Healthcare Infrastructure Growth Installed base and New Technology Penetration

The medical waste management market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for medical waste management market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the medical waste management market. The data is available for historic period 2011-2021.

Competitive Landscape and Medical Coding Market Share Analysis

The medical coding market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to medical coding market.

Some of the major players operating in the medical coding market are:

• 3M (U.S.)
• Aviacode Inc. (India)
• Dolbey (U.S.)
• Maxim Healthcare Services (U.S.)
• MRA Health Information Services (U.S.)
• Oracle (U.S.)
• PAREXEL International Corporation (U.S.)
• Startek (U.S.)
• Verisk Analytics, Inc. (U.S.)
• Nuance Communications, Inc. (U.S.)
• Optum Inc. (U.S.)
• Outsource Strategies International (U.S.)
• VertMarkets, Inc. (U.S.)
• S&P Global (U.S.)
• AltuMED (U.S.)
• Coding Network (U.S.)
• Microsoft COrpoation (U.S.)
• UNITEDHEALTH GROUP. (U.S.)

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