The global medical coding market revenue is expected to expand at a lucrative CAGR over the forecast period. Increasing demand for medical billers and medical coders in healthcare industry across the globe is a key factor expected to drive growth of the global market over the forecast period. Technological advancements in healthcare industry and constantly changing classification systems are expected to create potential revenue opportunities for players operating in the target market over the forecast period.

The global medical coding market report has been segmented on the basis of classification system, components, and region. On the basis of classification system, the target market is segmented into international classification of diseases (ICD) and healthcare common procedure code system (HCPCS). The international classification of diseases (ICD) classification system is expected to register significant share in terms of revenue over the forecast period, owing to increasing demand for trained medical coders. On the basis of component, the target market is segmented into in-house and outsourced. In-house component segment is expected to register significant share in terms of revenue over the forecast period, owing to increasing preference towards in-house coding to outsource these services.

Request for the Sample Report Here: https://marketresearch.biz/report/medical-coding-market/request-sample/

Based on the region the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America is estimated to hold highest share in terms of revenue over the forecast period, owing to technological advancements and improved healthcare infrastructure in various countries in this region. The market in Asia Pacific is expected to register lucrative growth over the forecast period, owing to increasing adoption of medical coding system in healthcare industry in developing countries such as India, China, and Japan in this region.

Key players operating in the global medical coding market include STARTEK Health Services, Inc., Oracle Corporation, Verisk Analytics, Inc., Aviacode Incorporated, PAREXEL International Corporation, Maxim Healthcare Services, Inc., nThrive, Inc., Medical Record Associates LLC., 3M Company, and Dolbey Systems, Inc.