Medical Billing and Coding Market, Global Outlook and Forecast 2024-2031

Report ID: 1568699 | Published Date: Jan 2025 | No. of Page: 112 | Base Year: 2024 | Rating: 3.9 | Webstory: Check our Web story

Medical billing and coding are two closely related aspects of the modern health care industry. Both practices are involved in the immensely important reimbursement cycle, which ensures that health care providers are paid for the services they perform.
This report contains market size and forecasts of Medical Billing and Coding in Global, including the following market information:
Global Medical Billing and Coding Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Medical Billing and Coding market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Software Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Medical Billing and Coding include STARTEK Health, Oracle, Verisk Analytics, Aviacode, Maxim Health Information Services, nThrive, Medical Record Associates, R1 RCM and Allscripts, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Medical Billing and Coding companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Medical Billing and Coding Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Medical Billing and Coding Market Segment Percentages, by Type, 2021 (%)
Software
Hardware
Global Medical Billing and Coding Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Medical Billing and Coding Market Segment Percentages, by Application, 2021 (%)
Hospitals
Clinics
Others
Global Medical Billing and Coding Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Medical Billing and Coding Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Medical Billing and Coding revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Medical Billing and Coding revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
STARTEK Health
Oracle
Verisk Analytics
Aviacode
Maxim Health Information Services
nThrive
Medical Record Associates
R1 RCM
Allscripts
Cerner
EClinicalWorks
GE Healthcare
Genpact
HCL Technologies
Kareo
McKesson
Quest Diagnostics
The SSI Group
3M
MRA Health Information Services
Dolbey

Frequently Asked Questions
Medical Billing and Coding Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Medical Billing and Coding Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Medical Billing and Coding Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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