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Medical Coding Market 2023 - Growth Opportunities, Development Plans, Key Players, Regions And Forecast To 2032

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Medical Coding Market 2023 - Growth Opportunities, Development Plans, Key Players, Regions And Forecast To 2032

The Business Research Company’s Medical Coding Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Medical Coding Global Market Report 2023 evaluates medical coding market size, growth rate, drivers, trends, and major companies.


The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.


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The global medical coding market size grew from $15.71 billion in 2022 to $17.23 billion in 2023 at a compound annual growth rate (CAGR) of 9.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The medical coding market size is expected to grow to $24.81 billion in 2027 at a CAGR of 9.5%.


The medical coding market segments in the report are:

By Component




By Classification System

International Classification of Diseases (ICDs)

Healthcare Common Procedure Coding System (HCPCS)

Current Procedural Terminology (CPT)


By End User

Diagnostic Centers

Hospitals & Care Providers


North America was the largest region in the medical coding market in 2022.


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The table of contents in TBRC’s medical coding market report includes:

1. Executive Summary

2. Medical Coding Market Characteristics

3. Medical Coding Market Trends And Strategies

4. Medical Coding Market - Macro Economic Scenario

5. Medical Coding Market Size And Growth



26. Africa Medical Coding Market 

27. Medical Coding Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The Medical Coding Market

29. Medical Coding Market Future Outlook and Potential Analysis

30. Appendix


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