The global Medical Coding Outsourcing Service market size is predicted to grow from US$ 15080 million in 2025 to US$ 22700 million in 2031; it is expected to grow at a CAGR of 7.1% from 2025 to 2031.
Medical coding outsourcing service refers to the practice where healthcare providers, such as hospitals, clinics, or medical practices, entrust the task of medical coding to external specialized companies or agencies. Medical coding involves translating the details of medical diagnoses, procedures, and services into standardized alphanumeric codes for billing, insurance claims processing, and maintaining accurate medical records. By outsourcing this function, healthcare organizations can leverage the expertise of these external entities, which often have trained coders well-versed in the complex coding systems like ICD (International Classification of Diseases), CPT (Current Procedural Terminology), and HCPCS (Healthcare Common Procedure Coding System). This allows the healthcare providers to focus more on patient care while ensuring proper reimbursement and organized record-keeping through the efficient handling of medical coding by the outsourced service.
United States market for Medical Coding Outsourcing Service is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Medical Coding Outsourcing Service is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Medical Coding Outsourcing Service is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Medical Coding Outsourcing Service players cover MedsITNexus, Outsourcey, Elevate, Invensis, NextWealth, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
The 鈥淢edical Coding Outsourcing Service Industry Forecast鈥� looks at past sales and reviews total world Medical Coding Outsourcing Service sales in 2024, providing a comprehensive analysis by region and market sector of projected Medical Coding Outsourcing Service sales for 2025 through 2031. With Medical Coding Outsourcing Service sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Medical Coding Outsourcing Service industry.
This Insight Report provides a comprehensive analysis of the global Medical Coding Outsourcing Service landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Medical Coding Outsourcing Service portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Medical Coding Outsourcing Service market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Medical Coding Outsourcing Service and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Medical Coding Outsourcing Service.
This report presents a comprehensive overview, market shares, and growth opportunities of Medical Coding Outsourcing Service market by product type, application, key players and key regions and countries.
Segmentation by Type:
ICD Codes
CPT Codes
HCPCS Codes
Segmentation by Application:
Outpatient Medical Coding
Inpatient Medical Coding
Emergency Room Coding
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
MedsITNexus
Outsourcey
Elevate
Invensis
NextWealth
HealthCare Resolution Services
Medical Billers and Coders (MBC)
Global Healthcare Resource
Flatworld Solutions
Connext
GeBBS
3Gen Consulting
Allzone
Outsource2india
SunTec India
Medisys Data Solutions
e-care India
Plutus Health
Practolytics
MedCycle Solutions
MAX BPO
Medrevn
SSR TECHVISION
Magellan Solutions
AnnexMed
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1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Medical Coding Outsourcing Service Market Size (2020-2031)
2.1.2 Medical Coding Outsourcing Service Market Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for Medical Coding Outsourcing Service by Country/Region (2020, 2024 & 2031)
2.2 Medical Coding Outsourcing Service Segment by Type
2.2.1 ICD Codes
2.2.2 CPT Codes
2.2.3 HCPCS Codes
2.3 Medical Coding Outsourcing Service Market Size by Type
2.3.1 Medical Coding Outsourcing Service Market Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global Medical Coding Outsourcing Service Market Size Market Share by Type (2020-2025)
2.4 Medical Coding Outsourcing Service Segment by Application
2.4.1 Outpatient Medical Coding
2.4.2 Inpatient Medical Coding
2.4.3 Emergency Room Coding
2.4.4 Others
2.5 Medical Coding Outsourcing Service Market Size by Application
2.5.1 Medical Coding Outsourcing Service Market Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global Medical Coding Outsourcing Service Market Size Market Share by Application (2020-2025)
3 Medical Coding Outsourcing Service Market Size by Player
3.1 Medical Coding Outsourcing Service Market Size Market Share by Player
3.1.1 Global Medical Coding Outsourcing Service Revenue by Player (2020-2025)
3.1.2 Global Medical Coding Outsourcing Service Revenue Market Share by Player (2020-2025)
3.2 Global Medical Coding Outsourcing Service Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Medical Coding Outsourcing Service by Region
4.1 Medical Coding Outsourcing Service Market Size by Region (2020-2025)
4.2 Global Medical Coding Outsourcing Service Annual Revenue by Country/Region (2020-2025)
4.3 Americas Medical Coding Outsourcing Service Market Size Growth (2020-2025)
4.4 APAC Medical Coding Outsourcing Service Market Size Growth (2020-2025)
4.5 Europe Medical Coding Outsourcing Service Market Size Growth (2020-2025)
4.6 Middle East & Africa Medical Coding Outsourcing Service Market Size Growth (2020-2025)
5 Americas
5.1 Americas Medical Coding Outsourcing Service Market Size by Country (2020-2025)
5.2 Americas Medical Coding Outsourcing Service Market Size by Type (2020-2025)
5.3 Americas Medical Coding Outsourcing Service Market Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Medical Coding Outsourcing Service Market Size by Region (2020-2025)
6.2 APAC Medical Coding Outsourcing Service Market Size by Type (2020-2025)
6.3 APAC Medical Coding Outsourcing Service Market Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Medical Coding Outsourcing Service Market Size by Country (2020-2025)
7.2 Europe Medical Coding Outsourcing Service Market Size by Type (2020-2025)
7.3 Europe Medical Coding Outsourcing Service Market Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Medical Coding Outsourcing Service by Region (2020-2025)
8.2 Middle East & Africa Medical Coding Outsourcing Service Market Size by Type (2020-2025)
8.3 Middle East & Africa Medical Coding Outsourcing Service Market Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Medical Coding Outsourcing Service Market Forecast
10.1 Global Medical Coding Outsourcing Service Forecast by Region (2026-2031)
10.1.1 Global Medical Coding Outsourcing Service Forecast by Region (2026-2031)
10.1.2 Americas Medical Coding Outsourcing Service Forecast
10.1.3 APAC Medical Coding Outsourcing Service Forecast
10.1.4 Europe Medical Coding Outsourcing Service Forecast
10.1.5 Middle East & Africa Medical Coding Outsourcing Service Forecast
10.2 Americas Medical Coding Outsourcing Service Forecast by Country (2026-2031)
10.2.1 United States Market Medical Coding Outsourcing Service Forecast
10.2.2 Canada Market Medical Coding Outsourcing Service Forecast
10.2.3 Mexico Market Medical Coding Outsourcing Service Forecast
10.2.4 Brazil Market Medical Coding Outsourcing Service Forecast
10.3 APAC Medical Coding Outsourcing Service Forecast by Region (2026-2031)
10.3.1 China Medical Coding Outsourcing Service Market Forecast
10.3.2 Japan Market Medical Coding Outsourcing Service Forecast
10.3.3 Korea Market Medical Coding Outsourcing Service Forecast
10.3.4 Southeast Asia Market Medical Coding Outsourcing Service Forecast
10.3.5 India Market Medical Coding Outsourcing Service Forecast
10.3.6 Australia Market Medical Coding Outsourcing Service Forecast
10.4 Europe Medical Coding Outsourcing Service Forecast by Country (2026-2031)
10.4.1 Germany Market Medical Coding Outsourcing Service Forecast
10.4.2 France Market Medical Coding Outsourcing Service Forecast
10.4.3 UK Market Medical Coding Outsourcing Service Forecast
10.4.4 Italy Market Medical Coding Outsourcing Service Forecast
10.4.5 Russia Market Medical Coding Outsourcing Service Forecast
10.5 Middle East & Africa Medical Coding Outsourcing Service Forecast by Region (2026-2031)
10.5.1 Egypt Market Medical Coding Outsourcing Service Forecast
10.5.2 South Africa Market Medical Coding Outsourcing Service Forecast
10.5.3 Israel Market Medical Coding Outsourcing Service Forecast
10.5.4 Turkey Market Medical Coding Outsourcing Service Forecast
10.6 Global Medical Coding Outsourcing Service Forecast by Type (2026-2031)
10.7 Global Medical Coding Outsourcing Service Forecast by Application (2026-2031)
10.7.1 GCC Countries Market Medical Coding Outsourcing Service Forecast
11 Key Players Analysis
11.1 MedsITNexus
11.1.1 MedsITNexus Company Information
11.1.2 MedsITNexus Medical Coding Outsourcing Service Product Offered
11.1.3 MedsITNexus Medical Coding Outsourcing Service Revenue, Gross Margin and Market Share (2020-2025)
11.1.4 MedsITNexus Main Business Overview
11.1.5 MedsITNexus Latest Developments
11.2 Outsourcey
11.2.1 Outsourcey Company Information
11.2.2 Outsourcey Medical Coding Outsourcing Service Product Offered
11.2.3 Outsourcey Medical Coding Outsourcing Service Revenue, Gross Margin and Market Share (2020-2025)
11.2.4 Outsourcey Main Business Overview
11.2.5 Outsourcey Latest Developments
11.3 Elevate
11.3.1 Elevate Company Information
11.3.2 Elevate Medical Coding Outsourcing Service Product Offered
11.3.3 Elevate Medical Coding Outsourcing Service Revenue, Gross Margin and Market Share (2020-2025)
11.3.4 Elevate Main Business Overview
11.3.5 Elevate Latest Developments
11.4 Invensis
11.4.1 Invensis Company Information
11.4.2 Invensis Medical Coding Outsourcing Service Product Offered
11.4.3 Invensis Medical Coding Outsourcing Service Revenue, Gross Margin and Market Share (2020-2025)
11.4.4 Invensis Main Business Overview
11.4.5 Invensis Latest Developments
11.5 NextWealth
11.5.1 NextWealth Company Information
11.5.2 NextWealth Medical Coding Outsourcing Service Product Offered
11.5.3 NextWealth Medical Coding Outsourcing Service Revenue, Gross Margin and Market Share (2020-2025)
11.5.4 NextWealth Main Business Overview
11.5.5 NextWealth Latest Developments
11.6 HealthCare Resolution Services
11.6.1 HealthCare Resolution Services Company Information
11.6.2 HealthCare Resolution Services Medical Coding Outsourcing Service Product Offered
11.6.3 HealthCare Resolution Services Medical Coding Outsourcing Service Revenue, Gross Margin and Market Share (2020-2025)
11.6.4 HealthCare Resolution Services Main Business Overview
11.6.5 HealthCare Resolution Services Latest Developments
11.7 Medical Billers and Coders (MBC)
11.7.1 Medical Billers and Coders (MBC) Company Information
11.7.2 Medical Billers and Coders (MBC) Medical Coding Outsourcing Service Product Offered
11.7.3 Medical Billers and Coders (MBC) Medical Coding Outsourcing Service Revenue, Gross Margin and Market Share (2020-2025)
11.7.4 Medical Billers and Coders (MBC) Main Business Overview
11.7.5 Medical Billers and Coders (MBC) Latest Developments
11.8 Global Healthcare Resource
11.8.1 Global Healthcare Resource Company Information
11.8.2 Global Healthcare Resource Medical Coding Outsourcing Service Product Offered
11.8.3 Global Healthcare Resource Medical Coding Outsourcing Service Revenue, Gross Margin and Market Share (2020-2025)
11.8.4 Global Healthcare Resource Main Business Overview
11.8.5 Global Healthcare Resource Latest Developments
11.9 Flatworld Solutions
11.9.1 Flatworld Solutions Company Information
11.9.2 Flatworld Solutions Medical Coding Outsourcing Service Product Offered
11.9.3 Flatworld Solutions Medical Coding Outsourcing Service Revenue, Gross Margin and Market Share (2020-2025)
11.9.4 Flatworld Solutions Main Business Overview
11.9.5 Flatworld Solutions Latest Developments
11.10 Connext
11.10.1 Connext Company Information
11.10.2 Connext Medical Coding Outsourcing Service Product Offered
11.10.3 Connext Medical Coding Outsourcing Service Revenue, Gross Margin and Market Share (2020-2025)
11.10.4 Connext Main Business Overview
11.10.5 Connext Latest Developments
11.11 GeBBS
11.11.1 GeBBS Company Information
11.11.2 GeBBS Medical Coding Outsourcing Service Product Offered
11.11.3 GeBBS Medical Coding Outsourcing Service Revenue, Gross Margin and Market Share (2020-2025)
11.11.4 GeBBS Main Business Overview
11.11.5 GeBBS Latest Developments
11.12 3Gen Consulting
11.12.1 3Gen Consulting Company Information
11.12.2 3Gen Consulting Medical Coding Outsourcing Service Product Offered
11.12.3 3Gen Consulting Medical Coding Outsourcing Service Revenue, Gross Margin and Market Share (2020-2025)
11.12.4 3Gen Consulting Main Business Overview
11.12.5 3Gen Consulting Latest Developments
11.13 Allzone
11.13.1 Allzone Company Information
11.13.2 Allzone Medical Coding Outsourcing Service Product Offered
11.13.3 Allzone Medical Coding Outsourcing Service Revenue, Gross Margin and Market Share (2020-2025)
11.13.4 Allzone Main Business Overview
11.13.5 Allzone Latest Developments
11.14 Outsource2india
11.14.1 Outsource2india Company Information
11.14.2 Outsource2india Medical Coding Outsourcing Service Product Offered
11.14.3 Outsource2india Medical Coding Outsourcing Service Revenue, Gross Margin and Market Share (2020-2025)
11.14.4 Outsource2india Main Business Overview
11.14.5 Outsource2india Latest Developments
11.15 SunTec India
11.15.1 SunTec India Company Information
11.15.2 SunTec India Medical Coding Outsourcing Service Product Offered
11.15.3 SunTec India Medical Coding Outsourcing Service Revenue, Gross Margin and Market Share (2020-2025)
11.15.4 SunTec India Main Business Overview
11.15.5 SunTec India Latest Developments
11.16 Medisys Data Solutions
11.16.1 Medisys Data Solutions Company Information
11.16.2 Medisys Data Solutions Medical Coding Outsourcing Service Product Offered
11.16.3 Medisys Data Solutions Medical Coding Outsourcing Service Revenue, Gross Margin and Market Share (2020-2025)
11.16.4 Medisys Data Solutions Main Business Overview
11.16.5 Medisys Data Solutions Latest Developments
11.17 e-care India
11.17.1 e-care India Company Information
11.17.2 e-care India Medical Coding Outsourcing Service Product Offered
11.17.3 e-care India Medical Coding Outsourcing Service Revenue, Gross Margin and Market Share (2020-2025)
11.17.4 e-care India Main Business Overview
11.17.5 e-care India Latest Developments
11.18 Plutus Health
11.18.1 Plutus Health Company Information
11.18.2 Plutus Health Medical Coding Outsourcing Service Product Offered
11.18.3 Plutus Health Medical Coding Outsourcing Service Revenue, Gross Margin and Market Share (2020-2025)
11.18.4 Plutus Health Main Business Overview
11.18.5 Plutus Health Latest Developments
11.19 Practolytics
11.19.1 Practolytics Company Information
11.19.2 Practolytics Medical Coding Outsourcing Service Product Offered
11.19.3 Practolytics Medical Coding Outsourcing Service Revenue, Gross Margin and Market Share (2020-2025)
11.19.4 Practolytics Main Business Overview
11.19.5 Practolytics Latest Developments
11.20 MedCycle Solutions
11.20.1 MedCycle Solutions Company Information
11.20.2 MedCycle Solutions Medical Coding Outsourcing Service Product Offered
11.20.3 MedCycle Solutions Medical Coding Outsourcing Service Revenue, Gross Margin and Market Share (2020-2025)
11.20.4 MedCycle Solutions Main Business Overview
11.20.5 MedCycle Solutions Latest Developments
11.21 MAX BPO
11.21.1 MAX BPO Company Information
11.21.2 MAX BPO Medical Coding Outsourcing Service Product Offered
11.21.3 MAX BPO Medical Coding Outsourcing Service Revenue, Gross Margin and Market Share (2020-2025)
11.21.4 MAX BPO Main Business Overview
11.21.5 MAX BPO Latest Developments
11.22 Medrevn
11.22.1 Medrevn Company Information
11.22.2 Medrevn Medical Coding Outsourcing Service Product Offered
11.22.3 Medrevn Medical Coding Outsourcing Service Revenue, Gross Margin and Market Share (2020-2025)
11.22.4 Medrevn Main Business Overview
11.22.5 Medrevn Latest Developments
11.23 SSR TECHVISION
11.23.1 SSR TECHVISION Company Information
11.23.2 SSR TECHVISION Medical Coding Outsourcing Service Product Offered
11.23.3 SSR TECHVISION Medical Coding Outsourcing Service Revenue, Gross Margin and Market Share (2020-2025)
11.23.4 SSR TECHVISION Main Business Overview
11.23.5 SSR TECHVISION Latest Developments
11.24 Magellan Solutions
11.24.1 Magellan Solutions Company Information
11.24.2 Magellan Solutions Medical Coding Outsourcing Service Product Offered
11.24.3 Magellan Solutions Medical Coding Outsourcing Service Revenue, Gross Margin and Market Share (2020-2025)
11.24.4 Magellan Solutions Main Business Overview
11.24.5 Magellan Solutions Latest Developments
11.25 AnnexMed
11.25.1 AnnexMed Company Information
11.25.2 AnnexMed Medical Coding Outsourcing Service Product Offered
11.25.3 AnnexMed Medical Coding Outsourcing Service Revenue, Gross Margin and Market Share (2020-2025)
11.25.4 AnnexMed Main Business Overview
11.25.5 AnnexMed Latest Developments
12 Research Findings and Conclusion
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*If Applicable.