
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.
Market Analysis and Insights: Global Medical Billing and Coding Market
The global Medical Billing and Coding market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
According to our research, the global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
Report Covers:
This report presents an overview of global market for Medical Billing and Coding market size. Analyses of the global market trends, with historic market revenue data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.
This report researches the key producers of Medical Billing and Coding, also provides the revenue of main regions and countries. Highlights of the upcoming market potential for Medical Billing and Coding, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Medical Billing and Coding revenue, market share and industry ranking of main companies, data from 2019 to 2024. Identification of the major stakeholders in the global Medical Billing and Coding market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2019 to 2030. Evaluation and forecast the market size for Medical Billing and Coding revenue, projected growth trends, production technology, application and end-user industry.
Market Segmentation
By Company
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
Segment by Type
Software
Hardware
Segment by Application
Hospitals
Clinics
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
China
Asia (excluding China)
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Brazil
Mexico
Turkey
Israel
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Revenue of Medical Billing and Coding in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world. This section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Medical Billing and Coding companies’ competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: North America (US & Canada) by Type, by Application and by country, revenue for each segment.
Chapter 7: Europe by Type, by Application and by country, revenue for each segment.
Chapter 8: China by Type, and by Application, revenue for each segment.
Chapter 9: Asia (excluding China) by Type, by Application and by region, revenue for each segment.
Chapter 10: Middle East, Africa, and Latin America by Type, by Application and by country, revenue for each segment.
Chapter 11: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Medical Billing and Coding revenue, gross margin, and recent development, etc.
Chapter 12: Analyst's Viewpoints/Conclusions
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Medical Billing and Coding Market Size Growth Rate by Type, 2019 VS 2023 VS 2030
1.2.2 Software
1.2.3 Hardware
1.3 Market by Application
1.3.1 Global Medical Billing and Coding Market Size Growth Rate by Application, 2019 VS 2023 VS 2030
1.3.2 Hospitals
1.3.3 Clinics
1.3.4 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Medical Billing and Coding Market Perspective (2019-2030)
2.2 Global Medical Billing and Coding Growth Trends by Region
2.2.1 Medical Billing and Coding Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Medical Billing and Coding Historic Market Size by Region (2019-2024)
2.2.3 Medical Billing and Coding Forecasted Market Size by Region (2025-2030)
2.3 Medical Billing and Coding Market Dynamics
2.3.1 Medical Billing and Coding Industry Trends
2.3.2 Medical Billing and Coding Market Drivers
2.3.3 Medical Billing and Coding Market Challenges
2.3.4 Medical Billing and Coding Market Restraints
3 Competition Landscape by Key Players
3.1 Global Revenue Medical Billing and Coding by Players
3.1.1 Global Medical Billing and Coding Revenue by Players (2019-2024)
3.1.2 Global Medical Billing and Coding Revenue Market Share by Players (2019-2024)
3.2 Global Medical Billing and Coding Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players of Medical Billing and Coding, Ranking by Revenue, 2022 VS 2023 VS 2024
3.4 Global Medical Billing and Coding Market Concentration Ratio
3.4.1 Global Medical Billing and Coding Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Medical Billing and Coding Revenue in 2023
3.5 Global Key Players of Medical Billing and Coding Head office and Area Served
3.6 Global Key Players of Medical Billing and Coding, Product and Application
3.7 Global Key Players of Medical Billing and Coding, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Medical Billing and Coding Breakdown Data by Type
4.1 Global Medical Billing and Coding Historic Market Size by Type (2019-2024)
4.2 Global Medical Billing and Coding Forecasted Market Size by Type (2025-2030)
5 Medical Billing and Coding Breakdown Data by Application
5.1 Global Medical Billing and Coding Historic Market Size by Application (2019-2024)
5.2 Global Medical Billing and Coding Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Medical Billing and Coding Market Size (2019-2030)
6.2 North America Medical Billing and Coding Market Size by Type
6.2.1 North America Medical Billing and Coding Market Size by Type (2019-2024)
6.2.2 North America Medical Billing and Coding Market Size by Type (2025-2030)
6.2.3 North America Medical Billing and Coding Market Share by Type (2019-2030)
6.3 North America Medical Billing and Coding Market Size by Application
6.3.1 North America Medical Billing and Coding Market Size by Application (2019-2024)
6.3.2 North America Medical Billing and Coding Market Size by Application (2025-2030)
6.3.3 North America Medical Billing and Coding Market Share by Application (2019-2030)
6.4 North America Medical Billing and Coding Market Size by Country
6.4.1 North America Medical Billing and Coding Market Size by Country: 2019 VS 2023 VS 2030
6.4.2 North America Medical Billing and Coding Market Size by Country (2019-2024)
6.4.3 North America Medical Billing and Coding Market Size by Country (2025-2030)
6.4.4 U.S.
6.4.5 Canada
7 Europe
7.1 Europe Medical Billing and Coding Market Size (2019-2030)
7.2 Europe Medical Billing and Coding Market Size by Type
7.2.1 Europe Medical Billing and Coding Market Size by Type (2019-2024)
7.2.2 Europe Medical Billing and Coding Market Size by Type (2025-2030)
7.2.3 Europe Medical Billing and Coding Market Share by Type (2019-2030)
7.3 Europe Medical Billing and Coding Market Size by Application
7.3.1 Europe Medical Billing and Coding Market Size by Application (2019-2024)
7.3.2 Europe Medical Billing and Coding Market Size by Application (2025-2030)
7.3.3 Europe Medical Billing and Coding Market Share by Application (2019-2030)
7.4 Europe Medical Billing and Coding Market Size by Country
7.4.1 Europe Medical Billing and Coding Market Size by Country: 2019 VS 2023 VS 2030
7.4.2 Europe Medical Billing and Coding Market Size by Country (2019-2024)
7.4.3 Europe Medical Billing and Coding Market Size by Country (2025-2030)
7.4.3 Germany
7.4.4 France
7.4.5 U.K.
7.4.6 Italy
7.4.7 Russia
7.4.8 Nordic Countries
8 China
8.1 China Medical Billing and Coding Market Size (2019-2030)
8.2 China Medical Billing and Coding Market Size by Type
8.2.1 China Medical Billing and Coding Market Size by Type (2019-2024)
8.2.2 China Medical Billing and Coding Market Size by Type (2025-2030)
8.2.3 China Medical Billing and Coding Market Share by Type (2019-2030)
8.3 China Medical Billing and Coding Market Size by Application
8.3.1 China Medical Billing and Coding Market Size by Application (2019-2024)
8.3.2 China Medical Billing and Coding Market Size by Application (2025-2030)
8.3.3 China Medical Billing and Coding Market Share by Application (2019-2030)
9 Asia (excluding China)
9.1 Asia Medical Billing and Coding Market Size (2019-2030)
9.2 Asia Medical Billing and Coding Market Size by Type
9.2.1 Asia Medical Billing and Coding Market Size by Type (2019-2024)
9.2.2 Asia Medical Billing and Coding Market Size by Type (2025-2030)
9.2.3 Asia Medical Billing and Coding Market Share by Type (2019-2030)
9.3 Asia Medical Billing and Coding Market Size by Application
9.3.1 Asia Medical Billing and Coding Market Size by Application (2019-2024)
9.3.2 Asia Medical Billing and Coding Market Size by Application (2025-2030)
9.3.3 Asia Medical Billing and Coding Market Share by Application (2019-2030)
9.4 Asia Medical Billing and Coding Market Size by Region
9.4.1 Asia Medical Billing and Coding Market Size by Region: 2019 VS 2023 VS 2030
9.4.2 Asia Medical Billing and Coding Market Size by Region (2019-2024)
9.4.3 Asia Medical Billing and Coding Market Size by Region (2025-2030)
9.4.4 Japan
9.4.5 South Korea
9.4.6 China Taiwan
9.4.7 Southeast Asia
9.4.8 India
9.4.9 Australia
10 Middle East, Africa, and Latin America
10.1 Middle East, Africa, and Latin America Medical Billing and Coding Market Size (2019-2030)
10.2 Middle East, Africa, and Latin America Medical Billing and Coding Market Size by Type
10.2.1 Middle East, Africa, and Latin America Medical Billing and Coding Market Size by Type (2019-2024)
10.2.2 Middle East, Africa, and Latin America Medical Billing and Coding Market Size by Type (2025-2030)
10.2.3 Middle East, Africa, and Latin America Medical Billing and Coding Market Share by Type (2019-2030)
10.3 Middle East, Africa, and Latin America Medical Billing and Coding Market Size by Application
10.3.1 Middle East, Africa, and Latin America Medical Billing and Coding Market Size by Application (2019-2024)
10.3.2 Middle East, Africa, and Latin America Medical Billing and Coding Market Size by Application (2025-2030)
10.3.3 Middle East, Africa, and Latin America Medical Billing and Coding Market Share by Application (2019-2030)
10.4 Middle East, Africa, and Latin America Medical Billing and Coding Market Size by Country
10.4.1 Middle East, Africa, and Latin America Medical Billing and Coding Market Size by Country: 2019 VS 2023 VS 2030
10.4.2 Middle East, Africa, and Latin America Medical Billing and Coding Market Size by Country (2019-2024)
10.4.3 Middle East, Africa, and Latin America Medical Billing and Coding Market Size by Country (2025-2030)
10.4.4 Brazil
10.4.5 Mexico
10.4.6 Turkey
10.4.7 Saudi Arabia
10.4.8 Israel
10.4.9 GCC Countries
11 Key Players Profiles
11.1 STARTEK Health
11.1.1 STARTEK Health Company Details
11.1.2 STARTEK Health Business Overview
11.1.3 STARTEK Health Medical Billing and Coding Introduction
11.1.4 STARTEK Health Revenue in Medical Billing and Coding Business (2019-2024)
11.1.5 STARTEK Health Recent Developments
11.2 Oracle
11.2.1 Oracle Company Details
11.2.2 Oracle Business Overview
11.2.3 Oracle Medical Billing and Coding Introduction
11.2.4 Oracle Revenue in Medical Billing and Coding Business (2019-2024)
11.2.5 Oracle Recent Developments
11.3 Verisk Analytics
11.3.1 Verisk Analytics Company Details
11.3.2 Verisk Analytics Business Overview
11.3.3 Verisk Analytics Medical Billing and Coding Introduction
11.3.4 Verisk Analytics Revenue in Medical Billing and Coding Business (2019-2024)
11.3.5 Verisk Analytics Recent Developments
11.4 Aviacode
11.4.1 Aviacode Company Details
11.4.2 Aviacode Business Overview
11.4.3 Aviacode Medical Billing and Coding Introduction
11.4.4 Aviacode Revenue in Medical Billing and Coding Business (2019-2024)
11.4.5 Aviacode Recent Developments
11.5 Maxim Health Information Services
11.5.1 Maxim Health Information Services Company Details
11.5.2 Maxim Health Information Services Business Overview
11.5.3 Maxim Health Information Services Medical Billing and Coding Introduction
11.5.4 Maxim Health Information Services Revenue in Medical Billing and Coding Business (2019-2024)
11.5.5 Maxim Health Information Services Recent Developments
11.6 nThrive
11.6.1 nThrive Company Details
11.6.2 nThrive Business Overview
11.6.3 nThrive Medical Billing and Coding Introduction
11.6.4 nThrive Revenue in Medical Billing and Coding Business (2019-2024)
11.6.5 nThrive Recent Developments
11.7 Medical Record Associates
11.7.1 Medical Record Associates Company Details
11.7.2 Medical Record Associates Business Overview
11.7.3 Medical Record Associates Medical Billing and Coding Introduction
11.7.4 Medical Record Associates Revenue in Medical Billing and Coding Business (2019-2024)
11.7.5 Medical Record Associates Recent Developments
11.8 R1 RCM
11.8.1 R1 RCM Company Details
11.8.2 R1 RCM Business Overview
11.8.3 R1 RCM Medical Billing and Coding Introduction
11.8.4 R1 RCM Revenue in Medical Billing and Coding Business (2019-2024)
11.8.5 R1 RCM Recent Developments
11.9 Allscripts
11.9.1 Allscripts Company Details
11.9.2 Allscripts Business Overview
11.9.3 Allscripts Medical Billing and Coding Introduction
11.9.4 Allscripts Revenue in Medical Billing and Coding Business (2019-2024)
11.9.5 Allscripts Recent Developments
11.10 Cerner
11.10.1 Cerner Company Details
11.10.2 Cerner Business Overview
11.10.3 Cerner Medical Billing and Coding Introduction
11.10.4 Cerner Revenue in Medical Billing and Coding Business (2019-2024)
11.10.5 Cerner Recent Developments
11.11 EClinicalWorks
11.11.1 EClinicalWorks Company Details
11.11.2 EClinicalWorks Business Overview
11.11.3 EClinicalWorks Medical Billing and Coding Introduction
11.11.4 EClinicalWorks Revenue in Medical Billing and Coding Business (2019-2024)
11.11.5 EClinicalWorks Recent Developments
11.12 GE Healthcare
11.12.1 GE Healthcare Company Details
11.12.2 GE Healthcare Business Overview
11.12.3 GE Healthcare Medical Billing and Coding Introduction
11.12.4 GE Healthcare Revenue in Medical Billing and Coding Business (2019-2024)
11.12.5 GE Healthcare Recent Developments
11.13 Genpact
11.13.1 Genpact Company Details
11.13.2 Genpact Business Overview
11.13.3 Genpact Medical Billing and Coding Introduction
11.13.4 Genpact Revenue in Medical Billing and Coding Business (2019-2024)
11.13.5 Genpact Recent Developments
11.14 HCL Technologies
11.14.1 HCL Technologies Company Details
11.14.2 HCL Technologies Business Overview
11.14.3 HCL Technologies Medical Billing and Coding Introduction
11.14.4 HCL Technologies Revenue in Medical Billing and Coding Business (2019-2024)
11.14.5 HCL Technologies Recent Developments
11.15 Kareo
11.15.1 Kareo Company Details
11.15.2 Kareo Business Overview
11.15.3 Kareo Medical Billing and Coding Introduction
11.15.4 Kareo Revenue in Medical Billing and Coding Business (2019-2024)
11.15.5 Kareo Recent Developments
11.16 McKesson
11.16.1 McKesson Company Details
11.16.2 McKesson Business Overview
11.16.3 McKesson Medical Billing and Coding Introduction
11.16.4 McKesson Revenue in Medical Billing and Coding Business (2019-2024)
11.16.5 McKesson Recent Developments
11.17 Quest Diagnostics
11.17.1 Quest Diagnostics Company Details
11.17.2 Quest Diagnostics Business Overview
11.17.3 Quest Diagnostics Medical Billing and Coding Introduction
11.17.4 Quest Diagnostics Revenue in Medical Billing and Coding Business (2019-2024)
11.17.5 Quest Diagnostics Recent Developments
11.18 The SSI Group
11.18.1 The SSI Group Company Details
11.18.2 The SSI Group Business Overview
11.18.3 The SSI Group Medical Billing and Coding Introduction
11.18.4 The SSI Group Revenue in Medical Billing and Coding Business (2019-2024)
11.18.5 The SSI Group Recent Developments
11.19 3M
11.19.1 3M Company Details
11.19.2 3M Business Overview
11.19.3 3M Medical Billing and Coding Introduction
11.19.4 3M Revenue in Medical Billing and Coding Business (2019-2024)
11.19.5 3M Recent Developments
11.20 MRA Health Information Services
11.20.1 MRA Health Information Services Company Details
11.20.2 MRA Health Information Services Business Overview
11.20.3 MRA Health Information Services Medical Billing and Coding Introduction
11.20.4 MRA Health Information Services Revenue in Medical Billing and Coding Business (2019-2024)
11.20.5 MRA Health Information Services Recent Developments
11.21 Dolbey
11.21.1 Dolbey Company Details
11.21.2 Dolbey Business Overview
11.21.3 Dolbey Medical Billing and Coding Introduction
11.21.4 Dolbey Revenue in Medical Billing and Coding Business (2019-2024)
11.21.5 Dolbey Recent Developments
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
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
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Ìý
*If Applicable.
