Clinical Documentation Improvement (CDI) Market - By Component (Solution [Documentation, Clinical Coding, Charge Capture, CDI Software], Consulting Service), End-user (Healthcare Provider, Healthcare Payer) - Global Forecast (2024 - 2032)

Clinical documentation improvement market size is set to record 7.3% CAGR during 2024-2032 driven by the increasing need for accurate and comprehensive patient records to enhance healthcare quality and compliance. As healthcare systems transition to value-based care models and face stricter regulatory requirements, precise clinical documentation has become critical for accurate coding, billing, and reimbursement processes.

Enhanced documentation accuracy also contributes to better patient care as it provides a more detailed understanding of patient health and supports effective treatment planning and outcomes measurement. For instance, in May 2024, Regard announced a three-year enterprise agreement with WakeMed Health & Hospitals for enhanced documentation quality while reducing the physician burden and improve patient care.

Moreover, electronic health record systems generate vast amounts of clinical data, which requires systematic organization and interpretation to ensure clinical accuracy and compliance. To that end, clinical documentation improvement (CDI) solutions are favored as they leverage data analytics and natural language processing to identify documentation gaps, suggest improvements, and facilitate real-time corrections. This technological advancement is supporting healthcare providers in maintaining high standards of documentation and achieving operational efficiencies.

The overall industry is segmented into component, end-user, and region.

Based on component, the CDI market size from the consulting services segment is expected to generate notable revenue by 2032 due to its critical role in providing specialized expertise and tailored strategies for optimizing clinical documentation practices. Consulting services offer healthcare organizations comprehensive assessments of their documentation processes while implementing the best practices and ensuring compliance with evolving regulations and coding standards.

In terms of end-user, the clinical documentation improvement market size from the healthcare payers segment is projected to observe robust CAGR during 2024 - 2032. This is owing to the strong focus on accurate and comprehensive documentation for effective claims processing and risk adjustment. Payers rely on precise clinical documentation to ensure that claims are correctly coded and reimbursed, which directly impacts their financial performance and compliance with regulatory standards.

Asia Pacific clinical documentation improvement industry size will grow substantially between 2024 and 2032 attributed to the accelerating adoption of electronic health records (EHRs) and increasing focus on healthcare quality and regulatory compliance. As countries in APAC enhance their healthcare infrastructure and move towards digitalization, there is growing need for robust CDI solutions to ensure accurate and comprehensive clinical documentation.