PUBLISHER: KBV Research | PRODUCT CODE: 1544311
PUBLISHER: KBV Research | PRODUCT CODE: 1544311
Asia Pacific Medical Coding Market Size, Share & Trends Analysis Report By Component (Outsourced, and In-house), By Country and Growth Forecast, 2024 - 2031
The Asia Pacific Medical Coding Market would witness market growth of 10.5% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Medical Coding Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,643.4 Million by 2031. The Japan market is showcasing a CAGR of 9.9% during (2024 - 2031). Additionally, The India market would register a CAGR of 11.2% during (2024 - 2031).
The medical coding market is a critical and rapidly growing sector within the broader healthcare industry, serving as the foundation for efficient and accurate healthcare management, billing, and data analysis. It is impossible to exaggerate the significance of medical coding as healthcare systems continue to develop.
Moreover, these codes guarantee that healthcare providers are precisely reimbursed for their services, facilitate effective communication between various healthcare entities, and enable comprehensive data collection and analysis, which are indispensable for public health management and policy creation.
The medical coding market in the Asia Pacific region is undergoing substantial development, which is being fueled by the dual forces of a thriving medical tourism industry and an expanding senior population. The increasingly aging population of Japan is causing a substantial increase in the demand for medical coding. According to the Statistics Bureau of Japan, the population aged 65 years and over was 36,236 thousand (29.0 percent of the total population) in 2022, making it one of the oldest populations.
Based on Component, the market is segmented into Outsourced, and In-house. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- 3M Company
- Dolbey Systems, Inc.
- GeBBS Healthcare Solutions, Inc.
- Precyse Coding Solutions LLC
- Microsoft Corporation
- Change Healthcare, Inc. (Optum, Inc.) (UnitedHealth Group, Inc.)
- Oracle Corporation
- The Coding Network, L.L.C.
Asia Pacific Medical Coding Market Report Segmentation
By Component
- Outsourced
- In-house
By Country
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Asia Pacific Medical Coding Market, by Component
- 1.4.2 Asia Pacific Medical Coding Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
- 4.1 Market Share Analysis, 2023
- 4.2 Porter Five Forces Analysis
Chapter 5. Asia Pacific Medical Coding Market by Component
- 5.1 Asia Pacific Outsourced Market by Country
- 5.2 Asia Pacific In-house Market by Country
Chapter 6. Asia Pacific Medical Coding Market by Country
- 6.1 China Medical Coding Market
- 6.1.1 China Medical Coding Market by Component
- 6.2 Japan Medical Coding Market
- 6.2.1 Japan Medical Coding Market by Component
- 6.3 India Medical Coding Market
- 6.3.1 India Medical Coding Market by Component
- 6.4 South Korea Medical Coding Market
- 6.4.1 South Korea Medical Coding Market by Component
- 6.5 Australia Medical Coding Market
- 6.5.1 Australia Medical Coding Market by Component
- 6.6 Malaysia Medical Coding Market
- 6.6.1 Malaysia Medical Coding Market by Component
- 6.7 Rest of Asia Pacific Medical Coding Market
- 6.7.1 Rest of Asia Pacific Medical Coding Market by Component
Chapter 7. Company Profiles
- 7.1 Dolbey Systems, Inc.
- 7.1.1 Company Overview
- 7.1.2 Recent strategies and developments:
- 7.1.2.1 Product Launches and Product Expansions:
- 7.1.3 SWOT Analysis
- 7.2 Microsoft Corporation
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Segmental and Regional Analysis
- 7.2.4 Research & Development Expenses
- 7.2.5 Recent strategies and developments:
- 7.2.5.1 Partnerships, Collaborations, and Agreements:
- 7.2.6 SWOT Analysis
- 7.3 Oracle Corporation
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
- 7.3.3 Segmental and Regional Analysis
- 7.3.4 Research & Development Expense
- 7.3.5 Recent strategies and developments:
- 7.3.5.1 Product Launches and Product Expansions:
- 7.3.5.2 Acquisition and Mergers:
- 7.3.6 SWOT Analysis
- 7.4 Change Healthcare, Inc. (Optum, Inc.) (UnitedHealth Group, Inc.)
- 7.4.1 Company Overview
- 7.4.2 Financial Analysis
- 7.4.3 Segmental Analysis
- 7.5 GeBBS Healthcare Solutions, Inc.
- 7.5.1 Company Overview
- 7.5.2 Recent strategies and developments:
- 7.5.2.1 Acquisition and Mergers:
- 7.6 Precyse Coding Solutions LLC
- 7.6.1 Company Overview
- 7.7 The Coding Network, L.L.C.
- 7.7.1 Company Overview
- 7.8 3M Company
- 7.8.1 Company Overview
- 7.8.2 Financial Analysis
- 7.8.3 Segmental and Regional Analysis
- 7.8.4 Research & Development Expense
- 7.8.5 SWOT Analysis
LIST OF TABLES
- TABLE 1 Asia Pacific Medical Coding Market, 2020 - 2023, USD Million
- TABLE 2 Asia Pacific Medical Coding Market, 2024 - 2031, USD Million
- TABLE 3 Asia Pacific Medical Coding Market by Component, 2020 - 2023, USD Million
- TABLE 4 Asia Pacific Medical Coding Market by Component, 2024 - 2031, USD Million
- TABLE 5 Asia Pacific Outsourced Market by Country, 2020 - 2023, USD Million
- TABLE 6 Asia Pacific Outsourced Market by Country, 2024 - 2031, USD Million
- TABLE 7 Asia Pacific In-house Market by Country, 2020 - 2023, USD Million
- TABLE 8 Asia Pacific In-house Market by Country, 2024 - 2031, USD Million
- TABLE 9 Asia Pacific Medical Coding Market by Country, 2020 - 2023, USD Million
- TABLE 10 Asia Pacific Medical Coding Market by Country, 2024 - 2031, USD Million
- TABLE 11 China Medical Coding Market, 2020 - 2023, USD Million
- TABLE 12 China Medical Coding Market, 2024 - 2031, USD Million
- TABLE 13 China Medical Coding Market by Component, 2020 - 2023, USD Million
- TABLE 14 China Medical Coding Market by Component, 2024 - 2031, USD Million
- TABLE 15 Japan Medical Coding Market, 2020 - 2023, USD Million
- TABLE 16 Japan Medical Coding Market, 2024 - 2031, USD Million
- TABLE 17 Japan Medical Coding Market by Component, 2020 - 2023, USD Million
- TABLE 18 Japan Medical Coding Market by Component, 2024 - 2031, USD Million
- TABLE 19 India Medical Coding Market, 2020 - 2023, USD Million
- TABLE 20 India Medical Coding Market, 2024 - 2031, USD Million
- TABLE 21 India Medical Coding Market by Component, 2020 - 2023, USD Million
- TABLE 22 India Medical Coding Market by Component, 2024 - 2031, USD Million
- TABLE 23 South Korea Medical Coding Market, 2020 - 2023, USD Million
- TABLE 24 South Korea Medical Coding Market, 2024 - 2031, USD Million
- TABLE 25 South Korea Medical Coding Market by Component, 2020 - 2023, USD Million
- TABLE 26 South Korea Medical Coding Market by Component, 2024 - 2031, USD Million
- TABLE 27 Australia Medical Coding Market, 2020 - 2023, USD Million
- TABLE 28 Australia Medical Coding Market, 2024 - 2031, USD Million
- TABLE 29 Australia Medical Coding Market by Component, 2020 - 2023, USD Million
- TABLE 30 Australia Medical Coding Market by Component, 2024 - 2031, USD Million
- TABLE 31 Malaysia Medical Coding Market, 2020 - 2023, USD Million
- TABLE 32 Malaysia Medical Coding Market, 2024 - 2031, USD Million
- TABLE 33 Malaysia Medical Coding Market by Component, 2020 - 2023, USD Million
- TABLE 34 Malaysia Medical Coding Market by Component, 2024 - 2031, USD Million
- TABLE 35 Rest of Asia Pacific Medical Coding Market, 2020 - 2023, USD Million
- TABLE 36 Rest of Asia Pacific Medical Coding Market, 2024 - 2031, USD Million
- TABLE 37 Rest of Asia Pacific Medical Coding Market by Component, 2020 - 2023, USD Million
- TABLE 38 Rest of Asia Pacific Medical Coding Market by Component, 2024 - 2031, USD Million
- TABLE 39 Key Information - Dolbey Systems, Inc.
- TABLE 40 Key Information - Microsoft Corporation
- TABLE 41 Key Information - Oracle Corporation
- TABLE 42 Key Information - Change Healthcare
- TABLE 43 Key Information - GeBBS Healthcare Solutions, Inc.
- TABLE 44 Key Information - Precyse Coding Solutions LLC
- TABLE 45 Key Information - The Coding Network, L.L.C.
- TABLE 46 Key Information - 3M Company
