Medical Coding Market Size, Industry Share, Demand and Forecast 2024-2032

IMARC Group, a leading market research company, has recently releases report titled “ Medical Coding Market Report by Component (In-house, Outsourced), Classification System (International Classification of Diseases (ICD), Healthcare Common Procedure Code System (HCPCS)), End User (Hospitals, Diagnostic Centers, and Others), and Region 2024-2032 ”, Offers a comprehensive analysis of the industry, which comprises insights on the global medical coding market . How Big Is the Medical Coding Market? The global medical coding market size reached US$ 21.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 49.8 Billion by 2032 exhibiting a growth rate (CAGR) of 9.8% during 2024-2032. Factors Affecting the Growth of the Medical Coding Industry: Technological Advancements: Technological advancements significantly propel the medical coding market. The adoption of Electronic Health Records (EHR) and Health Information Technology (HIT) systems enhances the accuracy ...