Forecasts by service type and end use until 2032 are included.
This is a market analysis report from Market Research Future. The clinical coding market in Australia is projected to grow at a compound annual growth rate (CAGR) of 7.96% during the forecast period from 2023 to 2032. Clinical coding is the process of converting patients' medical records into standardized alphanumeric codes, which are used for statistical analysis, billing, and improving the quality of healthcare. The main factors driving market growth include the increase in healthcare services, rising prevalence of chronic diseases, and the expansion of electronic health record (EHR) system adoption. However, a shortage of skilled clinical coders may pose a challenge to market growth. The market is segmented by service type into outsourced clinical coding and in-house clinical coding, and by end-user into hospitals, diagnostic centers, and others. Key companies in the market include Mamco, Matthews, Synapse Medical Services, Cotiviti, 3M, AusHealth, MediCODE, iMedX Australia, Uplift Group Australia, and Beamtree, all of which are competing in the market.
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