Computer-assisted Coding Market Regional Analysis:
North American Market Insights
North American computer-assisted coding market is anticipated to hold the largest share of 36% during the foreseen period. The growth can be accredited to the growing adoption of digital healthcare services in the region. Also, the presence of the major key players in the region is accelerating the growth of the market. For instance, in November 2023, John Muir Health (JMH) and Ambience Healthcare announced their partnership, introducing a generative AI platform that is completely connected with Epic's EHR. Furthermore, telemedicine is a rapidly expanding trend in North America's digital health business that enables people to get healthcare remotely. As per a survey, 52% of North American adults polled in 2022 said they had used telemedicine, which involved a live video conference with their doctor. This was a considerable growth over the years prior.
APAC Market Insights
Computer-assisted coding market in Asia Pacific is expected to hold a share of 28% by the end of 2035. The growth can be attributed to the growing demand for the reduction of the burden of the healthcare systems in the region. Also, governments in various countries are launching programs for implementing digital healthcare, which is positively impacting the growth of the market. For instance, one of the biggest health insurance programs in the world is Ayushman Bharat, generally referred to as the Pradhan Mantri Jan Arogya Yojana (PMJAY). The objective was to offer monetary safeguarding against unaffordable medical expenses. Also, China published a set of supporting policies for the construction of smart hospitals in 2022, based on the use of electronic medical records (EMRs) systems and other information systems, to optimize medical services and simplify diagnosis and treatment. Therefore, these factors are propelling the growth of the market in the region.
