According to MRFR analysis, the global medical coding market is expected to reach USD 29,738.19 million at a CAGR of 11.12% from 2020 to 2027. The global medical coding market is driven by the rising demand for effective electronic health records, healthcare management systems, and clinical data management solutions throughout the globe. Increasing integration of cloud services has generated the demand for cloud-based medical coded systems. The cloud-based software is easy to maintain and doesn?t require hard drives for data access. In addition, cloud-based healthcare systems improve efficiency in coding, and are cost-effective and remotely accessible.
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