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United States Medical Coding Markets, 2019-2020 & 2021-2028 May 20, 2021 04:08 ET | Source: Research and Markets Research and Markets Dublin, IRELAND ResearchAndMarkets.com s offering. The United States (U.S.) medical coding market is forecasted to grow with a CAGR of 8.8% during the forecast period, 2020-2028 Medical coding is the translation of healthcare procedures, diagnoses, medicals services, and equipment into universal medical alphanumeric codes by medical transcriptionists. Factors such as the advent in data enrichment tools, such as mobile health or mHealth and electronic health records (EHRs), among others, coupled with the growing utilization of data analytics, and the rising implementation of IT in the healthcare sector for real-time data monitoring, are anticipated to contribute to the market growth during the forecast period.

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