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Healthcare Medical Terminology Software Market

Market Definition

Factors driving market growth include an increasing emphasis on reducing medical errors, government initiatives to encourage HCIT adoption, and divergence and fragmentation in healthcare organisations' terminology content. The data aggregation segment accounted for the largest share of the medical terminology software market. The growing emphasis on reducing medical errors, as well as the need to establish a reliable and comprehensive data source and enhance performance assessment and accountability in patient care, can be attributed to the large share of this segment. The demand for medical terminology software was dominated by the services segment. The growing need for patient data standardisation, as well as the need to minimise medical errors and the accumulation of vast volumes of healthcare data, can be attributed to this segment's large share. North America is projected to command a greater share of the market. The high adoption of HCIT innovations, regulatory requirements regarding patient safety, the presence of leading market players in the area, and the demand for accurate data sharing between healthcare providers and payers to streamline workflows are all factors that contribute to North America's large share.

Report Scope

The global market report scope includes a detailed study covering underlying factors influencing the industry trends. The report covers analysis of regional and country-level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes a detailed competitive outlook covering market shares and profiles key participants in the market share. 

Major Market Players

Key market players include Wolters Kluwer, Wolters Kluwer, 3M, Intelligent Medical Objects, Clinical Architecture, Apelon, Carecom, Bitac, B2i Healthcare, BT Clinical Computing, Hive Worx.

The Medical Terminology Software Market report has been categorized as below

By Application

  • Data Aggregation
  • Reimbursement
  • Public Health Surveillance
  • Data Integration
  • Decision Support
  • Clinical Trials
  • Quality Reporting
  • Clinical Guidelines

By Product & Service

  • Service
  • Platforms

By End User 

  • Healthcare Providers
  • Healthcare service providers
  • Health information exchanges
  • Healthcare Payers
  • Private payers 
  • Public payers
  • Healthcare IT Vendors
  • Other End Users

 By Region

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • Italy
  • UK
  • Rest of Europe
  • Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • Rest of Asia Pacific
  • Rest of the World
  • South America
  • Middle East and Africa

The years considered for the study are as follows:

  • Base year - 2020
  • Estimated year - 2021
  • Projected year - 2022
  • Forecast period - 2021 to 2027

Key Questions Addressed by the Report

  • New products/service competitor are exploring?
  • Key players in the market and how intense is the competition?
  • What are the upcoming industry trends that manufacturers are focusing on in the future updates?
  • For each segment, what are the significant opportunities in the market?
  • What are the key growth strategies adopted by major market players in the market?
  • What are the key success strategies adopted by major competitors in the market?

Why Buy this Report:

  • Gain comprehensive insights on the Medical Terminology Software industry & market trends
  • Note complete analysis of the market status
  • Recognize the market opportunities and growth segments
  • Evaluating business segments & product portfolios, and interpret competitive dynamics
  • Facilitate strategy planning and industry dynamics to strengthen decision making

Report Content

  1. Medical Terminology Software Market Introduction
  2. Key Insights
  3. Report Overview
  4. Markets Covered
  5. Stakeholders
  6. Research Methodology
  7. Research Scope
  8. Market Research Process
  9. Research Data Analysis
  10. Market Size Estimation
  11. Executive Summary
  12. Market Overview
  13. Introduction 
  14. Market Drivers and Restraints
  15. By Application
  16. Data Aggregation
  17. Reimbursement
  18. Public Health Surveillance
  19. Data Integration
  20. Decision Support
  21. Clinical Trials
  22. Quality Reporting
  23. Clinical Guidelines
  24. By Product & Service
  25. Service
  26. Platforms
  27. By End User 
  28. Healthcare Providers
  29. Healthcare service providers
  30. Health information exchanges
  31. Healthcare Payers
  32. Private payers 
  33. Public payers
  34. Healthcare IT Vendors
  35. Other End Users
  36. By Region
  37. Key Points
  38. North America
  39. US
  40. Canada
  41. Mexico
  42. Europe
  43. Germany
  44. France
  45. Italy
  46. UK
  47. Rest of World
  48. Asia Pacific
  49. Japan
  50. China
  51. India
  52. Australia
  53. Rest of Asia Pacific
  54. Rest of the World
  55. South America
  56. Middle East and Africa
  57. Company Profile

(Profile contain company overview, products/services, financials & recent developments)

  1. Wolters Kluwer
  2. 3M
  3. Intelligent Medical Objects
  4. Clinical Architecture
  5. Apelon
  6. Carecom
  7. Bitac
  8. B2i Healthcare
  9. BT Clinical Computing 
  10. Hive Worx


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