The global Medical Coding and Billing market was valued at US$ 15.67 billion in 2024 and is projected to reach US$ 24.89 billion by 2030, at a CAGR of 8.0% during the forecast period 2024-2030.
Report Overview
Medical centers, hospitals, and private care professionals bill patients for appointments and services. These services can include check-ups, procedures, testing, treatments, and so on. Medical coding and billing businesses translate these patient services into a bill, and then send and follow up on such medical claims with insurance companies.
This report provides a deep insight into the global Medical Coding and Billing market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Medical Coding and Billing Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Medical Coding and Billing market in any manner.
Global Medical Coding and Billing Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Medical Billers and Coders (MBC)
CHRM Billing
Sybrid Md
Inospirehealth
5 Star Billing Services
GeBBS Healthcare Solutions
QWAY HEALTH
Quest National Services
CureMD
Nation-Wide
MedConverge
Outsource Strategies International
Flatworld
Market Segmentation (by Type)
Medical Billing Services
Medical Coding Services
Market Segmentation (by Application)
Hospital
Clinic
Nursing Center
Geographic Segmentation
TABLE OF CONTENTS
Table of Contents
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Medical Coding and Billing
1.2 Key Market Segments
1.2.1 Medical Coding and Billing Segment by Type
1.2.2 Medical Coding and Billing Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Medical Coding and Billing Market Overview
2.1 Global Market Overview
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Medical Coding and Billing Market Competitive Landscape
3.1 Global Medical Coding and Billing Revenue Market Share by Company (2019-2024)
3.2 Medical Coding and Billing Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Company Medical Coding and Billing Market Size Sites, Area Served, Product Type
3.4 Medical Coding and Billing Market Competitive Situation and Trends
3.4.1 Medical Coding and Billing Market Concentration Rate
3.4.2 Global 5 and 10 Largest Medical Coding and Billing Players Market Share by Revenue
3.4.3 Mergers & Acquisitions, Expansion
4 Medical Coding and Billing Value Chain Analysis
4.1 Medical Coding and Billing Value Chain Analysis
4.2 Midstream Market Analysis
4.3 Downstream Customer Analysis
5 The Development and Dynamics of Medical Coding and Billing Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 Mergers & Acquisitions
5.5.2 Expansions
5.5.3 Collaboration/Supply Contracts
5.6 Industry Policies
6 Medical Coding and Billing Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Medical Coding and Billing Market Size Market Share by Type (2019-2024)
6.3 Global Medical Coding and Billing Market Size Growth Rate by Type (2019-2024)
7 Medical Coding and Billing Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Medical Coding and Billing Market Size (M USD) by Application (2019-2024)
7.3 Global Medical Coding and Billing Market Size Growth Rate by Application (2019-2024)
8 Medical Coding and Billing Market Segmentation by Region
8.1 Global Medical Coding and Billing Market Size by Region
8.1.1 Global Medical Coding and Billing Market Size by Region
8.1.2 Global Medical Coding and Billing Market Size Market Share by Region
8.2 North America
8.2.1 North America Medical Coding and Billing Market Size by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Medical Coding and Billing Market Size by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Medical Coding and Billing Market Size by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Medical Coding and Billing Market Size by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Medical Coding and Billing Market Size by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Medical Billers and Coders (MBC)
9.1.1 Medical Billers and Coders (MBC) Medical Coding and Billing Basic Information
9.1.2 Medical Billers and Coders (MBC) Medical Coding and Billing Product Overview
9.1.3 Medical Billers and Coders (MBC) Medical Coding and Billing Product Market Performance
9.1.4 Medical Billers and Coders (MBC) Medical Coding and Billing SWOT Analysis
9.1.5 Medical Billers and Coders (MBC) Business Overview
9.1.6 Medical Billers and Coders (MBC) Recent Developments
9.2 CHRM Billing
9.2.1 CHRM Billing Medical Coding and Billing Basic Information
9.2.2 CHRM Billing Medical Coding and Billing Product Overview
9.2.3 CHRM Billing Medical Coding and Billing Product Market Performance
9.2.4 CHRM Billing Medical Coding and Billing SWOT Analysis
9.2.5 CHRM Billing Business Overview
9.2.6 CHRM Billing Recent Developments
9.3 Sybrid Md
9.3.1 Sybrid Md Medical Coding and Billing Basic Information
9.3.2 Sybrid Md Medical Coding and Billing Product Overview
9.3.3 Sybrid Md Medical Coding and Billing Product Market Performance
9.3.4 Sybrid Md Medical Coding and Billing SWOT Analysis
9.3.5 Sybrid Md Business Overview
9.3.6 Sybrid Md Recent Developments
9.4 Inospirehealth
9.4.1 Inospirehealth Medical Coding and Billing Basic Information
9.4.2 Inospirehealth Medical Coding and Billing Product Overview
9.4.3 Inospirehealth Medical Coding and Billing Product Market Performance
9.4.4 Inospirehealth Business Overview
9.4.5 Inospirehealth Recent Developments
9.5 5 Star Billing Services
9.5.1 5 Star Billing Services Medical Coding and Billing Basic Information
9.5.2 5 Star Billing Services Medical Coding and Billing Product Overview
9.5.3 5 Star Billing Services Medical Coding and Billing Product Market Performance
9.5.4 5 Star Billing Services Business Overview
9.5.5 5 Star Billing Services Recent Developments
9.6 GeBBS Healthcare Solutions
9.6.1 GeBBS Healthcare Solutions Medical Coding and Billing Basic Information
9.6.2 GeBBS Healthcare Solutions Medical Coding and Billing Product Overview
9.6.3 GeBBS Healthcare Solutions Medical Coding and Billing Product Market Performance
9.6.4 GeBBS Healthcare Solutions Business Overview
9.6.5 GeBBS Healthcare Solutions Recent Developments
9.7 QWAY HEALTH
9.7.1 QWAY HEALTH Medical Coding and Billing Basic Information
9.7.2 QWAY HEALTH Medical Coding and Billing Product Overview
9.7.3 QWAY HEALTH Medical Coding and Billing Product Market Performance
9.7.4 QWAY HEALTH Business Overview
9.7.5 QWAY HEALTH Recent Developments
9.8 Quest National Services
9.8.1 Quest National Services Medical Coding and Billing Basic Information
9.8.2 Quest National Services Medical Coding and Billing Product Overview
9.8.3 Quest National Services Medical Coding and Billing Product Market Performance
9.8.4 Quest National Services Business Overview
9.8.5 Quest National Services Recent Developments
9.9 CureMD
9.9.1 CureMD Medical Coding and Billing Basic Information
9.9.2 CureMD Medical Coding and Billing Product Overview
9.9.3 CureMD Medical Coding and Billing Product Market Performance
9.9.4 CureMD Business Overview
9.9.5 CureMD Recent Developments
9.10 Nation-Wide
9.10.1 Nation-Wide Medical Coding and Billing Basic Information
9.10.2 Nation-Wide Medical Coding and Billing Product Overview
9.10.3 Nation-Wide Medical Coding and Billing Product Market Performance
9.10.4 Nation-Wide Business Overview
9.10.5 Nation-Wide Recent Developments
9.11 MedConverge
9.11.1 MedConverge Medical Coding and Billing Basic Information
9.11.2 MedConverge Medical Coding and Billing Product Overview
9.11.3 MedConverge Medical Coding and Billing Product Market Performance
9.11.4 MedConverge Business Overview
9.11.5 MedConverge Recent Developments
9.12 Outsource Strategies International
9.12.1 Outsource Strategies International Medical Coding and Billing Basic Information
9.12.2 Outsource Strategies International Medical Coding and Billing Product Overview
9.12.3 Outsource Strategies International Medical Coding and Billing Product Market Performance
9.12.4 Outsource Strategies International Business Overview
9.12.5 Outsource Strategies International Recent Developments
9.13 Flatworld
9.13.1 Flatworld Medical Coding and Billing Basic Information
9.13.2 Flatworld Medical Coding and Billing Product Overview
9.13.3 Flatworld Medical Coding and Billing Product Market Performance
9.13.4 Flatworld Business Overview
9.13.5 Flatworld Recent Developments
10 Medical Coding and Billing Regional Market Forecast
10.1 Global Medical Coding and Billing Market Size Forecast
10.2 Global Medical Coding and Billing Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Medical Coding and Billing Market Size Forecast by Country
10.2.3 Asia Pacific Medical Coding and Billing Market Size Forecast by Region
10.2.4 South America Medical Coding and Billing Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Medical Coding and Billing by Country
11 Forecast Market by Type and by Application (2025-2030)
11.1 Global Medical Coding and Billing Market Forecast by Type (2025-2030)
11.2 Global Medical Coding and Billing Market Forecast by Application (2025-2030)
12 Conclusion and Key Findings
LIST OF TABLES & FIGURES
List of Tables
Table 1. Introduction of the Type
Table 2. Introduction of the Application
Table 3. Market Size (M USD) Segment Executive Summary
Table 4. Medical Coding and Billing Market Size Comparison by Region (M USD)
Table 5. Global Medical Coding and Billing Revenue (M USD) by Company (2019-2024)
Table 6. Global Medical Coding and Billing Revenue Share by Company (2019-2024)
Table 7. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Medical Coding and Billing as of 2022)
Table 8. Company Medical Coding and Billing Market Size Sites and Area Served
Table 9. Company Medical Coding and Billing Product Type
Table 10. Global Medical Coding and Billing Company Market Concentration Ratio (CR5 and HHI)
Table 11. Mergers & Acquisitions, Expansion Plans
Table 12. Value Chain Map of Medical Coding and Billing
Table 13. Midstream Market Analysis
Table 14. Downstream Customer Analysis
Table 15. Key Development Trends
Table 16. Driving Factors
Table 17. Medical Coding and Billing Market Challenges
Table 18. Global Medical Coding and Billing Market Size by Type (M USD)
Table 19. Global Medical Coding and Billing Market Size (M USD) by Type (2019-2024)
Table 20. Global Medical Coding and Billing Market Size Share by Type (2019-2024)
Table 21. Global Medical Coding and Billing Market Size Growth Rate by Type (2019-2024)
Table 22. Global Medical Coding and Billing Market Size by Application
Table 23. Global Medical Coding and Billing Market Size by Application (2019-2024) & (M USD)
Table 24. Global Medical Coding and Billing Market Share by Application (2019-2024)
Table 25. Global Medical Coding and Billing Market Size Growth Rate by Application (2019-2024)
Table 26. Global Medical Coding and Billing Market Size by Region (2019-2024) & (M USD)
Table 27. Global Medical Coding and Billing Market Size Market Share by Region (2019-2024)
Table 28. North America Medical Coding and Billing Market Size by Country (2019-2024) & (M USD)
Table 29. Europe Medical Coding and Billing Market Size by Country (2019-2024) & (M USD)
Table 30. Asia Pacific Medical Coding and Billing Market Size by Region (2019-2024) & (M USD)
Table 31. South America Medical Coding and Billing Market Size by Country (2019-2024) & (M USD)
Table 32. Middle East and Africa Medical Coding and Billing Market Size by Region (2019-2024) & (M USD)
Table 33. Medical Billers and Coders (MBC) Medical Coding and Billing Basic Information
Table 34. Medical Billers and Coders (MBC) Medical Coding and Billing Product Overview
Table 35. Medical Billers and Coders (MBC) Medical Coding and Billing Revenue (M USD) and Gross Margin (2019-2024)
Table 36. Medical Billers and Coders (MBC) Medical Coding and Billing SWOT Analysis
Table 37. Medical Billers and Coders (MBC) Business Overview
Table 38. Medical Billers and Coders (MBC) Recent Developments
Table 39. CHRM Billing Medical Coding and Billing Basic Information
Table 40. CHRM Billing Medical Coding and Billing Product Overview
Table 41. CHRM Billing Medical Coding and Billing Revenue (M USD) and Gross Margin (2019-2024)
Table 42. CHRM Billing Medical Coding and Billing SWOT Analysis
Table 43. CHRM Billing Business Overview
Table 44. CHRM Billing Recent Developments
Table 45. Sybrid Md Medical Coding and Billing Basic Information
Table 46. Sybrid Md Medical Coding and Billing Product Overview
Table 47. Sybrid Md Medical Coding and Billing Revenue (M USD) and Gross Margin (2019-2024)
Table 48. Sybrid Md Medical Coding and Billing SWOT Analysis
Table 49. Sybrid Md Business Overview
Table 50. Sybrid Md Recent Developments
Table 51. Inospirehealth Medical Coding and Billing Basic Information
Table 52. Inospirehealth Medical Coding and Billing Product Overview
Table 53. Inospirehealth Medical Coding and Billing Revenue (M USD) and Gross Margin (2019-2024)
Table 54. Inospirehealth Business Overview
Table 55. Inospirehealth Recent Developments
Table 56. 5 Star Billing Services Medical Coding and Billing Basic Information
Table 57. 5 Star Billing Services Medical Coding and Billing Product Overview
Table 58. 5 Star Billing Services Medical Coding and Billing Revenue (M USD) and Gross Margin (2019-2024)
Table 59. 5 Star Billing Services Business Overview
Table 60. 5 Star Billing Services Recent Developments
Table 61. GeBBS Healthcare Solutions Medical Coding and Billing Basic Information
Table 62. GeBBS Healthcare Solutions Medical Coding and Billing Product Overview
Table 63. GeBBS Healthcare Solutions Medical Coding and Billing Revenue (M USD) and Gross Margin (2019-2024)
Table 64. GeBBS Healthcare Solutions Business Overview
Table 65. GeBBS Healthcare Solutions Recent Developments
Table 66. QWAY HEALTH Medical Coding and Billing Basic Information
Table 67. QWAY HEALTH Medical Coding and Billing Product Overview
Table 68. QWAY HEALTH Medical Coding and Billing Revenue (M USD) and Gross Margin (2019-2024)
Table 69. QWAY HEALTH Business Overview
Table 70. QWAY HEALTH Recent Developments
Table 71. Quest National Services Medical Coding and Billing Basic Information
Table 72. Quest National Services Medical Coding and Billing Product Overview
Table 73. Quest National Services Medical Coding and Billing Revenue (M USD) and Gross Margin (2019-2024)
Table 74. Quest National Services Business Overview
Table 75. Quest National Services Recent Developments
Table 76. CureMD Medical Coding and Billing Basic Information
Table 77. CureMD Medical Coding and Billing Product Overview
Table 78. CureMD Medical Coding and Billing Revenue (M USD) and Gross Margin (2019-2024)
Table 79. CureMD Business Overview
Table 80. CureMD Recent Developments
Table 81. Nation-Wide Medical Coding and Billing Basic Information
Table 82. Nation-Wide Medical Coding and Billing Product Overview
Table 83. Nation-Wide Medical Coding and Billing Revenue (M USD) and Gross Margin (2019-2024)
Table 84. Nation-Wide Business Overview
Table 85. Nation-Wide Recent Developments
Table 86. MedConverge Medical Coding and Billing Basic Information
Table 87. MedConverge Medical Coding and Billing Product Overview
Table 88. MedConverge Medical Coding and Billing Revenue (M USD) and Gross Margin (2019-2024)
Table 89. MedConverge Business Overview
Table 90. MedConverge Recent Developments
Table 91. Outsource Strategies International Medical Coding and Billing Basic Information
Table 92. Outsource Strategies International Medical Coding and Billing Product Overview
Table 93. Outsource Strategies International Medical Coding and Billing Revenue (M USD) and Gross Margin (2019-2024)
Table 94. Outsource Strategies International Business Overview
Table 95. Outsource Strategies International Recent Developments
Table 96. Flatworld Medical Coding and Billing Basic Information
Table 97. Flatworld Medical Coding and Billing Product Overview
Table 98. Flatworld Medical Coding and Billing Revenue (M USD) and Gross Margin (2019-2024)
Table 99. Flatworld Business Overview
Table 100. Flatworld Recent Developments
Table 101. Global Medical Coding and Billing Market Size Forecast by Region (2025-2030) & (M USD)
Table 102. North America Medical Coding and Billing Market Size Forecast by Country (2025-2030) & (M USD)
Table 103. Europe Medical Coding and Billing Market Size Forecast by Country (2025-2030) & (M USD)
Table 104. Asia Pacific Medical Coding and Billing Market Size Forecast by Region (2025-2030) & (M USD)
Table 105. South America Medical Coding and Billing Market Size Forecast by Country (2025-2030) & (M USD)
Table 106. Middle East and Africa Medical Coding and Billing Market Size Forecast by Country (2025-2030) & (M USD)
Table 107. Global Medical Coding and Billing Market Size Forecast by Type (2025-2030) & (M USD)
Table 108. Global Medical Coding and Billing Market Size Forecast by Application (2025-2030) & (M USD)
List of Figures
Figure 1. Industrial Chain of Medical Coding and Billing
Figure 2. Data Triangulation
Figure 3. Key Caveats
Figure 4. Global Medical Coding and Billing Market Size (M USD), 2019-2030
Figure 5. Global Medical Coding and Billing Market Size (M USD) (2019-2030)
Figure 6. Evaluation Matrix of Segment Market Development Potential (Type)
Figure 7. Evaluation Matrix of Segment Market Development Potential (Application)
Figure 8. Evaluation Matrix of Regional Market Development Potential
Figure 9. Medical Coding and Billing Market Size by Country (M USD)
Figure 10. Global Medical Coding and Billing Revenue Share by Company in 2023
Figure 11. Medical Coding and Billing Market Share by Company Type (Tier 1, Tier 2 and Tier 3): 2023
Figure 12. The Global 5 and 10 Largest Players: Market Share by Medical Coding and Billing Revenue in 2023
Figure 13. Evaluation Matrix of Segment Market Development Potential (Type)
Figure 14. Global Medical Coding and Billing Market Share by Type
Figure 15. Market Size Share of Medical Coding and Billing by Type (2019-2024)
Figure 16. Market Size Market Share of Medical Coding and Billing by Type in 2022
Figure 17. Global Medical Coding and Billing Market Size Growth Rate by Type (2019-2024)
Figure 18. Evaluation Matrix of Segment Market Development Potential (Application)
Figure 19. Global Medical Coding and Billing Market Share by Application
Figure 20. Global Medical Coding and Billing Market Share by Application (2019-2024)
Figure 21. Global Medical Coding and Billing Market Share by Application in 2022
Figure 22. Global Medical Coding and Billing Market Size Growth Rate by Application (2019-2024)
Figure 23. Global Medical Coding and Billing Market Size Market Share by Region (2019-2024)
Figure 24. North America Medical Coding and Billing Market Size and Growth Rate (2019-2024) & (M USD)
Figure 25. North America Medical Coding and Billing Market Size Market Share by Country in 2023
Figure 26. U.S. Medical Coding and Billing Market Size and Growth Rate (2019-2024) & (M USD)
Figure 27. Canada Medical Coding and Billing Market Size (M USD) and Growth Rate (2019-2024)
Figure 28. Mexico Medical Coding and Billing Market Size (Units) and Growth Rate (2019-2024)
Figure 29. Europe Medical Coding and Billing Market Size and Growth Rate (2019-2024) & (M USD)
Figure 30. Europe Medical Coding and Billing Market Size Market Share by Country in 2023
Figure 31. Germany Medical Coding and Billing Market Size and Growth Rate (2019-2024) & (M USD)
Figure 32. France Medical Coding and Billing Market Size and Growth Rate (2019-2024) & (M USD)
Figure 33. U.K. Medical Coding and Billing Market Size and Growth Rate (2019-2024) & (M USD)
Figure 34. Italy Medical Coding and Billing Market Size and Growth Rate (2019-2024) & (M USD)
Figure 35. Russia Medical Coding and Billing Market Size and Growth Rate (2019-2024) & (M USD)
Figure 36. Asia Pacific Medical Coding and Billing Market Size and Growth Rate (M USD)
Figure 37. Asia Pacific Medical Coding and Billing Market Size Market Share by Region in 2023
Figure 38. China Medical Coding and Billing Market Size and Growth Rate (2019-2024) & (M USD)
Figure 39. Japan Medical Coding and Billing Market Size and Growth Rate (2019-2024) & (M USD)
Figure 40. South Korea Medical Coding and Billing Market Size and Growth Rate (2019-2024) & (M USD)
Figure 41. India Medical Coding and Billing Market Size and Growth Rate (2019-2024) & (M USD)
Figure 42. Southeast Asia Medical Coding and Billing Market Size and Growth Rate (2019-2024) & (M USD)
Figure 43. South America Medical Coding and Billing Market Size and Growth Rate (M USD)
Figure 44. South America Medical Coding and Billing Market Size Market Share by Country in 2023
Figure 45. Brazil Medical Coding and Billing Market Size and Growth Rate (2019-2024) & (M USD)
Figure 46. Argentina Medical Coding and Billing Market Size and Growth Rate (2019-2024) & (M USD)
Figure 47. Columbia Medical Coding and Billing Market Size and Growth Rate (2019-2024) & (M USD)
Figure 48. Middle East and Africa Medical Coding and Billing Market Size and Growth Rate (M USD)
Figure 49. Middle East and Africa Medical Coding and Billing Market Size Market Share by Region in 2023
Figure 50. Saudi Arabia Medical Coding and Billing Market Size and Growth Rate (2019-2024) & (M USD)
Figure 51. UAE Medical Coding and Billing Market Size and Growth Rate (2019-2024) & (M USD)
Figure 52. Egypt Medical Coding and Billing Market Size and Growth Rate (2019-2024) & (M USD)
Figure 53. Nigeria Medical Coding and Billing Market Size and Growth Rate (2019-2024) & (M USD)
Figure 54. South Africa Medical Coding and Billing Market Size and Growth Rate (2019-2024) & (M USD)
Figure 55. Global Medical Coding and Billing Market Size Forecast by Value (2019-2030) & (M USD)
Figure 56. Global Medical Coding and Billing Market Share Forecast by Type (2025-2030)
Figure 57. Global Medical Coding and Billing Market Share Forecast by Application (2025-2030)
