Coding Market Size News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Share this article Share this article ResearchAndMarkets.com s offering. The U.S. medical coding market size is expected to reach USD 31.4 billion by 2028 registering a CAGR of 8.3% during the forecast period. Frequent revisions in the medical codes is one of the major parameter driving the market growth. Moreover, new codes were developed for coding and billing of the COVID-19 disease. For instance, new ICD codes were launched by the World Health Organization, such as U07.1, B34.2, and B97.29. Moreover, CPT published new codes for COVID-19 testing. The Centers for Medicare & Medicaid Services (CMS) also developed new codes for lab testing. This, in turn, is estimated to drive market growth over the coming years.

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