South Korea Ai In Medical Coding Market Size & Outlook

The ai in medical coding market in South Korea is expected to reach a projected revenue of US$ 80.8 million by 2030. A compound annual growth rate of 12.8% is expected of South Korea ai in medical coding market from 2023 to 2030.
Revenue, 2022 (US$M)
$30.8
Forecast, 2030 (US$M)
$80.8
CAGR, 2023 - 2030
12.8%
Report Coverage
South Korea

South Korea ai in medical coding market highlights

  • The South Korea ai in medical coding market generated a revenue of USD 30.8 million in 2022 and is expected to reach USD 80.8 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 12.8% from 2023 to 2030.
  • In terms of segment, outsourced was the largest revenue generating component in 2022.
  • Outsourced is the most lucrative component segment registering the fastest growth during the forecast period.

Ai in medical coding market data book summary

Market revenue in 2022USD 30.8 million
Market revenue in 2030USD 80.8 million
Growth rate12.8% (CAGR from 2022 to 2030)
Largest segmentOutsourced
Fastest growing segmentOutsourced
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationIn-house, Outsourced
Key market players worldwideInternational Business Machines Corp, BUDDI AI, CodaMetrix, Aideo Technologies, Diagnoss, Fathom, Clinion

Other key industry trends

  • In terms of revenue, South Korea accounted for 1.5% of the global ai in medical coding market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China ai in medical coding market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 333.5 million by 2030.

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AI In Medical Coding Market Companies

Name Profile # Employees HQ Website

South Korea ai in medical coding market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ai in medical coding market will help companies and investors design strategic landscapes.


Outsourced was the largest segment with a revenue share of 67.21% in 2022. Horizon Databook has segmented the South Korea ai in medical coding market based on in-house, outsourced covering the revenue growth of each sub-segment from 2018 to 2030.


  • South Korea AI In Medical Coding Component Outlook (Revenue, USD Million, 2018-2030)
    • In-house
    • Outsourced

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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea ai in medical coding market , including forecasts for subscribers. This country databook contains high-level insights into South Korea ai in medical coding market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Korea ai in medical coding market size, by component, 2018-2030 (US$M)

South Korea AI In Medical Coding Market Outlook Share, 2022 & 2030 (US$M)

South Korea ai in medical coding market size, by component, 2018-2030 (US$M)

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