Global Medical Terminology Software Market Size & Outlook
Global medical terminology software market, 2017-2030 (US$M)
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Global medical terminology software market highlights
- The global medical terminology software market generated a revenue of USD 1,190.7 million in 2023 and is expected to reach USD 2,342.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 10.1% by 2030.
- In terms of segment, quality reporting accounted for a revenue of USD 264.2 million in 2023.
- Quality Reporting is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 1,190.7 million |
| Market revenue in 2030 | USD 2,342.4 million |
| Growth rate | 10.1% (CAGR from 2023 to 2030) |
| Largest segment | Quality reporting |
| Fastest growing segment | Quality Reporting |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Data Aggregation, Reimbursement, Public Health Surveillance, Data Integration, Decision Support, Clinical Trials, Quality Reporting, Other Application |
Other key industry trends
- In terms of revenue, the North America accounted for 46.2% of the global medical terminology software market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Brazil is the fastest growing regional market and is projected to reach USD 50.9 million by 2030.
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Medical Terminology Software Market Scope
Medical Terminology Software Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global medical terminology software 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 medical terminology software market will help companies and investors design strategic landscapes.
Quality reporting was the largest segment with a revenue share of 22.19% in 2023. Horizon Databook has segmented the Global medical terminology software market based on data aggregation, reimbursement, public health surveillance, data integration, decision support, clinical trials, quality reporting, other application covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Medical Terminology Software Application Outlook (Revenue, USD Million, 2017-2030)
- Data Aggregation
- Reimbursement
- Public Health Surveillance
- Data Integration
- Decision Support
- Clinical Trials
- Quality Reporting
- Other Application
- Global Medical Terminology Software End Use Outlook (Revenue, USD Million, 2017-2030)
- Healthcare Providers
- Healthcare Payers
- Healthcare IT Vendors
- Other End Use
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Target buyers of Global medical terminology software market databook
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Our clientele includes a mix of medical terminology software market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global medical terminology software market , including forecasts for subscribers. This global databook contains high-level insights into Global medical terminology software market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Global medical terminology software market size, by region, 2017-2030 (US$M)
Top 10 countries: Medical terminology software market size, 2023 (US$M)
Global medical terminology software market share, by application, 2023 & 2030 (%, US$M)
Medical terminology software market: Opportunity assessment by country
Global medical terminology software market, by region, 2023 (US$M)
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