Photos from enVato
Its growth is driven by the demand for standardized and better health data.
According to SNS Insider data, by 2032, the global medical term software market is expected to reach a compound annual growth rate of 17.09 % to 2032 to $ 4.95B.
The expansion of the industry is attributed to the demand for standardization, better integrating medical care data and improving clinical results.
The medical care system uses medical term standards such as ICD, SNOMED CT, and CPT to ensure consistent, accurate clinical documents, billing and diagnosis codes.
The report said: “The increasing complexity of these progress and medical data and the demand for regulatory compliance in the clinical and medical care environment has continued to rise.”
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