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Global Medical Terminology Software Market Trajectory & Analytics, 2020-2027: Market to Reach $2.9 Billion - U.S. Market is Estimated at $222.8 Million, While China is Forecast to Grow at 25.1% CAGR - ResearchAndMarkets.com

·2-min read

The "Medical Terminology Software - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Medical Terminology Software Market to Reach $2.9 Billion by 2027

Amid the COVID-19 crisis, the global market for Medical Terminology Software, estimated at US$829.1 Million in the year 2020, is projected to reach a revised size of US$2.9 Billion by 2027, growing at a CAGR of 19.5% over the period 2020-2027.

Services, one of the segments analyzed in the report, is projected to record 20.1% CAGR and reach US$2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Platform segment is readjusted to a revised 18.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $222.8 Million, While China is Forecast to Grow at 25.1% CAGR

The Medical Terminology Software market in the U.S. is estimated at US$222.8 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$699.8 Million by the year 2027 trailing a CAGR of 25% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 14% and 17.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 15.4% CAGR.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights

  • World Market Trajectories

  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS (Total 36 Featured):

  • 3M

  • Apelon

  • B2i Healthcare

  • Bitac

  • BT Clinical Computing

  • CareCom

  • Clinical Architecture

  • HiveWorx

  • Intelligent Medical Objects

  • Wolters Kluwer

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

  • United States

  • Canada

  • Japan

  • China

  • Europe

  • France

  • Germany

  • Italy

  • United Kingdom

  • Spain

  • Russia

  • Rest Of Europe

  • Asia-Pacific

  • Australia

  • India

  • South Korea

  • Rest Of Asia-Pacific

  • Latin America

  • Argentina

  • Brazil

  • Mexico

  • Rest Of Latin America

  • Middle East

  • Iran

  • Israel

  • Saudi Arabia

  • United Arab Emirates

  • Rest Of Middle East

  • Africa

IV. COMPETITION

  • Total Companies Profiled: 36

For more information about this report visit https://www.researchandmarkets.com/r/we2ufq

View source version on businesswire.com: https://www.businesswire.com/news/home/20210408005600/en/

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