Medical Terminology Software Market | $ 1.27 billion growth expected during 2021-2025 | 17000+ Technavio Research Reports

NEW YORK, June 14, 2021 /PRNewswire/ --

The medical terminology software market is expected to grow by USD1.27 billion during 2021-2025, according to Technavio. The report offers a detailed analysis of the medical terminology software market in optimistic, probable, and pessimistic forecast scenarios.

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With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. As per Technavio's pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020.

This post-pandemic business planning research will aid clients to:

• Adjust their strategic planning to move ahead once business stability kicks in.
• Build Resilience by making effective resource and investment choices for individual business units, products, and service lines.
• Conceptualize scenario-based planning to mitigate future crisis situations.

Key Considerations for Market Forecast:

• Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
• Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
• Pre- as well as post-COVID-19 market estimates
• Quarterly impact analysis and updates on market estimates

Major Three Medical Terminology Software Market Participants:

3M Co.

3M Co. offers 3M Terminology Consulting Services which operationalizes multiple, diverse terminologies for clinical systems, data warehouses and repositories, and electronic health records (EHRs).

BITAC MAP SL

BITAC MAP SL offers CTMAP, a SaaS tool that allows coding clinical information in various international standard terminologies such as SNOMED CT, LOINC, CIE-10, and OMIM.

B2i Healthcare Pte Ltd

B2i Healthcare Pte Ltd offers Snow Owl collaborative terminology authoring platform which maintains terminology artifacts developed by a team and supported by business workflows.

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get report snapshot here to gt a detailed market share analysis of market participants during COVID-19 lockdown: https://www.technavio.com/report/medical-terminology-software-market-industry-analysis

Medical Terminology Software Market 2021-2025: Segmentation

The medical terminology software market is segmented as below:

• Type
• Services
• Platforms
• Geography
• North America
• Europe
• APAC
• South America
• The Middle East and Africa

The medical terminology software market is driven by the rising focus on minimizing medical errors. In addition, the growing adoption of HCIT is expected to trigger the medical terminology software market toward witnessing a CAGR of over 20% during the forecast period.

Get more insights about the global trends impacting the future of the medical terminology software market, Request Free Sample @
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Market Drivers

Market Challenges

Market Trends

Vendor Landscape

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Competitive scenario

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