The clinical documentation improvement market size has grown strongly in recent years. It will grow from $3.99 billion in 2024 to $4.32 billion in 2025 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to the shift to value-based care models, changes in regulations and compliance requirements, ICD-10 coding transition that led to more detailed documentation needs, widespread EHR adoption improved data capture and documentation practices, optimizing revenue cycle management and reducing claim denials, use of data analytics to identify documentation gap.
The clinical documentation improvement market size is expected to see strong growth in the next few years. It will grow to $5.87 billion in 2029 at a compound annual growth rate (CAGR) of 8%. The growth in the forecast period can be attributed to increasing focus on interoperability will drive improvements in documentation practices, growth in precision medicine, incorporation of patient-generated health data, rise of telemedicine will require adaptations, new regulations and compliance standards. Major trends in the forecast period include AI-driven documentation, integrated data systems, precision medicine documentation, real-time patient data, remote care adaptations, and advanced analytics.
The growing burden of chronic diseases is anticipated to drive the expansion of the clinical documentation improvement market in the future. This rise in chronic diseases is largely due to aging populations, lifestyle factors such as poor diet and insufficient exercise, and increasing prevalence of risk factors like obesity and smoking. Clinical documentation improvement plays a key role in managing chronic diseases by ensuring accurate and thorough patient records, which facilitates better care coordination, treatment planning, and outcomes. For example, in January 2024, the British Heart Foundation, a UK-based cardiovascular research charity, reported that around 7.6 million people in the UK are affected by heart and circulatory diseases, with approximately 4 million males and 3.6 million females living with these conditions. These diseases contribute to about 27% of all deaths in the country, resulting in over 170,000 deaths annually, or roughly 480 deaths per day, equivalent to one every three minutes. Consequently, the increasing burden of chronic diseases is expected to propel the growth of the clinical documentation improvement market.
Leading companies in the clinical documentation improvement market are focusing on developing advanced solutions such as generative artificial intelligence (AI)-based medical documentation to improve accuracy, efficiency, and overall quality. Generative AI-based medical documentation involves using AI to automatically generate, manage, and enhance patient medical records. For instance, in April 2024, Augmedix Inc., a US-based provider of AI medical documentation and data solutions, introduced Augmedix Go. This fully automated, generative AI-powered product is designed for emergency departments and aims to enhance patient experiences at the point of care, increase productivity through improved documentation quality, reduce the cognitive load of note-taking for providers, and shorten chart closure times.
In March 2022, Omega Healthcare Management Services Private Limited, a US-based technology-enabled company, acquired Reventics for an undisclosed amount. This acquisition is aimed at bolstering Omega Healthcare’s capabilities in AI-powered clinical documentation improvement (CDI) and revenue cycle management (RCM). By utilizing Reventics' advanced technology and provider-centered solutions, Omega seeks to improve client outcomes and expand its presence within the healthcare sector. Reventics Inc., a US-based company, specializes in clinical documentation improvement (CDI) and revenue cycle management (RCM) solutions.
Major companies operating in the clinical documentation improvement market are Optum Inc., 3M Company, Cerner Corporation, Epic Systems Corporation, GEBBS Healthcare Solutions Private Limited, CorroHealth Inc., Accuity Holdings, Nuance Communications Inc, AGS Health Private Limited, Aquity Solutions India Private Limited, Vizient Inc., Health Catalyst Inc., The Craneware Group Inc., Optimum Healthcare IT LLC., Claro Healthcare LLC., Iodine Software LLC, Health Fidelity Inc., Vitalware LLC., Streamline Healthcare Solutions Private Limited, Medaxiom Cardiology LLC, Dolbey Systems Inc., ChartWise Medical Systems Inc., Qventus Inc.
North America was the largest region in the clinical documentation improvement market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the clinical documentation improvement market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the clinical documentation improvement market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Clinical Documentation Improvement (CDI) refers to the process of enhancing the accuracy, completeness, and clarity of clinical documentation in healthcare settings. The objective of CDI is to ensure that medical records accurately represent a patient's clinical status, treatments, and outcomes. This is crucial for providing quality patient care, ensuring accurate coding, obtaining proper reimbursement, and meeting regulatory compliance requirements.
The main products and services in clinical documentation improvement include CDI solutions and consulting services. CDI solutions are tools and strategies designed to improve the accuracy, completeness, and quality of medical records. These solutions support better patient care and ensure adherence to regulatory standards and can be delivered either on-premise or via cloud-based platforms. They are utilized by end users such as healthcare providers and payers.
The clinical documentation improvement market research report is one of a series of new reports that provides clinical documentation improvement market statistics, including the clinical documentation improvement industry's global market size, regional shares, competitors with a clinical documentation improvement market share, detailed clinical documentation improvement market segments, market trends and opportunities, and any further data you may need to thrive in the clinical documentation improvement industry. This clinical documentation improvement market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The clinical documentation improvement market includes revenues earned by entities by providing services such as review and analysis, coding support, education and training, compliance monitoring, query management, and data analysis and reporting. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
Executive Summary
Clinical Documentation Improvement Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on clinical documentation improvement market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
- Assess the impact of key macro factors such as conflict, pandemic and recovery, inflation and interest rate environment and the 2nd Trump presidency.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for clinical documentation improvement ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The clinical documentation improvement market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include: the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Product and Service: Solutions; Consulting Services2) By Delivery Mode: on-Premise; Cloud-Based
3) By End Users: Healthcare Providers; Healthcare Payers
Subsegments:
1) By Solutions: Software (CDI Software, Natural Language Processing (NLP)-Based Solutions); Cloud-Based Solutions; Data Analytics Solutions; EHR Integration Solutions2) By Consulting Services: CDI Program Implementation; Coding Audits and Compliance; Training and Education Services; Workflow Optimization and Process Improvement
Key Companies Mentioned: Optum Inc.; 3M Company; Cerner Corporation; Epic Systems Corporation; GEBBS Healthcare Solutions Private Limited
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The major companies featured in this Clinical Documentation Improvement market report include:- Optum Inc.
- 3M Company
- Cerner Corporation
- Epic Systems Corporation
- GEBBS Healthcare Solutions Private Limited
- CorroHealth Inc.
- Accuity Holdings
- Nuance Communications Inc
- AGS Health Private Limited
- Aquity Solutions India Private Limited
- Vizient Inc.
- Health Catalyst Inc.
- The Craneware Group Inc.
- Optimum Healthcare IT LLC.
- Claro Healthcare LLC.
- Iodine Software LLC
- Health Fidelity Inc.
- Vitalware LLC.
- Streamline Healthcare Solutions Private Limited
- Medaxiom Cardiology LLC
- Dolbey Systems Inc.
- ChartWise Medical Systems Inc.
- Qventus Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | April 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 4.32 Billion |
Forecasted Market Value ( USD | $ 5.87 Billion |
Compound Annual Growth Rate | 8.0% |
Regions Covered | Global |
No. of Companies Mentioned | 24 |