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Medical transcription, also known as MT, is an allied health profession dealing with the process of transcribing voice-recorded medical reports that are dictated by physicians, nurses and other healthcare practitioners. Medical reports can be voice files, notes taken during a lecture, or other spoken material. These are dictated over the phone or uploaded digitally via the Internet or through smart phone apps.North America is the largest consumption place, with a consumption market share nearly 78.3% in 2017. North America currently dominates and is expected to retain its position in the medical transcription services market in the future. Growth drivers for this market in North America are factors such as rise in aging population and passing of Patient Protection and Affordable Healthcare Act, 2013.
In 2018, the Global Medical Transcription Services market size was 5000 million US$ and it is expected to reach 7730 million US$ by the end of 2025, with a CAGR of 5.6% during 2019-2025.
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Medical Transcription Services Market is categorized on the basis of following product types:
(Each product type is covered in the terms of growth rate, market size, regional market size analysis, market size forecast, etc.)
• Outsourcing
• Offshoring
Medical Transcription Services Market is studied for the following applications:
(Each application is covered in the terms of market share, market size, regional market size analysis, market size forecast, etc.)
• Hospitals
• Clinical Laboratories
• Academic Medical Centers
• Other
Key companies profiled in this report are Mmodal, Nuance Communications, Transcend Services, Acusis, Imedx Information Services, Mtbc, Nthrive, Medi-Script Plus, Outsource2india, Transperfect, Viva Transcription, Medscribe, Pacific Solutions, Same Day Transcriptions, Doctordocs, World Wide Dictation, Athreon, Bvs Transtech, Excel Transcriptions, Gmt, Lc Transcription Services and more. These companies are profiled in the terms of company basic details, business overview, product knowledge, historical revenue and recent developments.
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Through the various topics covered in this report; it provides key insight of the market like Market size and share by regions, trends, driver, opportunities, revenue, market share of companies, their products, mergers & acquisitions, market size by types & applications for United States, Europe, China, Japan, Southeast Asia, India, and Central & South America. With this strong base, this report also provides the estimated forecast to 2025 by product types, applications and by regions.
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