Global Medical Transcription Services Market Size, Growth, Key-Players- Transcend Services, MTBC, Medi-Script Plus, Outsource2india, Medscribe, World Wide Dictation, Athreon |Future and Forecast Till the End of 2025

A newly compiled business intelligent report, titled “Global Medical Transcription Services Market Size, Growth, Key-Players|Future and Forecast Till the End of 2025” has been publicized to the vast archive of Market Research Hub (MRH) online repository. The study revolves around the analysis of Medical Transcription Services market, covering key industry developments and market opportunity map during the mentioned forecast period. This report further conveys quantitative & qualitative analysis on the concerned market, providing a 360 view on current and future market prospects. As the report proceeds, information regarding the prominent trends as well as opportunities in the key geographical segments have also been explained, thus enabling companies to be able to make region-specific strategies for gaining competitive lead.

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This report focuses on the global Medical Transcription Services status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Medical Transcription Services development in United States, Europe and China.

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.

Medical transcription (MT) is an allied health profession, which deals in the process of transcription, or converting voice-recorded reports as dictated by physicians or other healthcare professionals, into text format. Medical transcription services provide the groundwork for the adoption of electronic medical records (EMR) system. Medical transcription services allow hospitals and providers to outsource a critical business process, reduce costs, and improve the quality of medical documentation, without additional capital investment. The global medical transcription services market is primarily driven by adoption of medical documentation and recording systems, governments initiatives in health information infrastructure, implementation of EHRs, technological innovations through the use of electronic technology to reduce turnaround time, increasing focus on lowering costs and increasing productivity and improving the quality of patient care while ensuring patients safety.
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 2017, the global Medical Transcription Services market size was 5000 million US$ and it is expected to reach 7670 million US$ by the end of 2025, with a CAGR of 5.5% during 2018-2025.

The key players covered in this study
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

Market segment by Type, the product can be split into
Outsourcing
Offshoring

Market segment by Application, split into
Hospitals
Clinical Laboratories
Academic Medical Centers
Other

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:
To analyze global Medical Transcription Services status, future forecast, growth opportunity, key market and key players.
To present the Medical Transcription Services development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.

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Table of Contents

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.4.1 Global Medical Transcription Services Market Size Growth Rate by Type (2013-2025)
1.4.2 Outsourcing
1.4.3 Offshoring
1.5 Market by Application
1.5.1 Global Medical Transcription Services Market Share by Application (2013-2025)
1.5.2 Hospitals
1.5.3 Clinical Laboratories
1.5.4 Academic Medical Centres
1.5.5 Other
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Medical Transcription Services Market Size
2.2 Medical Transcription Services Growth Trends by Regions
2.2.1 Medical Transcription Services Market Size by Regions (2013-2025)
2.2.2 Medical Transcription Services Market Share by Regions (2013-2018)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Opportunities

3 Market Share by Key Players
3.1 Medical Transcription Services Market Size by Manufacturers
3.1.1 Global Medical Transcription Services Revenue by Manufacturers (2013-2018)
3.1.2 Global Medical Transcription Services Revenue Market Share by Manufacturers (2013-2018)
3.1.3 Global Medical Transcription Services Market Concentration Ratio (CR5 and HHI)
3.2 Medical Transcription Services Key Players Head office and Area Served
3.3 Key Players Medical Transcription Services Product/Solution/Service
3.4 Date of Enter into Medical Transcription Services Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Type and Application
4.1 Global Medical Transcription Services Market Size by Type (2013-2018)
4.2 Global Medical Transcription Services Market Size by Application (2013-2018)

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