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Global Medical Transcription Services Market was 5000 million US$ in 2018 and will reach 7670 million US$ by the end of 2025 and is Expected to Grow at a CAGR of 5.5% Between 2019-2025 By Valuates Reports

05-28-2019 07:00 AM CET | Health & Medicine

Press release from: Valuates Reports

Global Medical Transcription Services Market was 5000 million

In 2018, 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 2019-2025.

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.

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Key Trends :

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

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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.

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

FEATURED COMPANIES

Mmodal
Nuance Communications
Transcend Services
Acusis
iMedX Information Services
MTBC
nThrive
Medi-Script Plus
Outsource2india
TransPerfect
VIVA Transcription

Market segment by Regions/Countries, this report covers

United States
Europe
China
Japan
Southeast Asia
India
Central & South America

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Valuates is curating premium Market Research Reports from the leading publishers around the globe. We will help you map your information needs to our report repository of Market research reports and guide you through your purchasing decision. We are based out of silicon valley of India (Bengaluru) and provide 24/7 online and offline support to all our customers and just a phone call away.

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