Medical Transcription Services Market Status and Forecast, by Players, Types and Applications

The global market for medical transcription services is displaying a highly competitive business structure, finds a new research study by Transparency Market Research (TMR). Precyse Solutions LLC., Acusis LLC, Nuance Communications Inc., MModal Inc., Superior Global Solutions Inc., Trans Tech Medical Solutions, Scribe Healthcare Technologies Inc., and iMedX Information Services Pvt. Ltd. are some of the prominent players operating in this market. The market, however, is led by only a few players, which makes moderately consolidated, in terms of competitive landscape. The leading companies of medical transcription services are expected to engage into mergers, acquisitions, and strategic partnerships, states the market study.

Report Overview @

https://www.transparencymarketresearch.com/medical-transcription-services.html

According to the research report, the global medical transcription services market was worth US$41.4 bn in 2012. Expanding at a CAGR of 5.60% during the period from 2013 to 2019, the market is projected to reach US$60.6 bn by the end of the forecast period. Consultation report, operative note or report, discharge summary, and history and physical report are the major services offered in this market. Among these, the consultation report segment has been dominating the overall market and is expected to remain at the top position in the years to come, notes the market study.

Request Sample @

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1662

North America to Dominate Global Medical Transcription Services Market

In terms of the geography, the global market for medical transcription services has been segmented into North America, Asia Pacific, Latin America, the Middle East and Africa, and Europe in this research study. Among these, the North America market has acquired the dominance, owing to the high medical documentation in the U.S. This regional market is anticipated to remain on the top over the next few years, thanks to the presence of a large pool of players in this region. Asia Pacific and Europe are also expected to witness a significant rise in the years to come, states the research report.

Request Brochure @

https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1662

Increased Awareness about Benefits of Electronic Patient Recordkeeping to Fuel Demand

The global market for medical transcription services is witnessing tremendous growth, thanks to the increased awareness about the benefits of electronic patient recordkeeping among enterprises. Apart from this, the government initiatives, rise in geriatric population worldwide, availability of various software leading to competitive cost reductions, and reimbursement processing are also driving growth of medical transcription services market across the world, states the research report.

Contact Us

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

This release was published on openPR.