Press release
Global Medical Transcription Market to grow at a CAGR of 6% by 2019
About medical transcriptionMedical transcription is the process that involves documentation of medical records from voice to text format. Physicians record patient details in audio format, and these details are sent to a transcriptionist to decode and store in digital format. Medical transcription helps make data interpretation and analysis easy as through this health records are stored in a structured format. With the adoption of new technology and improvements in the healthcare sector, the global medical transcription market is expected to experience various opportunities.
Technavio's analysts forecast the global medical transcription market to grow at a CAGR of 6% over the period 2014-2019.
Covered in this report
The report covers the present scenario and the growth prospects of the global medical transcription market for the period 2015-2019. To calculate the market size, the report considers revenue generated by the following end-users: hospitals and physician groups, and clinics.
Technavio's report, Global Medical Transcription Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the global medical transcription market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
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Key regions
Americas
APAC
EMEA
Key vendors
Acusis
IMeDx Information Services
MModal
Nuance Communications
Precyse Solutions
Other prominent vendors
Ascend Healthcare Systems
Global Medical Transcription
Scribe Healthcare Technologies
Transtech Medical Solutions
Key market driver
Focus on automation and cost effectiveness
For a full, detailed list, view our report
Key market challenge
Intense competition among vendors
For a full, detailed list, view our report
Key market trend
Availability of speech recognition software
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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Albany, NY, 30 JAN : Medical transcription is the process that involves documentation of medical records from voice to text format. Physicians record patient details in audio format, and these details are sent to a transcriptionist to decode and store in digital format. Medical transcription helps make data interpretation and analysis easy as through this health records are stored in a structured format. With the adoption of new technology and…
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