The global Medical Transcription market size was valued at US$ 24300 million in 2023. With growing demand in downstream market, the Medical Transcription is forecast to a readjusted size of US$ 32300 million by 2030 with a CAGR of 4.1% during review period.
The research report highlights the growth potential of the global Medical Transcription market. Medical Transcription are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Medical Transcription. 麻豆原创 players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Medical Transcription market.
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.
Key Features:
The report on Medical Transcription market reflects various aspects and provide valuable insights into the industry.
麻豆原创 Size and Growth: The research report provide an overview of the current size and growth of the Medical Transcription market. It may include historical data, market segmentation by Type (e.g., Outsourcing, Offshoring), and regional breakdowns.
麻豆原创 Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Medical Transcription market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Medical Transcription market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Medical Transcription industry. This include advancements in Medical Transcription technology, Medical Transcription new entrants, Medical Transcription new investment, and other innovations that are shaping the future of Medical Transcription.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Medical Transcription market. It includes factors influencing customer ' purchasing decisions, preferences for Medical Transcription product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Medical Transcription market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Medical Transcription market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Medical Transcription market.
麻豆原创 Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Medical Transcription industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Medical Transcription market.
麻豆原创 Segmentation:
Medical Transcription market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
Outsourcing
Offshoring
Segmentation by application
Hospitals
Clinical Laboratories
Academic Medical Centers
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 麻豆原创 Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 麻豆原创 Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 麻豆原创 Estimation Caveats
2 Executive Summary
2.1 World 麻豆原创 Overview
2.1.1 Global Medical Transcription 麻豆原创 Size 2019-2030
2.1.2 Medical Transcription 麻豆原创 Size CAGR by Region 2019 VS 2023 VS 2030
2.2 Medical Transcription Segment by Type
2.2.1 Outsourcing
2.2.2 Offshoring
2.3 Medical Transcription 麻豆原创 Size by Type
2.3.1 Medical Transcription 麻豆原创 Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Medical Transcription 麻豆原创 Size 麻豆原创 Share by Type (2019-2024)
2.4 Medical Transcription Segment by Application
2.4.1 Hospitals
2.4.2 Clinical Laboratories
2.4.3 Academic Medical Centers
2.4.4 Others
2.5 Medical Transcription 麻豆原创 Size by Application
2.5.1 Medical Transcription 麻豆原创 Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Medical Transcription 麻豆原创 Size 麻豆原创 Share by Application (2019-2024)
3 Medical Transcription 麻豆原创 Size by Player
3.1 Medical Transcription 麻豆原创 Size 麻豆原创 Share by Players
3.1.1 Global Medical Transcription Revenue by Players (2019-2024)
3.1.2 Global Medical Transcription Revenue 麻豆原创 Share by Players (2019-2024)
3.2 Global Medical Transcription Key Players Head office and Products Offered
3.3 麻豆原创 Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Medical Transcription by Regions
4.1 Medical Transcription 麻豆原创 Size by Regions (2019-2024)
4.2 Americas Medical Transcription 麻豆原创 Size Growth (2019-2024)
4.3 APAC Medical Transcription 麻豆原创 Size Growth (2019-2024)
4.4 Europe Medical Transcription 麻豆原创 Size Growth (2019-2024)
4.5 Middle East & Africa Medical Transcription 麻豆原创 Size Growth (2019-2024)
5 Americas
5.1 Americas Medical Transcription 麻豆原创 Size by Country (2019-2024)
5.2 Americas Medical Transcription 麻豆原创 Size by Type (2019-2024)
5.3 Americas Medical Transcription 麻豆原创 Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Medical Transcription 麻豆原创 Size by Region (2019-2024)
6.2 APAC Medical Transcription 麻豆原创 Size by Type (2019-2024)
6.3 APAC Medical Transcription 麻豆原创 Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Medical Transcription by Country (2019-2024)
7.2 Europe Medical Transcription 麻豆原创 Size by Type (2019-2024)
7.3 Europe Medical Transcription 麻豆原创 Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Medical Transcription by Region (2019-2024)
8.2 Middle East & Africa Medical Transcription 麻豆原创 Size by Type (2019-2024)
8.3 Middle East & Africa Medical Transcription 麻豆原创 Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 麻豆原创 Drivers, Challenges and Trends
9.1 麻豆原创 Drivers & Growth Opportunities
9.2 麻豆原创 Challenges & Risks
9.3 Industry Trends
10 Global Medical Transcription 麻豆原创 Forecast
10.1 Global Medical Transcription Forecast by Regions (2025-2030)
10.1.1 Global Medical Transcription Forecast by Regions (2025-2030)
10.1.2 Americas Medical Transcription Forecast
10.1.3 APAC Medical Transcription Forecast
10.1.4 Europe Medical Transcription Forecast
10.1.5 Middle East & Africa Medical Transcription Forecast
10.2 Americas Medical Transcription Forecast by Country (2025-2030)
10.2.1 United States Medical Transcription 麻豆原创 Forecast
10.2.2 Canada Medical Transcription 麻豆原创 Forecast
10.2.3 Mexico Medical Transcription 麻豆原创 Forecast
10.2.4 Brazil Medical Transcription 麻豆原创 Forecast
10.3 APAC Medical Transcription Forecast by Region (2025-2030)
10.3.1 China Medical Transcription 麻豆原创 Forecast
10.3.2 Japan Medical Transcription 麻豆原创 Forecast
10.3.3 Korea Medical Transcription 麻豆原创 Forecast
10.3.4 Southeast Asia Medical Transcription 麻豆原创 Forecast
10.3.5 India Medical Transcription 麻豆原创 Forecast
10.3.6 Australia Medical Transcription 麻豆原创 Forecast
10.4 Europe Medical Transcription Forecast by Country (2025-2030)
10.4.1 Germany Medical Transcription 麻豆原创 Forecast
10.4.2 France Medical Transcription 麻豆原创 Forecast
10.4.3 UK Medical Transcription 麻豆原创 Forecast
10.4.4 Italy Medical Transcription 麻豆原创 Forecast
10.4.5 Russia Medical Transcription 麻豆原创 Forecast
10.5 Middle East & Africa Medical Transcription Forecast by Region (2025-2030)
10.5.1 Egypt Medical Transcription 麻豆原创 Forecast
10.5.2 South Africa Medical Transcription 麻豆原创 Forecast
10.5.3 Israel Medical Transcription 麻豆原创 Forecast
10.5.4 Turkey Medical Transcription 麻豆原创 Forecast
10.5.5 GCC Countries Medical Transcription 麻豆原创 Forecast
10.6 Global Medical Transcription Forecast by Type (2025-2030)
10.7 Global Medical Transcription Forecast by Application (2025-2030)
11 Key Players Analysis
11.1 Mmodal
11.1.1 Mmodal Company Information
11.1.2 Mmodal Medical Transcription Product Offered
11.1.3 Mmodal Medical Transcription Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.1.4 Mmodal Main Business Overview
11.1.5 Mmodal Latest Developments
11.2 Nuance Communications
11.2.1 Nuance Communications Company Information
11.2.2 Nuance Communications Medical Transcription Product Offered
11.2.3 Nuance Communications Medical Transcription Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.2.4 Nuance Communications Main Business Overview
11.2.5 Nuance Communications Latest Developments
11.3 Transcend Services
11.3.1 Transcend Services Company Information
11.3.2 Transcend Services Medical Transcription Product Offered
11.3.3 Transcend Services Medical Transcription Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.3.4 Transcend Services Main Business Overview
11.3.5 Transcend Services Latest Developments
11.4 Acusis
11.4.1 Acusis Company Information
11.4.2 Acusis Medical Transcription Product Offered
11.4.3 Acusis Medical Transcription Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.4.4 Acusis Main Business Overview
11.4.5 Acusis Latest Developments
11.5 iMedX Information Services
11.5.1 iMedX Information Services Company Information
11.5.2 iMedX Information Services Medical Transcription Product Offered
11.5.3 iMedX Information Services Medical Transcription Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.5.4 iMedX Information Services Main Business Overview
11.5.5 iMedX Information Services Latest Developments
11.6 MTBC
11.6.1 MTBC Company Information
11.6.2 MTBC Medical Transcription Product Offered
11.6.3 MTBC Medical Transcription Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.6.4 MTBC Main Business Overview
11.6.5 MTBC Latest Developments
11.7 nThrive
11.7.1 nThrive Company Information
11.7.2 nThrive Medical Transcription Product Offered
11.7.3 nThrive Medical Transcription Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.7.4 nThrive Main Business Overview
11.7.5 nThrive Latest Developments
11.8 Medi-Script Plus
11.8.1 Medi-Script Plus Company Information
11.8.2 Medi-Script Plus Medical Transcription Product Offered
11.8.3 Medi-Script Plus Medical Transcription Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.8.4 Medi-Script Plus Main Business Overview
11.8.5 Medi-Script Plus Latest Developments
11.9 Outsource2india
11.9.1 Outsource2india Company Information
11.9.2 Outsource2india Medical Transcription Product Offered
11.9.3 Outsource2india Medical Transcription Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.9.4 Outsource2india Main Business Overview
11.9.5 Outsource2india Latest Developments
11.10 TransPerfect
11.10.1 TransPerfect Company Information
11.10.2 TransPerfect Medical Transcription Product Offered
11.10.3 TransPerfect Medical Transcription Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.10.4 TransPerfect Main Business Overview
11.10.5 TransPerfect Latest Developments
11.11 VIVA Transcription
11.11.1 VIVA Transcription Company Information
11.11.2 VIVA Transcription Medical Transcription Product Offered
11.11.3 VIVA Transcription Medical Transcription Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.11.4 VIVA Transcription Main Business Overview
11.11.5 VIVA Transcription Latest Developments
11.12 Medscribe
11.12.1 Medscribe Company Information
11.12.2 Medscribe Medical Transcription Product Offered
11.12.3 Medscribe Medical Transcription Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.12.4 Medscribe Main Business Overview
11.12.5 Medscribe Latest Developments
11.13 Pacific Solutions
11.13.1 Pacific Solutions Company Information
11.13.2 Pacific Solutions Medical Transcription Product Offered
11.13.3 Pacific Solutions Medical Transcription Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.13.4 Pacific Solutions Main Business Overview
11.13.5 Pacific Solutions Latest Developments
11.14 Same Day transcriptions
11.14.1 Same Day transcriptions Company Information
11.14.2 Same Day transcriptions Medical Transcription Product Offered
11.14.3 Same Day transcriptions Medical Transcription Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.14.4 Same Day transcriptions Main Business Overview
11.14.5 Same Day transcriptions Latest Developments
11.15 DoctorDocs
11.15.1 DoctorDocs Company Information
11.15.2 DoctorDocs Medical Transcription Product Offered
11.15.3 DoctorDocs Medical Transcription Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.15.4 DoctorDocs Main Business Overview
11.15.5 DoctorDocs Latest Developments
11.16 World Wide Dictation
11.16.1 World Wide Dictation Company Information
11.16.2 World Wide Dictation Medical Transcription Product Offered
11.16.3 World Wide Dictation Medical Transcription Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.16.4 World Wide Dictation Main Business Overview
11.16.5 World Wide Dictation Latest Developments
11.17 Athreon
11.17.1 Athreon Company Information
11.17.2 Athreon Medical Transcription Product Offered
11.17.3 Athreon Medical Transcription Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.17.4 Athreon Main Business Overview
11.17.5 Athreon Latest Developments
11.18 BVS Transtech
11.18.1 BVS Transtech Company Information
11.18.2 BVS Transtech Medical Transcription Product Offered
11.18.3 BVS Transtech Medical Transcription Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.18.4 BVS Transtech Main Business Overview
11.18.5 BVS Transtech Latest Developments
11.19 Excel Transcriptions
11.19.1 Excel Transcriptions Company Information
11.19.2 Excel Transcriptions Medical Transcription Product Offered
11.19.3 Excel Transcriptions Medical Transcription Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.19.4 Excel Transcriptions Main Business Overview
11.19.5 Excel Transcriptions Latest Developments
11.20 GMT
11.20.1 GMT Company Information
11.20.2 GMT Medical Transcription Product Offered
11.20.3 GMT Medical Transcription Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.20.4 GMT Main Business Overview
11.20.5 GMT Latest Developments
11.21 LC Transcription Services
11.21.1 LC Transcription Services Company Information
11.21.2 LC Transcription Services Medical Transcription Product Offered
11.21.3 LC Transcription Services Medical Transcription Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.21.4 LC Transcription Services Main Business Overview
11.21.5 LC Transcription Services Latest Developments
12 Research Findings and Conclusion
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*If Applicable.