Medical Transcription Market In US 2024-2028
The medical transcription market in us is forecasted to grow by USD 1624.2 mn during 2023-2028, accelerating at a CAGR of 4.5% during the forecast period. The report on the medical transcription market in us provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing need for automated medical transcripts, government initiatives supporting adoption of health it systems, and growing prevalence of chronic diseases.
Technavio's medical transcription market in us is segmented as below:
- By End-user
- Hospitals
- Physician groups and clinics
- By Type
- Services
- Software
- By Geographical Landscape
- North America
This study identifies the growing adoption of advanced asr systems in healthcare sector as one of the prime reasons driving the medical transcription market in us growth during the next few years. Also, emergence of new speech recognition technologies and growing consolidation in market will lead to sizable demand in the market.
The report on the medical transcription market in us covers the following areas:
- Medical Transcription Market in US sizing
- Medical Transcription Market in US forecast
- Medical Transcription Market in US industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading medical transcription market in us vendors that include 3M Co., Amazon.com Inc., Aquity LLC, Athreon Corp., CBAY Transcription Inc., Crimson Interactive Pvt. Ltd., Dolbey, EHR Transcriptions Inc., Global Medical Transcription LLC, InSync Healthcare Solution, Managed Outsource Solutions, NextGen Healthcare Inc., Nuance Communications Inc., Scribetech UK Ltd., SmartMD, Sunrise Transcriptions Inc., TransDyne, vChart LLC, World Wide Dictation Service of New York Inc., and ZyDoc Medical Transcription LLC. Also, the medical transcription market in us analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.