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Medical Transcription Market 2020-2024 | Demand for Automated Transcripts to Boost Growth | Technavio


Technavio has been monitoring the medical transcription market and it is poised to grow by USD 16.64 billion during 2020-2024, progressing at a CAGR of over 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Acusis LLC, Excel Transcriptions Inc., Global Medical Transcription LLC, iMedX Inc., Lingual Consultancy Services Pvt. Ltd., MModal IP LLC, MTBC Inc., nThrive Inc., Nuance Communications Inc., and World Wide Dictation Service of New York Inc. are some of the major market participants. The demand for automated transcripts will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Demand for automated transcripts has been instrumental in driving the growth of the market.

Medical Transcription Market 2020-2024: Segmentation

Medical Transcription Market is segmented as below:

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Medical Transcription Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our medical transcription market report covers the following areas:

This study identifies the emergence of voice recognition technologies as one of the prime reasons driving the medical transcription market growth during the next few years.

Medical Transcription Market 2020-2024: Vendor Analysis

We provide a detailed analysis of vendors operating in the medical transcription market, including some of the vendors such as . Acusis LLC, Excel Transcriptions Inc., Global Medical Transcription LLC, iMedX Inc., Lingual Consultancy Services Pvt. Ltd., MModal IP LLC, MTBC Inc., nThrive Inc., Nuance Communications Inc., and World Wide Dictation Service of New York Inc. Backed with competitive intelligence and benchmarking, our research reports on the medical transcription market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Medical Transcription Market 2020-2024: Key Highlights

Table Of Contents:

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by End-user

Customer Landscape

Geographic Landscape

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendor Analysis

Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.


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