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.
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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
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