Medical Transcription Services Market 2020 with Top Countries Data, Market Size, Covid 19 Impact Analysis, Industry Outlook, Driving Factors by Manufacturers, Growth and Forecast 2026

(The Express Wire via Comtex)

Global “Medical Transcription Services Market" 2020 Research Reportoffers a professional and in-depth study on the current state of the Global Medical Transcription Services Market. It aslo provides key analysis on the market status of the Medical Transcription Services manufacturers with best facts and figures, meaning, definition, SWOT analysis, expert opinions and the latest developments across the globe. The Report also calculate the market size, Medical Transcription Services Sales, Price, Revenue, Gross Margin and Market Share, cost structure and growth rate. The report considers the revenue generated from the sales of This Report and technologies by various application segments.

Final Report will add the analysis of the impact of COVID-19 on this industry.

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The objective of the study is to define market sizes of different segments and countries in previous years and to forecast the values to the next Five years. The report is designed to incorporate both qualify qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers and restraining factors which will define the future growth of the Medical Transcription Services market.

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The research covers the current Medical Transcription Services market size of the market and its growth rates based on 6-year records with company outline of Key players/manufacturers:

  • 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

Short Description about Medical Transcription Services 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.

Medical transcription (MT) is an allied health profession, which deals in the process of transcription, or converting voice-recorded reports as dictated by physicians or other healthcare professionals, into text format. Medical transcription services provide the groundwork for the adoption of electronic medical records (EMR) system. Medical transcription services allow hospitals and providers to outsource a critical business process, reduce costs, and improve the quality of medical documentation, without additional capital investment. The global medical transcription services market is primarily driven by adoption of medical documentation and recording systems, government’s initiatives in health information infrastructure, implementation of EHRs, technological innovations through the use of electronic technology to reduce turnaround time, increasing focus on lowering costs and increasing productivity and improving the quality of patient care while ensuring patient’s safety.

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.

Scope of the Medical Transcription Services Market Report :

In 2019, The Worldwide Medical Transcription Services market size was USD 5597.7 million and it is expected to reach USD 8176.8 million by the end of 2026, with a CAGR of 5.5% during 2021-2026.

This report focuses on theMedical Transcription Services in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

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Report further studies the market development status and future Medical Transcription Services Market trend across the world. Also, it splits Medical Transcription Services market Segmentation by Type and by Applications to fully and deeply research and reveal market profile and prospects.

Major Classifications are as follows:

  • Outsourcing
  • Offshoring

Major Applications are as follows:

  • Hospitals
  • Clinical Laboratories
  • Academic Medical Centers
  • Other....

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Medical Transcription Services in these regions, from 2015 to 2026, covering

  • North America (United States, Canada and Mexico)
  • Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
  • South America (Brazil, Argentina, Columbia etc.)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

This Medical Transcription Services Market Research/Analysis Report Contains Answers to your following Questions

  • Which Manufacturing Technology is used for Medical Transcription Services? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
  • Who Are the Global Key Players in This Medical Transcription Services Market? What are Their Company Profile, Their Product Information, and Contact Information?
  • What Was Global Market Status of Medical Transcription Services Market? What Was Capacity, Production Value, Cost and PROFIT of Medical Transcription Services Market?
  • What Is Current Market Status of Medical Transcription Services Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Medical Transcription Services Market by Taking Applications and Types in Consideration?
  • What Are Projections of Global Medical Transcription Services Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
  • What Is Medical Transcription Services Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
  • What Is Economic Impact On Medical Transcription Services Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
  • What Are Market Dynamics of Medical Transcription Services Market? What Are Challenges and Opportunities?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Medical Transcription Services Industry?

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Major Points from Table of Contents:

Global Medical Transcription Services Market Research Report 2020-2026, by Manufacturers, Regions, Types and Applications

1 Study Coverage
1.1 Medical Transcription Services Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
1.4.1 Global Medical Transcription Services Market Size Growth Rate by Type
1.5 Market by Application
1.5.1 Global Medical Transcription Services Market Size Growth Rate by Application
1.6 Study Objectives
1.7 Years Considered

2 Executive Summary
2.1 Global Medical Transcription Services Production
2.1.1 Global Medical Transcription Services Revenue 2015-2026
2.1.2 Global Medical Transcription Services Production 2015-2026
2.1.3 Global Medical Transcription Services Capacity 2015-2026
2.1.4 Global Medical Transcription Services Marketing Pricing and Trends
2.2 Medical Transcription Services Growth Rate (CAGR) 2020-2026
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
2.3.2 Key Medical Transcription Services Manufacturers
2.4 Market Drivers, Trends and Issues
2.5 Macroscopic Indicator
2.5.1 GDP for Major Regions
2.5.2 Price of Raw Materials in Dollars: Evolution

3 Market Size by Manufacturers
3.1 Medical Transcription Services Production by Manufacturers
3.1.1 Medical Transcription Services Production by Manufacturers
3.1.2 Medical Transcription Services Production Market Share by Manufacturers
3.2 Medical Transcription Services Revenue by Manufacturers
3.2.1 Medical Transcription Services Revenue by Manufacturers (2015-2020)
3.2.2 Medical Transcription Services Revenue Share by Manufacturers (2015-2020)
3.3 Medical Transcription Services Price by Manufacturers
3.4 Mergers and Acquisitions, Expansion Plans

4 Medical Transcription Services Production by Regions
4.1 Global Medical Transcription Services Production by Regions
4.1.1 Global Medical Transcription Services Production Market Share by Regions
4.1.2 Global Medical Transcription Services Revenue Market Share by Regions
4.2 United States
4.2.1 United States Medical Transcription Services Production
4.2.2 United States Medical Transcription Services Revenue
4.2.3 Key Players in United States
4.2.4 United States Medical Transcription Services Import and Export
4.3 Europe
4.3.1 Europe Medical Transcription Services Production
4.3.2 Europe Medical Transcription Services Revenue
4.3.3 Key Players in Europe
4.3.4 Europe Medical Transcription Services Import and Export
4.4 China
4.4.1 China Medical Transcription Services Production
4.4.2 China Medical Transcription Services Revenue
4.4.3 Key Players in China
4.4.4 China Medical Transcription Services Import and Export
4.5 Japan
4.5.1 Japan Medical Transcription Services Production
4.5.2 Japan Medical Transcription Services Revenue
4.5.3 Key Players in Japan
4.5.4 Japan Medical Transcription Services Import and Export
4.6 Other Regions
4.6.1 South Korea
4.6.2 India
4.6.3 Southeast Asia

5 Medical Transcription Services Consumption by Regions
5.1 Global Medical Transcription Services Consumption by Regions
5.1.1 Global Medical Transcription Services Consumption by Regions
5.1.2 Global Medical Transcription Services Consumption Market Share by Regions
5.2 North America
5.2.1 North America Medical Transcription Services Consumption by Application
5.2.2 North America Medical Transcription Services Consumption by Countries
5.2.3 United States
5.2.4 Canada
5.2.5 Mexico
5.3 Europe
5.3.1 Europe Medical Transcription Services Consumption by Application
5.3.2 Europe Medical Transcription Services Consumption by Countries
5.3.3 Germany
5.3.4 France
5.3.5 UK
5.3.6 Italy
5.3.7 Russia
5.4 Asia Pacific
5.4.1 Asia Pacific Medical Transcription Services Consumption by Application
5.4.2 Asia Pacific Medical Transcription Services Consumption by Countries
5.4.3 China
5.4.4 Japan
5.4.5 South Korea
5.4.6 India
5.4.7 Australia
5.4.8 Indonesia
5.4.9 Thailand
5.4.10 Malaysia
5.4.11 Philippines
5.4.12 Vietnam
5.5 Central and South America
5.5.1 Central and South America Medical Transcription Services Consumption by Application
5.5.2 Central and South America Medical Transcription Services Consumption by Countries
5.5.3 Brazil
5.6 Middle East and Africa
5.6.1 Middle East and Africa Medical Transcription Services Consumption by Application
5.6.2 Middle East and Africa Medical Transcription Services Consumption by Countries
5.6.3 Turkey
5.6.4 GCC Countries
5.6.5 Egypt
5.6.6 South Africa

6 Market Size by Type
6.1 Global Medical Transcription Services Breakdown Dada by Type
6.2 Global Medical Transcription Services Revenue by Type
6.3 Medical Transcription Services Price by Type

7 Market Size by Application
7.1 Overview
7.2 Global Medical Transcription Services Breakdown Dada by Application
7.2.1 Global Medical Transcription Services Consumption by Application
7.2.2 Global Medical Transcription Services Consumption Market Share by Application (2015-2020)

Continued….

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