Global Medical Transcription Market 2018-2022

  • ID: 4581725
  • Report
  • Region: Global
  • 111 pages
  • TechNavio
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FEATURED COMPANIES

  • Acusis
  • iMedX
  • nThrive
  • Nuance Communications
  • MORE
About Medical Transcription

Medical transcription is the process in which the data received in audio formats are converted to text. The purpose of the process is to record data for improved comprehension and communication between doctors, or from the doctor to concerned party, and conservation of document for future reference.

The analysts forecast the Global Medical Transcription Market to grow at a CAGR of 6.36% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the medical transcription market. To calculate the market size, the report considers the revenue generated from medical transcription.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, global medical transcription market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Acusis
  • Global Medical Transcription
  • iMedX
  • nThrive
  • Nuance Communications
  • One Equity Partners (MModal)
Market drivers
  • Rising chronic diseases and aging population
  • For a full, detailed list, view the full report
Market challenges
  • Requirement of intense training
  • For a full, detailed list, view the full report
Market trends
  • Emergence of voice recognition technologies
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?
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2 of 5

FEATURED COMPANIES

  • Acusis
  • iMedX
  • nThrive
  • Nuance Communications
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 05: MARKET SIZING
  • Market definition
  • Market sizing 2017
  • Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY END-USER
  • Segmentation by end-user
  • Comparison by end-user
  • Hospitals
  • Physician groups and clinics
  • Market opportunity by end-user
PART 09: REGIONAL LANDSCAPE
  • Geographical segmentation
  • Regional comparison
  • Americas - Market size and forecast 2017-2022
  • EMEA - Market size and forecast 2017-2022
  • APAC - Market size and forecast 2017-2022
  • Market opportunity
PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 12: MARKET TRENDS

PART 13: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
PART 14: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Acusis
  • Global Medical Transcription
  • iMedX
  • nThrive
  • Nuance Communications
  • One Equity Partners (MModal)
PART 15: APPENDIX
  • List of abbreviations
List of Exhibits
Exhibit 01: Parent market
Exhibit 02: Global IT services market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2017
Exhibit 07: Validation techniques employed for market sizing 2017
Exhibit 08: Global - Market size and forecast 2017-2022 ($ bn)
Exhibit 09: Global - Year-over-year growth 2018-2022 (%)
Exhibit 10: Five forces analysis 2017
Exhibit 11: Five forces analysis 2022
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2017
Exhibit 18: Customer landscape
Exhibit 19: End-user - Market share 2017-2022 (%)
Exhibit 20: Comparison by end-user
Exhibit 21: Hospitals - Market size and forecast 2017-2022 ($ bn)
Exhibit 22: Hospitals - Year-over-year growth 2018-2022 (%)
Exhibit 23: Physician groups and clinics - Market size and forecast 2017-2022 ($ bn)
Exhibit 24: Physician groups and clinics - Year-over-year growth 2018-2022 (%)
Exhibit 25: Market opportunity by end-user
Exhibit 26: Global - Market share by geography 2017-2022 (%)
Exhibit 27: Regional comparison
Exhibit 28: Americas - Market size and forecast 2017-2022 ($ bn)
Exhibit 29: Americas - Year-over-year growth 2018-2022 (%)
Exhibit 30: Top 3 countries in Americas
Exhibit 31: EMEA - Market size and forecast 2017-2022 ($ bn)
Exhibit 32: EMEA - Year-over-year growth 2018-2022 (%)
Exhibit 33: Top 3 countries in EMEA
Exhibit 34: APAC - Market size and forecast 2017-2022 ($ bn)
Exhibit 35: APAC - Year-over-year growth 2018-2022 (%)
Exhibit 36: Top 3 countries in APAC
Exhibit 37: Market opportunity
Exhibit 38: Vendor landscape
Exhibit 39: Landscape disruption
Exhibit 40: Vendors covered
Exhibit 41: Vendor classification
Exhibit 42: Market positioning of vendors
Exhibit 43: Acusis overview
Exhibit 44: Acusis - Business segments
Exhibit 45: Acusis - Organizational developments
Exhibit 46: Acusis - Geographic focus
Exhibit 47: Acusis - Key offerings
Exhibit 48: Acusis - Key customers
Exhibit 49: Global Medical Transcription overview
Exhibit 50: Global Medical Transcription - Business segments
Exhibit 51: Global Medical Transcription - Organizational developments
Exhibit 52: Global Medical Transcription - Geographic focus
Exhibit 53: Global Medical Transcription - Segment focus
Exhibit 54: Global Medical Transcription - Key offerings
Exhibit 55: Global Medical Transcription - Key customers
Exhibit 56: iMedX overview
Exhibit 57: iMedX - Business segments
Exhibit 58: iMedX - Organizational developments
Exhibit 59: iMedX - Geographic focus
Exhibit 60: iMedX - Key offerings
Exhibit 61: iMedX - Key customers
Exhibit 62: nThrive overview
Exhibit 63: nThrive - Business segments
Exhibit 64: nThrive - Organizational developments
Exhibit 65: nThrive - Geographic focus
Exhibit 66: nThrive - Key offerings
Exhibit 67: nThrive - Key customers
Exhibit 68: Nuance Communications overview
Exhibit 69: Nuance Communications - Business segments
Exhibit 70: Nuance Communications - Organizational developments
Exhibit 71: Nuance Communications - Geographic focus
Exhibit 72: Nuance Communications - Segment focus
Exhibit 73: Nuance Communications - Key offerings
Exhibit 74: Nuance Communications - Key customers
Exhibit 75: One Equity Partners (MModal) overview
Exhibit 76: One Equity Partners (MModal) - Business segments
Exhibit 77: One Equity Partners (MModal) - Organizational developments
Exhibit 78: One Equity Partners (MModal) - Geographic focus
Exhibit 79: One Equity Partners (MModal) - Key offerings
Exhibit 80: One Equity Partners (MModal) - Key customers
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FEATURED COMPANIES

  • Acusis
  • iMedX
  • nThrive
  • Nuance Communications
  • MORE
New Report Released: - Global Medical Transcription Market 2018-2022.

The author of the report recognizes the following companies as the key players in the global medical transcription market: Acusis, Global Medical Transcription, iMedX, nThrive, Nuance Communications, One Equity Partners (MModal).

Commenting on the report, an analyst from the research team said: “One trend affecting this market is the growth of MT outsourcing market” Most healthcare facilities choose to outsource MT due to difficulties in maintaining medical data of patients, IT infrastructure, increased investment into technologies, adhering to privacy and security of data acts, and complying with other changing regulations.

According to the report, one driver influencing this market is the rising chronic diseases and aging population. Chronic diseases such as cardiovascular diseases and cancer are increasing. The leading causes of chronic illness include an increase in blood pressure, the rise in blood glucose levels, and obesity, which are caused by smoking, changing diets, and lack of physical activities.

Further, the report states that one challenge affecting this market is the requirement of intense training. Medical data of patients includes many medical terminologies end even small errors that occur while transcribing data can lead to incorrect diagnosis, misleading analysis of test results, and medication errors. Hence medical transcription requires skilled personnel who are provided detailed training on medical terms, their severity, and relevant information.

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 a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Acusis
  • Global Medical Transcription
  • iMedX
  • nThrive
  • Nuance Communications
  • One Equity Partners (MModal)
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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