According to this study, over the next five years the Medical Transcription Services market will register a 5.7% CAGR in terms of revenue, the global market size will reach US$ 6441.3 million by 2024, from US$ 5163.3 million in 2019. In particular, this report presents the global revenue market share of key companies in Medical Transcription Services business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Medical Transcription Services market by product type, application, key companies and key regions.
This study considers the Medical Transcription Services value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Outsourcing
Offshoring
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Hospitals
Clinical Laboratories
Academic Medical Centers
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Mmodal
TransPerfect
Nuance Communications
Acusis
iMedX Information Services
Transcend Services
Medi-Script Plus
MTBC
Outsource2india
nThrive
World Wide Dictation
BVS Transtech
Athreon
VIVA Transcription
Same Day transcriptions
Pacific Solutions
GMT
DoctorDocs
Medscribe
Excel Transcriptions
LC Transcription Services
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Medical Transcription Services market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Medical Transcription Services market by identifying its various subsegments.
Focuses on the key global Medical Transcription Services players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Medical Transcription Services with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Medical Transcription Services submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
Global Medical Transcription Services Market Growth (Status and Outlook) 2019-2024
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Medical Transcription Services Market Size 2014-2024
2.1.2 Medical Transcription Services Market Size CAGR by Region
2.2 Medical Transcription Services Segment by Type
2.2.1 Outsourcing
2.2.2 Outsourcing
2.3 Medical Transcription Services Market Size by Type
2.3.1 Global Medical Transcription Services Market Size Market Share by Type (2014-2019)
2.3.2 Global Medical Transcription Services Market Size Growth Rate by Type (2014-2019)
2.4 Medical Transcription Services Segment by Application
2.4.1 Hospitals
2.4.2 Clinical Laboratories
2.4.3 Academic Medical Centers
2.4.4 Other
2.5 Medical Transcription Services Market Size by Application
2.5.1 Global Medical Transcription Services Market Size Market Share by Application (2014-2019)
2.5.2 Global Medical Transcription Services Market Size Growth Rate by Application (2014-2019)
3 Global Medical Transcription Services by Players
3.1 Global Medical Transcription Services Market Size Market Share by Players
3.1.1 Global Medical Transcription Services Market Size by Players (2017-2019)
3.1.2 Global Medical Transcription Services Market Size Market Share by Players (2017-2019)
3.2 Global Medical Transcription Services Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Medical Transcription Services by Regions
4.1 Medical Transcription Services Market Size by Regions
4.2 Americas Medical Transcription Services Market Size Growth
4.3 APAC Medical Transcription Services Market Size Growth
4.4 Europe Medical Transcription Services Market Size Growth
4.5 Middle East & Africa Medical Transcription Services Market Size Growth
5 Americas
5.1 Americas Medical Transcription Services Market Size by Countries
5.2 Americas Medical Transcription Services Market Size by Type
5.3 Americas Medical Transcription Services Market Size by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries
6 APAC
6.1 APAC Medical Transcription Services Market Size by Countries
6.2 APAC Medical Transcription Services Market Size by Type
6.3 APAC Medical Transcription Services Market Size by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries
7 Europe
7.1 Europe Medical Transcription Services by Countries
7.2 Europe Medical Transcription Services Market Size by Type
7.3 Europe Medical Transcription Services Market Size by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
8.1 Middle East & Africa Medical Transcription Services by Countries
8.2 Middle East & Africa Medical Transcription Services Market Size by Type
8.3 Middle East & Africa Medical Transcription Services Market Size by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
10 Global Medical Transcription Services Market Forecast
10.1 Global Medical Transcription Services Market Size Forecast (2019-2024)
10.2 Global Medical Transcription Services Forecast by Regions
10.2.1 Global Medical Transcription Services Forecast by Regions (2019-2024)
10.2.2 Americas Market Forecast
10.2.3 APAC Market Forecast
10.2.4 Europe Market Forecast
10.2.5 Middle East & Africa Market Forecast
10.3 Americas Forecast by Countries
10.3.1 United States Market Forecast
10.3.2 Canada Market Forecast
10.3.3 Mexico Market Forecast
10.3.4 Brazil Market Forecast
10.4 APAC Forecast by Countries
10.4.1 China Market Forecast
10.4.2 Japan Market Forecast
10.4.3 Korea Market Forecast
10.4.4 Southeast Asia Market Forecast
10.4.5 India Market Forecast
10.4.6 Australia Market Forecast
10.5 Europe Forecast by Countries
10.5.1 Germany Market Forecast
10.5.2 France Market Forecast
10.5.3 UK Market Forecast
10.5.4 Italy Market Forecast
10.5.5 Russia Market Forecast
10.5.6 Spain Market Forecast
10.6 Middle East & Africa Forecast by Countries
10.6.1 Egypt Market Forecast
10.6.2 South Africa Market Forecast
10.6.3 Israel Market Forecast
10.6.4 Turkey Market Forecast
10.6.5 GCC Countries Market Forecast
10.7 Global Medical Transcription Services Forecast by Type
10.8 Global Medical Transcription Services Forecast by Application
11 Key Players Analysis
11.1 Mmodal
11.1.1 Company Details
11.1.2 Medical Transcription Services Product Offered
11.1.3 Mmodal Medical Transcription Services Revenue, Gross Margin and Market Share (2017-2019)
11.1.4 Main Business Overview
11.1.5 Mmodal News
11.2 TransPerfect
11.2.1 Company Details
11.2.2 Medical Transcription Services Product Offered
11.2.3 TransPerfect Medical Transcription Services Revenue, Gross Margin and Market Share (2017-2019)
11.2.4 Main Business Overview
11.2.5 TransPerfect News
11.3 Nuance Communications
11.3.1 Company Details
11.3.2 Medical Transcription Services Product Offered
11.3.3 Nuance Communications Medical Transcription Services Revenue, Gross Margin and Market Share (2017-2019)
11.3.4 Main Business Overview
11.3.5 Nuance Communications News
11.4 Acusis
11.4.1 Company Details
11.4.2 Medical Transcription Services Product Offered
11.4.3 Acusis Medical Transcription Services Revenue, Gross Margin and Market Share (2017-2019)
11.4.4 Main Business Overview
11.4.5 Acusis News
11.5 iMedX Information Services
11.5.1 Company Details
11.5.2 Medical Transcription Services Product Offered
11.5.3 iMedX Information Services Medical Transcription Services Revenue, Gross Margin and Market Share (2017-2019)
11.5.4 Main Business Overview
11.5.5 iMedX Information Services News
11.6 Transcend Services
11.6.1 Company Details
11.6.2 Medical Transcription Services Product Offered
11.6.3 Transcend Services Medical Transcription Services Revenue, Gross Margin and Market Share (2017-2019)
11.6.4 Main Business Overview
11.6.5 Transcend Services News
11.7 Medi-Script Plus
11.7.1 Company Details
11.7.2 Medical Transcription Services Product Offered
11.7.3 Medi-Script Plus Medical Transcription Services Revenue, Gross Margin and Market Share (2017-2019)
11.7.4 Main Business Overview
11.7.5 Medi-Script Plus News
11.8 MTBC
11.8.1 Company Details
11.8.2 Medical Transcription Services Product Offered
11.8.3 MTBC Medical Transcription Services Revenue, Gross Margin and Market Share (2017-2019)
11.8.4 Main Business Overview
11.8.5 MTBC News
11.9 Outsource2india
11.9.1 Company Details
11.9.2 Medical Transcription Services Product Offered
11.9.3 Outsource2india Medical Transcription Services Revenue, Gross Margin and Market Share (2017-2019)
11.9.4 Main Business Overview
11.9.5 Outsource2india News
11.10 nThrive
11.10.1 Company Details
11.10.2 Medical Transcription Services Product Offered
11.10.3 nThrive Medical Transcription Services Revenue, Gross Margin and Market Share (2017-2019)
11.10.4 Main Business Overview
11.10.5 nThrive News
11.11 World Wide Dictation
11.12 BVS Transtech
11.13 Athreon
11.14 VIVA Transcription
11.15 Same Day transcriptions
11.16 Pacific Solutions
11.17 GMT
11.18 DoctorDocs
11.19 Medscribe
11.20 Excel Transcriptions
11.21 LC Transcription Services
12 Research Findings and Conclusion
List of Tables and Figures
Table Product Specifications of Medical Transcription Services
Figure Medical Transcription Services Report Years Considered
Figure Market Research Methodology<