Overview

The global medical transcription service is growing with a CAGR of 5.3% during the forecast period 2024-2031.

Medical transcription (MT) involves converting various audio recordings into written documents, such as reports, letters, surveys, medical conference proceedings, interviews, and referrals dictated by healthcare professionals. These transcriptions can include consultations, psychiatric evaluations, discharge summaries, and patient medical histories.

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Market Growth Trends

Rising technological advancements

The global demand for medical transcription services is fueled by several factors, with one of the primary drivers being technological advancements. The integration of voice recognition, artificial intelligence (AI), and machine learning into medical transcription processes enhances both efficiency and accuracy.

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Market is Segmented

By Service Type:  Consultation Report, History and Physical Examination Reports, Discharge Summary, Operative Report, Others

By Mode Of Procurement:  Outsourcing, Offshoring, Both

By End-Users:  Hospitals, Clinics, Diagnostic Center, Others

By Region:  North America, Latin America, Europe, Asia Pacific, Middle East, and Africa

Market Key Players

·         ACCESSWIRE

·         Amazon Web Services, Inc.

·         3M

·         DataMatrix Technologies, Inc.

·         Mediscribes, Inc.

·         ScribeMedics

·         The Dictation Source

·         SMARTMD

·         EHR Transcriptions, Inc.

·         MOS Medical Transcription Services (MTS)

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