Press Release

Medical Transcription Software Market 2020: Global Share, Size, Regional Trend, Future Growth, Leading Players Updates, Industry Demand, Current and Future Plans by Forecast to 2026

Global Medical Transcription Software Market Competitive Landscape and Value Chain Analysis and Forecast 2020-2026

The global medical transcription software market will benefit from the growing penetration of technology and automation in several applications across the healthcare industry. According to a report published by Fortune Business Insights, titled “Medical Transcription Software Market Size, Share & Industry Analysis, By Deployment (Cloud/Web-based and Installed/On-Premises), By End User Facility (Hospitals, Diagnostic Centers, Clinics, and Others), By Type (Voice Capture and Voice Recognition), By End User (Radiologists, Surgeons, Clinicians, and Others) and Regional Forecast, 2019-2026,” the market was valued at USD 1.17 Billion in 2018, and is projected to reach USD 3.84 Billion by 2026, exhibiting a CAGR of 16.5% during the forecast period.

Key Players Operating in The Medical Transcription Software Market Include: 

Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:

  • Nuance Communications, Inc.
  • M*Modal IP LLC (3M)
  • Dolbey
  • Acusis LLC
  • Voicebrook, Inc.
  • Speech Processing Solutions GmbH (Philips Dictation)
  • Xelex Digital LLC (WebChartMD)
  • nThrive, Inc.
  • Scribe Technology Solutions
  • ZyDoc Medical Transcription

Highlights of the Report:

  • In-depth analysis of various insights, namely, Medical Transcription Software Market trends, growth drivers, opportunities, and other related challenges.
  • Comprehensive details of key market players, their core competencies, and Medical Transcription Software Market share.
  • The potency of suppliers and buyers to make better business decisions.
  • Lists out the market size in terms of volume.

Detailed Table of Content:

  • Introduction
    • Research Scope
    • Market Segmentation
    • Research Methodology
    • Definitions and Assumptions
  • Executive Summary
  • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
  • Key Insights
    • Key Industry Developments- Partnerships, Mergers and Acquisitions
    • Technological Developments in Medical Transcription Software
    • Revenue Models and Key Features of Solutions for Selective Players
    • Transcription Services versus Voice Recognition Software- Pros and Cons
    • Start-ups Scenario in Medical Transcription Software & Voice Based Technologies
    • Overview of CAPD (Computer Assisted Physician Documentation)
    • Penetration and Available Market of Voice Recognition in U.S. & Europe
    • Profitability of the Major Companies
  • Global Medical Transcription Software Market Analysis, Insights and Forecast, 2015-2026
    • Key Findings / Summary
    • Market Analysis, Insights and Forecast – By Deployment
      • Cloud/Web-based
      • Installed/ On Premises
    • Market Analysis, Insights and Forecast – By End-User Facility
      • Hospitals
      • Diagnostic Centers
      • Clinics
      • Others
    • Market Analysis, Insights and Forecast – By Type
      • Voice Capture
      • Voice Recognition
    • Market Analysis, Insights and Forecast – By End-User
      • Radiologists
      • Surgeons
      • Clinicians
      • Others (Allied health professionals, etc.)
    • Market Analysis, Insights and Forecast – By Country
      • North America
      • Europe
      • Asia Pacific
      • Rest of World

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Dale Martinez

Dale possesses an engineering degree in Electronics from the Georgia Institute of Technology. She is the sole contributor at the Healthcare IT column. Before opting to write, Dale worked at major firms such as Microsoft, Amazon, GE, Raytheon, and so on. She possesses vast knowledge about a variety of fields like IT, IoT, Telecommunications, Health Dialysis, photovoltaic, and many others. Dale is also a ballet dancer.

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