VALIDATED EXECUTIVE ENGAGEMENTS
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DATE
JULY 2020
TABLES
60
PAGES
193
EDITION
16
PRICE
USD $5450
The World of Medical Transcription Services is Changing Fast!
It's Time to Identify Upcoming Revenue Pockets & Growth Areas.
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| I. INTRODUCTION, METHODOLOGY & REPORT SCOPE |
| II. EXECUTIVE SUMMARY |
| 1. MARKET OVERVIEW |
| At A Glance |
| Recent Market Activity |
| Preface |
| Transcription Services - Critical Component in Government and Industrial Sectors |
| Medical Transcription Services - Benchmark vs. Need |
| MT Services and its Benefits to Healthcare Professionals |
| Medical Transcription - Marching Ahead amid Technologically Advanced and Automated Environment |
| Embracing Innovative and Latest Technologies |
| Current and Future Analysis |
| US - The Largest Market |
| Globalization and Medical Transcription |
| Emergence of New Supply Markets in Eastern Europe and South America |
| MT Industry Remains Unscathed from Economic Recession |
| Hospitals Favor MT Services as Market Conditions Toughen |
| Favorable Economic Trends Positively Influence MT Services Market |
| Global Competitor Market Shares |
| Medical Transcription Services Competitor Market Share Scenario Worldwide (in %): 2020 & 2029 |
| Impact of Covid-19 and a Looming Global Recession |
| 2. FOCUS ON SELECT PLAYERS |
| Acusis India (India) |
| Audio Dicta Transcription Services (USA) |
| Care Technologies India Private Ltd. (India) |
| eTransMed, LLC (USA) |
| iMedX Inc. (USA) |
| M*Modal IP LLC (USA) |
| Medical Transcription Services (USA) |
| Nuance Communications, Inc. (USA) |
| TopTrans Company (Philippines) |
| Total Transcription Solutions, Inc. (Philippines) |
| TransDyne (India) |
| TransTech Medical Solutions (USA) |
| Vennar Soft Inc. (USA) |
| 3. MARKET TRENDS & DRIVERS |
| Positive Outlook for the Healthcare Industry - Key Growth Indicator |
| Outsourcing Gathers Steam |
| Sourcing Strategy/Model: Means to Achieve Business Process |
| Sole Sourcing - A Model for Increasing Operational Efficiency |
| Radiology Services Offer Lucrative Outsourcing Prospects |
| In-house Vis-a-Vis Outsourcing |
| Offshoring Gains Traction |
| Off-shoring to Drive Cost-Effectiveness |
| A Brief Sketch of Major Outsourcing Destinations |
| India |
| Philippines |
| Nearshoring Finds Favor among Businesses |
| The Debate on Voice Recognition Technology Continues |
| Speech Recognition Technology - Impact on Medical, Legal and General Transcription |
| Front-End Solution Application Still in Nascent Stage |
| Speech Recognition Editing Services Gain Momentum |
| Advancements Revolutionize MT |
| MT: No Longer the Lone Choice for Creation of Medical Records |
| Is EMR System Really a Threat for MT Services? |
| ICD-11: Boon or Bane? |
| Gradual Shift to "VBC" based Pricing Model |
| Aging Population - A Vital Demography |
| Preventive Healthcare Trend Offers Potential |
| Advantages of Medical Transcription Drives Demand |
| Advanced Technologies to the Rescue |
| Robotic Automation Makes In Roads in BPO Industry |
| Social Networking Trend Transforms Business Strategies |
| Growth of Internet-Centered Technologies |
| Faster Adoption of Cloud-Based Medical Transcription Services |
| BPO Providers Warm up to Green Computing |
| Medical Transcription Outsourcing - A Review |
| Reasons for Outsourcing MT Services |
| Outsourced MT Services |
| Advantages of MT Outsourcing |
| Drawbacks of Outsourcing MT Services |
| Medical Transcription Offshoring |
| Offshoring - A Lucrative Option to Curb Business Expenses |
| Offshoring Barriers |
| Developing Nations - A Haven for MT Outsourcing Services |
| INNOVATIONS AND TECHNOLOGICAL ADVANCEMENTS |
| Digital Technology and Medical Transcription |
| Adoption of New EHR System |
| Speech Recognition Technology for the MT Services Market |
| AI and Voice Transcription |
| 4. GLOBAL MARKET PERSPECTIVE |
| Medical Transcription Services Global Market Estimates and Forecasts in US$ Million by Region/Country: 2018-2025 |
| Medical Transcription Services Global Retrospective Market Scenario in US$ Million by Region/Country: 2009-2017 |
| Medical Transcription Services Market Share Shift across Key Geographies Worldwide: 2009 VS 2019 VS 2025 |
| Consultation Reports (Service Segment) World Market by Region/Country in US$ Million: 2018 to 2025 |
| Consultation Reports (Service Segment) Historic Market Analysis by Region/Country in US$ Million: 2009 to 2017 |
| Consultation Reports (Service Segment) Market Share Breakdown of Worldwide Sales by Region/Country: 2009 VS 2019 VS 2025 |
| History & Physical Reports (Service Segment) Potential Growth Markets Worldwide in US$ Million: 2018 to 2025 |
| History & Physical Reports (Service Segment) Historic Market Perspective by Region/Country in US$ Million: 2009 to 2017 |
| History & Physical Reports (Service Segment) Market Sales Breakdown by Region/Country in Percentage: 2009 VS 2019 VS 2025 |
| Operative Reports (Service Segment) Geographic Market Spread Worldwide in US$ Million: 2018 to 2025 |
| Operative Reports (Service Segment) Region Wise Breakdown of Global Historic Demand in US$ Million: 2009 to 2017 |
| Operative Reports (Service Segment) Market Share Distribution in Percentage by Region/Country: 2009 VS 2019 VS 2025 |
| Other Service Segments (Service Segment) World Market Estimates and Forecasts by Region/Country in US$ Million: 2018 to 2025 |
| Other Service Segments (Service Segment) Market Historic Review by Region/Country in US$ Million: 2009 to 2017 |
| Other Service Segments (Service Segment) Market Share Breakdown by Region/Country: 2009 VS 2019 VS 2025 |
| III. MARKET ANALYSIS |
| GEOGRAPHIC MARKET ANALYSIS |
| United States |
| Market Facts & Figures |
| US Medical Transcription Services Market Share (in %) by Company: 2020 & 2025 |
| United States Medical Transcription Services Market Estimates and Projections in US$ Million by Service Segment: 2018 to 2025 |
| Medical Transcription Services Market in the United States by Service Segment: A Historic Review in US$ Million for 2009-2017 |
| United States Medical Transcription Services Market Share Breakdown by Service Segment: 2009 VS 2019 VS 2025 |
| Canada |
| Canadian Medical Transcription Services Market Estimates and Forecasts in US$ Million by Service Segment: 2018 to 2025 |
| Canadian Medical Transcription Services Historic Market Review by Service Segment in US$ Million: 2009-2017 |
| Medical Transcription Services Market in Canada: Percentage Share Breakdown of Sales by Service Segment for 2009, 2019, and 2025 |
| Japan |
| Japanese Market for Medical Transcription Services: Annual Sales Estimates and Projections in US$ Million by Service Segment for the Period 2018-2025 |
| Medical Transcription Services Market in Japan: Historic Sales Analysis in US$ Million by Service Segment for the Period 2009-2017 |
| Japanese Medical Transcription Services Market Share Analysis by Service Segment: 2009 VS 2019 VS 2025 |
| China |
| Chinese Medical Transcription Services Market Growth Prospects in US$ Million by Service Segment for the Period 2018-2025 |
| Medical Transcription Services Historic Market Analysis in China in US$ Million by Service Segment: 2009-2017 |
| Chinese Medical Transcription Services Market by Service Segment: Percentage Breakdown of Sales for 2009, 2019, and 2025 |
| Europe |
| Market Facts & Figures |
| European Medical Transcription Services Market: Competitor Market Share Scenario (in %) for 2020 & 2025 |
| European Medical Transcription Services Market Demand Scenario in US$ Million by Region/Country: 2018-2025 |
| Medical Transcription Services Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2009-2017 |
| European Medical Transcription Services Market Share Shift by Region/Country: 2009 VS 2019 VS 2025 |
| European Medical Transcription Services Market Estimates and Forecasts in US$ Million by Service Segment: 2018-2025 |
| Medical Transcription Services Market in Europe in US$ Million by Service Segment: A Historic Review for the Period 2009-2017 |
| European Medical Transcription Services Market Share Breakdown by Service Segment: 2009 VS 2019 VS 2025 |
| France |
| Medical Transcription Services Market in France by Service Segment: Estimates and Projections in US$ Million for the Period 2018-2025 |
| French Medical Transcription Services Historic Market Scenario in US$ Million by Service Segment: 2009-2017 |
| French Medical Transcription Services Market Share Analysis by Service Segment: 2009 VS 2019 VS 2025 |
| Germany |
| Medical Transcription Services Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Service Segment for the Period 2018-2025 |
| German Medical Transcription Services Historic Market Analysis in US$ Million by Service Segment: 2009-2017 |
| German Medical Transcription Services Market Share Breakdown by Service Segment: 2009 VS 2019 VS 2025 |
| Italy |
| Italian Medical Transcription Services Market Growth Prospects in US$ Million by Service Segment for the Period 2018-2025 |
| Medical Transcription Services Historic Market Analysis in Italy in US$ Million by Service Segment: 2009-2017 |
| Italian Medical Transcription Services Market by Service Segment: Percentage Breakdown of Sales for 2009, 2019, and 2025 |
| United Kingdom |
| United Kingdom Market for Medical Transcription Services: Annual Sales Estimates and Projections in US$ Million by Service Segment for the Period 2018-2025 |
| Medical Transcription Services Market in the United Kingdom: Historic Sales Analysis in US$ Million by Service Segment for the Period 2009-2017 |
| United Kingdom Medical Transcription Services Market Share Analysis by Service Segment: 2009 VS 2019 VS 2025 |
| Rest of Europe |
| Rest of Europe Medical Transcription Services Market Estimates and Forecasts in US$ Million by Service Segment: 2018-2025 |
| Medical Transcription Services Market in Rest of Europe in US$ Million by Service Segment: A Historic Review for the Period 2009-2017 |
| Rest of Europe Medical Transcription Services Market Share Breakdown by Service Segment: 2009 VS 2019 VS 2025 |
| Asia-Pacific |
| Medical Transcription Services Market in Asia-Pacific by Service Segment: Estimates and Projections in US$ Million for the Period 2018-2025 |
| Asia-Pacific Medical Transcription Services Historic Market Scenario in US$ Million by Service Segment: 2009-2017 |
| Asia-Pacific Medical Transcription Services Market Share Analysis by Service Segment: 2009 VS 2019 VS 2025 |
| Rest of World |
| Rest of World Medical Transcription Services Market Estimates and Forecasts in US$ Million by Service Segment: 2018 to 2025 |
| Rest of World Medical Transcription Services Historic Market Review by Service Segment in US$ Million: 2009-2017 |
| Medical Transcription Services Market in Rest of World: Percentage Share Breakdown of Sales by Service Segment for 2009, 2019, and 2025 |
| IV. COMPETITION |
| Total Companies Profiled : 122 Click here to request a full table of contents and more details on this project. |
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