Global Medical Transcription Services Competitive Landscape Professional Research Report 2024

Research Summary

Medical transcription services involve the conversion of spoken medical reports, dictated by healthcare professionals such as doctors, nurses, or surgeons, into written or electronic format for documentation and record-keeping purposes. Medical transcribers, often trained in medical terminology and transcription techniques, listen to audio recordings and accurately transcribe them into written reports, ensuring precision and adherence to specific formatting and guidelines. These reports may include medical histories, physical examinations, diagnostic tests, procedures, and treatment plans. Medical transcription services play a critical role in the healthcare industry by creating accurate and comprehensive medical records that serve as essential references for patient care, billing, legal documentation, research, and communication between healthcare providers. The use of medical transcription services allows healthcare professionals to focus on patient care, while ensuring efficient and accurate documentation of medical information.

According to DIResearch's in-depth investigation and research, the global Medical Transcription Services market size will reach US$ XX Million in 2024, and is expected to reach US$ XX Million in 2030, with a CAGR of XX% (2025-2030). Among them, the China market has changed rapidly in the past few years. The market size in 2024 will be US$ XX Million, accounting for approximately XX% of the world. It is expected to reach US$ XX Million in 2030, and the global share will reach XX%.

The major global manufacturers of Medical Transcription Services include Mmodal, Nuance Communications, Transcend Services, Acusis, iMedX Information Services, MTBC, nThrive, Medi-Script Plus, Outsource2india, TransPerfect, VIVA Transcription, Medscribe, Pacific Solutions, Same Day transcriptions, DoctorDocs, World Wide Dictation, Athreon, BVS Transtech, GMT, Excel Transcriptions, LC Transcription Services etc. The global players competition landscape in this report is divided into three tiers. The first tiers is the global leading enterprise, which occupies a major market share, is in a leading position in the industry, has strong competitiveness and influence, and has a large revenue scale; the second tiers has a certain share and popularity in the market, actively follows the industry leaders in product, service or technological innovation, and has a medium revenue scale; the third tiers has a smaller share in the market, has a lower brand awareness, mainly focuses on the local market, and has a relatively small revenue scale.

This report studies the market size, price trends and future development prospects of Medical Transcription Services. Focus on analysing the market share, product portfolio, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Medical Transcription Services market. The report data covers historical data from 2019 to 2023, base year in 2024 and forecast data from 2025 to 2030.

The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Medical Transcription Services market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Medical Transcription Services industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Medical Transcription Services Include:

Mmodal

Nuance Communications

Transcend Services

Acusis

iMedX Information Services

MTBC

nThrive

Medi-Script Plus

Outsource2india

TransPerfect

VIVA Transcription

Medscribe

Pacific Solutions

Same Day transcriptions

DoctorDocs

World Wide Dictation

Athreon

BVS Transtech

GMT

Excel Transcriptions

LC Transcription Services

Medical Transcription Services Product Segment Include:

Outsourcing

Offshoring

Medical Transcription Services Product Application Include:

Hospitals

Clinical Laboratories

Academic Medical Centers

Others

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends

Chapter 2: Global Medical Transcription Services Industry PESTEL Analysis

Chapter 3: Global Medical Transcription Services Industry Porter's Five Forces Analysis

Chapter 4: Global Medical Transcription Services Major Regional Market Size and Forecast Analysis

Chapter 5: Global Medical Transcription Services Market Size and Forecast by Type and Application Analysis

Chapter 6: North America Medical Transcription Services Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 7: Europe Medical Transcription Services Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 8: China Medical Transcription Services Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 9: APAC (Excl. China) Medical Transcription Services Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 10: Latin America Medical Transcription Services Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 11: Middle East and Africa Medical Transcription Services Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 12: Global Medical Transcription Services Competitive Analysis of Key Manufacturers (Revenue, Market Share, Regional Distribution and Industry Concentration)

Chapter 13: Key Company Profiles (Product Portfolio, Revenue and Gross Margin)

Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers

Chapter 15: Research Findings and Conclusion

Chapter 16: Methodology and Data Sources

Table of Contents

1 Medical Transcription Services Market Overview

1.1 Product Definition and Statistical Scope

1.2 Medical Transcription Services Product by Type

1.2.1 Global Medical Transcription Services Market Size by Type, 2023 VS 2024 VS 2030

1.2.2 Outsourcing

1.2.3 Offshoring

1.3 Medical Transcription Services Product by Application

1.3.1 Global Medical Transcription Services Market Size by Application, 2023 VS 2024 VS 2030

1.3.2 Hospitals

1.3.3 Clinical Laboratories

1.3.4 Academic Medical Centers

1.3.5 Others

1.4 Global Medical Transcription Services Market Revenue Analysis (2019-2030)

1.5 Medical Transcription Services Market Development Status and Trends

1.5.1 Medical Transcription Services Industry Development Status Analysis

1.5.2 Medical Transcription Services Industry Development Trends Analysis

2 Medical Transcription Services Market PESTEL Analysis

2.1 Political Factors Analysis

2.2 Economic Factors Analysis

2.3 Social Factors Analysis

2.4 Technological Factors Analysis

2.5 Environmental Factors Analysis

2.6 Legal Factors Analysis

3 Medical Transcription Services Market Porter's Five Forces Analysis

3.1 Competitive Rivalry

3.2 Threat of New Entrants

3.3 Bargaining Power of Suppliers

3.4 Bargaining Power of Buyers

3.5 Threat of Substitutes

4 Global Medical Transcription Services Market Analysis by Regions

4.1 Medical Transcription Services Overall Market: 2023 VS 2024 VS 2030

4.2 Global Medical Transcription Services Revenue and Forecast Analysis (2019-2030)

4.2.1 Global Medical Transcription Services Revenue and Market Share by Region (2019-2024)

4.2.2 Global Medical Transcription Services Revenue Forecast by Region (2025-2030)

5 Global Medical Transcription Services Market Size by Type and Application

5.1 Global Medical Transcription Services Market Size by Type

5.2 Global Medical Transcription Services Market Size by Application

6 North America

6.1 North America Medical Transcription Services Market Size and Growth Rate Analysis (2019-2030)

6.2 North America Key Manufacturers Analysis

6.3 North America Medical Transcription Services Market Size by Type

6.4 North America Medical Transcription Services Market Size by Application

6.5 North America Medical Transcription Services Market Size by Country

6.5.1 US

6.5.2 Canada

7 Europe

7.1 Europe Medical Transcription Services Market Size and Growth Rate Analysis (2019-2030)

7.2 Europe Key Manufacturers Analysis

7.3 Europe Medical Transcription Services Market Size by Type

7.4 Europe Medical Transcription Services Market Size by Application

7.5 Europe Medical Transcription Services Market Size by Country

7.5.1 Germany

7.5.2 France

7.5.3 United Kingdom

7.5.4 Italy

7.5.5 Spain

7.5.6 Benelux

8 China

8.1 China Medical Transcription Services Market Size and Growth Rate Analysis (2019-2030)

8.2 China Key Manufacturers Analysis

8.3 China Medical Transcription Services Market Size by Type

8.4 China Medical Transcription Services Market Size by Application

9 APAC (excl. China)

9.1 APAC (excl. China) Medical Transcription Services Market Size and Growth Rate Analysis (2019-2030)

9.2 APAC (excl. China) Key Manufacturers Analysis

9.3 APAC (excl. China) Medical Transcription Services Market Size by Type

9.4 APAC (excl. China) Medical Transcription Services Market Size by Application

9.5 APAC (excl. China) Medical Transcription Services Market Size by Country

9.5.1 Japan

9.5.2 South Korea

9.5.3 India

9.5.4 Australia

9.5.5 Indonesia

9.5.6 Vietnam

9.5.7 Malaysia

9.5.8 Thailand

10 Latin America

10.1 Latin America Medical Transcription Services Market Size and Growth Rate Analysis (2019-2030)

10.2 Latin America Key Manufacturers Analysis

10.3 Latin America Medical Transcription Services Market Size by Type

10.4 Latin America Medical Transcription Services Market Size by Application

10.5 Latin America Medical Transcription Services Market Size by Country

10.5.1 Mecixo

10.5.2 Brazil

11 Middle East & Africa

11.1 Middle East & Africa Medical Transcription Services Market Size and Growth Rate Analysis (2019-2030)

11.2 Middle East & Africa Key Manufacturers Analysis

11.3 Middle East & Africa Medical Transcription Services Market Size by Type

11.4 Middle East & Africa Medical Transcription Services Market Size by Application

11.5 Middle East & Africa Medical Transcription Services Market Size by Country

11.5.1 Saudi Arabia

11.5.2 South Africa

12 Market Competition by Manufacturers

12.1 Global Medical Transcription Services Market Revenue by Key Manufacturers (2020-2024)

12.2 Medical Transcription Services Competitive Landscape Analysis and Market Dynamic

12.2.1 Medical Transcription Services Competitive Landscape Analysis

12.2.2 Global Key Manufacturers Headquarter and Key Area Sales

12.2.3 Market Dynamic

13 Key Companies Analysis

13.1 Mmodal

13.1.1 Mmodal Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.1.2 Mmodal Medical Transcription Services Product Portfolio

13.1.3 Mmodal Medical Transcription Services Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.2 Nuance Communications

13.2.1 Nuance Communications Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.2.2 Nuance Communications Medical Transcription Services Product Portfolio

13.2.3 Nuance Communications Medical Transcription Services Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.3 Transcend Services

13.3.1 Transcend Services Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.3.2 Transcend Services Medical Transcription Services Product Portfolio

13.3.3 Transcend Services Medical Transcription Services Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.4 Acusis

13.4.1 Acusis Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.4.2 Acusis Medical Transcription Services Product Portfolio

13.4.3 Acusis Medical Transcription Services Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.5 iMedX Information Services

13.5.1 iMedX Information Services Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.5.2 iMedX Information Services Medical Transcription Services Product Portfolio

13.5.3 iMedX Information Services Medical Transcription Services Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.6 MTBC

13.6.1 MTBC Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.6.2 MTBC Medical Transcription Services Product Portfolio

13.6.3 MTBC Medical Transcription Services Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.7 nThrive

13.7.1 nThrive Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.7.2 nThrive Medical Transcription Services Product Portfolio

13.7.3 nThrive Medical Transcription Services Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.8 Medi-Script Plus

13.8.1 Medi-Script Plus Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.8.2 Medi-Script Plus Medical Transcription Services Product Portfolio

13.8.3 Medi-Script Plus Medical Transcription Services Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.9 Outsource2india

13.9.1 Outsource2india Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.9.2 Outsource2india Medical Transcription Services Product Portfolio

13.9.3 Outsource2india Medical Transcription Services Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.10 TransPerfect

13.10.1 TransPerfect Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.10.2 TransPerfect Medical Transcription Services Product Portfolio

13.10.3 TransPerfect Medical Transcription Services Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.11 VIVA Transcription

13.11.1 VIVA Transcription Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.11.2 VIVA Transcription Medical Transcription Services Product Portfolio

13.11.3 VIVA Transcription Medical Transcription Services Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.12 Medscribe

13.12.1 Medscribe Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.12.2 Medscribe Medical Transcription Services Product Portfolio

13.12.3 Medscribe Medical Transcription Services Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.13 Pacific Solutions

13.13.1 Pacific Solutions Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.13.2 Pacific Solutions Medical Transcription Services Product Portfolio

13.13.3 Pacific Solutions Medical Transcription Services Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.14 Same Day transcriptions

13.14.1 Same Day transcriptions Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.14.2 Same Day transcriptions Medical Transcription Services Product Portfolio

13.14.3 Same Day transcriptions Medical Transcription Services Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.15 DoctorDocs

13.15.1 DoctorDocs Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.15.2 DoctorDocs Medical Transcription Services Product Portfolio

13.15.3 DoctorDocs Medical Transcription Services Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.16 World Wide Dictation

13.16.1 World Wide Dictation Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.16.2 World Wide Dictation Medical Transcription Services Product Portfolio

13.16.3 World Wide Dictation Medical Transcription Services Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.17 Athreon

13.17.1 Athreon Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.17.2 Athreon Medical Transcription Services Product Portfolio

13.17.3 Athreon Medical Transcription Services Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.18 BVS Transtech

13.18.1 BVS Transtech Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.18.2 BVS Transtech Medical Transcription Services Product Portfolio

13.18.3 BVS Transtech Medical Transcription Services Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.19 GMT

13.19.1 GMT Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.19.2 GMT Medical Transcription Services Product Portfolio

13.19.3 GMT Medical Transcription Services Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.20 Excel Transcriptions

13.20.1 Excel Transcriptions Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.20.2 Excel Transcriptions Medical Transcription Services Product Portfolio

13.20.3 Excel Transcriptions Medical Transcription Services Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.21 LC Transcription Services

13.21.1 LC Transcription Services Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.21.2 LC Transcription Services Medical Transcription Services Product Portfolio

13.21.3 LC Transcription Services Medical Transcription Services Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

14 Industry Chain Analysis

14.1 Medical Transcription Services Industry Chain Analysis

14.2 Medical Transcription Services Industry Raw Material and Suppliers Analysis

14.2.1 Upstream Key Raw Material Supply Analysis

14.2.2 Raw Material Suppliers and Contact Information

14.3 Medical Transcription Services Typical Downstream Customers

14.4 Medical Transcription Services Sales Channel Analysis

15 Research Findings and Conclusion

16 Methodology and Data Source

16.1 Methodology/Research Approach

16.2 Research Scope

16.3 Benchmarks and Assumptions

16.4 Date Source

16.4.1 Primary Sources

16.4.2 Secondary Sources

16.5 Data Cross Validation

16.6 Disclaimer

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