Medical Transcription Market in US 2024-2028

Publisher TechNavio

Published Oct 18, 2024

Length 122 Pages

SKU # INF19287431

Description

Medical Transcription Market In US 2024-2028

The medical transcription market in us is forecasted to grow by USD 1624.2 mn during 2023-2028, accelerating at a CAGR of 4.5% during the forecast period. The report on the medical transcription market in us provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing need for automated medical transcripts, government initiatives supporting adoption of health it systems, and growing prevalence of chronic diseases.

Technavio's medical transcription market in us is segmented as below:

By End-user
Hospitals
Physician groups and clinics
By Type
Services
Software
By Geographical Landscape
North America

This study identifies the growing adoption of advanced asr systems in healthcare sector as one of the prime reasons driving the medical transcription market in us growth during the next few years. Also, emergence of new speech recognition technologies and growing consolidation in market will lead to sizable demand in the market.

The report on the medical transcription market in us covers the following areas:

Medical Transcription Market in US sizing
Medical Transcription Market in US forecast
Medical Transcription Market in US industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading medical transcription market in us vendors that include 3M Co., Amazon.com Inc., Aquity LLC, Athreon Corp., CBAY Transcription Inc., Crimson Interactive Pvt. Ltd., Dolbey, EHR Transcriptions Inc., Global Medical Transcription LLC, InSync Healthcare Solution, Managed Outsource Solutions, NextGen Healthcare Inc., Nuance Communications Inc., Scribetech UK Ltd., SmartMD, Sunrise Transcriptions Inc., TransDyne, vChart LLC, World Wide Dictation Service of New York Inc., and ZyDoc Medical Transcription LLC. Also, the medical transcription market in us analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

1 Executive Summary: 1.1 Market overview; Executive Summary - Chart on Market Overview; Executive Summary - Data Table on Market Overview; Executive Summary - Chart on Country Market Characteristics; Executive Summary - Chart on Market Segmentation by End-user; Executive Summary - Chart on Market Segmentation by Type; Executive Summary - Chart on Company Market Positioning
2 Market Landscape: 2.1 Market ecosystem; Parent Market; Data Table on - Parent Market; 2.2 Market characteristics; Market characteristics analysis; 2.3 Value chain analysis; Value Chain Analysis
3 Market Sizing: 3.1 Market definition; Offerings of companies included in the market definition; 3.2 Market segment analysis; Market segments; 3.3 Market size 2023; 3.4 Market outlook: Forecast for 2023-2028; Chart on US - Market size and forecast 2023-2028 ($ million); Data Table on US - Market size and forecast 2023-2028 ($ million); Chart on US: Year-over-year growth 2023-2028 (%); Data Table on US: Year-over-year growth 2023-2028 (%)
4 Historic Market Size: 4.1 Medical Transcription Market in US 2018 - 2022; Historic Market Size - Data Table on Medical Transcription Market in US 2018 - 2022 ($ million); 4.2 End-user segment analysis 2018 - 2022; Historic Market Size - End-user Segment 2018 - 2022 ($ million); 4.3 Type segment analysis 2018 - 2022; Historic Market Size - Type Segment 2018 - 2022 ($ million)
5 Five Forces Analysis: 5.1 Five forces summary; Five forces analysis - Comparison between 2023 and 2028; 5.2 Bargaining power of buyers; Bargaining power of buyers - Impact of key factors 2023 and 2028; 5.3 Bargaining power of suppliers; Bargaining power of suppliers - Impact of key factors in 2023 and 2028; 5.4 Threat of new entrants; Threat of new entrants - Impact of key factors in 2023 and 2028; 5.5 Threat of substitutes; Threat of substitutes - Impact of key factors in 2023 and 2028; 5.6 Threat of rivalry; Threat of rivalry - Impact of key factors in 2023 and 2028; 5.7 Market condition; Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by End-user: 6.1 Market segments; Chart on End-user - Market share 2023-2028 (%); Data Table on End-user - Market share 2023-2028 (%); 6.2 Comparison by End-user; Chart on Comparison by End-user; Data Table on Comparison by End-user; 6.3 Hospitals - Market size and forecast 2023-2028; Chart on Hospitals - Market size and forecast 2023-2028 ($ million); Data Table on Hospitals - Market size and forecast 2023-2028 ($ million); Chart on Hospitals - Year-over-year growth 2023-2028 (%); Data Table on Hospitals - Year-over-year growth 2023-2028 (%); 6.4 Physician groups and clinics - Market size and forecast 2023-2028; Chart on Physician groups and clinics - Market size and forecast 2023-2028 ($ million); Data Table on Physician groups and clinics - Market size and forecast 2023-2028 ($ million); Chart on Physician groups and clinics - Year-over-year growth 2023-2028 (%); Data Table on Physician groups and clinics - Year-over-year growth 2023-2028 (%); 6.5 Market opportunity by End-user; Market opportunity by End-user ($ million); Data Table on Market opportunity by End-user ($ million)
7 Market Segmentation by Type: 7.1 Market segments; Chart on Type - Market share 2023-2028 (%); Data Table on Type - Market share 2023-2028 (%); 7.2 Comparison by Type; Chart on Comparison by Type; Data Table on Comparison by Type; 7.3 Services - Market size and forecast 2023-2028; Chart on Services - Market size and forecast 2023-2028 ($ million); Data Table on Services - Market size and forecast 2023-2028 ($ million); Chart on Services - Year-over-year growth 2023-2028 (%); Data Table on Services - Year-over-year growth 2023-2028 (%); 7.4 Software - Market size and forecast 2023-2028; Chart on Software - Market size and forecast 2023-2028 ($ million); Data Table on Software - Market size and forecast 2023-2028 ($ million); Chart on Software - Year-over-year growth 2023-2028 (%); Data Table on Software - Year-over-year growth 2023-2028 (%); 7.5 Market opportunity by Type; Market opportunity by Type ($ million); Data Table on Market opportunity by Type ($ million)
8 Customer Landscape: 8.1 Customer landscape overview; Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Opportunity/Restraints: 9.1 Market drivers; 9.2 Market challenges; 9.3 Impact of drivers and challenges; Impact of drivers and challenges in 2023 and 2028; 9.4 Market opportunities/restraints
10 Competitive Landscape: 10.1 Overview; 10.2 Competitive Landscape; Overview on criticality of inputs and factors of differentiation; 10.3 Landscape disruption; Overview on factors of disruption; 10.4 Industry risks; Impact of key risks on business
11 Competitive Analysis: 11.1 Companies profiled; Companies covered; 11.2 Market positioning of companies; Matrix on companies position and classification; 3M Co.; 3M Co. - Overview; 3M Co. - Business segments; 3M Co. - Key news; 3M Co. - Key offerings; 3M Co. - Segment focus; 11.4 Amazon.com Inc.; Amazon.com Inc. - Overview; Amazon.com Inc. - Business segments; Amazon.com Inc. - Key news; Amazon.com Inc. - Key offerings; Amazon.com Inc. - Segment focus; 11.5 Aquity LLC; Aquity LLC - Overview; Aquity LLC - Product / Service; Aquity LLC - Key offerings; 11.6 Dolbey; Dolbey - Overview; Dolbey - Product / Service; Dolbey - Key offerings; 11.7 InSync Healthcare Solution; InSync Healthcare Solution - Overview; InSync Healthcare Solution - Product / Service; InSync Healthcare Solution - Key offerings; 11.8 NextGen Healthcare Inc.; NextGen Healthcare Inc. - Overview; NextGen Healthcare Inc. - Product / Service; NextGen Healthcare Inc. - Key news; NextGen Healthcare Inc. - Key offerings; 11.9 Nuance Communications Inc.; Nuance Communications Inc. - Overview; Nuance Communications Inc. - Product / Service; Nuance Communications Inc. - Key offerings; 11.10 SmartMD; SmartMD - Overview; SmartMD - Product / Service; SmartMD - Key offerings; 11.11 World Wide Dictation Service of New York Inc.; World Wide Dictation Service of New York Inc. - Overview; World Wide Dictation Service of New York Inc. - Product / Service; World Wide Dictation Service of New York Inc. - Key offerings; 11.12 ZyDoc Medical Transcription LLC; ZyDoc Medical Transcription LLC - Overview; ZyDoc Medical Transcription LLC - Product / Service; ZyDoc Medical Transcription LLC - Key offerings
12 Appendix: 12.1 Scope of the report; 12.2 Inclusions and exclusions checklist; Inclusions checklist; Exclusions checklist; 12.3 Currency conversion rates for US$; Currency conversion rates for US$; 12.4 Research methodology; Research methodology; 12.5 Data procurement; Information sources; 12.6 Data validation; Data validation; 12.7 Validation techniques employed for market sizing; Validation techniques employed for market sizing; 12.8 Data synthesis; Data synthesis; 12.9 360 degree market analysis; 360 degree market analysis; 12.10 List of abbreviations; List of abbreviations
Exhibits:: Exhibits1: Executive Summary - Chart on Market Overview; Exhibits2: Executive Summary - Data Table on Market Overview; Exhibits3: Executive Summary - Chart on Country Market Characteristics; Exhibits4: Executive Summary - Chart on Market Segmentation by End-user; Exhibits5: Executive Summary - Chart on Market Segmentation by Type; Exhibits6: Executive Summary - Chart on Company Market Positioning; Exhibits7: Parent Market; Exhibits8: Data Table on - Parent Market; Exhibits9: Market characteristics analysis; Exhibits10: Value Chain Analysis; Exhibits11: Offerings of companies included in the market definition; Exhibits12: Market segments; Exhibits13: Chart on US - Market size and forecast 2023-2028 ($ million); Exhibits14: Data Table on US - Market size and forecast 2023-2028 ($ million); Exhibits15: Chart on US: Year-over-year growth 2023-2028 (%); Exhibits16: Data Table on US: Year-over-year growth 2023-2028 (%); Exhibits17: Historic Market Size - Data Table on Medical Transcription Market in US 2018 - 2022 ($ million); Exhibits18: Historic Market Size - End-user Segment 2018 - 2022 ($ million); Exhibits19: Historic Market Size - Type Segment 2018 - 2022 ($ million); Exhibits20: Five forces analysis - Comparison between 2023 and 2028; Exhibits21: Bargaining power of buyers - Impact of key factors 2023 and 2028; Exhibits22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028; Exhibits23: Threat of new entrants - Impact of key factors in 2023 and 2028; Exhibits24: Threat of substitutes - Impact of key factors in 2023 and 2028; Exhibits25: Threat of rivalry - Impact of key factors in 2023 and 2028; Exhibits26: Chart on Market condition - Five forces 2023 and 2028; Exhibits27: Chart on End-user - Market share 2023-2028 (%); Exhibits28: Data Table on End-user - Market share 2023-2028 (%); Exhibits29: Chart on Comparison by End-user; Exhibits30: Data Table on Comparison by End-user; Exhibits31: Chart on Hospitals - Market size and forecast 2023-2028 ($ million); Exhibits32: Data Table on Hospitals - Market size and forecast 2023-2028 ($ million); Exhibits33: Chart on Hospitals - Year-over-year growth 2023-2028 (%); Exhibits34: Data Table on Hospitals - Year-over-year growth 2023-2028 (%); Exhibits35: Chart on Physician groups and clinics - Market size and forecast 2023-2028 ($ million); Exhibits36: Data Table on Physician groups and clinics - Market size and forecast 2023-2028 ($ million); Exhibits37: Chart on Physician groups and clinics - Year-over-year growth 2023-2028 (%); Exhibits38: Data Table on Physician groups and clinics - Year-over-year growth 2023-2028 (%); Exhibits39: Market opportunity by End-user ($ million); Exhibits40: Data Table on Market opportunity by End-user ($ million); Exhibits41: Chart on Type - Market share 2023-2028 (%); Exhibits42: Data Table on Type - Market share 2023-2028 (%); Exhibits43: Chart on Comparison by Type; Exhibits44: Data Table on Comparison by Type; Exhibits45: Chart on Services - Market size and forecast 2023-2028 ($ million); Exhibits46: Data Table on Services - Market size and forecast 2023-2028 ($ million); Exhibits47: Chart on Services - Year-over-year growth 2023-2028 (%); Exhibits48: Data Table on Services - Year-over-year growth 2023-2028 (%); Exhibits49: Chart on Software - Market size and forecast 2023-2028 ($ million); Exhibits50: Data Table on Software - Market size and forecast 2023-2028 ($ million); Exhibits51: Chart on Software - Year-over-year growth 2023-2028 (%); Exhibits52: Data Table on Software - Year-over-year growth 2023-2028 (%); Exhibits53: Market opportunity by Type ($ million); Exhibits54: Data Table on Market opportunity by Type ($ million); Exhibits55: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria; Exhibits56: Impact of drivers and challenges in 2023 and 2028; Exhibits57: Overview on criticality of inputs and factors of differentiation; Exhibits58: Overview on factors of disruption; Exhibits59: Impact of key risks on business; Exhibits60: Companies covered; Exhibits61: Matrix on companies position and classification; Exhibits62: 3M Co. - Overview; Exhibits63: 3M Co. - Business segments; Exhibits64: 3M Co. - Key news; Exhibits65: 3M Co. - Key offerings; Exhibits66: 3M Co. - Segment focus; Exhibits67: Amazon.com Inc. - Overview; Exhibits68: Amazon.com Inc. - Business segments; Exhibits69: Amazon.com Inc. - Key news; Exhibits70: Amazon.com Inc. - Key offerings; Exhibits71: Amazon.com Inc. - Segment focus; Exhibits72: Aquity LLC - Overview; Exhibits73: Aquity LLC - Product / Service; Exhibits74: Aquity LLC - Key offerings; Exhibits75: Dolbey - Overview; Exhibits76: Dolbey - Product / Service; Exhibits77: Dolbey - Key offerings; Exhibits78: InSync Healthcare Solution - Overview; Exhibits79: InSync Healthcare Solution - Product / Service; Exhibits80: InSync Healthcare Solution - Key offerings; Exhibits81: NextGen Healthcare Inc. - Overview; Exhibits82: NextGen Healthcare Inc. - Product / Service; Exhibits83: NextGen Healthcare Inc. - Key news; Exhibits84: NextGen Healthcare Inc. - Key offerings; Exhibits85: Nuance Communications Inc. - Overview; Exhibits86: Nuance Communications Inc. - Product / Service; Exhibits87: Nuance Communications Inc. - Key offerings; Exhibits88: SmartMD - Overview; Exhibits89: SmartMD - Product / Service; Exhibits90: SmartMD - Key offerings; Exhibits91: World Wide Dictation Service of New York Inc. - Overview; Exhibits92: World Wide Dictation Service of New York Inc. - Product / Service; Exhibits93: World Wide Dictation Service of New York Inc. - Key offerings; Exhibits94: ZyDoc Medical Transcription LLC - Overview; Exhibits95: ZyDoc Medical Transcription LLC - Product / Service; Exhibits96: ZyDoc Medical Transcription LLC - Key offerings; Exhibits97: Inclusions checklist; Exhibits98: Exclusions checklist; Exhibits99: Currency conversion rates for US$; Exhibits100: Research methodology; Exhibits101: Information sources; Exhibits102: Data validation; Exhibits103: Validation techniques employed for market sizing; Exhibits104: Data synthesis; Exhibits105: 360 degree market analysis; Exhibits106: List of abbreviations

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