Report cover image

Medical Speech Recognition Software Market Growth, Size, Trends Analysis- By Deployment, By Functionality, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Publisher SPER Market Research Pvt. Ltd.
Published Dec 24, 2024
Length 249 Pages
SKU # SPER19505128

Description

Medical Speech Recognition Software Market Growth, Size, Trends Analysis- By Deployment, By Functionality, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033


Medical Speech Recognition Software Market Introduction and Overview

According to SPER Market Research, ‘Global Medical Speech Recognition Software Market Size- By Deployment, By Functionality, By End Use – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Global Medical Speech Recognition Software Market is predicted to reach 4.48 billion by 2033 with a CAGR of 11.41%.

Medical transcription software is a dedicated tool designed to transform audio recordings of medical reports, dictated by healthcare professionals, into written documents. These systems can efficiently transcribe medical notes, patient histories, and other clinical documentation by using speech recognition technology, natural language processing, and, in certain cases, machine learning techniques. This automation reduces the effort of medical transcriptionists and reduces errors as compared to manual transcribe.

Impact of COVID-19: The expansion of the worldwide market for medical transcription software was positively impacted by the COVID-19 pandemic. During the COVID-19 epidemic, a sudden surge in the need for telemedicine services accelerated the use of transcription software in medical facilities. The use of telemedicine and Electronic Health Records (EHR) increased as a result of this situation. Timely and accurate disease diagnosis was the main advantage of these items.

Scope of the report:
Report Metric Details Market size available for years 2020-2033 Base year considered 2023 Forecast period 2024-2033 Segments covered By Deployment, By Functionality, By End User

Regions covered
North America, Asia-Pacific, Latin America, Middle East & Africa and Europe

Companies Covered
Nuance Communications, Inc; Amazon Web Services (AWS); 3M Health Information Systems; IBM Watson Health; Microsoft Corporation; DeepScribe; Augnito; Deepgram; ScienceSoft; PrognoCIS.

Medical Speech Recognition Software Market Segmentation:

By Deployment:Based on the Deployment, Global Medical Speech Recognition Software Market is segmented as; Cloud-based, On-premises.

By Functionality: Based on the Functionality, Global Medical Speech Recognition Software Market is segmented as; Front-end Speech Recognition, Back-end Speech Recognition, Voice Command and Control.

By End User:Based on the End Use, Global Medical Speech Recognition Software Market is segmented as; Doctors & Physicians, Radiologists, Medical Transcriptionist.

By Region:This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.

Table of Contents

249 Pages
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Medical Speech Recognition Software Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Medical Speech Recognition Software Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Medical Speech Recognition Software Market
7. Global Medical Speech Recognition Software Market, By Deployment (USD Million) 2020-2033
7.1. Global Medical Speech Recognition Software Market Size, Share and Forecast, By Deployment, 2020-2026
7.2. Global Medical Speech Recognition Software Market Size, Share and Forecast, By Deployment, 2027-2033
7.3. Cloud-based
7.4. On-premises
8. Global Medical Speech Recognition Software Market, By Functionality (USD Million) 2020-2033
8.1. Global Medical Speech Recognition Software Market Size, Share and Forecast, By Functionality, 2020-2026
8.2. Global Medical Speech Recognition Software Market Size, Share and Forecast, By Functionality, 2027-2033
8.3. Front-end Speech Recognition
8.4. Back-end Speech Recognition
8.5. Voice Command and Control
9. Global Medical Speech Recognition Software Market, By End Use (USD Million) 2020-2033
9.1. Global Medical Speech Recognition Software Market Size, Share and Forecast, By End Use, 2020-2026
9.2. Global Medical Speech Recognition Software Market Size, Share and Forecast, By End Use, 2027-2033
9.3. Doctors & Physicians
9.4. Radiologists
9.5. Medical Transcriptionist
9.6. Others
10. Global Medical Speech Recognition Software Market Forecast, 2020-2033 (USD Million)
10.1. Global Medical Speech Recognition Software Market Size and Market Share
11. Global Medical Speech Recognition Software Market, By Region, 2020-2033 (USD Million)
11.1. Global Medical Speech Recognition Software Market Size and Market Share By Region (2020-2026)
11.2. Global Medical Speech Recognition Software Market Size and Market Share By Region (2027-2033)
11.3. Asia-Pacific
11.3.1. Australia
11.3.2. China
11.3.3. India
11.3.4. Japan
11.3.5. South Korea
11.3.6. Rest of Asia-Pacific
11.4. Europe
11.4.1. France
11.4.2. Germany
11.4.3. Italy
11.4.4. Spain
11.4.5. United Kingdom
11.4.6. Rest of Europe
11.5. Middle East and Africa
11.5.1. Kingdom of Saudi Arabia
11.5.2. United Arab Emirates
11.5.3. Qatar
11.5.4. South Africa
11.5.5. Egypt
11.5.6. Morocco
11.5.7. Nigeria
11.5.8. Rest of Middle-East and Africa
11.6. North America
11.6.1. Canada
11.6.2. Mexico
11.6.3. United States
11.7. Latin America
11.7.1. Argentina
11.7.2. Brazil
11.7.3. Rest of Latin America
12. Company Profile
12.1. Nuance Communications, Inc
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. Amazon Web Services (AWS)
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. 3M Health Information Systems
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. IBM Watson Health
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. Microsoft Corporation
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. DeepScribe
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. Augnito
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. Deepgram
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. ScienceSoft
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. PrognoCIS
12.10.1. Company details
12.10.2. Financial outlook
12.10.3. Product summary
12.10.4. Recent developments
12.11. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us