[August 28, 2015] |
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Medical Transcription - Technavio Unveils Market Analysis, Vendors, Trends & Forecast
Technavio has published a new report on the global
medical transcription market, which is expected to grow
at a CAGR of about 6% from 2015-2019.
Medical transcription market segmentation including end-user and
geography
Technavio's report analyses the solutions and products offered by market
vendors and presents a comprehensive breakdown in terms of market
segmentation for different end-users, including hospitals and physicians
and clinics.
Additionally, analysts have segmented market projections by key
geography, focusing on the Americas, EMEA, and the APAC region.
The new report by Technavio draws attention towards the growing
popularity of speech recognition software, which has changed the
traditional method of medical transcription. It will transform the role
of medical transcription from speech to editing texts in the coming
years.
"The speech recognition software converts speech directly into texts,
reducing physicians' efforts to record and send audio files for
transcription. This software makes the tedious and time-consuming
process of transcription convenient and simplified. The growing
popularity of thesoftware will propel market growth in the forecast
period," says Faisal Ghaus, Vice President of Technavio.
Medical transcription: Market scope and calculation of market size
This report covers the present scenario and growth prospects for the
global medical transcription market from 2015-2019. The report also
presents the vendor landscape and a corresponding detailed analysis of
the top five vendors operating in the market.
Industry analysis includes:
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Key Vendors:
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Acusis
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iMedX Information Services
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MModal
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Nuance (News - Alert) Communications
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Precyse Solutions
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Market Growth Drivers:
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Focus on automation and cost-effectiveness
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Increased patient care
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Market Challenges:
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Intense competition
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Data quality and security concerns
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Market Trends:
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Growing popularity of speech recognition software
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Use of mobile health solutions
View the global
medical transcription market report.
Technavio currently has
more than 3000 market research reports on a huge range of topics,
including 200+ reports on the medical devices market:
If you are interested in more information, please contact our media team
at [email protected].
View source version on businesswire.com: http://www.businesswire.com/news/home/20150828005091/en/
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