Medical Transcription Service Market Size, Share, Industry, Forecast, and Outlook (2024-2031)
Medical Transcription Service Market Size, Share, Industry, Forecast, and Outlook (2024-2031)
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Objective of the Report
This market research report analyzes the Medical Transcription Service market industry in-depth.
Overview
The global medical transcription service market reached US$ 43.46 billion in 2023 and is expected to reach US$ 65.70 billion by 2031 growing with a CAGR of 5.3% during the forecast period 2024-2031.
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Key Players
· ACCESSWIRE
· Amazon Web Services, Inc.
· 3M
· DataMatrix Technologies, Inc.
· Mediscribes, Inc.
· ScribeMedics
· The Dictation Source
· SMARTMD
· EHR Transcriptions, Inc.
· MOS Medical Transcription Services (MTS)
Market Segments
· By Service Type (Consultation Report, History and Physical Examination Reports, Discharge Summary, Operative Report, Others)
· By Mode Of Procurement (Outsourcing, Offshoring, Both)
· By End-Users (Hospitals, Clinics, Diagnostic Center, Others)
· By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)
Key Developments
In November 2023, Amazon Web Services (AWS) announced a major upgrade to its Amazon Transcribe service, powered by a new multi-billion parameter speech foundation model trained on millions of hours of audio data across over 100 languages.
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