The global medical transcription software market size is predicted to reach USD 4.89 billion by 2027, exhibiting a CAGR of 17.8% during the forecast period. The growing need for digital documentation in healthcare owing to the management and treatment of chronic diseases can be a vital factor augmenting the growth of the market, states Fortune Business Insights in a report, titled “Medical Transcription Software Market Size, Share & COVID-19 Impact Analysis, By Deployment (Cloud/Web Based and Installed/On-Premises), By End User Facility (Hospitals, Diagnostic Centers, Clinics, and Others), By Type (Voice Capture and Voice Recognition), By End User (Radiologists, Surgeons, Clinicians, and Others), and Regional Forecast, 2020-2027” the market size stood at USD 1.32 billion in 2019.
Request a Sample Copy of the Research Report:
The COVID-19 emergency has brought the world to an unforeseen stop. We understand that this health disaster has negatively impacted various sectors across the globe. Rising support from governments and several companies can help in the fight against this highly infectious virus. There are some industries that are struggling and some are thriving. More or less, nearly every sector is estimated to be impacted by this pandemic.
We are making endless efforts to uplift businesses in this crucial need of the hour. Our expertise and experience can offer enormous benefits to help regain during this global pandemic.
Key Development:
February 2019: 3M, a global leader in healthcare technology announced the acquisition of MModal IP LLC to expand its portfolio in revenue cycle management, population health management, and clinical documentation with the help of speech recognition technology.
Please Visit to know more:
Recently published a report entitled Medical Transcription Software Market projected till 2026, added by Value Market Research, covers key players along with their market share and strategic development adopted by them.
Further, the report provides market size, share, trends, outlook and forecast based on historical data coupled with drivers, restraints, and opportunities.The broad medical transcription software market has been sub-grouped into type and application.
The report studies these subsets with respect to the geographical segmentation.
The strategists can gain a detailed insight and devise appropriate strategies to target specific market.
This detail will lead to a focused approach leading to identification of better opportunities.Request a FREE Sample Copy of Medical Transcription Software Market Report with Full TOC At: https://www.valuemarketresearch.com/contact/medical-transcription-software-market/download-sampleBy TypesCloud, SaaS, WebInstalled - WindowsMobile - iOS NativeBy ApplicationHospitalClinicOthersThe report also covers detailed competitive landscape including company profiles of key players operating in the global market.
The key players in the medical transcription software market include Acusis, eCareNotes Transcription Workflows, Entrada, EvolveMed, LCD Solutions, Nagarsoft, Narratek, NCH Software, Nuance, SmartMD, Winscribe, ZyDoc, and ZyDoc Transcription.
Medical Transcription Software Market Report published by value market research, it provides a comprehensive market analysis which includes market size, share, value, growth, trends during forecast period 2019-2025 along with strategic development of the key player with their market share.
Further, the market has been bifurcated into sub-segments with regional and country market with in-depth analysis.The report also covers detailed competitive landscape including company profiles of key players operating in the global market.
The key players in the medical transcription software market include Acusis, eCareNotes Transcription Workflows, Entrada, EvolveMed, LCD Solutions, Nagarsoft, Narratek, NCH Software, Nuance, SmartMD, Winscribe, ZyDoc, and ZyDoc Transcription.
An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.Get more information on "Global Medical Transcription Software Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/medical-transcription-software-market/download-sampleMarket DynamicsIncreasing expenditure on healthcare sector is the key factor driving market growth.
Raising the need of digital documentation, with the growing impact of modern technologies is again, boosting the medical transcription software market.
On the other hand, issues associated with the adoption and getting habitual with this new technology may act as a challenge for this market.This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis.
