Global Medical Transcription Market 2018-2022 – CAGR to Grow at 6.36% – Rising Chronic Diseases and Aging Population – ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)-- The "Global Medical Transcription Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The Global Medical Transcription Market to grow at a CAGR of 6.36% during the period 2018-2022.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend affecting this market is the growth of MT outsourcing market Most healthcare facilities choose to outsource MT due to difficulties in maintaining medical data of patients, IT infrastructure, increased investment into technologies, adhering to privacy and security of data acts, and complying with other changing regulations.

According to the report, one driver influencing this market is the rising chronic diseases and aging population. Chronic diseases such as cardiovascular diseases and cancer are increasing. The leading causes of chronic illness include an increase in blood pressure, the rise in blood glucose levels, and obesity, which are caused by smoking, changing diets, and lack of physical activities.

Further, the report states that one challenge affecting this market is the requirement of intense training. Medical data of patients includes many medical terminologies end even small errors that occur while transcribing data can lead to incorrect diagnosis, misleading analysis of test results, and medication errors. Hence medical transcription requires skilled personnel who are provided detailed training on medical terms, their severity, and relevant information.

Key Vendors

• Acusis
• Global Medical Transcription
• iMedX
• nThrive
• Nuance Communications
• One Equity Partners (MModal)

Key Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Customer Landscape

8. Market Segmentation by End-User

9. Regional Landscape

10. Decision Framework

11. Drivers and Challenges

12. Market Trends

13. Vendor Landscape

14. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/qkkjjp/global_medical?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20180627006138/en/

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Related Topics: Healthcare Services

Source: Research and Markets