Device Analysis of Global Medical Transcription Market 2016 -- 2020
A recent Research and Markets report reveals that the global medical transcription IT spending market is expected to grow at a CAGR of 6.48% during the period 2016 to 2020.
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Medical transcription is one of the application-based domains of healthcare management and is facing intense transformation since EHR implementation, initiatives taken by government, automation of healthcare operations etc. Utilizing EHR-integrated medical transcription service would help hospitals and clinics maintain accurate patient records. With medical transcription companies investing in the latest technology and becoming more client-oriented, EHR implementation has become simple for partnering healthcare providers. A recent Research and Markets report "Global Medical Transcription Devices Market Professional Survey Report 2016” reveals that the global medical transcription IT spending market is expected to grow at a CAGR of 6.48% during the period 2016 to 2020.The market size was calculated on the basis of the revenue generated via transactions of medical transcription software, hardware and IT services. The in-depth analysis was put forward by qualified experts and the report offers some keen insights into the complex world of global medical transcription devices industry. The report provides the fundamental view on definitions, classifications, applications and industry chain structure, developmental policies and plans, and the manufacturing processes and cost structures of the healthcare industry. The market analysis is mainly for major regions including USA, Europe, China and Japan. The report also shows the latest market trends in the medical sector that are related to critical parameters like competition, supplies, technology, production, capacity, price and profit. The global market size (value and volume) and the segment markets by regions, types, applications and companies are also mentioned in the report. The report focuses on the importance of industry chain analysis and the up-stream and down-stream related variables such as raw materials and equipment. Client surveys, marketing channels, industry trends and proposals are also analyzed. Finally the report focuses on major leading industry players worldwide and their information such as company profiles, product picture and specifications, market shares and contact information. The report ends with SWOT analysis and analyses on investment feasibility and returns. The report covers the following: Segments application
Hospital use
Clinic use
Segment regions
North America
Europe
Japan
China
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Southeast Asian
India
The major players include among others:
MModal
Acusis
Precyse Solutions
Ascend Healthcare Systems
Global medical Transcription
Nuance Communications
The medical transcription industry is growing and will become more innovative with increasing requirements. Medical transcription services have remained an integral part of the medical industry and are still being adopted by many hospitals and clinics in this EHR era. The role of the transcriptionist is now somewhat changed in settings where speech recognition software is used – in such settings the transcriptionist works as an editor, ensuring accuracy and quality of the transcripts prepared by the software.
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