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Global Medical Transcription Services Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2025-2031
Published Date: May 2025
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Report Code: QYRE-Auto-32Q5662
Home | Market Reports | Health
Global Medical Transcription Services Market Size Status and Forecast 2021 2027
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Global Medical Transcription Services Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2025-2031

Code: QYRE-Auto-32Q5662
Report
May 2025
Pages:161
QYResearch
Buy Now with 15% Discount
DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES
FEATURED COMPANIES
Mmodal
Nuance Communications
Transcend Services
Acusis
iMedX Information Services
MTBC
nThrive
Medi-Script Plus
Outsource2india
TransPerfect
VIVA Transcription
Medscribe
Pacific Solutions
Same Day transcriptions
DoctorDocs
World Wide Dictation
Athreon
BVS Transtech
Excel Transcriptions
GMT
LC Transcription Services

Medical Transcription Services Market Size

In 2024, the global market size of Medical Transcription Services was estimated to be worth US$ 6797 million and is forecast to reach approximately US$ 9210 million by 2031 with a CAGR of 4.5% during the forecast period 2025-2031.

Medical Transcription Services Market

Medical Transcription Services Market

Medical transcription, also known as MT, is an allied health profession dealing with the process of transcribing voice-recorded medical reports that are dictated by physicians, nurses and other healthcare practitioners. Medical reports can be voice files, notes taken during a lecture, or other spoken material. These are dictated over the phone or uploaded digitally via the Internet or through smart phone apps.
Medical transcription (MT) is an allied health profession, which deals in the process of transcription, or converting voice-recorded reports as dictated by physicians or other healthcare professionals, into text format. Medical transcription services provide the groundwork for the adoption of electronic medical records (EMR) system. Medical transcription services allow hospitals and providers to outsource a critical business process, reduce costs, and improve the quality of medical documentation, without additional capital investment. The global medical transcription services market is primarily driven by adoption of medical documentation and recording systems, government’s initiatives in health information infrastructure, implementation of EHRs, technological innovations through the use of electronic technology to reduce turnaround time, increasing focus on lowering costs and increasing productivity and improving the quality of patient care while ensuring patient’s safety.
Any healthcare institute in order to acquire medical transcription service can either outsource the job to a domestic medical transcription service organization, offshore or opt for both methods. Outsourcing is the most preferred mode of service procurement in medical transcription with the market share of 71%.
Medical Transcription Services can be applied in Hospitals, Clinical Laboratories, Academic Medical Centers and Other. The most of Medical Transcription Services is used in Hospital, and the market share of that is about 55%.
North America is the largest consumption place, with a consumption market share nearly 78%.
Mmodal and Nuance Communications are the top 2 players of Medical Transcription Services, with about 16% market shares.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Medical Transcription Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Medical Transcription Services.
The Medical Transcription Services market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Medical Transcription Services market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Medical Transcription Services companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, product type, application, and regions.
Market Segmentation

Scope of Medical Transcription Services Market Report

Report Metric Details
Report Name Medical Transcription Services Market
CAGR 4.5%
Segment by Type
  • Outsourcing
  • Offshoring
Segment by Application
  • Hospitals
  • Clinical Laboratories
  • Academic Medical Centers
  • Others
By Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia) Rest of Europe
  • Nordic Countries
  • Asia-Pacific (China, Japan, South Korea)
  • Southeast Asia (India, Australia)
  • Rest of Asia
  • Latin America (Mexico, Brazil)
  • Rest of Latin America
  • Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company Mmodal, Nuance Communications, Transcend Services, Acusis, iMedX Information Services, MTBC, nThrive, Medi-Script Plus, Outsource2india, TransPerfect, VIVA Transcription, Medscribe, Pacific Solutions, Same Day transcriptions, DoctorDocs, World Wide Dictation, Athreon, BVS Transtech, Excel Transcriptions, GMT, LC Transcription Services
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on.
  • Chapter 2: Revenue of Medical Transcription Services in global and regional level.
  • Chapter 3: Detailed analysis of Medical Transcription Services company competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Medical Transcription Services revenue, gross margin, and recent development, etc.
  • Chapter 5: Provides the analysis of various market segments by Type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 6: Provides the analysis of various market segments by Application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 7: North America (US & Canada) by Type, by Application and by country, revenue for each segment.
  • Chapter 8: Europe by Type, by Application and by country, revenue for each segment.
  • Chapter 9: Asia Pacific by Type, by Application and by region, revenue for each segment.
  • Chapter 10: Latin America by Type, by Application and by country, revenue for each segment.
  • Chapter 11: Middle East and Africa, by Type, by Application and by country, revenue for each segment.
  • Chapter 12: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.
  • Chapter 13: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
  • Chapter 14: Research Findings and Conclusion

FAQ for this report

What is the Medical Transcription Services Market share by type?

Ans: Outsourcing is the most preferred mode of service procurement in medical transcription with the market share of 71%.

What is the Medical Transcription Services Market share by region?

Ans: North America is the largest consumption place, with a consumption market share nearly 78%.

What is the market share of major companies in Medical Transcription Services Market?

Ans: Mmodal and Nuance Communications are the top 2 players of Medical Transcription Services, with about 16% market shares.

Who are the main players in the Medical Transcription Services Market report?

Ans: The main players in the Medical Transcription Services Market are Mmodal, Nuance Communications, Transcend Services, Acusis, iMedX Information Services, MTBC, nThrive, Medi-Script Plus, Outsource2india, TransPerfect, VIVA Transcription, Medscribe, Pacific Solutions, Same Day transcriptions, DoctorDocs, World Wide Dictation, Athreon, BVS Transtech, Excel Transcriptions, GMT, LC Transcription Services

What are the Application segmentation covered in the Medical Transcription Services Market report?

Ans: The Applications covered in the Medical Transcription Services Market report are Hospitals, Clinical Laboratories, Academic Medical Centers, Others

What are the Type segmentation covered in the Medical Transcription Services Market report?

Ans: The Types covered in the Medical Transcription Services Market report are Outsourcing, Offshoring

Recommended Reports

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1 Study Coverage
1.1 Medical Transcription Services Product Introduction
1.2 Market by Type
1.2.1 Global Medical Transcription Services Market Size Growth Rate by Type (2020 VS 2024 VS 2031)
1.2.2 Outsourcing
1.2.3 Offshoring
1.3 Market by Application
1.3.1 Global Medical Transcription Services Market Size Growth Rate by Application (2020 VS 2024 VS 2031)
1.3.2 Hospitals
1.3.3 Clinical Laboratories
1.3.4 Academic Medical Centers
1.3.5 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Executive Summary
2.1 Global Medical Transcription Services Market Size Estimates and Forecasts
2.2 Medical Transcription Services Market Size by Region: 2024 Versus 2031
2.2.1 Global Medical Transcription Services Revenue by Region: 2020-2025
2.2.2 Global Medical Transcription Services Revenue Forecast by Region (2026-2031)
2.2.3 Global Medical Transcription Services Revenue Market Share by Region (2020-2031)
3 Market Segments
3.1 Breakdown Data by Type
3.1.1 Global Medical Transcription Services Revenue by Type (2020-2031)
3.1.2 Global Medical Transcription Services Revenue Market Share by Type (2020-2031)
3.2 Breakdown Data by Application
3.2.1 Global Medical Transcription Services Revenue by Application (2020-2031)
3.2.2 Global Medical Transcription Services Revenue Market Share by Application (2020-2031)
3.3 by Type and by Application Crossing Analysis
3.3.1 Outsourcing of Medical Transcription Services Revenue Market Share by Application
3.3.2 Offshoring of Medical Transcription Services Revenue Market Share by Application
4 Global Medical Transcription Services by Company
4.1 Global Medical Transcription Services Revenue by Company (2020-2025)
4.2 Global Medical Transcription Services Revenue Share by Company (2020-2025)
4.3 Competitive Landscape
4.3.1 Key Medical Transcription Services Companies around the World: Ranking by Revenue
4.3.2 Global Medical Transcription Services Market Concentration Ratio (CR5 and HHI) & (2020-2025)
4.3.3 Global Medical Transcription Services Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.4 Global Medical Transcription Services Companies Headquarters & Product Type
4.4.1 Global Medical Transcription Services Companies Headquarters
4.4.2 Date of International Companies Enter into Medical Transcription Services Market
4.4.3 Global Medical Transcription Services Companies Product & Service
4.4.4 Outsourcing Revenue Market Share of Medical Transcription Services by Company
4.4.5 Offshoring Revenue Market Share of Medical Transcription Services by Company
4.5 Global Medical Transcription Services Mergers & Acquisitions, Expansion Plans
5 Company Profiles
5.1 Mmodal
5.1.1 Mmodal Corporation Information
5.1.2 Mmodal Description, Business Overview
5.1.3 Mmodal Medical Transcription Services Products Offered
5.1.4 Mmodal Medical Transcription Services Revenue and Gross Margin (2020-2025)
5.1.5 Mmodal Medical Transcription Services Revenue by Product in 2024
5.1.6 Mmodal Medical Transcription Services Revenue by Application in 2024
5.1.7 Mmodal Medical Transcription Services Revenue by Geographic Area in 2024
5.1.8 Mmodal Recent Developments
5.2 Nuance Communications
5.2.1 Nuance Communications Corporation Information
5.2.2 Nuance Communications Description, Business Overview
5.2.3 Nuance Communications Medical Transcription Services Products Offered
5.2.4 Nuance Communications Medical Transcription Services Revenue and Gross Margin (2020-2025)
5.2.5 Nuance Communications Medical Transcription Services Revenue by Product in 2024
5.2.6 Nuance Communications Medical Transcription Services Revenue by Application in 2024
5.2.7 Nuance Communications Medical Transcription Services Revenue by Geographic Area in 2024
5.2.8 Nuance Communications Recent Developments
5.3 Transcend Services
5.3.1 Transcend Services Corporation Information
5.3.2 Transcend Services Description, Business Overview
5.3.3 Transcend Services Medical Transcription Services Products Offered
5.3.4 Transcend Services Medical Transcription Services Revenue and Gross Margin (2020-2025)
5.3.5 Transcend Services Medical Transcription Services Revenue by Product in 2024
5.3.6 Transcend Services Medical Transcription Services Revenue by Application in 2024
5.3.7 Transcend Services Medical Transcription Services Revenue by Geographic Area in 2024
5.3.8 Transcend Services Recent Developments
5.4 Acusis
5.4.1 Acusis Corporation Information
5.4.2 Acusis Description, Business Overview
5.4.3 Acusis Medical Transcription Services Products Offered
5.4.4 Acusis Medical Transcription Services Revenue and Gross Margin (2020-2025)
5.4.5 Acusis Medical Transcription Services Revenue by Product in 2024
5.4.6 Acusis Medical Transcription Services Revenue by Application in 2024
5.4.7 Acusis Medical Transcription Services Revenue by Geographic Area in 2024
5.4.8 Acusis Recent Developments
5.5 iMedX Information Services
5.5.1 iMedX Information Services Corporation Information
5.5.2 iMedX Information Services Description, Business Overview
5.5.3 iMedX Information Services Medical Transcription Services Products Offered
5.5.4 iMedX Information Services Medical Transcription Services Revenue and Gross Margin (2020-2025)
5.5.5 iMedX Information Services Medical Transcription Services Revenue by Product in 2024
5.5.6 iMedX Information Services Medical Transcription Services Revenue by Application in 2024
5.5.7 iMedX Information Services Medical Transcription Services Revenue by Geographic Area in 2024
5.5.8 iMedX Information Services Recent Developments
5.6 MTBC
5.6.1 MTBC Corporation Information
5.6.2 MTBC Description, Business Overview
5.6.3 MTBC Medical Transcription Services Products Offered
5.6.4 MTBC Medical Transcription Services Revenue and Gross Margin (2020-2025)
5.6.5 MTBC Medical Transcription Services Revenue by Product in 2024
5.6.6 MTBC Medical Transcription Services Revenue by Application in 2024
5.6.7 MTBC Medical Transcription Services Revenue by Geographic Area in 2024
5.6.8 MTBC Recent Developments
5.7 nThrive
5.7.1 nThrive Corporation Information
5.7.2 nThrive Description, Business Overview
5.7.3 nThrive Medical Transcription Services Products Offered
5.7.4 nThrive Medical Transcription Services Revenue and Gross Margin (2020-2025)
5.7.5 nThrive Medical Transcription Services Revenue by Product in 2024
5.7.6 nThrive Medical Transcription Services Revenue by Application in 2024
5.7.7 nThrive Medical Transcription Services Revenue by Geographic Area in 2024
5.7.8 nThrive Recent Developments
5.8 Medi-Script Plus
5.8.1 Medi-Script Plus Corporation Information
5.8.2 Medi-Script Plus Description, Business Overview
5.8.3 Medi-Script Plus Medical Transcription Services Products Offered
5.8.4 Medi-Script Plus Medical Transcription Services Revenue and Gross Margin (2020-2025)
5.8.5 Medi-Script Plus Medical Transcription Services Revenue by Product in 2024
5.8.6 Medi-Script Plus Medical Transcription Services Revenue by Application in 2024
5.8.7 Medi-Script Plus Medical Transcription Services Revenue by Geographic Area in 2024
5.8.8 Medi-Script Plus Recent Developments
5.9 Outsource2india
5.9.1 Outsource2india Corporation Information
5.9.2 Outsource2india Description, Business Overview
5.9.3 Outsource2india Medical Transcription Services Products Offered
5.9.4 Outsource2india Medical Transcription Services Revenue and Gross Margin (2020-2025)
5.9.5 Outsource2india Medical Transcription Services Revenue by Product in 2024
5.9.6 Outsource2india Medical Transcription Services Revenue by Application in 2024
5.9.7 Outsource2india Medical Transcription Services Revenue by Geographic Area in 2024
5.9.8 Outsource2india Recent Developments
5.10 TransPerfect
5.10.1 TransPerfect Corporation Information
5.10.2 TransPerfect Description, Business Overview
5.10.3 TransPerfect Medical Transcription Services Products Offered
5.10.4 TransPerfect Medical Transcription Services Revenue and Gross Margin (2020-2025)
5.10.5 TransPerfect Medical Transcription Services Revenue by Product in 2024
5.10.6 TransPerfect Medical Transcription Services Revenue by Application in 2024
5.10.7 TransPerfect Medical Transcription Services Revenue by Geographic Area in 2024
5.10.8 TransPerfect Recent Developments
5.11 VIVA Transcription
5.11.1 VIVA Transcription Corporation Information
5.11.2 VIVA Transcription Description, Business Overview
5.11.3 VIVA Transcription Medical Transcription Services Products Offered
5.11.4 VIVA Transcription Medical Transcription Services Revenue and Gross Margin (2020-2025)
5.11.5 VIVA Transcription Medical Transcription Services Revenue by Product in 2024
5.11.6 VIVA Transcription Medical Transcription Services Revenue by Application in 2024
5.11.7 VIVA Transcription Medical Transcription Services Revenue by Geographic Area in 2024
5.11.8 VIVA Transcription Recent Developments
5.12 Medscribe
5.12.1 Medscribe Corporation Information
5.12.2 Medscribe Description, Business Overview
5.12.3 Medscribe Medical Transcription Services Products Offered
5.12.4 Medscribe Medical Transcription Services Revenue and Gross Margin (2020-2025)
5.12.5 Medscribe Medical Transcription Services Revenue by Product in 2024
5.12.6 Medscribe Medical Transcription Services Revenue by Application in 2024
5.12.7 Medscribe Medical Transcription Services Revenue by Geographic Area in 2024
5.12.8 Medscribe Recent Developments
5.13 Pacific Solutions
5.13.1 Pacific Solutions Corporation Information
5.13.2 Pacific Solutions Description, Business Overview
5.13.3 Pacific Solutions Medical Transcription Services Products Offered
5.13.4 Pacific Solutions Medical Transcription Services Revenue and Gross Margin (2020-2025)
5.13.5 Pacific Solutions Medical Transcription Services Revenue by Product in 2024
5.13.6 Pacific Solutions Medical Transcription Services Revenue by Application in 2024
5.13.7 Pacific Solutions Medical Transcription Services Revenue by Geographic Area in 2024
5.13.8 Pacific Solutions Recent Developments
5.14 Same Day transcriptions
5.14.1 Same Day transcriptions Corporation Information
5.14.2 Same Day transcriptions Description, Business Overview
5.14.3 Same Day transcriptions Medical Transcription Services Products Offered
5.14.4 Same Day transcriptions Medical Transcription Services Revenue and Gross Margin (2020-2025)
5.14.5 Same Day transcriptions Medical Transcription Services Revenue by Product in 2024
5.14.6 Same Day transcriptions Medical Transcription Services Revenue by Application in 2024
5.14.7 Same Day transcriptions Medical Transcription Services Revenue by Geographic Area in 2024
5.14.8 Same Day transcriptions Recent Developments
5.15 DoctorDocs
5.15.1 DoctorDocs Corporation Information
5.15.2 DoctorDocs Description, Business Overview
5.15.3 DoctorDocs Medical Transcription Services Products Offered
5.15.4 DoctorDocs Medical Transcription Services Revenue and Gross Margin (2020-2025)
5.15.5 DoctorDocs Medical Transcription Services Revenue by Product in 2024
5.15.6 DoctorDocs Medical Transcription Services Revenue by Application in 2024
5.15.7 DoctorDocs Medical Transcription Services Revenue by Geographic Area in 2024
5.15.8 DoctorDocs Recent Developments
5.16 World Wide Dictation
5.16.1 World Wide Dictation Corporation Information
5.16.2 World Wide Dictation Description, Business Overview
5.16.3 World Wide Dictation Medical Transcription Services Products Offered
5.16.4 World Wide Dictation Medical Transcription Services Revenue and Gross Margin (2020-2025)
5.16.5 World Wide Dictation Medical Transcription Services Revenue by Product in 2024
5.16.6 World Wide Dictation Medical Transcription Services Revenue by Application in 2024
5.16.7 World Wide Dictation Medical Transcription Services Revenue by Geographic Area in 2024
5.16.8 World Wide Dictation Recent Developments
5.17 Athreon
5.17.1 Athreon Corporation Information
5.17.2 Athreon Description, Business Overview
5.17.3 Athreon Medical Transcription Services Products Offered
5.17.4 Athreon Medical Transcription Services Revenue and Gross Margin (2020-2025)
5.17.5 Athreon Medical Transcription Services Revenue by Product in 2024
5.17.6 Athreon Medical Transcription Services Revenue by Application in 2024
5.17.7 Athreon Medical Transcription Services Revenue by Geographic Area in 2024
5.17.8 Athreon Recent Developments
5.18 BVS Transtech
5.18.1 BVS Transtech Corporation Information
5.18.2 BVS Transtech Description, Business Overview
5.18.3 BVS Transtech Medical Transcription Services Products Offered
5.18.4 BVS Transtech Medical Transcription Services Revenue and Gross Margin (2020-2025)
5.18.5 BVS Transtech Medical Transcription Services Revenue by Product in 2024
5.18.6 BVS Transtech Medical Transcription Services Revenue by Application in 2024
5.18.7 BVS Transtech Medical Transcription Services Revenue by Geographic Area in 2024
5.18.8 BVS Transtech Recent Developments
5.19 Excel Transcriptions
5.19.1 Excel Transcriptions Corporation Information
5.19.2 Excel Transcriptions Description, Business Overview
5.19.3 Excel Transcriptions Medical Transcription Services Products Offered
5.19.4 Excel Transcriptions Medical Transcription Services Revenue and Gross Margin (2020-2025)
5.19.5 Excel Transcriptions Medical Transcription Services Revenue by Product in 2024
5.19.6 Excel Transcriptions Medical Transcription Services Revenue by Application in 2024
5.19.7 Excel Transcriptions Medical Transcription Services Revenue by Geographic Area in 2024
5.19.8 Excel Transcriptions Recent Developments
5.20 GMT
5.20.1 GMT Corporation Information
5.20.2 GMT Description, Business Overview
5.20.3 GMT Medical Transcription Services Products Offered
5.20.4 GMT Medical Transcription Services Revenue and Gross Margin (2020-2025)
5.20.5 GMT Medical Transcription Services Revenue by Product in 2024
5.20.6 GMT Medical Transcription Services Revenue by Application in 2024
5.20.7 GMT Medical Transcription Services Revenue by Geographic Area in 2024
5.20.8 GMT Recent Developments
5.21 LC Transcription Services
5.21.1 LC Transcription Services Corporation Information
5.21.2 LC Transcription Services Description, Business Overview
5.21.3 LC Transcription Services Medical Transcription Services Products Offered
5.21.4 LC Transcription Services Medical Transcription Services Revenue and Gross Margin (2020-2025)
5.21.5 LC Transcription Services Medical Transcription Services Revenue by Product in 2024
5.21.6 LC Transcription Services Medical Transcription Services Revenue by Application in 2024
5.21.7 LC Transcription Services Medical Transcription Services Revenue by Geographic Area in 2024
5.21.8 LC Transcription Services Recent Developments
6 North America
6.1 North America Medical Transcription Services Market Size YoY Growth 2020-2031
6.2 North America Medical Transcription Services Market Facts & Figures by Country (2020-2031)
6.3 North America Medical Transcription Services Revenue by Type (2020-2025)
6.4 North America Medical Transcription Services Revenue by Application (2020-2025)
7 Asia-Pacific
7.1 Asia-Pacific Medical Transcription Services Market Size YoY Growth 2020-2031
7.2 Asia-Pacific Medical Transcription Services Market Facts & Figures by Region (2020-2031)
7.3 Asia-Pacific Medical Transcription Services Revenue by Type (2020-2025)
7.4 Asia-Pacific Medical Transcription Services Revenue by Application (2020-2025)
8 Europe
8.1 Europe Medical Transcription Services Market Size YoY Growth 2020-2031
8.2 Europe Medical Transcription Services Market Facts & Figures by Country (2020-2031)
8.3 Europe Medical Transcription Services Revenue by Type (2020-2025)
8.4 Europe Medical Transcription Services Revenue by Application (2020-2025)
9 Latin America
9.1 Latin America Medical Transcription Services Market Size YoY Growth 2020-2031
9.2 Latin America Medical Transcription Services Market Facts & Figures by Country (2020-2031)
9.3 Latin America Medical Transcription Services Revenue by Type (2020-2025)
9.4 Latin America Medical Transcription Services Revenue by Application (2020-2025)
10 Middle East and Africa
10.1 Latin America Medical Transcription Services Market Size YoY Growth 2020-2031
10.2 Middle East and Africa Medical Transcription Services Market Facts & Figures by Country (2020-2031)
10.3 Middle East and Africa Medical Transcription Services Revenue by Type (2020-2025)
10.4 Middle East and Africa Medical Transcription Services Revenue by Application (2020-2025)
11 Supply Chain and Sales Channel analysis
11.1 Medical Transcription Services Supply Chain Analysis
11.2 Medical Transcription Services Key Raw Materials and Upstream Suppliers
11.3 Medical Transcription Services Clients Analysis
11.4 Medical Transcription Services Sales Channel and Sales Model Analysis
11.4.1 Medical Transcription Services Distribution Channel Analysis: Indirect Sales VS Direct Sales
11.4.2 Medical Transcription Services Distribution Channel Analysis: Online Sales VS Offline Sales
11.4.3 Medical Transcription Services Distributors
12 Medical Transcription Services Market Dynamics
12.1 Medical Transcription Services Industry Trends
12.2 Medical Transcription Services Market Drivers
12.3 Medical Transcription Services Market Challenges
12.4 Medical Transcription Services Market Restraints
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.1.1 Research Programs/Design
14.1.1.2 Market Size Estimation
14.1.1.3 Market Breakdown and Data Triangulation
14.1.2 Data Source
14.1.2.1 Secondary Sources
14.1.2.2 Primary Sources
14.2 Author Details
14.3 Disclaimer
FEATURED COMPANIES
Mmodal
Nuance Communications
Transcend Services
Acusis
iMedX Information Services
MTBC
nThrive
Medi-Script Plus
Outsource2india
TransPerfect
VIVA Transcription
Medscribe
Pacific Solutions
Same Day transcriptions
DoctorDocs
World Wide Dictation
Athreon
BVS Transtech
Excel Transcriptions
GMT
LC Transcription Services
List of Tables
 Table 1. Global Medical Transcription Services Market Size Growth Rate (CAGR) by Type (US$ Million): 2020 VS 2024 VS 2031
 Table 2. Global Medical Transcription Services Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031
 Table 3. Global Medical Transcription Services Market Size by Region (US$ Million): 2024 VS 2031
 Table 4. Global Medical Transcription Services Revenue by Region (2020-2025) & (US$ Million)
 Table 5. Global Medical Transcription Services Revenue Forecast by Region (2026-2031) & (US$ Million)
 Table 6. Global Medical Transcription Services Revenue by Type (2020-2025) & (US$ Million)
 Table 7. Global Medical Transcription Services Revenue Forecast by Type (2026-2031) & (US$ Million)
 Table 8. Global Medical Transcription Services Revenue by Application (2020-2025) & (US$ Million)
 Table 9. Global Medical Transcription Services Revenue Forecast by Application (2026-2031) & (US$ Million)
 Table 10. Medical Transcription Services Revenue by Company (2020-2025) & (US$ Million)
 Table 11. Medical Transcription Services Revenue Share by Company (2020-2025)
 Table 12. Ranking of Global Top Medical Transcription Services Players by Revenue (US$ Million) in 2024
 Table 13. Global Medical Transcription Services Companies Market Concentration Ratio (CR5 and HHI) & (2020-2025)
 Table 14. Global Medical Transcription Services by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Medical Transcription Services as of 2024)
 Table 15. Global Medical Transcription Services Companies Headquarters
 Table 16. Date of International Companies Enter into Medical Transcription Services Market
 Table 17. Global Medical Transcription Services Companies Product & Service
 Table 18. Global Medical Transcription Services Mergers & Acquisitions, Expansion Plans
 Table 19. Mmodal Corporation Information
 Table 20. Mmodal Description and Business Overview
 Table 21. Mmodal Medical Transcription Services Product
 Table 22. Mmodal Medical Transcription Services Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 23. Mmodal Revenue Proportion of Medical Transcription Services by Product in 2024
 Table 24. Mmodal Revenue Proportion of Medical Transcription Services by Application in 2024
 Table 25. Mmodal Revenue Proportion of Medical Transcription Services by Geographic Area in 2024
 Table 26. Mmodal Recent Developments
 Table 27. Nuance Communications Corporation Information
 Table 28. Nuance Communications Description and Business Overview
 Table 29. Nuance Communications Medical Transcription Services Product
 Table 30. Nuance Communications Medical Transcription Services Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 31. Nuance Communications Revenue Proportion of Medical Transcription Services by Product in 2024
 Table 32. Nuance Communications Revenue Proportion of Medical Transcription Services by Application in 2024
 Table 33. Nuance Communications Revenue Proportion of Medical Transcription Services by Geographic Area in 2024
 Table 34. Nuance Communications Recent Developments
 Table 35. Transcend Services Corporation Information
 Table 36. Transcend Services Description and Business Overview
 Table 37. Transcend Services Medical Transcription Services Product
 Table 38. Transcend Services Medical Transcription Services Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 39. Transcend Services Revenue Proportion of Medical Transcription Services by Product in 2024
 Table 40. Transcend Services Revenue Proportion of Medical Transcription Services by Application in 2024
 Table 41. Transcend Services Revenue Proportion of Medical Transcription Services by Geographic Area in 2024
 Table 42. Transcend Services Recent Developments
 Table 43. Acusis Corporation Information
 Table 44. Acusis Description and Business Overview
 Table 45. Acusis Medical Transcription Services Product
 Table 46. Acusis Medical Transcription Services Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 47. Acusis Revenue Proportion of Medical Transcription Services by Product in 2024
 Table 48. Acusis Revenue Proportion of Medical Transcription Services by Application in 2024
 Table 49. Acusis Revenue Proportion of Medical Transcription Services by Geographic Area in 2024
 Table 50. Acusis Recent Developments
 Table 51. iMedX Information Services Corporation Information
 Table 52. iMedX Information Services Description and Business Overview
 Table 53. iMedX Information Services Medical Transcription Services Product
 Table 54. iMedX Information Services Medical Transcription Services Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 55. iMedX Information Services Revenue Proportion of Medical Transcription Services by Product in 2024
 Table 56. iMedX Information Services Revenue Proportion of Medical Transcription Services by Application in 2024
 Table 57. iMedX Information Services Revenue Proportion of Medical Transcription Services by Geographic Area in 2024
 Table 58. iMedX Information Services Recent Developments
 Table 59. MTBC Corporation Information
 Table 60. MTBC Description and Business Overview
 Table 61. MTBC Medical Transcription Services Product
 Table 62. MTBC Medical Transcription Services Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 63. MTBC Revenue Proportion of Medical Transcription Services by Product in 2024
 Table 64. MTBC Revenue Proportion of Medical Transcription Services by Application in 2024
 Table 65. MTBC Revenue Proportion of Medical Transcription Services by Geographic Area in 2024
 Table 66. MTBC Recent Developments
 Table 67. nThrive Corporation Information
 Table 68. nThrive Description and Business Overview
 Table 69. nThrive Medical Transcription Services Product
 Table 70. nThrive Medical Transcription Services Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 71. nThrive Revenue Proportion of Medical Transcription Services by Product in 2024
 Table 72. nThrive Revenue Proportion of Medical Transcription Services by Application in 2024
 Table 73. nThrive Revenue Proportion of Medical Transcription Services by Geographic Area in 2024
 Table 74. nThrive Recent Developments
 Table 75. Medi-Script Plus Corporation Information
 Table 76. Medi-Script Plus Description and Business Overview
 Table 77. Medi-Script Plus Medical Transcription Services Product
 Table 78. Medi-Script Plus Medical Transcription Services Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 79. Medi-Script Plus Revenue Proportion of Medical Transcription Services by Product in 2024
 Table 80. Medi-Script Plus Revenue Proportion of Medical Transcription Services by Application in 2024
 Table 81. Medi-Script Plus Revenue Proportion of Medical Transcription Services by Geographic Area in 2024
 Table 82. Medi-Script Plus Recent Developments
 Table 83. Outsource2india Corporation Information
 Table 84. Outsource2india Description and Business Overview
 Table 85. Outsource2india Medical Transcription Services Product
 Table 86. Outsource2india Medical Transcription Services Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 87. Outsource2india Revenue Proportion of Medical Transcription Services by Product in 2024
 Table 88. Outsource2india Revenue Proportion of Medical Transcription Services by Application in 2024
 Table 89. Outsource2india Revenue Proportion of Medical Transcription Services by Geographic Area in 2024
 Table 90. Outsource2india Recent Developments
 Table 91. TransPerfect Corporation Information
 Table 92. TransPerfect Description and Business Overview
 Table 93. TransPerfect Medical Transcription Services Product
 Table 94. TransPerfect Medical Transcription Services Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 95. TransPerfect Revenue Proportion of Medical Transcription Services by Product in 2024
 Table 96. TransPerfect Revenue Proportion of Medical Transcription Services by Application in 2024
 Table 97. TransPerfect Revenue Proportion of Medical Transcription Services by Geographic Area in 2024
 Table 98. TransPerfect Recent Developments
 Table 99. VIVA Transcription Corporation Information
 Table 100. VIVA Transcription Description and Business Overview
 Table 101. VIVA Transcription Medical Transcription Services Product
 Table 102. VIVA Transcription Medical Transcription Services Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 103. VIVA Transcription Revenue Proportion of Medical Transcription Services by Product in 2024
 Table 104. VIVA Transcription Revenue Proportion of Medical Transcription Services by Application in 2024
 Table 105. VIVA Transcription Revenue Proportion of Medical Transcription Services by Geographic Area in 2024
 Table 106. VIVA Transcription Recent Developments
 Table 107. Medscribe Corporation Information
 Table 108. Medscribe Description and Business Overview
 Table 109. Medscribe Medical Transcription Services Product
 Table 110. Medscribe Medical Transcription Services Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 111. Medscribe Revenue Proportion of Medical Transcription Services by Product in 2024
 Table 112. Medscribe Revenue Proportion of Medical Transcription Services by Application in 2024
 Table 113. Medscribe Revenue Proportion of Medical Transcription Services by Geographic Area in 2024
 Table 114. Medscribe Recent Developments
 Table 115. Pacific Solutions Corporation Information
 Table 116. Pacific Solutions Description and Business Overview
 Table 117. Pacific Solutions Medical Transcription Services Product
 Table 118. Pacific Solutions Medical Transcription Services Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 119. Pacific Solutions Revenue Proportion of Medical Transcription Services by Product in 2024
 Table 120. Pacific Solutions Revenue Proportion of Medical Transcription Services by Application in 2024
 Table 121. Pacific Solutions Revenue Proportion of Medical Transcription Services by Geographic Area in 2024
 Table 122. Pacific Solutions Recent Developments
 Table 123. Same Day transcriptions Corporation Information
 Table 124. Same Day transcriptions Description and Business Overview
 Table 125. Same Day transcriptions Medical Transcription Services Product
 Table 126. Same Day transcriptions Medical Transcription Services Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 127. Same Day transcriptions Revenue Proportion of Medical Transcription Services by Product in 2024
 Table 128. Same Day transcriptions Revenue Proportion of Medical Transcription Services by Application in 2024
 Table 129. Same Day transcriptions Revenue Proportion of Medical Transcription Services by Geographic Area in 2024
 Table 130. Same Day transcriptions Recent Developments
 Table 131. DoctorDocs Corporation Information
 Table 132. DoctorDocs Description and Business Overview
 Table 133. DoctorDocs Medical Transcription Services Product
 Table 134. DoctorDocs Medical Transcription Services Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 135. DoctorDocs Revenue Proportion of Medical Transcription Services by Product in 2024
 Table 136. DoctorDocs Revenue Proportion of Medical Transcription Services by Application in 2024
 Table 137. DoctorDocs Revenue Proportion of Medical Transcription Services by Geographic Area in 2024
 Table 138. DoctorDocs Recent Developments
 Table 139. World Wide Dictation Corporation Information
 Table 140. World Wide Dictation Description and Business Overview
 Table 141. World Wide Dictation Medical Transcription Services Product
 Table 142. World Wide Dictation Medical Transcription Services Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 143. World Wide Dictation Revenue Proportion of Medical Transcription Services by Product in 2024
 Table 144. World Wide Dictation Revenue Proportion of Medical Transcription Services by Application in 2024
 Table 145. World Wide Dictation Revenue Proportion of Medical Transcription Services by Geographic Area in 2024
 Table 146. World Wide Dictation Recent Developments
 Table 147. Athreon Corporation Information
 Table 148. Athreon Description and Business Overview
 Table 149. Athreon Medical Transcription Services Product
 Table 150. Athreon Medical Transcription Services Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 151. Athreon Revenue Proportion of Medical Transcription Services by Product in 2024
 Table 152. Athreon Revenue Proportion of Medical Transcription Services by Application in 2024
 Table 153. Athreon Revenue Proportion of Medical Transcription Services by Geographic Area in 2024
 Table 154. Athreon Recent Developments
 Table 155. BVS Transtech Corporation Information
 Table 156. BVS Transtech Description and Business Overview
 Table 157. BVS Transtech Medical Transcription Services Product
 Table 158. BVS Transtech Medical Transcription Services Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 159. BVS Transtech Revenue Proportion of Medical Transcription Services by Product in 2024
 Table 160. BVS Transtech Revenue Proportion of Medical Transcription Services by Application in 2024
 Table 161. BVS Transtech Revenue Proportion of Medical Transcription Services by Geographic Area in 2024
 Table 162. BVS Transtech Recent Developments
 Table 163. Excel Transcriptions Corporation Information
 Table 164. Excel Transcriptions Description and Business Overview
 Table 165. Excel Transcriptions Medical Transcription Services Product
 Table 166. Excel Transcriptions Medical Transcription Services Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 167. Excel Transcriptions Revenue Proportion of Medical Transcription Services by Product in 2024
 Table 168. Excel Transcriptions Revenue Proportion of Medical Transcription Services by Application in 2024
 Table 169. Excel Transcriptions Revenue Proportion of Medical Transcription Services by Geographic Area in 2024
 Table 170. Excel Transcriptions Recent Developments
 Table 171. GMT Corporation Information
 Table 172. GMT Description and Business Overview
 Table 173. GMT Medical Transcription Services Product
 Table 174. GMT Medical Transcription Services Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 175. GMT Revenue Proportion of Medical Transcription Services by Product in 2024
 Table 176. GMT Revenue Proportion of Medical Transcription Services by Application in 2024
 Table 177. GMT Revenue Proportion of Medical Transcription Services by Geographic Area in 2024
 Table 178. GMT Recent Developments
 Table 179. LC Transcription Services Corporation Information
 Table 180. LC Transcription Services Description and Business Overview
 Table 181. LC Transcription Services Medical Transcription Services Product
 Table 182. LC Transcription Services Medical Transcription Services Revenue (US$ Million) and Gross Margin (2020-2025)
 Table 183. LC Transcription Services Revenue Proportion of Medical Transcription Services by Product in 2024
 Table 184. LC Transcription Services Revenue Proportion of Medical Transcription Services by Application in 2024
 Table 185. LC Transcription Services Revenue Proportion of Medical Transcription Services by Geographic Area in 2024
 Table 186. LC Transcription Services Recent Developments
 Table 187. North America Medical Transcription Services Revenue by Country (2020-2025) & (US$ Million)
 Table 188. North America Medical Transcription Services Revenue by Country (2026-2031) & (US$ Million)
 Table 189. North America Medical Transcription Services Revenue by Type (2020-2025) & (US$ Million)
 Table 190. North America Medical Transcription Services Revenue by Application (2020-2025) & (US$ Million)
 Table 191. Asia-Pacific Medical Transcription Services Revenue by Region (2020-2025) & (US$ Million)
 Table 192. Asia-Pacific Medical Transcription Services Revenue by Region (2026-2031) & (US$ Million)
 Table 193. Asia-Pacific Medical Transcription Services Revenue by Type (2020-2025) & (US$ Million)
 Table 194. Asia-Pacific Medical Transcription Services Revenue by Application (2020-2025) & (US$ Million)
 Table 195. Europe Medical Transcription Services Revenue by Country (2020-2025) & (US$ Million)
 Table 196. Europe Medical Transcription Services Revenue by Country (2026-2031) & (US$ Million)
 Table 197. Europe Medical Transcription Services Revenue by Type (2020-2025) & (US$ Million)
 Table 198. Europe Medical Transcription Services Revenue by Application (2020-2025) & (US$ Million)
 Table 199. Latin America Medical Transcription Services Revenue by Country (2020-2025) & (US$ Million)
 Table 200. Latin America Medical Transcription Services Revenue by Country (2026-2031) & (US$ Million)
 Table 201. Latin America Medical Transcription Services Revenue by Type (2020-2025) & (US$ Million)
 Table 202. Latin America Medical Transcription Services Revenue by Application (2020-2025) & (US$ Million)
 Table 203. Middle East and Africa Medical Transcription Services Revenue by Country (2020-2025) & (US$ Million)
 Table 204. Middle East and Africa Medical Transcription Services Revenue by Country (2026-2031) & (US$ Million)
 Table 205. Middle East and Africa Medical Transcription Services Revenue by Type (2020-2025) & (US$ Million)
 Table 206. Middle East and Africa Medical Transcription Services Revenue by Application (2020-2025) & (US$ Million)
 Table 207. Medical Transcription Services Key Raw Materials, Industry Status and Trend
 Table 208. Medical Transcription Services Key Raw Materials and Upstream Suppliers
 Table 209. Medical Transcription Services Clients Status and Trend
 Table 210. Medical Transcription Services Typical Clients
 Table 211. Medical Transcription Services Distributors
 Table 212. Medical Transcription Services Market Trends
 Table 213. Medical Transcription Services Market Drivers
 Table 214. Medical Transcription Services Market Challenges
 Table 215. Medical Transcription Services Market Restraints
 Table 216. Research Programs/Design for This Report
 Table 217. Key Data Information from Secondary Sources
 Table 218. Key Data Information from Primary Sources


List of Figures
 Figure 1. Medical Transcription Services Product Picture
 Figure 2. Global Medical Transcription Services Market Size by Type (US$ Million): 2020 VS 2024 VS 2031
 Figure 3. Global Medical Transcription Services Revenue Market Share by Type in 2024 & 2031
 Figure 4. Outsourcing Product Picture
 Figure 5. Offshoring Product Picture
 Figure 6. Global Medical Transcription Services Market Size by Application (US$ Million): 2020 VS 2024 VS 2031
 Figure 7. Global Medical Transcription Services Revenue Market Share by Application in 2024 & 2031
 Figure 8. Hospitals
 Figure 9. Clinical Laboratories
 Figure 10. Academic Medical Centers
 Figure 11. Others
 Figure 12. Medical Transcription Services Report Years Considered
 Figure 13. Global Medical Transcription Services Revenue, (US$ Million), 2020 VS 2024 VS 2031
 Figure 14. Global Medical Transcription Services Market Size (2020-2031) & (US$ Million)
 Figure 15. Global Medical Transcription Services Market Size Market Share by Region: 2024 Versus 2031
 Figure 16. Global Medical Transcription Services Revenue Market Share by Region (2020-2031)
 Figure 17. Global Medical Transcription Services Revenue Market Share Forecast by Type (2020-2031)
 Figure 18. Global Medical Transcription Services Revenue Market Share Forecast by Application (2020-2031)
 Figure 19. Outsourcing of Medical Transcription Services Revenue Market Share by Application, 2024 VS 2031
 Figure 20. Offshoring of Medical Transcription Services Revenue Market Share by Application, 2024 VS 2031
 Figure 21. Medical Transcription Services Revenue Share by Company (2024)
 Figure 22. Medical Transcription Services Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 23. Outsourcing Revenue Proportion by Company in 2024
 Figure 24. Offshoring Revenue Proportion by Company in 2024
 Figure 25. North America Medical Transcription Services Revenue 2020-2031 (US$ Million)
 Figure 26. North America Medical Transcription Services Revenue Market Share by Type (2020-2025)
 Figure 27. North America Medical Transcription Services Revenue Market Share by Application (2020-2025)
 Figure 28. Asia-Pacific Medical Transcription Services Revenue 2020-2031 (US$ Million)
 Figure 29. Asia-Pacific Medical Transcription Services Revenue Market Share by Region (2020-2031)
 Figure 30. Asia-Pacific Medical Transcription Services Revenue Market Share by Type (2020-2025)
 Figure 31. Asia-Pacific Medical Transcription Services Revenue Market Share by Application (2020-2025)
 Figure 32. Europe Medical Transcription Services Revenue Growth Rate 2020-2031 (US$ Million)
 Figure 33. Europe Medical Transcription Services Revenue Market Share by Country (2020-2031)
 Figure 34. Europe Medical Transcription Services Revenue Market Share by Type (2020-2025)
 Figure 35. Europe Medical Transcription Services Revenue Market Share by Application (2020-2025)
 Figure 36. Latin America Medical Transcription Services Revenue Growth Rate 2020-2031 (US$ Million)
 Figure 37. Latin America Medical Transcription Services Revenue Market Share by Country (2020-2031)
 Figure 38. Latin America Medical Transcription Services Revenue Market Share by Type (2020-2025)
 Figure 39. Latin America Medical Transcription Services Revenue Market Share by Application (2020-2025)
 Figure 40. Middle East and Africa Medical Transcription Services Revenue Growth Rate 2020-2031 (US$ Million)
 Figure 41. Middle East and Africa Medical Transcription Services Revenue Market Share by Country (2020-2031)
 Figure 42. Middle East and Africa Medical Transcription Services Revenue Market Share by Type (2020-2025)
 Figure 43. Middle East and Africa Medical Transcription Services Revenue Market Share by Application (2020-2025)
 Figure 44. Medical Transcription Services Supply Chain (Upstream and Downstream Market)
 Figure 45. Global Production Market Share of Medical Transcription Services Raw Materials by Region in 2024
 Figure 46. Medical Transcription Services Distribution Channels
 Figure 47. Global Medical Transcription Services Percentage 2020-2031: Indirect Sales VS Direct Sales
 Figure 48. Global Medical Transcription Services Percentage 2020-2031: Online Sales VS Offline Sales
 Figure 49. Bottom-up and Top-down Approaches for This Report
 Figure 50. Data Triangulation
 Figure 51. Key Executives Interviewed
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