Medical Transcription Market to Reach $117.2 Billion by 2030

Research firm Global Industry Analysts valued the global market for medical transcription services at $67.4 billion in 2022 and projects it to reach $117.2 billion by 2030, growing at a compound annual rate of 7.2 percent. The same company valued the U.S. market for medical transcription at $19.7 billion in 2022.

The report identifies Acusis, Audio Dicta Transcription, iMedX, 3M/M*Modal, Medical Transcription Services, Nuance Communications, TopTrans, Total Transcription Services, TransTech Medical Solutions, and Vennar Soft as the key players in the medical transcription services market.