Global Medical Transcription Services Market Outlook 2013 to 2019: Transparency Market Research
Summary
Albany, NY, April 24, 2014 --( Browse the full report with complete TOC at http://www.transparencymarketresearch.com/medical-transcription-services.html Medical transcription (MT) is one of the application based domains of healthcare management and is currently facing intense transformation.Growth drivers for this market in North America are factors such as rise in aging population and passing of Patient Protection and Affordable Healthcare Act, 2013.The North America medical transcription services market was worth more than USD 18 million and is expected to grow at a CAGR of over 5% in the forecast period.In addition, large internationally operating healthcare organizations prefer to opt for both the modes of service procurement, due to reasons such as ease of operations, rapid turnaround times and easy allocation of monetary resources on the basis of nature of reports.Asian countries such as India and Philippines are some of the leading hubs for offshoring of transcription services.Growth drivers for this market in North America are factors such as rise in aging population and passing of Patient Protection and Affordable Healthcare Act, 2013.