Outsourced transcription is a transcription service provided by a third party, which allows a business to save on the cost of having an in-house employee for this function.
The global Outsourcing Transcription Services market size is projected to grow from US$ 226570 million in 2024 to US$ 310530 million in 2030; it is expected to grow at a CAGR of 5.4% from 2024 to 2030.
LPI (publisher)' newest research report, the 鈥淥utsourcing Transcription Services Industry Forecast鈥� looks at past sales and reviews total world Outsourcing Transcription Services sales in 2022, providing a comprehensive analysis by region and market sector of projected Outsourcing Transcription Services sales for 2023 through 2029. With Outsourcing Transcription Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Outsourcing Transcription Services industry.
This Insight Report provides a comprehensive analysis of the global Outsourcing Transcription Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Outsourcing Transcription Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Outsourcing Transcription Services market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Outsourcing Transcription Services and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Outsourcing Transcription Services.
United States market for Outsourcing Transcription Services is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Outsourcing Transcription Services is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Outsourcing Transcription Services is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Outsourcing Transcription Services players cover Flatworld Solutions, Lexacom, Verbit, Ditto Transcripts, Meetbunch, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Outsourcing Transcription Services market by product type, application, key players and key regions and countries.
Segmentation by Type:
Audio Transcription Services
Video Transcription Services
Segmentation by Application:
Financial Institutions
Legal Firms
Universities
Healthcare Providers
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Segmentation by Type:
Audio Transcription Services
Video Transcription Services
Segmentation by Application:
Financial Institutions
Legal Firms
Universities
Healthcare Providers
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Flatworld Solutions
Lexacom
Verbit
Ditto Transcripts
Meetbunch
Stealth Agents
Transcription Hub
Triyock BPO
Terra Nova Transcription
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
MOS Transcription Company
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Outsourcing Transcription Services Market Size 2019-2030
2.1.2 Outsourcing Transcription Services Market Size CAGR by Region (2019 VS 2023 VS 2030)
2.1.3 World Current & Future Analysis for Outsourcing Transcription Services by Country/Region, 2019, 2023 & 2030
2.2 Outsourcing Transcription Services Segment by Type
2.2.1 Audio Transcription Services
2.2.2 Video Transcription Services
2.3 Outsourcing Transcription Services Market Size by Type
2.3.1 Outsourcing Transcription Services Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Outsourcing Transcription Services Market Size Market Share by Type (2019-2024)
2.4 Outsourcing Transcription Services Segment by Application
2.4.1 Financial Institutions
2.4.2 Legal Firms
2.4.3 Universities
2.4.4 Healthcare Providers
2.4.5 Others
2.5 Outsourcing Transcription Services Market Size by Application
2.5.1 Outsourcing Transcription Services Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Outsourcing Transcription Services Market Size Market Share by Application (2019-2024)
3 Outsourcing Transcription Services Market Size by Player
3.1 Outsourcing Transcription Services Market Size Market Share by Player
3.1.1 Global Outsourcing Transcription Services Revenue by Player (2019-2024)
3.1.2 Global Outsourcing Transcription Services Revenue Market Share by Player (2019-2024)
3.2 Global Outsourcing Transcription Services Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Outsourcing Transcription Services by Region
4.1 Outsourcing Transcription Services Market Size by Region (2019-2024)
4.2 Global Outsourcing Transcription Services Annual Revenue by Country/Region (2019-2024)
4.3 Americas Outsourcing Transcription Services Market Size Growth (2019-2024)
4.4 APAC Outsourcing Transcription Services Market Size Growth (2019-2024)
4.5 Europe Outsourcing Transcription Services Market Size Growth (2019-2024)
4.6 Middle East & Africa Outsourcing Transcription Services Market Size Growth (2019-2024)
5 Americas
5.1 Americas Outsourcing Transcription Services Market Size by Country (2019-2024)
5.2 Americas Outsourcing Transcription Services Market Size by Type (2019-2024)
5.3 Americas Outsourcing Transcription Services Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Outsourcing Transcription Services Market Size by Region (2019-2024)
6.2 APAC Outsourcing Transcription Services Market Size by Type (2019-2024)
6.3 APAC Outsourcing Transcription Services Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Outsourcing Transcription Services Market Size by Country (2019-2024)
7.2 Europe Outsourcing Transcription Services Market Size by Type (2019-2024)
7.3 Europe Outsourcing Transcription Services Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Outsourcing Transcription Services by Region (2019-2024)
8.2 Middle East & Africa Outsourcing Transcription Services Market Size by Type (2019-2024)
8.3 Middle East & Africa Outsourcing Transcription Services Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Outsourcing Transcription Services Market Forecast
10.1 Global Outsourcing Transcription Services Forecast by Region (2025-2030)
10.1.1 Global Outsourcing Transcription Services Forecast by Region (2025-2030)
10.1.2 Americas Outsourcing Transcription Services Forecast
10.1.3 APAC Outsourcing Transcription Services Forecast
10.1.4 Europe Outsourcing Transcription Services Forecast
10.1.5 Middle East & Africa Outsourcing Transcription Services Forecast
10.2 Americas Outsourcing Transcription Services Forecast by Country (2025-2030)
10.2.1 United States Market Outsourcing Transcription Services Forecast
10.2.2 Canada Market Outsourcing Transcription Services Forecast
10.2.3 Mexico Market Outsourcing Transcription Services Forecast
10.2.4 Brazil Market Outsourcing Transcription Services Forecast
10.3 APAC Outsourcing Transcription Services Forecast by Region (2025-2030)
10.3.1 China Outsourcing Transcription Services Market Forecast
10.3.2 Japan Market Outsourcing Transcription Services Forecast
10.3.3 Korea Market Outsourcing Transcription Services Forecast
10.3.4 Southeast Asia Market Outsourcing Transcription Services Forecast
10.3.5 India Market Outsourcing Transcription Services Forecast
10.3.6 Australia Market Outsourcing Transcription Services Forecast
10.4 Europe Outsourcing Transcription Services Forecast by Country (2025-2030)
10.4.1 Germany Market Outsourcing Transcription Services Forecast
10.4.2 France Market Outsourcing Transcription Services Forecast
10.4.3 UK Market Outsourcing Transcription Services Forecast
10.4.4 Italy Market Outsourcing Transcription Services Forecast
10.4.5 Russia Market Outsourcing Transcription Services Forecast
10.5 Middle East & Africa Outsourcing Transcription Services Forecast by Region (2025-2030)
10.5.1 Egypt Market Outsourcing Transcription Services Forecast
10.5.2 South Africa Market Outsourcing Transcription Services Forecast
10.5.3 Israel Market Outsourcing Transcription Services Forecast
10.5.4 Turkey Market Outsourcing Transcription Services Forecast
10.6 Global Outsourcing Transcription Services Forecast by Type (2025-2030)
10.7 Global Outsourcing Transcription Services Forecast by Application (2025-2030)
10.7.1 GCC Countries Market Outsourcing Transcription Services Forecast
11 Key Players Analysis
11.1 Flatworld Solutions
11.1.1 Flatworld Solutions Company Information
11.1.2 Flatworld Solutions Outsourcing Transcription Services Product Offered
11.1.3 Flatworld Solutions Outsourcing Transcription Services Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 Flatworld Solutions Main Business Overview
11.1.5 Flatworld Solutions Latest Developments
11.2 Lexacom
11.2.1 Lexacom Company Information
11.2.2 Lexacom Outsourcing Transcription Services Product Offered
11.2.3 Lexacom Outsourcing Transcription Services Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 Lexacom Main Business Overview
11.2.5 Lexacom Latest Developments
11.3 Verbit
11.3.1 Verbit Company Information
11.3.2 Verbit Outsourcing Transcription Services Product Offered
11.3.3 Verbit Outsourcing Transcription Services Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 Verbit Main Business Overview
11.3.5 Verbit Latest Developments
11.4 Ditto Transcripts
11.4.1 Ditto Transcripts Company Information
11.4.2 Ditto Transcripts Outsourcing Transcription Services Product Offered
11.4.3 Ditto Transcripts Outsourcing Transcription Services Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 Ditto Transcripts Main Business Overview
11.4.5 Ditto Transcripts Latest Developments
11.5 Meetbunch
11.5.1 Meetbunch Company Information
11.5.2 Meetbunch Outsourcing Transcription Services Product Offered
11.5.3 Meetbunch Outsourcing Transcription Services Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 Meetbunch Main Business Overview
11.5.5 Meetbunch Latest Developments
11.6 Stealth Agents
11.6.1 Stealth Agents Company Information
11.6.2 Stealth Agents Outsourcing Transcription Services Product Offered
11.6.3 Stealth Agents Outsourcing Transcription Services Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 Stealth Agents Main Business Overview
11.6.5 Stealth Agents Latest Developments
11.7 Transcription Hub
11.7.1 Transcription Hub Company Information
11.7.2 Transcription Hub Outsourcing Transcription Services Product Offered
11.7.3 Transcription Hub Outsourcing Transcription Services Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 Transcription Hub Main Business Overview
11.7.5 Transcription Hub Latest Developments
11.8 Triyock BPO
11.8.1 Triyock BPO Company Information
11.8.2 Triyock BPO Outsourcing Transcription Services Product Offered
11.8.3 Triyock BPO Outsourcing Transcription Services Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 Triyock BPO Main Business Overview
11.8.5 Triyock BPO Latest Developments
11.9 Terra Nova Transcription
11.9.1 Terra Nova Transcription Company Information
11.9.2 Terra Nova Transcription Outsourcing Transcription Services Product Offered
11.9.3 Terra Nova Transcription Outsourcing Transcription Services Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 Terra Nova Transcription Main Business Overview
11.9.5 Terra Nova Transcription Latest Developments
11.10 Mmodal
11.10.1 Mmodal Company Information
11.10.2 Mmodal Outsourcing Transcription Services Product Offered
11.10.3 Mmodal Outsourcing Transcription Services Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 Mmodal Main Business Overview
11.10.5 Mmodal Latest Developments
11.11 Nuance Communications
11.11.1 Nuance Communications Company Information
11.11.2 Nuance Communications Outsourcing Transcription Services Product Offered
11.11.3 Nuance Communications Outsourcing Transcription Services Revenue, Gross Margin and Market Share (2019-2024)
11.11.4 Nuance Communications Main Business Overview
11.11.5 Nuance Communications Latest Developments
11.12 Transcend Services
11.12.1 Transcend Services Company Information
11.12.2 Transcend Services Outsourcing Transcription Services Product Offered
11.12.3 Transcend Services Outsourcing Transcription Services Revenue, Gross Margin and Market Share (2019-2024)
11.12.4 Transcend Services Main Business Overview
11.12.5 Transcend Services Latest Developments
11.13 Acusis
11.13.1 Acusis Company Information
11.13.2 Acusis Outsourcing Transcription Services Product Offered
11.13.3 Acusis Outsourcing Transcription Services Revenue, Gross Margin and Market Share (2019-2024)
11.13.4 Acusis Main Business Overview
11.13.5 Acusis Latest Developments
11.14 iMedX Information Services
11.14.1 iMedX Information Services Company Information
11.14.2 iMedX Information Services Outsourcing Transcription Services Product Offered
11.14.3 iMedX Information Services Outsourcing Transcription Services Revenue, Gross Margin and Market Share (2019-2024)
11.14.4 iMedX Information Services Main Business Overview
11.14.5 iMedX Information Services Latest Developments
11.15 MTBC
11.15.1 MTBC Company Information
11.15.2 MTBC Outsourcing Transcription Services Product Offered
11.15.3 MTBC Outsourcing Transcription Services Revenue, Gross Margin and Market Share (2019-2024)
11.15.4 MTBC Main Business Overview
11.15.5 MTBC Latest Developments
11.16 nThrive
11.16.1 nThrive Company Information
11.16.2 nThrive Outsourcing Transcription Services Product Offered
11.16.3 nThrive Outsourcing Transcription Services Revenue, Gross Margin and Market Share (2019-2024)
11.16.4 nThrive Main Business Overview
11.16.5 nThrive Latest Developments
11.17 Medi-Script Plus
11.17.1 Medi-Script Plus Company Information
11.17.2 Medi-Script Plus Outsourcing Transcription Services Product Offered
11.17.3 Medi-Script Plus Outsourcing Transcription Services Revenue, Gross Margin and Market Share (2019-2024)
11.17.4 Medi-Script Plus Main Business Overview
11.17.5 Medi-Script Plus Latest Developments
11.18 Outsource2india
11.18.1 Outsource2india Company Information
11.18.2 Outsource2india Outsourcing Transcription Services Product Offered
11.18.3 Outsource2india Outsourcing Transcription Services Revenue, Gross Margin and Market Share (2019-2024)
11.18.4 Outsource2india Main Business Overview
11.18.5 Outsource2india Latest Developments
11.19 TransPerfect
11.19.1 TransPerfect Company Information
11.19.2 TransPerfect Outsourcing Transcription Services Product Offered
11.19.3 TransPerfect Outsourcing Transcription Services Revenue, Gross Margin and Market Share (2019-2024)
11.19.4 TransPerfect Main Business Overview
11.19.5 TransPerfect Latest Developments
11.20 VIVA Transcription
11.20.1 VIVA Transcription Company Information
11.20.2 VIVA Transcription Outsourcing Transcription Services Product Offered
11.20.3 VIVA Transcription Outsourcing Transcription Services Revenue, Gross Margin and Market Share (2019-2024)
11.20.4 VIVA Transcription Main Business Overview
11.20.5 VIVA Transcription Latest Developments
11.21 Medscribe
11.21.1 Medscribe Company Information
11.21.2 Medscribe Outsourcing Transcription Services Product Offered
11.21.3 Medscribe Outsourcing Transcription Services Revenue, Gross Margin and Market Share (2019-2024)
11.21.4 Medscribe Main Business Overview
11.21.5 Medscribe Latest Developments
11.22 Pacific Solutions
11.22.1 Pacific Solutions Company Information
11.22.2 Pacific Solutions Outsourcing Transcription Services Product Offered
11.22.3 Pacific Solutions Outsourcing Transcription Services Revenue, Gross Margin and Market Share (2019-2024)
11.22.4 Pacific Solutions Main Business Overview
11.22.5 Pacific Solutions Latest Developments
11.23 Same Day transcriptions
11.23.1 Same Day transcriptions Company Information
11.23.2 Same Day transcriptions Outsourcing Transcription Services Product Offered
11.23.3 Same Day transcriptions Outsourcing Transcription Services Revenue, Gross Margin and Market Share (2019-2024)
11.23.4 Same Day transcriptions Main Business Overview
11.23.5 Same Day transcriptions Latest Developments
11.24 DoctorDocs
11.24.1 DoctorDocs Company Information
11.24.2 DoctorDocs Outsourcing Transcription Services Product Offered
11.24.3 DoctorDocs Outsourcing Transcription Services Revenue, Gross Margin and Market Share (2019-2024)
11.24.4 DoctorDocs Main Business Overview
11.24.5 DoctorDocs Latest Developments
11.25 World Wide Dictation
11.25.1 World Wide Dictation Company Information
11.25.2 World Wide Dictation Outsourcing Transcription Services Product Offered
11.25.3 World Wide Dictation Outsourcing Transcription Services Revenue, Gross Margin and Market Share (2019-2024)
11.25.4 World Wide Dictation Main Business Overview
11.25.5 World Wide Dictation Latest Developments
11.26 Athreon
11.26.1 Athreon Company Information
11.26.2 Athreon Outsourcing Transcription Services Product Offered
11.26.3 Athreon Outsourcing Transcription Services Revenue, Gross Margin and Market Share (2019-2024)
11.26.4 Athreon Main Business Overview
11.26.5 Athreon Latest Developments
11.27 MOS Transcription Company
11.27.1 MOS Transcription Company Company Information
11.27.2 MOS Transcription Company Outsourcing Transcription Services Product Offered
11.27.3 MOS Transcription Company Outsourcing Transcription Services Revenue, Gross Margin and Market Share (2019-2024)
11.27.4 MOS Transcription Company Main Business Overview
11.27.5 MOS Transcription Company Latest Developments
12 Research Findings and Conclusion
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*If Applicable.