Medical transcription to touch $48.43 bn; advantage India
Global market for medical transcription services is projected to exceed $48.43 billion by 2015, says a new report by Global Industry Analysts. India is presently an undisputed leader in terms of number of offshoring contracts, followed by Philippines. The boom would further benefir the country.
Growth in the industry is primarily triggered by efforts to prune down healthcare costs. Health maintenance organizations, healthcare providers, and hospitals, primarily in developed countries, are increasingly turning towards the maintenance of digital records of patient encounter, which is contributing for rapid proliferation of medical transcription services.
