Medical Transcription in INDIA

Indian Medical Transcription

Indian Medical Transcription field

Medical Transcription ADVANTAGE

Of the 700 million hospital events transcribed every year in the US, presently the contribution by India is only Rs. 140 crores, which amounts to just 0.165%. NASSCOM projects that against the total Indian exports of about US $ 34 billion, medical transcription is expected to have a market potential of about US $ 17 billion to one country alone viz. the USA.

Thanks to the recent advances in telecommunication, both in terms of facilities and cost, MT in India has a potential of creating about 200,000 medical transcriptionists. The factors that give India an edge in providing quality transcripts are:

    * Support of Government of India for all IT- led industries.
    * A huge pool of English-speaking and computer-literate graduate manpower to cater to the growing demand.
    * High-quality computer skills
    * Cost advantage
    * Advantageous 12-hour time zone difference with USA
    * Tremendous improvement in telecom infrastructure for data exchange
    * Hardware and software costs are falling-reducing break even point


In India there was a boom in this industry couple of years back with a lot of companies and training institutes entering this field. Most companies except a few could not survive due to lack of proper training and understanding of this comparatively new concept in India.

By improving the work standards and quality of service, India has a wide scope for capturing the huge clientele in the US and provide employment opportunities to the huge mass of English speaking and computer literate people in the country.

The success of the surviving companies proves that Medical transcription can hold a vital link in altering the Indian job scenario.

with the rapid change in the outlook in Indian health care and privatization of the insurance sector. India provides an ideal location for conducting medical transcription with the large population of educated English speaking people and the comparative low cost which encourages companies abroad to outsource their work to the Indian Medical Transcription field.