Medical transcription is still in demand in India and Western countries where insurance details are needed. The job requires concentration, medical knowledge, and meeting deadlines. To become a medical transcriptionist in India requires minimum 10+2 English qualification, preferably a degree, and training. Beginners make median salary. Experienced workers make up to ₹911,250 annually.
Outsourcing from India saves up to 60% versus hiring locally. Additional charges sometimes apply. Speech recognition technology may impact growth. It is unclear if transcription or coding offers better prospects.
India’s English-speaking workforce made it a top offshore choice. Maintaining privacy is essential. Flexible work, good pay, stable career, although a 3% decline is predicted between 2016-2026. Demand continues as health services grow.
Foreign healthcare companies outsource to India due to low costs and available professionals. Indian awareness is currently low. Job involves accurately and swiftly transcribing various medical reports and notes.
Yes, demand is still high as technology increases reliance. However, as doctors use more mobile devices, bypassing needs, flexibility is lost. Industry expected to triple to $12 billion by 2022.