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U.S. Transcription Market Size, Share | Industry Report, 2030

Grand View Research, Grand View Research, Inc., 2024

Read on October 19, 2026

What it is: The market research firm Grand View Research's report page for the U.S. transcription market, updated October 2024. It gives the U.S. market value for 2024 at USD 30.42 billion, a forecast of USD 41.93 billion for 2030, and a compound annual growth rate of 5.2 percent for 2025 to 2030.
How much weight it carries: Published by the firm that produced the report, with the base year, forecast period and report scope listed on the page. The page does not give the method in detail, and the medical segment is the largest part, so the figure reflects a broad definition of transcription rather than medical transcription alone.

Facts taken from this source

Grand View Research says the U.S. transcription market was valued at 30.42 billion US dollars in 2024, and projects a 5.2 percent compound annual growth rate from 2025 to 2030.
“The U.S. transcription market size was valued at USD 30.42 billion in 2024 and is projected to grow at a CAGR of 5.2% from 2025 to 2030” (Report page, market overview)
Grand View Research projects the U.S. transcription market to grow at a 5.2 percent compound annual rate from 2025 to 2030 and reach 41.93 billion US dollars by 2030.
“The U.S. transcription market is expected to grow at a compound annual growth rate of 5.2% from 2025 to 2030 to reach USD 41.93 billion by 2030.” (Frequently asked questions on the report page)