The global medical speech recognition software market size was worth around USD 1.68 billion in 2024 and is predicted to grow to around USD 5.32 billion by 2035 with a compound annual growth rate (CAGR) of 11.05% from 2025 to 2035. The market growth is boosted by medical speech recognition software that enhances accuracy, efficiency, and inclusivity in healthcare documentation. These advancements are driving a more streamlined, patient-centered healthcare system.