Overview

Teleradiology Services Market Introduction

Teleradiology service market is projected to value over US$ 9 billion by the end of 2027 and expand at a CAGR of over 18.2% during the forecast period of 2020-2027.

Radiology is a type of imaging technique that physicians use for taking images of the internal part of the body; it is usually done for treatment or diagnosis. When it comes to teleradiology is a process of sending a radiology image to a different location for sharing studies. It majorly used for better management of disease prognosis. Tele-radiology is a part of daily practice, which helps in imaging processing, access to subspecialty expertise at academic medical centres, domestic and international consultations, also in image data collection and management of image analysis.

The increasing demand for imaging in the primary diagnosis of disease indication fuelled the growth of Teleradiology services. Teleradiology services have gained traction over the past decade due to the increasing importance of early diagnosis. Teleradiology is the process of sharing studies and can improvise the treatment guidelines for better disease management. Additionally, growing awareness of teleradiology among the developed economies is expected to boost the growth of teleradiology services market over the forecast period. Along with this, technology have integrated teleradiology into healthcare settings and increased the efficiency of services. All these factors led to the potential growth of teleradiology services market.

North America and Europe Teleradiology Services markets account major share in the global market due to high adoption among end users and are expected to remain dominant in the global teleradiology services market. Asia Pacific region represented as the most lucrative market for teleradiology services provides due to changing healthcare environment. Latin America and Rest of the world are highly untapped markets for teleradiology services and they are expected to witness significant growth during the forecast period due to growing importance.

Teleradiology services manufacturers include Virtual Radiologic, Teleradiology Solutions, Future Teleradiology Solution, All-American Teleradiology, Sectra AB and others.

Teleradiology Services Market

Teleradiology Services Market Segmentation:

By Service Type

X-ray
Computed Tomography
Ultrasound
Nuclear Imaging
Magnetic Resonance Imaging

By End User

Hospitals
Diagnostics Laboratories
Clinics
Outpatient Centres

By Region

Europe
North America
APAC
Latin America
Rest of World

Competitive Landscape:

Tier 1 players- established companies in the market with a major market share
Tier 2 players
Emerging players which are growing rapidly
New Entrants

FutureWise Takeaways

Growth prospects
SWOT analysis
Key trends
Key data-points affecting market growth

Objectives of the Study:

To provide with an exhaustive analysis on global teleradiology service market by service type, end-user and region
To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
To evaluate and forecast micro-markets and the overall market
To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East
To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
Profiling of companies to evaluate their market shares, strategies, financials and core competencies