The latest research study “Teleradiology Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global teleradiology market size reached a value of US$ 4.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 10.6 Billion by 2027 exhibiting a CAGR of 14.20% during 2022-2027.

Teleradiology is a branch of telemedicine that views, interprets, and obtains radiological images from the internal body of a patient. It transmits radiological images and related data from one location to another for consulting and diagnostic purposes, which include magnetic resonance imaging (MRI), X-ray, ultrasound, computed tomography (CT), and positron emission tomography (PET). It also helps save time and cost, provides instant diagnosis and enhanced consultation, and improves operational efficiency. Owing to these benefits, teleradiology is extensively used in clinics, hospitals, ambulatory surgical centers, and diagnostic centers.

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Teleradiology Market Trends and Drivers:

The market is primarily driven by the increasing prevalence of chronic diseases, such as seizures, heart attacks, and cancer, especially among the growing geriatric population. In addition, the sudden outbreak of coronavirus disease (COVID-19) has escalated demand for effective remote diagnostic examinations to assess the symptoms, which is contributing to the market growth.

Moreover, the widespread adoption of teleradiology in healthcare information technology (HCIT) for analyzing radiological images and the increasing utilization of numerous radiologist procedures like CT, ultrasound, and MRI represents another major growth-inducing factor. Besides this, governments of numerous countries are taking various initiatives to develop the healthcare infrastructure, providing a positive thrust to market growth.

Along with this, extensive investments in research and development (R&D) activities conducted by key players to develop advanced teleradiology technologies to enhance workflow efficiency are propelling market growth.

Global Teleradiology Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Teleradiology Companies:

4ways Healthcare Limited, Agfa-Gevaert Group, Carestream Health, Cerner Corporation, FUJIFILM Corporation, General Electric Company, Koninklijke Philips N.V., McKesson Corporation, Mednax Services Inc., ONRAD Inc., RamSoft Inc., Siemens AG, Teleradiology Solutions and USARAD Holdings Inc.

The report has segmented the market on the basis of region, component, imaging technique and end user.

Breakup by Component:

• Software and Services
• Hardware

Breakup by Imaging Technique:

• X-rays
• Computed Tomography (CT)
• Ultrasound
• Magnetic Resonance Imaging (MRI)
• Nuclear Imaging
• Others

Breakup by End User:

• Hospitals and Clinics
• Ambulatory Surgical Centers
• Diagnostic Centers
• Others

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa

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 Key highlights of the report:

• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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