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Teleradiology Market

Global Teleradiology Market is Expected to Foresee Significant Growth During the Forecast Period. North America to Witness the Highest Growth

The global teleradiology market is expected to grow significantly by 2027 expanding at a significant CAGR of around 15%  during the forecast period (2021-2027F). Teleradiology is the device that provides the transmission of radiological images from one location to other, enabling them to be physicians diagnose. These devices can be complex electronically powered machines or basic machines and have wide applications in the healthcare industry.

The growth of the teleradiology market across the globe is witnessing growth on account of rapid urbanization, a surge in the aging population, and growing awareness adoption of the teleradiology systems has been increasing across the radiology clinics, hospitals, and the imaging centers. Furthermore, an increase in cases of chronic diseases acts as a key growth driver of the teleradiology market. According to the WHO, 17.9 million people die each year from CVDs, which is an estimated 32% of all deaths worldwide, and 85% of all CVD deaths are due to heart attacks and strokes. This is attributed to the fact that any type of injury or chronic disease can cause temporary or permanent illness and which often uses an array of imaging procedures for the diagnosis and management of disorders. Teleradiology help to capture images of the internal structures and functions of the body. Thus, an increase in the number of the aging population is expected to boost the demand for various teleradiology in the near future.Additionally, the growing focus of major industry players to develop new and innovative teleradiology has also positively influenced the adoption of these devices across the globe.

For a detailed analysis of the market drivers of teleradiology browse through – https://univdatos.com/report/teleradiology-market/

Based on product type, the market is segmented into services, software, and hardware. The software segment grabbed a significant market share of the global teleradiology market and will witness a considerable CAGR during the forecast period (2021-2027F). The growth of this segment can be attributed to early diagnosis and technological advancements.

Based on the end-users, the global teleradiology market is segmented into hospitals & clinics, ambulatory surgical centers, home care settings, and others. The hospitals & clinics segment occupied a substantial share and is expected to grow at a significant CAGR during the forecast period 2021-2027 owing to the increasing preference of consumers to get treatment in hospitals mainly due to the well-established healthcare infrastructure, and the presence of highly skilled healthcare professionals.

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Additionally, the report provides a detailed report also provides insights into the global teleradiology market according to the regions such as North America (United States, Canada, and the Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, India, Australia, Japan, and Rest of APAC), Rest of World has been conducted. In 2020, North America dominated the market. This is mainly due to the presence of well-established market players and their growing focus on developing technologically advanced products are Agfa-Gevaert Group, Teleradiology Solutions, Koninklijke Philips N.V., Everlight Radiology, GE Healthcare, MEDNAX Inc., ONRAD, Inc. RamSoft, Inc., Virtual Radiologic, Medica Reporting Ltd. are some of the key players operating in the global teleradiology market. Several M&As along with partnerships have been undertaken by these players to develop various types of teleradiology.

Global Teleradiology Market Segmentation

Market Insight, by Products and Services

  • Services
  • Software
  • Hardware

Market Insight, by Imaging Technique Analysis

  • Computed tomography (CT)
  • Magnetic resonance imaging (MRI)
  • Ultrasound
  • X-ray
  • Mammography
  • Nuclear Imaging
  • Fluoroscopy

Market Insight, by End-Users

  • Hospitals & Clinics
  • Ambulatory Surgical Centers
  • Home Care Settings
  • Others

Market Insight, by Region

  • North America
    • United States
    • Canada
    • Rest of North America
  • Europe
    • France
    • Germany
    • Italy
    • Spain
    • United Kingdom
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Australia
    • Japan
    • Rest of Asia-Pacific
  • Rest of World

Top Company Profiles

  • Agfa-Gevaert Group
  • Teleradiology Solutions
  • Koninklijke Philips N.V.
  • Everlight Radiology
  • GE Healthcare
  • MEDNAX Inc.
  • ONRAD Inc.
  • RamSoft Inc.
  • Virtual Radiologic
  • Medica Reporting Ltd.

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