According to a new report published by K D Market Insights, titled, “Teleradiology Market Insights, Trends, Opportunity & Forecast, 2023–2032,” the global teleradiology market size is anticipated to witness moderate growth during the forecast period i.e., 2023-2032. The increasing demand for remote radiology services, advancements in imaging technology, and the need for efficient and timely diagnosis. Teleradiology enables the transmission of radiological images and patient data over long distances, facilitating remote interpretation and consultation. Which are the major factors augmenting the growth of the global teleradiology market.
The increasing demand for timely and accurate diagnostic services, coupled with the shortage of radiologists in many regions, propels the adoption of teleradiology solutions. Teleradiology enables healthcare providers to overcome geographical barriers and access specialized expertise, ensuring efficient and timely interpretation of radiological images. Which is further expected to create ample growth opportunities for the global teleradiology market during the forecast period i.e., 2023-2032. Moreover, the advancements in imaging technology have propelled market expansion. Expansion of telemedicine and the growing emphasis on remote healthcare services, is expected to contribute towards the market growth during the period.
The North America region accounted for the largest share in the global teleradiology market in 2022. The region is further projected to continue dominating in the market and also register the highest CAGR in the market during the forecast period. This can be attributed to the high prevalence of chronic diseases, advanced healthcare infrastructure, and the increasing adoption of telemedicine.
According to imaging technique, the CT segment accounted for the largest market share in the teleradiology market in 2022 and is further expected to continue with the trend during the forecast period i.e., 2023 – 2032.
The global teleradiology market is segmented into product type, imaging technique, end user and region. Based on product type, the market is bifurcated into teleradiology services, software (PACS, RIS). Based on imaging technique, it is classified into MRI, CT, x-ray, ultrasound, mammography, nuclear imaging. Based on end user, it is classified into hospitals, diagnostic centers& laboratories, long-term care centers, nursing homes, others.
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The global teleradiology market is analyzed across North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Indonesia, Thailand, Australia, New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of Latin America) and Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East & Africa).
Key Insights of Teleradiology Market
- On the basis of imaging technique, the CT segment accounted for the largest market share in the teleradiology market in 2022 and is further expected to continue with the trend during the forecast period i.e., 2023 – 2032.
- On the basis of region, North America accounted for the largest share in the global teleradiology market in 2022. The region is further projected to continue dominating in the market during the forecast period.
- On the basis of region, Asia-Pacific is estimated to account for the second largest share in the market during the forecast period.
Some of the major teleradiology companies profiled in the report include Philips Healthcare, GE Healthcare, Medica Group Plc, Cerner Corporation, McKesson Corporation, Agfa Healthcare, Siemens Healthineers, Fujifilm Holdings Corporation, 4ways Healthcare, Teleradiology Solutions, ONRAD Inc., RamSoft Inc., Novarad Corporation, Telediagnostic Solutions Pvt. Ltd., StatRad LLC, Medweb LLC, Nautilus Medical, Mirada Medical, Telerad Tech, and USARAD Holdings Inc.
