Allied Market Research
Loading...
Cart
0

Teleradiology Market Expected to Reach $10,621 Million by 2025

 

quote Significant rise in the number of imaging tests performed across the globe, surge in R&D activities regarding eHealth along with increase in implementation of picture archiving and communication systems supplement the growth of the teleradiology market quote

Onkar Sumant
Manager, Healthcare at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

According to a new report published by Allied Market Research, titled,"Teleradiology Market by Imaging Technique, Technology, and End User: Global Opportunity Analysis and Industry Forecast, 2018 - 2025," the global teleradiology market accounted for $2,709 million in 2017 and is expected to reach $10,621 million by 2025 with a CAGR of 18.4% from 2018 to 2025. North America was the highest revenue contributor in 2017 and is anticipated to maintain the same trend throughout the forecast period.

Teleradiology is the branch of telemedicine that involves transmission of radiological images and related data from one location to another for diagnostic and consulting purpose. It is an advanced technology that has emerged due to the imbalance between demand and availability of diagnostic services during emergency situations. Earlier, teleradiology was used only for emergencies; however, with advent of internet and advancements in the IT industry, teleradiology practice has become more common in recent years. The availability of computer programs such as picture archiving & communication system (PACS) and radiological information system (RIS), that are specifically dedicated to sending radiological images has led to the major advancements in teleradiology technologies.

The prime factor that drives the teleradiology market growth includes imbalance between the demand and availability of radiological services. Lack of timely diagnostic services causes a major problem for clinicians during emergencies, especially night hours, which further contributes to fuel the teleradiology market size globally to initiate proper treatment at the earliest.

Based on teleradiology market trends by application, the CT scan segment accounted for the majority of teleradiology market share of the global market in 2017. This is attributed to the surge in number of institutes installing CT scanners and the capability to scan complex body structures such as lungs, brain, and cardiac cavities.

Based on end user, the ambulatory surgical centers segment generated the maximum revenue in 2017, and is anticipated to exhibit prominent growth during the forecast period. This is attributed to the fact that these centers offer improved efficiency in health care delivery, allowing patients to spend less time in the health care setting.

Key Findings of the Teleradiology Market:

  • The radiology information system (RIS) of software segment is anticipated to grow at the highest rate with a CAGR of 19.2% during the forecast period.
  • The U.S. was the major shareholder in the North America teleradiology market and accounted for the highest share in 2017.
  •  
  • Based on technology, the software segment is expected to grow at a CAGR of 18.1 % during the forecast period.
  • Based on end user, the hospitals segment held a remarkable position in 2017, registering a CAGR of 17.0 % from 2018 to 2025.

Asia-Pacific is anticipated to grow at the fastest CAGR of 21.5% and is anticipated to continue this trend during the forecast period, due to increase in adoption of teleradiology technologies such as PACS & RIS, and high prevalence of chronic diseases, specifically in China, India, and the other developing economies. Moreover, rise in investments toward development of healthcare information technology (HCIT) by the key players in the teleradiology field majorly drives the growth of the Asia-Pacific market.

The report provides a comprehensive analysis of the leading companies operating in the global teleradiology market such as Siemens AG, 4ways Limited, Global Diagnostics Limited, Mednax, Inc., Koninklijke Philips N.V., GE Healthcare, Everlight Radiology, Agfa-Gevaert Group, Radisphere National Radiology Group, Inc., and Fujifilm Medical Systems, Inc. The other players in the value chain (not included in the report) include Cybernet Medical Corporation, Spectra AB, Medica Reporting Ltd., Radiology Reporting Online (RRO), Sectra Imtec AB, StatRad, LLC, Ramasift Inc., and Alta Vista Teleradiology.

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Ram D
Communications Officer
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

 
 

First time buyer?
Check offers and discount on this report
To get this report

 
Click Here
 
 

quote Teleradiology Market by Imaging Technique (X-rays, Computed Tomography (CT), Ultrasound, Magnetic Resonance Imaging (MRI), Nuclear imaging, Fluoroscopy, Mammography, and Others), Technology (Hardware, Software, and Telecom & Networking), and End User (Hospitals, Ambulatory Surgical Centers, Diagnostic Centers, and Others): Global Opportunity Analysis and Industry Forecast, 2018–2025 quote

View Report
 
 
Avenue Video Loading...

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 2,000 niche industries and company profiles on more than 12,000 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.

 
 

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
 

Get Fresh content delivered

Get insights on topics that matter to your business. Stay updated on the area that interests you.

 
Get Industry Data Alerts
 

Buy Full Version
"Teleradiology Market"
Purchase Enquiry