What is Teleradiology Market Scope?
Teleradiology is one of the most conventional and most widely used forms of a larger entity called telemedicine. Teleradiology provides the ability to obtain images in one location, transmit them over a distance, and view them remotely for diagnostic or consultative purposes. In modern radiology sections in both the academic and private sectors it has become ordinary to select the location of a fully functioning picture and archiving communications system (PACS) workplace based on manpower and workflow considerations rather than proximity to the site of image acquisition. Furthermore, affordable scaled down teleradiology solutions have enabled referring physicians and radiologists to access imaging from the convenience of their homes and offices.
Influencing Trend:
Emergence of Widely Available Mechanisms to Quickly and Affordably Transmit Digital Data over Large Distances
Market Growth Drivers:
Rapidly Growing Demand for Diagnostic and Image Interpretation Services in Radiology and Improvements in Teleradiology Systems and the Imperatives of Contemporary Medical Practice
Challenges:
Threat of Data Security and Privacy
Restraints:
Lack of Technically Skilled Personal
Opportunities:
Rapid Growth in Freestanding Imaging Centers, Often Dedicated to Cross-Sectional Imaging
The Teleradiology market study is being classified by Type (X-ray, Magnetic Resonance Imaging (MRI), Computed Tomography (CT), Ultrasound and Nuclear Radiology), by Application and major geographies with country level break-up.
Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Teleradiology market throughout the predicted period.
Siemens AG (Germany), Teleradiology Solutions (India), Global Diagnostics Limited (United Kingdom), Mednax, Inc. (United States), Onrad, Inc. (United States), Everlight Radiology (Australia), Agfa-Gevaert Group (Belgium), Radisphere National Radiology Group, Inc. (United States), Fujifilm Medical Systems, Inc. (United States) and Virtual Radiologic (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Cybernet Medical Corporation (United States) and RamSoft, Inc. (Canada).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Teleradiology market by Type, Application and Region.
On the basis of geography, the market of Teleradiology has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
In 2021, Medica Group (UK) is working with Sectra AB (Sweden) to provide a new PACS (Photo Archiving and Communication System) for selective and emergency NightHawk reporting. This development is expected to benefit hospitals with extensive emergency imaging reports that read in an average of 23 minutes., In 2020, USARAD Holdings Inc. (USA) has partnered with the Medical Diagnostic Web (MDW), a blockchain-based marketplace that provides access to hundreds of radiologists ready to provide diagnostic assistance. The new program allows providers to upload images 24 hours a day through USARAD's online service. A radiologist will help diagnose or rule out COVID-19. and In 2020, USARAD Holdings Inc. (USA) is partnering with Nanox Imaging (Israel) to bring Nanox's mobile imaging system to high-risk areas to support preventive COVID-19 testing efforts in these areas.
In 2021, GE Healthcare (USA) launches the cloud-based Edison True PACS, providing innovative AI-assisted decision-making tools that increase read speeds, reduce errors, improve diagnostic accuracy and enable confident diagnosis., In 2021, McKesson Corporation (USA) has introduced Stratus Imaging PACS, a footprint-free, cloud-native photo archiving and communication system. and On April 2, 2019 – Cybernet Manufacturing is pleased to announce the release of two new medical grade computers, the CyberMed S20 and the CyberMed NB20. Both models are the end result of a near constant dialogue between Cybernet and their customers to identify gaps in the market and to develop, engineer and manufacture a solution to those gaps.
Key Target Audience
Teleradiology Service Providers, Software Solution Providers, Network Providers, Healthcare Industry, Governmental Bodies and Research Firms
Teleradiology Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Teleradiology Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Teleradiology industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.