Global Teleradiology Market to showcase growth and cross USD 9.8 BN by 2026

Posted On February 19, 2020     

The Global Teleradiology Market is foreseen to grow at a remarkable CAGR of 18% during the year 2020-2026 as estimated by the reports from Value Market Research wherein the market value is expected to grow from USD 3.0 BN in 2019 to USD 9.8 BN by 2026.The increase in demand for usage of teleradiology for second opinion and emergencies is one among the huge drivers of the market. Specialized improvements in image processing stimulate the adoption of these technologies in hospitals and urgent care clinics. Beginning of favourable government policies, such as training radiologists who give diagnostic imaging assistance, is also expected to drive the growth and demand of the market.

Teleradiology is a part of telemedicine that includes the dispatch of radiological images and relevant information from one location to another for diagnostic consulting purpose. It is the process of having medical images inferred by a radiologist from any nearby or distant location. Apart from this, teleradiology enables depository of digital radiograph images through picture archiving and communication system (PACS) software which is its most crucial part. Teleradiology is employed by clinics, hospitals, and mobile imaging companies for diagnosis.

Teleradiology warrants on-site treatments with a remote approach through cloud network globally and real-time interpretation. Teleradiology is a part of telemedicine that includes the dispatch of radiological images and relevant information from one location to another for diagnostic consulting purpose. Teleradiology enables patient supervision by assisting radiologists in delivering aids without being physically present at the location. This is particularly important when there is a demand for a sub-specialist including an MRI radiologist, neuroradiologist, or musculoskeletal radiologist.

The initial sections of the report "Global Teleradiology Market Report By Type (Hardware, Software And Telecom and Networking), By Modality Type (X-ray, Computed tomography (CT), Magnetic resonance imaging (MRI), Ultrasound, Nuclear Medicine And Fluoroscopy) By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2019-2026" starts with the introduction, a crisp market summary followed by detailed revenue analysis as per segments and regions. The market drivers responsible for pushing the market growth are discussed in length in the report. The teleradiology market opportunities are useful to identify the profit centres and take the strategic decision accordingly.

On the basis of type the report is divided in to hardware, software, telecom and networking.

By modality type, the teleradiology market is segmented as X-ray, computed tomography (CT), magnetic resonance imaging (MRI), ultrasound, nuclear medicine, fluoroscopy in the report.

North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa are the regions covered in the report. This geographical section of the report highlights the share of the revenue/volume spread globally.

The Report Segments Global Teleradiology Market -
By Type:

  • Hardware
  • Software
  • Telecom And Networking

By Modality Type:

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

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Players Profiled In the Report:
Virtual Radiologic, Agfa-Gevaert Group, ONRAD, Inc., Global Diagnostics Ltd., Everlight Radiology, 4ways Healthcare Limited, RamSoft, Inc., Sectra AB and HealthWatch TeleDiagnostics Pvt. Ltd.

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