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Global Teleradiology Market Opportunities and Forecast 2020-2027

  • DLR2455
  • 10 July, 2021
  • Pharma & Healthcare
  • Pages: 120
  • Global
Global Teleradiology Market, By Product (X-ray, Ultrasound, Magnetic Resonance Imaging (MRI), Computed Tomography (CT), Nuclear Imaging), By End-user (Hospitals, Ambulatory Imaging Centers, Radiology Clinics), and opportunities and forecast 2020-2027

Teleradiology Market Overview

Teleradiology is emerging as a major driver of expansion to quality health care across the globe. Technological development in interventional radiology and the rising prevalence of chronic diseases such as cancer and coronary heart diseases are boosting the number of radiological procedures. According to National Cancer Institute, in 2020, an estimated 1,806,590 new cases of cancer diagnosed in the United States and 606,520 people will die from the disease.

As well, rise in the chronic diseases increases the need for time-saving interpretation of radiographs with quality. To keep pace with the rising demand for radiological procedures and comprehensive interpretation, teleradiology is being preferred by health care providers across the world. This fact remarkably boosts the growth of the global Teleradiology market.

Additionally, increasing government initiatives for the adoption of telehealth and other digital health services is expected to propel the growth of the market in the forthcoming period. In addition, public & private players are participating to spread awareness about the prominent developments in the diagnostic imaging service sector is further facilitating the market development in near future.

Covid-19 Impact on Teleradiology Market:

In addition, the current Teleradiology Market study offers a detailed analysis of the current COVID-19 pandemic impact on the market growth and its influence on the future growth of the Teleradiology Market. The recently published report demonstrates the elevation in the demand for the healthcare sector. The healthcare manufacturers have experienced long term as well as short term effect which includes supply shortages, panic buying, and stocking, regulation changes as short-term whereas approval delays and possible trend variations in consumption could be perceived as long-term impacts of COVID-19 on the health and pharmaceutical market.

The increasing need for a cure has pushed vaccine research and manufacturers to the limit. In addition to this, panic conditions have already spurred the demand for many healthcare products and services which are discussed in detail in this report. Moreover, the impact of COVID-19 on overall market revenue for the base year 2020 and its projection up to 2027 is provided in detail in this report.

Teleradiology Market Segment Overview

Based on the product, the Computed Tomography (CT) segment is projected to witness the fastest growth over the forecast period. CT provides faster and clearer images of complex body organs, such as the brain, cardiac cavities, and lungs, which contributes to the growth of this segment. Additionally, increasing technological advancements and digitalization in this field are also projected to support growth.  For instance, in March 2019, Siemens Healthineers and GE Healthcare launched a Go platform cardiac CT scanner.

Additionally, the X-ray segment has remarkable growth in the market. X-rays find wide application across numerous healthcare domains, such as orthopedics, cardiovascular diagnostics, chest imaging, cancer screening, and dental imaging. Factors such as economical pricing, high usage in primary diagnosis, and the introduction of innovative systems such as filmless x-ray systems are mainly boosting the growth of this segment.

Teleradiology Market, By Product

·       X-ray
·       Ultrasound
·       Magnetic Resonance Imaging (MRI)
·       Computed Tomography (CT)
·       Nuclear Imaging

Teleradiology Market, By End-user

·       Hospitals
·       Ambulatory Imaging Centers
·       Radiology Clinics

Teleradiology Market Regional Overview

In terms of region, North America accounted for a major share of the global Teleradiology market. This can be attributed to the highly developed health care sector, increased awareness among patients, and the continuous evolution of information technology in this sector. In addition to this, the teleradiology service market offers huge growth potential in this region. Similarly, the market in Asia-Pacific is expected to witness significant growth during the forecast period. Factors such as growth in the healthcare sector, increasing awareness about teleradiology, technological advancement, and increasing adoption of teleradiology solutions are expected to fuel the growth of the market during the forecast period.

Teleradiology Market, By Geography

·       North America (US & Canada)
·       Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
·       Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
·       LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)

Teleradiology Market Competitor overview

Some key developments and strategies adopted by manufacturers in the Teleradiology are highlighted below.

·       In February 2017, Teleradiology Solutions and Wipro GE Healthcare announced a partnership that combines GE Healthcare’s medical technology leadership and wide reach across the country with Teleradiology’s proprietary Radiology Workflow Solution. RadSpa to make Remote Radiology Reporting Services available to healthcare providers across India.

Teleradiology Market, Key Players

·       Envision Healthcare Corporation
·       Agfa-Gevaert N.V.
·       4ways Healthcare Limited
·       InHealth
·       Teleradiology Solutions
·       USARAD Holdings, Inc.
·       ONRAD, Inc.
·       TeleDiagnosys Services Pvt Ltd.
·       Euro American Tele Radiology
·       Cybernet Medical Corporation

Teleradiology Market Study Global Market Analysis, Insights and Forecast, 2020-2027

    1. Introduction

    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions

    2. Executive Summary

      3. Market Dynamics

      • 3.1. Market Drivers
      • 3.2. Market Restraints
      • 3.3. Market Opportunities

      4. Key Insights

      • 4.1. Key Emerging Trends – For Major Countries
      • 4.2. Latest Technological Advancement
      • 4.3. Regulatory Landscape
      • 4.4. Industry SWOT Analysis
      • 4.5. Porters Five Forces Analysis

      5. Global Teleradiology Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 5.1. Key Findings / Summary
      • 5.2. Market Analysis, Insights and Forecast – By Product
        • 5.2.1. X-ray
        • 5.2.2. Ultrasound
        • 5.2.3. Magnetic Resonance Imaging (MRI)
        • 5.2.4. Computed Tomography (CT)
        • 5.2.5. Nuclear Imaging
      • 5.3. Market Analysis, Insights and Forecast – By End-user
        • 5.3.1. Hospitals
        • 5.3.2. Ambulatory Imaging Centers
        • 5.3.3. Radiology Clinics
      • 5.4. Market Analysis, Insights and Forecast – By Region
        • 5.4.1. North America
        • 5.4.2. Europe
        • 5.4.3. Asia Pacific
        • 5.4.4. Latin America, Middle East and Africa

      6. North America Teleradiology Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 6.1. Key Findings / Summary
      • 6.2. Market Analysis, Insights and Forecast – By Product
        • 6.2.1. X-ray
        • 6.2.2. Ultrasound
        • 6.2.3. Magnetic Resonance Imaging (MRI)
        • 6.2.4. Computed Tomography (CT)
        • 6.2.5. Nuclear Imaging
      • 6.3. Market Analysis, Insights and Forecast – By End-user
        • 6.3.1. Hospitals
        • 6.3.2. Ambulatory Imaging Centers
        • 6.3.3. Radiology Clinics
      • 6.4. Market Analysis, Insights and Forecast – By Country
        • 6.4.1. U.S.
        • 6.4.2. Canada

      7. Europe Teleradiology Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 7.1. Key Findings / Summary
      • 7.2. Market Analysis, Insights and Forecast – By Product
        • 7.2.1. X-ray
        • 7.2.2. Ultrasound
        • 7.2.3. Magnetic Resonance Imaging (MRI)
        • 7.2.4. Computed Tomography (CT)
        • 7.2.5. Nuclear Imaging
      • 7.3. Market Analysis, Insights and Forecast – By End-user
        • 7.3.1. Hospitals
        • 7.3.2. Ambulatory Imaging Centers
        • 7.3.3. Radiology Clinics
      • 7.4. Market Analysis, Insights and Forecast – By Country
        • 7.4.1. UK
        • 7.4.2. Germany
        • 7.4.3. France
        • 7.4.4. Italy
        • 7.4.5. Spain
        • 7.4.6. Russia
        • 7.4.7. Rest of Europe

      8. Asia Pacific Teleradiology Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 8.1. Key Findings / Summary
      • 8.2. Market Analysis, Insights and Forecast – By Product
        • 8.2.1. X-ray
        • 8.2.2. Ultrasound
        • 8.2.3. Magnetic Resonance Imaging (MRI)
        • 8.2.4. Computed Tomography (CT)
        • 8.2.5. Nuclear Imaging
      • 8.3. Market Analysis, Insights and Forecast – By End-user
        • 8.3.1. Hospitals
        • 8.3.2. Ambulatory Imaging Centers
        • 8.3.3. Radiology Clinics
      • 8.4. Market Analysis, Insights and Forecast – By Country
        • 8.4.1. China
        • 8.4.2. India
        • 8.4.3. Japan
        • 8.4.4. Australia
        • 8.4.5. South East Asia
        • 8.4.6. Rest of Asia Pacific

      9. Latin America, Middle East and Africa Teleradiology Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 9.1. Key Findings / Summary
      • 9.2. Market Analysis, Insights and Forecast – By Product
        • 9.2.1. X-ray
        • 9.2.2. Ultrasound
        • 9.2.3. Magnetic Resonance Imaging (MRI)
        • 9.2.4. Computed Tomography (CT)
        • 9.2.5. Nuclear Imaging
      • 9.3. Market Analysis, Insights and Forecast – By End-user
        • 9.3.1. Hospitals
        • 9.3.2. Ambulatory Imaging Centers
        • 9.3.3. Radiology Clinics
      • 9.4. Market Analysis, Insights and Forecast – By Country
        • 9.4.1. Brazil
        • 9.4.2. Saudi Arabia
        • 9.4.3. UAE
        • 9.4.4. Rest of LAMEA

      10. Competitive Analysis

      • 10.1. Company Market Share Analysis, 2018
      • 10.2. Key Industry Developments
      • 10.3. Company Profile
      • 10.4. Envision Healthcare Corporation
        • 10.4.1. Business Overview
        • 10.4.2. Segment 1 & Service Offering
        • 10.4.3. Overall Revenue
        • 10.4.4. Geographic Presence
        • 10.4.5. Recent Development
      *Similar details will be provided for the following companies
      • 10.5. Agfa-Gevaert N.V.
      • 10.6. 4ways Healthcare Limited
      • 10.7. InHealth
      • 10.8. Teleradiology Solutions
      • 10.9. USARAD Holdings, Inc.
      • 10.10. ONRAD, Inc.
      • 10.11. TeleDiagnosys Services Pvt Ltd.
      • 10.12. Euro American Tele Radiology
      List of Figures

      Figure 1: Global Teleradiology Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
      Figure 2: Global Teleradiology Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 3: Global Teleradiology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 4: Global Teleradiology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 5: Global Teleradiology Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 6: Global Teleradiology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 7: Global Teleradiology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 8: Global Teleradiology Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 9: Global Teleradiology Market Forecast (USD Billion), by Others, 2016-2027
      Figure 10: Global Teleradiology Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 11: Global Teleradiology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 12: Global Teleradiology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 13: Global Teleradiology Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 14: Global Teleradiology Market Forecast (USD Billion), by Others, 2016-2027
      Figure 15: Global Teleradiology Market Value (USD Billion), by Region, 2019 & 2027
      Figure 16: North America Teleradiology Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 17: North America Teleradiology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 18: North America Teleradiology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 19: North America Teleradiology Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 20: North America Teleradiology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 21: North America Teleradiology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 22: North America Teleradiology Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 23: North America Teleradiology Market Forecast (USD Billion), by Others, 2016-2027
      Figure 24: North America Teleradiology Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 25: North America Teleradiology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 26: North America Teleradiology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 27: North America Teleradiology Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 28: North America Teleradiology Market Forecast (USD Billion), by Others, 2016-2027
      Figure 29: North America Teleradiology Market Forecast (USD Billion), by U.S., 2016-2027
      Figure 30: North America Teleradiology Market Forecast (USD Billion), by Canada, 2016-2027
      Figure 31: Latin America Teleradiology Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 32: Latin America Teleradiology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 33: Latin America Teleradiology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 34: Latin America Teleradiology Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 35: Latin America Teleradiology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 36: Latin America Teleradiology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 37: Latin America Teleradiology Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 38: Latin America Teleradiology Market Forecast (USD Billion), by Others, 2016-2027
      Figure 39: Latin America Teleradiology Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 40: Latin America Teleradiology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 41: Latin America Teleradiology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 42: Latin America Teleradiology Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 43: Latin America Teleradiology Market Forecast (USD Billion), by Others, 2016-2027
      Figure 44: Latin America Teleradiology Market Forecast (USD Billion), by Brazil, 2016-2027
      Figure 45: Latin America Teleradiology Market Forecast (USD Billion), by Mexico, 2016-2027
      Figure 46: Latin America Teleradiology Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
      Figure 47: Europe Teleradiology Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 48: Europe Teleradiology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 49: Europe Teleradiology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 50: Europe Teleradiology Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 51: Europe Teleradiology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 52: Europe Teleradiology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 53: Europe Teleradiology Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 54: Europe Teleradiology Market Forecast (USD Billion), by Others, 2016-2027
      Figure 55: Europe Teleradiology Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 56: Europe Teleradiology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 57: Europe Teleradiology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 58: Europe Teleradiology Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 59: Europe Teleradiology Market Forecast (USD Billion), by Others, 2016-2027
      Figure 60: Europe Teleradiology Market Forecast (USD Billion), by U.K., 2016-2027
      Figure 61: Europe Teleradiology Market Forecast (USD Billion), by Germany, 2016-2027
      Figure 62: Europe Teleradiology Market Forecast (USD Billion), by France, 2016-2027
      Figure 63: Europe Teleradiology Market Forecast (USD Billion), by Italy, 2016-2027
      Figure 64: Europe Teleradiology Market Forecast (USD Billion), by Spain, 2016-2027
      Figure 65: Europe Teleradiology Market Forecast (USD Billion), by Russia, 2016-2027
      Figure 66: Europe Teleradiology Market Forecast (USD Billion), by Rest of Europe, 2016-2027
      Figure 67: Asia Pacific Teleradiology Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 68: Asia Pacific Teleradiology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 69: Asia Pacific Teleradiology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 70: Asia Pacific Teleradiology Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 71: Asia Pacific Teleradiology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 72: Asia Pacific Teleradiology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 73: Asia Pacific Teleradiology Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 74: Asia Pacific Teleradiology Market Forecast (USD Billion), by Others, 2016-2027
      Figure 75: Asia Pacific Teleradiology Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 76: Asia Pacific Teleradiology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 77: Asia Pacific Teleradiology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 78: Asia Pacific Teleradiology Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 79: Asia Pacific Teleradiology Market Forecast (USD Billion), by Others, 2016-2027
      Figure 80: Asia Pacific Teleradiology Market Forecast (USD Billion), by China, 2016-2027
      Figure 81: Asia Pacific Teleradiology Market Forecast (USD Billion), by India, 2016-2027
      Figure 82: Asia Pacific Teleradiology Market Forecast (USD Billion), by Japan, 2016-2027
      Figure 83: Asia Pacific Teleradiology Market Forecast (USD Billion), by Australia, 2016-2027
      Figure 84: Asia Pacific Teleradiology Market Forecast (USD Billion), by Southeast Asia, 2016-2027
      Figure 85: Asia Pacific Teleradiology Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
      Figure 86: Middle East & Africa Teleradiology Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 87: Middle East & Africa Teleradiology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 88: Middle East & Africa Teleradiology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 89: Middle East & Africa Teleradiology Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 90: Middle East & Africa Teleradiology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 91: Middle East & Africa Teleradiology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 92: Middle East & Africa Teleradiology Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 93: Middle East & Africa Teleradiology Market Forecast (USD Billion), by Others, 2016-2027
      Figure 94: Middle East & Africa Teleradiology Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 95: Middle East & Africa Teleradiology Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 96: Middle East & Africa Teleradiology Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 97: Middle East & Africa Teleradiology Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 98: Middle East & Africa Teleradiology Market Forecast (USD Billion), by Others, 2016-2027
      Figure 99: Middle East & Africa Teleradiology Market Forecast (USD Billion), by GCC, 2016-2027
      Figure 100: Middle East & Africa Teleradiology Market Forecast (USD Billion), by South Africa, 2016-2027
      Figure 101: Middle East & Africa Teleradiology Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027 
      List of Tables
      Table 1: Global Teleradiology Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 2: Global Teleradiology Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 3: Global Teleradiology Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 4: Global Teleradiology Market Revenue (USD Billion) Forecast, by Region, 2016-2027
      Table 5: North America Teleradiology Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 6: North America Teleradiology Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 7: North America Teleradiology Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 8: North America Teleradiology Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 9: Europe Teleradiology Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 10: Europe Teleradiology Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 11: Europe Teleradiology Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 12: Europe Teleradiology Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 13: Latin America Teleradiology Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 14: Latin America Teleradiology Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 15: Latin America Teleradiology Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 16: Latin America Teleradiology Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 17: Asia Pacific Teleradiology Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 18: Asia Pacific Teleradiology Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 19: Asia Pacific Teleradiology Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 20: Asia Pacific Teleradiology Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 21: Middle East & Africa Teleradiology Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 22: Middle East & Africa Teleradiology Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 23: Middle East & Africa Teleradiology Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 24: Middle East & Africa Teleradiology Market Revenue (USD Billion) Forecast, by Country, 2016-2027

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