Teleradiology Services Market Size, Top Countries Data, Industry Share, Company Overview, Industrial Statistics, Regional Economy, Development and Forecast to 2027

by Emergen Research · February 27, 2022

The global Teleradiology Services Market is expected to reach USD 32.34 Billion by 2027, according to a new report by Emergen Research. The growth of this market can be attributed to the favorable government initiatives regarding the adoption of teleradiology in order to provide early disease diagnosis. Besides, the application of modern-day technologies such as the adoption of cloud-based technologies, blockchain, and cryptocurrencies will lead to better efficiency and cost-effective solutions. Increasing Investments for the development of advanced solutions is augmenting the demand for the industry.

The Global Teleradiology Services Market report offers a comprehensive analysis of the Teleradiology Services market with regards to the current and emerging trends, regional outlook, competitive landscape, and forecast estimation for revenue and market share. The report is an all-inclusive document providing important details focusing on growth statistics, estimation of revenue shares and growth, market valuation, and also emphasizes the competitive landscape, business opportunities, and strategic alliances and approaches undertaken by the dominant industry players.

The report is updated with the COVID-19 crisis and its subsequent impact on the economic scenario. The crisis has resulted in a drastic change in the economic landscape on a global level. The report also provides a study about COVID-19 impact on the market size and the present and future impact of the COVID-19 pandemic.

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Key Highlights From The Report

The Hospitals & clinics segment dominated the market with a share of 54.6% in 2019 due to the growing adoption of teleradiology services by the hospitals & Clinics. Due to the pandemic, there is a shortage of radiologists, which have led to the increasing adoption of diagnostic imaging procedures in order to maintain workflow and increase efficiency.
The software segment is expected to experience the highest CAGR over the forecast period due to the growing demand for healthcare software to increase data transparency and improve patient outcomes.

Key participants include Philips Healthcare, Teleradiology Solutions, USRAD Holdings, Inc., Everlight Radiology, MEDNAX, Inc., ONRAD, Inc., AGFA Healthcare, RAMSOFT, Inc., Telediagnostic Solutions PVT. LTD. and CARESTREAM HEALTH, Inc., among others.

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Regional Analysis:

The report sheds light on the region expected to dominate the Teleradiology Services market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the Teleradiology Services market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.

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Emergen Research has segmented the global Teleradiology Services Market on the basis of Imaging Technique, End-Users, Products and Services, and region:

Imaging Technique Outlook (Revenue, USD Billion; 2017-2027)
- Magnetic resonance imaging (MRI)
- Computed tomography (CT)
- X-Rays
- Ultrasound
- Mammography
- Others

End-Users Outlook (Revenue, USD Billion; 2017-2027)
- Diagnostic Centers
- Hospitals & Clinics
- Others

Products and Services Outlook (Revenue, USD Billion; 2017-2027)
- Software
- Hardware
- Teleradiology services

Key Questions Answered by the Report:

Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the Teleradiology Services market?
What are the key product types and applications of the Teleradiology Services industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
How is the competitive landscape of the Teleradiology Services market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the Teleradiology Services Market by 2027?

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