The Asia Pacific teleradiology services market was valued at US$ 505.03 million in 2022 and is expected to reach US$ 1.78 billion by 2030; it is estimated to register a CAGR of 17.1% from 2022 to 2030.
These services have been extensively informative and can be used for a variety of purposes across single condition and cluster condition management, including allowing healthcare professionals to track and monitor patient progress remotely, improving self-management of chronic conditions, assisting in the early detection of abnormalities, and accelerating symptom identification and clinical diagnoses. Further, IoT-powered apps have the potential to make better use of healthcare resources while providing high-quality, low-cost medical treatment. For instance, the Mobile MIM app was the first medical app in Apple's App Store.
It is used to view, register, fuse, and show medical images from SPECT, PET, CT, MRI, X-ray, and ultrasound examinations for diagnosis purposes. Mobile MIM enhances physicians' access to pictures and allows them to consult with peers by providing wireless and portable access to medical images. AI can assist in creating an inbuilt system that prioritizes cases based on protocol requirements. For example, cases of stroke and trauma can be prioritized and assigned to the Radiologist's work lists, thereby saving many lives.
An integrated cloud-based RIS/PACS platform incorporating AI capabilities will help radiologists review the cases automatically and simultaneously. With faster turnaround times, reduced radiologist burnout, and fewer errors, AI-powered and IoT-powered teleradiology platforms are expected to improve radiology interpretation and provide faster reports.
According to the study published by Elsevier, 17.8 million cases of stroke, 3.4 million new strokes, and 2.3 million stroke-related deaths were reported in 2020. As per the data released by the World Health Organization in April 2020, in China, there were ~4,568,754 new cancer cases and 3,002,899 deaths due to cancer. According to a study published in 2023 in the Journal of the American Medical Association, chronic kidney disease (CKD) prevalence in people aged 18 years or older in Mainland China is recorded at 8.2%.
Moreover, the latest data from the International Agency for Research on Cancer (IARC) indicates that the estimated age-standardized rate (ASR) for stomach cancer in China is 21 per 100,000, and the crude rate is 33.06; for pancreatic cancer, the ASR is 5 per 100,000 with the crude rate of 8.6. As per the same source, the estimated number of new cases of stomach cancer and pancreatic cancer in people aged 0-74 in 2020 (for both sexes) was 478,508 and 124,994, respectively. Thus, the high burden of chronic diseases propels the demand for teleradiology services in China.
Adoption of Artificial Intelligence (AI) in Teleradiology Boosts Asia Pacific Teleradiology Services Market
Although it is difficult in the near term to create and train the number of radiologists required to meet the demand, the adoption of smart solutions and newer technologies, such as AI and Internet of Things (IoT), can be the key to the next breakthrough in patient care. During 2011-2020, a significantly larger number of devices were connected to the Internet than ever before, and this trend will continue steadily in the coming decades as well. The emergence of the IoT has propelled the development of various health practices aimed at improving population health.These services have been extensively informative and can be used for a variety of purposes across single condition and cluster condition management, including allowing healthcare professionals to track and monitor patient progress remotely, improving self-management of chronic conditions, assisting in the early detection of abnormalities, and accelerating symptom identification and clinical diagnoses. Further, IoT-powered apps have the potential to make better use of healthcare resources while providing high-quality, low-cost medical treatment. For instance, the Mobile MIM app was the first medical app in Apple's App Store.
It is used to view, register, fuse, and show medical images from SPECT, PET, CT, MRI, X-ray, and ultrasound examinations for diagnosis purposes. Mobile MIM enhances physicians' access to pictures and allows them to consult with peers by providing wireless and portable access to medical images. AI can assist in creating an inbuilt system that prioritizes cases based on protocol requirements. For example, cases of stroke and trauma can be prioritized and assigned to the Radiologist's work lists, thereby saving many lives.
An integrated cloud-based RIS/PACS platform incorporating AI capabilities will help radiologists review the cases automatically and simultaneously. With faster turnaround times, reduced radiologist burnout, and fewer errors, AI-powered and IoT-powered teleradiology platforms are expected to improve radiology interpretation and provide faster reports.
Asia Pacific Teleradiology Services Market Overview
The teleradiology services market in Asia Pacific is sub segmented into India, China, Japan, Australia, South Korea, and the Rest of Asia Pacific. Rising geriatric population; increasing chronic diseases; growing research activities and technological advancements; and surging number of startups, biotechnology, and biopharmaceutical companies are the factors favoring the market progress in this region. The rising prevalence of neurological diseases and the growing adoption of teleradiology services are boosting the market growth. China has experienced a significant rise in the elderly population. Stroke is the leading cause of death among older people across the country.According to the study published by Elsevier, 17.8 million cases of stroke, 3.4 million new strokes, and 2.3 million stroke-related deaths were reported in 2020. As per the data released by the World Health Organization in April 2020, in China, there were ~4,568,754 new cancer cases and 3,002,899 deaths due to cancer. According to a study published in 2023 in the Journal of the American Medical Association, chronic kidney disease (CKD) prevalence in people aged 18 years or older in Mainland China is recorded at 8.2%.
Moreover, the latest data from the International Agency for Research on Cancer (IARC) indicates that the estimated age-standardized rate (ASR) for stomach cancer in China is 21 per 100,000, and the crude rate is 33.06; for pancreatic cancer, the ASR is 5 per 100,000 with the crude rate of 8.6. As per the same source, the estimated number of new cases of stomach cancer and pancreatic cancer in people aged 0-74 in 2020 (for both sexes) was 478,508 and 124,994, respectively. Thus, the high burden of chronic diseases propels the demand for teleradiology services in China.
Asia Pacific Teleradiology Services Market Segmentation
The Asia Pacific teleradiology services market is categorized into deployment type, modality, application, end user, and country.- Based on deployment type, the Asia Pacific teleradiology services market is bifurcated into cloud-based and web-based. The cloud-based segment held a larger Asia Pacific teleradiology services market share in 2022.
- In terms of modality, the Asia Pacific teleradiology services market is segmented into MRI, CT-scan, X-ray, ultrasound, and others. The CT-scan segment held the largest Asia Pacific teleradiology services market share in 2022.
- By application, the Asia Pacific teleradiology services market is divided into musculoskeletal system, gastroenterology, cardiology, oncology, neurology, and others. The musculoskeletal system segment held the largest Asia Pacific teleradiology services market share in 2022.
- In terms of end user, the Asia Pacific teleradiology services market is categorized into hospitals and clinics, diagnostic and imaging centers, others. The hospitals and clinics segment held the largest Asia Pacific teleradiology services market share in 2022.
- By country, the Asia Pacific teleradiology services market is segmented into China, Japan, Australia, India, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific teleradiology services market share in 2022.
Table of Contents
1. Introduction
2. Executive Summary
3. Research Methodology
4. Asia Pacific Teleradiology Services Market - Key Market Dynamics
5. Teleradiology Services Market - Asia Pacific Market Analysis
6. Asia Pacific Teleradiology Services Market Analysis - by Deployment Type
7. Asia Pacific Teleradiology Services Market Analysis - by Modality
8. Asia Pacific Teleradiology Services Market Analysis - by Application
9. Asia Pacific Teleradiology Services Market Analysis - by End User
10. Asia Pacific Teleradiology Services Market - Country Analysis
11. Company Profiles
12. Appendix
Companies Mentioned
- Aster Medical Imaging LLC
- medavis GmbH
- Teleradiology Solutions Inc
- TeleDiagnosys LLC
- Agilus Diagnostics Ltd
