Teleradiology Trends and Forecast
The future of the global teleradiology market looks promising with opportunities in the hospitals and clinics, diagnostic imaging center and laboratories, long term care centers, nursing homes, and assisted living facilities markets. The global teleradiology market is expected to reach an estimated $21.9 billion by 2030 with a CAGR of 15.3% from 2024 to 2030. The major drivers for this market are need for advanced teleradiology solutions and rising number of advanced imaging procedures.Teleradiology by Segment
The study includes a forecast for the global teleradiology by product and services, imaging technique, end use, and region.Teleradiology Market by Product and Services [Shipment Analysis by Value from 2018 to 2030]
- Teleradiology Services
- Software
Teleradiology Market by Imaging Technique [Shipment Analysis by Value from 2018 to 2030]
- CT
- MRI
- Ultrasound
- X-Ray
- Mammography
- Nuclear Imaging
- Fluoroscopy
Teleradiology Market by End Use [Shipment Analysis by Value from 2018 to 2030]
- Hospitals and Clinics
- Diagnostic Imaging Center and Laboratories
- Long Term Care Centers, Nursing Homes, Assisted Living Facilities
- Others
Teleradiology Market by Region [Shipment Analysis by Value from 2018 to 2030]
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Teleradiology Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies teleradiology companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the teleradiology companies profiled in this report include-- Philips Healthcare
- GE Healthcare
- Medica
- Cerner Corporation
Teleradiology Market Insights
The publisher forecasts that CT will remain the largest segment over the forecast period due to growing need for effective and early diagnosis.Within this market, hospitals and clinics will remain the largest segment due to rising number of diagnostic imaging procedures.
APAC is expected to witness highest growth over the forecast period due to rowing awareness about the benefits of early disease diagnosis.
Features of the Global Teleradiology Market
- Market Size Estimates: Teleradiology market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Teleradiology market size by product and services, imaging technique, end use, and region in terms of value ($B).
- Regional Analysis: Teleradiology market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different product and services, imaging technique, end use, and regions for the teleradiology market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the teleradiology market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the teleradiology market size?Answer: The global teleradiology market is expected to reach an estimated $21.9 billion by 2030.
Q2. What is the growth forecast for teleradiology market?
Answer: The global teleradiology market is expected to grow with a CAGR of 15.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the teleradiology market?
Answer: The major drivers for this market are need for advanced teleradiology solutions and rising number of advanced imaging procedures.
Q4. What are the major segments for teleradiology market?
Answer: The future of the teleradiology market looks promising with opportunities in the hospitals and clinics, diagnostic imaging center and laboratories, long term care centers, nursing homes, and assisted living facilities markets.
Q5. Who are the key teleradiology market companies?
Answer: Some of the key teleradiology companies are as follows:
- Philips Healthcare
- GE Healthcare
- Medica
- Cerner Corporation
Answer: The publisher forecasts that CT will remain the largest segment over the forecast period due to growing need for effective and early diagnosis.
Q7. In teleradiology market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rowing awareness about the benefits of early disease diagnosis.
Q.8 Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the teleradiology market by product and services (teleradiology services and software), imaging technique (ct, mri, ultrasound, x-ray, mammography, nuclear imaging, and fluoroscopy), end use (hospitals and clinics, diagnostic imaging center and laboratories, long term care centers, nursing homes, assisted living facilities, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Teleradiology Market: Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- Philips Healthcare
- GE Healthcare
- Medica
- Cerner Corporation
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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