Global Teleradiology Market by Products & Services (Services, Hardware, Software (PACS, RIS)), Imaging Technique (MRI, CT, X-ray, Ultrasound, Mammography, and Nuclear Imaging), End User and Region - Industry Analysis and Forecast to 2024
The global teleradiology market is expected to grow from USD 7.24 billion in 2019 to USD 21.5 billion by 2024 at a CAGR of 23%.
This market research report provides an in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global teleradiology market. The historic years considered for the study are 2015-2017, base year is 2018, estimated year is 2019, and forecast period is 2020-2024.
Key players operating in the global teleradiology market are Philips Healthcare, Cerner Corporation, Siemens Healthineers, McKesson Corporation, FUJIFILM Holdings Corporation, Agfa Healthcare, MEDNAX Services, Inc., ONRAD Inc., RamSoft Inc., Novarad Corporation, TeleDiagnostic Solutions Pvt. Ltd., Teleradiology Solutions, Telerad Tech, StatRad LLC, MedWeb LLC, WebRad TeleRadiology, Nautilus Medical , Carestream Health Inc., USARAD Holdings, Inc., and Everlight Radiology.
Market Definition
Teleradiology solutions are used to improve the efficiency of diagnostic imaging by optimizing and simplifying radiology with correct reads and reduced human errors. Worldwide outbreak of COVID-19 has put all medical practices are under immense pressure, and healthcare providers rely on teleradiology solutions treat patients effectively. The industry is facing technological issues such as internet connectivity and data breech.
Market Drivers
• Increase in associated illness and adoption of cloud-based solutions
Market Restraints
• Shortage of healthcare professionals
Market Opportunities
• Progressing R&D and application of AI.
Critical Questions Answered in the Report
What are the key trends in the global teleradiology market?
How the market (and its various sub segments) has grown in last four years and what would be the growth rate in next five years?
What are the key strategies adopted by the major vendors to lead in the global teleradiology market?
What is the market share of the top vendors?
The study extensively uses both secondary and primary research methodologies. More than 100 industry experts from different phases of the value chain (supply side, demand side, resellers/distributors, and independent consultants) were interviewed to gain key insights about the market and validate the research findings. Secondary sources referred for the research study include company websites, annual reports, paid database tools, investor presentations, webinars, blogs, news/journals, whitepapers, survey papers, associations, and government websites. All the collected data and insights were then processed using our proprietary data mining software that executes various algorithms to make projections for the forecast period.
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Architecture
2.3 Scope of the Study
2.4 Related Stakeholders
3 Research Methodology
3.1 Introduction
3.2 Primary Research
3.2.1 Key Insights
3.2.2 Breakdown of Primary Interviews
3.3 Secondary Research
3.3.1 Important Sources
3.4 Market Size Estimation Approaches
3.4.1 Top-Down Approach
3.4.2 Bottom-Up Approach
3.4.3 Data Triangulation
3.5 List of Assumptions
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Increase in associated illness and adoption of cloud-based solutions
4.3 Restraints
4.3.1 Shortage of healthcare professionals
4.4 Opportunities
4.4.1 Progressing R&D and application of AI.
4.5 Porter's Five Forces Model Analysis
4.6 Value Chain Analysis
4.7 Regulatory Landscape
5 Global Teleradiology Market, By Products & Services
5.1 Introduction
5.2 Services
5.3 Hardware
5.4 Software (PACS, RIS)
6 Global Teleradiology Market, By Imaging Technique
6.1 Introduction
6.2 MRI
6.3 CT
6.4 X-ray
6.5 Ultrasound
6.6 Mammography
6.7 Nuclear Imaging
7 Global Teleradiology Market, By End User
7.1 Introduction
7.2 Hospitals,
7.3 Diagnostic Centers & Laboratories
8 Global Teleradiology Market, By Region
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 France
8.3.4 Italy
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia-Pacific
8.4.1 China
8.4.2 India
8.4.3 Japan
8.4.4 South Korea
8.4.5 Rest of Asia-Pacific
8.5 Middle East and Africa
8.6 South America
9 Competitive Landscape
9.1 Introduction
9.2 Vendor Evaluation Criteria
9.3 Market Share Analysis, 2019 (%)
9.4 Recent Developments, 2016-2019
9.4.1 New Imaging Technique Launches
9.4.2 Partnerships
9.4.3 Mergers or Acquisitions
9.4.4 Business Expansions
10 Company Profiles
(This section covers the Business Overview, Financial Overview, Imaging Technique and Service Offerings, Recent Developments, SWOT Analysis, and Key Strategies of the top market vendors. The given sequence does not represent their rankings in the market.)
10.1 Philips Healthcare
10.2 Cerner Corporation
10.3 Siemens Healthineers
10.4 McKesson Corporation
10.5 FUJIFILM Holdings Corporation
10.6 Agfa Healthcare
10.7 MEDNAX Services, Inc.
10.8 ONRAD Inc.
10.9 RamSoft Inc.
10.10 Novarad Corporation
10.11 TeleDiagnostic Solutions Pvt. Ltd.
10.12 Teleradiology Solutions
10.13 Telerad Tech
10.14 StatRad LLC
10.15 MedWeb LLC
10.16 WebRad TeleRadiology
10.17 Nautilus Medical
10.18 Carestream Health Inc.
10.19 USARAD Holdings, Inc.
10.20 Everlight Radiology
11 Appendix
11.1 Discussion Guide
11.2 Customization Options
11.3 Related Reports
List of Tables
Table 1 Global Teleradiology Market, By Products & Services, 2015-2024 (USD Million)
Table 2 Global Teleradiology Market, By Imaging Technique, 2015-2024 (USD Million)
Table 3 Global Teleradiology Market, By End User, 2015-2024 (USD Million)
Table 4 Global Teleradiology Market, By Region, 2015-2024 (USD Million)
Table 5 North America Teleradiology Market, By Country, 2015-2024 (USD Million)
Table 6 North America Teleradiology Market, By Products & Services, 2015-2024 (USD Million)
Table 7 North America Teleradiology Market, By Imaging Technique, 2015-2024 (USD Million)
Table 8 North America Teleradiology Market, By End User, 2015-2024 (USD Million)
Table 9 US Teleradiology Market, By Products & Services, 2015-2024 (USD Million)
Table 10 US Teleradiology Market, By Imaging Technique, 2015-2024 (USD Million)
Table 11 US Teleradiology Market, By End User, 2015-2024 (USD Million)
Table 12 Canada Teleradiology Market, By Products & Services, 2015-2024 (USD Million)
Table 13 Canada Teleradiology Market, By Imaging Technique, 2015-2024 (USD Million)
Table 14 Canada Teleradiology Market, By End User, 2015-2024 (USD Million)
Table 15 Mexico Teleradiology Market, By Products & Services, 2015-2024 (USD Million)
Table 16 Mexico Teleradiology Market, By Imaging Technique, 2015-2024 (USD Million)
Table 17 Mexico Teleradiology Market, By End User, 2015-2024 (USD Million)
Table 18 Europe Teleradiology Market, By Country, 2015-2024 (USD Million)
Table 19 Europe Teleradiology Market, By Products & Services, 2015-2024 (USD Million)
Table 20 Europe Teleradiology Market, By Imaging Technique, 2015-2024 (USD Million)
Table 21 Europe Teleradiology Market, By End User, 2015-2024 (USD Million)
Table 22 Germany Teleradiology Market, By Products & Services, 2015-2024 (USD Million)
Table 23 Germany Teleradiology Market, By Imaging Technique, 2015-2024 (USD Million)
Table 24 Germany Teleradiology Market, By End User, 2015-2024 (USD Million)
Table 25 UK Teleradiology Market, By Products & Services, 2015-2024 (USD Million)
Table 26 UK Teleradiology Market, By Imaging Technique, 2015-2024 (USD Million)
Table 27 UK Teleradiology Market, By End User, 2015-2024 (USD Million)
Table 28 France Teleradiology Market, By Products & Services, 2015-2024 (USD Million)
Table 29 France Teleradiology Market, By Imaging Technique, 2015-2024 (USD Million)
Table 30 France Teleradiology Market, By End User, 2015-2024 (USD Million)
Table 31 Italy Teleradiology Market, By Products & Services, 2015-2024 (USD Million)
Table 32 Italy Teleradiology Market, By Imaging Technique, 2015-2024 (USD Million)
Table 33 Italy Teleradiology Market, By End User, 2015-2024 (USD Million)
Table 34 Spain Teleradiology Market, By Products & Services, 2015-2024 (USD Million)
Table 35 Spain Teleradiology Market, By Imaging Technique, 2015-2024 (USD Million)
Table 36 Spain Teleradiology Market, By End User, 2015-2024 (USD Million)
Table 37 Rest of Europe Teleradiology Market, By Products & Services, 2015-2024 (USD Million)
Table 38 Rest of Europe Teleradiology Market, By Imaging Technique, 2015-2024 (USD Million)
Table 39 Rest of Europe Teleradiology Market, By End User, 2015-2024 (USD Million)
Table 40 Asia-Pacific Teleradiology Market, By Country, 2015-2024 (USD Million)
Table 41 Asia-Pacific Teleradiology Market, By Products & Services, 2015-2024 (USD Million)
Table 42 Asia-Pacific Teleradiology Market, By Imaging Technique, 2015-2024 (USD Million)
Table 43 Asia-Pacific Teleradiology Market, By End User, 2015-2024 (USD Million)
Table 44 China Teleradiology Market, By Products & Services, 2015-2024 (USD Million)
Table 45 China Teleradiology Market, By Imaging Technique, 2015-2024 (USD Million)
Table 46 China Teleradiology Market, By End User, 2015-2024 (USD Million)
Table 47 India Teleradiology Market, By Products & Services, 2015-2024 (USD Million)
Table 48 India Teleradiology Market, By Imaging Technique, 2015-2024 (USD Million)
Table 49 India Teleradiology Market, By End User, 2015-2024 (USD Million)
Table 50 Japan Teleradiology Market, By Products & Services, 2015-2024 (USD Million)
Table 51 Japan Teleradiology Market, By Imaging Technique, 2015-2024 (USD Million)
Table 52 Japan Teleradiology Market, By End User, 2015-2024 (USD Million)
Table 53 South Korea Teleradiology Market, By Products & Services, 2015-2024 (USD Million)
Table 54 South Korea Teleradiology Market, By Imaging Technique, 2015-2024 (USD Million)
Table 55 South Korea Teleradiology Market, By End User, 2015-2024 (USD Million)
Table 56 Rest of Asia-Pacific Teleradiology Market, By Products & Services, 2015-2024 (USD Million)
Table 57 Rest of Asia-Pacific Teleradiology Market, By Imaging Technique, 2015-2024 (USD Million)
Table 58 Rest of Asia-Pacific Teleradiology Market, By End User, 2015-2024 (USD Million)
Table 59 Middle East and Africa Teleradiology Market, By Products & Services, 2015-2024 (USD Million)
Table 60 Middle East and Africa Teleradiology Market, By Imaging Technique, 2015-2024 (USD Million)
Table 61 Middle East and Africa Teleradiology Market, By End User, 2015-2024 (USD Million)
Table 62 South America Teleradiology Market, By Products & Services, 2015-2024 (USD Million)
Table 63 South America Teleradiology Market, By Imaging Technique, 2015-2024 (USD Million)
Table 64 South America Teleradiology Market, By End User, 2015-2024 (USD Million)
List of Figures
Figure 1 Global Teleradiology Market: Market Segmentation
Figure 2 Global Teleradiology Market: Research Methodology
Figure 3 Breakdown of Primary Interviews
Figure 4 Top Down Approach
Figure 5 Bottom Up Approach
Figure 6 Data Triangulation
Figure 7 Global Teleradiology Market: Drivers, Restraints, Opportunities, and Challenges
Figure 8 Global Teleradiology Market: Porter's Five Forces Model Analysis
Figure 9 Global Teleradiology Market: Value Chain Analysis
Figure 10 Global Teleradiology Market Share Analysis, By Products & Services, 2019 and 2024
Figure 11 Global Teleradiology Market Share Analysis, By Imaging Technique, 2019 and 2024
Figure 12 Global Teleradiology Market Share Analysis, By End User, 2019 and 2024
Figure 13 Global Teleradiology Market Share Analysis, By Region, 2019 and 2024
Figure 14 North America Teleradiology Market Share Analysis, By Country, 2019 and 2024
Figure 15 North America Teleradiology Market Share Analysis, By Products & Services, 2019 and 2024
Figure 16 North America Teleradiology Market Share Analysis, By Imaging Technique, 2019 and 2024
Figure 17 North America Teleradiology Market Share Analysis, By End User, 2019 and 2024
Figure 18 Europe Teleradiology Market Share Analysis, By Country, 2019 and 2024
Figure 19 Europe Teleradiology Market Share Analysis, By Products & Services, 2019 and 2024
Figure 20 Europe Teleradiology Market Share Analysis, By Imaging Technique, 2019 and 2024
Figure 21 Europe Teleradiology Market Share Analysis, By End User, 2019 and 2024
Figure 22 Asia-Pacific Teleradiology Market Share Analysis, By Country, 2019 and 2024
Figure 23 Asia-Pacific Teleradiology Market Share Analysis, By Products & Services, 2019 and 2024
Figure 24 Asia-Pacific Teleradiology Market Share Analysis, By Imaging Technique, 2019 and 2024
Figure 25 Asia-Pacific Teleradiology Market Share Analysis, By End User, 2019 and 2024
Figure 26 Middle East and Africa Teleradiology Market Share Analysis, By Products & Services, 2019 and 2024
Figure 27 Middle East and Africa Teleradiology Market Share Analysis, By Imaging Technique, 2019 and 2024
Figure 28 Middle East and Africa Teleradiology Market Share Analysis, By End User, 2019 and 2024
Figure 29 South America Teleradiology Market Share Analysis, By Products & Services, 2019 and 2024
Figure 30 South America Teleradiology Market Share Analysis, By Imaging Technique, 2019 and 2024
Figure 31 South America Teleradiology Market Share Analysis, By End User, 2019 and 2024
Figure 32 Global Teleradiology Market: Competitive Benchmarking
Figure 33 Global Teleradiology Market: Vendor Share Analysis, 2019 (%)