Global Teleradiology Market Report, History and Forecast 2014-2025, Breakdown Data by Companies, Key Regions, Types and Application

Summary

Teleradiology is the technique that enables to obtain images in one location, transmit them over a distance, and view them remotely for diagnostic or consultative purposes using electronic transmission devices. Teleradiology allows more timely interpretation of radiologic images in case of emergency, shortage or unavailability of the radiologist. Users at different locations can view images simultaneously. Teleradiology allows radiologic consultation without on-site radiologic support. Teleradiology is of prime importance in diagnosis, consultation and education of students, doctors and paramedical staff, scientific research, administration, management, planning and improvement of public health.
The key factors that drive the growth of teleradiology market are advancements in medical digital technology, rapid interpretation of images in an emergency situations remotely, and rise in the number of chronic diseases such as congestive heart failure, orthopedic injuries, and others. In addition, latest IT infrastructure and rise in healthcare expenditure caters to the market growth. However, low availability of broadband networks and dearth of skilled professionals majorly restraint the market growth. Development of low power consuming, wireless, and portable x-ray technologies are expected to provide numerous opportunities for market growth during the forecast period.
While the market has mostly positive growth prospects, the cost-intensive nature of the teleradiology industry owing to the high costs of technologically advanced medical imaging machines central to teleradiology setups remains one of the toughest challenges for the market. This factor, coupled with the sorry state of broadband networks in several emerging markets and rural dwellings could hamper the growth prospects of the market to a certain extent in the next few years.
The Americas dominated the teleradiology market and accounted for almost 50% of the overall market share. The teleradiology market in this region is primarily driven by the presence of well-equipped hospitals and healthcare institutions, and their acceptance of new healthcare technologies. Factors such as a rise in healthcare initiatives by the governments and increased funding to boost R&D in teleradiology will positively impact the market growth in the region by 2023.
In 2018, the global Teleradiology market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% between 2019 and 2025.

This report studies the Teleradiology market size by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

This report focuses on the global top players, covered
Agfa HealthCare
Siemens Healthcare
StatRad
vRad
...

Market segment by Regions/Countries, this report covers
North America
Europe
China
Rest of Asia Pacific
Central & South America
Middle East & Africa

Market segment by Type, the product can be split into
X-Ray
CT
Ultrasound
MRI
Nuclear Imaging

Market segment by Application, the market can be split into
Cardiology
Neurology
Oncology
Musculoskeletal
Gastroenterology
Others

The study objectives of this report are:
To study and forecast the market size of Teleradiology in global market.
To analyze the global key players, SWOT analysis, value and global market share for top players.
To define, describe and forecast the market by type, end use and region.
To analyze and compare the market status and forecast among global major regions.
To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of Teleradiology are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Key Stakeholders
Raw material suppliers
Distributors/traders/wholesalers/suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
End-use industries

Available Customizations
With the given market data, offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Teleradiology market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.