According to National Institute of Cancer, 448.7 new cancer cases per
100,000 men and women are diagnosed each year in the US. Taking into
account the gravity of such details, the demand for teleradiology is
expected to surge not just in the US, but in regions witnessing
higher concurrence of cancer. In its latest report, Future Market
Insights assesses that the global demand for teleradiology will soar
vigorously in the years to come. And, the report projects that
largest share of global teleradiology revenues will be emanating from
the US alone. The country will not only account for dominance of
North America in the global teleradiology market, but by the end of
2026, US teleradiology revenues will have closed in on US$ 5.5 Bn
value. During this period, the US teleradiology market is expected to
reflect a sizeable gain of 416 BPS, exhibiting a stellar CAGR of
22.3%.
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However, the report also anticipates higher contribution from Europe
and the Asia-Pacific excluding Japan (APEJ) region. By the end of
2026, the teleradiology market in Europe will have reached US$ 2.76
Bn in value, while teleradiology revenues accounted the APEJ region
will record fastest growth at 24.6% CAGR. European healthcare
companies such as Global Diagnostics (Integral Diagnostics), 4ways
Healthcare Limited, Medica Group PLC, Teleconsult Europe, and
Telemedicine Clinic are also observed as key market players. The
report has also profiled companies such as Everlight Radiology, SRL
Diagnostics, and Vital Radiology Services, which are based across the
APEJ region.
The report has observed that increasing consumer awareness regarding
teleradiology & easy accessibility of this technology are
boosting the market’s growth at considerable extent. Due to online
availability of the radiology series, diagnostic images of complex
problems can be shared between professionals within a medical
setting. Moreover, local clinicians or radiologists can get opinions
from subspecialists in order to make informed decision. Active
participation and initiatives taken by various government and
non-profit organizations to spread awareness regarding telemedicine
worldwide is also expected to fuel growth of the global teleradiology
market.
A majority of teleradiologists will be preferring CT-scan as the
modality for diagnosis, revenues from which are expected to surge at
23.6% CAGR. MRI scan and ultrasound scans will also be prominent
modes of carrying out teleradiological diagnosis. While hospitals &
clinics, collectively, will remain the largest end-users of
teleradiology, the demand for such diagnostic technology is expected
to gain traction across ambulatory surgical centres (ASCs). By
2026-end, ASCs will account for an estimated 30% share of global
teleradiology revenues.
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Summary of Table of Content
1. Executive Summary
2. Market Introduction
3. Teleradiology Market Analysis Scenario
4. Global Teleradiology Market Dynamics
5. Global Teleradiology Market Analysis and Forecast, By Modality
6. Global Teleradiology Market Analysis and Forecast, By End Users
7. Global Teleradiology Market Analysis and Forecast, By Region
8. US Teleradiology Market Analysis and Forecast, By Modality
9. US Teleradiology Market Analysis and Forecast, By End Users
10. OUS Teleradiology Market Analysis and Forecast, By Modality
11. OUS Teleradiology Market Analysis and Forecast, By End Users
12. OUS Teleradiology Market Analysis and Forecast, By Region
13. Europe Teleradiology Market Analysis and Forecast, By Country
14. Competition Landscape
15. Assumptions and Acronyms Used
16. Research Methodology
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