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Teleradiology Market By Application (Picture Archiving and Communication System, Radiology Information System), Modality (X-Ray Teleradiology, Ultrasound Teleradiology, CT Teleradiology, MRI Teleradiology, Nuclear Imaging Teleradiology) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 - 2023

Teleradiology is defined as the electronic transmission of radiologic images for the purpose of consultation and interpretation. Thus, teleradiology allows prompt and timely interpretation of imaging reports and offers greater access to multiple consultations. Efficient use of teleradiology also offers remote diagnosis and monitoring and cost efficiency in the long run.

For the purpose of this report, the global teleradiology market is segmented based on imaging modalities, applications and geographic distribution. Based on imaging modalities, this market is sub-divided into X-ray teleradiology, ultrasound teleradiology, CT teleradiology, MRI teleradiology, and nuclear imaging teleradiology. Picture Archiving and Communication System (PACS) and Radiology Information System (RIS) are the application areas of teleradiology analyzed in this report. Global and regional market size and forecast in terms of USD Mn, for the considered segments are presented in this report for the period 2014-2023, along with respective CAGRs for the forecast period 2016-2023.

Healthcare providers, patients, payers are considered as the prime end-users of teleradiology. Geographically, the global teleradiology market is studied for the following regional markets:

North America

a.    U.S.

b.    Canada

Europe

a.    U.K.

b.    Germany

c.    Rest of Europe

Asia-Pacific

a.    Japan

b.    China

c.    Rest of Asia-Pacific

Middle East and Africa

Latin America

The market size and forecast for the period 2014-2023 along with the CAGRs for the period 2016-2023 for the mentioned segments are also presented in this study. Apart from the cumulative presentation, market size and forecast for imaging modalities and applications for individual country level markets are also provided in this report.

Qualitative information sets such as market dynamics (drivers, challenges, future prospects) and market inclination insights are provided in this market assessment report. Tools such as competition assessment and attractive investment proposition are also included in this study for assessment of market competition. The report concludes with company profiles section that highlights key information about the major market players operating in the global teleradiology market.

Teleradiology Market

Picture archiving and communication system (PACS) and radiology information system (RIS) form the major applications of teleradiology studied in this report.     

Teleradiology Market

Radiology information systems are software solutions that facilitate storage and management of radiology and imaging data such as patient scheduling, payments and report exchange among patients and physicians, hospitals and healthcare facilities. Adoption of radiology information systems in safeguard data security, administration integrity, efficient data processing with multi-site information access. Efficient incorporation of radiology information system also allows for imaging process workflow and enhances efficient diagnosis, monitoring ad treatment of chronic and end-stage diseases. Growing prevalence of chronic conditions such as cancer has urged the demand for imaging diagnosis and monitoring, and thus the need for a platform that consolidates patients, healthcare providers and other intermediaries. Efficient incorporation and implementation of radiology information systems allow for systematic cost and operation control in long-term use.

Based on geographical segmentation, the global teleradiology market is studied for:

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • Rest of Asia-Pacific
  • Latin America
  • Middle East and Africa

 

Teleradiology Market

This report presents the cumulative market size for each mentioned regional and individual country-level markets for teleradiology. Additionally, country level market size for modality types and application are also included in this study. At present, North America and Europe lead the global market in terms of revenue. Government guidelines for digitization of healthcare records and high rate of adoption of advanced technologies in Western Europe are the prime contributors to the dominance of these regions. Asia-Pacific will witness the fastest market growth during the forecast period owing to growing awareness, rapid evolution of healthcare infrastructure and flourishing medical tourism industry in the region. Awareness about the proven benefits of teleradiology in remote counselling will further support the growth of teleradiology market in Asia-Pacific and Middle East and Africa markets.

Based on the imaging modalities, the global teleradiology market is classified as:

1.   X-Ray Teleradiology

2.   Ultrasound Teleradiology

3.   CT Teleradiology

4.   MRI Teleradiology

5.   Nuclear Imaging Teleradiology

Teleradiology Market

Among the considered imaging modalities X-ray teleradiology currently dominates the market with approximately one-third of the market share in 2015. Wide application of X-ray across areas such as fracture detection, tumor detection, dental injuries and periodic disease monitoring drive the demand for X-ray imaging. Growing preference for bedside imaging and core diagnostics further allow for the growth of this segment. CT and MRI teleradiology are the fastest growing modalities in this market. The demand for CT and MRI technologies due to their precision and increasing affordability, and their easy pairing with software for convenient and rapid data sharing are the prime factors driving the growth of these segments.

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Published Date:  Jun 2016
Category:  Healthcare
Report ID:   57926
Report Format:   PDF
Pages:   120
Rating:    4.4 (65)
Delivery Time: 24 Hours to 48 Hours   
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