Teleradiology Software Market Size, Share & Trends Analysis Report By Type (Radiology Information System, Picture Archive And Communication System, Vendor Neutral Archive), By Deployment, By Region, And Segment Forecasts, 2023 - 2030
Teleradiology Software Market Size, Share & Trends Analysis Report By Type (Radiology Information System, Picture Archive And Communication System, Vendor Neutral Archive), By Deployment, By Region, And Segment Forecasts, 2023 - 2030
Teleradiology Software Market Growth & Trends
The global teleradiology software market size is expected to reach USD 3.97 billion by 2030, expanding at a CAGR of 10.3% from 2023 to 2030, according to a new report by Grand View Research, Inc. Shortage of radiologists in countries such as U.S. and India is one of the prominent growth drivers.
Rising prevalence of cancer, heart disease, bone disorders, and other chronic diseases is anticipated to drive the demand for medical imaging. As per the data published by the National Cancer Institute, in 2018, nearly 1,735,350 new cases and around 609,640 deaths caused by cancer were anticipated to be registered in U.S.Thus,increasing number of radiology centers and hospitals are adopting teleradiology solutions, providing growth opportunities for the market.
The companies operating in the market engage in new product launches, product upgrades, mergers and acquisitions, and geographical expansion to enhance their market position. In July 2019, Comarch SA opened its office in Australia to expand its business in the country and to strengthen its international presence. The company is also focusing on developing hosting services portfolio for its present and future clients in Australia.
Teleradiology Software Market Report Highlights
In 2022, PACS segment held the largest revenue share of the teleradiology software market owing to the rise in medical diagnostic procedures and adoption of remote patient monitoring among physicians
Web-based deployment held the largest revenue share in 2022 owing to the large customer pool and benefits associated with web-based software such as remote data accessibility
North America held the largest revenue share in 2022, due to high adoption of teleradiology services, shortage of radiologists, presence of prominent market players, and existence of well-established healthcare IT infrastructure
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