Global Teleradiology Market Growth (Status and Outlook) 2023-2029

Global Teleradiology Market Growth (Status and Outlook) 2023-2029

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.

LPI (LP Information)' newest research report, the “Teleradiology Industry Forecast” looks at past sales and reviews total world Teleradiology sales in 2022, providing a comprehensive analysis by region and market sector of projected Teleradiology sales for 2023 through 2029. With Teleradiology sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Teleradiology industry.

This Insight Report provides a comprehensive analysis of the global Teleradiology landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Teleradiology portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Teleradiology market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Teleradiology and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Teleradiology.

The global Teleradiology market size is projected to grow from US$ 3879.1 million in 2022 to US$ 11250 million in 2029; it is expected to grow at a CAGR of 16.4% from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Teleradiology market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
X-Ray
CT
Ultrasound
MRI
Nuclear Imaging

Segmentation by application
Cardiology
Neurology
Oncology
Musculoskeletal
Gastroenterology
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Agfa HealthCare
Siemens Healthcare
StatRad
vRad

Please note: The report will take approximately 2 business days to prepare and deliver.