The teleradiology market is forecasted to grow by USD 3.83 bn during 2023-2028, accelerating at a CAGR of 17.55% during the forecast period. The report on the teleradiology market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing prevalence of diseases coupled with growing geriatric population, technological advancements and upgrades in teleradiology modalities, and government initiatives encouraging it adoption in healthcare.
Technavio's teleradiology market is segmented as below:
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
16.46%
CAGR
17.55%
Incremental Value
$3.83bn
By Modality
CT
X-ray
Ultrasound
MRI
Nuclear imaging
By Component
Hardware
Software
Telecom and networking
By Geographical Landscape
North America
Europe
Asia
Rest of World (ROW)
This study identifies the increase in launches and collaborations in teleradiology as one of the prime reasons driving the teleradiology market growth during the next few years. Also, rise in healthcare expenditure and adoption of pacs by small hospitals and imaging centers will lead to sizable demand in the market.
The report on the teleradiology market covers the following areas:
Teleradiology market sizing
Teleradiology market forecast
Teleradiology market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading teleradiology market vendors that include 4ways Healthcare Ltd., Agfa Gevaert Group, Aster Medical Imaging LLC, Carestream Health Inc., Everlight Radiology, FUJIFILM Corp., General Electric Co., Koninklijke Philips N.V., McKesson Corp., Medica Group PLC, MedWeb, Mirada Medical Ltd., Nano X Imaging Ltd., NovaRad Enterprise Healthcare Solutions, Oracle Corp., Radiology Partners, RamSoft Inc., Shanghai United Imaging Healthcare Co. Ltd., Siemens AG, StatRad, TeleDiagnostic Solutions Pvt. Ltd., Telerad Tech, Teleradiology Solutions, and WebRad. Also, the teleradiology market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
2 Market Landscape
2.1 Market ecosystem
3 Market Sizing
3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
4 Historic Market Size
4.1 Global teleradiology market 2018 - 2022
4.2 Modality Segment Analysis 2018 - 2022
4.3 Component Segment Analysis 2018 - 2022
4.4 Geography Segment Analysis 2018 - 2022
4.5 Country Segment Analysis 2018 - 2022
5 Five Forces Analysis
5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition
6 Market Segmentation by Modality
6.1 Market segments
6.2 Comparison by Modality
6.3 CT - Market size and forecast 2023-2028
6.4 X-ray - Market size and forecast 2023-2028
6.5 Ultrasound - Market size and forecast 2023-2028
6.6 MRI - Market size and forecast 2023-2028
6.7 Nuclear imaging - Market size and forecast 2023-2028
6.8 Market opportunity by Modality
7 Market Segmentation by Component
7.1 Market segments
7.2 Comparison by Component
7.3 Hardware - Market size and forecast 2023-2028
7.4 Software - Market size and forecast 2023-2028
7.5 Telecom and networking - Market size and forecast 2023-2028
7.6 Market opportunity by Component
8 Customer Landscape
8.1 Customer landscape overview
9 Geographic Landscape
9.1 Geographic segmentation
9.2 Geographic comparison
9.3 North America - Market size and forecast 2023-2028
9.4 Europe - Market size and forecast 2023-2028
9.5 Asia - Market size and forecast 2023-2028
9.6 Rest of World (ROW) - Market size and forecast 2023-2028