Teleradiology Market: Deep Analysis by Production Overview and Insights 2018- 2026

Teleradiology Market NextGen Technological
Advancements, Professional Survey and Future
Industry Trends 2018- 2026
Teleradiology Market - Global Industry Insights, Trends, Outlook, and
Opportunity Analysis, 2018-2026
Teleradiology is a method used to transmit medical radiological images such as x-rays, CTs, and MRIs,
from one location to another location. The purpose of this transmission of medical images is to enable
easy viewing and interpretation for diagnostic or consultation by a radiologist. The process of
teleradiology involves an image sending station, a receiving image station, and a transmission network
that has high quality screen, which has been cleared for clinical purposes. Teleradiology is a means for
collaboration of medical professionals, despite their location. Increasing demand for second opinion for
medical treatments is expected to boost growth of the Teleradiology Market.
Teleradiology is widely used in application such as telediagnosis, telemonitoring, picture archiving and
communication system (PACS), and teleconsultation. This increases the efficiency of the radiologist
carrying out the surgery. Ultrasound is one of the most promising imaging technology in teleradiology,
which is widely being used for diagnosing medical aliments in women. Ultrasound helps in tracking
and visualization of the development stages of fetus during pregnancy. This in turn increases growth of
the teleradiology market.
Rising prevalence of chronic diseases to boost market growth
Rising prevalence of chronic disorders such as breast cancer, cellulitis, and osteomyelitis and the rising
number of emergence cases in rural areas, which experiences the lack of skilled professional, are
increasing demand for teleradiology services. Furthermore, rising expenditure on healthcare, improving
healthcare infrastructure, and widening network of high-speed broadband services are expected to
boost growth of the global market.
As per National Cancer Institute (NIH), in 2016, around 1,685,210 new cases of cancer were diagnosed
in the U.S. and around 595,690 people died from cancer. The people living beyond a cancer diagnosis
was around 14.5 million in 2014 and is expected to reach around 19 million by 2024.
Teleradiology Market Taxonomy
By Product:
•Computed Tomography (CT)
•X-ray
•Ultrasound
•Magnetic Resonance Imaging (MRI)
•Nuclear Imaging
By Application:
•Tele-diagnosis
•Tele-consultation
•Tele-monitoring
•Picture Archiving and Communication System (PACS)
•Radiology Information System (RIS)
According to WHO, Europe recorded over 3.7 million cases of cancer and accounted for around 8.3
million death in 2012. This is mainly attributed to high consumption of tobacco, alcohol, inappropriate
diet, obesity and insufficient physical activity. According to National Center for Biotechnology
Information (NCBI) in Asia Pacific the most common cancer was the breast cancer in females around
18% of all cases was accounted in the year 2012, and was the fourth most common cause of death,
causing around 9% death in the region.
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Key Players of Teleradiology Market:
Key players in the teleradiology market include Virtual Radiologic (vRAD), NightHawk Radiology,
Inc., Sectra Imtec AB, StatRad, LLC, Agfa-Gevaert N.V., ONARD, Global Diagnostics, Everlight
Radiology, 4ways Healthcare Limited, RamSoft, Inc., Sectra AB, Health Watch Tele Diagnostics Pvt.
Ltd., Alta Vista Teleradiology, Argus Radiology, ONRAD, Inc., FujiFilm Medical Systems.
North America and Europe are expected to account for high market share, followed by Asia Pacific due
to the rampant advancements in technology and high disposable income among the populace in the
region. Increasing number of well-equipped healthcare centers and novel approaches to medicine are
expected to fuel growth of the teleradiology market. Increasing incidence of chronic diseases such as
cancer is creating a highly conducive environment for growth of the teleradiology market. For instance,
according to the World Health Organization (WHO), in 2012, around 14 million cases of cancer were
reported worldwide, leading to around 8.8 million deaths in 2015.
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Teleradiology is a method used to transmit medical radiological images such as x-rays, CTs, and MRIs, from one location to another location. The purpose of this transmission of medical images is to enable easy viewing and interpretation for diagnostic or consultation by a radiologist. The process of teleradiology involves an image sending station, a receiving image station, and a transmission network that has high quality screen, which has been cleared for clinical purposes.