Teleradiology Services Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026 The global teleradiology service market is projected to value over US$ 9 billion by the end of 2026 and expand at a CAGR of over 18.2% during the forecast period of 20192026. Teleradiology is the practice of medical images being interpreted by a radiologist indifferent of the proximity. These interpretations help in assured and accurate diagnosis of diseases and thus speed up their treatment. In addition to this, teleradiology allows stocking of digital images through various software like the picture archiving and communication system (PACS) software. This technology is employed in emergency clinics, large scale hospitals, and mobile imaging companies. Teleradiology delivers immediate results and solutions with remote access through global network and real-time interpretation. It calls for combined effort and sharing of knowledge in order to facilitate efficient treatment of diseases. The teleradiology technology fuels on the awareness of the importance of early diagnosis. Along with this, the employment of teleradiology into health care services has increased the popularity and efficiency of the services. All these factors led to the robust development of teleradiology services in the global market. Teleradiology Services markets in North America and Europe account for the major share in the global market due to the acceptance of such services and technology by the general public as well as end-users. The Asia Pacific region has proven to emerge as one of the most lucrative markets for these services. This can be accounted to their fluctuating erratic climate leading to a rise in chronic ailments. These regions are more susceptible to serious illnesses given their climate as well as the extensive population growth. The large population invites a lot of health threats inevitably as well as the geriatric population is more prone and exposed to the hazards. All of these thus fuel demand for the same market is that of teleradiology. Latin America and the rest of the world are extremely unexplored and untapped markets in the sphere of teleradiology services and once ventured into can be found extremely profitable. To further expand trade, government initiatives, assistance and subsidies can provide major help. This can be along the lines of the provision of experts in the field or training of more personnel in the required domains and funding machinery. Request a Sample Report @ https://www.futurewiseresearch.com/requestsample.aspx?id=104&page=requestsample Global Teleradiology Services Market: Restraints > Continued shortage of experts and radiologists > Unavailability of broadband network required for operation > Complex machinery and expensive infrastructure Global Teleradiology Services Market: Segmentation By Service Type > X-ray > Computed Tomography > Ultrasound > Nuclear Imaging > Magnetic Resonance Imaging The X-ray segment was dominant in 2018 and had a revenue share of over USD $800 million. Various applications require it to be extensively used, while on the other hand, continuous technological improvements will fuel the market growth of CT scan. The (CT) segment is predicted to register the fastest growth during the forecast period. Digitalization will further support the growth of this segment. To draw an elaborate reference, in March 2019, Siemens Healthineers, in collaboration with GE Healthcare, launched a Go platform cardiac CT scanner. However, the nuclear imaging segment is anticipated to grow at the fastest rate during the forecast period. By End User > Hospitals > Diagnostics Laboratories > Clinics > Outpatient Centres The segment of diagnostic laboratories recorded major share in 2017, accounting 30.0% of total revenue. This segment proofs as a one-stop solution for all required requirements thus is preferred by patients. Thus the segment is supposed to experience a business boost during the period of 2018 to 2026. The hospitals segment is anticipated to expand at a higher CAGR than other segments during the forecast period due to quick service, high-quality, and competitive pricing. By Region > Europe > North America > APAC > Latin America > Rest of World According to revenue statistics, North America held largest market share in 2018 and is likely to continue to do so in the global teleradiology services market during the forecast period. The teleradiology services market in the Asia Pacific segment is expected to attain a significant CAGR during the forecast period. Supportive government subsidies and initiatives, global trade expansion strategies undertaken by major firms, and targeting rising population in regions are also expected to fuel the growth. Purchase a Copy of this Premium Research Report & Ask For Discount: https://www.futurewiseresearch.com/requestsample.aspx?id=104&page=askfordiscount Competitive Landscape: > Tier 1 players- established companies in the market with a major market share > Tier 2 players > Emerging players which are growing rapidly > New Entrants Major firms ruling the market are Envision Healthcare Corporation, MEDNAX Services, Inc., 4ways Healthcare Limited, Euro American Tele Radiology, Argus Radiology, Teleradiology Solutions, American Imaging Consultants, USARAD Holdings, Inc., ONRAD, Inc., Teleconsult Europe, Africa Telerad Limited, and Unilabs. These shareholders have adopted strategies such as inorganic growth through partnerships, collaboration, and expansion. For reference, November 13, 2017, Unilabs acquired Telemedicine Clinic (“TMC”), a leading provider of teleradiology and telepathology services in Europe. This acquisition thus accelerated the adoption of digital processes in radiology and pathology, which will enable the company to offer more sub-specialist reporting from top experts in their field to end-users. FutureWise Takeaways > Growth prospects > SWOT analysis > Key trends > Key data-points affecting market growth Objectives of the Study: > To provide with an exhaustive analysis on global teleradiology service market by service type, end-user and region > To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints) > To evaluate and forecast micro-markets and the overall market > To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East > To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions > Profiling of companies to evaluate their market shares, strategies, financials and core competencies Table of Contents 1. Introduction 1.1. Scope and Objective 1.2. Assumptions and Acronyms 1.3. Forecast Factors 1.4. Research Methodology 2. Executive Summary 2.1. Industry Cluster Analysis 2.2. Competition Matrix 2.3. Strategies Recommendations 3. Market Definition 3.1. Report Scope (Inclusions & Exclusions) 3.2. Market Segmentation 4. Global Teleradiology Services Market Overview 4.1. Global Teleradiology Services Market Revenue (USD Mn) 5. Key Inclusions 5.1. Porter’s Five Force analysis 5.2. Market Dynamics 5.3. Industry Trends 5.4. Regulatory Guidelines 5.5. Opportunities in Teleradiology Services 6. Competition Dynamics 6.1. Company Share Analysis (2018) 6.2. Top 10 Product Pricing by Region 7. Global Teleradiology Services Market Revenue (USD Mn), 2018-2026 by Service Type 7.1. Key Market Findings 7.2. Long Term ROI Segments 7.3. Revenue Opportunity Influencing Factors 7.4. Market Revenue (USD Mn) Assessment and Forecast by Service Type, 2018-2026 7.4.1 X-ray 7.4.2 Computed Tomography 7.4.3 Ultrasound 7.4.4 Nuclear Imaging 7.4.5 Magnetic Resonance Imaging 8. Global Teleradiology Services Market Revenue (USD Mn), 2018-2026 by End User 8.1. Key Market Findings 8.2. Long Term ROI Segments 8.3. Revenue Opportunity Influencing Factors 8.4. Market Revenue (USD Mn) Assessment and Forecast by End User, 20182026 8.4.1 Hospitals 8.4.2 Diagnostics Laboratories 8.4.3 Clinics 8.4.4 Outpatient Centres 9. Global Teleradiology Services Market Revenue (USD Mn), 2018-2026 by Region 9.1. Key Market Findings 9.2. Long Term ROI Segments 9.3. Revenue Opportunity Influencing Factors 9.4. Market Revenue (USD Mn) Assessment and Forecast by Region,2026 9.4.1 North America 9.4.2 Latin America 9.4.3 Europe 9.4.4 Asia Pacific 9.4.5 Rest of world 10. North America Teleradiology Services Market Revenue (US$ Mn), 2018-2026 10.1. Key Market Findings 10.2. Long Term ROI Segments 10.3. Revenue Opportunity Influencing Factors 10.4. Market Revenue (USD Mn) Assessment and Forecast by Country, 2018-2026 10.4.1 US 10.4.2 Canada 10.5. Market Revenue (USD Mn) Assessment and Forecast by Service Type, 2018-2026 10.5.1 X-ray 10.5.2 Computed Tomography 10.5.3 Ultrasound 10.5.4 Nuclear Imaging 10.5.5 Magnetic Resonance Imaging 10.6. Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026 10.6.1 Hospitals 10.6.2 Diagnostics Laboratories 10.6.3 Clinics 10.6.4 Outpatient Centres 11. Latin America Teleradiology Services Market Revenue (US$ Mn), 2018-2026 11.1. Key Market Findings 11.2. Long Term ROI Segments 11.3. Revenue Opportunity Influencing Factors 11.4. Market Revenue (USD Mn) Assessment and Forecast by Country, 2018-2026 11.4.1 Brazil 11.4.2 Mexico 11.4.3 Argentina 11.4.4 Rest of Latin America 11.5. Market Revenue (USD Mn) Assessment and Forecast by Service Type, 2018-2026 11.5.1 X-ray 11.5.2 Computed Tomography 11.5.3 Ultrasound 11.5.4 Nuclear Imaging 11.5.5 Magnetic Resonance Imaging 11.6. Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026 11.6.1 Hospitals 11.6.2 Diagnostics Laboratories 11.6.3 Clinics 11.6.4 Outpatient Centres 12. Europe America Teleradiology Services Market Revenue (US$ Mn), 2018-2026 12.1. Key Market Findings 12.2. Long Term ROI Segments 12.3. Revenue Opportunity Influencing Factors 12.4. Market Revenue (USD Mn) Assessment and Forecast by Country, 2018-2026 12.4.1 Germany 12.4.2 France 12.4.3 Spain 12.4.4 UK 12.4.5 Russia 12.4.6 Poland 12.4.7 Rest of Europe 12.5. Market Revenue (USD Mn) Assessment and Forecast by Service Type, 2018-2026 12.5.1 X-ray 12.5.2 Computed Tomography 12.5.3 Ultrasound 12.5.4 Nuclear Imaging 12.5.5 Magnetic Resonance Imaging 12.6. Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026 12.6.1 Hospitals 12.6.2 Diagnostics Laboratories 12.6.3 Clinics 12.6.4 Outpatient Centres 13. Asia Pacific America Teleradiology Services Market Revenue (US$ Mn), 20182026 13.1. Key Market Findings 13.2. Long Term ROI Segments 13.3. Revenue Opportunity Influencing Factors 13.4. Market Revenue (USD Mn) Assessment and Forecast by Country, 2018-2026 13.4.1 Emerging Asia 13.4.1.1 China 13.4.1.2 India 13.4.1.3 ASEAN-5 13.4.1.4 Rest of Emerging Asia 13.4.2 Japan 13.5. Market Revenue (USD Mn) Assessment and Forecast by Service Type, 2018-2026 13.5.1 X-ray 13.5.2 Computed Tomography 13.5.3 Ultrasound 13.5.4 Nuclear Imaging 13.5.5 Magnetic Resonance Imaging 13.6. Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026 13.6.1 Hospitals 13.6.2 Diagnostics Laboratories 13.6.3 Clinics 13.6.4 Outpatient Centres 14. Rest of World America Teleradiology Services Market Revenue (US$ Mn), 20182026 14.1. Key Market Findings 14.2. Long Term ROI Segments 14.3. Revenue Opportunity Influencing Factors 14.4. Market Revenue (USD Mn) Assessment and Forecast by Country, 2018-2026 14.4.1 Middle East 14.4.2 South Africa 14.4.3 North Africa 14.4.4 Rest of World 14.5. Market Revenue (USD Mn) Assessment and Forecast by Service Type, 2018-2026 14.5.1 X-ray 14.5.2 Computed Tomography 14.5.3 Ultrasound 14.5.4 Nuclear Imaging 14.5.5 Magnetic Resonance Imaging 14.6. Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026 14.6.1 Hospitals 14.6.2 Diagnostics Laboratories 14.6.3 Clinics 14.6.4 Outpatient Centres 15. Company Profiles 15.1. Competition Landscape 15.2. Global Company Share (USD Mn) Overview, 2018 15.3. Company Profiles 15.3.1 Virtual Radiologic 15.3.1.1 Corporate Overview 15.3.1.2 Financial Performance 15.3.1.3 Peer Comparison & 3C marketing equation 15.3.1.4 Company Strategy & Channel Management 15.3.2 Teleradiology Solutions 15.3.2.1 Corporate Overview 15.3.2.2 Financial Performance 15.3.2.3 Peer Comparison & 3C marketing equation 15.3.2.4 Company Strategy & Channel Management 15.3.3 Future Teleradiology Solution 15.3.3.1 Corporate Overview 15.3.3.2 Financial Performance 15.3.3.3 Peer Comparison & 3C marketing equation 15.3.3.4 Company Strategy & Channel Management 15.3.4 All-American Teleradiology 15.3.4.1 Corporate Overview 15.3.4.2 Financial Performance 15.3.4.3 Peer Comparison & 3C marketing equation 15.3.4.4 Company Strategy & Channel Management 15.3.5 Sectra AB 15.3.5.1 Corporate Overview 15.3.5.2 Financial Performance 15.3.5.3 Peer Comparison & 3C marketing equation 15.3.5.4 Company Strategy & Channel Management 16. Research Sources & Primary Verbatim Inquire further details about this report at: sales@futurewiseresearch.com About FutureWise Research: We specialise in high-growth niche markets, assuring flexibility, agility and customised solutions for our clients. Through in-depth market insights and consultancy, we present our clients with the tools they need to be at the forefront of their industry – a position secured for far more than the near future. Contact Us: Company Name: FutureWise Research Contact Person: Vinay Thaploo Email: sales@futurewiseresearch.com Phone: +44 141 628 9353 / +1 970 279 4295 City: Leeds Country: United Kingdom Website: www.futurewiseresearch.com
The global teleradiology service market is projected to value over US$ 9 billion by the end of 2026 and expand at a CAGR of over 18.2% during the forecast period of 2019-2026. Teleradiology is the practice of medical images being interpreted by a radiologist indifferent of the proximity.
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