Market Overview:
The global teleradiology services market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for teleradiology services due to the growing prevalence of chronic diseases, rising geriatric population, and technological advancements in the field of radiology. The global teleradiology services market is segmented on the basis of type, application, and region. On the basis of type, it is divided into general reporting, consultation, auditing, and others. General reporting dominates this market owing to its widespread use for routine imaging studies such as X-rays and CT scans across different specialties such as cardiology, neurology etcetera.
Product Definition:
Teleradiology Services is a term used to describe the remote transmission of diagnostic radiology images and reports between healthcare facilities. The purpose of teleradiology services is to provide timely and accurate diagnostic images and reports to referring physicians, regardless of their location.
General Reporting:
General reporting is a category of medical writing that covers the basic information about patients, procedures, tests and treatments. Teleradiology services are used by physicians to obtain reports from hospitals or other healthcare facilities where they work and treat their patients. The physician then uses this data in his/her daily practice.
The global general reporting market size was valued at USD 1,64 billion in 2016.
Consultation:
Consultation is a service by which radiologists or physicians are called to the location where the imaging procedure is being performed. The purpose of consultation is to help in understanding the condition better and making a decision regarding further treatment. In many cases, patients may not be aware about certain symptoms that indicate a serious health problem and therefore consulting service plays an important role in teleradiology services market.
Application Insights:
Cardiology held the largest revenue share in 2017. The growth is attributed to the rising prevalence of cardiac disorders and technological advancements such as teleradiology radiology integration, cloud-based system and video-monitoring solutions that have improved efficiency in diagnosing cardiological conditions. According to a study published by NCBI, it was estimated that around 1 of every 3 deaths occur due to Cardiovascular Disorders (CVDs). Thus, increasing incidence coupled with rising awareness about early diagnosis is expected to drive the demand for teleradiology services in cardiology over the forecast period.
The neurology segment is expected register significant growth during the forecast period owing to an increase in neurological diseases such as Alzheimer¢â‚¬â„¢s disease, Parkinson¢â‚¬â„¢s disease and brain tumor which require prompt diagnosis through radiography imaging studies conducted remotely from a distance location. According Teladoc Inc.
Regional Analysis:
North America held the largest revenue share in 2017. The region is expected to maintain its dominance over the forecast period as well due to increasing demand for advanced technologies and rising awareness among healthcare professionals regarding teleradiology services. In addition, growing adoption of cloud-based solutions is also expected to drive regional growth during the same period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to factors such as improving internet infrastructure, high population with unmet medical needs, and rising awareness about teleradiology services in emerging countries such as India and China. Moreover, government initiatives are being undertaken in these countries for improving healthcare facilities which will further boost market development during the estimated time span.
Growth Factors:
- Increasing demand for teleradiology services from the healthcare sector owing to the growing prevalence of chronic diseases and rising awareness about the benefits of teleradiology services.
- Proliferation of digital technologies and increasing penetration of internet and smartphones are expected to drive the growth of teleradiology services market over the forecast period.
- Growing demand for diagnostic imaging procedures due to rising incidence of lifestyle-related diseases is expected to boost the growth prospects for teleradiology services market in near future.
- Rising number of private diagnostic centers, hospitals, and clinics is projected to fuel demand for teleradiology services in coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Teleradiology Services Market Research Report
By Type
General Reporting, Consultation, Auditing, Others
By Application
Cardiology, Neurology, Oncology, Musculoskeletal, Gastroenterology, Others
By Companies
Envision Healthcare Corporation, MEDNAX Services, 4ways Healthcare, Euro American Tele Radiology, Argus Radiology, Teleradiology Solutions, American Imaging Consultants, USARAD Holdings, ONRAD, Teleconsult Europe, Africa Telerad, Unilabs
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Teleradiology Services Market Report Segments:
The global Teleradiology Services market is segmented on the basis of:
Types
General Reporting, Consultation, Auditing, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cardiology, Neurology, Oncology, Musculoskeletal, Gastroenterology, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Envision Healthcare Corporation
- MEDNAX Services
- 4ways Healthcare
- Euro American Tele Radiology
- Argus Radiology
- Teleradiology Solutions
- American Imaging Consultants
- USARAD Holdings
- ONRAD
- Teleconsult Europe
- Africa Telerad
- Unilabs
Highlights of The Teleradiology Services Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- General Reporting
- Consultation
- Auditing
- Others
- By Application:
- Cardiology
- Neurology
- Oncology
- Musculoskeletal
- Gastroenterology
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Teleradiology Services Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Teleradiology services are a type of medical imaging that uses telecommunications technology to transmit images and other data. Teleradiology can be used to diagnose and treat medical conditions, including cancer.
Some of the major players in the teleradiology services market are Envision Healthcare Corporation, MEDNAX Services, 4ways Healthcare, Euro American Tele Radiology, Argus Radiology, Teleradiology Solutions, American Imaging Consultants, USARAD Holdings, ONRAD, Teleconsult Europe, Africa Telerad, Unilabs.
The teleradiology services market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Teleradiology Services Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Teleradiology Services Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Teleradiology Services Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Teleradiology Services Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Teleradiology Services Market Size & Forecast, 2018-2028
4.5.1 Teleradiology Services Market Size and Y-o-Y Growth
4.5.2 Teleradiology Services Market Absolute $ Opportunity
Chapter 5 Global Teleradiology Services Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Teleradiology Services Market Size Forecast by Type
5.2.1 General Reporting
5.2.2 Consultation
5.2.3 Auditing
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Teleradiology Services Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Teleradiology Services Market Size Forecast by Applications
6.2.1 Cardiology
6.2.2 Neurology
6.2.3 Oncology
6.2.4 Musculoskeletal
6.2.5 Gastroenterology
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Teleradiology Services Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Teleradiology Services Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Teleradiology Services Analysis and Forecast
9.1 Introduction
9.2 North America Teleradiology Services Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Teleradiology Services Market Size Forecast by Type
9.6.1 General Reporting
9.6.2 Consultation
9.6.3 Auditing
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Teleradiology Services Market Size Forecast by Applications
9.10.1 Cardiology
9.10.2 Neurology
9.10.3 Oncology
9.10.4 Musculoskeletal
9.10.5 Gastroenterology
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Teleradiology Services Analysis and Forecast
10.1 Introduction
10.2 Europe Teleradiology Services Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Teleradiology Services Market Size Forecast by Type
10.6.1 General Reporting
10.6.2 Consultation
10.6.3 Auditing
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Teleradiology Services Market Size Forecast by Applications
10.10.1 Cardiology
10.10.2 Neurology
10.10.3 Oncology
10.10.4 Musculoskeletal
10.10.5 Gastroenterology
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Teleradiology Services Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Teleradiology Services Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Teleradiology Services Market Size Forecast by Type
11.6.1 General Reporting
11.6.2 Consultation
11.6.3 Auditing
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Teleradiology Services Market Size Forecast by Applications
11.10.1 Cardiology
11.10.2 Neurology
11.10.3 Oncology
11.10.4 Musculoskeletal
11.10.5 Gastroenterology
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Teleradiology Services Analysis and Forecast
12.1 Introduction
12.2 Latin America Teleradiology Services Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Teleradiology Services Market Size Forecast by Type
12.6.1 General Reporting
12.6.2 Consultation
12.6.3 Auditing
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Teleradiology Services Market Size Forecast by Applications
12.10.1 Cardiology
12.10.2 Neurology
12.10.3 Oncology
12.10.4 Musculoskeletal
12.10.5 Gastroenterology
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Teleradiology Services Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Teleradiology Services Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Teleradiology Services Market Size Forecast by Type
13.6.1 General Reporting
13.6.2 Consultation
13.6.3 Auditing
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Teleradiology Services Market Size Forecast by Applications
13.10.1 Cardiology
13.10.2 Neurology
13.10.3 Oncology
13.10.4 Musculoskeletal
13.10.5 Gastroenterology
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Teleradiology Services Market: Competitive Dashboard
14.2 Global Teleradiology Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Envision Healthcare Corporation
14.3.2 MEDNAX Services
14.3.3 4ways Healthcare
14.3.4 Euro American Tele Radiology
14.3.5 Argus Radiology
14.3.6 Teleradiology Solutions
14.3.7 American Imaging Consultants
14.3.8 USARAD Holdings
14.3.9 ONRAD
14.3.10 Teleconsult Europe
14.3.11 Africa Telerad
14.3.12 Unilabs
