According to the current analysis of Reports and Data, the Global Teleradiology Market was valued at USD 3.55 billion in 2019 and is expected to reach USD 13.50 billion by the year 2027, growing at a CAGR of 18.2% through the forecast period.
New York, NY -- (SBWIRE) -- 02/09/2021 -- According to the current analysis of Reports and Data, the Global Teleradiology Market was valued at USD 3.55 billion in 2019 and is expected to reach USD 13.50 billion by the year 2027, growing at a CAGR of 18.2% through the forecast period. The rising demand for teleradiology for second opinion and emergencies is drivers of the market. A shortage of healthcare professionals, especially in segments like pediatric, neurology, and musculoskeletal radiology, is leading to the increased adoption of teleradiology services. Teleradiology helps healthcare professionals access patient information irrespective of the distance, thereby improving diagnostic coverage. Therefore, the growing adoption of teleradiology for timely diagnosis is expected to drive the market during the forecast period.
The report systematically segments the market to provide a more in-depth understanding of the market's distinctive aspects. Besides inspecting the financial positions of the leading companies in this industry, the report carefully evaluates the gross profits, revenue shares, sales volume, manufacturing costs, individual growth rate, and numerous other financial ratios of these market players. Reports and Data's expert team of researchers have vividly pictured the global market scope over the projected timeline and analyzed the growth prospects of the new market entrants leveraging a set of advanced analytical tools, including the SWOT analysis, Porter's Five Forces Analysis, and investment assessment. Therefore, the research study offers the latest updates about the significant impact of the ongoing COVID-19 on the Teleradiology business sector.
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The key market players profiled in the report:
Siemens AG, Teleradiology Solutions (TRS), Global Diagnostics Limited., Mednax, Inc., Onrad, Inc., Telediagnostics Services Pvt. Ltd., Everlight Radiology, Agfa-Gevaert Group, Radisphere National Radiology Group, Inc., and Fujifilm Medical Systems, Inc.
Global Teleradiology Market: Competitive Landscape
The global Teleradiology market is highly competitive in nature. The report conducts a precise study of the functioning mechanisms of the global Teleradiology market's leading contenders. Industry experts have observed a wide array of business growth strategies employed by these industry players that enable them to accrue significant shares of the global market and further fortify their market positions. This section of the report thus emphasizes the fundamental strategic initiatives, such as new business deals, collaborations, joint ventures, mergers & acquisitions, and technological upgradation, undertaken by these players to build a valuable market standing. The global Teleradiology market report studies the company profiles of these market players in detail to enable readers to gain meaningful insights into this industry's emerging growth and development prospects.
Imaging Technique Outlook (Revenue, USD Million; 2017–2027)
- X-rays
- Computed Tomography (CT)
- Ultrasound
- Magnetic Resonance Imaging (MRI)
- Nuclear imaging
- Fluoroscopy
- Mammography
End-Use Outlook (Revenue, USD Million; 2017–2027)
- Hospitals
- Ambulatory Surgical Centers
- Diagnostic Centers
- Others
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Key Takeaways from the Global Teleradiology Market report:
- The global Teleradiology market report entails a broad product segmentation.
- It methodically evaluates the overall product expanse of this business space.
- The report covers pivotal information about the accrued market share of each product type, their profit estimations, and production growth graph.
- The report provides the reader with a generic summary of the application gamut of the global Teleradiology market.
- The report further details the market share and product demand for each application segment.
- The study estimates the growth rate of each application segment over the projected timeframe.
- Moreover, the report offers crucial information on the different parameters boosting the global market expansion, such as raw material production and market concentration rates.
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Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Global Teleradiology Market: Table of Contents
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018 – 2026
Chapter 3. Indicative Metrics
3.1. Growing number of imaging test technologies
3.2. Rising R&D activities related to eHealth
3.3. Increasing implementation of picture archiving
3.4. Worldwide increase in cases of chronic diseases
Chapter 4. Teleradiology Market Segmentation & Impact Analysis
4.1. Teleradiology Segmentation Analysis
4.2. Teleradiology Market Value Chain Analysis, 2016-2026
Continue….
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