Teleradiology Market

Teleradiology Market - Global Industry Insights,
Trends, Outlook, and Opportunity Analysis, 20182026
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 market for teleradiology.
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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.
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.
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.
Report includes chapters which deeply display the following deliverable about industry :
• Teleradiology Market Research Objective and Assumption
• Teleradiology Market Purview - Report Description, Executive Summary, and Coherent
Opportunity Map (COM)
• Teleradiology Market Dynamics, Regulations, and Trends Analysis - Market Dynamics,
Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals,
Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Teleradiology Market, By Regions
• Teleradiology Market Competition by Manufacturers including Production, Share, Revenue,
Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Teleradiology Market Manufacturers Profiles/Analysis including Company Basic Information,
Manufacturing Base and Its Competitors.
• Teleradiology Market Manufacturing Cost Analysis including Key Raw Materials and Key
Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Teleradiology Market Forecast including Production, Consumption, Import and Export Forecast
by Type, Applications and Region.
• Research Findings and Conclusion
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.
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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.