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Teleradiology Market Size, Share & Trends Analysis Report By Product (X-ray, Computed Tomography, Ultrasound, Nuclear Imaging, Magnetic Resonance Imaging), By Region, Vendor Landscape, And Segment Forecasts, 2018 - 2024

Teleradiology Market Size, Share & Trends Analysis Report By Product (X-ray, Computed Tomography, Ultrasound, Nuclear Imaging, Magnetic Resonance Imaging), By Region, Vendor Landscape, And Segment Forecasts, 2018 - 2024

The global teleradiology market size is estimated to reach USD 8.2 billion by 2024, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 19.1% during the forecast period. Availability of real-time, technology-enabled, and accurate medical imaging systems has led to an increased adoption in hospitals and clinics. Besides, introduction of new digital technology devices enables timely intervention of healthcare professionals from different locations for serious cases.

Growing geriatric population coupled with rising prevalence of ailments, such as cancer, dental problems, and bone injuries, is augmenting the need for imaging devices. This is expected to drive the market. One of the major advantages of teleradiology is getting a second opinion for serious cases, which can be sent across the globe to specialists, thus enabling a good connectivity among radiologists globally.

North America teleradiology market represented 40.2% of the overall value in 2015. Favorable government initiatives pertaining to improvement of healthcare facilities in rural areas and heightened awareness levels among patients coupled with high healthcare expenditure are contributing to the growth of the regional market.

Asia Pacific is anticipated to be the fastest growing region for teleradiology due to soaring demand for innovative and advanced medical platforms coupled with improving healthcare infrastructure. Besides, increasing government initiatives, large target population base, and strategic global expansions undertaken by key players are likely to stimulate the growth of the market.

Further key findings from the report suggest:

  • The X-ray was the largest segment in 2016 owing to its broad range of applications, such as detection of dental injuries and fractures in bones, and growing demand for bedside imaging and core diagnostics
  • The CT scan is projected to register the fastest growth over the forecast period. High usage rates, faster testing rate, high-resolution imaging capacity, and introduction of new generation systems, such as 3D and 4D, are some of the factors supplementing the growth of the segment
  • North America was at the forefront of the market in 2016 due to presence of advanced healthcare IT and high penetration rates of new technologies
  • Asia Pacific is poised to witness the fastest growth over the forecast period due to supportive government regulations for expansion of teleradiology and faster technology adoption
  • Some of the key players in the market are Global Diagnostics; ONARD; Agfa-Gevaert N.V.; Sectra AB; Virtual Radiologic; Everlight Radiology; RamSoft, Inc.; Health Watch Tele Diagnostics Pvt. Ltd.; and 4ways Healthcare Limited


Chapter 1 Research Methodology & Scope
1.1 Information Procurement
1.1.1 Purchased database:
1.1.2 GVR’s internal database
1.2 Research Methodology
1.3 Geographic scope & assumptions
1.4 Country wise market calculation
1.5 Region based segment share calculation
1.6 Primary Sources
1.7 List of secondary sources
Chapter 2 Executive Summary
2.1 Market Snapshot
Chapter 3 Industry Outlook
3.1 Market Segmentation
3.2 Market Size and Growth Prospects
3.3 Teleradiology: Market dynamics
3.3.1 Market driver analysis
3.3.2 Increasing prevalence of target diseases
3.3.2.1 Increasing prevalence of osteoarthritis and osteoporosis
3.3.2.2 Increasing prevalence of cancer
3.3.2.3 Rising prevalence of other diseases
3.3.3 Introduction of technologically advanced diagnostics
3.3.4 Growing base of geriatric population
3.3.5 Favorable regulatory initiatives
3.3.5.1 Implementation of Picture Archiving and Communication System (PACS)
3.3.5.2 Other drivers
3.3.6 Market Restraint Analysis
3.3.6.1 Lack of skilled professionals
3.3.6.2 Lack of security for data imaging
3.4 Industry analysis - Porter’s
3.5 Key Opportunities Prioritized
3.6 Teleradiology - PESTEL Analysis
Chapter 4 Teleradiology Market: Product Estimates & Trend Analysis
4.1 Teleradiology Market Share, By Product, 2015 & 2024
4.2 X-ray
4.2.1 X-ray teleradiology market, 2013 - 2024 (USD Million)
4.3 Ultrasound
4.3.1 Ultrasound teleradiology market, 2013 - 2024 (USD Million)
4.4 Magnetic Resonance Imaging (MRI)
4.4.1 Magnetic Resonance Imaging (MRI) teleradiology market, 2013 - 2024 (USD Million)
4.5 Computed Tomography (CT)
4.5.1 Computed Tomography (CT) teleradiology market, 2013 - 2024 (USD Million)
4.6 Nuclear Imaging
4.6.1 Nuclear imaging teleradiology market, 2013 - 2024 (USD Million)
Chapter 5 Teleradiology Market: Regional Estimates & Trend Analysis
5.1 Teleradiology Market Share, By Region, 2015 & 2024
5.2 North America
5.2.1 North America teleradiology market, 2013 - 2024 (USD Million)
5.2.2 U.S.
5.2.2.1 U.S. teleradiology market, 2013 - 2024 (USD Million)
5.2.3 Canada
5.2.3.1 Canada teleradiology market, 2013 - 2024 (USD Million)
5.3 Europe
5.3.1 Europe teleradiology market, 2013 - 2024 (USD Million)
5.3.2 U.K.
5.3.2.1 U.K. teleradiology market, 2013 - 2024 (USD Million)
5.3.3 Germany
5.3.3.1 Germany teleradiology market, 2013 - 2024 (USD Million)
5.3.4 France
5.3.4.1 France teleradiology market, 2013 - 2024 (USD Million)
5.4 Asia Pacific
5.4.1 Asia Pacific teleradiology market, 2013 - 2024 (USD Million)
5.4.2 Japan
5.4.2.1 Japan teleradiology market, 2013 - 2024 (USD Million)
5.4.3 China
5.4.3.1 China teleradiology market, 2013 - 2024 (USD Million)
5.4.4 India
5.4.4.1 India teleradiology market, 2013 - 2024 (USD Million)
5.5 Latin America
5.5.1 Latin America teleradiology market, 2013 - 2024 (USD Million)
5.5.2 Brazil
5.5.2.1 Brazil teleradiology market, 2013 - 2024 (USD Million)
5.5.3 Mexico
5.5.3.1 Mexico teleradiology market, 2013 - 2024 (USD Million)
5.6 MEA
5.6.1 MEA teleradiology market, 2013 - 2024 (USD Million)
5.6.2 South Africa
5.6.2.1 South Africa teleradiology market, 2013 - 2024 (USD Million)
Chapter 6 Competitive Landscape
6.1 Virtual Radiologic (vRad)
6.1.1 Company overview
6.1.2 Financial performance
6.1.3 Product benchmarking
6.1.4 Strategic initiatives
6.2 Agfa-Gevaert Group
6.2.1 Company overview
6.2.2 Financial performance
6.2.3 Product benchmarking
6.2.4 Strategic initiatives
6.3 ONRAD, Inc.
6.3.1 Company overview
6.3.2 Financial performance
6.3.3 Product benchmarking
6.3.4 Strategic initiatives
6.4 Global Diagnostics
6.4.1 Company overview
6.4.2 Financial performance
6.4.3 Product benchmarking
6.5 Everlight Radiology
6.5.1 Company overview
6.5.2 Financial performance
6.5.3 Product benchmarking
6.5.4 Strategic initiatives
6.6 Cybernet Medical Corporation
6.6.1 Company overview
6.6.2 Financial performance
6.6.3 Product benchmarking
6.6.4 Strategic initiatives
6.7 4ways Healthcare Ltd.
6.7.1 Company overview
6.7.2 Financial performance
6.7.3 Product benchmarking
6.7.4 Strategic initiatives
6.8 RamSoft, Inc.
6.8.1 Company overview
6.8.2 Financial performance
6.8.3 Product benchmarking
6.8.4 Strategic initiatives
6.9 USARAD Holdings, Inc.
6.9.1 Company overview
6.9.2 Financial performance
6.9.3 Product benchmarking
6.9.4 Strategic initiatives
6.10 HealthWatch TeleDiagnostics Pvt. Ltd.
6.10.1 Company overview
6.10.2 Financial performance
6.10.3 Product benchmarking
6.10.4 Strategic initiatives
List of Tables
TABLE 1 Factors used in segment share estimation
TABLE 2 Teleradiology - Key market driver analysis
TABLE 3 Global cancer prevalence, 2015
TABLE 4 North America cancer prevalence, 2015
TABLE 5 Europe cancer prevalence, 2015
TABLE 6 Asia cancer prevalence, 2015
TABLE 7 Africa cancer prevalence, 2015
TABLE 8 North America teleradiology market, by region, 2013 - 2024 (USD Million)
TABLE 9 U.S. teleradiology market, by region, 2013 - 2024 (USD Million)
TABLE 10 Canada teleradiology market, by region, 2013 - 2024 (USD Million)
TABLE 11 Europe teleradiology market, by region, 2013 - 2024 (USD Million)
TABLE 12 U.K. teleradiology market, by region, 2013 - 2024 (USD Million)
TABLE 13 Germany teleradiology market, by region, 2013 - 2024 (USD Million)
TABLE 14 France teleradiology market, by region, 2013 - 2024 (USD Million)
TABLE 15 Asia Pacific teleradiology market, by region, 2013 - 2024 (USD Million)
TABLE 16 Japan teleradiology market, by region, 2013 - 2024 (USD Million)
TABLE 17 China teleradiology market, by region, 2013 - 2024 (USD Million)
TABLE 18 India teleradiology market, by region, 2013 - 2024 (USD Million)
TABLE 19 Latin America teleradiology market, by region, 2013 - 2024 (USD Million)
TABLE 20 Brazil teleradiology market, by region, 2013 - 2024 (USD Million)
TABLE 21 Mexico teleradiology market, by region, 2013 - 2024 (USD Million)
TABLE 22 MEA teleradiology market, by region, 2013 - 2024 (USD Million)
TABLE 23 South Africa teleradiology market, by region, 2013 - 2024 (USD Million)
List of Figures
FIG. 1 Market research process
FIG. 2 Information procurement
FIG. 3 Value chain based sizing & forecasting
FIG. 4 QFD modeling for market share assessment
FIG. 5 Market summary
FIG. 6 Market segmentation & scope
FIG. 7 Global teleradiology market, 2013 - 2024 (USD Million)
FIG. 8 Usage rate of medical imaging
FIG. 9 Teleradiology: Market dynamics
FIG. 10 Comparison of obese and normal people prone to osteoarthritis at various joints, %
FIG. 11 Global increase in osteoporosis cases, 1950 - 2050 (Million)
FIG. 12 Global percentage of geriatric population, by age group, 2000 & 2050
FIG. 13 Regional breakdown of geriatric population over the age of 65 years, by region, 2010 & 2050
FIG. 14 PACS process steps
FIG. 15 Teleradiology - Key market restraint analysis
FIG. 16 Teleradiology market - Porter’s analysis
FIG. 17 Teleradiology key opportunities prioritized
FIG. 18 Teleradiology market - PESTEL analysis
FIG. 19 Teleradiology market, by product 2015 & 2024
FIG. 20 X-ray teleradiology market, 2013 - 2024 (USD Million)
FIG. 21 Ultrasound teleradiology market, 2013 - 2024 (USD Million)
FIG. 22 MRI teleradiology market, 2013 - 2024 (USD Million)
FIG. 23 CT teleradiology market, 2013 - 2024 (USD Million)
FIG. 24 Nuclear imaging teleradiology market, 2013 - 2024 (USD Million)
FIG. 25 Teleradiology market share, by region 2015 & 2024
FIG. 26 North America teleradiology market, 2013 - 2024 (USD Million)
FIG. 27 U.S teleradiology market, 2013 - 2024 (USD Million)
FIG. 28 Canada teleradiology market, 2013 - 2024 (USD Million)
FIG. 29 Europe teleradiology market, 2013 - 2024 (USD Million)
FIG. 30 U.K. teleradiology market, 2013 - 2024 (USD Million)
FIG. 31 Germany teleradiology market, 2013 - 2024 (USD Million)
FIG. 32 France teleradiology market, 2013 - 2024 (USD Million)
FIG. 33 Asia Pacific teleradiology market, 2013 - 2024 (USD Million)
FIG. 34 Japan teleradiology market, 2013 - 2024 (USD Million)
FIG. 35 China teleradiology market, 2013 - 2024 (USD Million)
FIG. 36 India teleradiology market, 2013 - 2024 (USD Million)
FIG. 37 Latin America teleradiology market, 2013 - 2024 (USD Million)
FIG. 38 Brazil teleradiology market, 2013 - 2024 (USD Million)
FIG. 39 Mexico teleradiology market, 2013 - 2024 (USD Million)
FIG. 40 MEA teleradiology market, 2013 - 2024 (USD Million)
FIG. 41 South Africa teleradiology market, 2013 - 2024 (USD Million)

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