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Teleradiology Services Market Manufacturers, Research Methodology, Competitive Landscape and Business Opportunities by 2027

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Teleradiology Services Market Manufacturers, Research Methodology, Competitive Landscape and Business Opportunities by 2027

April 06
04:50 2021
The scarcity of radiologists and increasing government initiatives regarding the adoption of teleradiology services are driving the demand of the market.

Market Size – USD 5.92 billion in 2019, Market Growth – CAGR of 23.7%, Market Trends –Growing utilization of advanced technologies

The global Teleradiology Services Market is expected to reach USD 32.34 Billion by 2027, according to a new report by Emergen Research. The growth of this market can be attributed to the favorable government initiatives regarding the adoption of teleradiology in order to provide early disease diagnosis. Besides, the application of modern-day technologies such as the adoption of cloud-based technologies, blockchain, and cryptocurrencies will lead to better efficiency and cost-effective solutions. Increasing Investments for the development of advanced solutions is augmenting the demand for the industry.

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Key Market Competitors

The global Teleradiology Services industry is widely fragmented due to the presence of numerous competitors across several regional and local segments of the market. These players are said to dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies operating in this market are in high competition with one another in terms of technological capabilities, product development and innovation, and product pricing strategies.

Key participants include Philips Healthcare, Teleradiology Solutions, USRAD Holdings, Inc., Everlight Radiology, MEDNAX, Inc., ONRAD, Inc., AGFA Healthcare, RAMSOFT, Inc., Telediagnostic Solutions PVT. LTD. and CARESTREAM HEALTH, Inc., among others.

Emergen Research has segmented the global Teleradiology Services Market on the basis of Imaging Technique, End-Users, Products and Services, and region:

  • Imaging Technique Outlook (Revenue, USD Billion; 2017-2027)
    • Magnetic resonance imaging (MRI)
    • Computed tomography (CT)
    • X-Rays
    • Ultrasound
    • Mammography
    • Others
  • End-Users Outlook (Revenue, USD Billion; 2017-2027)
    • Diagnostic Centers
    • Hospitals & Clinics
    • Others
  • Products and Services Outlook (Revenue, USD Billion; 2017-2027)
    • Software
    • Hardware
    • Teleradiology services

The Global Teleradiology Services Market can be geographically bifurcated on the basis of regional demand, output, and estimated revenue share. The most prominent regions dictating the global market include: 

  • North America (U.S., Canada, Mexico)
  • Europe (U.K., Germany, France, Italy)
  • Asia Pacific (China, Japan, India, Korea)
  • Latin America (Brazil, Argentina, Ecuador, Chile)
  • Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran)

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The following are the main reasons to buy the Global Teleradiology Services Market report:

  1. The latest report closely evaluates the overall market size and infers on various aspects, such as the current business trends, market share, product offerings, and product share.
  2. It offers a detailed account of the end-use applications of the products & services offered by this industry.
  3. It offers an insightful analysis of the various regional segments of the market that are projected to witness enormous growth over the forecast period.
  4. Furthermore, the report covers the latest developments taking place in the market and effective business strategies implemented by the leading market rivals.

The report considers the following market growth estimation timeline:

  1. Historical Years: 2017-2018
  2. Base Year: 2019
  3. Estimated Year: 2027
  4. Forecast Years: 2020-2027

Table of Content

Chapter 1. Methodology & Sources
    1.1. Market Definition
    1.2. Research Scope
    1.3. Methodology
    1.4. Research Sources
          1.4.1. Primary
          1.4.2. Secondary
          1.4.3. Paid Sources
    1.5. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Teleradiology Services Market Segmentation & Impact Analysis
    4.1. Teleradiology Services Market Material Segmentation Analysis
    4.2. Industrial Outlook
          4.2.1. Market indicators analysis
          4.2.2. Market drivers analysis
                    4.2.2.1. Rise in geriatric population
                    4.2.2.2. Increasing R&D for the development of new technologies
                    4.2.2.3. Rise in adoption of cloud-based technologies
                    4.2.2.4. Shortages of Radiologists in certain regions
          4.2.3. Market restraints analysis
                    4.2.3.1. Growing Budget constraints
                    4.2.3.2. Lack of skilled Professionals
                    4.2.3.3. Data security concerns
                    4.2.3.4. Stringent regulatory framework
                    4.2.3.5. Present challenging economic conditions due to the pandemic
    4.3. Technological Insights
    4.4. Regulatory Framework
    4.5. Porter’s Five Forces Analysis
    4.6. Competitive Metric Space Analysis
    4.7. Price trend Analysis
    4.8. Covid-19 Impact Analysis

Chapter 5. Teleradiology Services Market By Imaging Technique Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
    5.1. Imaging Techniques Dynamics & Market Share, 2019 & 2027
          5.1.1. Magnetic resonance imaging (MRI)
          5.1.2. Computed tomography (CT)
          5.1.3. X-Rays
          5.1.4. Ultrasound
          5.1.5. Mammography
          5.1.6. Others

CONTINUED…!!

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Thank you for reading our report. To know more about the report, please connect with us, and our team will ensure the report is customized to meet your requirements.

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Country: Canada
Website: https://www.emergenresearch.com/industry-report/teleradiology-services-market

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