Teleradiology Services Market: U.S Most Attractive Regional Market for Teleradiology Service over 2016 to 2026 – Future Market Insights

October 21 15:00 2020
Teleradiology Services Market: U.S Most Attractive Regional Market for Teleradiology Service over 2016 to 2026 - Future Market Insights

Future Market Insights
Global Teleradiology Services Market Anticipated to Register a Value CAGR of 21.0% Between 2016 and 2026

Future Market Insights delivers key insights on the global teleradiology services market in a new publication titled “Teleradiology Services Market: Global Industry Analysis and Opportunity Assessment, 2016–2026”. Teleradiology is the practice of interpretation and analysis of medical images by a radiologist who is not present at the site where the images are generated. This service is utilised by hospitals, emergency care centres, telemedicine companies, and other clinics. Teleradiology services enable radiologists to use online services in order to improve patient care and treatment without the need to be physically present on site. In terms of revenue, the global teleradiology services market is projected to register a healthy CAGR of 21.0% over the forecast period (2016 – 2026) and increase 6.7x in terms of revenue between 2016 and 2026.

The global teleradiology services market is anticipated to project exponential growth over the next 10 years owing to increasing incidences of chronic diseases such as cancer, tumours, and orthopaedic diseases; increasing geriatric population; and excessive hospitalisations and increasing admittance in ambulatory surgical centres and clinics. Increasing consumer awareness regarding teleradiology and easy accessibility to the technology is another key factor likely to drive the global demand for teleradiology services. However, high cost of technology and services, image transmission issues, dearth of trained radiologists and technicians, and a low awareness in emerging economies is likely to pose major challenges for the growth of the global teleradiology services market. Ongoing trends for teleradiology services driving the global market include service offerings with the latest IT infrastructure including artificial intelligence and algorithms, cloud with low maintenance, and image backup storage.

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  • ·         Certified Reporting Services Process segment is estimated to account for 62.9% revenue share of the global teleradiology services market by 2016 end
  • ·         Emergency Nighthawk service type segment accounted for 31.6% value share in 2015 and is anticipated to dominate the global teleradiology services market throughout the forecast period
  • ·         Computerised Tomography (CT) Scans modality segment is anticipated to register a CAGR of 23.6% between 2016 and 2026
  • Hospital Pharmacies end user segment is estimated to account for 39.9% revenue share of the global teleradiology services market by 2016 end

Preview Analysis Global Teleradiology Services Market: U.S Most Attractive Regional Market for Teleradiology Services: Global Industry Analysis and Opportunity Assessment, 2016–2026: https://www.futuremarketinsights.com/reports/teleradiology-services-market

Regional market projections

The global teleradiology services market is segmented on the basis of region into U.S. and OUS (International) (Latin America, EU5, Rest of Europe, Japan, Asia Pacific Excluding Japan, Rest of the World). The U.S. regional market dominated the global teleradiology services market in revenue terms in 2015 and is projected to account for 41.2% market value share by 2026 end. The EU5 region is expected to be the second most lucrative segment in the global teleradiology services market with a market attractiveness index of 1.3 during the forecast period.

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Vendor insights

The report profiles some of the leading players operating in the global teleradiology services market. Top companies featured in the report include Teleradiology Solutions, Argus Radiology, SRL Diagnostics, USARAD Holdings Inc., Vital Radiology Services, Teleradiology Providers, Telemedicine Clinic, TeleDiagnosys Services Pvt. Ltd, Imaging Advantage, Foundation Radiology Group, Direct Radiology, Imaging On Call LLC, ONRAD Inc., Rays (Envision Healthcare Company), StatRad LLC, ARIS Radiology, NightShift Radiology, Mednax Inc., Alta Vista TeleRadiology, and Quality Nighthawk. These established players are focussed on strategic moves such as new product launches, increasing their distribution channels, and getting into partnerships and agreements with hospitals and specialty clinics to increase the brand awareness of their product.

Table Of Content

1. Teleradiology Services Market – Executive Summary

2. Teleradiology Services Market Introduction

2.1. Teleradiology Services Market Definition

2.2. Teleradiology Services Market Taxonomy

3. Teleradiology Services Market Analysis Scenario

3.1. Market Size (US$ Mn) Forecast

3.2. India Animal Healthcare Market Definition

3.2.1. Market Size and Y-o-Y Growth

3.2.2. Absolute $ Opportunity

3.3. Teleradiology Services Market Overview

3.3.1. Value Chain

3.3.2. List of Active Participants

3.3.2.1. Service Providers

3.3.2.2. End Users

4. Teleradiology Services Market Dynamics

4.1. Macro-economic Factors

4.2. Drivers

4.2.1. Supply Side

4.2.2. Demand Side

4.3. Restraints

4.4. Opportunity

4.5. Forecast Factors – Relevance and Impact

5. Global Teleradiology Services Market Analysis and Forecast, By Process Type

5.1. Introduction 

5.1.1. Basis Point Share (BPS) Analysis By Process Type

5.1.2. Y-o-Y Growth Projections By Process Type

5.2. Market Size (US$ Mn) Forecast By Process Type

5.2.1. Certified Reporting Services Process

5.2.2. Preliminary Reporting

5.3. Market Attractiveness Analysis By Process Type

6. Global Teleradiology Services Market Analysis and Forecast, By Service Type

6.1. Introduction

6.1.1. Basis Point Share (BPS) Analysis By Service Type

6.1.2. Y-o-Y Growth Projections By Service Type

6.1.3. Comparative Analysis By Service Type

6.2. Market Size (US$ Mn) Forecast By Service Type

6.2.1. Emergency Nighthawk

6.2.2. Day Time Coverage

6.2.3. Subspecialty Reading

6.2.3.1. Cardiac imaging

6.2.3.2. Neuroradiology

6.2.3.3. Nuclear scans

6.2.3.4. Musculoskeletal studies

6.2.4. Second Opinion

6.2.5. Clinical Trails

6.3. Market Attractiveness Analysis By Service Type

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