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.

Asia Pacific is expected to register the highest CAGR over the forecast period due to the increasing initiatives of the government to modernize the healthcare infrastructure and growing investments on the R & D for the production of advanced solutions.

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Key Highlights From The Report

• The Hospitals & clinics segment dominated the market with a share of 54.6% in 2019 due to the growing adoption of teleradiology services by the hospitals & Clinics. Due to the pandemic, there is a shortage of radiologists, which have led to the increasing adoption of diagnostic imaging procedures in order to maintain workflow and increase efficiency.
• The software segment is expected to experience the highest CAGR over the forecast period due to the growing demand for healthcare software to increase data transparency and improve patient outcomes.
• 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.

Market Segmentation:

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

Regions Covered in This Report:

1. North America(U.S., Mexico, and Canada)
2. Asia Pacific(China, Japan, India, and Rest of Asia Pacific)
3. Europe(U.K., Germany, France, and Rest of Europe)
4. Latin America(Brazil and Rest of Latin America)
5. Middle East & Africa(GCC Countries and Rest of Middle East & Africa)

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Key Coverage of the Teleradiology Services Market:

• Insightful information regarding the global Teleradiology Services market
• Identification of growth in various segments and sub-segments of the Teleradiology Services market
• Strategic recommendations for investment opportunities
• The report covers significant statistics related to the industry along with products, applications, price analysis, demand & supply, and production and consumptions rate
• Emerging trends and current market segment analysis to help investors formulate new business strategies
• Accelerates the decision-making process through the availability of the drivers and limitations

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

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