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:
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:
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The following are the main reasons to buy the Global Teleradiology Services Market report:
The report considers the following market growth estimation timeline:
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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