Easy Technological Accessibility Driving the Demand for Teleradiology Across the Globe

Friday, April 28, 2017 General News
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VALLEY COTTAGE, New York, April 28, 2017 /PRNewswire/ --

According to National Institute of Cancer, 448.7 new cancer

cases per 100,000 men and women are diagnosed each year in the US. Taking into account the gravity of such details, the demand for teleradiology is expected to surge not just in the US, but in regions witnessing higher concurrence of cancer. In its latest
report, Future Market Insights assesses that the global demand for teleradiology will soar vigorously in the years to come. And, the report projects that largest share of global teleradiology revenues will be emanating from the US alone. The country will not only account for dominance of North America in the global teleradiology market, but by the end of 2026, US teleradiology revenues will have closed in on US$ 5.5 Bn value. During this period, the US teleradiology market is expected to reflect a sizeable gain of 416 BPS, exhibiting a stellar CAGR of 22.3%. 

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According to Future Market Insights, the global market for teleradiology is presently valued at US$ 1.9 Bn, and is anticipated to be worth US$ 13.2 Bn by the end of 2026, reflecting a CAGR of 21%. The report, titled "Teleradiology Market: Global Industry Analysis and Opportunity Assessment, 2016-2026," has analysed the global teleradiology market by splitting other parts of the world from the US. Dominance of US on the global teleradiology market is expected to remain throughout the forecast. Teleradiology Solutions, Argus Radiology, USARAD Holdings, Inc., 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 are US-based companies actively participating in the growth of global teleradiology market.

Request a Sample Report with Table of Contents: http://www.futuremarketinsights.com/reports/sample/rep-gb-1747

However, the report also anticipates higher contribution from Europe and the Asia-Pacific excluding Japan (APEJ) region. By the end of 2026, the teleradiology market in Europe will have reached US$ 2.76 Bn in value, while teleradiology revenues accounted the APEJ region will record fastest growth at 24.6% CAGR. European healthcare companies such as Global Diagnostics (Integral Diagnostics), 4ways Healthcare Limited, Medica Group PLC, Teleconsult Europe, and Telemedicine Clinic are also observed as key market players. The report has also profiled companies such as Everlight Radiology, SRL Diagnostics, and Vital Radiology Services, which are based across the APEJ region. 

Easy Access to Teleradiology Promoting its Adoption 

The report has observed that increasing consumer awareness regarding teleradiology & easy accessibility of this technology are boosting the market's growth at considerable extent. Due to online availability of the radiology series, diagnostic images of complex problems can be shared between professionals within a medical setting. Moreover, local clinicians or radiologists can get opinions from subspecialists in order to make informed decision. Active participation and initiatives taken by various government and non-profit organizations to spread awareness regarding telemedicine worldwide is also expected to fuel growth of the global teleradiology market.

Preview Analysis on Global Teleradiology Market Taxonomy By Modality - X-Ray Scans, CT Scans, MRI Scans, Ultrasound Scans, Nuclear Scan, Cardiac Echo, Mammography, Electromammography; By End User - Hospitals, Clinics, Ambulatory Surgical Centres, Radiology Centres: http://www.futuremarketinsights.com/reports/teleradiology-market

Global Teleradiology Market: Key Research Highlights 

  • A majority of teleradiologists will be preferring CT-scan as the modality for diagnosis, revenues from which are expected to surge at 23.6% CAGR
  • MRI scan and ultrasound scans will also be prominent modes of carrying out teleradiological diagnosis
  • While hospitals & clinics, collectively, will remain the largest end-users of teleradiology, the demand for such diagnostic technology is expected to gain traction across ambulatory surgical centres (ASCs)
  • By 2026-end, ASCs will account for an estimated 30% share of global teleradiology revenues

More from FMI's Cutting-edge Intelligence: 

  • Peripheral Intravenous Catheter Market Segmentation By Product Type - Short PIVC, Ported PIVC, Non-Ported PIVC and Integrated/Closed PIVC; By Technology - Conventional PIVC and Safety PIVC; By End-User - Hospitals, Ambulatory Surgical Centres, Clinics, Home Use and Others: http://www.futuremarketinsights.com/reports/peripheral-intravenous-catheter-market
  • Widefield Imaging Systems Market Segmentation By Indication - Diabetic Retinopathy, Retinopathy of Prematurity, Pediatric Retinal Diseases, Retinal Vein Occlusion, Ocular Oncology, Uveitis, Chorioretinal Diseases, Glaucoma; By Component - Instruments, Software (Image Viewing & Data Analysis and Interpretation Software); By Modality - Standalone, Portable; By End User - Specialty Clinics, Hospitals, Ambulatory Surgical Centres: http://www.futuremarketinsights.com/reports/wide-field-imaging-systems-market
  • Digital Mobile X-Ray Devices Market Segmentation By Product - Mobile X-Ray, Hand-Held X-Ray Device; By Technology - Computed Radiography, Direct Radiography; By Application - Orthopaedic Imaging, Chest Imaging, Dental Imaging and Others; By End-User - Hospital, Radiology Centres, Outpatient Clinics and Other End Users: http://www.futuremarketinsights.com/reports/digital-mobile-x-ray-market

About Us 

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

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SOURCE Future Market Insights

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