Teleradiology is the branch of telemedicine, which involves transmission of radiological images and related data from one location to another for diagnostic and consulting purpose. It is an advanced technology that has emerged due to the imbalance between demand and availability of diagnostic services. This is evident from the fact that high demand of radiology services in countries such as U.S., Singapore, and UK, were often unfulfilled owing to dearth of skilled and specialized professionals specific to teleradiology. For instance, in U.S., number of CT scans being performed is on an increase over the years, however, there is a persisting shortage of radiologists in the country. In Singapore, there is a paucity of radiologists for night coverage. In the UK, a radiologist takes 21 days on an average to submit an MRI report. All these challenges were met by teleradiology and thereby led to the growth of tele-based technologies and surge in demand for teleradiology techniques globally. The global teleradiology market accounted for $2,143 million in 2016 and is expected to reach $7,345 million by 2023 with a CAGR of 19.0% from 2017-2023.
Increase in demand of radiological services owing to high prevalence of chronic diseases such as congestive heart failure, orthopedic injuries propel the growth of the teleradiology market. In addition, high government expenditure on healthcare information (HCIT) sector and rise in focus of key players toward bringing innovation to digital diagnostics further fuels the market. However, low availability of broadband networks, and shortage of skilled radiologists restraints the market. Continuous advancements in medical diagnostic technologies provides lucrative opportunities for the growth of the teleradiology market growth during the forecast period.
The report segments the teleradiology market based on imaging techniques, technology, and end user. In terms of imaging techniques, the market is segmented into X-rays, computed tomography (CT), ultrasounds, magnetic resonance imaging (MRI), nuclear imaging, fluoroscopy, mammography, and others. On the basis of technology, the market is classified into hardware, software, and telecom & networking. The software market is bifurcated into picture archiving and communication system (PACS) and radiology information system (RIS). The telecom & networking market is further divided into web-based and cloud-based teleradiology solutions. Based on end user, the market is categorized into hospitals, ambulatory surgical centers, diagnostic centers, and others.
By geography, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America accounted for the highest share in the teleradiology market in 2016, and is expected to maintain its dominance throughout the forecast period, owing to the presence of well-established healthcare information technology (HCIT) infrastructure in the region. However, Asia-Pacific is expected to emerge as a lucrative area with maximum growth potential, owing to the rapidly developing healthcare infrastructure, rise in medical tourism, and high prevalence of diseases.
The key players of the teleradiology market believe in acquisition and expansion to bring innovation to web-based radiological imaging facilities. For instance, in 2015, Mednax, Inc., acquired Virtual Radiologic Corporation (vRad), a telemedicine company. This acquisition was made by Mednax for growth in teleradiology and the broader telemedicine market.
KEY BENEFITS FOR STAKEHOLDERS
KEY MARKET SEGMENTS
By imaging Techniques
By Technology
By End User
By Region
KEY PLAYERS PROFILED
The other players in the value chain include (profiles not included in the report)
CHAPTER 1 INTRODUCTION
1.1. REPORT DESCRIPTION
1.2 KEY BENEFITS
1.1.1. Secondary research
1.1.2. Primary research
1.1.3. Analyst tools & models
CHAPTER 2 EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE
CHAPTER 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.3. PORTERS FIVE FORCES ANALYSIS
3.4. REGULATORY FRAMEWORK
3.5. MARKET SHARE ANALYSIS, 2016
3.6. MARKET DYNAMICS
3.6.1. Drivers
3.6.1.1. Increase in e-healthcare market
3.6.1.2. Rise in number of diagnostic imaging procedures
3.6.1.3. Higher IT spending
3.6.2. Restraints
3.6.2.1. Low availability of broadband networks
3.6.2.2. Availability of inadequate reimbursement
3.6.3. Opportunities
3.6.3.1. Development of low power consuming, wireless, and portable x-ray technologies
CHAPTER 4 TELERADIOLOGY MARKET, BY IMAGING TECHNIQUE
4.1. OVERVIEW
4.1.1. Market size and forecast
4.2. X-RAYS
4.2.1. Key market trends
4.2.2. Growth factors and opportunities
4.2.3. Market size and forecast
4.3. COMPUTED TOMOGRAPHY (CT)
4.3.1. Key market trends
4.3.2. Growth factors and opportunities
4.3.3. Market size and forecast
4.4. ULTRASOUNDS
4.4.1. Key market trends
4.4.2. Growth factors and opportunities
4.4.3. Market size and forecast
4.5. MAGNETIC RESONANCE IMAGING (MRI)
4.5.1. Key market trends
4.5.2. Growth factors and opportunities
4.5.3. Market size and forecast
4.6. NUCLEAR IMAGING
4.6.1. Key market trends
4.6.2. Growth factors and opportunities
4.6.3. Market size and forecast
4.7. FLUOROSCOPY
4.7.1. Key market trends
4.7.2. Growth factors and opportunities
4.7.3. Market size and forecast
4.8. MAMOGRAPHY
4.8.1. Key market trends
4.8.2. Growth factors and opportunities
4.8.3. Market size and forecast
4.9. OTHER IMAGING TECHNIQUES
4.9.1. Key market trends
4.9.2. Growth factors and opportunities
4.9.3. Market size and forecast
CHAPTER 5 TELERADIOLOGY MARKET, BY TECHNOLOGY
5.1. OVERVIEW
5.1.1. Market size and forecast
5.2. HARDWARE
5.2.1. Market size and forecast
5.3. SOFTWARE
5.3.1. Market size and forecast
5.3.2. Picture Archiving and Communication System (PACS)
5.3.2.1. Market size and forecast
5.3.3. Radiology Information System (RIS)
5.3.3.1. Market size and forecast
5.4. TELECOM AND NETWORKING
5.4.1. Market size and forecast
5.4.2. Web- Based Tele Radiology Solutions
5.4.2.1. Market size and forecast
5.4.3. Cloud- Based Tele Radiology Solutions
5.4.3.1. Market size and forecast
CHAPTER 6 TELERADIOLOGY MARKET, BY END USER
6.1. OVERVIEW
6.1.1. Market size and forecast
6.2. HOSPITALS
6.2.1. Market size and forecast
6.3. AMBULATORY SURGICAL CENTERS
6.3.1. Market size and forecast
6.4. DIAGNOSTIC CENTERS
6.4.1. Market size and forecast
6.5. OTHERS
6.5.1. Market size and forecast
CHAPTER 7 TELERADIOLOGY MARKET, BY REGION
7.1. OVERVIEW
7.1.1. Market size and forecast
7.2. NORTH AMERICA
7.2.1. Key market trends
7.2.2. Key growth factors and opportunities
7.2.3. Market size and forecast
7.2.3.1. U.S. market size and forecast
7.2.3.2. Mexico market size and forecast
7.2.3.3. Canada market size and forecast
7.3. EUROPE
7.3.1. Key market trends
7.3.2. Key growth factors and opportunities
7.3.3. Market size and forecast
7.3.3.1. UK market size and forecast
7.3.3.2. France market size and forecast
7.3.3.3. Germany market size and forecast
7.3.3.4. Italy market size and forecast
7.3.3.5. Spain market size and forecast
7.3.3.6. Russia market size and forecast
7.3.3.7. Rest of Europe market size and forecast
7.4. ASIA-PACIFIC
7.4.1. Key market trend
7.4.2. Key growth factors and opportunities
7.4.3. Market size and forecast
7.4.3.1. India market size and forecast
7.4.3.2. Japan market size and forecast
7.4.3.3. China market size and forecast
7.4.3.4. Taiwan market size and forecast
7.4.3.5. South Korea market size and forecast
7.4.3.6. Rest of Asia-Pacific market size and forecast
7.5. LAMEA
7.5.1. Key market trends
7.5.2. Key growth factors and opportunities
7.5.3. Market size and forecast
7.5.3.1. Brazil market size and forecast
7.5.3.2. South Africa market size and forecast
7.5.3.3. Saudi Arabia market size and forecast
7.5.3.4. Turkey market size and forecast
7.5.3.5. Venezuela market size and forecast
7.5.3.6. Rest of LAMEA market size and forecast
CHAPTER 8 COMPANY PROFILES
8.1. SIEMENS AG
8.1.1. Company overview
8.1.2. Company snapshot
8.1.3. Operating business segments
8.1.4. Business performance
8.1.5. Key strategic moves and developments
8.2. 4WAYS LIMITED.
8.2.1. Company overview
8.2.2. Company snapshot
8.2.3. Operating business segments
8.2.4. Key strategic moves and developments
8.3. GLOBAL DIAGNOSTICS LTD.
8.3.1. Company overview
8.3.2. Company snapshot
8.3.3. Operating business segments
8.3.4. Key strategic moves and developments
8.4. MEDNAX, INC.
8.4.1. Company overview
8.4.2. Company snapshot
8.4.3. Operating business segments
8.4.4. Business performance
8.4.5. Key strategic moves and developments
8.5. FUJIFILM MEDICAL SYSTEMS
8.5.1. Company overview
8.5.2. Company snapshot
8.5.3. Operating business segments
8.5.4. Business performance
8.5.5. Key strategic moves and developments
8.6. ONRAD, INC.
8.6.1. Company overview
8.6.2. Company snapshot
8.6.3. Operating business segments
8.6.4. Key strategic moves and developments
8.7. TELEDIAGNOSTICS SERVICES PVT. LTD.
8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Operating business segments
8.7.4. Key strategic moves and developments
8.8. EVERLIGHT RADIOLOGY
8.8.1. Company overview
8.8.2. Company snapshot
8.8.3. Operating business segments
8.8.4. Key strategic moves and developments
8.9. AGFA-GEVAERT GROUP
8.9.1. Company overview
8.9.2. Company snapshot
8.9.3. Operating business segments
8.9.4. Business performance
8.9.5. Key strategic moves and developments
8.10. RADISPHERE NATIONAL RADIOLOGY GROUP, INC.
8.10.1. Company overview
8.10.2. Company snapshot
8.10.3. Operating business segments
8.10.4. Key strategic moves and developments
LIST OF TABLES
TABLE 1. GLOBAL TELERADIOLOGY MARKET, BY IMAGING TECHNIQUE, 2016-2023 ($MILLION)
TABLE 2. GLOBAL TELERADIOLOGY MARKET FOR X-RAY IMAGING TECHNIQUE, BY REGION, 2016-2023 ($MILLION)
TABLE 3. GLOBAL TELERADIOLOGY MARKET FOR COMPUTED TOMOGRAPHY (CT) IMAGING TECHNIQUE, BY REGION, 2016-2023 ($MILLION)
TABLE 4. GLOBAL TELERADIOLOGY MARKET FOR ULTRASOUNDS IMAGING TECHNIQUE, BY REGION, 2016-2023 ($MILLION)
TABLE 5. GLOBAL TELERADIOLOGY MARKET FOR MAGNETIC RESONANCE IMAGING (MRI) IMAGING TECHNIQUE, BY REGION, 2016-2023 ($MILLION)
TABLE 6. GLOBAL TELERADIOLOGY MARKET FOR NUCLEAR IMAGING TECHNIQUE, BY REGION, 2016-2023 ($MILLION)
TABLE 7. GLOBAL TELERADIOLOGY MARKET FOR FLUOROSCOPY IMAGING TECHNIQUE, BY REGION, 2016-2023 ($MILLION)
TABLE 8. GLOBAL TELERADIOLOGY MARKET FOR MAMOGRAPHY IMAGING TECHNIQUE, BY REGION, 2016-2023 ($MILLION)
TABLE 9. GLOBAL TELERADIOLOGY MARKET FOR OTHER IMAGING TECHNIQUE, BY REGION, 2016-2023 ($MILLION)
TABLE 10. GLOBAL TELERADIOLOGY MARKET, BY TECHNOLOGY, 2016-2023 ($MILLION)
TABLE 11. GLOBAL TELERADIOLOGY MARKET FOR HARDWARE TECHNOLOGY, BY REGION, 2016-2023 ($MILLION)
TABLE 12. GLOBAL TELERADIOLOGY MARKET FOR SOFTWARE TECHNOLOGY, BY TYPE, 2016-2023 ($MILLION)
TABLE 13. GLOBAL SOFTWARE TELERADIOLOGY MARKET FOR PICTURE ARCHIVING AND COMMUNICATION SYSTEM (PACS) TECHNOLOGY, BY REGION, 2016-2023 ($MILLION)
TABLE 14. GLOBAL SOFTWARE TELERADIOLOGY MARKET FOR RADIOLOGY INFORMATION SYSTEM (RIS) TECHNOLOGY, BY REGION, 2016-2023 ($MILLION)
TABLE 15. GLOBAL TELERADIOLOGY MARKET FOR TELECOM AND NETWORKING TECHNOLOGY, BY TYPE, 2016-2023 ($MILLION)
TABLE 16. GLOBAL TELECOM & NETWORKING TELERADIOLOGY MARKET FOR WEB- BASED TELE RADIOLOGY SOLUTIONS TECHNOLOGY, BY REGION, 2016-2023 ($MILLION)
TABLE 17. GLOBAL TELECOM & NETWORKING TELERADIOLOGY MARKET FOR CLOUD- BASED TELE RADIOLOGY SOLUTIONS TECHNOLOGY, BY REGION, 2016-2023 ($MILLION)
TABLE 18. GLOBAL TELERADIOLOGY MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 19. GLOBAL TELERADIOLOGY MARKET FOR HOSPITALS END USER, BY REGION, 2016-2023 ($MILLION)
TABLE 20. GLOBAL TELERADIOLOGY MARKET FOR AMBULATORY SURGICAL CENTERS END USER, BY REGION, 2016-2023 ($MILLION)
TABLE 21. GLOBAL TELERADIOLOGY MARKET FOR DIAGNOSTIC CENTERS END USER, BY REGION, 2016-2023 ($MILLION)
TABLE 22. GLOBAL TELERADIOLOGY MARKET FOR OTHERS END USER, BY REGION, 2016-2023 ($MILLION)
TABLE 23. TELARADIOLOGY MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 24. NORTH AMERICA TELERADIOLOGY MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 25. NORTH AMERICA TELERADIOLOGY MARKET, BY IMAGING TECHNIQUES, 2016-2023 ($MILLION)
TABLE 26. NORTH AMERICA TELERADIOLOGY MARKET, BY TECHNOLOGY, 2016-2023 ($MILLION)
TABLE 27. NORTH AMERICA TELERADIOLOGY MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 28. EUROPE TELERADIOLOGY MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 29. EUROPE TELERADIOLOGY MARKET, BY IMAGING TECHNIQUES, 2016-2023 ($MILLION)
TABLE 30. EUROPE TELERADIOLOGY MARKET, BY TECHNOLOGY, 2016-2023 ($MILLION)
TABLE 31. EUROPE TELERADIOLOGY MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 32. ASIA-PACIFIC TELERADIOLOGY MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 33. ASIA-PACIFIC TELERADIOLOGY MARKET, BY IMAGING TECHNIQUES, 2016-2023 ($MILLION)
TABLE 34. ASIA-PACIFIC TELERADIOLOGY MARKET, BY TECHNOLOGY, 2016-2023 ($MILLION)
TABLE 35. ASIA-PACIFIC TELERADIOLOGY MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 36. LAMEA TELERADIOLOGY MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 37. LAMEA TELERADIOLOGY MARKET, BY IMAGING TECHNIQUES, 2016-2023 ($MILLION)
TABLE 38. LAMEA TELERADIOLOGY MARKET, BY TECHNOLOGY, 2016-2023 ($MILLION)
TABLE 39. LAMEA TELERADIOLOGY MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 40. SIEMENS: COMPANY SNAPSHOT
TABLE 41. SIEMENS: OPERATING SEGMENTS
TABLE 42. 4WAYS: COMPANY SNAPSHOT
TABLE 43. 4WAYS: OPERATING SEGMENTS
TABLE 44. GLOBAL DIAGNOSTICS: COMPANY SNAPSHOT
TABLE 45. GLOBAL DIAGNOSTICS: OPERATING SEGMENTS
TABLE 46. MEDNAX: COMPANY SNAPSHOT
TABLE 47. MEDNAX: OPERATING SEGMENTS
TABLE 48. FUJIFILM: COMPANY SNAPSHOT
TABLE 49. FUJIFILM: OPERATING SEGMENTS
TABLE 50. ONRAD: COMPANY SNAPSHOT
TABLE 51. ONRAD: OPERATING SEGMENTS
TABLE 52. TELEDIAGNOSTICS: COMPANY SNAPSHOT
TABLE 53. TELEDIAGNOSTICS: OPERATING SEGMENTS
TABLE 54. EVERLIGHT: COMPANY SNAPSHOT
TABLE 55. EVERLIGHT: OPERATING SEGMENTS
TABLE 56. AGFA: COMPANY SNAPSHOT
TABLE 57. AGFA: OPERATING SEGMENTS
TABLE 58. RADISPHERE: COMPANY SNAPSHOT
TABLE 59. RADISPHERE: OPERATING SEGMENTS
LIST OF FIGURES
FIGURE 1. GLOBAL TELERADIOLOGY MARKET, 2016-2023
FIGURE 2. SEGMENTATION OF GLOBAL TELERADIOLOGY MARKET, 2016-2023
FIGURE 3. TOP INVESTMENT POCKETS IN GLOBAL TELERADIOLOGY MARKET
FIGURE 4. TOP WINNING STRATEGIES: PERCENTAGE DISTRIBUTION (2014-2017)
FIGURE 5. TOP WINNING STRATEGIES: NATURE AND TYPE
FIGURE 6. TOP WINNING STRATEGIES: NATURE AND COMPANY
FIGURE 7. BARGAINING POWER OF BUYERS
FIGURE 8. BARGAINING POWER OF SUPPLIERS
FIGURE 9. THREAT OF NEW ENTRANTS
FIGURE 10. THREAT OF SUBSTITUTION
FIGURE 11. COMPETITIVE RIVALRY
FIGURE 12. RESTRAINTS AND DRIVERS: GLOBAL TELERADIOLOGY MARKET
FIGURE 13. GLOBAL TELERADIOLOGY MARKET: IMAGING TECHNIQUE
FIGURE 14. TELERADIOLOGY MARKET, BY TECHNOLOGY
FIGURE 15. TELERADIOLOGY MARKET, BY END USER
FIGURE 16. TELERADIOLOGY MARKET, BY GEOGRAPHY
FIGURE 17. U.S. TELERADIOLOGY MARKET, 2016-2023 ($MILLION)
FIGURE 18. MEXICO TELERADIOLOGY MARKET, 2016-2023 ($MILLION)
FIGURE 19. CANADA TELERADIOLOGY MARKET, 2016-2023 ($MILLION)
FIGURE 20. UK TELERADIOLOGY MARKET, 2016-2023 ($MILLION)
FIGURE 21. FRANCE TELERADIOLOGY MARKET, 2016-2023 ($MILLION)
FIGURE 22. GERMANY TELERADIOLOGY MARKET, 2016-2023 ($MILLION)
FIGURE 23. ITALY TELERADIOLOGY MARKET, 2016-2023 ($MILLION)
FIGURE 24. SPAIN TELERADIOLOGY MARKET, 2016-2023 ($MILLION)
FIGURE 25. RUSSIA TELERADIOLOGY MARKET, 2016-2023 ($MILLION)
FIGURE 26. REST OF EUROPE TELERADIOLOGY MARKET, 2016-2023 ($MILLION)
FIGURE 27. INDIA TELERADIOLOGY MARKET, 2016-2023 ($MILLION)
FIGURE 28. JAPAN TELERADIOLOGY MARKET, 2016-2023 ($MILLION)
FIGURE 29. CHINA TELERADIOLOGY MARKET, 2016-2023 ($MILLION)
FIGURE 30. TAIWAN TELERADIOLOGY MARKET, 2016-2023 ($MILLION)
FIGURE 31. SOUTH KOREA TELERADIOLOGY MARKET, 2016-2023 ($MILLION)
FIGURE 32. REST OF ASIA-PACIFIC TELERADIOLOGY MARKET, 2016-2023 ($MILLION)
FIGURE 33. BRAZIL TELERADIOLOGY MARKET, 2016-2023 ($MILLION)
FIGURE 34. SOUTH AFRICA TELERADIOLOGY MARKET, 2016-2023 ($MILLION)
FIGURE 35. SAUDI ARABIA TELERADIOLOGY MARKET, 2016-2023 ($MILLION)
FIGURE 36. TURKEY TELERADIOLOGY MARKET, 2016-2023 ($MILLION)
FIGURE 37. VENEZUELA TELERADIOLOGY MARKET, 2016-2023 ($MILLION)
FIGURE 38. REST OF LAMEA TELERADIOLOGY MARKET, 2016-2023 ($MILLION)
FIGURE 39. SIEMENS: NET SALES, 2014-2017 ($MILLION)
FIGURE 40. SIEMENS: REVENUE BY SEGMENT, 2016 (%)
FIGURE 41. SIEMENS: REVENUE BY GEOGRAPHY, 2016 (%)
FIGURE 42. MEDNAX: NET SALES, 2014-2017 ($MILLION)
FIGURE 43. MEDNAX: REVENUE BY SEGMENT, 2016 (%)
FIGURE 44. MEDNAX: REVENUE BY GEOGRAPHY, 2016 (%)
FIGURE 45. FUJIFILM: NET SALES, 2014-2017 ($MILLION)
FIGURE 46. FUJIFILM: REVENUE BY SEGMENT, 2016 (%)
FIGURE 47. FUJIFILM: REVENUE BY GEOGRAPHY, 2016 (%)
FIGURE 48. AGFA: NET SALES, 2014-2017 ($MILLION)
FIGURE 49. AGFA: REVENUE BY SEGMENT, 2016 (%)
FIGURE 50. AGFA: REVENUE BY GEOGRAPHY, 2016 (%)
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Published On : December 2019
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