Product Overview
Teleradiology is the process of the interpretation and analysis of medical images by a radiologist who is not present at the location where the images were made. Hospitals, emergency treatment centers, telemedicine providers, and other hospitals make use of this program. Teleradiology programs enable radiologists to use online services without having to be physically present on-site to enhance patient care and treatment.

Market Highlights
Teleradiology Market is expected to project a notable CAGR of 23.3% in 2030.
Teleradiology Market to surpass USD 25.3 billion by 2030 from USD 7.5 billion in 2019 at a CAGR of 23.3% throughout the forecast period, i.e., 2020-30. The major high-impact rendering driver is the growing demand for teleradiology in cases of second opinion and emergencies. Moreover, a shortage of healthcare professionals is leading to the adoption of teleradiology services especially in sub-specialist segments such as pediatric, neurology, and musculoskeletal radiology. Teleradiology allows healthcare practitioners, regardless of distance, to access patient records, thus enhancing diagnostic coverage. Therefore, during the forecast period, the increasing adoption of teleradiology for timely diagnosis is expected to drive the market.

Teleradiology Market: Segments
Computed Tomography (CT) segment to grow with the highest CAGR during 2020-30
Teleradiology Market is segmented by Product as X-ray, Ultrasound, Magnetic Resonance Imaging (MRI), Computed Tomography (CT), and Nuclear Imaging. The X-ray segment held the largest revenue share of XX.X% in 2019. Some of the factors responsible for the dominance of the segment are economic pricing, high use in primary diagnosis, and the implementation of revolutionary devices such as filmless x-ray systems. The Computed Tomography (CT) segment is expected to see the fastest rise over the forecast period. To contribute to segment development, CT provides faster and clearer images of complex body organs such as the brain, cardiac cavities, and lungs.

Hospitals Segment to grow with the highest CAGR during 2020-30
Teleradiology Market is segmented by End-user into Hospitals, Ambulatory Imaging Centers, and Radiology Clinics. The Hospital segment accounted for the highest revenue share of XX.X% in the Teleradiology market and the segment is expected to grow at a significant rate during the forecast period. Teleradiology facilities are used by hospitals for critical care, primary diagnosis, and second opinion. In emergency treatment, however, these facilities are usually preferred. Therefore, the growing number of hospital emergency visits is expected to drive the segment over the projected period. During the forecast era, Ambulatory Imaging Centers (AIC) are expected to expand at the fastest rate, fueled by increasing demand for imaging procedures, cost-effectiveness, and the lack of radiologists. The radiology clinics segment is also expected to expand at a healthy rate during the forecast period. The high radiologists’ pay scale, coupled with increasing imaging costs, is expected to drive this segment’s revenue contribution over the forecast period.

Teleradiology Market: Market Dynamics
Drivers
Government initiatives to promote healthcare digitalization
Government programs to encourage the digitalization of healthcare are also expected to assist in business growth. The growth of the teleradiology market is driven by increased demand for radiological services due to the high prevalence of chronic diseases such as congestive heart failure and orthopedic injuries. Besides, the growth of the market is further fueled by a substantial increase in government spending on health information (HCIT) and an increase in the emphasis of key players on bringing innovation to digital diagnostics.

Shift towards a value-based healthcare model
Growth of the global teleradiology services market is expected to be driven by a move towards a value-based healthcare model. Different cost-containment policies are being implemented by governments and regulatory bodies across countries to reduce the burden of healthcare, especially in developed economies. This move from volume to a value-based system is motivated by numerous measures taken by governments, providers of teleradiology services, and companies in the life sciences, including result-based pricing, sharing of benefit & risk, price management, and competitive tendering.

Restrain
Low availability of broadband networks and shortage of skilled radiologists
One of the key factors that could hamper the growth of the global teleradiology services market is the high cost involved in the initial setup and implementation of imaging equipment and broadband infrastructure in remote locations. Besides, the chances of recovering the costs depend entirely on the number of scans per day that arrive. Therefore, it is very uncertain to reach break-even and entails high risk. Besides, the lack of data protection for imagery is also expected to hinder the market growth. The practice of teleradiology includes the worldwide transfer of imaging data, for which it is important to preserve data confidentiality and protection. Lack of effective data protection measures could adversely hamper the growth of the market for teleradiology services.

Teleradiology Market: Key Players
Envision Healthcare Corporation

Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, and SWOT Analysis.

Agfa-Gevaert N.V.
4ways Healthcare Limited
InHealth
Teleradiology Solutions
USARAD Holdings, Inc.
ONRAD, Inc.
TeleDiagnosys Services Pvt Ltd.
Euro American Tele Radiology
Cybernet Medical Corporation
Teleradiology Market: Regions
Teleradiology Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC, and MENA.

Teleradiology Market in North America held the largest market share of 38.7% in the year 2019. The key factors contributing to the region’s leading role are the growing target population base, the increasing prevalence of chronic diseases, and the involvement of major market players. Besides, the regional market is likely to be powered by a developed infrastructure, supportive government policies, and growing demand for effective teleradiology solutions. Over the forecast era, Asia Pacific is expected to see the fastest rise. This, combined with the rapidly expanding health system in the country, can be due to high unmet healthcare needs.

Competitive Landscape:
Teleradiology market, which is highly competitive, consists of several major players such as Philips Healthcare (Netherlands), Cerner Corporation (US), Siemens Healthineers (Germany), McKesson Corporation (US), FUJIFILM Holdings Corporation (Japan), Agfa Healthcare (Belgium) hold a substantial market share in the Teleradiology market. Other players analyzed in this report are MEDNAX Services, Inc. (US), ONRAD Inc. (US), RamSoft Inc. (Canada), Novarad Corporation (US), TeleDiagnostic Solutions Pvt. Ltd. (India), Teleradiology Solutions (India), Telerad Tech (India), StatRad LLC (US), MedWeb LLC (US), WebRad TeleRadiology (India), Nautilus Medical (US), Carestream Health Inc. (US), USARAD Holdings, Inc. (US), and Everlight Radiology (Australia) among others.

The market competition has been stepped up by the availability of many players offering Teleradiology. For Instance, In June 2020, Phillips Healthcare (Netherlands) entered into a partnership with American Telemedicine Association (ATA) (US). This partnership aims to further the adoption of telehealth in the US.

Teleradiology Market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA
Teleradiology Market report also contains analysis on:
Teleradiology Market Segments:

By Product:
X-ray
Ultrasound
Magnetic Resonance Imaging (MRI)
Computed Tomography (CT)
Nuclear Imaging
By Technology:
Hardware
Software
Picture Archiving and Communication System (PACS)
Radiology Information System (RIS)
Telecom & Networking
Web-Based Teleradiology Solutions
Cloud-Based Teleradiology Solutions
By End-use:
Hospitals
Ambulatory Imaging Centers
Radiology Clinics
Teleradiology Market Dynamics
Teleradiology Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
FAQs on Teleradiology Market
Which segment is anticipated to hold the largest market share?
At what CAGR is the market anticipated to grow between 2020 and 2030?
Who are the key players in the Teleradiology Market?
What could be the challenging factors in the growth of the Teleradiology Market?
What are the growth drivers for the Teleradiology Market?

The post Global Teleradiology Market Outlook 2030: Industry Insights & Opportunity Evaluation, 2019-2030 first appeared on CRI Report.

Telehealth is the combined use of medical devices and communication technologies to diagnose, analyze and monitor diseases and symptoms. The Telehealth industry makes use of telecommunication technologies to deliver health care, health information or health education at a distance. Also referred to as telemedicine, e-health or e-medicine, Telehealth is the overall term for the world of virtual care delivery as it encompasses a broad variety of technologies and tactics to deliver virtual healthcare solutions. Telehealth consulting services make it easier for patients to get a consultation from healthcare providers irrespective of their location.

The global Telehealth market is estimated to be valued at USD 25.30 billion in 2022, growing at a CAGR of 14% during 2014-2022.

This Telehealth report takes into consideration two segments – by technology and by application. Under technology segment, Remote Patient Monitoring, mHealth, and Video Telemedicine are included. The application segment consists of Teledermatology, Teleradiology, Telecardiology, Telepathology, and Others (Teleaudiology and Teleophthalmology).

Remote Patient Monitoring dominates the Telehealth technology segment with a 65% market share in 2014 and is projected to remain so through 2022. mHealth holds the second largest share with a significant CAGR of 18% through 2014-2022. Video Telemedicine contributes the least market share to Telehealth with a significant CAGR of 13%.
Teledermatology segment holds the largest share in 2014 but with the lowest growth rate. Teleradiology contributes the second highest share with an average CAGR of about 12%. Telecardiology is expected to dominate the application segment in 2022. Telepathology holds the least share throughout 2014-2022, out of the four mentioned segments with 17% CAGR.

Key growth factors

The incidence of chronic diseases requires continuity in treatment and care. Most patients are unable to make regular visits to hospitals because of their poor health conditions. So, the prevalence of chronic diseases serves as a major driver for the Telehealth market. Other key drivers are the emergence of mobile health hubs, advancement of healthcare technology and infrastructure and the expected growth in wearable technology.

Threats and key players

Although the global Telehealth market shows positive growth, it is not free from obstacles and challenges. Some of the critical threats are high installation charges of the Telehealth devices and Telehealth systems, lack of reimbursement policies, problems in practice regulations and licensing and lack of awareness of the technology spread.
Additionally, low internet penetration and lack of healthcare technology and infrastructure in some regions plays a significant role in restricting the expansion of global Telehealth solutions. Notably, most of the Middle Eastern and African countries face various infrastructural and economic challenges.

Some of the major players in the telematics market are McKesson Corporation, Cerner Corporation, Medtronic Inc., GE Healthcare, Cisco Systems, Allscripts Healthcare Solutions and Honeywell Life Care Solutions.

What’s covered in the report?

1. Overview of the Global Telehealth Market
2. Historical, current and forecast market size data for Global Telehealth Market, Remote Patient Monitoring, mHealth, Video Telemedicine, Teledermatology, Teleradiology, Telecardiology, Telepathology and Others sectors
3. Historical, current and forecast regional (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) market size data for Global Telehealth Market, Remote Patient Monitoring, mHealth, Video Telemedicine, Teledermatology, Teleradiology, Telecardiology, Telepathology and Others sectors
4. Telehealth market analysis consisting of telehealth services and telehealth devices – by value chain diagram
5. Analysis of the primary drivers and challenges affecting the Global Telehealth Market, Remote Patient Monitoring, mHealth, Video Telemedicine, Teledermatology, Teleradiology, Telecardiology, Telepathology and Others sectors
6. Analysis of the competitive landscape and profiles of major companies operating in the market
7. Market Trends in Global Telehealth Market

Why buy?

1. Get a broad overview of the Global Telehealth systems which would help in further telehealth research
2. Get region-specific drivers and challenges affecting the Global Telehealth Market
3. Device market-entry strategies by understanding the driving factors of the market
4. Get relevant company profiles and start-up company profiles

1. Chapter 1:- Executive Summary
a. Market Segmentation
b. Key Questions Answered in This Study
c. Executive Summary
d. Telecommunication Industry Evolution
e. Global 5G Overview- 2025
f. Global 5G Depiction Landscape

2. Chapter 2:- Global- Market Overview
a. Global Market Drivers
i. IOT/ M2M (Industry Penetration)
ii. IOT/ M2M (Applications)
iii. Enhanced Mobile Broadband
iv. Smartphone Adaptation
v. Data Density
b. Global Market Size- SIM Cellular Connections
c. Global Market Size- SIM M2M Cellular Connections
d. Global Market Size- Data consumption by SIM Cellular Connections
e. Global Market Size- Data consumption by SIM M2M Cellular Connections
f. Global Market Size- Data Traffic by SIM Cellular Connections
g. Global Market Size- Data Traffic by SIM M2M Cellular Connections
h. Global Market Size- Revenue

3. Chapter 3:- North America- Market Overview
a. North America -Market Drivers
b. North America Market Size- SIM Cellular Connections
c. North America Market Size- SIM M2M Cellular Connections
d. North America Market Size- Data Usage by SIM Cellular Connections
e. North America Market Size- Data Usage by SIM M2M Cellular Connections
f. North America Market Size-Data Traffic by SIM Cellular Connections
g. North America Market Size- Data Traffic by SIM M2M Cellular Connections
h. North America Market Size- Revenue
i. North America- Market Trends
j. North America- Market Challenges

4. Chapter 4:- Europe- Market Overview
a. Europe- Market Drivers
b. Europe Market Size- SIM Cellular Connections
c. Europe Market Size- SIM M2M Cellular Connections
d. Europe Market Size- Data Usage by SIM Cellular Connections
e. Europe Market Size- Data Usage by SIM M2M Cellular Connections
f. Europe Market Size- Data Traffic by SIM Cellular Connections
g. Europe Market Size- Data Traffic by SIM M2M Cellular Connections
h. Europe Market Size- Revenue
i. Europe- Market Trends
j. Europe- Market Challenges

5. Chapter 5:- Asia Pacific- Market Overview
a. Asia Pacific- Market Drivers
b. Asia Pacific Market Size- SIM Cellular Connections
c. Asia Pacific Market Size- SIM M2M Cellular Connections
d. Asia Pacific Market Size- Data Usage by SIM Cellular Connections
e. Asia Pacific Market Size- Data Usage by SIM M2M Cellular Connections
f. Asia Pacific Market Size- Data Traffic by SIM Cellular Connections
g. Asia Pacific Market Size- Data Traffic by SIM M2M Cellular Connections
h. Asia pacific Market Size- Revenue
i. Asia Pacific- Market Trends
j. Asia Pacific- Market Challenges

6. Chapter 6:- Latin America- Market Overview
a. Latin America- Market Drivers
b. Latin America Market Size- SIM Cellular Connections
c. Latin America Market Size- SIM M2M Cellular Connections
d. Latin America Market Size- Data Usage by SIM Cellular Connections
e. Latin America Market Size- Data Usage by SIM M2M Cellular Connections
f. Latin America Market Size- Data Traffic by SIM Cellular Connections
g. Latin America Market Size- Data Traffic by SIM M2M Cellular Connections
h. Latin America Market Size- Revenue
i. Latin America- Market Trends
j. Latin America- Market Challenges

7. Chapter 7:- Middle East and Africa- Market Overview
a. Middle East and Africa – Market Drivers
b. Middle East and Africa Market Size- SIM Cellular Connections
c. Middle East and Africa Market Size- SIM M2M Cellular Connections
d. Middle East and Africa Market Size- Data Usage by SIM Cellular Connections
e. Middle East and Africa Market Size- Data Usage by SIM M2M Cellular Connections
f. Middle East and Africa Market Size- Data Traffic by SIM Cellular Connections
g. Middle East and Africa Market Size- Data Traffic by SIM M2M Cellular Connections
h. Middle East and Africa Market Size- Revenue
i. Middle East and Africa – Market Trends
j. Middle East and Africa – Market Challenges

8. Chapter 8:- 5G Global Landscape- Tests, Trials, and Demonstrations
a. Company Overview – China Mobile
i. Key Highlights
ii. 5G Growth Strategy and Investments
b. Company Overview – Verizon Communications
i. Key Highlights
ii. 5G Growth Strategy and Investments
c. Company Overview – AT&T
i. Key Highlights
ii. 5G Growth Strategy and Investments
d. Company Overview – Vodafone
i. Key Highlights
ii. 5G Growth Strategy and Investments
e. Company Overview – Nippon Telegraph and Telephone
i. Key Highlights
ii. 5G Growth Strategy and Investments
f. Company Overview – Sprint Corporation
i. Key Highlights
ii. 5G Growth Strategy and Investments
g. Company Overview – Deutsche Telekom
i. Key Highlights
ii. 5G Growth Strategy and Investments
h. Company Overview – Telefónica
i. Key Highlights
ii. 5G Growth Strategy and Investments
i. Company Overview – América Móvil
i. Key Highlights
ii. 5G Growth Strategy and Investments
j. Company Overview – China Telecommunications Corporation
i. Key Highlights
ii. 5G Growth Strategy and Investments

9. Chapter 9:- 5G-The Road Ahead
a. 5G Impact on Media Companies
b. 5G Impact on Connected Device Makers
c. 5G Impact on Network Operators
d. 5G Impact on Network Suppliers

10. Chapter 10:- Appendix
a. Research Methodology
b. Assumptions
c. About Netscribes Inc

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