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Teleradiology Market Study for 2022 to 2030 providing information on Key Players, Growth Drivers and Industry challenges

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Global Teleradiology Market- INTRODUCTION

The sale of teleradiology products by companies, individual proprietors, and partnerships that deal with the transfer of radiological images from one location to another constitutes the teleradiology market. When a radiologist is not physically present in the location where the images are created, teleradiology is used to analyse medical images. Hospitals, mobile imaging companies, urgent care facilities, and even some private practises employ it. The primary justification for employing teleradiology is the high cost of having a radiologist on-site.

  The primary teleradiology modality types include X-ray, MRI, CT, and ultrasound devices. The transmission of x-ray pictures from one place to another is done using x-ray teleradiology systems. An X-ray is a method used in medicine to provide photographs of the body's internal structure, including pictures of certain organs, blood vessels, cells, or tissue. The electromagnetic radiation known as an x-ray has a tremendous intensity and can easily pass through most objects, including bodily organs. Web-based and cloud-based teleradiology systems are built using both hardware and software. The majority of hospitals, diagnostic facilities, and other places use teleradiology.

Global Tele-Radiology Market- Overview

Tele-Radiology is an extended form of telemedicine that involves transmission of radiological images and related data from one location to another for consultation purposes.

It is a technology that has come out in light and has advanced so much in time due to the imbalance between availability and demand of diagnostic services.

This is assured that high demand for radiology services in countries such as the US, UK and Singapore were often unfulfilled because of the scarcity or shortage of technical and professionally skilled workers in Radiology.

In Singapore, there is shortage of radiologists for can do the night duty, while in the UK, a radiologist takes 21 days on an average to submit an MRI report.

All these challenges were met by Tele-radiology and thereby led to the growth of tele-based technologies and surge in demand for Tele-radiology techniques globally.

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Global Tele-Radiology Market- Forecast Period

The global Tele-radiology market accounts for $2,709 Million in 2022 and will reach $10,621 Million by 2025 with a CAGR of 18.4%.

There is an increase in demand for radiological services due to commonness of chronic diseases such as congestive heart failure and Orthopedic injuries.

A significant increase in government expenditure on healthcare information (HCIT) sector and rise in focus of key players toward bringing innovation to digital diagnostics further fuels the market growth.

Major Players in the Global Tele-Radiology Market

  • 4ways Healthcare Limited
  • Agfa-Gevaret N.V
  • Envision Healthcare Corporation
  • InHealth
  • ONRAD, Inc.
  • TeleDiagnosys Services Pvt. Ltd.
  • Euro American Tele Radiology
  • Teleradiology Solutions
  • Cybernet Medical Corporation

Market Segmentation of the Global Tele-Radiology Market

Segmentation on the basis of Technique

  • X-rays
  • Ultrasound
  • Mammography
  • Fluroscopy
  • Computer Tomography (CT)
  • Nuclear Imaging

Segmentation on the basis of Technology

  • Software
  • Hardware
  • Telecom and Networking

Segmentation on the basis of End-Users

  • Hospitals
  • Diagnostic Surgical Centres
  • Ambulatory Centres

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