Teleradiology Market Size Rising at 14% CAGR During 2022-2028 | Philips Healthcare, Siemens Healthineers, Mckesson Corp, Virtual Radiologic, Matrix

Market Study Report presents latest report on global Teleradiology Market, which evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2023-2028.

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The global teleradiology market size is expected to grow at a CAGR of around 14% over the forecast period of 2022-2028.

The report also provides analysis of the key companies of the industry and their detailed, company profiles including Philips Healthcare, Siemens Healthineers, Mckesson Corp, Virtual Radiologic, Agfa-Gevaert Group, ONRAD, Inc, Ever light Radiology, 4ways Healthcare Ltd, Ram Soft, Inc., USARAD Holdings, Inc., Koninklijke Philips N.V., Matrix (Teleradiology Division of Radiology Partners) and Medica Group PLC.

Market Scope & Overview

The global Teleradiology market study comprises comprehensive market analysis and insights across the key market segments and geography. The market report analyzes the global market for the historical period of 2019-2021 and the forecast period of 2022-2028 based on the product installed base, key forecasting factors impacting the market conditions, and major market developments happening in the market throughout the analysis period. practices primary and secondary research for conducting an insightful market study. Various market parameters such as macroeconomic conditions, market environment, government policies, and competitive landscape are thoroughly studied and taken into account while analyzing the market.

The global Teleradiology market report also covers value chain and supply chain analysis that provides in-depth information about the value addition at each stage of the product. Market dynamics incorporated in the market study include drivers, restraints/challenges, trends, and their impact on the market throughout the analysis period. The market study also covers the pricing analysis of each product based on its types and regions.
The global Teleradiology market includes a market share analysis and market structure overview with detailed company profiling of leading players with their financials, product offerings, major developments, etc. This enables, clients and report buyers to make strong, precise, and timely decisions.

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State of Global Economy, COVID-19 Outbreak, and the Russo-Ukraine War Impact

The global economy experienced heavy headwinds, throughout 2019-2021, as some countries witnessed subdue growth, while other countries continued to grapple with economic slowdowns. Also, intensifying tension between the US and Iran along with the tightening sanctions on Venezuela by the US further hampered global economic growth in 2019. Moreover, the heightened trade war between the US and China and the rising trade uncertainty continued to exert adverse effects on the global economy. Amid all these, the COVID-19 outbreak at the end of the year 2019 in Wuhan, China further deteriorated global economic growth.

The COVID-19 pandemic has levied undue pressure across the majority of industries globally and has caused a major economic crisis in the US, India, Italy, UK, Germany, India, Japan, South Korea, the UK, and many others. Many of these countries had announced partial or complete nationwide lockdowns. The governments of several nations have called on people to shelter in place at home, travel restrictions, shut down local businesses, and prohibited social gatherings.

The rapid spread of the virus in the early month of 2020 followed by a second wave of COVID-19 caused a significant change in management strategies of the leading industries which have affected the market or industry at a significant level. Besides, the exit of the UK from the European Union earlier in 2020 and the Russo-Ukraine war in 2022 exacerbated the ever-heightened global uncertainty.

Key Market Segmentation

The global teleradiology market based on products and services, imaging techniques, end users, and region.

By Products and Services

• Teleradiology Services
• Software
• PACS
• RIS

By Imaging Technique

• CR
• MRI
• Ultrasound
• X-Ray
• Mammography
• Nuclear Imaging
• Fluoroscopy

By End User

• Hospitals and Clinics
• Diagnostic Imaging Center and Laboratories
• Ambulatory Imaging Center
• Others (Radiology Clinics, etc.)

By Region

North America, US, Canada, Latin America, Brazil, Mexico, Rest of Latin America, Western Europe, Germany, UK, France, Spain, Italy, Benelux, Nordic, Rest of Western Europe, Eastern Europe, Russia, Poland, Rest of Eastern Europe, Asia Pacific, China, Japan, India, South Korea, Australia, ASEAN (Indonesia, Vietnam, Malaysia, etc.), Rest of Asia Pacific, Middle East & Africa, GCC, South Africa, Turkey and Rest of the Middle East & Africa.

Scope of the Report

- To analyze and forecast the market size of the global Teleradiology market.

- To classify and forecast the global Teleradiology market based on product, application, end user, region.

- To identify drivers and challenges for the global Teleradiology market.

- To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global Teleradiology market.

- To identify and analyze the profile of leading players operating in the global Teleradiology market.

Questions And Answers: Global Teleradiology Market

Q1. What is the CAGR that the Teleradiology Market is expected to register through the projected duration?

Answer: The Teleradiology Market is likely to register a CAGR of 14% over the forecast period.

Q2. Which Are the Key Players in Global Teleradiology Market?

Answer: Philips Healthcare, Siemens Healthineers, Mckesson Corp, Virtual Radiologic, Agfa-Gevaert Group, ONRAD, Inc, Ever light Radiology, 4ways Healthcare Ltd, Ram Soft, Inc., USARAD Holdings, Inc., Koninklijke Philips N.V., Matrix, among others are the leading players in worldwide Teleradiology Market.

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