Press release
MENA Teleradiology Market to Attain a Valuation of USD 341 Million By 2028 | Infinium Global Research
Infinium Global Research, a pioneering market research firm, is pleased to announce the release of its comprehensive market research report on the evolving landscape of the Teleradiology Market in the Middle East and North Africa (MENA) region. This extensive report provides an in-depth analysis of the segments and sub-segments within the MENA Teleradiology market, highlighting the influence of drivers, restraints, and macro indicators over the short and long term.The MENA Teleradiology market is experiencing a transformative phase, and Infinium Global Research's report offers invaluable insights into the market's trends, forecasts, and dollar values. In 2022, the market was valued at nearly USD 141 million, and it is anticipated to reach approximately USD 341 million by 2028, reflecting a robust Compound Annual Growth Rate (CAGR) of around 16% during the forecast period.
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Teleradiology, as a branch of telemedicine, traces its beginnings back to 1929 when a medical image was transmitted via telegraph to a remote location. Since then, significant advancements have occurred in the field. Teleradiology involves the electronic transmission of radiological patient images, such as computed tomography images, X-rays, and magnetic resonance images. It plays a pivotal role in the healthcare sector, serving hospitals, urgent care facilities, mobile imaging companies, and private clinics. Teleradiology refers to the remote interpretation of medical images by radiologists, making it an effective solution when physical presence is not possible.
The growth of the Teleradiology market is primarily attributed to advancements in the healthcare sector, bolstered by technological innovations. Digital healthcare technologies, artificial intelligence in medicine, virtual reality (VR) or augmented reality (AR), nanotechnology, and other emerging technologies are driving the development and adoption of teleradiology. Additionally, the rising prevalence of diseases supports market growth, as computed tomography images, X-rays, and magnetic resonance images are essential for diagnosing and analyzing various medical conditions. The Middle East is witnessing a surge in cancer cases, making it the fastest-growing fatal disease in the region. The increasing number of cancer patients presents significant growth opportunities for the teleradiology market. However, the lack of adequately experienced staff remains a challenge in market growth.
The MENA Teleradiology market is segmented into various countries, including Saudi Arabia, UAE, Qatar, Kuwait, Egypt, Algeria, and the rest of the region. Saudi Arabia is expected to exhibit substantial growth due to rising healthcare awareness, high-income levels, and a growing population. Government and private investments, along with partnerships and collaborations among teleradiology service providers, are propelling market expansion in the country. Telemedicine has been a regulated activity in Saudi Arabia since 2019, and the government's healthcare transformation initiatives create exciting opportunities for international players, further stimulating the growth of the teleradiology market.
The report on the MENA Teleradiology market covers segments related to products and applications. Product sub-markets include X-ray, ultrasound, magnetic resonance imaging (MRI), computed tomography (CT), and nuclear imaging. Application sub-markets encompass tele-diagnosis, tele-consultation, and tele-monitoring.
In addition to market insights, the report provides profiles of key companies operating in the MENA Teleradiology market, including Apollo TeleHealth, Virtual Radiologic (vRAD), Arkan United, TGL Radiology Services, Allergotek, Saudi Diagnostic Limited Co., AL-OS'RAH MEDICAL COMPANY, Future Teleradiology Solution India, Aster Medical Imaging, LLC, and Global Hawk Imaging and Diagnostics.
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Table of Content
Chapter 1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
Chapter 2. Executive Summary
2.1. Teleradiology Market Highlights
2.2. Teleradiology Market Projection
2.3. Teleradiology Market Country Highlights
Chapter 3. MENA Teleradiology Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Porter`s Five Forces Analysis
3.4. IGR-Growth Matrix Analysis
3.4.1. IGR-Growth Matrix Analysis by Product
3.4.2. IGR-Growth Matrix Analysis by Application
3.4.3. IGR-Growth Matrix Analysis by Country
3.5. Value Chain Analysis of Teleradiology Market
Chapter 4. Company Profiles and Competitive Landscape
4.1. Competitive Landscape in the MENA Teleradiology Market
4.2. Companies Profiles
4.2.1. Apollo TeleHealth
4.2.2. Virtual Radiologic (vRAD)
4.2.3. Arkan United
4.2.4. TGL Radiology Services
4.2.5. Allergotek
4.2.6. Saudi Diagnostic Limited Co.
4.2.7. AL-OS'RAH MEDICAL COMPANY
4.2.8. Future Teleradiology Solution India
4.2.9. Aster Medical Imaging, LLC
4.2.10. Global Hawk Imaging and Diagnostics
Chapter 5. MENA Teleradiology Market by Product
5.1. X-ray
5.2. Ultrasound
5.3. Magnetic Resonance Imaging (MRI)
5.4. Computed Tomography (CT)
5.5. Nuclear Imaging
Chapter 6. MENA Teleradiology Market by Application
6.1. Tele-diagnosis
6.2. Tele-consultation
6.3. Tele-monitoring
Chapter 7. MENA Teleradiology Market by Country 2022-2028
7.1. Saudi Arabia
7.1.1. Saudi Arabia Teleradiology Market by Product
7.1.2. Saudi Arabia Teleradiology Market by Application
7.2. UAE
7.2.1. UAE Teleradiology Market by Product
7.2.2. UAE Teleradiology Market by Application
7.3. Qatar
7.3.1. Qatar Teleradiology Market by Product
7.3.2. Qatar Teleradiology Market by Application
7.4. Kuwait
7.4.1. Kuwait Teleradiology Market by Product
7.4.2. Kuwait Teleradiology Market by Application
7.5. Egypt
7.5.1. Egypt Teleradiology Market by Product
7.5.2. Egypt Teleradiology Market by Application
7.6. Sudan
7.6.1. Sudan Teleradiology Market by Product
7.6.2. Sudan Teleradiology Market by Application
7.7. Rest of MENA
7.7.1. Rest of MENA Teleradiology Market by Product
7.7.2. Rest of MENA Teleradiology Market by Application
More Insights on this report, Speak to Our Analyst: https://www.infiniumglobalresearch.com/mena/enquiry/333
Reasons to Buy this Report:
=> Comprehensive analysis of regional markets of MENA teleradiology.
=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2028.
=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.
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About Infinium Global Research:
Infinium Global Research is a business consulting and market research firm; a group of experts that caters to fulfilling the business and market research needs of leading companies in various industry verticals and business segments. The company also serves government bodies, institutes, and non-profit/non-government organizations to meet their knowledge and information needs.
Through our information services and solutions, we assist our clients to improve their performance and assess the market conditions to achieve their organizational goals. Our team of experts and analysts are engaged in continuously monitoring and assessing the market conditions to provide knowledge support to our clients. To help our clients and to stay updated with the advances and inventions in technology, business processes, regulations, and the environment, Infinium often conducts regular meets with industry experts and opinion leaders. Our key opinion leaders are involved in monitoring and assessing the progress in the business environment, so as to offer the best opinion to our clients.
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