Tele-Radiology Global Market Expected to Witness $49.02 Billion with Impressive Growth at a 19.9% CAGR By 2028 | ONRAD Inc., RamSoft Inc., USARAD Holdings, Mednax Inc., MedWeb LLC

"The new report published by The Business Research Company, titled ""Tele-Radiology Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the tele-radiology market size has grown rapidly in recent years. It will grow from $20 billion in 2023 to $23.7 billion in 2024 at a compound annual growth rate (CAGR) of 18.5%. The tele-radiology market size is expected to see rapid growth in the next few years. It will grow to $49.02 billion in 2028 at a compound annual growth rate (CAGR) of 19.9%.

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Teleradiology Industry Thrives On Surging Demand Amidst Rising Prevalence Of Chronic Conditions
Increased demand for radiological services due to the rising prevalence of chronic conditions including congestive heart failure and orthopedic injuries is driving the tele-radiology industry forward. An increase in the elderly population and the incidence of geriatric diseases are certainly one of the reasons behind the growth of radiological services. These factors will also lead to the growth of teleradiology services. For instance, in 2021, according to the World Health Organization, non-communicable diseases (NCDs), also known as chronic diseases, kill 41 million people each year, accounting for 71% of all deaths worldwide. More than 15 million people aged between 30 and 69 die every year from an NCD, with 85% of these "premature"""" deaths occurring in low- and middle-income countries. The most common chronic disease is cardiovascular disease, which kills 17.9 million people each year, followed by cancer (9.3 million), respiratory disorders (4.1 million), and diabetes (1.5 million). Therefore, an increase in chronic diseases globally is driving the teleradiology market forward.

Rapid Technological Advancements Transforming Teleradiology Landscape
Technological advancement is a key trend gaining popularity in the teleradiology market. Many key players in the market are focusing on the faster adoption of current technologies while also providing innovative AI-based healthcare solutions in the field of remote radiology. For instance, in April 2022, Tele-Radiology Solutions (TRS), National tele-radiology company in the United States, announced that it had signed an agreement with India-based Andhra Med Tech Zone (AMTZ) to establish a hub dedicated to providing remote radiology image reads by expert radiologists supported by innovative artificial intelligence solutions. Through this association, TRS and AMTZ will reach out to pan-India government hospitals, state-wide rural health centers (including those under the National Health Mission), and public-sector undertakings with hospitals where TRS will provide remote radiology services.

The tele-radiology market covered in this report is segmented -
1) By Imaging Technique: CT, MRI, X-Ray, Ultrasound, Nuclear imaging
2) By Component Type: Hardware, Software
3) By End User type: Hospitals, Diagnostic Centers, Other End Users

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Major companies operating in the tele-radiology market report are Agfa-Gevaert Group, Tele-Radiology Solutions, Koninklijke Philips N.V., Everlight Radiology Limited, GE Healthcare Company, ONRAD Inc., RamSoft Inc., USARAD Holdings, Mednax Inc., Medica Reporting Ltd., Cerner Corporation, MedWeb LLC, WebRad Tele-radiology Services Inc., Nautilus Medical Inc., SRL Limited, Vital Radiology Services Private Limited, Telemedicine Clinic S.L., HealthWatch TeleDiagnostics Pvt. Ltd., Envision Healthcare Corporation, Global Diagnostics Australia Pty. Ltd., Radiology Reporting Online Limited, Imaging Advantage LLC, Siemens Healthineers AG, Fujifilm Holdings Corporation, Virtual Radiologic Corporation, McKesson Corporation, NightHawk Radiology Services LLC, Teleradiology Solutions Pvt. Ltd., Aris Radiology, International Teleradiology Corp.

Contents of the report:
1. Executive Summary
2. Tele-Radiology Market Report Structure
3. Tele-Radiology Market Trends And Strategies
4. Tele-Radiology Market - Macro Economic Scenario
5. Tele-Radiology Market Size And Growth
…..
27. Tele-Radiology Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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