Press release
Radiology As A Service Global Market Report 2025: Exponential Growth Propelled By Cancer Cases, Technological Advances And Shortage Of Radiologists
Radiology As A Service Market Share
With an impressive CAGR of 22.3% predicted for 2025 and even higher at 21.1% until 2029, the radiology as a service market is set for exponential growth. Major growth drivers include operational streamlining, increased demand for imaging services, and technological advances in imaging.
What Is The Projected Market Size Of The Global Radiology As A Service Global Market Report 2025 And Its Growth Rate?
•Grown from $2.05 billion in 2024 to $2.51 billion in 2025 (CAGR of 22.3%).
•Trends like cost-efficiency, demand for imaging, and technological advances in imaging support this growth.
•Expected to grow to $5.38 billion in 2029 (CAGR of 21.1%).
•Key trends like value-based care, increasing demand for remote and telehealth solutions, and global shortage of radiologists fuel this projected growth.
What Is Driving The Growth In The Radiology As A Service Global Market Report 2025?
The surge in cancer cases worldwide is a major factor propelling the radiology as a service market. Medical imaging has revolutionized healthcare by facilitating early cancer detection, thus improving patient outcomes. The National Cancer Institute predicts the global new cancer cases to reach 29.9 million with 15.3 million cancer-related deaths by 2040. This increase in cases is bound to spur demand for radiology imaging services, thereby boosting the market growth.
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Who Are The Key Players Driving Radiology As A Service Global Market Report 2025 Growth?
•Siemens Healthineers AG
•Fujifilm Holdings Corporation
•Koninklijke Philips N.V.
•GE HealthCare Technologies Inc.
•Agfa-Gevaert N.V.
•Mednax Inc.
•RadNet Inc.
•National Diagnostic Imaging Teleradiology
•Alliance HealthCare Services Inc.
•US Radiology Specialists Inc.
•Nines Inc.
•Shields Health Solutions Holdings LLC.
•Virtual Radiologic, and more.
What Are The Key Trends In The Radiology As A Service Global Market Report 2025?
•Focus on subspecialty reporting.
•Cybersecurity measures for image protection.
•Mobile radiology solutions.
•Collaboration with AI startups.
•Value-based care integration.
What Are The Segments Of The Global Radiology As A Service Global Market Report 2025?
•Service Type: Teleradiology, Cloud-based Imaging IT Services, Consulting Services, Technology Management Services.
•Technology: Computed Radiology, Direct Digital Radiology.
•End-User: Hospitals, Diagnostic Imaging Centers, Radiology Clinics, Physician Offices, Nursing Homes.
Which Region Leads The Radiology As A Service Global Market Report 2025?
North America led the radiology as a service market in 2024. However, Asia-Pacific is projected to exhibit the fastest growth during the forecast period. Other regions covered in the report include Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Radiology As A Service Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Radiology As A Service Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Radiology As A Service Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the market.
- Market Contribution: Evaluate contributions of different segments to the overall Radiology As A Service Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Radiology As A Service Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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