openPR Logo
Press release

Global Teleradiology Market Revenues to Grow by 13% to Reach US$ 1,738.4 Mn in 2016

04-10-2017 11:35 AM CET | Health & Medicine

Press release from: Future Market Insights

Global Teleradiology Market Revenues to Grow by 13% to Reach US$

Global teleradiology market revenues are expected to reach a total of US$ 1,738.4 Mn in 2016, a year-over-year growth of 13%. The U.S. will continue to be at the forefront of global adoption, with high awareness and availability of advanced teleradiology software boosting growth of the market. Overall, the North America teleradiology market is anticipated to reach US$ 688.2 Mn in 2016.

In addition to North America, other key markets for teleradiology include the U.K. and Germany in Europe, and Australia, Malaysia, and Philippines in Asia Pacific. The Europe teleradiology market is expected to grow by 13.1% in terms of revenues in 2016, whereas the APAC radiology market’s growth is projected at 13.8%. U.K. and Australia will continue to remain the largest markets for teleradiology in Europe and APAC respectively.

Request Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-1747

Rapid development in digital image processing technologies, and advancement in telecommunications, digital technology, and healthcare informatics are fuelling the adoption of radiology in these key markets. Lack of expert radiologists has also contributed to making teleradiology an appealing alternative in emergency cases for a second opinion. While these factors are expected to fuel the growth of the market in 2016 and beyond, high cost, combined with lack of foolproof security can pose challenges to adoption.

On the basis of modality, X-rays are the most commonly used imaging procedure in the teleradiology market. This segment was valued at US$ 449.1 Mn in 2015, and is anticipated to grow by 11.5% in 2016 to reach US$ 500.7 Mn in revenues. X-ray technique is highly economical and is widely used in primary diagnosis, becoming an integral part in both small and large healthcare providers. While X-rays will continue to the largest segment on the basis of modality, adoption of computed tomography (CT) scan is also witnessing robust growth. The CT scan segment is anticipated to witness a growth rate of 14.9% in 2016.

Key players in the global teleradiology market include Everlight Radiology, InHealth, Global Diagnostics Ltd., Radisphere National Radiology Group, Inc., TeleDiagnosys Services Pvt Ltd., Telemedicine Clinic Cybernet Medical Corporation, Agfa-Gevaert N.V., Sectra AB, Medica Reporting Ltd., ONRAD, Inc., Radiology Reporting Online (RRO), RamSoft, Inc., Teleradiology Solutions, Inc., The Telelaudo, Virtual Radiologic and (vRad).

Send An Enquiry@ http://www.futuremarketinsights.com/askus/rep-gb-1747

Long-term Outlook: The global teleradiology market is anticipated to increase at a CAGR of 11.2% during the forecast period 2015–2023. North America will remain the largest market during the end of the forecast period, whereas CT scan will pip X-rays to emerge as the largest segment on the basis of modality.

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
press@futuremarketinsights.com
Website: www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Teleradiology Market Revenues to Grow by 13% to Reach US$ 1,738.4 Mn in 2016 here

News-ID: 496371 • Views: 213

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases


More Releases for Teleradiology

Teleradiology
Teleradiology Future Teleradiology provides high-quality, accurate preliminary reads across the globe through out the year. It is for our reliability and quality that multiple hospitals and diagnostic centers across the globe have partnered with us to get high-quality, accurate preliminary reads.We provide free PACS to all our clients with no additional expenses for IT support as well. We provide flexible timings of both day and night coverage.For teleradiology critical cases our
Teleradiology Market Reach $7,345 Million By 2023
Teleradiology is the branch of telemedicine, which involves transmission of radiological images and related data from one location to another for diagnostic and consulting purpose. It is an advanced technology that has emerged due to the imbalance between demand and availability of diagnostic services. This is evident from the fact that high demand of radiology services in countries such as U.S., Singapore, and UK, were often unfulfilled owing to dearth
Teleradiology Market : Global Forecast Over 2016-2026
According to National Institute of Cancer, 448.7 new cancer cases per 100,000 men and women are diagnosed each year in the US. Taking into account the gravity of such details, the demand for teleradiology is expected to surge not just in the US, but in regions witnessing higher concurrence of cancer. In its latest report, Future Market Insights assesses that the global demand for teleradiology will soar vigorously in the
Teleradiology Market 2025 Development Trends
The global teleradiology market is expected to be around $10 billion by 2025. This can be primarily attributed to number of factors such as increasing incidence of chronic diseases, growing number of emergency cases, increase in number of diagnostic imaging scans, and implementation of picture archiving and communication system (PACS). In addition to this, ongoing improvements in telecommunication and imaging modalities will further trigger the demand for tele-diagnosis, tele-consultation, and
Teleradiology Market Growth & Opportunities- 2025
A research study titled, “Teleradiology Market by Modality - Global Industry Analysis and Forecast To 2025” published by Crystal Market Research, states that the teleradiology market is projected to be around $10 billion by 2025. Make an Enquiry @: https://www.crystalmarketresearch.com/report-sample/HC06118 The rapid development in telecommunication and computer technologies has fueled a revolution in medicine facilitating all kinds of assistance to the patients at a distance. The availability of mediums to affordably and
Teleradiology Market 2015 Trend Analysis
The highly fragmented market for teleradiology features the presence of a large number of regional players, with the exception of some large companies with international presence, such as vRad, Inc., Radiology Reporting Online, and USA Rad. North America and Europe, the regions with some of the largest vendors in the global teleradiology market, will be the key enablers of teleradiology practices across the world and play a central role