Teleradiology Market Research Report : forecast up to 2023 Date: 03-21-2017 05:18 PM CET Category: Health & Medicine Press release from: Transparency Market Research - Medical Devices
North America to Display Sustained Growth Region-wise, North America currently dominates the global teleradiology market and is expected to offer considerable growth opportunities in the future as well. The teleradiology market in North America is driven by the presence of technologically advanced healthcare infrastructure, high awareness among individuals for technologically advanced healthcare, and the increasing integration of teleradiology with regular medical imaging services for value-added services. In addition, the disproportion between the number of qualified radiologists and the volume of medical images produced is leading to the demand for teleradiology services. As per a recent report by The American College of Radiology’s Commission on Human Resources, the number of medical imaging is increasing by 6% every year in North America against the mere 2% increase in the number of radiologists every year in the region. The increasing prevalence of cancers in the region is also exhibiting the need for effective teleradiology services for diagnostic or consultation purposes. Measures for the prevention of breast cancer is expected to augment the demand for telemammography modality in the coming years. Nevertheless, Asia Pacific is expected to emerge as a promising region for the teleradiology market. Factors driving the demand for teleradiology services in the region include rising expenditure on healthcare by the emerging middle-class population in the region, advancement of healthcare infrastructure, and expansion of high-speed broadband networks. Browse full report on Teleradiology Market www.transparencymarketresearch.com/teleradiology-technolo... Global Teleradiology Market: Snapshot Teleradiology is part of the larger concept of telemedicine and has been in practice for almost 50 years. The extensive advancement in telecommunication networks, improved digital infrastructure that connects remote areas, and enhanced data transfer speeds has led the global teleradiology market to reach new heights. With further advancement in data transmission technologies, teleradiology will evolve from an ancillary exercise to a mainstream practice. The high cost factor of technologically advanced medical imaging equipment needed for radiology accounts for the cost-intensive nature of radiology diagnostic modality. This, along with the unavailability of broadband networks in rural areas
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has been one of the toughest challenges for the teleradiology market. However, the significant rise in healthcare expenditures and expansion of broadband networks over the past few years have favored teleradiology practices to be adopted globally. These factors have been particularly beneficial for the teleradiology market to expand its reach to the emerging economies of Asia Pacific and Latin America. The global teleradiology market is expected to display double-digit CAGR of 11.3% between 2015 and 2023 for the market’s valuation to increase from US$1,354.6 mn in 2014 to US$3,632.6 mn by 2023. teleradiology market CT scan to Emerge as Key Growth Enabler In 2014, X-ray technology held the largest share in the global market by revenue. X-ray diagnostic modality offers advantages such as low cost, accuracy, and low complexity of the resultant images, thereby leading to its dominant position in the global teleradiology market. The segment of computed tomography scan (CT scan) will emerge as the fastest-growing segment displaying a CAGR of 13.1% between 2015 and 2023. The rising use of CT scan diagnostic modality across remotely located small and medium-sized clinical service providers and healthcare centers will lead to increasing transfer of CT scan images via teleradiology. Some of the leading companies in the global market for teleradiology market Agfa-Gevaert N.V., Everlight Radiology, InHealth Medica Reporting Ltd., Radisphere National Radiology Group Inc., RamSoft Inc., Telemedicine Clinic, TeleDiagnosys Services Pvt Ltd., Virtual Radiologic, Cybernet Medical Corporation, Global Diagnostics Ltd., ONRAD Inc., Radiology Reporting Online, Sectra AB, Teleradiology Solutions Inc., and The Telelaudo. Request for sample of this report www.transparencymarketresearch.com/sample/sample.php?flag... About Us Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement. US Office Contact 90 State Street, Suite 700 Albany, NY 12207 Tel: +1-518-618-1030 USA – Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: www.transparencymarketresearch.com
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You can find this press release here
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