Teleradiology Services Market Analysis and Outlook Report

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Teleradiology Services Market: Introduction According to the report, the global teleradiology services market was valued over US$ 6.4 Bn in 2020. It is projected to expand at a CAGR of ~11% from 2021 to 2031. Shortage of radiologists globally, rise in number of specialty modalities, increase in global geriatric population, and technological advancements in teleradiology are estimated to propel the global teleradiology services market. Moreover, North America is likely to be a highly lucrative market for teleradiology services from 2021 to 2031. The market in the region is projected to expand at a high CAGR during the forecast period. Shortage of Radiologists Globally to Drive Market As per Association of American Medical Colleges (AAMC), the U.S. is estimated to witness a shortage of up to nearly 122,000 physicians by 2032, as the demand for physicians continues to rise at a rapid pace as compared to supply. The demand for diagnostic imaging is rising at a rapid pace as compared to supply, which is driving the need for outsourcing diagnostic reporting workload, thereby fueling the growth of the teleradiology services market. Request Brochure of Report - https://www.transparencymarketresearch.com/sample/sample.php? flag=B&rep_id=44438 General Reporting to Dominate Global Market In terms of type of service, the global teleradiology services market has been classified into general reporting, consultation, auditing, and others. The general reporting segment dominated the global teleradiology services market in 2020, and the trend is projected to continue during the forecast period. The segment’s dominance can be attributed to rise in demand for time saving and cost-effective radiograph interpretations by healthcare providers across the globe. Magnetic Resonance Imaging (MRI) to Dominate Global Market In terms of modality, the global teleradiology services market has been classified into X-ray, ultrasound, computer tomography (CT), magnetic resonance imaging (MRI), nuclear imaging, and others. The expansion of the MRI segment can be ascribed to the complicated images, which are hard to read and require skilled radiologist to read it. Request for Analysis of COVID-19 Impact on Teleradiology Services Market https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=44438 After Hours/Night Time Coverage to Drive Global Market In terms of coverage, the global teleradiology services market has been split into day time coverage and after hours/night time coverage. Rise in sophistication in the diagnostic imaging platform, which enables companies to provide 24X7 teleradiology services to clients, is likely to propel the segment during the forecast period. Teleradiology Services to be Preferred for Neurology In terms of specialty, the global teleradiology services market has been segregated into cardiology, neurology, oncology, musculoskeletal, gastroenterology, and others. The segment’s dominance can be


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