These interpretations through non-invasive imaging modalities such as CT, MRI, ultrasound, and nuclear medicine studies and X-rays help in proper disease diagnosis and its treatment. Apart from this, teleradiology allows storage of digital radiograph images through picture archiving and communication system (PACS) software.
Global Teleradiology Market accounted for $2,143 million in 2016 and is expected to reach $7,345 million by 2023 with a CAGR of 19.0% during the forecast period. Teleradiology is the practice of having medical images interpreted by a radiologist even from a distant location.
Teleradiology is used by urgent care clinics, hospitals, and mobile imaging companies.
The key factors that drive the growth of teleradiology market are advancements in medical digital technology, rapid interpretation of images in an emergency situations remotely, and rise in the number of chronic diseases such as congestive heart failure, orthopedic injuries, and others. In addition, latest IT infrastructure and rise in healthcare expenditure caters to the market growth.
However, low availability of broadband networks and dearth of skilled professionals majorly restraint the market growth. Development of low power consuming, wireless, and portable x-ray technologies are expected to provide numerous opportunities for market growth during the forecast period.
The report segments the teleradiology market based on imaging techniques, technology, and end user. In terms of imaging techniques, the market is divided into X-rays, computed tomography (CT), ultrasounds, magnetic resonance imaging (MRI), nuclear imaging, fluoroscopy, mammography, and others.
On the basis of technology, the market is classified into hardware, software, and telecom & networking. The software market is further categorized into picture archiving and communication system (PACS), and radiology information system (RIS).
The telecom & networking market is bifurcated into web-based and cloud-based teleradiology solutions. Based on end user, the market is categorized into hospitals, ambulatory surgical centers, diagnostic centers, and others.
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