Teleradiology belongs to the domain of telemedicine, wherein the telecommunication systems are majorly used to transfer radiological images from one place to another. The interpretation of all these non-invasive analysis like nuclear medicine studies, ultrasound, digitalized x-rays, can be executed in proper manner. Presently, the digitized images are transferred across the globe through high-speed telecommunication connections, regularly. Teleradiology was introduced due to the misbalance between the availability and the demand of diagnostic services. The lack of availability of different periodic diagnostic services can be defeated through the use of teleradiology services, which otherwise would cause several problems in emergency cases and in the night hours.
Teleradiology services market was valued at over US$ 5.2 Bn in 2018 and It is anticipated to grow at a CAGR of 18.6% from 2019 to 2030.
The enormously enhanced capacity of the internet and swift speed of communication have permitted a much extensive use of teleradiology. Healthcare facilities across the world are providing day-time reporting, for out of hours imaging services in other countries, with different time zones. Revolution in digital image processing technologies ensure effective image distribution across the various regions worldwide. Additionally, advancement in interventional radiology across the globe and upsurge in prevalence of chronic diseases such as cancer, arthritis and coronary heart diseases, are boosting the number of radiological procedures. Moreover, the necessity of time-saving interpretation of radiographs with quality is demanded in developed economies. In order to tackle the increasing demand for radiological procedures and comprehensive interpretation, teleradiology is being preferred by healthcare providers across the globe.
Major Key Players of the Teleradiology Services Market are:
Envision Healthcare, MEDNAX Services, Argus Radiology, Teleradiology Solutions, USARAD Holdings, ONRAD, Teleconsult Europe, Africa Telerad Limited, American Imaging Consultants, Unilabs, 4ways Healthcare Limited and Euro American Tele Radiology among others.
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