Navigation Links
Global Teleradiology Market Is Expected to Reach USD 3.78 Billion in 2019: Transparency Market Research

Albany, New York, USA (PRWEB) January 08, 2014

According to a new market report published by Transparency Market Research "Teleradiology Market (X-ray, Ultrasound, CT, MRI and Nuclear Imaging) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019," the global teleradiology market was valued at USD 0.92 billion in 2012 and is expected to grow at a CAGR of 22.3% from 2013 to 2019, to reach an estimated value of USD 3.78billion in 2019.

Browse the full report with complete TOC at

Teleradiology encompasses the electronic transmission of radiography images from a remote location to an urban healthcare set up via internet technology. Teleradiology tends to bridge the gap between the imbalanced demand and supply of radiologists and diagnostic services across the globe. Efficient image transfer demands three major components namely image capture and sending station followed by telecommunication channels (such as internet) and lastly, image receiving station. Initially, the image transfer process was undoubtedly tedious and time consuming coupled with no assurance of image clarity and quality.Presently, teleradiology industry is witnessing the rapid evolution of image processing and transmission tools and technologies.

Presence of avant-garde radiology equipment coupled with hi-tech transmission channels and new age software's have rendered speed and accuracy to the process. Also, with the increased implementation of PACS, Radiology Information System (RIS), etc. has further favored the production of immediate yet accurate reports to the concerned physician/clinician/surgeon. The burgeoning demand for qualified radiologists, constant technological innovations followed by improved healthcare awareness are some of the major factors that encourage the growth and acceptance of global teleradiology technologies and services. Also, increasing sophistication in medical imaging platforms along with increasing rate of imaging utilization will further drive the development and evolution of teleradiology trends spread across geographies.

Global teleradiology market can be analyzed by four major geographical locations namely, North America, Europe, Asia-Pacific and Rest of the World (RoW). These geographical locations are further evaluated on the basis of the type of imaging modalities being used such as x-ray, ultrasound, computerized tomography (CT) and nuclear imaging.Of these modalities, evolution of x-ray teleradiology has been commendable as compared to other imaging modalities majorly due to low cost, less turnaround time and high level of healthcare awareness.

The other lucrative modalities constitute CT, Ultrasound and MRI teleradiology during the forecast period from 2013 to 2019. Consistent technological upgradations of medical imaging equipment followed by improved healthcare informatics enhances the acceptance level of teleradiology technologies and services.

Related Report: Orthopedics Market

At a regional level, North America was the largest market in 2012 for teleradiology, followed by the European region. This is attributed to rapid technological innovations, large consumer base and high disposable income. Also, presence of well-equipped healthcare institutions along with ready acceptance of novel approaches in medicine will lead to rapid growth and development of teleradiology practices in the above mentioned markets. Asia-Pacific and RoW regions are anticipated to exhibit commendable growth by 2019 due to exhaustive teleradiology service offerings, geographical location advantage and increasing healthcare expenditure in these regions.

Teleradiology market is witnessing constant market consolidation owing to increasing demand for radiologists worldwide coupled with introduction of advanced internet technologies and healthcare informatics. Some of the players of the market include Virtual Radiologic, LLC, Teleradiology Technologies, Stat Rad, Sectra ABand Radisphere National Radiology Group, Inc. are some of the teleradiology service providers.

Browse Blog:
Browse all Market Research reports:

Read the full story at

Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. NIH awards $20 million over 5 years to train next generation of global health researchers
2. Canada should play a role in addressing the global cancer epidemic
3. Global cardiology leaders meet in Dubai
4. Global, common approach to pharmaceutical supply chain integrity the focus of workshop
5. International breast health global summit will focus on supportive care and quality of life
6. Scientists rewrite rulebook on breast cancer in landmark global study
7. Global CVD leaders call the world to action - 25 by 2025 - from the World Congress of Cardiology
8. Centre for Global Non-Communicable Diseases launched to tackle killer diseases
9. UCLA researchers combat global disease with a cell phone, Google Maps and a lot of ingenuity
10. New study identifies how information technology is used to solve global health challenges
11. New global report says US lags behind 130 other nations in preterm birth rate
Post Your Comments:
(Date:11/29/2015)... ... ... Effective immediately, every single IguanaMed scrub style will be available at Target via ... “Buy One Scrub Set, Get the 2nd Scrub Set 50% Off” for a limited ... price. , IguanaMed’s mission is to outfit every healer around the world ...
(Date:11/28/2015)... , ... November 28, 2015 , ... Safe storage for ... of two inventors, one from Lakewood, New Jersey and the other from Bradley Beach, ... patent-pending PROTECTOR to save the expense of having to replace NuvaRings more often than ...
(Date:11/28/2015)... ... November 28, 2015 , ... Pixel Film Studios is back again ... choose from, the possibilities are endless. Users have full control over angle of view, ... masking effects, users are sure to get heads to turn. , ProPanel: Pulse offers ...
(Date:11/27/2015)... ... 27, 2015 , ... According to an article published November 6th ... the University of British Columbia suggested that laws requiring bicyclists to wear helmets may ... part of the reason for the controversial conclusion is that, while helmets have certainly ...
(Date:11/27/2015)... , ... November 27, 2015 , ... A team of ... ways to treat it. Surviving Mesothelioma has just posted the findings on the website. ... Hospital Zurich analyzed the cases of 136 mesothelioma patients who were treated with chemotherapy ...
Breaking Medicine News(10 mins):
(Date:11/26/2015)... 2015 ) ... "Radioimmunoassay Market by Type (Reagents & Kits, ... Clinical Diagnostic Labs), Application (Research, Clinical Diagnostics), ... report to their offering. --> ... of the "Radioimmunoassay Market by Type ...
(Date:11/25/2015)... 2015 ... "Global Brain Monitoring Devices Market 2015-2019" ... ) has announced the addition ... Market 2015-2019" report to their offering. ... ) has announced the addition of ...
(Date:11/25/2015)... THOUSAND OAKS, Calif. , Nov. 25, 2015 /PRNewswire/ ... of a Biologics License Application (BLA) with ... Administration (FDA) for ABP 501, a biosimilar candidate to ... the first adalimumab biosimilar application submitted to the FDA ... biosimilar pathway. Sean E. Harper , M.D., ...
Breaking Medicine Technology: