A research study titled, “Teleradiology
Market by Modality - Global Industry Analysis and Forecast To 2025”
published by Crystal Market Research, states that the teleradiology market is
projected to be around $10 billion by 2025.
The rapid
development in telecommunication and computer technologies has fueled a
revolution in medicine facilitating all kinds of assistance to the patients at
a distance. The availability of mediums to affordably and quickly transmit
digital data over long distances has largely contributed to the evolution of
remote diagnostics and consultation over the years. Teleradiology refers to the
transfer of digitized medical images over electronic networks and
interpretation of those transmitted images for diagnostic purposes. Any type of
medical image can be transmitted through teleradiology provided; those images
are converted in a digital form. Conventional hard copy images can be
transformed into a digital form using special high resolution laser scanners or
charge coupled device (CCD) scanners. Many medical images are inherently
digital such as magnetic resonance images, nuclear medicine images, ultrasound
images, computed radiography images, digital radiography images, and digital
fluoroscopy images. If such images are in a standard format, they can be
directly linked to a teleradiology system.
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Analysis and Forecast To 2025” at: https://www.crystalmarketresearch.com/report/teleradiology-market
For data
transfer, teleradiology systems use general packet radio service (GPRS), global
system for mobile telecommunications (GSM), and 3G systems that enable the transmission
of multimedia content at high speed. Transmission of the digitized images
requires communication equipment. The type of communication equipment varies
with the medium being used. Such equipment includes a conventional telephone
line, a channel service unit for a T1 line, a terminal adapter required for an
ISDN line, a cable modem or a DSL modem. Once the images are received at the
interpretation site, they can be directly routed to an interpretation
workstation or they could be sent to an image server which permits distribution
of these images within the facility or institution. The kind of monitor used to
display these acquired images depends upon whether it is used for on call
emergency or for detailed primary readings. Digital imaging data management
systems have data storage capacity which has to be in compliance with the
state, federal regulations pertaining to retrieval and retention of medical
records.
Teleradiology
has widespread applications in remote medical assistance. 24 hour on call coverage
for emergency cases is possible even when the clinician is not available at the
institution. Primary interpretations or second opinions are easily managed in a
hassle free manner with electronically transmitted medical images. Safety of
the medical images can also be considerably improved by storing them in a
digitized form.
Some of
the key factors driving the growth of teleradiology market are, the growing
prevalence of chronic disorders leading to rise in number of emergency cases in
urban as well as rural areas, increase in medical expenditure in developing
countries and favorable evolution of telecommunication and medical imaging
technology. With instant remote access to the images on the cloud network,
radiologists can deliver efficient diagnosis, consultation and monitoring to
the patients at remote locations.
X-ray
segment occupied major share of the overall market in 2016 owing to rise in
number of X-ray scans and growing number of bone related fractures and dental
injuries. Additionally, introduction of innovative and advanced filmless X-ray
systems will further boost the market growth. The computed tomography segment
is projected to witness a significant growth during the forecast period. This
is primarily attributed to its high resolution imaging capacity.
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The U.S.
accounted for the largest share of the North American teleradiology market in
2016. This large share can be attributed to number of factors such as the
presence of well-established healthcare infrastructure due to high healthcare
expenditure, availability of high speed internet services, and high adoption of
advanced products in the country.
Cybernet
Systems Corporation, Agfa-Gevaert N.V., Everlight Radiology Pty Ltd, RamSoft,
Inc., StatRad, LLC., ONRAD, Inc., Virtual Radiologic Corporation (an affiliate
of MEDNAX Inc.),Spectra AB, and USARAD Holdings, Inc. are some of the major
players operating in the market.
Key Findings of the Research
Study:
·
X-ray
segment accounted for almost one-third share of the global teleradiology market
in 2016.
·
Computed
tomography market is projected to grow at a double digit CAGR during the
forecast period.
·
Ultrasound
is one of the most promising imaging modality due to its benefits such as high
biocompatibility, portability, and low cost.
·
North
America accounted for around two fifth share of the overall market in 2016
primarily due to the availability of high speed internet services.
·
Asia-Pacific
teleradiology market is
projected to grow at significant CAGR during the forecast period owing to
increasing demand for advanced healthcare services with rising disposable
income of the people.
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Teleradiology Market
Segmentation:
By Modality:
- X-ray
- Magnetic Resonance Imaging (MRI)
- Computed Tomography (CT)
- Ultrasound
- Nuclear Radiology
By
Region:
- North America
o U.S
o Canada
o Mexico
- Europe
o Germany
o France
o UK
o Italy
o Spain
o Rest
of Europe
- Asia-Pacific
o Japan
o China
o Australia
o India
o South
Korea
o Rest
of Asia Pacific
- Rest of the World
o Brazil
o South
Africa
o Saudi
Arabia
o United
Arab Emirates
o Others
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About Crystal Market Research
Crystal
Market Research is a U.S. based market research and business intelligence
company. Crystal offers one stop solution for market research, business
intelligence, and consulting services to help clients make more informed
decisions. It provides both syndicated as well as customized research studies
for its customers spread across the globe. The company offers market
intelligence reports across a broad range of industries including healthcare,
chemicals & materials, technology, automotive, and energy.
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