Research Reports
Global Teleradiology Market to Grow at 21% CAGR Through 2026: Report
Published by Jessica Weisman-Pitts
Posted on January 31, 2022
6 min readLast updated: January 28, 2026
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Published by Jessica Weisman-Pitts
Posted on January 31, 2022
6 min readLast updated: January 28, 2026
The global teleradiology market is expected to grow at a 21% CAGR through 2026, driven by rising chronic diseases and technological advancements, despite challenges like high costs and a shortage of professionals.
Future Market Insights delivers key insights on the global teleradiology services market in a new publication titled “Teleradiology Services Market: Global Industry Analysis and Opportunity Assessment, 2016-2026“. Teleradiology is the practice of interpretation and analysis of medical images by a radiologist who is not present at the site where the images are generated. This service is utilised by hospitals, emergency care centers, telemedicine companies, and other clinics.
Teleradiology services enable radiologists to use online services in order to improve patient care and treatment without the need to be physically present on site. In terms of revenue, the global teleradiology services market is projected to register a healthy CAGR of 21.0% over the forecast period (2016 – 2026) and increase 6.7x in terms of revenue between 2016 and 2026.
The global teleradiology services market is anticipated to project exponential growth over the next 10 years owing to increasing incidences of chronic diseases such as cancer, tumours, and orthopaedic diseases; increasing geriatric population; and excessive hospitalisations and increasing admittance in ambulatory surgical centres and clinics. Increasing consumer awareness regarding teleradiology and easy accessibility to the technology is another key factor likely to drive the global demand for teleradiology services.
However, high cost of technology and services, image transmission issues, dearth of trained radiologists and technicians, and a low awareness in emerging economies is likely to pose major challenges for the growth of the global teleradiology services market. Ongoing trends for teleradiology services driving the global market include service offerings with the latest IT infrastructure including artificial intelligence and algorithms, cloud with low maintenance, and image backup storage.
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Segmentation highlights
The global teleradiology services market is segmented on the basis of Process Type (Certified Reporting Services Process, Preliminary Reporting); Service Type (Emergency Nighthawk, Day Time Coverage, Subspecialty Reading, Second Opinion, Clinical Trails); Modality (X-Ray Scans, Computerised Tomography (CT) Scans, MRI Scans, Ultrasound Scans, Nuclear Scans, Cardiac Echo, Mammography, Electromammography); and End User (Hospital Pharmacies, Clinics, Ambulatory Surgical Centres, Radiology Centres).
Preview Analysis on Global Teleradiology Services Market Segmentation By Process Type – Certified Reporting Services Process and Preliminary Reporting, By Service Type – Emergency Nighthawk, Day Time Coverage, Subspecialty Reading, Second Opinion and Clinical Trails, By Modality – X-Ray Scans, Computerised Tomograph (CT) Scans, MRI Scans, Ultrasound Scans and Nuclear Scans, By End User – Hospital Pharmacies, Clinics, Ambulatory Surgical Centres and Radiology Centres: http://www.futuremarketinsights.com/reports/teleradiology-services-market
Regional market projections
The global teleradiology services market is segmented on the basis of region into U.S. and OUS (International) (Latin America, EU5, Rest of Europe, Japan, Asia Pacific Excluding Japan, and Rest of the World). The U.S. regional market dominated the global teleradiology services market in revenue terms in 2015 and is projected to account for 41.2% market value share by 2026 end. The EU5 region is expected to be the second most lucrative segment in the global teleradiology services market with a market attractiveness index of 1.3 during the forecast period.
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Vendor insights
The report profiles some of the leading players operating in the global teleradiology services market. Top companies featured in the report include Teleradiology Solutions, Argus Radiology, SRL Diagnostics, USARAD Holdings Inc., Vital Radiology Services, Teleradiology Providers, Telemedicine Clinic, TeleDiagnosys Services Pvt. Ltd, Imaging Advantage, Foundation Radiology Group, Direct Radiology, Imaging On Call LLC, ONRAD Inc., Rays (Envision Healthcare Company), StatRad LLC, ARIS Radiology, NightShift Radiology, Mednax Inc., Alta Vista TeleRadiology, and Quality Nighthawk. These established players are focused on strategic moves such as new product launches, increasing their distribution channels, and getting into partnerships and agreements with hospitals and specialty clinics to increase the brand awareness of their product.
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Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously track emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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Market Report: https://www.futuremarketinsights.com/reports/teleradiology-services-market
Press Release Source: https://www.futuremarketinsights.com/press-release/teleradiology-services-market
The article discusses the growth and trends of the global teleradiology market, projected to expand at a 21% CAGR through 2026.
Challenges include high costs, image transmission issues, and a shortage of trained radiologists and technicians.
Growth is driven by increasing chronic diseases, a growing geriatric population, and advancements in technology.
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