Teleradiology Software Market Size Is Expected To Reach USD 2.4 Billion by 2025

 The global teleradiology software market size is expected to reach USD 2.4 billion by 2025, expanding at a CAGR of 8.1% over the forecast period, according to a new report by Grand View Research, Inc. Shortage of radiologists in countries such as U.S. and India is one of the prominent growth drivers.

Rising prevalence of cancer, heart disease, bone disorders, and other chronic diseases is anticipated to drive the demand for medical imaging.As per the data published by the National Cancer Institute, in 2018, nearly 1,735,350 new cases and around 609,640 deaths caused by cancer were anticipated to be registered in U.S.Thus,increasing number of radiology centers and hospitals are adopting teleradiology solutions, providing growth opportunities for the market.

The companies operating in the market engage in new product launches, product upgrades, mergers and acquisitions, and geographical expansion to enhance their market position. In July 2019, Comarch SA opened its office in Australia to expand its business in the country and to strengthen its international presence. The company is also focusing on developing hosting services portfolio for its present and future clients in Australia.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/teleradiology-software-market

Further key findings from the report suggest:

• In 2018, PACS segment held the largest revenue share of the teleradiology software market owing to the rise in medical diagnostic procedures and adoption of remote patient monitoring among physicians
• Web-based deployment held the largest revenue share in 2018 owing to the large customer pool and benefits associated with web-based software such as remote data accessibility
• North America held the largest revenue share in 2018, due to high adoption of teleradiology services, shortage of radiologists, presence of prominent market players, and existence of well-established healthcare IT infrastructure
• Key market players include Telerad Tech, Comarch SA, Carestream Health, Medsynaptic Pvt Ltd, Perfect Imaging LLC, Impose Technologies Pvt Ltd., and Radical Radiology

Grand View Research has segmented the global teleradiology software market on the basis of type, deployment, and region:

Teleradiology Software Type Outlook, (Revenue, USD Million, 2014 - 2025)

• Radiology Information System (RIS)
• Picture Archive and Communication System (PACs)
• Vendor Neutral Archive (VNA)

Teleradiology Software Deployment Outlook, (Revenue, USD Million, 2014 - 2025)

• Web-based
• Cloud-based
• On-Premise

Teleradiology Software Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America 
  • US.
  • Canada
• Europe 
  • UK.
  • Germany
  • Spain
  • Italy
  • France
  • Russia
• Asia Pacific 
  • China
  • Japan
  • India
  • Australia
  • Singapore
  • South Korea
• Latin America 
  • Brazil
  • Mexico
  • Argentina
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.