The size of the teleradiology market will power at a compound annual growth rate of 15.2% by the end of this decade, and will reach USD 25,631.2 million by 2030.
This growth of the industry is due to growing number of advanced imaging procedures, shortage of skilled radiologists, and increasing demand for nighthawk & specialty modalities.
The Association of American Medical Colleges stated that the U.S. will have a physician shortage of almost 122,000 by 2032. This will create demand for teleradiology services adding to their popularity.
WHO declared that more than 3,600 million diagnostic radiological examinations are performed worldwide. This will be one of the most-important factors for the industry expansion in the years to come.
Download free sample pages of this report: https://www.psmarketresearch.com/market-analysis/teleradiology-market/report-sample
The usage of diagnostic imaging has expanded considerably due to the rising medical costs and a deeper understanding of the human anatomy through the use of ionizing radiation.
The North American teleradiology market held the largest share, of around 50%. The industry is expanding as a result of the availability of advanced healthcare infrastructure, reimbursement coverage for telehealth, and favourable government efforts that support digital health.
Further, other factors responsible for the growth of the industry in the region involve the technological advancements in mobile health, increasing awareness of the benefits of telehealth, and a growing focus on value-based healthcare and population health management.
With the technological advancements happening globally, diseases spreading fast and rising pollution levels leading to CVD, the industry for teleradiology will grow significantly in near future.