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Teleradiology Software Market Share

Report ID: GMI12098
Published Date: Nov 2024
Report Format: PDF

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Teleradiology Software Market Share

The global market is competitive, with key players focusing on innovative technologies and strategic partnerships to enhance their offerings. Major companies include Philips Healthcare, Siemens Healthineers, GE Healthcare, Agfa-Gevaert Group, and FUJIFILM Holdings Corporation. These firms hold significant market shares due to their advanced diagnostic imaging solutions, global distribution networks, and reputation in the medical imaging industry. Key players are targeting emerging markets in Asia-Pacific and Latin America in which healthcare infrastructure is developing and demand for remote diagnostics is high.

For instance, Siemens Healthineers has expanded its presence in the Asia-Pacific region by offering region-specific solutions and investing in local partnerships. Further, the competitive landscape is likely to intensify as advancements in AI and cloud computing continue to influence teleradiology software, with companies innovating to meet the growing demand for efficient, secure, and accessible diagnostic solutions globally.

Teleradiology Software Market Companies

Some of the eminent market participants operating in the teleradiology software industry include:

4ways Healthcare
Agfa-Gevaert Group
Carestream Health
Cerner Corporation
FUJIFILM Holdings Corporation
GE Healthcare
Koninklijke Philips
Novarad
ONRAD
Philips Healthcare
Ramsoft
Siemens Healthineers
Telemis
Telerad Tech
Visage Imaging

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global teleradiology software industry was valued at approximately USD 2.1 billion in 2023 and is estimated to grow at an 11.5% CAGR from 2024 to 2032, driven by the need for remote diagnostic capabilities.

The picture archive and communication system (PACS) segment dominated the market with a revenue of USD 1.1 billion in 2023 and is expected to grow significantly due to the rising demand for efficient storage and retrieval of medical images.

U.S. teleradiology software market recorded USD 625.4 million in 2023 and is projected to witness substantial growth, primarily due to the persistent shortage of radiologists in rural and remote areas.

Key players in the industry include 4ways Healthcare, Agfa-Gevaert Group, Carestream Health, Cerner Corporation, FUJIFILM Holdings Corporation, GE Healthcare, Koninklijke Philips, Novarad, ONRAD, Philips Healthcare, Ramsoft, and Siemens Healthineers.