Asia Pacific Teleradiology Market size was around USD 0.29 million in 2018. It is expected to grow at a CAGR of 19.2% to reach USD 0.53 billion by 2023. It captures 20% of the global market. Teleradiology is the transference of radiological patient images from one place to another for official diagnosis or consultation with other radiologists. It involves the technology which deals in the transmission of radiography images from remote locations to a strong healthcare establishment in an urban area using software which makes use of the Internet.
Currently, Teleradiology Asia Pacific market is majorly driven by the technological advancement in healthcare industry, growing digitalization which aids in enhancing the Teleradiology process, and low costs in contrast to other modalities. Secondary factors include the shortage of radiologist worldwide, advancements in digital technology in external patient diagnosis, and enhanced healthcare awareness.On the other hand, inadequate common standards is the primary barrier for this market.
Asia Pacific Teleradiology Market Segmentation by modality, by application and by technology solutions. By modality the market is segmented into X- Ray, Magnetic Resonance Imaging, Computed Tomography, Ultrasound Systems, and Nuclear Imaging. In 2015, the x-ray category lead the Teleradiology market with a revenue of over USD 500 million. The rising number of x-ray procedures and its wide acceptability, and the advent of novel technologies, like cost-effective filmless x-ray systems, are few key factors responsible for its large share. By application the market is segmented into Picture Archiving and Communication System (PACS), Radiology Information System (RIS). By technology solutions the market is segmented into Web-Based Teleradiology Solutions, Cloud-Based Teleradiology Solutions.
Asia Pacific Teleradiology Market geographical segmentation by India, China, Korea, Japan and others. Asia Pacific is projected to be the fastest growing Teleradiology market owing to its rapidly growing healthcare infrastructure conjoined with the increasing demand for innovative and advanced medical platforms. Moreover, the huge base of the target population, the increasing government initiatives, and the strategic Asia Pacific expansions undertaken by major players trigger the market growth.
The major Asia Pacifc Teleradiology Market leaders are 4ways Healthcare Limited, RamSoft, Inc., Virtual Radiologic (vRAD), Agfa-Gevaert N.V., ONARD, Asia Pacific Diagnostics, Everlight Radiology, Sectra AB, and Health Watch Tele Diagnostics Pvt. Ltd.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Modality
5.1.1 Introduction
5.1.2 X- Ray
5.1.3 Magnetic Resonance Imaging
5.1.4 Computed Tomography
5.1.5 Ultrasound Systems
5.1.6 Nuclear Imaging
5.1.7 Y-o-Y Growth Analysis, By Modality
5.1.8 Market Attractiveness Analysis, By Modality
5.1.9 Market Share Analysis, By Modality
5.2 Technology Solutions
5.2.1 Introduction
5.2.2 Web- Based Tele Radiology Solutions
5.2.3 Cloud- Based Tele Radiology Solutions
5.2.4 Y-o-Y Growth Analysis, By Technology Solutions
5.2.5 Market Attractiveness Analysis, By Technology Solutions
5.2.6 Market Share Analysis, By Technology Solutions
5.3 Application
5.3.1 Introduction
5.3.2 Picture Archiving And Communication System (PACS)
5.3.3 Radiology Information System (RIS)
5.3.4 Y-o-Y Growth Analysis, By Application
5.3.5 Market Attractiveness Analysis, By Application
5.3.6 Market Share Analysis, By Application
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Modality
6.1.3.3 By Technology Solutions
6.1.3.4 By Application
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Modality
6.1.4.3 By Technology Solutions
6.1.4.4 By Application
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Modality
6.1.5.3 By Technology Solutions
6.1.5.4 By Application
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Agfa-Gevaert NV
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 NightHawk Radiology
8.3 Sectra Imtec AB
8.4 StatRad
8.5 LLC
8.6 ALTA VISTA TELERADIOLOGY
8.7 Argus Radiology
8.8 ONRAD
8.9 FujiFilm Medical Systems
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
