India Teleradiology Market Size & Outlook, 2023-2030
India teleradiology market, 2018-2030 (US$M)
Related Markets
India teleradiology market highlights
- The India teleradiology market generated a revenue of USD 300.0 million in 2023 and is expected to reach USD 1,638.7 million by 2030.
- The India market is expected to grow at a CAGR of 27.4% from 2024 to 2030.
- In terms of segment, x-ray was the largest revenue generating product in 2023.
- Computed Tomography is the most lucrative product segment registering the fastest growth during the forecast period.
Teleradiology market data book summary
| Market revenue in 2023 | USD 300.0 million |
| Market revenue in 2030 | USD 1,638.7 million |
| Growth rate | 27.4% (CAGR from 2023 to 2030) |
| Largest segment | X-ray |
| Fastest growing segment | Computed Tomography |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Computed Tomography, Ultrasound, X-ray, Nuclear Imaging, Magnetic Resonance Imaging |
| Key market players worldwide | Pediatrix Medical Group Inc, Agfa-Gevaert NV, Everlight Electronics, Evidian, Nano X Imaging Ltd Ordinary Shares, Koninklijke Philips NV, Matrix Pack |
Other key industry trends
- In terms of revenue, India accounted for 2.4% of the global teleradiology market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan teleradiology market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,638.7 million by 2030.
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Teleradiology Market Scope
Teleradiology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India teleradiology market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to teleradiology market will help companies and investors design strategic landscapes.
X-ray was the largest segment with a revenue share of 27.53% in 2023. Horizon Databook has segmented the India teleradiology market based on computed tomography, ultrasound, x-ray, nuclear imaging, magnetic resonance imaging covering the revenue growth of each sub-segment from 2018 to 2030.
In India, cardiovascular diseases have become the primary cause of mortality. According to a study, India has a higher cardiovascular disease death rate than the global average, which is around 235 per 100,000 population. This alarming situation is one of the key drivers impacting the growth of the teleradiology market.
Moreover, increasing prevalence of other target diseases, such as infectious diseases, is contributing to the growth of this market. Various government initiatives are being undertaken to promote and launch teleradiology services, which is expected to further increase awareness, thereby fueling the market growth.
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Target buyers of India teleradiology market databook
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Our clientele includes a mix of teleradiology market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India teleradiology market , including forecasts for subscribers. This country databook contains high-level insights into India teleradiology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India teleradiology market size, by product, 2018-2030 (US$M)
India Teleradiology Market Outlook Share, 2023 & 2030 (US$M)
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