Kuwait Teleradiology Market Size & Outlook, 2023-2030
Kuwait teleradiology market, 2018-2030 (US$M)
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Kuwait teleradiology market highlights
- The Kuwait teleradiology market generated a revenue of USD 78.6 million in 2023 and is expected to reach USD 390.4 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 25.7% from 2024 to 2030.
- In terms of segment, ultrasound 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 78.6 million |
| Market revenue in 2030 | USD 390.4 million |
| Growth rate | 25.7% (CAGR from 2023 to 2030) |
| Largest segment | Ultrasound |
| 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, Kuwait accounted for 0.6% 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 Middle East & Africa, South Africa teleradiology market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 499.4 million by 2030.
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Teleradiology Market Scope
Teleradiology Market Companies
| Name | Profile | # Employees | HQ | Website |
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Kuwait 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.
Ultrasound was the largest segment with a revenue share of 27.1% in 2023. Horizon Databook has segmented the Kuwait 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.
Growing number of teleradiology services and installation of PACS in Kuwait is expected to contribute to the market growth in the country. In September 2014, USARAD Holdings with its consumer division Second Opinions partnered with Dar Al Shifa Hospital, Kuwait.
This partnership is expected to help Dar Al Shifa Hospital with quality assurance, subspecialty teleradiology, expert telemedicine, and second opinion. Moreover, in July 2015, Aycan installed PACS at Alorf Hospital, Kuwait.
The PACS comprises DICOM archiving and distribution system, diagnostic viewer, aycan OsiriX PRO, a teleradiology iPad application, and many more such features that will help the hospital in providing cost-effective teleradiology services to patients.
Reasons to subscribe to Kuwait teleradiology market databook:
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Target buyers of Kuwait 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 Kuwait teleradiology market , including forecasts for subscribers. This country databook contains high-level insights into Kuwait teleradiology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Kuwait teleradiology market size, by product, 2018-2030 (US$M)
Kuwait Teleradiology Market Outlook Share, 2023 & 2030 (US$M)
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