Sweden Teleradiology Market Size & Outlook, 2023-2030
Sweden teleradiology market, 2018-2030 (US$M)
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Sweden teleradiology market highlights
- The Sweden teleradiology market generated a revenue of USD 242.1 million in 2023 and is expected to reach USD 1,125.5 million by 2030.
- The Sweden market is expected to grow at a CAGR of 24.5% 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 242.1 million |
| Market revenue in 2030 | USD 1,125.5 million |
| Growth rate | 24.5% (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, Sweden accounted for 1.9% 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 Europe, UK teleradiology market is projected to lead the regional market in terms of revenue in 2030.
- Norway is the fastest growing regional market in Europe and is projected to reach USD 968.7 million by 2030.
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Teleradiology Market Scope
Teleradiology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Sweden 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 34.74% in 2023. Horizon Databook has segmented the Sweden 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.
Longer wait time owing to shortage of radiologists coupled with increasing medical imaging volume is expected to increase the demand for teleradiology in Spain. According to GE healthcare report published in 2018, shortage of radiologists in Spain is expected to reach 500 by 2023. Generally, in Spain, patients undergo imaging early, but are made to wait longer for radiologist review, impacting onset of treatment interventions.
The imbalance in demand and supply of medical imaging resulted in huge backlogs of unreviewed scans and low patient satisfaction rate over the delivery of healthcare service. In Sweden, 30,000 patient complaints are received each year by patient advisory committees regarding the delivery of healthcare services.
Increasing government initiatives for demand management of medical imaging through increasing radiologist training, growing adoption of teleradiology systems, and introduction of tight referral policies are expected to fuel the growth of the teleradiology market.
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Our clientele includes a mix of teleradiology market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Sweden teleradiology market , including forecasts for subscribers. This country databook contains high-level insights into Sweden teleradiology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Sweden teleradiology market size, by product, 2018-2030 (US$M)
Sweden Teleradiology Market Outlook Share, 2023 & 2030 (US$M)
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