U.S. Teleradiology Market Size & Outlook, 2023-2030
U.S. teleradiology market, 2018-2030 (US$M)
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U.S. teleradiology market highlights
- The U.S. teleradiology market generated a revenue of USD 3,831.3 million in 2023 and is expected to reach USD 17,813.4 million by 2030.
- The U.S. 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 3,831.3 million |
| Market revenue in 2030 | USD 17,813.4 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, U.S. accounted for 30.2% 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 North America, U.S. teleradiology market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 17,813.4 million by 2030.
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Teleradiology Market Scope
Teleradiology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. 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 28.58% in 2023. Horizon Databook has segmented the U.S. 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.
The U.S. accounted for the largest market share in 2019 owing to the presence of favorable government initiatives and increasing prevalence of breast cancer. For instance, CDC recommends mammogram screening for women between 50 and 74 years of age every 2 years, which is expected to boost the market for teleradiology.
According to CDC, increase in the incidence of breast cancer was reported in the states of Mississippi, Alabama, and Arkansas in the U.S., which is expected to provide better opportunities for imaging systems.
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Target buyers of U.S. 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 U.S. teleradiology market , including forecasts for subscribers. This country databook contains high-level insights into U.S. teleradiology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. teleradiology market size, by product, 2018-2030 (US$M)
U.S. Teleradiology Market Outlook Share, 2023 & 2030 (US$M)
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