Teleradiology Software Market Size To Reach $3.97 Billion By 2030

Teleradiology Software Market Growth & Trends

The global teleradiology software market size is expected to reach USD 3.97 billion in 2030 and is projected to grow at a CAGR of 10.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. Shortage of radiologists in countries such as U.S. and India is one of the prominent growth drivers.

Rising prevalence of cancer, heart disease, bone disorders, and other chronic diseases is anticipated to drive the demand for medical imaging. As per the data published by the National Cancer Institute, in 2018, nearly 1,735,350 new cases and around 609,640 deaths caused by cancer were anticipated to be registered in U.S.Thus,increasing number of radiology centers and hospitals are adopting teleradiology solutions, providing growth opportunities for the market.

The companies operating in the market engage in new product launches, product upgrades, mergers and acquisitions, and geographical expansion to enhance their market position. In July 2019, Comarch SA opened its office in Australia to expand its business in the country and to strengthen its international presence. The company is also focusing on developing hosting services portfolio for its present and future clients in Australia.

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Teleradiology Software Market Report Highlights

• Picture Archive and Communication System (PACS) accounted for the largest market revenue share of approximately 48.0% in 2023

• Web-based held the largest revenue share of 39.1% in 2023

• North America teleradiology software market led the global teleradiology software market with a revenue share of 40.4% in 2023.

Teleradiology Software Market Segmentation

Grand View Research has segmented the global teleradiology software market report based on software type, mode of delivery, and region:

Teleradiology Software Type Outlook (Revenue, USD Million, 2018 - 2030)

• Radiology Information System

• Picture Archive and Communication System

• Vendor Neutral Archive

Teleradiology Software Mode Of Delivery Outlook (Revenue, USD Million, 2018 - 2030)

• Web-based

• Cloud-based

• On-premise

Teleradiology Software Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

  • Sweden

  • Norway

  • Denmark

• Asia Pacific

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Thailand

• Latin America

  • Brazil

  • Argentina

• Middle East and Africa (MEA)

  • South Africa

  • Saudi Arabia

  • UAE

  • Kuwait

List of Key Players in Teleradiology Software Market

• Carestream Health

• Telerad Tech

• GE Healthcare

• Comarch SA

• Perfect Imaging Solution's, LLC

• Radical Imaging LLC

• OpenRad

• RamSoft, Inc.

• Koninklijke Philips N.V.

• Pediatrix Medical Group