According to the latest report by IMARC Group, titled "India Teleradiology Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the India teleradiology market is expected to grow at a CAGR of 18.60% during 2022-2027. Teleradiology includes the application of numerous technologies for transferring clinical information to healthcare experts. Its process comprises an image sending station, a transmission network channel, and a receiving image station that is installed with a high-quality display screen. It is a practice that is generally adopted for interpreting medical images using telecommunication systems in order to obtain reports from qualified radiologists. It allows physicians and radiologists to collaborate and provide better treatment options to patients. Since it is expensive to have a radiologist on-site, there has been a significant increase in the adoption of teleradiology across urgent care facilities and hospitals globally.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
India Teleradiology Market Trends:
The market in India is primarily driven by the rising prevalence of chronic diseases among the masses. Moreover, continuous improvements in the healthcare and telecommunication infrastructure are creating a positive market outlook. Along with this, continual technological advancements, such as the integration of artificial intelligence (AI) with teleradiology, are providing an impetus to the market growth. Additionally, the increasing adoption of teleradiology across the country on account of the rapid outbreak of coronavirus disease (COVID-19) and the implementation of social distancing is impacting the market favorably. Furthermore, the rising investments by public and private agencies in the development of medical facilities across rural and geographically extended locations are considered to be a major growth-inducing factor. Other factors, including rapid digitization, the penetration of high-speed internet connectivity, the growing deployment of connected devices and extensive research and development (R&D) activities conducted by key players, are also positively influencing the market across India.
- On the basis of the component, the market has been categorized software and services, and hardware.
- Based on the imaging technique, the market has been classified into X-rays, computed tomography (CT), ultrasound, magnetic resonance imaging (MRI), nuclear imaging and others.
- On the basis of the end-user, the market has been categorized into hospitals and clinics, ambulatory surgical centers, diagnostic centers and others.
- On the basis of the region, the market has been divided into North India, West and Central India, South India and East India.
- The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
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