Report ID: UCMIG35G2067
Report ID:
UCMIG35G2067 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The global market for teleradiology services was worth USD 22.0 billion in 2018 and is predicted to grow at a 2.3% CAGR during the forecast period. Due to a scarcity of radiologists in several countries, including the United States, the United Kingdom, Tanzania, and others, the use of teleradiology services has grown. According to the Royal College of Radiologist (RCR) in the United Kingdom, a shortfall of 1,104 radiologists is expected in 2018. Demand in fuel injection parts such as valves and pumps is increasing due to increased global seaborne traffic. Furthermore, the NHS (National Health Service) spent USD 150 million on outsourcing patients radiology scans due to a radiology deficit, according to the RCR's 2017 workforce report.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Technology by segment aggregation, the contribution of the Health Care Technology in Health Care Equipment & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG35G2067