Teleradiology Market Size, Share, Growth Analysis, By Product & Service(Teleradiology Services, Software [Picture Archiving & Communication Systems (PACS), Radiology Information Systems (RIS)], Hardware), By Imaging Technique(Computed Tomography, Magnetic Resonance Imaging (MRI)), By End User(Hospitals And Clinics, Diagnostic Imaging Centers and Laboratories, Long-term Care Centers, Nursing Homes), By Region - Industry Forecast 2024-2031

Global Teleradiology Market size was valued at USD 8.30 billion in 2022 and is poised to grow from USD 9.58 billion in 2023 to USD 30.13 billion by 2031, growing at a CAGR of 15.40% during the forecast period (2024-2031).

The rising prevalence of chronic diseases and increased demand for diagnostic imaging around the world are projected to be key factors promoting the demand for teleradiology. High demand for remote diagnostics and shortage of radiologists around the world are also expected to promote teleradiology market growth over the coming years. Advancements in imaging technologies, growing demand for early diagnosis, and availability of reimbursement for radiology procedures are expected to drive teleradiology market growth over the coming years. Use of mobile and cloud-based medical imaging systems and solutions is also expected to create new opportunities for teleradiology providers across the study period and beyond. Developed countries with established internet infrastructure will lead the demand for teleradiology on a global level. On the contrary, limited access to internet in rural areas, regulatory challenges, and high initial setup costs are projected to slow down the adoption of teleradiology around the world. 

US Teleradiology Market is poised to grow at a sustainable CAGR for the next forecast year.