London, UK “ 26th August 2009: Teleradiology is increasingly being used by hospitals and institutions to gain accessibility to specialists and sub-specialists (in remote locations) for radiology services.
According to TechNavioTM, Technological advances and requirement to lower the healthcare costs have encouraged the healthcare services providers to outsource the diagnosis of radiology images to developing and low-cost countries. Also, the ease of entry for the new entrants in the teleradiology market has resulted in a higher competition, and a greater number of teleradiology service providers.
Furthermore, one of the TechNavioTM analysts declares, Healthcare organizations are looking to make use of technology to improve their operational efficiency. Among other factors, the rapidly increasing healthcare costs are encouraging the healthcare management to adopt teleradiology for their hospitals and institutions. Also, a large number of hospitals are moving towards digitalization, with the introduction of advanced technologies. This would lead to easier adaptability of teleradiology technologies and a bigger market for the teleradiology equipment, software, and services.
TechNavioTM analysts also state, Along with various growth drivers, the teleradiology industry also faces several barriers and challenges. Healthcare organizations in some developing nations lack the basic IT infrastructure to support the teleradiology transmitting stations; thus, increasing the investments required for teleradiology equipment installations.
The report by TechNavioTM Insights forecasts the size of the global teleradiology market over the period 2008-2012. It provides the categorical segmentation of the teleradiology market and also segments the market into various geographic regions (representing the market size for each of these regions). Further, it discusses the key market trends, drivers and challenges of the global teleradiology market, and profiles some of the key vendors of this market. The report also provides a list of some of the trade shows and conferences that cater to the teleradiology industry.
For more information about the report and to buy online, please visit “
https://www.technavio.com/content/global-teleradiology-market-2008-2012
About Infiniti Research
Infiniti Research is a London based business research and consulting firm, with years of experience in deep dive custom research and consulting for over 30 Fortune 500 companies and several leading technology companies.
TechNavioTM Insights is a set of reports based on TechNavio “ Infiniti™s market intelligence platform. It builds on the intelligence available within TechNavio, and leverages on the custom research experience of the ‘Technology Navigators’.
The global market for teleradiology was around $6 billion in 2008, and is expected to grow at double digit rates in the next five years, says TechNavio.
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