Teleradiology Software Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The market is segmented by Type (Radiology Information System, Picture Archive and Communication System, Vendor Neutral Archive), by Modality, and by Geography.

Market Snapshot

Study Period: 2018 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: 8.2 %

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Market Overview

The teleradiology software  market studied was projected to grow with a CAGR of nearly 8.2% over the forecast period. The major factors accrediting to the expansion of the market are increasing prevalence of chronic diseases like cancer, heart disease, bone disorders, and other chronic diseases which requires medical imaging. According to National Institutes of Health (NIH), in 2018, an estimated 1,735,350 new cases of cancer will be detected in the United States and 609,640 people will die from cancer. According to a survey conducted by European Heart Network in 2017, 3.9 million deaths in Europe are due to cardiovascular diseases. These statistics proove that the incidence of chronic diseases is increasing boosting the market. Furthermore the increasing number of radiology centres and hospitals using the teleradiology software has a postive effect on the growth of the market. However the shortage of skilled radiologists who can interpret the results, creating a huge gap of demand and supply is the major drawback for the market growth.

Scope of the Report

As per the scope of the report, teleradiology is the transmission of radiological patient images, such as x-rays, CT, and MRIs, from one site to another for the reasons of sharing studies with other radiologists and physicians. Teleradiology enhances patient care by allowing radiologists to provide services without having to be at the location of the patient. This report is segmented by Type, by Modality and by Geography.

By Type
Radiology Information System
Picture Archive and Communication System
Vendor Neutral Archive
By Modality
North America
United States
United Kingdom
Rest of Europe
South Korea
Rest of Asia-Pacific
Middle-East and Africa
South Africa
Rest of Middle-East and Africa
South America
Rest of South America

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Key Market Trends

Picture Communication and Archiving Systems (PACS) is expected to have a major share in the market growth

  • PACS has the ability to deliver timely and effective access to images, interpretations and related data. It breaks down the physical and time barriers associated with traditional film-based image recovery, circulation, and display.
  • Healthcare organizations consider the PACS system to be an important piece of equipment because it offers the benefits like enhanced analysis & viewing, improved data management, easy access to patient reports and images, chronological data management, and it’s user-friendly software.
  • The major factors propelling the growth of the segment are increasing chronic diseases like heart diseases and cancer and increasing radiology centers. According to the World Health Organization, an estimated 17.9 million people died from CVDs in 2016, representing 31% of all global deaths. Of these deaths, 85% are due to heart attack and stroke. As per the statistics, the increasing there is an increase in the patient pool globally and the numbers are directly proportional to the market growth.
Dilated Cardiomyopathy Therapeutic Market

North America Dominates the Market and Expected to do Same in the Forecast Period

North America is expected to dominate the overall teleradiology software market, throughout the forecast period. The market growth is due to factors such as the presence of a high prevalence of cancer and cardiovascular disease patients in the region, established healthcare infrastructure. According to the American College of Cardiology by 2035, around 130 million adults in the United States population are projected to have some form of cardiovascular disease. Stroke prevalence in adults is 2.7% in the United States. Furthermore, beneficial government initiatives and an increase in the number of research partnerships are some of the drivers expected to increase market growth.

Dilated Cardiomyopathy Therapeutic Market

Competitive Landscape

The teleradiology software market is moderately competitive and consists of several major players. Some of the companies which are currently domianting the market are Carestream Health, Telerad Tech, Comarch SA, Medsynaptic Pvt Ltd, Perfect Imaging LLC, Impose Technologies Pvt Ltd., Morton & Partners Radiologists, Radical Radiology.

Table of Contents


    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study




    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Increasing Incidence of Chronic Diseases

      2. 4.2.2 Increasing Number of Radiology Centres and Hospitals using the Software

    3. 4.3 Market Restraints

      1. 4.3.1 Shortage of Skilled Radiologists

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry


    1. 5.1 By Type

      1. 5.1.1 Radiology Information System

      2. 5.1.2 Picture Archive and Communication System

      3. 5.1.3 Vendor Neutral Archive

    2. 5.2 By Modality

      1. 5.2.1 Cloud-based

      2. 5.2.2 On-premise

    3. 5.3 Geography

      1. 5.3.1 North America

        1. United States

        2. Canada

        3. Mexico

      2. 5.3.2 Europe

        1. Germany

        2. United Kingdom

        3. France

        4. Italy

        5. Spain

        6. Rest of Europe

      3. 5.3.3 Asia-Pacific

        1. China

        2. Japan

        3. India

        4. Australia

        5. South Korea

        6. Rest of Asia-Pacific

      4. 5.3.4 Middle-East and Africa

        1. GCC

        2. South Africa

        3. Rest of Middle-East and Africa

      5. 5.3.5 South America

        1. Brazil

        2. Argentina

        3. Rest of South America


    1. 6.1 Company Profiles

      1. 6.1.1 Carestream Health

      2. 6.1.2 Telerad Tech

      3. 6.1.3 Comarch SA

      4. 6.1.4 Medsynaptic Pvt Ltd

      5. 6.1.5 Perfect Imaging LLC

      6. 6.1.6 Impose Technologies Pvt Ltd.

      7. 6.1.7 Morton & Partners Radiologists

      8. 6.1.8 Radical Radiology

    2. *List Not Exhaustive

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments

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Frequently Asked Questions

The Teleradiology Software Market market is studied from 2018 - 2026.

The Teleradiology Software Market is growing at a CAGR of 8.2% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2020.

Carestream Health, Telerad Tech, Comarch SA, Medsynaptic Pvt Ltd, Perfect Imaging LLC are the major companies operating in Teleradiology Software Market.

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