India Teleradiology Market, By Products & Services; By Imaging Technique; By End User; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2030

List of Tables

India Teleradiology Market Size Set to Expand at Significant CAGR of 12.11% to Touch USD 2.43 Billion by 2030

India Teleradiology Market is flourishing due to an increasing demand for radiology services, shortage of qualified radiologists, government's supportive initiatives, and cost-effectiveness compared to in-house radiology departments.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the India Teleradiology Market size at USD 1.85 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the India Teleradiology Market size to expand at a CAGR of 12.11% reaching a value of USD 2.43 billion by 2030. The Teleradiology Market in India is propelled by the increasing preference for remote care among the population. The preference is particularly notable in rural and underserved areas. In such regions, teleradiology offers convenient, secure, and cost-effective access to medical imaging and radiology services. The trend aligns with the growing demand for affordable healthcare services amidst rising healthcare costs, leading to heightened adoption of teleradiology across the country. Additionally, the necessity for timely diagnosis and treatment of acute diseases is further boosting market growth. Also, government initiatives investing in teleradiology services to enhance healthcare accessibility and reduce costs, coupled with continuous technological advancements like cloud computing and artificial intelligence, are contributing positively to the market outlook.

Opportunity - Integration with mobile health (mHealth) platforms

India's rapidly expanding mobile technology landscape is reshaping healthcare, with over 1.1 billion mobile subscribers across the country reported by the Telecom Regulatory Authority of India (TRAI) in 2018. This surge in mobile usage is driving the adoption of mobile health (mHealth) solutions, as tech-savvy individuals seek convenient healthcare options. mHealth platforms facilitate efficient storage, sharing, and accessibility of healthcare information, transforming the public healthcare experience. Electronic health records, health information exchanges, and web-based patient portals are becoming ubiquitous in Indian clinical settings, but it is the widespread integration of mHealth technologies that marks a significant digital shift in healthcare.

Impact of Escalating Geopolitical Tensions on India Teleradiology Market

Geopolitical tensions can have a multifaceted impact on the India Teleradiology Market. Heightened geopolitical uncertainties often lead to economic instability, which in turn affects healthcare spending and investment patterns. Consequently, such tensions may deter foreign investments in the teleradiology sector, impeding market growth. Additionally, disruptions in international trade and diplomatic relations can affect the procurement of advanced medical imaging technology and equipment, thereby hindering technological advancements in the field. Moreover, uncertainties resulting from geopolitical conflicts may undermine investor confidence and slow down the pace of infrastructure development, including digital health initiatives. Overall, navigating through these geopolitical challenges becomes crucial for sustaining growth momentum in the India Teleradiology Market.

India Teleradiology Market

Segmental Information

India Teleradiology Market - By End User

On the basis of end user, the India Teleradiology Market is divided into Hospitals, Ambulatory Imaging Center, and Radiology Clinics segments. The hospitals segment holds the highest share in the India Teleradiology Market by end user. Hospitals utilize teleradiology services for various purposes, such as urgent care, primary diagnosis, and seeking secondary opinions. Particularly in emergency situations, teleradiology services are highly favored. For instance, in cases of severe head trauma when a neuroradiologist is unavailable, teleradiology facilitates swift diagnosis and prompt treatment delivery. Consequently, the increasing influx of emergency visits to hospitals is expected to fuel market growth during the period in analysis. Also, hospitals stand to benefit financially by embracing teleradiology services, as they circumvent the need to hire additional radiologists, thus reducing costs.

Competitive Landscape

The India Teleradiology Market is fragmented, with numerous players serving the market. The key players dominating the India Teleradiology Market include Teleradiology Solutions, 4ways, Mednax Services Inc, 5C Network Pvt Ltd, Aikenist, Apollo Health, Carestream Health, Everlight Radiology, Global Diagnostics, Imorgon Medical, Mcmarvin Private Limited, Medica Group Plc, RamSoft, TechniDoc, USARAD Holdings Inc., vRad, Argus Radiology, Metropolis Healthcare, Vijaya Diagnostics, and Aster Medical Imaging. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge in the overall market.

The report's in-depth analysis provides information about growth potential, upcoming trends, and the India Teleradiology Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the India Teleradiology Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.

Product Code: BWC24300

1. Research Framework

1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation

2. Executive Summary

3. India Teleradiology Market Insights

3.1. Industry Value Chain Analysis
3.2. DROC Analysis
- 3.2.1. Growth Drivers
  - 3.2.1.1. Growing demand for radiology services
  - 3.2.1.2. Shortage of qualified radiologists
  - 3.2.1.3. Government initiatives promoting telemedicine
  - 3.2.1.4. Cost-effectiveness compared to in-house radiology departments
- 3.2.2. Restraints
  - 3.2.2.1. Data security and privacy concerns
  - 3.2.2.2. Reimbursement challenges for teleradiology services
  - 3.2.2.3. Limited bandwidth and infrastructure limitations
- 3.2.3. Opportunities
  - 3.2.3.1. Technological advancements for efficiency and accuracy
  - 3.2.3.2. Integration with mobile health (mHealth) platforms
  - 3.2.3.3. Providing access to specialized radiology services
- 3.2.4. Challenges
  - 3.2.4.1. Need for clearer regulations and standardized practices
  - 3.2.4.2. Efficient integration with existing healthcare systems
  - 3.2.4.3. Training a skilled workforce for teleradiology operations
3.3. Technological Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry

4. India Teleradiology Market: Marketing Strategies

5. India Teleradiology Market Overview

5.1. Market Size & Forecast, 2019-2030
- 5.1.1. By Value (USD Million)
5.2. Market Share & Forecast
- 5.2.1. By Products and Services
  - 5.2.1.1. Teleradiology Services
  - 5.2.1.2. Software
  - 5.2.1.2.1. Picture Archiving and Communication System (PACS)
  - 5.2.1.2.2. Radiology Information System (RIS)
- 5.2.2. By Imaging Technique
  - 5.2.2.1. Ultrasounds
  - 5.2.2.2. Magnetic resonance imaging (MRI)
  - 5.2.2.3. Nuclear imaging
  - 5.2.2.4. Fluoroscopy
  - 5.2.2.5. Mammography
  - 5.2.2.6. Other imaging techniques
  - 5.2.2.7. Computed tomography (CT)
  - 5.2.2.8. X-rays
- 5.2.3. By End User
  - 5.2.3.1. Hospitals
  - 5.2.3.2. Ambulatory Imaging Center
  - 5.2.3.3. Radiology Clinics
- 5.2.4. By Region
  - 5.2.4.1. North India
  - 5.2.4.2. South India
  - 5.2.4.3. East India
  - 5.2.4.4. West India

6. North India Teleradiology Market

6.1. Market Size & Forecast, 2019-2030
- 6.1.1. By Value (USD Million)
6.2. Market Share & Forecast
- 6.2.1. By Products and Services
- 6.2.2. By Imaging Technique
- 6.2.3. By End User

7. South India Teleradiology Market

7.1. Market Size & Forecast, 2019-2030
- 7.1.1. By Value (USD Million)
7.2. Market Share & Forecast
- 7.2.1. By Products and Services
- 7.2.2. By Imaging Technique
- 7.2.3. By End User

8. East India Teleradiology Market

8.1. Market Size & Forecast, 2019-2030
- 8.1.1. By Value (USD Million)
8.2. Market Share & Forecast
- 8.2.1. By Products and Services
- 8.2.2. By Imaging Technique
- 8.2.3. By End User

9. West India Teleradiology Market

9.1. Market Size & Forecast, 2019-2030
- 9.1.1. By Value (USD Million)
9.2. Market Share & Forecast
- 9.2.1. By Products and Services
- 9.2.2. By Imaging Technique
- 9.2.3. By End User

10. Competitive Landscape

10.1. List of Key Players and Their Offerings
10.2. India Teleradiology Company Market Share Analysis, 2023
10.3. Competitive Benchmarking, By Operating Parameters
10.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)

11. Impact of Escalating Geopolitical Tensions on India Teleradiology Market

12. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)

12.1. Teleradiology Solutions
12.2. 4ways
12.3. Mednax Services Inc
12.4. 5C Network Pvt Ltd
12.5. Aikenist
12.6. Apollo Health
12.7. Carestream Health
12.8. Everlight Radiology
12.9. Global Diagnostics
12.10. Imorgon Medical
12.11. Mcmarvin Private Limited
12.12. Medica Group Plc
12.13. RamSoft
12.14. TechniDoc
12.15. USARAD Holdings, Inc.
12.16. vRad
12.17. Argus Radiology
12.18. Metropolis Healthcare
12.19. Vijaya Diagnostics
12.20. Aster Medical Imaging
12.21. Other Prominent Players

13. Key Strategic Recommendations

14. Research Methodology

14.1. Qualitative Research
- 14.1.1. Primary & Secondary Research
14.2. Quantitative Research
14.3. Market Breakdown & Data Triangulation
- 14.3.1. Secondary Research
- 14.3.2. Primary Research
14.4. Breakdown of Primary Research Respondents, By Region
14.5. Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

Product Code: BWC24300

List of Figures

Figure 1 India Teleradiology Segmentation
Figure 2 India Teleradiology Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2023
Figure 4 India Teleradiology Market Size, By Value (USD Million), 2019-2030
Figure 5 India Teleradiology Market Share, By Products and Services, By Value, 2019-2030
Figure 6 India Teleradiology Market Share, By Imaging Technique, By Value, 2019-2030
Figure 7 India Teleradiology Market Share, By End User, By Value, 2019-2030
Figure 8 North India Teleradiology Market Size, By Value (USD Million), 2019-2030
Figure 9 North India Teleradiology Market Share, By Products and Services, By Value, 2019-2030
Figure 10 North India Teleradiology Market Share, By Imaging Technique, By Value, 2019-2030
Figure 11 North India Teleradiology Market Share, By End User, By Value, 2019-2030
Figure 12 South India Teleradiology Market Size, By Value (USD Million), 2019-2030
Figure 13 South India Teleradiology Market Share, By Products and Services, By Value, 2019-2030
Figure 14 South India Teleradiology Market Share, By Imaging Technique, By Value, 2019-2030
Figure 15 South India Teleradiology Market Share, By End User, By Value, 2019-2030
Figure 16 East India Teleradiology Market Size, By Value (USD Million), 2019-2030
Figure 17 East India Teleradiology Market Share, By Products and Services, By Value, 2019-2030
Figure 18 East India Teleradiology Market Share, By Imaging Technique, By Value, 2019-2030
Figure 19 East India Teleradiology Market Share, By End User, By Value, 2019-2030
Figure 20 West India Teleradiology Market Size, By Value (USD Million), 2019-2030
Figure 21 West India Teleradiology Market Share, By Products and Services, By Value, 2019-2030
Figure 22 West India Teleradiology Market Share, By Imaging Technique, By Value, 2019-2030
Figure 23 West India Teleradiology Market Share, By End User, By Value, 2019-2030

List of Tables

Table 1 India Teleradiology Market Size, By Value (USD Million), 2019-2030
Table 2 India Teleradiology Market Share, By Products and Services, By Value, 2019-2030
Table 3 India Teleradiology Market Share, By Imaging Technique, By Value, 2019-2030
Table 4 India Teleradiology Market Share, By End User, By Value, 2019-2030
Table 5 North India Teleradiology Market Size, By Value (USD Million), 2019-2030
Table 6 North India Teleradiology Market Share, By Products and Services, By Value, 2019-2030
Table 7 North India Teleradiology Market Share, By Imaging Technique, By Value, 2019-2030
Table 8 North India Teleradiology Market Share, By End User, By Value, 2019-2030
Table 9 South India Teleradiology Market Size, By Value (USD Million), 2019-2030
Table 10 South India Teleradiology Market Share, By Products and Services, By Value, 2019-2030
Table 11 South India Teleradiology Market Share, By Imaging Technique, By Value, 2019-2030
Table 12 South India Teleradiology Market Share, By End User, By Value, 2019-2030
Table 13 East India Teleradiology Market Size, By Value (USD Million), 2019-2030
Table 14 East India Teleradiology Market Share, By Products and Services, By Value, 2019-2030
Table 15 East India Teleradiology Market Share, By Imaging Technique, By Value, 2019-2030
Table 16 East India Teleradiology Market Share, By End User, By Value, 2019-2030
Table 17 West India Teleradiology Market Size, By Value (USD Million), 2019-2030
Table 18 West India Teleradiology Market Share, By Products and Services, By Value, 2019-2030
Table 19 West India Teleradiology Market Share, By Imaging Technique, By Value, 2019-2030
Table 20 West India Teleradiology Market Share, By End User, By Value, 2019-2030
Table 21 Teleradiology Solutions Company Overview
Table 22 Teleradiology Solutions Company Overview
Table 23 4ways Company Overview
Table 24 4ways Company Overview
Table 25 Mednax Services Inc Company Overview
Table 26 Mednax Services Inc Company Overview
Table 27 5C Network Pvt Ltd Company Overview
Table 28 5C Network Pvt Ltd Company Overview
Table 29 Aikenist Company Overview
Table 30 Aikenist Company Overview
Table 31 Apollo Health Company Overview
Table 32 Apollo Health Company Overview
Table 33 Carestream Health Company Overview
Table 34 Carestream Health Company Overview
Table 35 Everlight Radiology Company Overview
Table 36 Everlight Radiology Company Overview
Table 37 Global Diagnostics Company Overview
Table 38 Global Diagnostics Company Overview
Table 39 Imorgon Medical Company Overview
Table 40 Imorgon Medical Company Overview
Table 41 Mcmarvin Private Limited Company Overview
Table 42 Mcmarvin Private Limited Company Overview
Table 43 Medica Group Plc Company Overview
Table 44 Medica Group Plc Company Overview
Table 45 RamSoft Company Overview
Table 46 RamSoft Company Overview
Table 47 TechniDoc Company Overview
Table 48 TechniDoc Company Overview
Table 49 USARAD Holdings, Inc. Company Overview
Table 50 USARAD Holdings, Inc. Company Overview
Table 51 vRad Company Overview
Table 52 vRad Company Overview
Table 53 Argus Radiology Company Overview
Table 54 Argus Radiology Company Overview
Table 55 Metropolis Healthcare Company Overview
Table 56 Metropolis Healthcare Company Overview
Table 57 Vijaya Diagnostics Company Overview
Table 58 Vijaya Diagnostics Company Overview
Table 59 Aster Medical Imaging Company Overview
Table 60 Aster Medical Imaging Company Overview
Table 61 Other Prominent Players Company Overview
Table 62 Other Prominent Players Company Overview

India Teleradiology Market, By Products & Services; By Imaging Technique; By End User; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2030

Description

Table of Contents

List of Tables

Table of Contents

1. Research Framework

2. Executive Summary

3. India Teleradiology Market Insights

4. India Teleradiology Market: Marketing Strategies

5. India Teleradiology Market Overview

6. North India Teleradiology Market

7. South India Teleradiology Market

8. East India Teleradiology Market

9. West India Teleradiology Market

10. Competitive Landscape

11. Impact of Escalating Geopolitical Tensions on India Teleradiology Market

12. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)

13. Key Strategic Recommendations

14. Research Methodology

List of Figures

List of Tables