The Worldwide Radiology as a Service Market is Projected to reach USD 5,370.4 Million by 2027, at a CAGR of 17.3%

Published Date: 24-Jan-2022

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Radiology as a Service Market Growth, Trends and Report Highlights

According to a new report Global Radiology as a Services Market, published by KBV research, The Global Radiology as a Services Market size is expected to reach $3,783.8 million by 2027, rising at a market growth of 22.5% CAGR during the forecast period.

The Technology Management Services market is expected to witness highest CAGR of 24% during (2021 - 2027). The growth of the segment would be fuelled by the rise in demand for remote management of technology in the healthcare centers, especially in the radiology departments. Additionally, radiology as a service provides comprehensive warranty coverage and service coverage to the different devices and offers superior protection with 24/7 service support to the device, which enables the radiologist to focus on high-priority tasks.

The Diagnostic Imaging Centers market is expected to witness a CAGR of 21.8% during (2021 - 2027). This is attributed to the growing adoption of teleradiology services for different kinds of imaging procedures. In addition, the growth of the segment is further driven by the accessibility of qualified radiologists in these centers and the massive investment in the technological development of medical imaging devices.

The North America market dominated the Global Radiology as a Service (RaaS) Market by Region in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1,656.2 million by 2027, growing at a CAGR of 21.8 % during the forecast period. The Europe market is expected to witness a CAGR of 22% during (2021 - 2027). Additionally, The Asia Pacific market is expected to witness a CAGR of 24.1% during (2021 - 2027).

Full Report:

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of General Electric (GE) Co. (GE Healthcare), Koninklijke Philips N.V., Medica Group PLC, Virtual Radiologic (Radiology Partners, Inc.), Teleconsult Europe, Vesta Teleradiology, Teleradiology Solutions, Inc., ONRAD, Inc., Ambra Health, and RamSoft, Inc.

Global Radiology as a Service Market Segmentation

By Service

  • Teleradiology
  • Cloud-based Imaging IT Services
  • Consulting Services
  • Technology Management Services

By End User

  • Hospitals
  • Diagnostic Imaging Centers
  • Radiology Clinics
  • Physician Offices
  • Nursing Homes

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • General Electric (GE) Co. (GE Healthcare)
  • Koninklijke Philips N.V.
  • Medica Group PLC
  • Virtual Radiologic (Radiology Partners, Inc.)
  • Teleconsult Europe
  • Vesta Teleradiology
  • Teleradiology Solutions, Inc.
  • ONRAD, Inc.
  • Ambra Health
  • RamSoft, Inc.

Unique Offerings from KBV Research

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Related Reports:

North America Radiology as a Service Market, Future Scope & Opportunities 2021-2027

Europe Radiology as a Service Market, Size & Growth Forecast 2021-2027

Asia Pacific Radiology as a Service Market, Size, Share & Industry Outlook to 2027

LAMEA Radiology as a Service Market, Growth, Trends and Forecasts 2021-2027

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