The Europe Radiology as a Service Market is expected to witness market growth of 22.0% CAGR during the forecast period (2021-2027).
Medical professionals like radiologists, sonographers, biomedical engineers, medical physicists, radiographers, and nurses fall within the domain of radiology. In addition, imaging procedures offer comprehensive information regarding disease-related or structural changes. The possibility to save the life of a patient increases if the disease of a patient is detected at an initial phase. As radiology plays a vital role in saving a person’s life, the growth of the overall radiology as a service market is expected to witness bright prospects in the upcoming years.
The market is expected to witness new growth avenues with the growing rates of chronic diseases like arthritis. Moreover, some of the growth factors for the market are a surge in health awareness among the people, rising demand for minimally invasive surgeries, and booming medical tourism.
Countries like Germany, the UK, France, and Russia have incorporated advanced medical devices across their healthcare institutions which is expected to allow the patients to avail suitable treatment options in a timely manner. In the European continent, radiologists are witnessing a massive amount of data generated by the medical systems as the number of examinations is increasing day by day. In addition, this data including the images is helpful for the radiologists to decide the appropriate medical treatment of different diseases, hence helping the industry to expand further.
The Germany market dominated the Europe Consulting Services Market by Country in 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $33.5 million by 2027. The UK market is expected to witness a CAGR of 21.6% during (2021 - 2027). Additionally, The France market is expected to showcase a CAGR of 24.3% during (2021 - 2027).
Based on Service, the market is segmented into Teleradiology, Cloud-based Imaging IT Services, Consulting Services, and Technology Management Services. Based on End User, the market is segmented into Hospitals, Diagnostic Imaging Centers, Radiology Clinics, Physician Offices, and Nursing Homes. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 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.
Scope of the Study
Market Segments Covered in the Report:
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 Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- 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.
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Table of Contents
Companies Mentioned
- 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.
Methodology
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