The Latin America, Middle East and Africa Radiology as a Service Market would witness market growth of 23.7% CAGR during the forecast period (2021-2027).
Radiology refers to crucial diagnostic equipment for different types of diseases. Radiology is utilized to guide the further direction of the treatment for conditions like stroke and heart diseases. In addition, it is also utilized for the diagnosis of diseases like breast cancer (mammography), with early diagnosis decreasing the death rate. In addition, these technologies are utilized for many diseases and skeletal conditions like fractures.
One of the major catalysts for the growth of the market is the rise in demand for sophisticated and highly effective medical imaging services. In addition, the growth of the market would be fuelled by the increasing rates of cancer around the world which directly increases the requirement for medical images.
In countries like Argentina, UAE, and South Africa, hospitals belonging to urban and rural areas have increased their expenditure to install diagnostic imaging devices. In addition, some of the advanced healthcare institutions are gradually upgrading to costly, and advanced diagnostic devices which would allow the regional population to avail advanced healthcare facilities. Additionally, countries that were once bereft of basic imaging equipment are now installing midrange imaging devices to provide better medical treatments.
The Brazil market dominated the LAMEA Cloud-based Imaging IT Services Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $13.1 million by 2027. The Argentina market is expected to witness a CAGR of 24.4% during (2021 - 2027). Additionally, The UAE market would exhibit a CAGR of 22.6% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Radiology as a Service Market is Predict to reach $3,783.8 Million by 2027, at a CAGR of 22.5%
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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Radiology as a Service Market, by Service
1.4.2 LAMEA Radiology as a Service Market, by End User
1.4.3 LAMEA Radiology as a Service Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2018, Apr – 2021, Dec) Leading Players
Chapter 4. LAMEA Radiology as a Service (RaaS) Market by Service
4.1 LAMEA Teleradiology Market by Country
4.2 LAMEA Cloud-based Imaging IT Services Market by Country
4.3 LAMEA Consulting Services Market by Country
4.4 LAMEA Technology Management Services Market by Country
Chapter 5. LAMEA Radiology as a Service (RaaS) Market by End User
5.1 LAMEA Hospitals Market by Country
5.2 LAMEA Diagnostic Imaging Centers Market by Country
5.3 LAMEA Radiology Clinics Market by Country
5.4 LAMEA Physician Offices Market by Country
5.5 LAMEA Other End User Market by Country
Chapter 6. LAMEA Radiology as a Service (RaaS) Market by Country
6.1 Brazil Radiology as a Service (RaaS) Market
6.1.1 Brazil Radiology as a Service (RaaS) Market by Service
6.1.2 Brazil Radiology as a Service (RaaS) Market by End User
6.2 Argentina Radiology as a Service (RaaS) Market
6.2.1 Argentina Radiology as a Service (RaaS) Market by Service
6.2.2 Argentina Radiology as a Service (RaaS) Market by End User
6.3 UAE Radiology as a Service (RaaS) Market
6.3.1 UAE Radiology as a Service (RaaS) Market by Service
6.3.2 UAE Radiology as a Service (RaaS) Market by End User
6.4 Saudi Arabia Radiology as a Service (RaaS) Market
6.4.1 Saudi Arabia Radiology as a Service (RaaS) Market by Service
6.4.2 Saudi Arabia Radiology as a Service (RaaS) Market by End User
6.5 South Africa Radiology as a Service (RaaS) Market
6.5.1 South Africa Radiology as a Service (RaaS) Market by Service
6.5.2 South Africa Radiology as a Service (RaaS) Market by End User
6.6 Nigeria Radiology as a Service (RaaS) Market
6.6.1 Nigeria Radiology as a Service (RaaS) Market by Service
6.6.2 Nigeria Radiology as a Service (RaaS) Market by End User
6.7 Rest of LAMEA Radiology as a Service (RaaS) Market
6.7.1 Rest of LAMEA Radiology as a Service (RaaS) Market by Service
6.7.2 Rest of LAMEA Radiology as a Service (RaaS) Market by End User
Chapter 7. Company Profiles
7.1 General Electric (GE) Co. (GE Healthcare)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Acquisitions and Mergers:
7.1.5.3 Product Launches and Product Expansions:
7.1.6 SWOT Analysis
7.2 Koninklijke Philips N.V.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.1 Recent strategies and developments:
7.2.1.1 Partnerships, Collaborations, and Agreements:
7.2.1.2 Acquisitions and Mergers:
7.2.1.3 Geographical Expansions:
7.3 Medica Group PLC
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Recent strategies and developments:
7.3.3.1 Partnerships, Collaborations, and Agreements:
7.3.3.2 Acquisitions and Mergers:
7.4 Virtual Radiologic (Radiology Partners, Inc.)
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Recent strategies and developments:
7.4.3.1 Partnerships, Collaborations, and Agreements:
7.5 Teleconsult Europe
7.5.1 Company Overview
7.6 Vesta Teleradiology
7.6.1 Company Overview
7.7 Teleradiology Solutions, Inc.
7.7.1 Company Overview
7.8 ONRAD, Inc.
7.8.1 Company Overview
7.9 Ambra Health
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Partnerships, Collaborations, and Agreements:
7.9.2.2 Product Launches and Product Expansions:
7.10. RamSoft, Inc.
7.10.1 Company Overview
7.10.2 Recent strategies and developments:
7.10.2.1 Partnerships, Collaborations, and Agreements:
7.10.2.2 Acquisitions and Mergers:
TABLE 1 LAMEA Radiology as a Service (RaaS) Market, 2017 - 2020, USD Million
TABLE 2 LAMEA Radiology as a Service (RaaS) Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Radiology As A Service Market
TABLE 4 Product Launches And Product Expansions– Radiology As A Service Market
TABLE 5 Acquisition and Mergers– Radiology As A Service Market
TABLE 6 Geographical expansions– Radiology As A Service Market
TABLE 7 LAMEA Radiology as a Service (RaaS) Market by Service, 2017 - 2020, USD Million
TABLE 8 LAMEA Radiology as a Service (RaaS) Market by Service, 2021 - 2027, USD Million
TABLE 9 LAMEA Teleradiology Market by Country, 2017 - 2020, USD Million
TABLE 10 LAMEA Teleradiology Market by Country, 2021 - 2027, USD Million
TABLE 11 LAMEA Cloud-based Imaging IT Services Market by Country, 2017 - 2020, USD Million
TABLE 12 LAMEA Cloud-based Imaging IT Services Market by Country, 2021 - 2027, USD Million
TABLE 13 LAMEA Consulting Services Market by Country, 2017 - 2020, USD Million
TABLE 14 LAMEA Consulting Services Market by Country, 2021 - 2027, USD Million
TABLE 15 LAMEA Technology Management Services Market by Country, 2017 - 2020, USD Million
TABLE 16 LAMEA Technology Management Services Market by Country, 2021 - 2027, USD Million
TABLE 17 LAMEA Radiology as a Service (RaaS) Market by End User, 2017 - 2020, USD Million
TABLE 18 LAMEA Radiology as a Service (RaaS) Market by End User, 2021 - 2027, USD Million
TABLE 19 LAMEA Hospitals Market by Country, 2017 - 2020, USD Million
TABLE 20 LAMEA Hospitals Market by Country, 2021 - 2027, USD Million
TABLE 21 LAMEA Diagnostic Imaging Centers Market by Country, 2017 - 2020, USD Million
TABLE 22 LAMEA Diagnostic Imaging Centers Market by Country, 2021 - 2027, USD Million
TABLE 23 LAMEA Radiology Clinics Market by Country, 2017 - 2020, USD Million
TABLE 24 LAMEA Radiology Clinics Market by Country, 2021 - 2027, USD Million
TABLE 25 LAMEA Physician Offices Market by Country, 2017 - 2020, USD Million
TABLE 26 LAMEA Physician Offices Market by Country, 2021 - 2027, USD Million
TABLE 27 LAMEA Other End User Market by Country, 2017 - 2020, USD Million
TABLE 28 LAMEA Other End User Market by Country, 2021 - 2027, USD Million
TABLE 29 LAMEA Radiology as a Service (RaaS) Market by Country, 2017 - 2020, USD Million
TABLE 30 LAMEA Radiology as a Service (RaaS) Market by Country, 2021 - 2027, USD Million
TABLE 31 Brazil Radiology as a Service (RaaS) Market, 2017 - 2020, USD Million
TABLE 32 Brazil Radiology as a Service (RaaS) Market, 2021 - 2027, USD Million
TABLE 33 Brazil Radiology as a Service (RaaS) Market by Service, 2017 - 2020, USD Million
TABLE 34 Brazil Radiology as a Service (RaaS) Market by Service, 2021 - 2027, USD Million
TABLE 35 Brazil Radiology as a Service (RaaS) Market by End User, 2017 - 2020, USD Million
TABLE 36 Brazil Radiology as a Service (RaaS) Market by End User, 2021 - 2027, USD Million
TABLE 37 Argentina Radiology as a Service (RaaS) Market, 2017 - 2020, USD Million
TABLE 38 Argentina Radiology as a Service (RaaS) Market, 2021 - 2027, USD Million
TABLE 39 Argentina Radiology as a Service (RaaS) Market by Service, 2017 - 2020, USD Million
TABLE 40 Argentina Radiology as a Service (RaaS) Market by Service, 2021 - 2027, USD Million
TABLE 41 Argentina Radiology as a Service (RaaS) Market by End User, 2017 - 2020, USD Million
TABLE 42 Argentina Radiology as a Service (RaaS) Market by End User, 2021 - 2027, USD Million
TABLE 43 UAE Radiology as a Service (RaaS) Market, 2017 - 2020, USD Million
TABLE 44 UAE Radiology as a Service (RaaS) Market, 2021 - 2027, USD Million
TABLE 45 UAE Radiology as a Service (RaaS) Market by Service, 2017 - 2020, USD Million
TABLE 46 UAE Radiology as a Service (RaaS) Market by Service, 2021 - 2027, USD Million
TABLE 47 UAE Radiology as a Service (RaaS) Market by End User, 2017 - 2020, USD Million
TABLE 48 UAE Radiology as a Service (RaaS) Market by End User, 2021 - 2027, USD Million
TABLE 49 Saudi Arabia Radiology as a Service (RaaS) Market, 2017 - 2020, USD Million
TABLE 50 Saudi Arabia Radiology as a Service (RaaS) Market, 2021 - 2027, USD Million
TABLE 51 Saudi Arabia Radiology as a Service (RaaS) Market by Service, 2017 - 2020, USD Million
TABLE 52 Saudi Arabia Radiology as a Service (RaaS) Market by Service, 2021 - 2027, USD Million
TABLE 53 Saudi Arabia Radiology as a Service (RaaS) Market by End User, 2017 - 2020, USD Million
TABLE 54 Saudi Arabia Radiology as a Service (RaaS) Market by End User, 2021 - 2027, USD Million
TABLE 55 South Africa Radiology as a Service (RaaS) Market, 2017 - 2020, USD Million
TABLE 56 South Africa Radiology as a Service (RaaS) Market, 2021 - 2027, USD Million
TABLE 57 South Africa Radiology as a Service (RaaS) Market by Service, 2017 - 2020, USD Million
TABLE 58 South Africa Radiology as a Service (RaaS) Market by Service, 2021 - 2027, USD Million
TABLE 59 South Africa Radiology as a Service (RaaS) Market by End User, 2017 - 2020, USD Million
TABLE 60 South Africa Radiology as a Service (RaaS) Market by End User, 2021 - 2027, USD Million
TABLE 61 Nigeria Radiology as a Service (RaaS) Market, 2017 - 2020, USD Million
TABLE 62 Nigeria Radiology as a Service (RaaS) Market, 2021 - 2027, USD Million
TABLE 63 Nigeria Radiology as a Service (RaaS) Market by Service, 2017 - 2020, USD Million
TABLE 64 Nigeria Radiology as a Service (RaaS) Market by Service, 2021 - 2027, USD Million
TABLE 65 Nigeria Radiology as a Service (RaaS) Market by End User, 2017 - 2020, USD Million
TABLE 66 Nigeria Radiology as a Service (RaaS) Market by End User, 2021 - 2027, USD Million
TABLE 67 Rest of LAMEA Radiology as a Service (RaaS) Market, 2017 - 2020, USD Million
TABLE 68 Rest of LAMEA Radiology as a Service (RaaS) Market, 2021 - 2027, USD Million
TABLE 69 Rest of LAMEA Radiology as a Service (RaaS) Market by Service, 2017 - 2020, USD Million
TABLE 70 Rest of LAMEA Radiology as a Service (RaaS) Market by Service, 2021 - 2027, USD Million
TABLE 71 Rest of LAMEA Radiology as a Service (RaaS) Market by End User, 2017 - 2020, USD Million
TABLE 72 Rest of LAMEA Radiology as a Service (RaaS) Market by End User, 2021 - 2027, USD Million
TABLE 73 Key Information – General Electric (GE) Co.
TABLE 74 Key Information – Koninklijke Philips N.V.
TABLE 75 Key information – Medica Group PLC
TABLE 76 Key information – Virtual Radiologic
TABLE 77 Key Information – Teleconsult Europe
TABLE 78 Key information – Vesta Teleradiology
TABLE 79 Key Information – Teleradiology Solutions, Inc.
TABLE 80 Key information – ONRAD, Inc.
TABLE 81 Key Information – Ambra Health
TABLE 82 Key Information – RamSoft, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2018, Apr – 2021, Dec) Leading Players
FIG 5 Recent strategies and developments: General Electric (GE) Co.
FIG 6 Swot analysis: General electric (GE) Co.
FIG 7 Recent strategies and developments: Koninklijke Philips N.V.
FIG 8 Recent strategies and developments: Medica Group PLC
FIG 9 Recent strategies and developments: Ambra Health
FIG 10 Recent strategies and developments: RamSoft, Inc.