Category: Blogs

Western Europe Teleradiology Market Trends & Forecast by 2023 Of late, the Western Europe market for teleradiology has been experiencing a substantial surge, thanks to the constant evolution of information and communication technologies in this region. Going forward, the shortage of expert radiologists across Europe is likely to fuel the demand for teleradiology solutions in the near future, reflecting greatly on this market. In 2014, the opportunity in the Western Europe teleradiology market was US$305.8 mn. Expanding at a CAGR of 18.50% during the period from 2015 to 2023, it is likely to reach US$1443.7 mn by 2023 end. The cost efficiency of teleradiology solutions, emergency coverage, and the rising number of imaging procedures are projected to boost this market over the next few years. However, the complex regulations, high initial investment, and language barrier are expected to limit the growth of this regional market in the years to come.