The concept of teleradiology is fast emerging with radiologist sharing interpretations with doctors practicing in different countries. With advancements in digital technology, healthcare providers are able to rapidly transfer high-quality images for proper interpretation by healthcare consultants. The transmission capability is also improving with centers providing 24/7 facility in case of emergency. Around 499 new cancer cases are diagnosed each year in the U.S., as per the National Institute of Cancer. Hence, in such cases, teleradiology is emerging as the life saver for patients and is also helping doctors.
According to the latest report by Future Market Insights (FMI), on basis of modality in teleradiology market, CT Scans is projected to reach 662 basis points by 2026. Moreover, CT Scans are considered best to diagnose orthopedic diseases as well as cancer, this will lead to the rise in demand for CT Scans between 2016 and 2026. CT Scans service market is anticipated to reach nearly $4.6 billion by 2026, registering 23.6% CAGR. CT Scans is also leading the U.S. teleradiology market and it is expected to gain 874 basis points by 2026. Also, the U.S. CT Scans market is anticipated to reach $2 billion and registering 25.7% CAGR by 2026.
Emerging technologies to provide better teleradiology services
Value-added teleradiology services are making it possible to share other necessary information, which is improving the quality of diagnostic procedures. Teleradiology is also providing access to advanced image processing and 3D visualization, sharing information from reference material such as an online publication.
Companies are also entering into partnerships to introduce cutting-edge solutions in teleradiology. For instance, Telerad Tech has signed a deal with Israel-based Zebra Medical Vision to work on Artificial Intelligence (AI) in radiology. The aim is to introduce the best technological solution in India, Asia and Africa. AI in radiology will allow intelligent detection of medical conditions such as stroke, fractures and cancer.
Similarly, Wipro GE Healthcare and Teleradiology Solutions have also entered into a partnership to provide Remote Radiology Reporting Services to both private and public healthcare customers by using cutting-edge encryption technology. This will be supported by the team of 50 radiologists across multiple centers in India.
3D anatomical models are also being introduced in teleradiology. Along with the rise in technological advancements and connectivity, data security is also becoming an important concern in teleradiology. Hence, many healthcare security policies are being introduced and companies are also focusing on developing highly secure solutions for teleradiology.
Processing speed is an important aspect in diagnostic images. Hence, Graphical Processing Units (GPU) is becoming an important part of teleradiology, providing faster processing and reconstructing images in few minutes. Mobile teleradiology is also gaining popularity with providing access to the reports anytime and anywhere. This next generation automation in teleradiology is enabling radiologists to review, study and upload reports with just a few clicks. With increasing use of digital health and telemedicine, bills are also being introduced for various telehealth services. These bills are being introduced to support telehealth services for managing chronic diseases.