Brazil Teleradiology Market Analysis

Brazil Teleradiology Market Analysis

$ 3999

The Brazil Teleradiology market size was valued at $59 Mn in 2022 and is estimated to expand at a compound annual growth rate (CAGR) of 12.7% from 2022 to 2030 and will reach $ 154 Mn in 2030. The market is segmented by application, modality, technology solutions, and end user. The Brazil teleradiology market will grow due to Increasing demand for remote radiology services. The key market players are Telelaudo, Imex Medical Group, CMB Diagnósticos, Telemedicina Brasil, Medcloud, Telerrad, ONRAD, Telerradiologia do Brasil, Smart, Teleradiologia, Clínica Radiológica da Mulher.and others.

ID: IN10BRDH140 CATEGORY: Digital Health GEOGRAPHY: Brazil AUTHOR: Chandani Patel

Buy Now

Brazil Teleradiology Market Executive Summary

The Brazil Teleradiology market size was valued at $59 Mn in 2022 and is estimated to expand at a compound annual growth rate (CAGR) of 12.7% from 2022 to 2030 and will reach $ 154 Mn in 2030. Brazil's healthcare expenditure is around 9.2% of its GDP, with a significant portion of the expenditure being funded by the public sector. The digital health market in Brazil is growing rapidly, with an increasing number of startups and companies investing in digital health technologies. In 2020, the digital health market in Brazil was valued at around $6.4 Bn.

Teleradiology is a branch of telemedicine that involves the transmission of medical images, such as X-rays, CT scans, and MRI scans, from one location to another for the purpose of interpretation and diagnosis by a radiologist or other qualified medical professional. Teleradiology allows medical images to be interpreted and diagnosed remotely, which can be particularly useful in situations where access to radiology services is limited, such as in rural or remote areas or in emergency situations. The images can be transmitted electronically over secure networks and can be viewed on a computer or other digital device by the interpreting physician, who can provide a diagnosis and treatment plan based on the results. Teleradiology can improve patient outcomes by providing faster and more accurate diagnoses, particularly in emergency situations where time is critical.

Teleradiology is widely used in Brazil to improve access to radiological services in remote and rural areas. It allows radiologists to interpret medical images from remote locations, providing patients with access to radiological services that they might not otherwise have. Teleradiology is widely used in Brazil, particularly in remote and rural areas, to provide radiological services to patients who might not otherwise have access to these services. It is also used to support emergency care, where rapid diagnosis and treatment are essential.

The teleradiology market in Brazil is growing rapidly, driven by increasing demand for radiological services, advances in technology, and the need to improve access to healthcare in remote and rural areas.

brazil teleradiology market

Market Dynamics

Market Growth Drivers

The COVID-19 pandemic has increased the demand for remote healthcare services, including teleradiology, to limit in-person contact and reduce the risk of transmission of the virus. Additionally, In rural or remote areas of Brazil, access to radiologists may be limited. Teleradiology can help to provide radiology services to patients in these areas.

Moreover, Teleradiology can speed up the diagnostic process by allowing medical images to be interpreted quickly and accurately by a radiologist, regardless of their location. This can help to ensure that patients receive timely and appropriate care. Also, teleradiology allows radiologists to provide services outside of their normal working hours, which can be particularly useful for emergency cases.

Furthermore, teleradiology can be more cost-effective than traditional radiology services, as it eliminates the need for patients to travel to a physical location for imaging and interpretation services.

Market Restraints:

  1. Regulatory barriers: Regulatory barriers, including licensing and accreditation requirements, can be a barrier to the growth of the teleradiology market in Brazil.
  2. Quality concerns: Quality concerns regarding remote interpretations can be a barrier to the growth of the teleradiology market in Brazil.
  3. Security and privacy concerns: Teleradiology involves the transmission and storage of patient data, which can raise security and privacy concerns.

Competitive Landscape

Key Players

  • Telelaudo - offers teleradiology services to hospitals and clinics across Brazil.
  • Imex Medical Group - provides teleradiology and diagnostic imaging services to patients across Brazil.
  • CMB Diagnósticos - offers a range of diagnostic imaging services, including teleradiology, to patients across Brazil.
  • Telemedicina Brasil - provides teleradiology and telemedicine services to hospitals and clinics across Brazil.
  • Medcloud - offers cloud-based medical image management and teleradiology services to hospitals and clinics across Brazil.
  • Telerrad
  • Telerradiologia do Brasil
  • Smart Teleradiologia
  • Clínica Radiológica da Mulher.

Notable Deals:

April 2021:Telelaudo announced a partnership with a Brazilian healthcare provider to provide remote diagnostic services to patients in the country.

July 2021: Medcloud raised $20 Mn in a Series B funding round to expand its teleradiology and telemedicine services in Brazil.

June 2021: ONRAD acquired a majority stake in Brazilian teleradiology provider, Telerad Brasil, in June 2021 to expand its presence in the Latin American market.

March 2021: Telemedicina Brasil partnered with Siemens Healthineers to integrate its teleradiology services with Siemens' diagnostic imaging solutions.

Healthcare Policies and Regulatory Landscape

In Brazil, teleradiology services are regulated by the Brazilian Federal Council of Medicine (Conselho Federal de Medicina - CFM) and the Brazilian National Health Surveillance Agency (Agência Nacional de Vigilância Sanitária - ANVISA). The regulations require that teleradiology services be provided by licensed and accredited professionals and that patient data be transmitted and stored securely and confidentially.

1. Report Description of the Brazil Teleradiology Market
1.1 Research Scope and Assumption
1.2 Objective of the study
1.3 Research Methodology
1.4 Reason to buy the report

2. Brazil Teleradiology Market Executive Summary
2.1 Brazil Teleradiology Market – Market Overview
2.2 Market Size, Growth Prospects, and Key findings

3. Market Dynamics of the Brazil Teleradiology Market
3.1 Market Growth Drivers Analysis
3.2 Market Restraints Analysis

4. Brazil Teleradiology Market Segmentation
4.1 By Application
4.1.1 Picture Archiving and Communication System (PACS)
4.1.2 Radiology Information System (RIS)

4.2 By Modality:
4.2.1 X-Ray
4.2.2 Magnetic Resonance Imaging
4.2.3 Computed Tomography
4.2.4 Ultrasound Systems
4.2.5 Nuclear Imaging

4.3 By Technology Solutions
4.3.1 Web-Based Teleradiology Solutions
4.3.2 Cloud-Based Teleradiology Solutions

4.4 By End Braziler
4.4.1 Hospitals and Clinics
4.4.2 Diagnostic Imaging Center and Laboratories
4.4.3 Long-term Care Centres, Nursing Homes, Assisted Living Facilities
4.4.4 Others

5. Brazil Teleradiology Market Share
5.1 Market Analysis, Insights, and Forecast – By Revenue

6. Competitive Landscape
6.1 Major Top Market Players

7. Key Company Profiles
7.1 Company 1
7.1.1 Overview
7.1.2 Financial Performance
7.1.3 Product & Services
7.1.4 Strategic initiatives

7.2 Company 2
7.2.1 Overview
7.2.2 Financial Performance
7.2.3 Product & Services
7.2.4 Strategic initiatives

7.3 Company 3
7.3.1 Overview
7.3.2 Financial Performance
7.3.3 Product & Services
7.3.4 Strategic initiatives

7.4 Company 4
7.4.1 Overview
7.4.2 Financial Performance
7.4.3 Product & Services
7.4.4 Strategic initiatives

7.5 Company 5
7.5.1 Overview
7.5.2 Financial Performance
7.5.3 Product & Services
7.5.4 Strategic initiatives

8. Healthcare Policies and Regulatory Landscape
8.1 Healthcare Policies in Brazil
8.2 Regulatory Framework in Brazil
8.3 Pricing & Reimbursement Scenario in Brazil Teleradiology Market

9. Factors Driving Future Growth
9.1 New Trends and Development Brazil Teleradiology Market
9.2 Future Opportunities

10. Strategic Recommendations

Teleradiology Market Segmentation

By Application

  • Picture Archiving and Communication System (PACS)
  • Radiology Information System (RIS)

By Modality:

The market is divided into X-ray, computed tomography (CT), ultrasound, magnetic resonance imaging (MRI), nuclear imaging, fluoroscopy, and mammography segments based on Modality. The computed tomography market category held the biggest market share in 2020. Several medical specialties employ computed tomography, including cardiology, cancer, neurology, abdominal and pelvic imaging, as well as spine and musculoskeletal imaging. The teleradiology market is expanding in this sector due to factors including the rising demand for early and accurate diagnosis, technical improvements, and digitalization in this industry. Around 100 million CT scans are performed annually worldwide, according to the WHO. The demand for CT scans over other imaging modalities has increased due to the desire to avoid exploratory procedures and advancements in cancer diagnosis and therapy.

  • X-Ray
  • Magnetic Resonance Imaging
  • Computed Tomography
  • Ultrasound Systems
  • Nuclear Imaging

By Technology Solutions

  • Web-Based Teleradiology Solutions
  • Cloud-Based Teleradiology Solutions

By End User

The market is divided into four categories based on the end users: long-term care facilities, nursing homes, and assisted living facilities; hospitals and clinics; diagnostic imaging centres and laboratories; and other end users. In 2019, the hospitals and clinics segment's revenue contribution was the highest. This segment's significant market share can be ascribed to the increase in diagnostic imaging operations carried out in hospitals, the hospitals' growing propensity to automate and digitise patient data, and the growing demand to raise the standard of patient care. In addition, the COVID-19 pandemic shortage of radiologists and the growing usage of new imaging modalities to boost hospital workflow efficiency are anticipated to enhance the development of this end-user segment.

  • Hospitals and Clinics
  • Diagnostic Imaging Center and Laboratories
  • Long-term Care Centres, Nursing Homes, Assisted Living Facilities
  • Others

Insights10 will provide you with the reports within 10 key parameters which are:

  1. Market Overview
  2. Market Growth Drivers & Restraints
  3. Epidemiology of Disease Type
  4. Market Segmentation
  5. Market Share
  6. Competitive Landscape
  7. Key Company Profiles
  8. Healthcare Policies & Regulatory Framework
  9. Reimbursement Scenario
  10. Factors Driving Future Growth

Based on our many years of experience, we believe that these are the parameters that are critical to decision-making for business stakeholders. Our focused approach to developing reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.


Stage I: Market Data Collection

Primary Interviews: We have developed a network of experts, freelancers, and researchers across countries through which we engage with local experts to gather key data points and assumptions about each market. We also engage regularly with some of the best market research agencies such as Atheneum, GuidePoint, GLG, etc. to conduct surveys and interviews, and build intelligence. We have language translators as a part of our team, who between them can cover 30+ languages allowing us to extract better local insights.

Secondary Data Collection: We have developed strong expertise and experience in secondary data collection methods for developing unique data sets and research material. We gather data from multiple reliable sources to maintain a high level of accuracy and consistency. The market data is analyzed and forecasted using appropriate statistical and coherent models. The report offers an overall analysis of the market size, growth, and market share as well as a segment-level analysis of the specific market. Our report includes precise, to-the-point information related to the overall market, competition, growth drivers, challenges, regulatory updates, and competition.

Data Sources: We have access to multiple highly reliable free and subscription data sources. We have many years of experience to understand which sources are more dependable for what and which to prefer for the reliable and latest information. The key sources of information include the following, but are not limited to:



Stage II: Market Data Analysis and Statistical Model

Market Trends: We generally look at macro parameters and micro indicators. The macro parameters include changes in government policies, demand and supply of the market, government intervention programs, and major market share. The micro indicators are GDP growth, market size, market volume, etc. We also understand nuances specific to each country like the US, Canada, India, Germany, etc., and have worked across 60+ countries and hence not only understand global trends but how these differ by country, how payment models, market structure, cultural parameters, etc. differ in each country.

Market Sizing and Analysis: Our expert data analytics team has created various market forecast models by employing the top-down approach i.e. starting with the large overall market and segmenting different areas and the bottom-up approach i.e. starting with population and epidemiology and rolling up based on spend, etc., estimating the size of the market, and distributing among the geographic and/or product segments.

The top-down approach is mainly used for new product forecasting and the bottom-up approach is used for demand estimation of any product for different countries summed up to form the total market. We are able to round off insights and build stronger forecasts because we always do both these methods and triangulate the final numbers.

The study on the market covers the analysis of the leading geographies such as Asia-Pacific, Africa, Europe, Middle East, North America, and  Latin America for the period of 2022 to 2030. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape, and policy and regulatory scenario, and the quantitative analysis covers different market estimates and forecasts.

Data Triangulation & Validation:

Data triangulation of various sources and results of the research are carried out by benchmarking with reliable sources such as industry statistics, statistical databases, and company-level averages, etc.

We make sure to finalize the numbers in alignment with the market research. Firstly, our internal experts ensure thorough validation and checking to ensure accurate and precise analysis and then validation is also done using a multiple-data analysis model. Two-level validation is done and entails the finalization of the report scope and the way of representation pattern.



Stage III: Interpretation and Presentation

Analysis & Interpretation: The information gathered is then analyzed and synthesized. The second series of interviews are done if necessary to check and validate. The future opportunities are analyzed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results is then, interpreted by considering the following parameters: (a partial list)

  • Establishing market drivers and trends
  • Analyzing the regulatory landscape to understand future growth
  • Market Segment based analysis to obtain revenue/volume
  • ​Analyzing current needs and determining penetration to estimate the market

Insights: Our reports deliver actionable insights backed with supporting facts and figures to assist you in achieving exemplary growth. Our in-depth analyses are interspersed with relevant insights and statistics to offer an executive-level view of a given market. The description helps in correlating many minor factors affecting the market and their impact on the different segments within the market.

Data curated from the analysis and interpretation are drawn to portray all in one consolidated report.

Presentation & Reporting: The market research report is presented in different forms such as charts by using a scientific approach for easy understanding. Historic, current, and future analysis is provided for each market in terms of both value and volume. The size of the market is interpreted in the US Dollar value and the respective unit, based on the product, for volume consumption.

The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

To request a free sample copy of this report, please complete the form below.

We value your inquiry and offer free customization with every report to fulfil your exact research needs.

This report addresses

  • Intelligent insights to take informed business decisions
  • Qualitative, acute and result oriented market analysis
  • Market size and forecasts from 2022 to 2030
  • Opportunities for expansion and in-depth market analysis
  • Segmentation and regional revenue forecasts
  • Analysis of the market share and competitive landscape
  • Strategic Recommendations to chart future course of action
  • Comprehensive Market Research Report in PDF and PPT formats

Need more?

  • Ask our analyst how this study was put together to learn more
  • Discuss additional requirements as part of the free customisation
  • Add more countries or regions to the scope 
  • Get answers to specific business questions 
  • Develop the business case to launch the product
  • Find out how this report may influence your business revenue
Last updated on: 13 March 2023

Related reports (by category)

Related reports (by geography)

subscribe to our newsletter