The China Teleradiology market size was valued at $191 Mn in 2022 and is estimated to expand at a compound annual growth rate (CAGR) of 12.20% from 2022 to 2030 and will reach $ 514 Mn in 2030. The market is segmented by application, modality, technology solutions, and end user. The China teleradiology market will grow due to Increasing demand for remote radiology services. The key market players are United Imaging Healthcare (UIH), AliHealth, Nanjing Remote Medical Imaging (NRMI), Beijing Deepwise & League of PHD Technology (DL), Yitu Healthcare, and others.
The China Teleradiology market size was valued at $191 Mn in 2022 and is estimated to expand at a compound annual growth rate (CAGR) of 12.20% from 2022 to 2030 and will reach $ 514 Mn in 2030. China's healthcare expenditure was steadily increasing in recent years, driven by factors such as an aging population and rising demand for healthcare services. According to data from the National Bureau of Statistics of China, total healthcare expenditure in the country reached $1.36 trillion in 2020. The Chinese government has made significant efforts to expand healthcare coverage to all citizens, and as of 2020, over 95% of the population was covered by some form of health insurance.
Teleradiology, which refers to the transmission of radiological images from one location to another for interpretation and diagnosis, has been increasingly used in China in recent years. This is in part due to the country's large and dispersed population, which can make it difficult for patients in remote areas to access medical specialists. Teleradiology can help bridge this gap by allowing images to be interpreted by specialists located elsewhere. the teleradiology market was experiencing steady growth, driven by factors such as increasing demand for remote medical services, advances in technology, and a shortage of radiologists in China.
There has been a proliferation of teleradiology companies in China in recent years, with many offering services such as remote diagnosis, second opinions, and consulting. Teleradiology services are no longer limited to large hospitals and medical centers in China. Smaller hospitals and clinics are also increasingly using teleradiology to access specialist expertise. AI is being used to assist with the interpretation of radiological images, and teleradiology companies in China are incorporating AI into their services. Teleradiology has played a role in the diagnosis and management of COVID-19 in China, with some hospitals using teleradiology to remotely screen patients for the disease.
Market Growth Drivers
Teleradiology in China is subject to regulations that vary depending on the region and the type of service provided. The following are some key regulations related to teleradiology in China:
Medical Device Registration: Teleradiology equipment and software must be registered with the National Medical Products Administration (NMPA) before they can be used in China. This registration process ensures that the products meet quality and safety standards.
Telemedicine Regulations: In 2018, the Chinese government issued regulations on telemedicine, which include provisions related to teleradiology. The regulations require that telemedicine services be provided by licensed healthcare professionals and that the quality of care is ensured. The regulations also address issues related to data privacy and security.
Regional Regulations: Some regions in China have their own regulations related to teleradiology. For example, the Shanghai Municipal Government has issued guidelines for the use of teleradiology in the city, which include requirements related to data security and quality control.
Cross-Border Regulations: The use of teleradiology to provide medical services across international borders is subject to regulations related to data privacy, security, and licensure. Teleradiology companies must comply with these regulations when providing services to patients in other countries.
1. Report Description of the China 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. China Teleradiology Market Executive Summary
2.1 China Teleradiology Market – Market Overview
2.2 Market Size, Growth Prospects, and Key findings
3. Market Dynamics of the China Teleradiology Market
3.1 Market Growth Drivers Analysis
3.2 Market Restraints Analysis
4. China 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:
4.2.2 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 Chinaer
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
5. China 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
7.1.2 Financial Performance
7.1.3 Product & Services
7.1.4 Strategic initiatives
7.2 Company 2
7.2.2 Financial Performance
7.2.3 Product & Services
7.2.4 Strategic initiatives
7.3 Company 3
7.3.2 Financial Performance
7.3.3 Product & Services
7.3.4 Strategic initiatives
7.4 Company 4
7.4.2 Financial Performance
7.4.3 Product & Services
7.4.4 Strategic initiatives
7.5 Company 5
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 China
8.2 Regulatory Framework in China
8.3 Pricing & Reimbursement Scenario in China Teleradiology Market
9. Factors Driving Future Growth
9.1 New Trends and Development China Teleradiology Market
9.2 Future Opportunities
10. Strategic Recommendations
Teleradiology Market Segmentation
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.
By Technology 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.
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