At 16.1% CAGR, Middle East & Africa Teleradiology Services Market is Projected to be Worth US$ 328.53 Million by 2030, says Business Market Insights

According to Business Market Insights' research, the Middle East & Africa teleradiology services market was valued at US$ 99.26 million in 2022 and is expected to reach US$ 328.53 million by 2030, registering a CAGR of 16.1% from 2022 to 2030. Shortage of radiologist and doctors and growing adoption of teleradiology services are among the critical factors attributed to drive the Middle East & Africa teleradiology services market growth.

There has been a substantial shortage in the number of healthcare professionals such as radiologist, physicians, and doctors worldwide. According to an article 'Minding the Gap: Strategies to Address the Growing Radiology Shortage,' published in July 2023, about 80% of the health systems are reporting shortages in their radiology department.

Additionally, the world faces a huge shortage of radiologist and nursing staff owing to a large influx of patients into the health system and increasing health issues among baby boomers. The burden of resource shortage impacts radiologists working in the profession due to the piling up of work. Teleradiology outsourcing involves the transfer of radiological images for remote diagnosis and reporting by experts through the Internet. Due to the growing shortage of staff in radiology department, healthcare facilities are shifting toward teleradiologist as they can be easily connected online. Thus, the shortage of radiologist is fueling the growth of the teleradiology services market.

On the contrary, security and privacy concerns hurdle the growth of Middle East & Africa teleradiology services market.

Based on deployment type, the Middle East & Africa teleradiology services market is bifurcated into cloud-based and web-based. The cloud-based segment held 69.4% market share in 2022, amassing US$ 68.87 million. It is projected to garner US$ 230.03 million by 2030 to register 16.3% CAGR during 2022-2030.

In terms of modality, the Middle East & Africa teleradiology services market is segmented into MRI, CT-scan, X-ray, ultrasound, and others. The CT-scan segment held 30.6% share of Middle East & Africa teleradiology services market in 2022, amassing US$ 30.38 million. It is anticipated to garner US$ 102.50 million by 2030 to expand at 16.4% CAGR during 2022-2030.

By application, the Middle East & Africa teleradiology services market is divided into musculoskeletal system, gastroenterology, cardiology, oncology, neurology, and others. The musculoskeletal system segment held 29.2% share of Middle East & Africa teleradiology services market in 2022, amassing US$ 25.22 million. It is projected to garner US$ 91.00 million by 2030 to expand at 17.4% CAGR from 2022 to 2030.

In terms of end user, the Middle East & Africa teleradiology services market is categorized into hospitals and clinics, diagnostic and imaging centers, others. The hospitals and clinics segment held 59.0% share of Middle East & Africa teleradiology services market in 2022, amassing US$ 58.56 million. It is projected to garner US$ 200.60 million by 2030 to expand at 16.6% CAGR from 2022 to 2030.

Based on country, the Middle East & Africa teleradiology services market is categorized into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. Our regional analysis states that the Rest of Middle East & Africa captured 35.8% share of Middle East & Africa teleradiology services market in 2022. It was assessed at US$ 35.56 million in 2022 and is likely to hit US$ 113.73 million by 2030, registering a CAGR of 15.6% during 2022-2030.

Key players operating in the Middle East & Africa teleradiology services market are Aster Medical Imaging LLC, medavis GmbH, Teleradiology Solutions Inc, TeleDiagnosys LLC, and Agilus Diagnostics Ltd, among others.

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