Teleradiology Market to Grow at a CAGR of 11.3% During 2015 - 2023
Despite the presence of relatively small number of regional players and a handful of global players, the global teleradiology market is markedly fragmented, notes Transparency Market Research (TMR). Several regional players boast of sizeable shares in their respective regions, the status quo is constantly threatened by numerous large players based in developed markets, notably from Europe and North America. In order to retain their shares in the overall market, these regional companies constantly need to bolster their product portfolio and geographic reach. On the other hand, globally prominent players are capitalizing on their brand value and the strength of innovative offerings to gain a competitive edge over their rivals. TMR observes that the players with international presence may leverage the synergies of long-term contracts they are entering with various service providers. They are also expected to explore new revenue streams by collaborating with community ...