China Teleradiology Market: Industry Analysis and Forecast (2024-2030)

The China Teleradiology Market size was valued at USD 241.30 Million in 2023 and the total China Teleradiology revenue is expected to grow at a CAGR of 12% from 2023 to 2030, reaching nearly USD 473.75 Million in 2030.

China Teleradiology Market Overview

The China Teleradiology Market thrives as a crucial element in the country’s healthcare tapestry, employing advanced communication tools to interpret and transmit medical images remotely. Its significance lies in bridging geographical divides, facilitating prompt diagnoses, and improving healthcare access nationwide. The evolution stems from a convergence of factors, such as rapid technological strides like AI integration and robust telecommunication networks. These advancements address critical challenges such as radiologist shortages and manage the surge in medical imaging data, aligning with China's amplified focus on healthcare digitization. The detailed report aims to dissect the intricate dynamics of the China Teleradiology Market. By analysing trends, growth stimulants, challenges, and opportunities within this sphere, the report serves as a compass for stakeholders. It unveils the competitive landscape, profiles key industry players, and forecasts future trends to empower decision-making, ensuring forward momentum within this burgeoning field. China Teleradiology MarketTo know about the Research Methodology :- Request Free Sample Report 1. Recognizing data as a cornerstone in AI research, CSR, in collaboration with the National Health Commission, initiated 14 national medical imaging database projects in 2022. These initiatives, encompassing various diseases from osteoporosis to emergency conditions, prioritize standardized databases for training radiologists and fostering advancements in scientific research, laying a robust foundation for AI-driven advancements in China's Teleradiology landscape.

China Teleradiology Market Dynamics:

A Critical Challenge in China’s Teleradiology Market The growing problem of radiologist shortages in China casts a looming shadow over the Teleradiology landscape. With chronic diseases affecting over 60% of Chinese adults and more than 60% of patients flocking to tertiary hospitals, the strain on radiologists within these facilities has reached critical levels. Despite a staggering annual growth rate of 30% in medical imaging data, the number of radiologists in China is only increasing at 4%. The imbalance translates to a daunting statistic of just one radiologist for every 70,000 individuals. Each radiologist is expected to interpret an overwhelming volume, handling between 300–400 X-rays, 80–100 CT scans, or 60–80 MRIs daily. Even with an estimated 10–20 minutes per report, meeting this demand would require an astonishing 10–12 working hours per day. A 2023 nationwide survey among emergency radiologists starkly highlighted the pressure, particularly in tertiary hospitals, with higher examination volumes and increased workloads. Radiologists are grappling with stress due to workload-induced risks of misdiagnosis, time constraints, and the daunting task of ensuring precise diagnoses amidst these challenges. China's Dynamic AI Integration in Medical Imaging China's concerted efforts in policy formulation and adoption have ushered in a new era for medical imaging, particularly in the realm of Artificial Intelligence (AI) integration. Government departments, in alignment with established policies, have taken significant strides since 2022–2023 to bolster domestic medical imaging equipment development and explore multifaceted AI applications in the sector. These policies have laid down explicit regulatory frameworks, fostering the growth of AI technology in medical imaging. Additionally, several provinces have initiated pioneering pilot programs, encompassing AI medical imaging products within the ambit of medical insurance coverage, catalyzing exponential growth in AI medical imaging software since its initial approval in early 2020. Currently, the National Medical Products Administration (NMPA) has sanctioned 70 AI medical imaging products, including AI-assisted diagnosis and therapy solutions, reflecting a growing landscape of AI advancements in the China Teleradiology market. 1. Establishment of an AI subgroup within CSR for promoting AI in medical imaging 2. Collaboration with over 100 experts to develop a comprehensive report on AI in medical imaging 3. Initiatives aiming to compare domestic and international trends to drive industrial advancement 4. Launch of 14 national medical imaging database projects to standardize data for training and scientific research.

China Teleradiology Market Segment Analysis:

Based on Modality, the X-Ray segment held the largest market share of more than 50% and dominated the China Teleradiology industry in 2023. The segment is further expected to grow at a CAGR of 12.3% and maintain its dominance during the forecast period. The rising demand is driven by factors such as offering general diagnostics, affordability, and lower data transmission requirements, which have been expected to be the major factors driving the segment growth. China Teleradiology Market Besides that, the Magnetic Resonance Imaging segment is expected to grow at a rapid CAGR and offer lucrative growth opportunities for China Teleradiology manufacturers all across China during the forecast period. The growing demand is projected thanks to providing detailed images of soft tissues and internal organs fuels its demand in areas such as neurology, oncology, and orthopaedics. This increases clinical application and advancements in image compression technology growing the China Teleradiology market. The major key players in the China Teleradiology Market are United Imaging Healthcare (UIH), AliHealth, Nanjing Remote Medical Imaging (NRMI), Beijing Deepwise & League of PHD Technology (DL), and Yitu Healthcare. Thus, increasing demand for the China Teleradiology market supports the segment growth.

China Teleradiology Market Scope: Inquire before buying

China Teleradiology Market
Report Coverage Details
Base Year: 2023 Forecast Period: 2024-2030
Historical Data: 2018 to 2023 Market Size in 2023: US $ 214.30 Mn.
Forecast Period 2024 to 2030 CAGR: 12% Market Size in 2030: US $ 473.75 Mn.
Segments Covered: by Application Picture Archiving and Communication System (PACS) Radiology Information System (RIS)
by Modality 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 Hospitals and Clinics Diagnostic Imaging Centre and Laboratories Long-term Care Centres, Nursing Homes, Assisted Living Facilities

China Teleradiology Market Key Players:

1. United Imaging Healthcare (UIH) 2. AliHealth 3. Nanjing Remote Medical Imaging (NRMI) 4. Beijing Deepwise & League of PHD Technology (DL) 5. Yitu Healthcare 6. Medx 7. Ping An Good Doctor FAQ 1. What is the projected market size & and growth rate of the China Teleradiology Market? Ans. The China Teleradiology Market size was valued at USD 214.30 Million in 2023 and the total China Teleradiology revenue is expected to grow at a CAGR of 12% from 2023 to 2029, reaching nearly USD 473.75 Million. 2. What segments are covered in the China Teleradiology Market report? Ans. The segments covered in the China Teleradiology Market report are Application, Modality, Technology Solutions, and end-users. 3. What factors drive the growth of the China Teleradiology market? Ans. Factors such as technological advancements, addressing healthcare disparities, radiologist shortages, healthcare digitization, and government support and policies are driving the growth of the Teleradiology market in China.
1. China Teleradiology Market: Executive Summary 1.1. Overview of Teleradiology 1.2. Evolution and Growth Factors 1.3. Purpose and Scope of the Report 2. China Teleradiology Market: Competitive Landscape 2.1. MMR Competition Matrix 2.2. Competitive Landscape, Market Share, And Strategic Initiatives 2.3. Market Share Analysis Of Key Players 2.4. Profiles Of Key Players In China’s Teleradiology Market 2.5. Recent Developments And Strategies 2.6. Regulatory Framework And Compliance 2.7. Recent Mergers, Acquisitions, And Partnerships 2.8. Technology Advancements 2.8.1. Innovation In Teleradiology 2.8.2. Adoption Of Advanced Technologies In China 2.9. Market Structure 2.9.1. Market Leaders 2.9.2. Market Followers 2.9.3. Emerging Players 2.10. Consolidation Of The Market 3. China Teleradiology Market: Dynamics 3.1. Market Trends and Factors Impacting Growth 3.1.1. Technological Advancements Driving Market Growth 3.1.2. Impact of AI and Machine Learning in Teleradiology 3.1.3. Regulatory Landscape and Compliance Challenges 3.2. Drivers of Growth in China’s Teleradiology Market 3.3. Market Challenges and Future Outlook 3.3.1. Challenges Faced by the Market 3.3.2. Future Growth Prospects and Forecasts 3.4. Opportunities and Future Trends 3.5. PORTER’s Five Forces Analysis 3.6. PESTLE Analysis 4. China Teleradiology Market Size And Forecast By Segments (By Value USD) 4.1. China Teleradiology Market Size And Forecast, By Application (2023-2030) 4.1.1. Picture Archiving and Communication System (PACS) 4.1.2. Radiology Information System (RIS) 4.2. China Teleradiology Market Size And Forecast, By Modality (2023-2030) 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. China Teleradiology Market Size And Forecast, By Technology Solutions (2023-2030) 4.3.1. Web-Based Teleradiology Solutions 4.3.2. Cloud-Based Teleradiology Solutions 4.4. China Teleradiology Market Size And Forecast, By End Users (2023-2030) 4.4.1. Hospitals and Clinics 4.4.2. Diagnostic Imaging Centre and Laboratories 4.4.3. Long-term Care Centres, Nursing Homes, Assisted Living Facilities 5. Company Profile: Key Players 5.1. United Imaging Healthcare 5.1.1. Company Overview 5.1.2. Financial Overview 5.1.3. Business Portfolio 5.1.4. SWOT Analysis 5.1.5. Business Strategy 5.1.6. Recent Developments 5.2. AliHealth 5.3. Nanjing Remote Medical Imaging (NRMI) 5.4. Beijing Deepwise & League of PHD Technology (DL) 5.5. Yitu Healthcare 5.6. Medx 5.7. Ping An Good Doctor 6. Key Findings 7. China Teleradiology Market: Research Methodology 8. Industry Recommendation