The peaks and troughs of the teleradiology market have, like the rest of the medical imaging market, been shaped in recent years by the coronavirus pandemic. As such, at the height of the pandemic restrictions in 2020 and 2021, when elective procedures were postponed en masse, teleradiology reading volumes plummeted. As diagnostic imaging procedure volumes rebounded, so too did both teleradiology reading volumes, and reading service revenues.

This trend has continued, explains Signify Research Senior Market Analyst, Arun Gill. “There was some recovery in 2021,” he says, “but then, the market really picked up in 2022 and the pre-pandemic levels were reached and even exceeded in some countries.

“Given the post-pandemic recovery, this was somewhat expected, but there are also other new trends driving the market.”