Radiology As A Service Market size is expected to reach USD 4.7 billion by 2028
Radiology As A Service Industry Overview The global radiology as a service market size was valued at USD 1.1 billion in 2020 and is projected to grow at a compound annual growth rate (CAGR) of 20.3% from 2021 to 2028. Increasing demand for advanced, low-cost cloud-based medical imaging services is the key driving factor for the market. In addition, the rising number of cancer cases globally increases the number of medical images, which, in turn, is expected to drive market growth. According to the National Cancer Institute (NCI), about 39.5% will be diagnosed with cancer at some point in their life. In 2018, there were 18.1 million new cases worldwide, and the number is expected to rise to 29.5 million by 2040. Further, the growing number of medical images and the low availability of radiologists around the globe are projected to propel the market growth over forecast years. Gather more insights about the market drivers, restrains and growth of the Global Radi...