Mergers and Acquisitions to Promote the Global Teleradiology Software Market

Published: Oct 2023

The global teleradiology software market is anticipated to grow at a considerable CAGR of 7.5% during the forecast period (2023-2030). The growing instances of mergers and acquisitions among key players to extend their geographical reach or to expand customer base is a key factor driving the growth of the global teleradiology software market. For instance,

Browse the full report description of “Teleradiology Software Market Size, Share & Trends Analysis Report by Type (Radiology Information System, Picture Archive & Communication System, and Vendor Neutral Archive), and by Deployment Mode (On-Premise and Cloud-Based), Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/teleradiology-software-market

In September 2023, Experity, provider of on-demand healthcare solutions, has acquired OnePACS, a SaaS PACS (Picture Archiving and Communication Systems) platform purpose-built for teleradiology. OnePACS is the only PACS platform to offer a fully location-agnostic, distributed multi-user, cloud-based PACS with a cloud-based modality worklist and its own automated structured reporting solution with both native OnePACS and third-party voice recognition integration. With the addition of OnePACS, the teleradiology PACS platform, Experity extends its position as the leading urgent care teleradiology company. 

In June 2023, private equity firm Grovecourt Capital Partners has acquired Premier Radiology Services, a national teleradiology company based in Miami, FL. This acquisition was done by the company to improve patient care and to deliver best-in-class quality service for customers in the healthcare services sector.

In December 2020, Claritas HealthTech, a healthcare software company has acquired online clinical systems service provider Integrated Health Ventures (IHV) in Singapore and its associated company in India. IHV provides teleradiology platforms with low bandwidth, optimized, and secure clinical systems for hospitals and radiology centers.

In November 2020, UK teleradiology company, Medica has acquired Global Diagnostics Ireland (GDI) for an initial cash consideration of €16 million (£14.5 million) from private Irish healthcare group, Centric Health.

Market Coverage

The market number available for – 2022-2030

Base year- 2022

Forecast period- 2023-2030

Segment Covered- 

o By Type

o By Deployment Model

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- includes Carestream Health, Telerad Tech, Comarch SA, Medsynaptic Pvt Ltd., and Perfect Imaging LLC, among others.

Key questions addressed by the report

What is the market growth rate?

Which segment and region dominate the market in the base year?

Which segment and region will project the fastest growth in the market?

Who is the leader in the market?

How are players addressing challenges to sustain growth?

Where is the investment opportunity?

Global Teleradiology Software Market Report Segment

By Type

  • Radiology Information System
  • Picture Archive and Communication Systems
  • Vendor Neutral Archive 

By Deployment Model

  • On-Premises
  • Cloud-Based

Global Teleradiology Software Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


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