South Korea Teleradiology Market Size, Share, and COVID-19 Impact Analysis, By Product (Ultrasound, MRI, CT, and X-ray), By Report Type (Preliminary and Final), By End-use (Hospital and Radiology Clinics), and South Korea Teleradiology Market Industry Trend, Forecasts to 2035
Industry: HealthcareSouth Korea Teleradiology Market Insights Forecasts to 2035
- The South Korea Teleradiology Market Size Was Estimated at USD 219.2 Million in 2024
- The Market Size is Expected to Grow at a CAGR of around 26.56% from 2025 to 2035
- The South Korea Teleradiology Market Size is Expected to Reach USD 2925.2 Million by 2035
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According to a research report published by Spherical Insights & Consulting, The South Korea Teleradiology Market Size is anticipated to reach USD 2925.2 Million by 2035, growing at a CAGR of 26.56% from 2025 to 2035. The growing incidence of target diseases and the growing need for teleradiology for emergencies and second opinions are the main factors propelling the teleradiology industry's expansion.
Market Overview
The teleradiology market involves the transmission of radiological images such as X-rays, CT scans, MRIs, and ultrasounds from one location to another for remote interpretation by radiologists. The faster diagnosis, improved access to specialist opinions in remote or underserved areas, and enhanced healthcare efficiency. Growing demand for telemedicine, increasing prevalence of chronic diseases, and technological advancements create significant opportunities for market growth. Governments, including South Korea, support teleradiology through initiatives promoting digital health infrastructure, remote healthcare services, and funding for telemedicine programs, aiming to improve patient outcomes and reduce healthcare costs.
Report Coverage
This research report categorizes the market for South Korea teleradiology market based on various segments and regions forecasts revenue growth, and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea teleradiology market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment South Korea teleradiology market.
South Korea Teleradiology Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024: | USD 219.2 Million |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | 26.56% |
2035 Value Projection: | USD 2925.2 Million |
Historical Data for: | 2020-2023 |
No. of Pages: | 168 |
Tables, Charts & Figures: | 115 |
Segments covered: | By Product, By Report Type and By End-use |
Companies covered:: | INFINITT Healthcare, HTeleRad (HealthHub), Promedius Inc., JLK (Medihub TELE), AIRS Medical Inc., Rayence, Woorien (Vatech Networks), RadiSen Inc., Medihere Co., KT Corp., SK Telecom, and Others |
Pitfalls & Challenges: | Covid-19 Impact, Challenge, Future,Growth and Analysis |
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Driving Factors
The rising demand for timely and accurate diagnostic services, especially in remote and underserved areas. The increasing prevalence of chronic diseases and emergencies requires quick image interpretation, boosting teleradiology adoption. Technological advancements, such as AI integration and improved imaging tools, enhance service efficiency. Growing telemedicine acceptance, shortage of radiologists, and healthcare cost reduction efforts further propel market growth.
Restraining Factors
High setup and integration costs, including infrastructure, specialized software, and secure networks, create financial barriers, especially for smaller healthcare providers. Data security and patient privacy concerns stemming from the electronic transmission of sensitive medical images pose compliance challenges and may deter adoption. Lack of standardization and interoperability across platforms and providers complicates quality control, data integration, and cross-facility workflows.
Market Segmentation
The South Korea teleradiology market share is classified into product, report type, and end-use.
- The ultrasound segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea teleradiology market is segmented by product into ultrasound, MRI, CT, and X-ray. Among these, the ultrasound segment held a significant share in 2024 and is expected to grow at a substantial CAGR during the forecast period. its non-invasive, cost-effective nature and real-time imaging capabilities. Ultrasound is widely used for prenatal care, cardiology, and musculoskeletal assessments, making it essential in remote diagnostics. Increasing adoption of telemedicine and advancements in portable ultrasound devices further drive its demand.
- The preliminary segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea teleradiology market is segmented by end use into preliminary and final. Among these, the preliminary segment dominated a share in 2024 and is expected to grow at a significant CAGR during the forecast period. The increasing need for rapid initial assessments to expedite diagnosis and treatment. Preliminary reports help healthcare providers make timely decisions, especially in emergency and remote settings. Rising demand for quick turnaround times, shortages of radiologists, and growing adoption of telemedicine platforms drive this segment’s growth.
- The hospital segment held a dominant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea teleradiology market is segmented by end use into hospital and radiology clinics. Among these, the hospital segment held a dominant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The higher imaging volumes, and greater adoption of telemedicine technologies. Hospitals often have better resources for integrating teleradiology into their systems, including access to skilled radiologists and IT support. Additionally, government initiatives to improve digital healthcare in public hospitals and the need for 24/7 diagnostic services further support this trend.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea teleradiology market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the companies' current news and developments, including product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- INFINITT Healthcare
- HTeleRad (HealthHub)
- Promedius Inc.
- JLK (Medihub TELE)
- AIRS Medical Inc.
- Rayence
- Woorien (Vatech Networks)
- RadiSen Inc.
- Medihere Co.
- KT Corp.
- SK Telecom
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea teleradiology market based on the below-mentioned segments:
South Korea Teleradiology Market, By Product
- Ultrasound
- MRI
- CT
- X-ray
South Korea Teleradiology Market, By Report Type
- Preliminary
- Final
South Korea Teleradiology Market, By End-use
- Hospital
- Radiology Clinics
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