HBI Deals+Insights / Digital and AI

Infographic: How Sweden’s teleradiology market is formalising

As the European teleradiology sector moves from informal partnerships to public competitive tenders, we visualise Sweden’s which hint at the size of the country’s overall teleradiology market.

As teleradiology booms in Europe because of a radiologist shortage, an explosion in imaging volumes and advances in imaging IT infrastructure, so the need to formalise the sector has arisen.

What used to be informal partnership or ‘gentleman’s agreements’ between hospitals and teleradiology providers are increasingly public tender processes, as the volume of work hit thresholds which mandated publicly-issued tenders.

The UK is now a highly competitive sector with a dozen providers competing for 3-4 year tenders which has started to drive down prices. In the Nordics, less so, with most tenders a two-horse race between Unilabs-owned Telemedicine Clinic and privately-held Direct Diagnostic Alliance, both headquartered in Barcelona.

See the public tenders in Sweden since 2016 below, including modality, duration and contract winner (some have not been announced or issued yet). We suspect that a substantial portion of the Swedish teleradiology market is still informal based on the number of customers the two groups claim to have. HBI Intelligence users will be able to see a detailed market analysis and data (partially using the value of these tenders) when our Teleradiology report goes live in the next month.

We would welcome your thoughts on this story. Email your views to Cameron Murray or call 0207 183 3779.