What other factors are destabilizing the supply and demand of radiologists today?

Beyond the numbers, there are huge discrepancies in the availability of radiologists in under-resourced markets and rural areas around the country, and it is daunting to adequately staff hospitals and imaging centers after hours and on weekends across all markets.

A carousel of three images each showing healthcare works either taking radiographs of patients or examining radiographs on computers or tablets.

As an early response to a seemingly-insatiable demand for radiology services within the healthcare ecosystem in America, the field of teleradiology emerged in the early 1990s with the rise of the internet and the creation of the DIACOM® standard. Since that time, a relatively small number of major players have entered the market, and through a series of consolidations and the fierce preservation of mediocre standards and outdated delivery solutions, few advancements or innovations have propelled the field of teleradiology forward. In spite of these encumbrances, the telerad market was estimated at $11.8 billion in 2018; when factoring in a CAGR of 23.8%, the market will grow beyond $65 billion by 2026.

To the rational and the reasonable, these factors point to enormous potential for turning old paradigms upside down. Which is exactly what Essential has set out to do.