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Medical Image Analysis Software Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013 to 2017 and Forecast 2018 to 2024
Medical Image Analysis Software Market
Global medical image analysis software market was valued at US $ XX Mn and expected to grow at XX% Compound Annual Growth Rate (CAGR) over the 2018 to 2024
Market Outline: Global Medical Image Analysis Software Market
Medical image analysis software helps the practitioners and healthcare professionals to analyze and visualize the medical images. The medical image analysis software is a major tool of diagnostic machines and enables enhance the identifying features of image. Moreover, the software is used for the training, storing, sharing, and viewing of medical data. It helps to increase the efficiency of monitoring, diagnosis, and treatment of various diseases.
Market Dynamics: Global Medical Image Analysis Software Market
Technological advancements in medical imaging systems such as 3D/4D platforms and analytical software is a key factor drives the market over the forecast period. Moreover, increase in the usage of imaging equipment due to rise in prevalence of chronic diseases, grow in investments from the public and private sectors in medical imaging techniques, wide range of applications with computer-aided diagnosis, and increase in demand for early stage disease diagnosis are expected to propel the global medical image analysis software market over the forecast years. However, high cost of medical imaging equipment and lack of skilled professionals are expected to hamper the growth of global medical image analysis software market.
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Market Scope: Global Medical Image Analysis Software Market
Global medical image analysis software market is segmented based on software type, image type, modality, application, and end user
Based on software type, market is segmented into the following:
• Integrated
• Standalone
Based on image type, market is segmented into the following:
• 2D
• 3D
• 4D
Based on the modality, market is segmented into the following:
• Tomography
• Magnetic Resonance Imaging (MRI)
• Computed Tomography (CT)
• Positron Emission Tomography (PET)
• Others
• Ultrasound Imaging
• 2D Ultrasound Imaging
• 3D/4D Ultrasound Imaging
• Doppler Imaging
• Radiographic Imaging
• Others
Based on the application, market is segmented into the following:
• Neurology
• Cardiology
• Mammography
• Orthopedics
• Oncology
• Nephrology and Urology
• Dental Applications
• Others
Based on the end users, the market is segmented into the following:
• Hospitals
• Diagnostic Centers
• Research Institutes
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Regional Analysis: Global Medical Image Analysis Software Market
Geographically, global medical image analysis software market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America medical image analysis software market is poised to grow due to increase in the prevalence of chronic diseases such as cancers, huge number of imaging centers present in the U.S. and Canada, and rise in demand for early stage disease diagnosis are fuel the market. Europe medical image analysis software market is driving by high adoption of technologically advanced imaging equipment and software, rise in preference for non-radiation imaging techniques, and government support for the healthcare sector are spur the market. However, Asia pacific medical image analysis software market recording the fastest growth attributed to large number of patient pool in India and China, rise in medical tourism in Asia Pacific countries, and development in the healthcare infrastructure are surge the market over the forecast timeframe.
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Competition Assessment: Global Medical Image Analysis Software Market
Some of the players in the global medical image analysis software market include:
• GE Healthcare (US)
• Carestream Health, Inc. (US)
• Philips Healthcare (Netherlands)
• Toshiba Medical Systems Corporation (Japan)
• Esaote S.p.A (Italy)
• INFINITT Healthcare Co, Ltd. (South Korea)
• Siemens Healthineers (Germany)
• Merge Healthcare, Inc. (US)
• ScienceSoft USA Corporation (US)
• Image Analysis (UK)
Notable Market Developments: Global Medical Image Analysis Software Market
• In November 2017, GE Healthcare partnered with DIA Imaging Analysis Ltd. to adopt the company’s imaging analysis technology for ultrasound devices.
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