Press release
Advanced Visualization Market by Type of Solution, Imaging Type, Application and Regional Analysis 2023
According to the study, the global advanced visualization market is likely to grow from $1.8 billion in 2016 to $3.8 billion by 2023. Technological advancements, increasing demand for efficient and early diagnosis of diseases, and increasing prevalence of chronic diseases have been driving the growth of the global advanced visualization market. The market is further expected to gain revenue due to increasing geriatric population and incorporation of advanced visualization solutions in mobile devices. Integration of picture archiving and communication system (PACS) and advanced visualization solutions along with the rising demand from developing nations would create ample opportunities for the global advanced visualization vendors.
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There have been many technological innovations and advancements taking place in the global advanced visualization market. The integration of PACS and advanced visualization solutions significantly drives the global market. Moreover, the technological advancements in medical imaging significantly revolutionized existing clinical practices. The continuous research and development for the development of technologically advanced diagnostic imaging systems is supporting the growth of the global advanced visualization market.
Magnetic resonance imaging advancements have led to the improved image quality, improved throughput and faster exam time. The technological advancements have led to the development and installation of hybrid magnetic resonance imaging advanced visualization, which overcomes the limitations of conventional imaging modalities. Similarly, the advances in the 3D and 4D ultrasound technology has also offered capabilities ranging from better visualization of congenital birth defects to dynamic and multi-planar view of the fetal heart. 4D ultrasound technology allows live motion viewing of baby’s organs and heartbeat. This increases the compliance for advanced visualization solutions globally.
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Key companies in the advanced visualization market are collaborating to offer better advanced visualization solutions. In November 2016, TeraRecon, released an advanced integration between iNtuition with Agfa HealthCare’s Enterprise Imaging 8.1. The combined solution provides single user interface for accessing 2D and advanced 3D applications, bi-directional communication between Agfa and TeraRecon viewers, and multi-series data loading for 3D analysis.
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Some of the other key players in the market include General Electric Company, Canon, Inc., Siemens AG, Koninklijke Philips N.V, Fujifilm Holdings Corporation, Carestream Health, Agfa-Gevaert N.V., and Ziosoft.
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