Advanced Visualization Solution System for Neurology Market to Perceive Substantial Growth During 2026
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The advanced visualization solution system for neurology market is driven by increase in cases of neurological across the world, treatment and diagnosis rate of the neurological abnormalities, rise in demand for digitizing patient data, and improving health care infrastructure. However, high equipment cost and lack of trained personnel will likely to restrain the advanced visualization solution system for neurology market during the forecast period. Merger and acquisition activities, and R&D investments will provide advanced visualization system for neurology market the opportunities to grow during the forecast period.
In terms of modality, the global advanced visualization solution system for neurology market can be segmented into computed tomography, magnetic resonance imaging, positron emission tomography/computed tomography and single photon emission computed tomography, CT angiography, magnetic resonance angiography, and others. Based on indication, the market can be classified into Alzheimer’s, dementia, stroke, traumatic brain injury, multiple sclerosis, tumor, and others. In terms of component, the global advanced visualization solution system for neurology market can be categorized into software, hardware, and services. The software segment can be bifurcated into web-based and cloud-based. Based on type, the global market can be divided into standalone workstations and enterprise-based. In terms of end-user, the global advanced visualization solution system for neurology market can be classified into hospitals, specialty neurology clinks, and others.
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Geographically, the global advanced visualization solution system for neurology market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The advanced visualization system for neurology market witnessed significant market share in North America in 2017 and is expected to grow by a significant growth rate during the forecast period due to increase in geriatric population, rise in cases of various neurological abnormalities, high diagnosis rate of neurological diseases, well-established health care infrastructure, and presence of market leaders and availabilities of products. Europe held the second largest market share in 2017, due to high diagnosis rate of neurological diseases, rise in preference for minimally invasive procedures offering less pain and faster recovery, and presence of major players. Asia Pacific accounted for the third largest market share in 2017. The market in the region is expected to expand at the highest CAGR during the forecast period, owing to rise in number of hospitals and increase in awareness about diagnostic procedures for neurological disease conditions. High equipment cost, low medical awareness, low diagnosis rate of neurological diseases, and weak health care infrastructure are likely to restrain the advanced visualization solution system for neurology market in Latin America and Middle East & Africa during the forecast period.
Key players in the global advanced visualization solution system for neurology market are GE Healthcare, Ziosoft, Terarecon, Inc., Phillips Healthcare, Vital Images, Inc., Invivo Corporation, and Siemens Healthneers, among others.
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