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CAGR +19.63% of Lung Cancer Screening Software Market Analysis with : CRA Health LLC, ProVation Medical, Inc., Nuance Communications, Inc., Siemens Healthcare GmbH
Lung Cancer Screening Software Market
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Global lung cancer screening software market is expected to register a healthy CAGR of 19.63% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the various clinical trial initiated for cancer treatment requiring frequent diagnosis and screening to test the effectiveness of the trial.
Market Drivers
Increasing prevalence of lung cancer cases globally is expected to boost the growth of the market
Increasing awareness regarding the benefits of early diagnosis and frequent screening acts as a market driver
Variety of government initiatives undertaken to implement screening programs for various diseases can also drive the market growth
Multiple benefits such as identification, tracking, enrollment, patient data integration, analytics, communication with physicians helps in better organization of workflow in healthcare facilities which can fuel the growth of this market
Market Restraints
Lack of awareness regarding the screening programs and its benefits in developing regions of the world is expected to hinder the growth of the market
Dearth of technically knowledgeable professionals for cancer diagnosis is expected to restrict the market growth
Lack of funding and other resources from various regions for cancer and associated disorders can also hamper the market growth
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Lung cancer screening software can be defined as the software offering, which is designed to automate the workflow of healthcare facilities by collecting all of the diagnostic results gathered from CT, X-Ray and MRI machines. This results in enhancement of the workflow operability in these facilities. The implementation of this software helps in better patient tracking, assessment of disease stage, next step of action, reporting and keeping a systemized data of patient information.
Leading Players:
PENRAD TECHNOLOGIES, INC.;
Eon;
Koninklijke Philips N.V.;
Kheiron Medical Technologies;
Volpara Solutions Limited;
Thynk Health;
CRA Health LLC;
ProVation Medical, Inc.;
Nuance Communications, Inc.;
Siemens Healthcare GmbH;
CureMetrix, Inc.;
MyCareWare Inc.;
MobileODT;
MRS Systems, Inc.;
Lungview and Vital Images
Key Developments in the Market:
In November 2018, Eon announced that they will provide 170 "EonDirect LCSR (Lung Cancer Screening Registry)" software licenses amounting upto USD 1 million to provide radiology centers, clinics and hospital facilities with enhanced screening service in comparison to the conventional manual tracking utilized. EonDirect registers and tracks patients for lung cancer screening through its cloud-based application system keeping a systematic track of the patient data
In November 2018, Lungview announced the launch of an upgraded lung cancer screening software with the availability of "LungView Luminary" on the new website. The upgraded tracking system helps physicians in keeping a record of patients, and following-up with them on their screening programs. The upgraded version provides optional node tracking, incidental findings tracking and dose information
Segmentation: Global Lung Cancer Screening Software Market
By Geography
North America
U.S.
Canada
Mexico
Europe
Germany
Italy
U.K.
France
Spain
Netherlands
Belgium
Switzerland
Turkey
Russia
Rest of Europe
Asia-Pacific
Japan
China
India
South Korea
Australia
Singapore
Malaysia
Thailand
Indonesia
Philippines
Rest of Asia-Pacific
South America
Brazil
Rest of South America
Middle East and Africa
South Africa
Rest of Middle East and Africa
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