Medical Image Analysis Software Market Research By Type, Images, Modality, Application, End User, Forecast Analysis and Prominent Players - AGFA Healthcare, AQUILAB, Carestream Health, Inc. Esaote S.p.A, GE Healthcare

Medical Image Analysis Software Market research document identifies, assesses, and analyses the up-and-coming trends along with major drivers, restraints, challenges, and opportunities in the market for the Healthcare industry. The report contains estimations of CAGR values, market drivers, and market restraints about the Healthcare industry which are helpful for businesses in deciding upon numerous strategies. The market type, organization size, availability on-premises, end-users organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa are kept into view while formulating this global Medical Image Analysis Software Market analysis report.

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List of Companies Profiled in the report

AGFA Healthcare
AQUILAB
Carestream Health, Inc.
Esaote S.p.A
GE Healthcare
Image Analysis
INFINITT Healthcare Co, Ltd.
Merge Healthcare, Inc.
MIM Software Inc.
Mirada Medical Limited
Philips Healthcare
Science Soft USA Corporation
Siemens AG
Toshiba Medical Systems Corporation
Xinapse Systems Ltd.

Research Coverage:

The report provides an overview of the medical image analysis software market. It aims at estimating the market size and future growth potential of this market across different segments such as type, image type, modality, application, end user, and region. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, recent developments, and key market strategies.

Key Benefits of Buying the Report:

The report will help the market leaders/new entrants in this market by providing them with the closest approximations of the revenue numbers for the overall medical image analysis software market and its subsegments. This report will help stakeholders to understand the competitor landscape better and gain insights to position their businesses better and make suitable go-to-market strategies. The report will also help stakeholders understand the pulse of the market and provide them with information regarding key market drivers, restraints, challenges, and opportunities.

The medical image analysis software market is expected to reach USD 3.88 billion by 2022 from USD 2.61 billion in 2017, at a CAGR of 8.2% during the forecast period. Technological advancements in medical imaging systems and analysis software, growing public- and private-sector investments in the medical imaging market, increasing use of imaging equipment due to rising prevalence of chronic diseases, fusion of imaging technologies, and growing applications of computer-aided diagnosis are driving the growth of the medical image analysis software market. On the other hand, budgetary constraints may hinder the growth of the market in the coming years.

“The standalone software segment is expected to witness the highest growth during the forecast period.”

Based on type, the medical image analysis software market is segmented into integrated and standalone software. The standalone software segment is expected to register the highest CAGR during the forecast period. The high growth of this market segment is attributed to the high flexibility and easy-to-use tools to inspect, evaluate, and process imaging data.

“2D imaging to dominate the medical image analysis software market in 2017.”

Based on image type, the medical image analysis software market is segmented into 2D, 3D, and 4D image types. The 2D imaging segment is expected to dominate this market with the largest share in2017. The large share of this segment can be attributed to its low costs, fast image acquisition capabilities, and reliability.

“North America to dominate the market and Asia to witness the highest growth during the forecast period.”

In 2017, North America is expected to account for the largest share of the medical image analysis software market. Factors such as the growing geriatric population, high incidence/prevalence of various diseases, the large number of imaging centers in this region, ongoing research, fast adoption of technologically advanced imaging systems, and increasing awareness about the benefits of early disease diagnosis are supporting the growth of the medical image analysis software market in the region. In addition, Asia is expected to register the highest CAGR during the forecast period. The growth in this region is mainly attributed to the rising government initiatives for the modernization of healthcare infrastructure and focus on research activities in this field.

The primary interviews conducted for this report can be categorized as follows:

By Company Type: Tier 1 – 44%; Tier 2 - 36%; Tier 3 - 20%.
By Designation (Supply Side): C-level- 22%; D-level- 28%; Others*- 50%.
By Designation (Demand Side): Doctors/Physicians/Radiologists- 67%; Researchers - 20%; Others**- 13%.
By Region: North America–48%; Europe-21%; Asia-26%; RoW-5%.
*Note: In the supply side, others include sales managers, marketing managers, and product managers, while, on the demand side, others include laboratory technicians, hospital purchase managers, and consultants

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Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.2 Key Industry Insights
2.3 Market Size Estimation
2.4 Market Breakdown and Data Triangulation
2.5 Assumptions for the Study

3 Executive Summary

4 Premium Insights
4.1 Overview of the Medical Image Analysis Software Market
4.2 Global Market, By Image Type
4.3 Tomographic Image Analysis Software Market, By Type
4.4 Global Market, By Application
4.5 Global Market, By End User
4.6 Geographic Snapshot of the Global Market

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Technological Advancements in Medical Imaging Systems and Analysis Software
5.2.1.2 Growing Public- and Private-Sector Investments in the Medical Imaging Market
5.2.1.3 Increasing Usage of Imaging Equipment Due to Rising Prevalence of Chronic Diseases
5.2.1.4 Fusion of Imaging Technologies
5.2.1.5 Growing Applications of Computer-Aided Diagnosis
5.2.2 Restraints
5.2.2.1 Budgetary Constraints
5.2.3 Opportunities
5.2.3.1 Artificial Intelligence in Medical Image Analysis Software
5.2.3.2 Cloud-Based Image Analysis Solutions
5.2.3.3 Untapped Emerging Markets
5.2.4 Challenges
5.2.4.1 Market Penetration of Standalone Software Vendors
5.2.4.2 Hacking-Related Risks Associated With the Use of Imaging Equipment and Software
5.2.4.3 Dearth of Skilled Professionals

6 Medical Image Analysis Software Market, By Type
6.1 Introduction
6.2 Integrated Software
6.3 Standalone Software

7 Medical Image Analysis Software Market, By Image Type
7.1 Introduction
7.2 2D Imaging
7.3 3D Imaging
7.4 4D Imaging

8 Medical Image Analysis Software Market, By Modality
8.1 Introduction
8.2 Tomography
8.2.1 Computed Tomography (CT)
8.2.1.1 High-End Slice CT
8.2.1.2 Mid-End Slice CT
8.2.1.3 Low-End Slice CT
8.2.2 Magnetic Resonance Imaging (MRI)
8.2.2.1 Closed MRI Systems
8.2.2.2 Open MRI Systems
8.2.3 Positron Emission Tomography (PET)
8.2.4 Single-Photon Emission Computed Tomography (SPECT)
8.3 Ultrasound Imaging
8.3.1 2D Ultrasound Systems
8.3.2 3D and 4D Ultrasound Systems
8.3.3 Doppler Imaging
8.4 Radiographic Imaging
8.5 Combined Modalities
8.5.1 PET/CT
8.5.2 SPECT/CT
8.5.3 PET/MR

9 Medical Image Analysis Software Market, By Application
9.1 Introduction
9.2 Cardiology Applications
9.3 Orthopedics
9.4 Oncology Applications
9.5 Neurology
9.6 Obstetrics and Gynecology
9.7 Mammography Applications
9.8 Dental Applications
9.9 Respiratory Applications
9.10 Urology and Nephrology

10 Medical Image Analysis Software Market, By End User
10.1 Introduction
10.2 Hospitals
10.3 Diagnostic Centers
10.4 Research Centers

11 Medical Image Analysis Software Market, By Region
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.3 Europe
11.3.1 Germany
11.3.2 France
11.3.3 UK
11.3.4 Rest of Europe (RoE)
11.4 Asia
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Rest of Asia (RoA)
11.5 Rest of the World

12 Competitive Landscape
12.1 Introduction
12.2 Market Ranking Analysis
12.3 Competitive Leadership Mapping
12.3.1 Visionary Leaders
12.3.2 Innovators
12.3.3 Dynamic Differentiators
12.3.4 Emerging Companies
12.4 Competitive Benchmarking
12.4.1 Strength of Product Portfolio (25 Players)
12.4.2 Business Strategy Excellence (25 Players)

*Top 25 companies analysed for this study are -AGFA Healthcare (Belgium), AnalyzeDirect, Inc. (U.S.), Aquilab (France), Bruker Corporation (US), Carestream Health, Inc. (US), Dentsply Sirona (US), eMedica (Spain), Esaote S.p.A (Italy), GE Healthcare (US), Image Analysis (UK), Imaging Biometrics, LLC. (US), INFINITT Healthcare Co, Ltd. (South Korea), Medis medical imaging systems bv (The Netherlands), Merge Healthcare, Inc. (US), MeVis Medical Solutions AG (Germany), MIM Software Inc. (US), Mirada Medical Limited (UK), Neusoft Corporation (China), Philips Healthcare (Netherlands), Planmeca Oy (Finland), ScienceSoft USA Corporation (US), Siemens AG (Germany), Soredex (Finland), Toshiba Medical Systems Corporation (Toshiba Corporation) (Japan), Xinapse Systems Ltd (UK)

13 Company Profiles
(Overview, Strength of Product Portfolio Business Strategy Excellence Products Offering, Recent Development’s, Business Strategy)*
13.1 General Electric Company (GE)
13.2 Philips Healthcare (A Subsidiary of Koninklijke Philips N.V.)
13.3 Siemens Healthineers (A Division of Siemens AG)
13.4 Toshiba Medical Systems Corporation (A Subsidiary of Canon Inc.)
13.5 Carestream Health, Inc. (A Subsidiary of Onex Corporation)
13.6 AGFA Healthcare (AGFA-Gevaert Group)
13.7 Aquilab
13.8 Esaote S.P.A
13.9 Merge Healthcare Incorporated (Acquired By IBM Corporation)
13.10 Mim Software, Inc.
13.11 Image Analysis
13.12 Sciencesoft USA Corporation
13.13 Mirada Medical Limited
13.14 Xinapse Systems Ltd
13.15 INFINITT Healthcare Co, Ltd.

*Details on Overview, Strength of Product Portfolio Business Strategy Excellence Products Offering, Recent Development’s, Business Strategy Might Not Be Captured in Case of Unlisted Companies.

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