Press release
Advanced Visualization Market- A comprehensive assessment of current dynamics and emerging avenues
Advanced Visualization Market is projected to grow at a CAGR of 7.9% during the forecasting period 2021-2027. Data visualization tools and software are critical in the Big Data world for analyzing large quantities of data and making data-driven decisions. There are also Advanced visualization systems are medical devices with advanced software that effectively displays the various aspects of a living cell. These systems shorten the time it takes physicians to record a patient's test result. In pathological laboratories, these devices are commonly used for a variety of clinical applications.The graphical representation of information and data is known as data visualization. Data visualization tools make it easy to see and understand trends, outliers, and patterns in data by using visual elements including charts, graphs, and maps.
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Key Driving Factors: AV technological advancements, such as the convergence of PACs and AV tools
In the AV industry, product innovation is primarily based on the production of more cost-effective, technologically advanced, and user-friendly software than is currently available. Advanced audio-visual solutions make it easier to work with 2D, 3D, and 4D images created by various imaging modalities. These systems offer clinicians powerful and advanced connectivity capabilities, as well as cloud data handling (such as storage, post-processing, computing, and remote access) and easy-to-use/automated workflow solutions. The introduction of new AV software and technical advances are becoming increasingly important to key AV vendors. Factors such as the growing prevalence of chronic diseases, the ageing population, the need for effective and early diagnosis, and increased understanding of the benefits provided by advanced visualization software in disease diagnosis are also factors to consider.
This report offers the major market player’s profiles, such as General Electric Company (US), Siemens AG (Germany), Koninklijke Philips N.V. (Netherlands), Toshiba Corporation (Japan), and Terarecon, Inc. (US). Other players include Fujifilm Holdings Ltd. (Japan), Agfa HealthCare NV (Belgium), Carestream Health, Inc. (US), Qi Imaging (US), and Visage Imaging, Inc. (US).
Opportunities: Advances in advanced visualization technology and software techniques can lead to improved data analysis.
An image archiving and communication system (PACS) is a medical imaging application that helps healthcare providers to exchange diagnostic findings across networks. To provide quality patient care, it is gradually being combined with other healthcare enterprise structures. The majority of PACS vendors will incorporate AV technologies into their systems in the future to provide advanced post-processing solutions for specialized applications. Via a collaboration between a PACS vendor and an AVIS vendor, AV functionality is integrated or incorporated into PACS. Healthcare companies will be able to offer cost-effective solutions and boost process performance as a result of the integration. It will also allow radiology departments to get the most out of their PACS workstation investments by preventing delays like relaunching or losing data as images are transferred between devices. As a result, the introduction of AV technology into PACS is expected to improve AV device demand in the coming years.
By Type:
The market is divided into two categories of solutions: stand-alone workstation-based solutions and enterprise-wide thin client-based solutions. The demand for enterprise-wide client-based and standalone workstation-based solutions is projected to be the most lucrative. This segment's large share can be attributed to features such as improved data storage capacity, data transfer capabilities, multi-user interface, simplified analysis, and centralized post-processing solutions.
The Advanced Visualization System Market report has been categorized as below
By Type of Solution
• Enterprise-Wide Thin Client-Based Solutions
• Standalone Workstation-Based Solutions
By Application
• Magnetic Resonance Imaging (MRI)
• Computed Tomography (CT)
• Positron Emission Tomography (PET)
• Ultrasound
• Radiotherapy (RT)
• Nuclear Medicine
• Other Imaging Modalities
By Clinical Application
• Radiology/Interventional Radiology
• Cardiology
• Orthopedics
• Oncology
• Vascular
• Neurology
• Other Clinical Applications
By End User
• Hospitals, and Surgical Centers
• Imaging Centers
• Academic and Research Centers
• Other End Users
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