Medical Image Analysis Software Market Will Reach USD 6,388.9 Million by 2030 | P&S Intelligence

The medical image analysis software market has garnered USD 3,112.7 million in 2021, and it is projected to rise at the rate of 8.3% from 2021 to 2030, to capture USD 6,388.9 million by 2030, as per the report by market research company, P&S Intelligence.

This development can be credited to the increasing populace and growing occurrence of chronic diseases and the wide application extent of computer-assisted diagnosis. Basically, the growth in the demand for diagnostic imaging in fields including oncology, cardiology urology, orthopedics, and neurology is projected to drive the growth of the market.

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The medical image analysis software industry development is projected to be credited to the growing occurrence of chronic diseases, such as breast cancer, CVDs, and arthritis.

As per the American Heart Association, around 0.12 billion grownups in the U.S. had some cardiovascular illness in 2018, and 121.5 million adults are suffering from hypertension. This replicates a surge in the requirement for echocardiograms for the analysis of several heart conditions, such as the state of the blood vessels. Therefore, the increasing frequency of CVDs is projected to be one of the main boosting factors for the growth of the market.

In 2021, the hospital's category dominated the medical image analysis software market with approximately 60% market share, mainly because they have the helpful infrastructure that is vital for the execution of surgical interventions utilizing medical imaging software.

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Furthermore, the number of installed diagnostic imaging systems is advanced in hospitals as compared to diagnostic centers and research establishments. Furthermore, patient inflow is also comparatively much greater at hospitals, which makes these operators' requirement for cutting-edge imaging analysis software the utmost.

Because of the huge number of healthcare and diagnostic centers and the fact that North America is the front-runner in healthcare research and development, it has the highest revenue share worldwide. Moreover, the existence of key market players, who are continually updating their item offerings for better diagnosis and image-guided operations, is expected to support the regional market in maintaining its worldwide lead in the forecast period.

In 2021, integrated software led the industry with a market share of above 70%. The larger share is credited to the comfort of integrated imaging analysis software provide in medical analysis. With integrated imaging software, medical centers can relish a well-organized, easy, and comprehensible workflow. All the sections of the hospital are linked, and they can simply control the radiological process and analyze the images.

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Hence, the increasing populace and growing occurrence of chronic diseases and the wide application extent of computer-assisted diagnosis, are the major factors contributing to the growth of the medical image analysis software industry.

Medical Image Analysis Software Market Size Breakdown by Segment

By Software Type
• Integrated
• Standalone
By Image Type
• 2D
• 3D
• 4D
By Modality
• Computed Tomography
• Magnetic Resonance Imaging
• Positron Emission Tomography
• Single-Photon Emission Tomography
• Ultrasound
• Radiography
• Mammogram
• Others
By End User
• Hospitals
• Diagnostic Imaging Centers
• Others
By Application
• Cardiology
• Orthopedics
• Oncology
• Neurology
• Obstetrics & Gynecology
• Dentistry
• Pulmonology
• Urology & Nephrology
• Others
Regional Analysis
• North America Medical Image Analysis Software Market
o By software type
o By image type
o By modality
o By end user
o By application
o By country - U.S. and Canada
• Europe Medical Image Analysis Software Market
o By software type
o By image type
o By modality
o By end user
o By application
o By country - Germany, U.K., France, Italy, Spain, and Rest of Europe
• Asia-Pacific (APAC) Medical Image Analysis Software Market
o By software type
o By image type
o By modality
o By end user
o By application
o By country - Japan, China, India, South Korea, Australia, and Rest of APAC
• Latin America (LATAM) Medical Image Analysis Software Market
o By software type
o By image type
o By modality
o By end user
o By application
o By country - Brazil, Mexico, and Rest of LATAM
• Middle East and Africa (MEA) Medical Image Analysis Software Market
o By software type
o By image type
o By modality
o By end user
o By application
o By country - Saudi Arabia, South Africa, U.A.E., and Rest of MEA

Contact:
Chandra Mohan
AVP - Business Development
Phone: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
Blog: https://healthcarefuturetrends.blogspot.com

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P&S Intelligence offers custom and syndicated market research and consulting services to clients across the globe. Our team of young and dynamic researchers, guided by mentors with years of experience, create data-rich reports tailored to the needs of MNCs as well as startups and SMEs. We remain in a perennial quest to offer exhaustive insights into every aspect of the market, allowing businesses of all sizes to seize even the smallest of opportunities and tackle even the biggest of challenges.

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