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Medical Imaging Workstations Market Analysis 2024 -2033: Forecasted Market Size, Top Segments, And Largest Region | General Electric Company, Koninklijke Philips NV, Siemens Medical Systems Inc., Fujifilm Healthcare Corporation
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2528The Business Research Company offers in-depth market insights through Medical Imaging Workstations Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The medical imaging workstations market size has grown strongly in recent years. It will grow from $4.96 billion in 2023 to $5.4 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to clinical diagnosis, medical training and education, picture archiving and communication systems (pacs), radiology department efficiency, precision medicine:.
The medical imaging workstations market size is expected to see strong growth in the next few years. It will grow to $7.84 billion in 2028 at a compound annual growth rate (CAGR) of 9.8%. The growth in the forecast period can be attributed to sustainable workstation solutions, patient-centric care, multi-modal imaging integration, telehealth services, global health preparedness. Major trends in the forecast period include artificial intelligence (ai)-enhanced automation, data security and privacy, interoperability and data exchange, integration with electronic health records (ehr), advancements in medical imaging.
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Market Segmentation:
The main modality of medical imaging workstations are magnetic resonance imaging, computed tomography, ultrasound, mammography and other modalities. The magnetic resonance imaging modality of medical imaging workstations are used to examine patients' brains, spinal cords, nerves, muscles, and ligaments through high-resolution images of the patient's body. Magnetic resonance imaging (MRI) is a non-invasive imaging tool that produces three-dimensional, intricate anatomical images. The medical imaging workstation component are visualization software, display units, display controller cards, and central processing units which are used at thick client workstations and thin client workstations that are applied in diagnostic imaging, clinical review and advanced imaging, used by hospitals, diagnostic centers, ambulatory centers and other end-users.
Major Driver - Rising Number Of Outpatient Fuels Growth In The Medical Imaging Workstations Market
The rising number of outpatients is expected to propel the growth of the medical imaging workstations market. Outpatients refer to patients who require medical care without staying in the hospital overnight. In recent years, outpatient visits have significantly increased while inpatient discharges have decreased, especially for imaging. Imaging services have been shifting from the inpatient setting to the outpatient one. Due to new payer demands and patient preferences, there has been a considerable impetus for these outpatient services as standalone facilities. For instance, in March 2023, according to Becker's Hospital Review, a US-based medical industry trade magazine, 95% of health leaders expect an increase in outpatient volumes in 2023, with 40% of them anticipating jumps of 10% or more. Therefore, the rising number of outpatients will drive the growth of the medical imaging workstation market.
Competitive Landscape:
Major companies operating in the medical imaging workstations market include General Electric Company, Koninklijke Philips NV, Siemens Medical Systems Inc., Fujifilm Healthcare Corporation, Canon Medical Systems Corporation, PaxeraHealth, Hologic Inc., Carestream Health India Pvt. Ltd., Carl Zeiss AG, Capsa Healthcare, Esaote SpA, Medicor Imaging, NGI Group, Chimaera GmbH, Hitachi Medical Systems, Toshiba Medical Systems Corporation, Samsung Medison Co. Ltd., Shimadzu Corporation, Agfa-Gevaert NV, Sectra AB, Merge Healthcare Inc., Intelerad Medical Systems Incorporated, McKesson Corporation, Agilent Technologies India Pvt. Ltd., Analogic Corporation, Barco NV, ContextVision AB, EDDA Technology Inc., Infinitt Healthcare Co. Ltd., Mirada Medical Limited
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Top Trend - Advancements In Medical Imaging Workstations
Technology advancements are the key trend gaining popularity in the medical imaging workstation market. Healthcare organizations are employing advanced medical imaging technologies to generate more detailed images and support these tools with analytic and visualization capabilities. Major companies operating in the medical imaging workstation market are focused on developing new technologies to strengthen their market position. For instance, in March 2022, Royal Philips, a Netherlands-based multinational conglomerate company operating in the medical imaging workstation, launched Ultrasound Workspace, an advanced vendor-neutral echocardiography image processing and reporting technology. The unique features of the ultrasound workspace enable vendor-neutral 2D/3D echocardiography viewing with its remote, browser-based accessibility. This new solution offers seamless diagnostic workflows, equivalent applications, and AI-powered automatic picture analysis and quantification tools that help boost productivity and diagnostic quality.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Medical Imaging Workstations Market Characteristics
3. Medical Imaging Workstations Market Trends And Strategies
4. Medical Imaging Workstations Market - Macro Economic Scenario
5. Medical Imaging Workstations Market Size And Growth
…..
27. Medical Imaging Workstations Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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