Medical Imaging Displays And Post Processing Software Market Size, Analysis And Forecast 2024-2033

The Business Research Company recently released a comprehensive report on the Global Medical Imaging Displays And Post Processing Software Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

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According to The Business Research Company's, The medical imaging displays and post processing software market size has grown rapidly in recent years. It will grow from $5.05 billion in 2023 to $5.81 billion in 2024 at a compound annual growth rate (CAGR) of 14.9%. The growth in the historic period can be attributed to growing incidence of chronic diseases, rise in diagnostic imaging procedures, increased focus on patient-centric care, need for precision medicine, increasing aging population, digitalization of healthcare.

The medical imaging displays and post processing software market size is expected to see rapid growth in the next few years. It will grow to $10.05 billion in 2028 at a compound annual growth rate (CAGR) of 14.7%. The growth in the forecast period can be attributed to focus on diagnostic accuracy, enhanced user interfaces and workflow efficiency, global health emergencies, personalized medicine approaches, interoperability with health information systems. Major trends in the forecast period include advancements in display technology, transition to high-resolution 3d imaging, integration of artificial intelligence, mobile medical imaging displays, remote viewing and teleradiology, color calibration and consistency, cross-platform compatibility.

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Market Drivers and Trends:

Rising demand for healthcare services is expected to propel the growth of the medical imaging displays and post-processing software market. Healthcare services encompass all inpatient and outpatient services given by healthcare professionals and allied health disciplines. The demand for more advanced and accurate medical imaging displays and post-processing software grows as healthcare services expand and improve. For instance, according to the State of Healthcare Industry in the US - Statistics for 2022, the healthcare industry in the United States is the largest employer in the country, accounting for over 26% of GDP by the end of 2022. Therefore, the rising demand for healthcare services is driving the growth of the medical imaging displays and post-processing software market.

Technology innovations are the key trend gaining popularity in the medical imaging displays and post-processing software market. Major companies operating in the market are developing software using innovative technologies such as artificial intelligence (AI), augmented reality (AR) and virtual reality (VR), three-dimensional printing, cinematic rendering and digital twin technology and others to sustain their position in the market and provide advanced solutions. Artificial intelligence (AI) is a revolutionary technology that analyses complex data using computerised algorithms. Diagnostic imaging is one of the most exciting uses of AI in medicine. With the potential to improve tissue-based detection and characterisation, AI has demonstrated outstanding accuracy and sensitivity in identifying imaging abnormalities. For instance, in November 2021, Philips, a Netherlands-based health technology company, launched a new AI-enabled innovation in MR imaging. The new intelligent integrated MR portfolio from Philips is made to maximise diagnostic quality, accelerate workflows, and assure the effectiveness and sustainability of radiology operations. Such advancement by healthcare companies will lead to more efficient use of medical imaging displays and post-processing software.

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Major Key Players of the Market:

Carestream Health, Esaote SpA, General Electric Company, Softneta, mediCAD Hectec GmbH, Siemens Medical Solutions USA Inc., Hitachi Ltd., Koninklijke Philips NV, Shimadzu Corporation, 3dMD, Alma Medical Imaging, Barco NV, EDDA Technology Inc., Hologic Inc., MEDIAN Technologies, Nemotec Medical Imaging Inc., Owandy Radiology, Emedica Health Inc., Medecom Medical Systems Inc., Vieworks Co. Ltd., Planmed Oy, Accuray Incorporated, Agfa Healthcare NV, Canon Medical Systems Corporation, Fujifilm Holdings Corporation, Merge Healthcare Inc., Sectra AB, Toshiba Medical Systems Corporation, Vital Images Inc., NEC Corporation

Medical Imaging Displays And Post Processing Software Market 2024 Key Insights:

• The medical imaging displays and post processing software market size is expected to see rapid growth in the next few years. It will grow to $10.05 billion in 2028 at a compound annual growth rate (CAGR) of 14.7%.
• Digital Transformation In Medical Imaging
• Innovative Technologies Transforming The Medical Imaging Displays And Post-Processing Software Market
• North America was the largest region in the medical imaging displays and post processing software market in 2023

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