Medical Image Management Market Expansion Continues, with Forecast Valuation of $7.37 Billion by 2029

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Medical Image Management Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The domain of medical image management has experienced robust expansion lately, projected to increase its valuation from $4.99 billion across 2024 to $5.37 billion in 2025, reflecting a sustained compound annual growth rate of 7.6%. This upward trajectory observed throughout the past period stems from several key factors, namely the burgeoning prevalence of long-term health conditions, a growing count of healthcare facilities, and the wider integration of specialized image management solutions.

Medical Image Management Market Size Forecast: What's the Projected Valuation by 2029?
Anticipation is for the medical image management market to experience robust expansion in the forthcoming period, projecting an increase to $7.37 billion by 2029, propelled by a compound annual growth rate (CAGR) of 8.3%; this upward trajectory throughout the forecast timeframe is fueled by the heightened deployment of imaging hardware, the broader integration of image management platforms, the escalating application of imaging science, and the rise in imaging demands associated with an aging population, while prevailing trends underpinning this growth feature the incorporation of artificial intelligence technologies, expanding avenues for acquiring diverse expertise, the proliferation of comprehensive image management offerings, continuous innovation within diagnostic imaging techniques, and the further embedding of image management solutions.

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What Are the Drivers Transforming the Medical Image Management Market?
Anticipated surges in the incidence of long-term health conditions, defined as ailments persisting typically for a minimum of three months, are projected to fuel the expansion of the medical image management sector moving ahead. The consistent use of medical imaging procedures is crucial for clinicians to track how chronic diseases evolve by allowing for serial comparisons of scans to assess treatment efficacy, implement necessary modifications, and spot any new complications or shifts in a patient's state. Illustratively, data from the American College of Cardiology, an American non-profit medical organization, indicated in August 2022 that all four major factors contributing to cardiovascular risk are likely to increase in the United States across the period spanning 2025 through 2060. Diabetes is forecast to show the most substantial proportional growth, climbing by 39.3 percent to encompass 55 million people; this is trailed by dyslipidemia, which is anticipated to grow by 27.6 percent, reaching 126 million cases, alongside hypertension increasing by 25.1 percent to hit 162 million, and obesity seeing an 18.3 percent rise to 126 million individuals. Furthermore, investigators observed notable upward trends expected for various cardiovascular disease rates, specifically a 33.8 percent escalation in stroke cases, totaling 15 million, and a 33.4 percent increase in heart failure instances, amounting to 13 million; consequently, this growing ubiquity of persistent health issues serves as a major impetus for the growth trajectory of the medical image management market.

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What Long-Term Trends Will Define the Future of the Medical Image Management Market?
Leading firms within the medical image management sector are focused on crafting sophisticated technological offerings, exemplified by imaging electronic medical record (EMR) software, aiming to enhance customer service through superior functionalities and secure a stronger market position. This imaging EMR software constitutes a dedicated digital system engineered for the smooth incorporation of medical imaging assets directly within established electronic medical records or electronic health records systems. To illustrate, during December 2022, RamSoft Inc., a Canadian supplier of healthcare IT Software as a Service, introduced OmegaAI, a cloud-based, serverless platform for imaging EMRs that unifies several critical elements, including VNA, Enterprise Imaging capabilities, PACS, RIS functionalities, streamlined mechanisms for routing and storing image exchanges, a zero-footprint viewer, among others. Its core purpose is to assure a lasting return on investment by effortlessly bridging the gap between clinicians and individuals via a consolidated environment, thereby avoiding treatment delays, facilitating secure information exchange based on authorization, promoting patient self-management, and automating the complete patient lifecycle from initial referral through to the final study outcomes.

Which Segments in the Medical Image Management Market Offer the Most Profit Potential?
The medical image managementmarket covered in this report is segmented -

1) By Product: Vendor Neutral Archives (VNA); Picture Archiving And Communication Systems (PACS); Application-Independent Clinical Archives (AICA)
2) By Delivery: On Premise; Hybrid; Cloud
3) By Application: Standard Radiography; Advanced Body Imaging; Cardiovascular Imaging; Neuroradiology; Musculoskeletal Imaging And Pain Management; Oncology Imaging; Other Applications
4) By End User: Hospitals; Clinics; Diagnostic Centers; Ambulatory Surgery Centers

Subsegments:
1) By Vendor Neutral Archives (VNA): Data Integration Solutions; Storage And Retrieval Systems; Image Lifecycle Management
2) By Picture Archiving And Communication Systems (PACS): Diagnostic Imaging Solutions; Workflow Management Tools; Image Sharing And Collaboration Features
3) By Application-Independent Clinical Archives (AICA): Multi-Modal Image Storage; Long-Term Data Preservation; Clinical Data Management Tools

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Which Firms Dominate the Medical Image Management Market by Market Share and Revenue in 2025?
Major companies operating in the medical image management market are McKesson Corporation, International Business Machines Corporation, NTT DATA Corporation, Fujifilm Holdings Corporation, Siemens Healthineers, Koninklijke Philips N.V., GE Healthcare, Hologic Inc., Agfa-Gevaert Group, Carestream Health Inc., Change Healthcare, Hyland Software Inc., Intelerad Medical Systems Incorporated, Sectra AB, Merge Healthcare Inc., Infinitt Healthcare Co. Ltd., TeraRecon Inc., Novarad Corporation, Subtle Medical Inc., Mach7 Technologies Ltd., BridgeHead Software Ltd., Zebra Medical Vision Inc., Ambra Health, Vital Images Inc

Which Regions Offer the Highest Growth Potential in the Medical Image Management Market?
North America was the largest region in the medical image management market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the medical image management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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