Global Medical Image Management Market Analysis, Size, Share, Development, Growth and Demand Forecast to 2022

The global medical image management market is witnessing considerable growth due to technological advancements in diagnostic imaging modalities and image management solutions, increasing usage of imaging equipment, and increasing adoption of Vendor Neutral Archive (VNA). Moreover, increasing investment in the medical imaging, increasing adoption of imaging management system by small imaging centers and hospitals, and rapidly growing big data in healthcare are supporting the demand for medical image management systems. The increasing government initiatives to encourage electronic medical record adoption is further expected to boost the market. Based on product type, picture archiving and communication system (PACS) segment leads the global market in terms of size, due to technological advancements in PACS, increasing volume of imaging procedure and adoption of the PACS in new imaging segments such as mammography, endoscopy, oncology and ophthalmology. Hospitals have been the largest user of medical image management systems, owing to growing awareness about early diagnosis of diseases, increasing digitalization of patient’s data, rapid growth in adoption of EMR, and technological advancement in imaging modalities.

Explore Report at: www.psmarketresearch.com/market-analysis/medical-image-management-market

Rapidly increasing big data in healthcare and rapid growth in geriatric imaging volumes are also fueling the growth of the global medical image management market. Geriatric population has weakened body functions, and are more susceptible to chronic diseases. As per the United Nations Department of Economic and Social Affairs (UN-DESA) report on the global aging population, the population of people aged 60 years or above is growing with high rate. The global percentage of people aged 60 or above in 2013 was 11.7% and it is expected to reach 21.1% by the end of 2050. Further, the number of people aged 60 years and above is expected to reach approximately 437 million in China, 324 million in India, 107 million in the U.S. and 58 million in Brazil by 2050.

The integration of PACS/VNA with electronic medical record, and increasing demand of cloud based solutions are expected to create opportunities for the players in the market. The immense unexplored market in developing economies are creating abundant opportunities for the medical image management market to grow at a significant rate in the coming years. However, longer product lifecycle of VNAs, budgetary constraints, and usability and user interface challenges are the key factors hampering the growth of the global market.

Request for Table of Content at: www.psmarketresearch.com/market-analysis/medical-image-management-market/toc-sample

Geographically, North America has been the largest market for medical image management, owing to increasing geriatric population, and increasing prevalence of various diseases such as cancer and cardiovascular disease in the region. The U.S. contributed largest revenue to the North American as well as global medical image management market. The increasing adoption of technologically advanced imaging systems, and increasing awareness of the benefits of early diagnosis of diseases are the key growth driving factor for the U.S. medical image management market. Globally, the medical image management market is expected to witness the fastest growth in Asia-Pacific during the forecast period. The highest growth in the region is attributed to the increasing geriatric population, large pool of patients, and increasing prevalence of various diseases in the regio

Browse Other Related Report at: www.psmarketresearch.com/industry-report/healthcare-it

The key players operating in the global medical image management market are McKesson Corporation, General Electric Company, Fujifilm Holdings Corporation, Siemens AG, IBM Corporation, Koninklijke Philips N.V. and AGFA-Gevaert Group.

About P&S Market Research
P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.
As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.
Contact:
Abhishek
Executive – Client Partner
347, 5th Ave. #1402
New York City, NY - 10016
Toll-free: +1-888-778-7886 (USA/Canada)
Email: enquiry@psmarketresearch.com
Web: www.psmarketresearch.com

347, 5th Ave. #1402
New York City, NY - 10016

This release was published on openPR.