openPR Logo
Press release

Global Medical Image Analysis Software Market - Integrated Software to Enjoy Higher Demand than Standalone Software

10-10-2017 01:30 PM CET | Health & Medicine

Press release from: Transparency Market Research

Global Medical Image Analysis Software Market - Integrated

With the presence of a number of leading players, namely, GE Healthcare, Siemens Healthineers, Agfa-Gevaert N.V., Hologic Inc., and Pie Medical Imaging at the global level, the worldwide medical image analysis software market demonstrates a highly fragmented and competitive landscape, states a new study by Transparency Market Research (TMR). These players, collectively, could hold only 23.5% of the overall market in 2015.

Currently, participants are being actively involved in technological innovation in order to gain a competitive edge over their peers. However, a shift in their focus towards partnerships and collaborations can be observed over the forthcoming years.

For more information on this report, fill the form @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=5306

In 2015, the opportunity in the global market for medical image analysis software was worth US$2.35 bn, reports the report. Researchers expect this market to rise at a CAGR of 8.10% during the period from 2016 to 2024 and attain a value of US$4.66 bn by the end of the period of forecast. The demand for integrated software has been higher than the standalone one and is projected to remain so over the next few years, thanks to the growing awareness among consumers regarding the features of integrated software systems, such as storing the images for further analysis and interlinking the database, notes the study.

Continued Lead of North America Supported by Rising Prevalence of Cancer

Asia Pacific, Europe, Latin America, the Middle East and Africa, and North America have been considered as the prominent geographical segments of the worldwide market for medical image analysis software in this research study. Acceding to it, North America led the global market in 2015 with a share of nearly 34%. The rising incidence of cancer and cardiovascular diseases drove this regional market substantially in the past and are expected to continue doing so over the years to come, ensuring its continued dominance.

Europe and Asia Pacific also reported considerable growth in their market size over the last few years. Researchers expect these regional markets to experience a healthy growth rate over the forecast period. The Europe market for medical image analysis software is anticipated to gain from the economic developments in the region, which is likely to reflect positively on the healthcare facilities, prompting players to increase investments in research and development activities.

Asia Pacific, on the other hand, is expected to be propelled by the strengthening economy in countries, such as India and China, which is increasing the disposable income of consumers, enabling them to spend on expensive medical procedures, reports the study.

Obtain Report Details @ https://www.transparencymarketresearch.com/medical-image-analysis-software-market.html

Increasing Incidence of Cancer to Fuel Demand for Medical Image Analysis Software

“The increasing prevalence of cancer, cardiovascular disorders, and various other chronic diseases is the root cause behind the significant rise in the global market for medical image analysis software,” says a TMR researcher. With nearly 8.2 million deaths and 14 million new cases every year, as stated by the WHO, cancer has emerged as a serious concern among people across the world. The growing awareness about the benefits of early diagnosis of cancer in its treatment is boosting the demand for CT and MRI imaging devices across the world, which consequently, is boosting the worldwide market for medical image analysis software.

In addition, the advent of 4D imaging technique, which provides detailed information regarding the temporal and spatial evolution of 3D blood flow with full volumetric coverage of any of the cardiac regions, is anticipated to support the market to rise phenomenally over the forecast period. However, the high cost of the medical imaging procedures may limit the uptake of medical image analysis software, restricting the future growth of this market to some extent, states the report.

About TMR

TMR is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Contact TMR

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Medical Image Analysis Software Market - Integrated Software to Enjoy Higher Demand than Standalone Software here

News-ID: 765601 • Views: 174

More Releases from Transparency Market Research

Global Waste to Energy Market is Presumed to be Valued at US$ 32 Bn by 2026
Overview TMR’s report on the Waste-to-energy Technologies Market is an all-important tool for stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Waste-to-energy Technologies Market serves as a valuable guide for stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the Waste-to-energy Technologies Market over the forecast period.
FPSO Market is Likely to Reach a Value of US$ 66 Bn by 2026
Overview TMR’s report on the FPSO Vessels and Equipments Market is an all-important tool for stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the FPSO Vessels and Equipments Market serves as a valuable guide for stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the FPSO Vessels and
Recycled Plastic & Plastic Waste to Oil Market Demand and Growth Analysis with F …
Overview TMR’s report on the Recycled Plastics & Plastic Waste to Oil Market is an all-important tool for stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Recycled Plastics & Plastic Waste to Oil Market serves as a valuable guide for stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely
Chlorinated Paraffins Market – Size will Observe Lucrative Surge by the End202 …
Overview TMR’s report on the Chlorinated Paraffin Market is an all-important tool for stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Chlorinated Paraffin Market serves as a valuable guide for stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the Chlorinated Paraffin Market over the forecast period.

All 5 Releases


More Releases for TMR

TMR Research
Global 3D Animation Market: Snapshot The evolution and introduction of three-dimensional (3D) animation has given the world of animation a new perspective. The process of creating 3D moving images in a digital space through objects or models has given these illusions depth. One of the most fundamental differences between 2D animation and 3D animation is the technique used for creating the images and the way they look. The global 3D animation
TMR
Various strategies are leveraged by success-hungry players in the global hyperbaric oxygen therapy devices market. One of them is the thrust on research and development to come up with new or better products. Their focus is on building cost-effective medical devices that would see greater uptake. Strategic partnerships are also being undertaken by them to diversify product portfolios and gain greater share. Further, companies are shifting their gaze to developing
Monolithic Ceramics Market Analysis : TMR
Transparency Market Research has published a new market report titled “Monolithic Ceramics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.” According to the report, the global monolithic ceramics market was valued at US$ 19.43 Bn in 2014 and is anticipated to reach US$ 36.64 Bn by 2023, expanding at a CAGR of 7.3% between 2015 and 2023. Request to view Sample Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3158 Monolithic ceramics are
TMR - 3D Printing Materials Market by 2020
The global 3D printing materials market will exhibit a CAGR of 18.0% between 2014 and 2020. The market was valued at US$450 mn in 2013 and is expected to reach US$1.4 bn by the end of 2020, according to a research report released by Transparency Market Research. The report titled “3D Printing Materials - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020” is available for sale
Wax Market Analysis : TMR
A recent research report published by Transparency Market Research projects the global wax market to expand at a CAGR of 2.6% during the period between 2014 and 2020. The report, titled “Wax Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,” estimates the global wax market to be worth US$8.98 bn by 2020. The overall market stood at a valuation of US$8.21 bn in 2013
Sulfone Polymers Market Analysis : TMR
Global Sulfone Polymers Market: Snapshot Several grades/varieties of sulfone polymers have gained vast applicability across a number of industries in the past few years. The relatively higher level of resistance wear and corrosion provided by these materials as compared to metals have increased their usage in medical devices and implants. Owing to their high transparency resistance, low weight, and high performance, the demand for sulfone polymers is also rising in the