openPR Logo
Press release

Medical Image Analysis Software Market: Continued Lead of North America Supported by Rising Prevalence of Cancer

10-26-2017 01:07 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Medical Image Analysis Software Market: Continued Lead of North

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.

Sample With Latest Advancements @ 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.

Browse Our Press Releases For More Information @ https://www.transparencymarketresearch.com/pressrelease/medical-image-analysis-software-market.htm

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.

Browse Our Table of Content @ https://www.transparencymarketresearch.com/report-toc/5306

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 Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

Contact

Transparency Market Research
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: 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 Medical Image Analysis Software Market: Continued Lead of North America Supported by Rising Prevalence of Cancer here

News-ID: 788027 • Views: 106

More Releases from Transparency Market Research

Subsea Well Access System Market In-depth qualitative insights, historical data, …
Global Subsea Well Access System Market: Overview The global subsea well access system market is primarily driven by plummeting production from the oil and gas reserves together with ageing offshore fields. A quick shift toward subsea regions is the emerging trend in oil and gas production sector, marking an important divergence from the usual methods of production. Some of the subsea environment exists in most unexplored and extremely remote parts of
Nicotinic Acid Market Size, Share, Growth, Trends, and Forecast 2027
Overview The research report provides valuable insights into demand drivers, geographical outlook, and competitive landscape of the Nicotinic Acid Market for the 2019-2027 forecast period. Further, it throws light on restraints as well discusses opportunities at length that are likely to come to the fore over the forecast period. The analysis thus provided helps Market stakeholders with business planning and to gauge scope of expansion in the Nicotinic Acid Market over
1 – Decene Market Growth Analysis, Share, Demand By Regions 2027
Overview The research report provides valuable insights into demand drivers, geographical outlook, and competitive landscape of the 1 – Decene Market for the 2019-2027 forecast period. Further, it throws light on restraints as well discusses opportunities at length that are likely to come to the fore over the forecast period. The analysis thus provided helps Market stakeholders with business planning and to gauge scope of expansion in the 1 – Decene
Steep Slope Roofing Materials Market Analysis, Size, Share, Growth, Trends, and …
Overview The research report provides valuable insights into demand drivers, geographical outlook, and competitive landscape of the 1 – Decene Market for the 2019-2027 forecast period. Further, it throws light on restraints as well discusses opportunities at length that are likely to come to the fore over the forecast period. The analysis thus provided helps Market stakeholders with business planning and to gauge scope of expansion in the 1 – Decene

All 5 Releases


More Releases for Medical

Affordable Medical Cover Plans
Taking great care of health is important, but it does not assure a healthy life. Even after taking all the precautions, people can still get unwell due to various reasons. Unfortunately, medical treatment is not always affordable for everyone. Losing loved ones due to lack of money is the worst nightmare for any person. Luckily, now you can cover your whole family for medical treatment by purchasing affordable medical covers
Medical Power Market Medical Power Market
This report studies Medical Power in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. Request for discount @ https://www.researchtrades.com/discount/1445183 This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering Astrodyne TDI (US) CUI Inc. (US) Delta Electronic, Inc (TW) Excelsys
Global Medical Aesthetics Market
The Global Medical Aesthetics Market is expected to reach USD 26.53 billion by 2024 from USD 10.12 billion in 2016, at a CAGR of 12.8% in the forecast period 2017 to 2024. “Global Medical Aesthetics Market”, By Product Type (Aesthetic Laser Devices, Energy Devices, Skin Tightening & Body Contouring Devices, Aesthetic Implants, Facial Aesthetic Devices), Applications (Anti-Aging & Wrinkles, Facial & Skin Rejuvenation, Vascular Lesions, Body Shaping & Cellulite, Breast
Medical Ventilators – Medical Devices Pipeline Assessment, 2017
ReportBazzar has released its latest research-based report entitled ‘Medical Ventilators’ market. This report provides a holistic approach to the market growth with a detailed and precise analysis of the overall competitive scenario of the Medical Ventilators market. The report also provides a detailed analysis of key trends and latest technologies, playing a prominent role in the Medical Ventilators market growth. It takes into account aspects such as drivers, restraints, challenges, and
Medibmls-Medical Encyclopedia
The Medibmls Medical Encyclopedia contains public health information for patients and others about medical laboratory tests and general healthcare. This medical encyclopedia is developed to provide patients and others with background information about laboratory tests and health as part of the healthcare sector. Please visit us at: Medical Encyclopedia-Medibmls - https://medibmls.org/ Diseases - https://medibmls.org/diseases/ Laboratory Tests - https://medibmls.org/laboratory-tests/ Medibmls is a medical encyclopedia containing health information for patients and others about clinical laboratory tests and
Medical Electrodes Market
Medical electrodes are devices used to transfer energy of ionic currents into electrical current in the body. The currents passed into the body is amplified and has proved to be useful in diagnosing various diseases. Medical electrodes are noninvasive and comprises a metal, electrode conducting plate and lead. Medical electrodes progress with quantification of internal ionic currents results in diagnosis of nervous, cardiac, ocular and muscular disorders. The electrode works