openPR Logo
Press release

Medical Image Analysis Software Market - Growth by Top Company, Application, Driver, Trends & Forecast to 2024

10-30-2017 07:57 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
With the rising prevalence of chronic diseases, such as cancer and various other cardiovascular disorders, the global market for medical image analysis software has witnessed a substantial rise in its size and scope. Analysts foresee an upward growth is this market over the next few years, thanks to the advent of 4D imaging technique and the swelling demand for medical imaging. The market, which presented an opportunity worth US$2.35 bn in 2015, is anticipated to expand at an 8.10% CAGR between 2016 and 2024 and touch a value of US$4.66 bn by the end of 2024.

Get an exclusive sample of this report @

Integrated Software to Enjoy Higher Demand than Standalone Software

Integrated software and standalone software are the two main types of medical image analysis software available across the world. Among the two, the integrated software segment, which has been leading this market since the last few years, is projected to dominate it as well over the forthcoming years, thanks to the rising awareness about the advantages of integrated software systems, such as interlinking of the database and storing of the images for further analysis. On the other hand, the standalone segment is estimated to likely to witness a decline in its share in the near future due to the increasing trend of incorporating all medical imaging devices with integrated software systems.

Hospitals, clinics, diagnostic centers, research and academic institutes, and ambulatory surgical centers (ASCs) have surfaced as the key end users of medical image analysis software, worldwide. The hospital segment, among these, emerged as the key contributor to this market in 2015 and is predicted to retain its lead throughout the forecast period. The presence of a well-established medical and healthcare industry and a favorable reimbursement scenario in developed regions, such as North America and Europe, have been driving the demand for medical image analysis software in hospitals and are expected to remain doing so over the next few years.

Browse Press Release of this Research Report @

Rising Incidence of Cancer to Ensure Lead of North America

Geographically, Asia Pacific, Europe, Latin America, the Middle East and Africa, and North America have been considered as the main segments of the worldwide market for medical image analysis software. North America acquired the leading position in this market in 2015 with a share of 33.7% on the grounds of the rising incidence of cancer and cardiovascular diseases. Researchers anticipate the North America medical image analysis software market to maintain its dominance over the forthcoming years.

Europe, which was second in 2015, is projected to retain its position in the years to come. The economic developments, leading to the improvement in the healthcare facilities, are expected to prompt the key players to invest in this regional market for research and development activities, which may propel it substantially over the years to come. Asia Pacific, on the other hand, is predicted to be driven by the increasing prevalence of cancer, cardiovascular diseases, and other chronic disorders in countries, such as India and China and the rising awareness among consumers regarding early diagnosis of these diseases in the near future.

GE Healthcare, Siemens Healthineers, Agfa-Gevaert N.V., Hologic Inc., Pie Medical Imaging, Media Cybernetics Inc., AQUILAB, MIM Software Inc., Merge Healthcare Inc., and ScienceSoft USA Corp. are some of the key vendors of medical image analysis software across the world.

About TMR

Transparency Market Research (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

This release was published on openPR.

Permanent link to this press release:

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 - Growth by Top Company, Application, Driver, Trends & Forecast to 2024 here

News-ID: 791928 • Views: 136

More Releases from Transparency Market Research

Trending : Incontinence Products Market Companies to Garner Bursting Revenues wi …
Global Incontinence Products Market: Overview Incontinence refers to the lack of voluntary control over one’s bodily functions of defecation or urination. The global market for incontinence products has been witnessing steady growth owing to the rising incidence of the medical condition. Although earlier the focus was on developed markets such as the U.S. and several countries in Western Europe, the dynamics have shifted significantly in recent times. Investors are now looking
Life Sciences Tools Market Size, Business Strategies, Product Sales and Growth R …
Global Life Sciences Tools Market: Snapshot Life science refers to a branch of science that studies organisms and microorganisms. It is an umbrella term of wide range of fields such as cell biology, biotechnology, genetics, molecular biology, biomedicine, and biochemistry. The global life sciences tools market includes instruments, consumables, reagents, and various other services. The growth of the pharmaceutical industry, healthcare industry, and the rise of the research and development sector
Skilled Nursing Care Services Market Companies Overview 2015 - 2023
Global Skilled Nursing Care Services Market: Overview Mexico, Brazil and Argentina will grow to a large extent over the coming years in the global skilled nursing care services market as the aged population in these regions is increasing rapidly, finds Transparency Market Research (TMR). Skilled nursing care service centers cater to the needs of patients suffering from chronic conditions such as Parkinson’s or Alzheimer’s, as it is difficult to tend them
B2B Telecommunications Market Comprehensive Analysis By 2026
Global B2B Telecommunications Market: Overview The global B2B telecommunications market is rapidly growing and is expected to further increase its growth pace in the coming years. In fact, the B2B telecommunications market is predicted to outpace the consumer telecom market. Access to high-speed internet and availability of smartphones has paved way for telecom companies to explore the global B2B communications market. Obtain Report Details @ Transparency Market Research is coming out with

All 5 Releases

More Releases for America

Latin America Colour Cosmetics Market
The colour cosmetics market in Latin America managed to keep its head above water over 2011-2016. The category recorded a CAGR of 1.7% despite a decline in value occurring towards the end of the period, Chile and Argentina offsetting the impact of economic crisis in Brazil and Venezuela. Direct selling still holds strong as the core channel for colour cosmetics purchases in the region but retail infrastructure is rapidly improving
South America Aviation Market
The South American aviation market was affected adversely by the financial crisis, which had originated in the United States and the sales were impacted adversely by the same, but the market has recovered, since. Furthermore, the good performance of regional jets sold by Embraer were termed profitable by users and could certainly turn the tide as aircraft orders from other airlines continue to increase. Rising income levels in the continent
Agrochemicals Market in North America
ReportsWorldwide has announced the addition of a new report title North America: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports. The report “North America: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the
Make America Great Again
Help us open our Veterans' Home We don't know them all, but we owe them all... Lake Ariel, PA: FCPCF Inc. and National Auto Raffle invites you to enter the online Charity Auto & 50/50 Raffles ( and help us raise funds to open the doors of veterans' housing facility and provide housing to the homeless Veterans and their families in need. Every 1 in 4 homeless is a Veteran and its time
Latin America Oil & Gas Potential
Produced by The CWC Group, Latin American Oil and Gas Conference takes place on 25 – 27 October 2011, Mandarin Oriental Hotel, Miami, U.S.A. Organisers confirmed that the strategic conference will feature advanced insights from important organisations in the region alongside NOC’s showcases from Brazil, Mexico, Colombia, Trinidad & Tobago, Venezuela, Uruguay and Bolivia. Content centres on the development of the Latin America’s resources, the impact of shale
Mafi Designs America
Austrian Natural Wood Floor manufacturer establishes themselves in the high end New York Lifestyle market. “Successfully building a luxury Brand in the US is very important to our world wide marketing efforts,“ proclaims a happy Philippe S. Pezet, Partner Mafi USA, Inc & Export/Marketing Manger for the manufacturing company Mafi Holzverarbeitung from Austria. The Mafi brand name is recognized by leading architects and decorators in the Big Apple as being the