Global Medical Image Software Analysis Market to reach USD 4.9 billion by 2025 | CAGR: 8.1%
Global Medical Image Software Analysis Market is valued at USD 2.41 billion in 2016 is anticipated to grow USD 4.9 billion with the compounded annual growth of 8.1% over the forecast period 2017-2025.
New York 17 May 2018, as per the new research study conducted by Bizwit Research & Consulting, Global Medical Image Software Analysis industry is poised to raise USD 4.9 billion by 2025. A number of factors such as technological advancements in medical imaging systems & analysis software, growing public- and private-sector investments in the medical imaging market, increasing use of imaging equipment due to rising prevalence of chronic diseases, fusion of imaging technologies, and growing applications of computer-aided diagnosis are driving the demand for medical image analysis software.
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Global Medical image software analysis Market Size study, by Type (Standalone), by Images (2D, 3D, 4D), by Modality (CT, MRI, PET, Ultrasound), by Application (Orthopedic, Dental, Oncology, Nephrology), by End-User (Hospital, Diagnostic Centre, Research) and by Regional Forecasts 2017-2025.
The industry seems to be fairly competitive. Some of the leading market players include General electric company, Philips healthcare, Siemens Healthineers, Toshiba Medical Systems, and so on. Other market players discussed in the report include Carestream Health, Inc., AGFA healthcare, Aquilab. New product launches, acquisitions, and mergers are some of the strategies adopted by the key manufacturers. Additionally, the fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.
Key findings of the study:
- North America is expected to dominate the medical image analysis software market.
- Growing geriatric population, high incidence/prevalence of various diseases, the large number of imaging centers in this region, ongoing research increases the market growth.
- Increasing awareness about the benefits of early disease diagnosis is also increasing the demand for this market.
Bizwit Research & Consulting LLP has considered the following segments for the study:
- Diagnostic center
- North America
- Asia Pacific
- Latin America
- Rest of the World