- Integrated
- Standalone
Medical Image Analysis Software Market size was valued at 2,823 million in 2021 and is expected to reach 4,901 million by 2028, at a CAGR of 8.2% during the forecast period 2022 to 2028. Medical image analysis software helps the practitioners and healthcare professionals to analyze and visualize the medical images. The medical image analysis software is a major tool of diagnostic machines and enables enhance the identifying features of image. Moreover, the software is used for the training, storing, sharing, and viewing of medical data. It helps to increase the efficiency of monitoring, diagnosis, and treatment of various diseases. Key developments: In November 2019, GE Healthcare partnered with DIA Imaging Analysis Ltd. to adopt the company’s imaging analysis technology for ultrasound devices.
Medical Image Analysis Software Market Summary
Study Period
2023-29
Base Year
2022
CAGR
8.2%
Largest Market
Asia-Pacific
Fastest Growing Market
North-America
Medical Image Analysis Software Market DRIVERS AND RESTRAINTS
Technological advancements in medical imaging systems such as 3D/4D platforms and analytical software is a key factor drives the market over the forecast period. Moreover, increase in the usage of imaging equipment due to rise in prevalence of chronic diseases, grow in investments from the public and private sectors in medical imaging techniques, wide range of applications with computer-aided diagnosis, and increase in demand for early stage disease diagnosis are expected to propel the global medical image analysis software market over the forecast years. However, high cost of medical imaging equipment and lack of skilled professionals are expected to hamper the growth of global medical image analysis software market.
North-America Got Significant Share
Medical Image Analysis Software Market
Geographically, global medical image analysis software market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America market is poised to grow due to increase in the prevalence of chronic diseases such as cancers, huge number of imaging centers present in the U.S. and Canada, and rise in demand for early stage disease diagnosis are fuel the market. Europe market is driving by high adoption of technologically advanced imaging equipment and software, rise in preference for non-radiation imaging techniques, and government support for the healthcare sector are spur the market. However, Asia pacific market recording the fastest growth attributed to large number of patient pool in India and China, rise in medical tourism in Asia Pacific countries, and development in the healthcare infrastructure are surge the market over the forecast timeframe.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
- The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Medical Image Analysis Software Market Segmentation
software type
image type
- 2D
- 3D
- 4D
modality
- Tomography
- Magnetic Resonance Imaging (MRI)
- Computed Tomography (CT)
- Positron Emission Tomography (PET)
- Others
- Ultrasound Imaging
- 2D Ultrasound Imaging
- 3D/4D Ultrasound Imaging
- Doppler Imaging
- Radiographic Imaging
- Others
end users
- Hospitals
- Diagnostic Centers
- Research Institutes
Frequently Asked Questions
The medical image analysis software market is projected to expand at a CAGR of 8.2% during the forecast period
GE Healthcare, Carestream Health, Philips Healthcare, Toshiba Medical Systems Corporation, Esaote S.p.A
North America is the fastest-growing region for the medical image analysis software market
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- GE Healthcare (US)
- Carestream Health, Inc. (US)
- Philips Healthcare (Netherlands)
- Toshiba Medical Systems Corporation (Japan)
- Esaote S.p.A (Italy)
- INFINITT Healthcare Co, Ltd. (South Korea)
- Siemens Healthineers (Germany)
- Merge Healthcare, Inc. (US)
- ScienceSoft USA Corporation (US)
- Image Analysis (UK)