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2021
Medical Image Analysis Software Market

Medical Image Analysis Software Market: Global Opportunity Analysis and Industry Forecast 2019–2027

A11265
Pages: NA
Dec 2021 | 256 Views
   
Author(s) : Onkar Sumant
Tables: NA
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COVID-19

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The global medical image analysis software market is experiencing a major growth, and will grow considerably in next few years. Medical imaging software allows medical professionals to track, archive, manipulate, and manage patient images and administrative workflow. Medical image analysis software is an important part of diagnostic machines and it helps to enhance the features of an image thereby increasing the effectiveness and efficiency of medical treatment. This software is for storing, viewing, training, and sharing medical data.

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast units

  Value (USD)

  Segments covered

  Type, Modality, Imaging Type, Application, End User, and Region

  Regions covered

North America (U.S. and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM) and The Middle East and Africa

  Companies covered

Major players analyzed include Koninklijke Philips N.V., GE Healthcare, Siemens Healthineers, Spacelabs Healthcare, Agfa-Gevaert Group, MIM Software, Inc., Toshiba Medical Systems Corporation, ESAOTE SPA, Merge Healthcare, Inc., and Aquilab SAS.

 

COVID-19 scenario analysis:

  • The cloud-based workstations and mobile applications allow radiologists and physicians to access diagnosis, reports, and images regardless of their location via cloud-based PACS. Therefore, it allows both radiologists and physicians to provide efficient care for the patient while reducing the risk of spreading or contracting COVID-19.
  • The large use of the radiology has increased in various hospitals due to Covid-19 for imaging of lungs and infectious diseases across the globe.
  • Disruption of the supply chain across the globe has affected the distribution of the medical image analysis software software’s. Therefore, this discontinuity in proceedings of business operations directly influences revenue drift of the medical image analysis software market.

Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

Increasing incidence of chronic diseases, growing demand for health care services for the aging population. In addition, continuous developments in the field of imaging technology, such as computer-aided diagnosis (CAD) are major factor driving the medical image analysis software market. However, security risks of data stored concerns and high installation cost and maintenance hinders the market growth. Conversely, introduction of Artificial Intelligence (AI) in medical imaging has changed the market dynamics in recent years and is anticipated to propel the growth of the market during the forecast period.

The global medical image analysis software market trends are as follows:

New product launches and collaborations to flourish the market

The need for launches of new products and constant innovations has tremendously driven the market growth.  For instance, For instance, in November 2018, Philips unveiled its innovations in radiology to enable precision diagnosis and enhance productivity. These are designed to connect people, data and technology and meet the requirements for improved outcomes, enhanced patient experience, increased staff satisfaction, and lowered cost of care delivery. Further, in 2018 FDA sets MedyMatch image analysis software on fast track.

Surge in usage in medical applications

The medical imaging managements have various applications in healthcare field in medical imaging and diagnostics center. These are wide applications based on web medical imaging such as integrating 3D imaging with virtual reality (VR) devices and computer-aided diagnosis. Medical image analysis software is also used for imaging various diseases in healthcare fields such as cancer, cardiovascular diseases, neurological, gynecological disorders, and others.

Key segments covered:

Segments

Sub-segments

  Type

  • Integrated
  • Stand-alone

  Modality

  • Tomography
    • Computed Tomography
    • Magnetic Resonance Imaging
    • Positron Emission Tomography
    • Single-Photon Emission Tomography
  • Ultrasound Imaging
  • Radiographic Imaging
  • Combined Modalities

  Imaging Type

  • 2D Imaging
  • 3D Imaging
  • 4D Imaging

  Application

  • Orthopedic
  • Dental
  • Neurology
  • Cardiology
  • Oncology
  • Obstetrics & Gynecology
  • Others

  End User

  • Hospitals
  • Diagnostic Centers
  • Ambulatory Surgical Centers
  • Others (Academic & Research Centers)


Key benefits of the report:

  • This study presents the analytical depiction of the global medical image analysis software industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global medical image analysis software market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global medical image analysis software market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides detailed global medical image analysis software market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the Medical image analysis software Market research report:

  • What are the leading market players active in the medical image analysis software market?
  • What the current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
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