Medical Image Management Market: Global Opportunity Analysis and Industry Forecast 2019-2027 Market

Medical Imaging Management Market Report Overview:

The global medical imaging management market is experiencing a major growth, and will grow considerably in next few years. Medical imaging is a techniques used to create images of various parts of the human body for diagnostic and treatment purposes. Whereas to store these data in a digitally transmit electronic images and clinically-relevant reports is called as medical image management. It allows radiologists to access the medical imaging data from any geographical location, and allows multiple users to view data at the same time on different systems. Further, medical Imaging software such as picture archive and communication system (PACS) in healthcare field also allows medical professionals to track, archive, manipulate, and manage patient images and administrative workflow.

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 imaging management software’s. Therefore, this discontinuity in proceedings of business operations directly influences revenue drift of the medical imaging management market.

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

Increase in geriatric population and chronic diseases, rise in significance of medical imaging in the primary diagnosis of disease. In addition, growing investments in the medical imaging market and technological advancements in imaging equipment are major factor driving the medical imaging management market. However, the high costs of software solutions and privacy and security concerns hamper the market growth. Conversely, rise in investments, funding, by government in medical imaging has propelled the growth of medical imaging managements market in the pandemic period.

The global medical imaging management 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, in December 2019, Agfa HealthCare has launched a new groundbreaking digital radiography unit at RSNA 2019. This unit has Agfa exhibited its comprehensive range of DR solutions, including the DR 800 multi-purpose imaging system, DR 600 DR X-ray, and others. Furthermore, in 2019, JIUN Corporation has also started providing its cloud-based medical image management system “SonicDICOM PACS Cloud Beta” by simply registering an account online for the service. Moreover, in 2019, the R&E Foundation has invested $5 million to take medical imaging research and technical innovation from conception to clinical practice.

Surge in usage in medical applications

The medical imaging managements have various applications in healthcare field in medical imaging and diagnostics centre. These are widely used in hospitals for web based medical imaging applications. Medical imaging management is also used for imaging various diseases in healthcare field.

Key benefits of the report:

• This study presents the analytical depiction of the global medical imaging management 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 imaging management market share.
• The current market is quantitatively analyzed to highlight the global medical imaging management market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides detailed global medical imaging management market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the Medical imaging management Market research report:

• What are the leading market players active in the medical imaging management 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?

 Medical Image Management Market: Global Opportunity Analysis and Industry Forecast 2019–2027 Report Highlights