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Medical Image Analysis Software Trends and Forecast
The future of the global medical image analysis software market looks promising with opportunities in the cardiology, orthopedics, oncology, neurology, obstetrics & genecology, mammography, dental, respiratory, and urology & nephrology markets. The global medical image analysis software market is expected to reach an estimated $5.36 billion by 2030 with a CAGR of 8.1% from 2024 to 2030. The major drivers for this market are increasing prevalence of chronic diseases, on-going technological advancements in the medical imaging systems and analysis software, and rising public- and private-sector investments in medical imaging market.
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Medical Image Analysis Software by Segment
The study includes a forecast for the global medical image analysis software by type, modality, application, end use, and region.
Medical Image Analysis Software Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Integrated
• Stand-Alone
Medical Image Analysis Software Market by Modality [Shipment Analysis by Value from 2018 to 2030]:
• Tomography
• Radiographic Imaging
• Ultrasound Imaging
• Mammography
• Combined Modalities
Medical Image Analysis Software Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Cardiology
• Orthopedics
• Oncology
• Neurology
• Obstetrics and Genecology
• Mammography
• Dental
• Respiratory
• Urology & Nephrology
Medical Image Analysis Software Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Hospitals
• Diagnostic Imaging Centers
• Others
Medical Image Analysis Software Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Medical Image Analysis Software Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies medical image analysis software companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the medical image analysis software companies profiled in this report include-
• Toshiba Medical Systems
• Bruker
• Xinapse Systems
• Esaote
• Claronav
• Merge Healthcare
• Aquilab
• Spacelabs Healthcare
• Mim Software
• Carestream Health
Medical Image Analysis Software Market Insights
Lucintel forecasts that tomography is expected to witness highest growth over the forecast period owing to its affordability.
Cardiology will remain the largest segment due to the increasing prevalence of cardiovascular and congenital heart diseases and rising government support to improve the accessibility of treatments.
North America is expected to witness highest growth over the forecast period due to increasing geriatric population, rising incidence of various disease, and presence of key players in the region.
Features of the Global Medical Image Analysis Software Market
Market Size Estimates: Medical image analysis software market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Medical image analysis software market by various segments, such as by type, modality, application, end use and region in terms of($B).
Regional Analysis: Medical image analysis software market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, modality, applications, end uses, and regions for the medical image analysis software market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the medical image analysis software market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the medical image analysis software market size?
Answer: The global medical image analysis software market is expected to reach an estimated $5.36 billion by 2030.
Q.2 What is the growth forecast for medical image analysis software market?
Answer: The global medical image analysis software market is expected to grow with a CAGR of 8.1% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the medical image analysis software market?
Answer: The major drivers for this market are increasing prevalence of chronic diseases, on-going technological advancements in the medical imaging systems and analysis software, and rising public- and private-sector investments in medical imaging market.
Q4. What are the major segments for medical image analysis software market?
Answer: The future of the medical image analysis software market looks promising with opportunities in the cardiology, orthopedics, oncology, neurology, obstetrics & genecology, mammography, dental, respiratory, and urology & nephrology markets.
Q5. Who are the key medical image analysis software market companies?
Answer: Some of the key medical image analysis software companies are as follows:
• Toshiba Medical Systems
• Bruker
• Xinapse Systems
• Esaote
• ClaroNAv
• Merge Healthcare
• Aquilab
• Spacelabs Healthcare
• MIM Software
• Carestream Health
Q6. Which medical image analysis software market segment will be the largest in future?
Answer: Lucintel forecasts that tomography is expected to witness highest growth over the forecast period owing to its affordability.
Q7. In medical image analysis software market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to increasing geriatric population, rising incidence of various disease, and presence of key players in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the medical image analysis software market by type (integrated and stand-alone), modality (tomography, radiographic imaging, ultrasound imaging, mammography, and combined modalities), application (cardiology, orthopedics, oncology, neurology, obstetrics & genecology, mammography, dental, respiratory, and urology & nephrology), end use (hospitals, diagnostic imaging centers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Medical Image Analysis Software Market, Medical Image Analysis Software Market Size, Medical Image Analysis Software Market Growth, Medical Image Analysis Software Market Analysis, Medical Image Analysis Software Market Report, Medical Image Analysis Software Market Share, Medical Image Analysis Software Market Trends, Medical Image Analysis Software Market Forecast, Medical Image Analysis Software Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Medical Image Analysis Software Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Medical Image Analysis Software Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Medical Image Analysis Software Market by Type
3.3.1: Integrated
3.3.2: Stand-Alone
3.4: Global Medical Image Analysis Software Market by Modality
3.4.1: Tomography
3.4.2: Radiographic Imaging
3.4.3: Ultrasound Imaging
3.4.4: Mammography
3.4.5: Combined Modalities
3.5: Global Medical Image Analysis Software Market by Application
3.5.1: Cardiology
3.5.2: Orthopedics
3.5.3: Oncology
3.5.4: Neurology
3.5.5: Obstetrics and Genecology
3.5.6: Mammography
3.5.7: Dental
3.5.8: Respiratory
3.5.9: Urology & Nephrology
3.6: Global Medical Image Analysis Software Market by End Use
3.6.1: Hospitals
3.6.2: Diagnostic Imaging Centers
3.6.3: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Medical Image Analysis Software Market by Region
4.2: North American Medical Image Analysis Software Market
4.2.2: North American Medical Image Analysis Software Market by Application: Cardiology, Orthopedics, Oncology, Neurology, Obstetrics and Genecology, Mammography, Dental, Respiratory, and Urology & Nephrology
4.3: European Medical Image Analysis Software Market
4.3.1: European Medical Image Analysis Software Market by Modality: Tomography, Radiographic Imaging, Ultrasound Imaging, Mammography, and Combined Modalities
4.3.2: European Medical Image Analysis Software Market by Application: Cardiology, Orthopedics, Oncology, Neurology, Obstetrics and Genecology, Mammography, Dental, Respiratory, and Urology & Nephrology
4.4: APAC Medical Image Analysis Software Market
4.4.1: APAC Medical Image Analysis Software Market by Modality: Tomography, Radiographic Imaging, Ultrasound Imaging, Mammography, and Combined Modalities
4.4.2: APAC Medical Image Analysis Software Market by Application: Cardiology, Orthopedics, Oncology, Neurology, Obstetrics and Genecology, Mammography, Dental, Respiratory, and Urology & Nephrology
4.5: ROW Medical Image Analysis Software Market
4.5.1: ROW Medical Image Analysis Software Market by Modality: Tomography, Radiographic Imaging, Ultrasound Imaging, Mammography, and Combined Modalities
4.5.2: ROW Medical Image Analysis Software Market by Application: Cardiology, Orthopedics, Oncology, Neurology, Obstetrics and Genecology, Mammography, Dental, Respiratory, and Urology & Nephrology
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Medical Image Analysis Software Market by Type
6.1.2: Growth Opportunities for the Global Medical Image Analysis Software Market by Modality
6.1.3: Growth Opportunities for the Global Medical Image Analysis Software Market by Application
6.1.4: Growth Opportunities for the Global Medical Image Analysis Software Market by End Use
6.1.5: Growth Opportunities for the Global Medical Image Analysis Software Market by Region
6.2: Emerging Trends in the Global Medical Image Analysis Software Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Medical Image Analysis Software Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Medical Image Analysis Software Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Toshiba Medical Systems
7.2: Bruker
7.3: Xinapse Systems
7.4: Esaote
7.5: ClaroNAv
7.6: Merge Healthcare
7.7: Aquilab
7.8: Spacelabs Healthcare
7.9: MIM Software
7.10: Carestream Health
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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