(PharmaNewsWire.Com, October 05, 2018 ) Since the incidences of chronic diseases are increasing all over the globe the urgency to use medical image analysis software is on a rise, which is driving the growth of medical image analysis software market. In addition, the trend of using electronic health records to store, distribute and manage patient health information in the form of medical images is also boosting the medical image analysis software market.
Also, because of the fact that there is a continuous improvement in medical technology such as computer aided diagnosis, this opens up vast opportunities for the use of new and enhanced medical image software tools aiding in the treatment of a wide variety of diseases like cancer. Thus, there is a great demand for efficient treatment procedures that use such kind of software, leading to growth in medical image analysis software.
Medical Image Analysis Software market is expected to grow from $ 2346.74 million in 2016 to reach $ 4544.79 million by 2023 with a CAGR of 9.9%. Rising demand for the use of imaging equipment, rise in aging population, increasing applications of Computer-Aided Diagnosis (CAD), increasing investment in medical imaging market from public and private sectors are propelling the market. However, growing number of data security problems and huge cost of software's are hindering the market.
Due to its flexibility and its ability to investigate, classify and process the data standalone software segment leads the market. By end user, diagnostics centers segment is anticipated to grow with the highest market share and the growth is due to the growing number of imaging diagnostic labs. North America has acquired the largest market share followed by Europe and the growth in this region is due to increasing demand for good quality healthcare services.
Some of the key players in global medical image analysis software market include Toshiba Medical Systems Corporation, Siemens Healthcare (A Division of Siemens AG), Philips Healthcare (A Subsidiary of Royal Philips Electronics), MIM Software, Inc, Merge Healthcare Inc. (Part of IBM Corporation), General Electric Company (GE), Esaote S.P.A, Carestream Health, Inc. (A Subsidiary of Onex Corporation), Aquilab, AGFA-Gevaert Group (AGFA), ClaroNav, Inc, GE Healthcare, Spacelabs Healthcare, Inc, Xinapse Systems Ltd and Bruker Corporation.
What our report offers: - Market share assessments for the regional and country level segments - Market share analysis of the top industry players - Strategic recommendations for the new entrants - Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets - Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) - Strategic recommendations in key business segments based on the market estimations - Competitive landscaping mapping the key common trends - Company profiling with detailed strategies, financials, and recent developments - Supply chain trends mapping the latest technological advancements
We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Biotechnology & Pharmaceuticals resource center today to browse our selection of 600+ complimentary Biotechnology & Pharmaceuticals magazines, white papers, webinars, podcasts, and more. Get popular titles including:
