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Global Medical Imaging Analysis Software Market 2019 to 2024 - Rising Applications of Computer-aided Diagnosis Drives Growth - ResearchAndMarkets.com

May 1, 2019

DUBLIN--(BUSINESS WIRE)--May 1, 2019--The “Medical Imaging Analysis Software Market - Growth, Trends, and Forecast (2019 - 2024)” report has been added to ResearchAndMarkets.com’s offering.

The major factors for the growth of the medical imaging analysis software market include the technological advancements in medical imaging systems and analysis software, increasing usage of imaging equipment due to the rising prevalence of chronic diseases, and rising applications of computer-aided diagnosis.

Key Market Trends

The X-ray Imaging Segment is Expected to be the Fastest Growing Segment over the Forecast Period

X-ray has applications in the examination of bone or tissues samples. X-ray imaging data is analyzed using imaging software. With the development of medical x-ray image analysis software, the treatment and data management have become easy for the medical personnel. The data can be easily shared between the healthcare providers or researchers at the remote sites. This is a key contributing factor for market growth.

GE’s Rhythm Radiography is an advanced x-ray software that combines advanced image acquisition, review, and data management tools for all x-ray testing methods, including computed radiography, digital radiography, and film digitization. Its advanced data sharing capabilities allow significant improvements in productivity and enable faster identification of quality problems. Using x-ray software, process efficiency can be improved.

The software reduces training requirement and saves cost and time, hence, preferred by the patients and healthcare providers. The x-rays, analysis, and documentation are easily exported to electronic medical records as PDF files or JPG images. The demand for imaging modalities and increasing advancements in technologies are driving this market.

North America Accounted for the Largest Share in the Global Market

North America holds a major share in the medical imaging analysis software market and is expected to show a similar trend over the forecast period, without significant fluctuations. The United States is one of the largest markets for medical imaging analysis software. There are regular updates in the new imaging software, and new companies are providing solutions that provide easy image post-processing and optimization, with tools to filter. Imaging analysis software, combined with the enhanced visualization software, is now provided by companies, like AnalyzeDirect.

With the rising concerns regarding radiation doses, these tools are helpful in understanding better dose adjustment for imaging, thus, helping to capture a better image. It is estimated that, in the United States, more than 80 million CT scans are performed, annually. The scanning procedures, such as CT angiography, colonography, dual-energy, perfusion CT, etc. revolutionized the diagnosis and treatments.

There is an increasing burden of chronic diseases among the people of the United States, requiring them to undergo imaging scans in the process of diagnosis and treatment. With the increase in the number of imaging procedures, hospitals and diagnostic imaging centers require sophisticated software. All the aforementioned factors may propel the market growth over the forecasted period.

Competitive Landscape

The medical imaging analysis software market is moderately consolidated, owing to the presence of a few key players in the market. The companies are focusing on the technological advancement of the devices, in order to gain significant market shares.

Some of the market players are AGFA Healthcare, Aquilab GmbH, Canon Medical Systems USA, Carestream Health Inc., GE Healthcare, IBM Watson Health, Koninklijke Philips NV, Sciencesoft USA Corporation, and Siemens Healthineers.

Key Topics Covered

1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Technological Advancements in Medical Imaging Systems and Analysis Software
4.2.2 Increasing Usage of Imaging Equipment Due to Rising Prevalence of Chronic Diseases
4.2.3 Rising Applications of Computer-aided Diagnosis
4.3 Market Restraints
4.3.1 Budgetary Constraints
4.4 Porter’s Five Forces Analysis

5 MARKET SEGMENTATION
5.1 By Image Type
5.1.1 2D Image
5.1.2 3D Image
5.1.3 4D Image
5.2 By Modality
5.2.1 Tomography
5.2.1.1 Computed Tomography (CT)
5.2.1.2 Magnetic Resonance Imaging (MRI)
5.2.1.3 Positron Emission Tomography (PET)
5.2.1.4 Single-photon Emission Computed Tomography (SPECT)
5.2.2 Ultrasound Imaging
5.2.3 Radiographic Imaging
5.2.4 X-ray Imaging
5.2.5 Other Modalities
5.3 By Software Type
5.3.1 Integrated Software
5.3.2 Standalone Software
5.4 By End User
5.4.1 Hospital
5.4.2 Diagnostic Center
5.4.3 Research Center
5.5 Geography
5.5.1 North America
5.5.2 Europe
5.5.3 Asia-Pacific
5.5.4 Middle East & Africa
5.5.5 South America

6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 AGFA Healthcare
6.1.2 Aquilab GmbH
6.1.3 Canon Medical Systems USA
6.1.4 Carestream Health Inc.
6.1.5 GE Healthcare
6.1.6 IBM Watson Health
6.1.7 Koninklijke Philips N.V.
6.1.8 Sciencesoft USA Corporation
6.1.9 Siemens Healthineers
6.1.10 Xinapse Systems Ltd.

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/42lsew

View source version on businesswire.com:https://www.businesswire.com/news/home/20190501005636/en/

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Related Topics:Software,Medical Imaging

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY SOFTWARE HEALTH MEDICAL DEVICES

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 05/01/2019 09:35 AM/DISC: 05/01/2019 09:35 AM

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