According to a new report, published by KBV research, The Global Medical Image Analysis Software Market size is expected to reach $6.6 billion by 2028, rising at a market growth of 11.4% CAGR during the forecast period.
The Standalone segment is showcasing a CAGR of 12.5% during (2022 - 2028). In comparison to integrated solutions, these platforms are more affordable and user-friendly. Researchers can exchange and access research data & analysis using these technologies, which provide additional information and features. This improves their capacity to identify, analyze, diagnose, and treat diseases.
The Computed Tomography segment is leading the Global Medical Image Analysis Software Market by Modality in 2021 thereby, achieving a market value of $1.8 billion by 2028. For instance, a tomography device uses a succession of X-rays and a computer to create a 3D image of soft tissue or bones. In addition, CT is a painless, non-invasive method for healthcare professionals to diagnose diseases in a hospital or imaging center. Also, introducing innovative technologies by competitive players stimulates the segment's growth.
The Diagnostic Centers segment has shown the growth rate of 11.5% during (2022 - 2028). The rising expense of healthcare is a serious worry for the healthcare industry, and as a result, few patients can afford the necessary therapy, including surgical operations. This has necessitated the development of novel approaches by healthcare professionals to make these treatments more cost-effective without sacrificing quality. In these situations, diagnostic centres have shown to be a viable option.
The Cardiology segment is leading the Global Medical Image Analysis Software Market by Application in 2021 thereby, achieving a market value of $1.7 billion by 2028. Cardiovascular diseases continue to be the major cause of death worldwide. The substantial market expansion of this segment is attributable to the increasing incidence of cardiovascular disorders and the rising popularity of minimally invasive operations for treating cardiovascular diseases.
The North America market dominated the Global Medical Image Analysis Software Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2.4 billion by 2028. The Europe market is exhibiting a CAGR of 10.9% during (2022 - 2028). Additionally, The Asia Pacific market would display a CAGR of 12.1% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/medical-image-analysis-software-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Canon, Inc. (Canon Medical Systems Corporation), Koninklijke Philips N.V., GE HealthCare Technologies, Inc., Siemens Healthineers AG (Siemens AG), Spacelabs Healthcare (OSI Systems, Inc.), Agfa-Gevaert Group, MIM Software, Inc., Esaote SpA, Aquilab SAS (Coexya), and Merative L.P. (Francisco Partner)
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By Modality
By End User
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By Geography
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