Global Medical Image Analysis Software Market Size is Expected To Reach USD 5.49 Billion By 2030

 Medical Image Analysis Software Industry Overview

The global medical image analysis software market size was valued at USD 2.90 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 7.5% over the forecast period. A rise in demand for diagnostic imaging software in fields, such as dental, orthopedics, urology, neurology, and oncology, is likely to contribute to the market growth. The growing adoption of ultrasound imaging systems to facilitate faster diagnosis, particularly of chronic diseases, is expected to propel the demand. In addition, continuous developments in the field of imaging technology, such as Computer-aided Diagnosis (CAD), are anticipated to bolster the demand for these platforms. The introduction of Artificial Intelligence (AI) in medical imaging has changed the market dynamics in recent years and is anticipated to positively influence growth in the near future.

The AI-based solutions have various applications in medical imaging including diagnosis, detection, image analysis, and clinical decision support. Though AI adoption is in the early phase in MRI and CT technologies, rising demand for accuracy, efficiency, and patient safety is anticipated to boost the adoption of AI-enabled medical imaging over the forecast period. The adoption of technologically advanced products, such as multimodality imaging platforms and 3D imaging, and benefits associated with the use of these systems, such as high-resolution imaging, convenient use, and flexibility, are contributing to the growing demand. The introduction of technologically advanced products and the advent of efficient information management systems are expected to drive market growth in the coming years.

 

Gather more insights about the market drivers, restrains and growth of the Global Medical Image Analysis Software market

 

Focus on innovation in medical image analysis has also given rise to certain measures that are being implemented.Furthermore, medical image processing can assist in disease diagnosis, treatment, and early detection. It has been regarded as one of the most cutting-edge technologies used to combat the COVID-19 crisis. In the context of COVID-19 disease, numerous AI, machine learning, and deep learning approaches have been used in medical image processing, which will further drive market growth.Diagnostic and research centers are expected to emerge as crucial end users of image analysis solutions owing to the rising demand for efficient solutions for better patient outcomes. These segments accounted for smaller revenue shares as they commonly outsource imaging services from hospitals.

 

Browse through Grand View Research's Healthcare IT Industry Research Reports.

 

  • Healthcare Bioconvergence Market - The global healthcare bioconvergence market was valued at USD 110.9 billion in 2021 and is anticipated to expand at a compound annual growth rate (CAGR) of 7.4% from 2022 to 2030.

 

Medical Image Analysis Software Market Segmentation

Grand View Research has segmented the global medical image analysis software market on the basis of software type, modality, imaging type, application, end use, and region:

Medical Image Analysis Software Type Outlook (Revenue, USD Million, 2017 - 2030)

  • Integrated
  • Stand-alone

Medical Image Analysis Software Modality Outlook (Revenue, USD Million, 2017 - 2030)

  • Tomography
    • Computed Tomography
    • Magnetic Resonance Imaging
    • Positron Emission Tomography
    • Single-Photon Emission Tomography
  • Ultrasound Imaging
  • Radiographic Imaging
  • Combined Modalities

Medical Image Analysis Software Imaging Type Outlook (Revenue, USD Million, 2017 - 2030)

  • 2D Imaging
  • 3D Imaging
  • 4D Imaging

Medical Image Analysis Software Application Outlook (Revenue, USD Million, 2017 - 2030)

  • Orthopedic
  • Dental
  • Neurology
  • Cardiology
  • Oncology
  • Obstetrics & Gynecology
  • Mammography
  • Urology & Nephrology

Medical Image Analysis Software End-use Outlook (Revenue, USD Million, 2017 - 2030)

  • Hospitals
  • Diagnostic Centers
  • Ambulatory Surgical Centers(ASCs)
  • Others (Academic & Research Centers)

Medical Image Analysis Software Regional Outlook (Revenue, USD Million, 2017 - 2030)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

 

Key Companies profiled:

Some prominent players in the global medical image analysis software market are:

  • Toshiba Medical Systems Corp.
  • Bruker Corp.
  • Xinapse Systems Ltd.
  • Esaote, Inc.
  • ClaroNAv, Inc.
  • Merge Healthcare Inc.
  • Aquilab GmbH
  • Spacelabs Healthcare, Inc.
  • MIM Software Inc.
  • Carestream Health, Inc.
  • Agfa-Gevaert Corp.
  • Philips Healthcare
  • Siemens Healthineers
  • GE Healthcare 

 

Order a free sample PDF of the Medical Image Analysis Software Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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