An increase in the prevalence of chronic diseases, unusual incidents in the pharmaceutical industry, and a rise in government and private financing are driving the demand for the market.

Medical Image Analytics Market Size – USD 2.53 billion in 2019, Medical Image Analytics Market Growth - CAGR of 7.9%, Medical Image Analytics Market Trends – High demand from developing nations.

Recent advances in medical imaging devices have paved the way for innovative solutions which have rendered diagnosis more comfortable for patients. A significant increase in the number of such events is likely to boost demand development for medical imaging equipment in the future.

The growing geriatric population, coupled with the chronic diseases they experience, is projected to fuel growth in the demand for medical imaging equipment. However, exorbitant premiums are associated with medical imaging tests combined with restricted access to the necessary infrastructure that impedes the growth of the medical imaging devices markets.

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Key Highlights From The Report

• Ultrasound imaging, in the Modality segment, is anticipated to grow with a CAGR of 8.1% during the forecast period, owing to benefits such as fast detection and precision, non-invasiveness, and no direct susceptibility to ionizing radiation.
• By End Use, the diagnostic centers segment expected to grow with a CAGR of 8.2% in the forecasted period, attributable to the installed base of diagnostic imaging services and management of the inflow of visitors, coupled with the beneficial payment policies by policymakers across the globe.
• North America dominated the market for Medical Image Analytics in 2019, attributable to the existence of well-established healthcare facilities with specialized testing equipment in this area and favorable policies to promote the adoption of healthcare IT. North America region held approximately 38.0% of the market, followed by Europe.
• Key participants include Agfa-Gevaert Corporation, Toshiba Medical Systems Corporation, Spacelabs Healthcare Inc., Xinapse Systems Ltd., Carestream Health Inc., Merge Healthcare Inc., Siemens Healthineers, Philips Healthcare, MIM Software Inc., and Bruker Corporation, among others.

Medical Image Analytics Market Segmentation:

Emergen Research has segmented the global Medical Image Analytics Market on the basis of modality, end-use, application, and region:

• Modality Outlook (Revenue, USD Billion; 2017-2027)
  • Tomography
  • Ultrasound Imaging
  • Radiographic Imaging
  • Combined Modalities
• End-Use Outlook (Revenue, USD Billion; 2017-2027)
  • Hospitals
  • Diagnostic Centers
  • Ambulatory Surgical Centers
  • Others
• Application Outlook (Revenue, USD Billion; 2017-2027)
  • Orthopedic
  • Neurology
  • Cardiology
  • Oncology
  • Mammography
  • Others

Regional Analysis of the Medical Image Analytics Market:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

AsiaPacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Full Coverage of the Report:

• The authors of this report have performed qualitative and quantitative assessments of the global Medical Image Analytics industry and further conducted market estimation for the forecast years of 2020-2027.
• The report assesses the global Medical Image Analytics market in detail, focusing on the technological advancements, various industry verticals, distribution channels, diverse product types, and the broad application outlook.
• A wide-ranging analysis of the global Medical Image Analytics market’s geographical scenario is an integral part of the report.
• In the conclusive section, the report discusses the company profiles of the key market players at length. This section takes a closer look at the financial positions, recent trends and developments, product offerings, and business expansion tactics of the market contenders.

Table Of Content:

Chapter 1. Methodology & Sources
    1.1. Market Definition
    1.2. Research Scope
    1.3. Methodology
    1.4. Research Sources
          1.4.1. Primary
          1.4.2. Secondary
          1.4.3. Paid Sources
    1.5. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Medical Image Analytics Market Segmentation & Impact Analysis
    4.1. Medical Image Analytics Market Material Segmentation Analysis
    4.2. Industrial Outlook
          4.2.1. Market indicators analysis
          4.2.2. Market drivers analysis
                    4.2.2.1. Growing applications of computer-aided diagnosis
                    4.2.2.2. Cloud based image analysis software
          4.2.3. Market restraints analysis
                    4.2.3.1. Budgetary constraints
    4.3. Technological Insights
    4.4. Regulatory Framework
    4.5. Porter’s Five Forces Analysis
    4.6. Competitive Metric Space Analysis
    4.7. Price trend Analysis
    4.8. Covid-19 Impact Analysis

READ MORE…!

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