Medical Image Analysis Software Market to Obtain a Valuation of US$4.6 bn by 2024, Says TMR

News provided by

Oct 17, 2018, 07:30 ET

ALBANY, New York, October 17, 2018 /PRNewswire/ --

TMR prophesies the global medical image analysis software market to record an 8.34% CAGR between 2017 and 2024 to obtain a valuation of US$4.6 bn by the end of the final forecast year. In 2017, the global medical image analysis software market was worth a US$2.6 bn.

(Logo: https://mma.prnewswire.com/media/664869/Transparency_Market_Research_Logo.jpg )

Among different imaging types, 3D imaging could take the lead in the global medical image analysis software market by the end of 2024 as it bags a 54.7% share. It is commonly employed in PET, MRI, CT, and other imaging modalities. Geographically, the global medical image analysis software market is foreseen to witness North America showing great growth potential owing to impressive adoption of new technologies.

Get PDF Brochure for Research Insights at https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=5306

High Prevalence of Chronic Diseases to Increase Demand in Market

The global medical image analysis software market is foretold to achieve growth while riding on the growing incidence of cardiovascular disease, cancer, and other chronic diseases. High demand for tools that could help identify the presence of diseases in the human body at an early phase could set the tone for significant growth of the global medical image analysis software market.

On the other hand, the rising need to improve the examination of diagnostic images is anticipated to stoke the demand in the global medical image analysis software market. This could be supported by the increase in geriatric population in key regions of the global medical image analysis software market.

Request a Sample Report at https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=5306

Deep Penetration of Standalone Software Vendors to Threaten Market

The global medical image analysis software market may encounter challenges in the light of the shortfall in the required number of skilled professionals and high penetration of standalone software companies. The demand in the global medical image analysis software market could show lethargic growth due to the expensive cost of products.

However, the introduction of 4D imaging in the global medical image analysis software market is envisaged to create lucrative business opportunities. Players could look to expand into developing countries for extending their presence in the global medical image analysis software market. Moreover, the integration of cloud-based image analysis solutions and AI is projected to augur well for the global medical image analysis software market.

Request for Discount on This Report at https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=5306

The global medical image analysis software market is prognosticated in a report by Transparency Market Research (TMR) to stay highly fragmented due to the presence of multitudinous players. End users have a number of options at their disposal because of the availability of a massive pool of companies operating in the global medical image analysis software market.

The competitive landscape could witness a few players showing dominance over other participants in the global medical image analysis software market. For instance, Agfa-Gevaert N.V., GE Healthcare, and Siemens Healthineers are expected to take command over the global medical image analysis software market. This could be by dint of the inclusion of technologically sophisticated offerings in their product portfolio.

Browse Press Release at https://www.transparencymarketresearch.com/pressrelease/medical-image-analysis-software-market.htm

The information presented here is based on a TMR report titled "Medical Image Analysis Software Market (Software - Integrated and Standalone; Imaging - 2D, 3D, and 4D; Modality - CT, MRI, PET, SPECT, Ultrasound, and Radiographic Imaging; Application - Cardiology, Orthopedic, Oncology, Neurology, Nephrology, Dental, and Gynecology; End User - Hospitals, Clinics, Research and Academic Institutes, Diagnostic Centers, and Ambulatory Surgical Centers) - Global Industry Analysis, Size, Share, Volume, Growth, Trends, and Forecast 2017 - 2024."

Browse More Healthcare Market Research Reports

Popular Research Reports by TMR:

Medical Imaging Equipment Services Market (Service Provider - Original Equipment Manufacturers, Independent Service Providers; Service Type - Equipment Removal and Relocation, Equipment Repair and Maintenance, Refurbished Systems, Technical Training, Software Upgrades; End use - Hospitals, Diagnostic Centers; Modality - Computed Tomography (CT), Magnetic Resonance Imaging (MRI), X-ray, Ultrasound): https://www.transparencymarketresearch.com/us-substance-abuse-treatment-market.html
Refurbished Medical Imaging Equipment Market ( Product - CT Scanners, MRI Systems, X-ray Systems, Ultrasound; End use - Hospitals, Diagnostic Centers, Ambulatory Surgical Centers): https://www.transparencymarketresearch.com/smoking-cessation-nicotine-de-addiction-products.html
Medical Imaging Information System Market (Modality - Computed Tomography, Magnetic Resonance Imaging, Positron Emission Tomography, Ultrasound, X-RAY, and Mammography; End User - Hospitals, Diagnostic Imaging Centers, and Ambulatory Surgical Centers (ASCs); Software Type - PACS System Management, Radiology Information Systems, and Integrated Software Solutions): https://www.transparencymarketresearch.com/medical-imaging-information-system-market.html

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR's data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact:
Mr. Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: [email protected]