Press release
Medical Image Processing Software Market Growing Demands and Outlook 2023 to 2028 | Elekta, Philips, Esaote
The Worldwide Medical Image Processing Software Market was worth USD 3.0 billion in 2023, and it is predicted to increase at a compound annual growth rate (CAGR) of 7.2% between 2023 and 2028. Demand for diagnostic imaging software in industries such as dentistry, orthopedics, urology, neurology, and cancer is expected to drive market growth. The increasing use of ultrasonic imaging equipment for speedier diagnosis, particularly of chronic disorders, is likely to drive demand. Furthermore, ongoing advancements in imaging technologies, such as Computer-aided Diagnosis (CAD), are expected to boost demand for these systems. The implementation of Artificial Intelligence (AI) in medical imaging has altered market dynamics in recent years and is expected to continue.
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The Key companies profiled in the Medical Image Processing Software Market:
The study examines the Medical Image Processing Software Market's competitive landscape and includes data on Elekta, Philips, Esaote, Lexmark, MIM Software, GE, Elsevier, Toshiba, Riverain Technologies, Brain Innovation & Others.
Global Medical Image Processing Software Market Split by Product Type and Applications
This report segments the Medical Image Processing Software Market on the basis of Types:
2D Images
3D Images
4D Images
On the basis of Application, the Medical Image Processing Software Market is segmented into:
Diagnostic Centers
Research and Development Institutes
Hospitals
AI-based systems offer a wide range of applications in medical imaging, including diagnosis, detection, image processing, and clinical decision support. Though AI use in MRI and CT technologies is in its early stages, an increased need for accuracy, efficiency, and patient safety is expected to drive the adoption of AI-enabled medical imaging throughout the forecast period. The adoption of technologically sophisticated goods, such as multimodality imaging platforms and 3D imaging, as well as the benefits associated with their usages, such as high-resolution imaging, ease of use, and flexibility, are all contributing to the expanding demand. The launch of technologically improved goods and the development of effective information management systems are projected to fuel medical image processing software market expansion in the future years.
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North America led the medical image processing software market in 2022, accounting for more than 37.0% of worldwide revenue. This expansion is due to the availability of well-established healthcare institutions with modern diagnostic equipment, as well as favorable government measures to boost the use of healthcare IT in this region. Furthermore, rising R&D investments and the presence of significant market competitors are fueling regional market expansion. MIM Software Inc. announced a global agreement with GenesisCare, a provider of comprehensive cancer care.
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4. It gives pin point investigation of changing rivalry elements and keeps you in front of contenders.
5. It helps in settling on educated business choices by having total bits of knowledge of the market and by making inside and out investigations of market sections.
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Market Segmentation:
Medical Image Processing Software market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
The industry is very competitive, with only a few corporations dominating the worldwide medical image processing software market. The sector is technologically oriented, with ongoing R&D being conducted for the development of cost-effective diagnostic solutions. To obtain an advantage over their competitors, competitors are implementing methods such as collaborative agreements, collaborations, mergers and acquisitions, geographical expansions, and new product development.
Major Point of Table of Contents:
Chapter 1 Industry Overview
Chapter 2 Global Medical Image Processing Software Competition by Types, Applications, and Top Regions and Countries
Chapter 3 Production Market Analysis
Chapter 4 Global Medical Image Processing Software Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America Medical Image Processing Software Market Analysis
Chapter 6 East Asia Medical Image Processing Software Market Analysis
Chapter 7 Europe Medical Image Processing Software Market Analysis
Chapter 8 South Asia Medical Image Processing Software Market Analysis
Chapter 9 Southeast Asia Medical Image Processing Software Market Analysis
Chapter 10 Middle East Medical Image Processing Software Market Analysis
Chapter 11 Africa Medical Image Processing Software Market Analysis
Chapter 12 Oceania Medical Image Processing Software Market Analysis
Chapter 13 South America Medical Image Processing Software Market Analysis
Chapter 14 Company Profiles and Key Figures in Medical Image Processing Software Business
Chapter 15 Global Medical Image Processing Software Market Forecast (2023-2028)
Chapter 16 Conclusions
Research Methodology..
Global Medical Image Processing Software Market Research FAQs
1. How this industry expected to grow by 2028?
2. Which key trends are driving the demand for this Medical Image Processing Software market?
3. Which segment of this market accounted for largest share in 2023?
4. Who are the prominent manufacturers in this market?
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