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Medical Imaging Analysis Software Market to Witness Considerable Upsurge During 2022-2028 | Xinapse Systems Ltd., Siemens Healthcare GmbH, ScienceSoft USA Corporation, Koninklijke Philips NV

09-13-2022 02:06 PM CET | Health & Medicine

Press release from: Coherernt Market Insights

Medical Imaging Analysis Software Market

Medical Imaging Analysis Software Market

The primary goal of the Medical Imaging Analysis Software Market report is to provide readers with a low-cost understanding of the industry that has been examined utilising primary and secondary research methods. This Medical Imaging Analysis Software Market report's primary goal is to provide a comprehensive overview and strategic analysis of the parent industry. The research comprehensively analyses each segment as well as any associated sub-segments that are present in the market. By analysing the market's growth, share, volume, and anticipated industry trends, the research offers a thorough understanding of the industry parameters and, as a result, the various price variations for the anticipated year.

The Medical Imaging Analysis Software Market report also offers impartial, unbiased assessment and analysis of prospects in the Medical Imaging Analysis Software Industry along with a methodical market study report encompassing a number of other crucial market aspects. With the sole purpose of supporting our clients in making informed business decisions, these qualified industry analysts assess the cost, market share, growth potential, technologies, market sizing, supply chains, applications, export & import, businesses, and more.

The global medical imaging analysis software market was valued at US$ 3612.77 Mn in 2022 and is forecast to reach a value of US$ 6002.05 Mn by 2028 at a CAGR of 8.6% between 2022 and 2028.

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Global Medical Imaging Analysis Software Market Drivers:

Increasing usage of imaging equipment due to rising prevalence of chronic diseases across the globe is expected to augment growth of the global medical imaging analysis software market during the forecast period. Medical imaging can detect chronic disorders that may not display apparent symptoms yet. Increases in number of imaging procedures and increasing prevalence of chronic diseases have raised the demand for novel image analysis software worldwide. For instance, as per the Centers for Disease Control and Prevention (CDC), 6 in 10 Americans live with at least one chronic disease, such as heart disease and stroke, cancer, or diabetes, some of the leading causes of death and disability in the U.S.

Rise in demand for diagnostic imaging software in fields, such as urology, orthopedics, dental, oncology, and neurology is expected to boost the growth of the global medical imaging analysis software market during the forecast period. Medical imaging analysis plays vital role in modern medicine, as imaging software provides important insights into potential disease mechanisms. For instance, in August 2020, Random Walk Imaging AB (RWI) announced the launch of its first commercial software product for clinical researchers and radiologists. dVIEWR Powered by MICE Toolkit is the result of a collaboration with NONPI Medical, with whom RWI has entered into an exclusive license and development agreement to market dVIEWR worldwide.

Global Medical Imaging Analysis Software Market Opportunities:

Rising applications of computer-aided diagnosis worldwide is expected to provide significant growth opportunities for players in the global medical imaging analysis software market. For instance, according to a GE Healthcare press release (December 2020), deep learning software (a type of machine learning and artificial intelligence, or AI) can improve medical imaging in hospitals and other care facilities by producing images in a shorter amount of time.

Implementation of artificial intelligence (AI) in medical imaging is expected to offer lucrative growth opportunities for players in the global medical imaging analysis software market. For instance, in June 2020, GE Healthcare announced the launch Thoracic Care Suite designed to detect and highlight eight common conditions, such as tuberculosis and pneumonia, including those linked to COVID-19, using their algorithms.

The major players operating in this market has been profiled in a manner which discloses key details about the companies, including the company overview, products and services, recent news, technological developments, innovations, revenue, key financials, and SWOT analysis.

Xinapse Systems Ltd., Siemens Healthcare GmbH, ScienceSoft USA Corporation, Koninklijke Philips NV, Carestream Health, AQUILAB SAS, General Electric Company (GE Healthcare), Canon Inc. (Canon Medical Systems, United States), Agfa-Gevaert Group, and International Business Machines Corporation (IBM), among others.

Key features of the study:

This report provides in-depth analysis of the global medical imaging analysis software market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global medical imaging analysis software market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
What are the key dynamic factors that are detailed in the report?

Key Market Dynamics: The most recent market trends, growth patterns, and research techniques are covered in full in the Medical Imaging Analysis Software Market research study. The production methods and techniques, development platforms, and the product model themselves are the variables that directly influence the market's growth, and even a minor adjustment can cause further modifications to the report as a whole. The research paper goes into great length to describe each of these elements.

Market Outlook: The study also discusses some of the main elements, such as regional and worldwide growth of the leading market participants and R&D, new product launches, M&A, agreements, partnerships, joint ventures, and collaborations.

Major Features: Cost, capacity, capacity utilisation rate, production, revenue, production rate, consumption, import/export, supply/demand, gross, market share, CAGR, and gross margin are just a few of the major elements that are thoroughly examined in the study. In addition, the research offers a thorough analysis of the major driving forces and market trends, as well as the pertinent market segments and sub-segments.

Analytical Tools: The SWOT analysis, Porter's five forces analysis, investment return analysis, and feasibility study are just a few of the analytical techniques used in the Medical Imaging Analysis Software Market report to carefully examine and assess information on the major competitors and the extent of their markets. These resources have been effectively employed to analyse the expansion of significant market players.

Potential Customers: The report offers detailed insights to users, service providers, suppliers, manufacturers, stockholders, and individuals who are interested in evaluating and self-studying this market.

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Table of Content

Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
Market Preview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Image Type
Market Snapshot, By Modality
Market Snapshot, By Software Type
Market Snapshot, By End User
Market Snapshot, By Geography
Coherent Opportunity Map (COM)
Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Increasing prevalence of chronic diseases
High cost of medical imaging devices
Outbreak of COVID-19 (global pandemic)
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario
Medical Imaging Analysis Software Market - Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
Continued....

The study also discusses the main market-centered growth and restricting variables that have a significant impact on the market's development, either positively or negatively. The paper details how the administration's rules and policies have affected recent growth and upcoming prospects that could accelerate industry expansion. The Medical Imaging Analysis Software Market research provides clients with a more comprehensive understanding of the global market, enabling them to manage their businesses more effectively and achieve greater growth and expansion than their rivals.

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About Coherent Market Insights

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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