Global Medical Image Analysis Software Overview
Medical image analysis software consists of two major items RIS (Radiology Information System) for patient administration and PACS (Picture archiving also communication systems) to view, store, and share images. This software is used in dental, orthopedics, neurology, gynecology, mammography, and respiratory application. Medical image computing (MIC) is an interdisciplinary field at the intersection of computing, information engineering, EE, physics, mathematics and medicine. This field develops computational and mathematical methods for solving problems concerning medical images and their use for biomedical research and clinical care. The main goal of MIC is to extract clinically relevant information or knowledge from medical images. While closely associated with the sector of medical imaging, MIC focuses on the computational analysis of the pictures, not their acquisition. The methods are often grouped into several broad categories: image segmentation, image registration, image-based physiological modeling, et al. The Global Medical Image Analysis Software Market accounted for US$ 3309.46 million in 2020 and is estimated to be US$ 7740.86 million by 2030 and is anticipated to register a CAGR of 8.9%.
Global Medical Image Analysis Software Drivers & Restraints
Increasing incidences of chronic diseases
Increasing incidences of chronic diseases across the globe has created more demand for medical image analysis software in turn driving growth of the global medical image analysis software market. In addition, rising adoption of fusion of imaging technologies is expected to propel the growth of target market. However, a budgetary constraint among end-users is hampering growth of the global medical image analysis software market. Rising prevalence of chronic diseases across the globe is major factor driving growth of the global medical image analysis software market. In addition, growing use of fusion imaging technologies which is important tools in clinical practices also utilized for cancer care fuels growth of the target market.
Technological advancements in medical image analysis software
Furthermore, technological advancements in medical image analysis software, coupled with rising applications of computer-aided diagnosis are another factors propelling growth of the medical image analysis software market. Moreover, increasing public and private sector investments in medical image analysis software is expected to promote growth of the target market over the forecast period.
Budgetary constraint among end-user
However, a budgetary constraint among end-users is factor would hamper growth of the global medical image analysis software market. Increasing need for automated image analysis tools, rising adoption of cloud-based imaging solutions, and untapped emerging markets are some more factors which are expected to create lucrative growth opportunity for the major players operating in the global medical image analysis software market.
Global Medical Image Analysis Software Segmentations & Regional Insights
Global medical image analysis software market has been segmented on the basis of type, image type, modality, application, end-user, and region
On the basis of type, the target market is categorized into integrated software and standalone software. On the basis of image type, the global medical image analysis software market is bifurcated into 2D imaging, 3D imaging, and 4D imaging. On the basis of modality, the global medical image analysis software market is divided into tomography, ultrasound imaging, radiographic imaging, and combined modalities. Tomography sub-segment is classified into computed tomography (CT), magnetic resonance imaging (MRI), positron emission tomography (PET), and single-photon emission computed tomography (SPECT). Further, ultrasound imaging sub-segment is bifurcated into 2D ultrasound imaging, 3D/4D ultrasound imaging, and doppler imaging. Moreover, combined modalities sub-segment is segmented into PET/CT, SPECT/CT, and PET/MR. ON the basis of application, the global image analysis software market is classified into orthopedics, dental applications, neurology, cardiology, oncology, obstetrics and gynecology, mammography, respiratory applications, urology, and nephrology. On the basis of end-user, the target market is bifurcated into hospitals, diagnostic centers, and research centers.
Regional Insights:
For detailed understanding of market dynamics, the global image analysis software market is analyzed across key regions viz North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Each of these regions is analyzed on the basis of market findings across major countries in these regions for a macro-level understanding of the global market. In 2018, the market in North America is expected to account for the largest share of the global image analysis software market, owing to rising prevalence of various chronic diseases which in turn increases demand for image analysis software in the U.S. Increasing adoption of technologically advanced imaging systems, coupled with rising awareness about the benefits of early disease diagnosis are another factors that fuels growth of the North America image analysis software market. Europe image analysis software market has accounted for second-highest market share in the global market. This can be attributed to increasing demand for non-radiation diagnostic solutions in the European countries.
Attribute |
Details |
Base year for estimation |
2020 |
Forecast period |
2020 – 2030 |
Market representation |
Revenue in USD Million & CAGR from 2020 – 2030 |
Market Segmentation |
By Type: Integrated Software and Standalone Software By Image Type: 2D Imaging, 3D Imaging, and 4D Imaging By Modality: Tomography (Computed tomography (CT), Magnetic Resonance Imaging (MRI), Positron Emission Tomography (PET), and Single-Photon Emission Computed Tomography (SPECT)), Ultrasound Imaging (2D Ultrasound Imaging, 3D/4D Ultrasound Imaging, and Doppler Imaging), Radiographic Imaging, and Combined Modalities (PET/CT, SPECT/CT, and PET/MR) By Application: Orthopedics, Dental Applications, Neurology, Cardiology, Oncology, Obstetrics and Gynecology, Mammography, Respiratory Applications, Urology, and Nephrology By End-User: Hospitals, Diagnostic Centers, and Research Centers |
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Detailed Segmentation:
Global Medical Image Analysis Software Market, By Type:
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- Integrated software
- Standalone software
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Global Medical Image Analysis Software Market, By Image Type:
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- 2D imaging
- 3D imaging
- 4D imaging
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Global Medical Image Analysis Software Market, By Modality:
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- Tomography
- Computed tomography (CT)
- Magnetic resonance imaging (MRI)
- Positron emission tomography (PET)
- Single-photon emission computed tomography (SPECT)
- Ultrasound imaging
- 2D ultrasound imaging
- 3D/4D ultrasound imaging
- Doppler imaging
- Radiographic imaging
- Combined modalities
- PET/CT
- SPECT/CT
- PET/MR
- Tomography
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Global Medical Image Analysis Software Market, By Application:
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- Orthopedics
- Dental applications
- Neurology
- Cardiology
- Oncology
- Obstetrics and gynecology
- Mammography
- Respiratory applications
- Urology
- Nephrology
-
Global Medical Image Analysis Software Market, By End-User:
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-
- Hospitals
- Diagnostic centers
- Research centers
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Global Medical Image Analysis Software Market, By Region:
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- North America
- North America Medical Image Analysis Software Market, By Type
- North America Medical Image Analysis Software Market, By Image Type
- North America Medical Image Analysis Software Market, By Modality
- North America Medical Image Analysis Software Market, By Application
- North America Medical Image Analysis Software Market, By End-User
- North America Medical Image Analysis Software Market, By Country
- U.S.
- Canada
- Europe
- Europe Medical Image Analysis Software Market, By Type
- Europe Medical Image Analysis Software Market, By Image Type
- Europe Medical Image Analysis Software Market, By Modality
- Europe Medical Image Analysis Software Market, By Application
- Europe Medical Image Analysis Software Market, By End-User
- Europe Medical Image Analysis Software Market, By Country
- Germany
- UK
- France
- Russia
- Italy
- Switzerland
- Sweden
- Rest of Europe
- Asia-Pacific
- Asia-Pacific Medical Image Analysis Software Market, By Type
- Asia-Pacific Medical Image Analysis Software Market, By Image Type
- Asia-Pacific Medical Image Analysis Software Market, By Modality
- Asia-Pacific Medical Image Analysis Software Market, By Application
- Asia-Pacific Medical Image Analysis Software Market, By End-User
- Asia-Pacific Medical Image Analysis Software Market, By Country
- China
- India
- Australia and New Zealand
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Latin America Medical Image Analysis Software Market, By Type
- Latin America Medical Image Analysis Software Market, By Image Type
- Latin America Medical Image Analysis Software Market, By Modality
- Latin America Medical Image Analysis Software Market, By Application
- Latin America Medical Image Analysis Software Market, By End-User
- Latin America Medical Image Analysis Software Market, By Country
- Brazil
- Mexico
- Argentina and Chile
- Rest of Latin America
- Middle East
- Middle East Medical Image Analysis Software Market, By Type
- Middle East Medical Image Analysis Software Market, By Image Type
- Middle East Medical Image Analysis Software Market, By Modality
- Middle East Medical Image Analysis Software Market, By Application
- Middle East Medical Image Analysis Software Market, By End-User
- Middle East Medical Image Analysis Software Market, By Country
- GCC
- Israel
- Rest of Middle East
- Africa
- Africa Medical Image Analysis Software Market, By Type
- Africa Medical Image Analysis Software Market, By Image Type
- Africa Medical Image Analysis Software Market, By Modality
- Africa Medical Image Analysis Software Market, By Application
- Africa Medical Image Analysis Software Market, By End-User
- Africa Medical Image Analysis Software Market, By Country
- North Africa
- Central Africa
- South Africa
- North America
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Global Medical Image Analysis Software Competitive Landscape & Key Players
Some of the prominent players operating in the global image analysis software market include Agfa Healthcare Corporation, Aquilab SAS, Carestream Health, Inc., Esaote SpA, GE Healthcare Inc., Image Analysis Inc, INFINITT Healthcare Co, Ltd., Merge Healthcare, Inc., MIM Software Inc., Mirada Medical Limited, Philips Healthcare Informatics, Inc., ScienceSoft USA Corporation, Siemens Healthineers, Inc., and Toshiba Medical Systems Ltd. Technological advancements in the product as well as in manufacturing process, product launches, and strategic partnerships are some trends witnessed in the global image analysis software market.
Global Medical Image Analysis Software Company Profile
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- Agfa Healthcare Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- Aquilab SAS
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- Carestream Health, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- Esaote SpA
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- GE Healthcare Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- Image Analysis Inc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- INFINITT Healthcare Co, Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- Merge Healthcare, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- MIM Software Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- Mirada Medical Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- Philips Healthcare Informatics, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- ScienceSoft USA Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- Siemens Healthineers, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- Toshiba Medical Systems Ltd
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies Overview
- Agfa Healthcare Corporation
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FAQs
Global medical image analysis software market has been segmented on the basis of type, image type, modality, application, end-user, and region.
Increasing incidences of chronic diseases across the globe has created more demand for medical image analysis software in turn driving growth of the global medical image analysis software market.
North America is expected to account for the largest share of the global image analysis software market, owing to rising prevalence of various chronic diseases which in turn increases demand for image analysis software in the U.S.
Some of the prominent players operating in the global image analysis software market include Agfa Healthcare Corporation, Aquilab SAS, Carestream Health, Inc., Esaote SpA, GE Healthcare Inc., Image Analysis Inc, INFINITT Healthcare Co, Ltd., Merge Healthcare, Inc., MIM Software Inc., Mirada Medical Limited, Philips Healthcare Informatics, Inc., ScienceSoft USA Corporation, Siemens Healthineers, Inc., and Toshiba Medical Systems Ltd.