Global Medical Image Analysis Software market trends 2024, Forecast To 2033
6 Feb, 2024
The medical image analysis software market has exhibited rapid growth, increasing from $3.66 billion in 2023 to $4.05 billion in 2024, indicating a compound annual growth rate (CAGR) of 10.8%. The growth in the historic period is attributed to the aging population, rise in healthcare costs, patient-centric care, global health preparedness, and clinical research and trials. Anticipating rapid growth in the next few years, the market size is expected to reach $5.96 billion in 2028, supported by an expected CAGR of 10.1%. This growth in the forecast period is linked to precision medicine, disease diagnosis and monitoring, minimizing interpretation errors, remote image analysis services, and quantitative imaging biomarkers. Major trends in the forecast period include 3D and 4D imaging, sustainable imaging solutions, AI-enhanced automation, data security and privacy, and advancements in medical imaging.
Global Medical Image Analysis Software Market Key Driver
The medical image analysis software market is anticipated to thrive due to the increasing incidence of chronic diseases. With chronic diseases on the rise, medical image analysis software aids in early detection. According to NCBI, the global count of people with chronic diseases is projected to reach 142.66 million by 2050, up from 71.522 million in 2020. This growing prevalence drives the medical image analysis software market in 2023, 2024, and 2028.
Get A Free Sample Of The Global Medical Image Analysis Software Market ReportGlobal Medical Image Analysis Software Market Segments
The global medical image analysis software market covered in this report is segmented –
1) By Type: Integrated Software, Standalone Software
2) By Image Type: 2D Image, 3D Image, 4D Image
3) By Modality: Tomography, Ultrasound Imaging, Radiographic Imaging, X-ray Imaging, MRI, Other Modalities
4) By Application: Orthopedics, Dental Applicationa, Neurology, Cardiology, Oncology, Obstetrics and Gynecology, Mammography, Other Applications
5) By End User: Hospital, Diagnostic Center, Research Center, Other End Users
By Geography: The regions covered in the Medical Image Analysis Software market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa.
Major Medical Image Analysis Software Industry Players
Aquilab SAS, Carestream Health Inc., Esaote S.p.A, GE HealthCare Technologies Inc., Image Analysis Group, INFINITT Healthcare Co. Ltd., Merge Healthcare Inc., MIM Software Inc., Mirada Medical Limited, Philips Healthcare, ScienceSoft USA Corporation, Siemens AG, Toshiba Medical Systems Corporation, Xinapse Systems Ltd., AGFA Healthcare, Aktien-Gesellschaft für Anilin-Fabrikation Group, Aidoc Medical, Arterys Inc., Blackford Analysis Ltd., Butterfly Network Inc., Canon Medical Systems Corp., ContextVision AB, Fujifilm Medical Systems Corp., Hologic Inc., Life Image Inc., Mirai Medical Co., Nines Radiology inc., PathAI Inc., Pie Medical Imaging BV, Quibim, Riverain Technologies, Sectra AB, Spintech Holdings inc., Subtle Medical Inc.
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Medical Image Analysis Software Market Overview
Medical image analysis software is a software that allows for the quantitative analysis and display of medical images from a variety of modalities, including PET, MRI, CT, and microscopy.
Medical Image Analysis Software Global Market Report 2023 provides data on the global medical image analysis software market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The medical image analysis software market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.