logo

Advanced Visualization Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Advanced Visualization Market is segmented by Products and Service (Hardware and Software, and Services), Type of Solution, Imaging Modality, and Geography.

Home Industry Reports Healthcare Advanced Visualization Market - Growth, Trends, COVID-19 Impact, and Forecasts ( ...

Advanced Visualization Market Snapshot

Advanced Visualization Market
Study Period: 2018 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: 11.3 %

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

The advanced visualization market is expected to register a CAGR of 11.3% over the forecast period. The major factors for the growth of the market include the increasing prevalence of chronic diseases coupled with growing geriatric population, and rising awareness of benefits associated with advanced visualization tools in disease diagnosis.

According to the United States Census Bureau’s Statistics as of 2017, the total number of people aged 65 and older had exceeded 50 million, and between 2020-2030 the number of elderly people is projected to increase by almost 18 million. Although much smaller in total size, the number of people aged 85 and older is expected to be more than triple from an estimated 6 million currently to nearly 20 million by 2060. The rise in geriatric population will increase the patient pool suffering from various chronic diseases and advanced visualization tools are expected to increase the correct diagnosis rate among the patients. Hence, the market is expected to witness high growth.

Scope of the Report

As per the scope of the report, the advanced visualization is a new-generation data visualization platform that helps end users to view data in depth and provides an enhanced image quality. It helps the specialists with a better understanding of clinical issues, thus leading to high-quality healthcare facilities. The market is segmented by Products and Service, Type of Solution, Imaging Modality, Clinical Application, and Geography.

By Product & Service
Hardware
Software
Services
By Type of Solution
Enterprise
Standalone
By Imaging Modality
Magnetic Resonance Imaging (MRI)
Computed Tomography (CT)
Ultrasound
Nuclear Medicine
Other
By Clinical Application
Oncology
Orthopedics
Cardiovascular
Neurology
Others
Geography
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle-East and Africa
GCC
South Africa
Rest of Middle East and Africa
South America
Brazil
Argentina
Rest of South America

Report scope can be customized per your requirements. Click here.

Key Market Trends

Oncology Segment by Clinical Application is Expected to Witness High Growth over the Forecast Period

The major factors driving growth of the market includes rising technological advancements and increase in the adoption of the advanced visualization tools in healthcare facilitites. Furhermore, the rising prevalence of various types of cancer is expected to boost the demand for advanced visualization systems over the forecast period. The global cancer burden is increasing, and thus, cancer therapies must be modified according to regional and national priorities. According to the World Cancer Research Fund, in 2018, there were an estimated 18 million cancer cases around the world, out of which, 9.5 million cases were in men and 8.5 million in women.

Also, major market players are launching new products in the market. For instance, in Febrauary 2019, Philips announced the launch of IntelliSpace Portal 11, which is an advanced visualization and quantification software.

Thus, considering all the above mentioned factors the market is expected to witness high CAGR over the forecast period.

ister a CAGR of 11.3% during the forecast period.

North America is Expected to hold a Significant Market Share over the Forecast Period

North America expected to hold a major market share in the global advanced visualization market due to increasing cases of chronic diseases and presence of better healthcare infrastructure. Information systems have tremendous potential in reducing healthcare costs and improving outcomes. These systems play a major role, not only in reducing costs but also in improving the accurate diagnosis. In the United States most of the hospitals are focusing on providing the value-based care. The advanced visualization systems are expected to help healthcare providers to do the same. Hence, the market is expected to witness high growth over the forecast period.

ister a CAGR of 11.3% during the forecast period.

Competitive Landscape

The advanced visualization market is moderately consolidated market. Some of the market players in advanced visualization market are AGFA-Gevaert N.V., Canon Medical Systems, Carestream Health, Inc., Fujifilm Holdings Corporation, GE Healthcare, Koninklijke Philips N.V., PRO Medicus Limited, Siemens Healthineers, and Terarecon, Inc.

ister a CAGR of 11.3% during the forecast period.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Increasing Prevalence of Chronic Diseases Coupled With Growing Geriatric Population

      2. 4.2.2 Rising Awareness of Benefits associated with Advanced Visualization Tools in Disease Diagnosis

    3. 4.3 Market Restraints

      1. 4.3.1 Limited Availability of Reimbursements for Radiology-Based Diagnostic Procedures

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Product & Service

      1. 5.1.1 Hardware

      2. 5.1.2 Software

      3. 5.1.3 Services

    2. 5.2 By Type of Solution

      1. 5.2.1 Enterprise

      2. 5.2.2 Standalone

    3. 5.3 By Imaging Modality

      1. 5.3.1 Magnetic Resonance Imaging (MRI)

      2. 5.3.2 Computed Tomography (CT)

      3. 5.3.3 Ultrasound

      4. 5.3.4 Nuclear Medicine

      5. 5.3.5 Other

    4. 5.4 By Clinical Application

      1. 5.4.1 Oncology

      2. 5.4.2 Orthopedics

      3. 5.4.3 Cardiovascular

      4. 5.4.4 Neurology

      5. 5.4.5 Others

    5. 5.5 Geography

      1. 5.5.1 North America

        1. 5.5.1.1 United States

        2. 5.5.1.2 Canada

        3. 5.5.1.3 Mexico

      2. 5.5.2 Europe

        1. 5.5.2.1 Germany

        2. 5.5.2.2 United Kingdom

        3. 5.5.2.3 France

        4. 5.5.2.4 Italy

        5. 5.5.2.5 Spain

        6. 5.5.2.6 Rest of Europe

      3. 5.5.3 Asia-Pacific

        1. 5.5.3.1 China

        2. 5.5.3.2 Japan

        3. 5.5.3.3 India

        4. 5.5.3.4 Australia

        5. 5.5.3.5 South Korea

        6. 5.5.3.6 Rest of Asia-Pacific

      4. 5.5.4 Middle-East and Africa

        1. 5.5.4.1 GCC

        2. 5.5.4.2 South Africa

        3. 5.5.4.3 Rest of Middle East and Africa

      5. 5.5.5 South America

        1. 5.5.5.1 Brazil

        2. 5.5.5.2 Argentina

        3. 5.5.5.3 Rest of South America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 AGFA-Gevaert N.V.

      2. 6.1.2 Canon Medical Systems

      3. 6.1.3 Carestream Health, Inc.

      4. 6.1.4 Fujifilm Holdings Corporation

      5. 6.1.5 GE Healthcare

      6. 6.1.6 Koninklijke Philips N.V.

      7. 6.1.7 PRO Medicus Limited

      8. 6.1.8 Siemens Healthineers

      9. 6.1.9 Terarecon, Inc.

      2. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments

You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The Advanced Visualization Market market is studied from 2018 - 2026.

The Advanced Visualization Market is growing at a CAGR of 11.3% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2020.

AGFA-Gevaert N.V., Canon Medical Systems, Fujifilm Holdings Corporation, GE Healthcare, Koninklijke Philips N.V. are the major companies operating in Advanced Visualization Market.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!