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The market is segmented by Imaging Type (2D Imaging, 3D imaging, and 4D imaging), by Application (Dental Applications, Orthopedic Applications, Cardiology Applications, Obstetrics and Gynecology Applications, Mammography Applications and Urology and Nephrology Applications), and Geography.
Fastest Growing Market:
The medical imaging software market was valued at USD 3.16 billion in 2019 and is expected to reach a value of USD 4.86 billion by 2025, witnessing a CAGR of 9.01%, over the forecast period, 2020-2025. Machine learning and artificial intelligence have attracted the healthcare industry as these innovative analytics strategies have become more accurate and precise.
Medical imaging is a part of healthcare practices across the globe which uses the latest technological advancements, software, and latest equipment in order to generate graphical representations of the interior of a body for diagnosis, clinical analysis, and medical intervention. The growing demand for health care services for the aging population has a major impact on the growth of the healthcare industry. It is supported by medical advances and improvements in medicine and technology, which is affecting the demand for healthcare services. The advancement of 3D/4D platforms and multimodality imaging platforms are acting as catalysts for this market.
|By Imaging Type|
|Obstetrics and Gynaecology Applications|
|Urology and Nephrology Applications|
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The competitive rivalry in this market is high because of the presence of dominant players like Siemens Healthcare, Philips Healthcare, GE Healthcare Inc., IBM Corporation, etc. The players in this industry are constantly working on developing their product portfolio to gain competitive advantages with mergers and acquisitions, partnerships, and constant innovations.
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Growing Application of Computer-Aided Diagnostic Methods
4.3 Market Restraints
4.3.1 Dearth of Skilled Professionals and High Set-up Cost of the Equipment
4.4 Industry Value Chain Analysis
4.5 Industry Attractiveness - Porter's Five Forces Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers/Consumers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Imaging Type
5.1.1 2D Imaging
5.1.2 3D Imaging
5.1.3 4D Imaging
5.2 By Application
5.2.1 Dental Applications
5.2.2 Orthopaedic Applications
5.2.3 Cardiology Applications
5.2.4 Obstetrics and Gynaecology Applications
5.2.5 Mammography Applications
5.2.6 Urology and Nephrology Applications
5.2.7 Other Applications
5.3.1 North America
22.214.171.124 United States
126.96.36.199 United Kingdom
188.8.131.52 Rest of Europe
184.108.40.206 Rest of Asia-Pacific
5.3.4 Rest of the World
220.127.116.11 Latin America
18.104.22.168 Middle-East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 General Healthcare Company (GE)
6.1.2 Koninklijke Philips N.V.
6.1.3 Siemens Healthcare
6.1.4 Canon Medical Systems Corporation
6.1.5 Agfa–Gevaert HealthCare
6.1.6 Novarad Corporation
6.1.7 Carestream Health Inc.
6.1.8 Esaote SpA.
6.1.9 MIM Software Inc.
6.1.10 Fujifilm Holding Company
6.1.11 Cerner Corporation
6.1.12 Change Healthcare
7. INVESTMENT ANALYSIS
8. MARKET OPPORTUNITIES AND FUTURE TRENDS