Medical Image Analysis Software Market to Grow at a CAGR of 7.9% to 2020

Press Release

Major factors contributing to the growth of the global medical image analysis software market include technological advancements, growing public- and private-sector investments, rapid growth in aging population, fusion of imaging technologies, growing applications of computer-aided diagnosis (CAD), rising incidences of chronic diseases, and increasing usage of imaging equipment.

On the other hand, financial constraints, growing hacking-related risks associated with the use of medical equipment and software, and dearth of skilled professionals are the major factors restraining the growth of this market.

Complete report on Medical Image Analysis Software Market spread across 312 pages, Profiling 12 Top Companies and supported with 308 Tables and 64 Figures is now available at .

Asia is expected to be the fastest-growing regional segment in the medical image analysis software market. The high growth in this market can be attributed to the increasing government initiatives for modernizing healthcare infrastructure, growth in the number new and advanced products being launched in emerging Asian countries, growing number of ongoing research activities, and expansion of various major players in a number of Asian countries.

Various initiatives are being undertaken by governments across the globe to develop advanced imaging technologies. In this regard, the Government of Canada announced an investment of USD 750,000 (in July 2015) for the Canadian Imaging Research Centre to enhance research and commercialization opportunities in the health and life sciences sector. Moreover, the Chinese government announced the supply of updated and upgraded equipment to lower-tier rural and higher-tier hospitals, and the establishment of hospitals with modern equipment throughout the country.

In addition to the comprehensive geographic analysis, product analysis, and market sizing, this report also provides a competitive landscape that covers the growth strategies adopted by industry players in the last three years.

Key players in this market include AGFA Healthcare (Belgium), Aquilab (France), Carestream Health, Inc. (U.S.), Esaote S.p.A (Italy), GE Healthcare (U.K.), Merge Healthcare, Inc. (U.S.), MIM Software Inc. (U.S.), Philips Healthcare (Netherlands), Siemens Healthcare (Germany), and Toshiba Medical Systems Corporation (Japan). Get a discounted copy of Medical Image Analysis Software Market by Type (Integrated, Standalone), Image (2D, 3D, 4D), Modality (CT, MRI, PET, Ultrasound, Radiography), Application (Orthopedic, Oncology, Nephrology), End User (Hospital, Research Center) – Global Forecasts to 2020 research report at .

Also, the company profiles comprise basic views on key players and their product portfolios, developments, and growth strategies. The above mentioned market research data, current market sizes, and forecast of future trends will help key players and new entrants make informed decisions regarding product offerings, geographic focus, changes in strategic approach, R&D investments for innovations in products and technologies, and levels of output in order to remain successful.

On a related note, another research on Diagnostic Imaging Market Global Forecast to 2020 says, The global diagnostic imaging market is estimated to grow at a CAGR of 6.2% in the forecast period (2015-2020). As of 2015, GE Healthcare (U.K.) held the leadership position in the global diagnostic imaging market. Rising incidence and prevalence of chronic diseases; growing awareness about early disease diagnosis; and increasing number of diagnostic imaging procedures are propelling the market. Companies like GE Healthcare, Siemens Healthcare (Germany), Philips Healthcare (Netherlands), Hitachi Medical Corporation (Japan), , and Shimadzu Corporation (Japan) have been profiled in this 208 pages research report available at .

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