The global medical image analysis software market is growing at a CAGR of 8.1% during the forecast period. Medical imaging has revamped the process of disease diagnosis in recent years and the rapid advancement in imaging technologies has further simplified the diagnosis process. The advent of 3D and imaging techniques has helped the practitioner to get a more magnified view and understanding of the cause. The software for image analysis helps to control the devices the way an operator wants thereby benefiting them to get the more detailed insights from the image obtained. This software helps to increase the overall efficiency of the devices as well as the entire analysis of the image.
The rising demand for such software due to the rapid adoption of medical imaging techniques is propelling the market. This software helps to analyze the cause of chronic diseases in great depth making it widely accepted in chronic disease detection. The adoption of computer-aided diagnostic facilities is yet another factor contributing to the growth of the concerned market.
Moreover, increased investment in imaging equipment is pushing the market upwards. The increase in injuries due to vehicle accidents across the globe and the rising adoption of digital pathology are some of the major factors that are driving the growth of the medical image analysis software market. However, the cost of the software is high that is restraining its adoption to some extent hence hindering the growth of the market.
Segmental Outlook
The global medical image analysis software market is segmented on the basis of software type, modality, application, and end-user. based on modality, the market is segmented into tomography, ultrasound, radiography, and others. Based on application, the market is segmented into oncology, cardiology, neurology, and others. Further, on the basis of end-user, the market is segmented into hospitals, diagnostic centers, and others. The hospital segment dominated the market in 2020 owing to the fact that hospitals are well-equipped with advanced instruments.
Global Medical Image Analysis Software Market Share by Type, 2020 (%)
Based on software type, the market is bifurcated into integrated software and standalone software. Integrated software dominated the market in 2020 owing to the benefits associated with the use of these solutions. The integrated toolkit is designed for a host of radiology applications to improve workflow.
Regional Outlooks
The global medical image analysis software market is analyzed on the basis of the geographical regions that are contributing significantly towards the growth of the market. On the basis of geography, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World. North America has ruled the market due to its well-established healthcare infrastructure. Moreover, the region leads the market due to the prevalence rate of chronic diseases and the presence of advanced healthcare facilities to manage such diseases. The Asia-Pacific region will grow significantly in the near future, due to increased investment in healthcare technology and infrastructure.
Market Players Outlook
Some of the key players of the medical image analysis software market include Agfa–Gevaert Group, Aquilab Gmbh, Bruker Corp., Carestream Health Inc., ClaroNav, Inc, ESAOTE SPA, GE Healthcare, IBM Watson Health, MIM Software Inc., and others. These players provide various software for different modalities such as ultrasound, magnetic resonance imaging, and X-ray, for optimum output of the diagnosis process. In order to survive in the market, these players adopt different marketing strategies such as a merger, acquisitions, product launch, and geographical expansion.
For instance, in July 2019, Bruker has acquired PMOD Technologies LLC, a highly respected provider of research-use-only software for preclinical and molecular imaging, with a focus on molecular quantification and pharmacokinetic modeling. The PMOD software is widely used for the analysis of positron emission tomography (PET) studies in neurology, cardiology and oncology, both for preclinical and human molecular imaging research.
The Report Covers
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Medical Image Analysis Software Market
• Recovery Scenario of Global Medical Image Analysis Software Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. By Software Type
5.1.1. Integrated
5.1.2. Standalone
5.2. By Modality
5.2.1. Ultrasound
5.2.2. Tomography
5.2.3. Radiography
5.2.4. Others
5.3. By Application
5.3.1. Oncology
5.3.2. Cardiology
5.3.3. Neurology
5.3.4. Others (Urology, Obstetrics)
5.4. By End User
5.4.1. Hospitals
5.4.2. Diagnostic Centers
5.4.3. Others
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Agfa–Gevaert Group
7.2. Aquilab Gmbh
7.3. Bruker Corp.
7.4. Carestream Health Inc
7.5. ClaroNav, Inc
7.6. ESAOTE SPA
7.7. GE Healthcare
7.8. Hitachi Medical Corporations
7.9. IBM Watson Health
7.10. MIM Software Inc
7.11. Novorad Corp.
7.12. OSPLabs
7.13. Philips Healthcare
7.14. QuantaCell
7.15. ScienceSoft USA Corp.
7.16. Siemens Healthineers
7.17. Spacelabs Healthcare, Inc.
7.18. Xinapse Systems Ltd.
1. GLOBAL MEDICAL IMAGE ANALYSIS SOFTWARE RESEARCH AND ANALYSIS BY SOFTWARE TYPE , 2020-2027 ($ MILLION)
2. GLOBAL INTEGRATED MEDICAL IMAGE ANALYSIS SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
3. GLOBAL STANDALONE MEDICAL IMAGE ANALYSIS SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL MEDICAL IMAGE ANALYSIS SOFTWARE MARKET RESEARCH AND ANALYSIS, BY MODALITY, 2020-2027 ($ MILLION)
5. GLOBAL MAGNETIC RESONANCE IMAGING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
6. GLOBAL ULTRASOUND MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
7. GLOBAL TOMOGRAPHY MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
8. GLOBAL RADIOGRAPHY MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
9. GLOBAL OTHER MEDICAL IMAGE ANALYSIS SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
10. GLOBAL MEDICAL IMAGE ANALYSIS SOFTWARE MARKET RESEARCH AND ANALYSIS, BY APPLICATION, 2020-2027 ($ MILLION)
11. GLOBAL ONCOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
12. GLOBAL CARDIOLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
13. GLOBAL NEUROLOGY MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
14. GLOBAL OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
15. GLOBAL MEDICAL IMAGE ANALYSIS SOFTWARE MARKET RESEARCH AND ANALYSIS, BY END USER, 2020-2027 ($ MILLION)
16. GLOBAL HOSPITALS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
17. GLOBAL DIAGNOSTIC CENTERS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
18. GLOBAL OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
19. NORTH AMERICAN MEDICAL IMAGE ANALYSIS SOFTWARE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
20. NORTH AMERICAN MEDICAL IMAGE ANALYSIS SOFTWARE MARKET RESEARCH AND ANALYSIS BY SOFTWARE TYPE , 2020-2027 ($ MILLION)
21. NORTH AMERICAN MEDICAL IMAGE ANALYSIS SOFTWARE MARKET RESEARCH AND ANALYSIS BY MODALITY, 2020-2027 ($ MILLION)
22. NORTH AMERICAN MEDICAL IMAGE ANALYSIS SOFTWARE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
23. NORTH AMERICAN MEDICAL IMAGE ANALYSIS SOFTWARE MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
24. EUROPEAN MEDICAL IMAGE ANALYSIS SOFTWARE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
25. EUROPEAN MEDICAL IMAGE ANALYSIS SOFTWARE MARKET RESEARCH AND ANALYSIS BY SOFTWARE TYPE , 2020-2027 ($ MILLION)
26. EUROPEAN MEDICAL IMAGE ANALYSIS SOFTWARE MARKET RESEARCH AND ANALYSIS BY MODALITY, 2020-2027 ($ MILLION)
27. EUROPEAN MEDICAL IMAGE ANALYSIS SOFTWARE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
28. EUROPEAN MEDICAL IMAGE ANALYSIS SOFTWARE MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
29. ASIA-PACIFIC MEDICAL IMAGE ANALYSIS SOFTWARE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
30. ASIA-PACIFIC MEDICAL IMAGE ANALYSIS SOFTWARE MARKET RESEARCH AND ANALYSIS BY SOFTWARE TYPE , 2020-2027 ($ MILLION)
31. ASIA-PACIFIC MEDICAL IMAGE ANALYSIS SOFTWARE MARKET RESEARCH AND ANALYSIS BY MODALITY, 2020-2027 ($ MILLION)
32. ASIA-PACIFIC MEDICAL IMAGE ANALYSIS SOFTWARE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
33. ASIA-PACIFIC MEDICAL IMAGE ANALYSIS SOFTWARE MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
34. REST OF THE WORLD MEDICAL IMAGE ANALYSIS SOFTWARE MARKET RESEARCH AND ANALYSIS BY SOFTWARE TYPE, 2020-2027 ($ MILLION)
35. REST OF THE WORLD MEDICAL IMAGE ANALYSIS SOFTWARE MARKET RESEARCH AND ANALYSIS BY MODALITY, 2020-2027 ($ MILLION)
36. REST OF THE WORLD MEDICAL IMAGE ANALYSIS SOFTWARE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
37. REST OF THE WORLD MEDICAL IMAGE ANALYSIS SOFTWARE MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
1. GLOBAL MEDICAL IMAGE ANALYSIS SOFTWARE MARKET SHARE BY SOFTWARE TYPE, 2020 VS 2027 (%)
2. GLOBAL MEDICAL IMAGE ANALYSIS SOFTWARE MARKET SHARE BY MODALITY, 2020 VS 2027 (%)
3. GLOBAL MEDICAL IMAGE ANALYSIS SOFTWARE MARKET SHARE BY APPLICATION, 2020 VS 2027 (%)
4. GLOBAL MEDICAL IMAGE ANALYSIS SOFTWARE MARKET SHARE BY END USER, 2020 VS 2027 (%)
5. GLOBAL MEDICAL IMAGE ANALYSIS SOFTWARE MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
6. GLOBAL INTEGRATED MARKET SHARE BY REGION, 2020 VS 2027 (%)
7. GLOBAL STANDALONE MARKET SHARE BY REGION, 2020 VS 2027 (%)
8. GLOBAL ULTRASOUND MARKET SHARE BY REGION, 2020 VS 2027 (%)
9. GLOBAL TOMOGRAPHY MARKET SHARE BY REGION, 2020 VS 2027 (%)
10. GLOBAL RADIOGRAPHY MARKET SHARE BY REGION, 2020 VS 2027 (%)
11. GLOBAL OTHERS MARKET SHARE BY REGION, 2020 VS 2027 (%)
12. GLOBAL ONCOLOGY MARKET SHARE BY REGION, 2020 VS 2027 (%)
13. GLOBAL CARDIOLOGY MARKET SHARE BY REGION, 2020 VS 2027 (%)
14. GLOBAL NEUROLOGYMARKET SHARE BY REGION, 2020 VS 2027 (%)
15. GLOBAL OTHERS MARKET SHARE BY REGION, 2020 VS 2027 (%)
16. GLOBAL HOSPITALS MARKET SHARE BY REGION, 2020 VS 2027 (%)
17. GLOBAL DIAGNOSTIC CENTERS MARKET SHARE BY REGION, 2020 VS 2027 (%)
18. US MEDICAL IMAGE ANALYSIS SOFTWARE MARKET SIZE, 2020-2027 ($ MILLION)
19. CANADA MEDICAL IMAGE ANALYSIS SOFTWARE MARKET SIZE, 2020-2027 ($ MILLION)
20. UK MEDICAL IMAGE ANALYSIS SOFTWARE MARKET SIZE, 2020-2027 ($ MILLION)
21. FRANCE MEDICAL IMAGE ANALYSIS SOFTWARE MARKET SIZE, 2020-2027 ($ MILLION)
22. GERMANY MEDICAL IMAGE ANALYSIS SOFTWARE MARKET SIZE, 2020-2027 ($ MILLION)
23. ITALY MEDICAL IMAGE ANALYSIS SOFTWARE MARKET SIZE, 2020-2027 ($ MILLION)
24. SPAIN MEDICAL IMAGE ANALYSIS SOFTWARE MARKET SIZE, 2020-2027 ($ MILLION)
25. REST OF EUROPE MEDICAL IMAGE ANALYSIS SOFTWARE MARKET SIZE, 2020-2027 ($ MILLION)
26. INDIA MEDICAL IMAGE ANALYSIS SOFTWARE MARKET SIZE, 2020-2027 ($ MILLION)
27. CHINA MEDICAL IMAGE ANALYSIS SOFTWARE MARKET SIZE, 2020-2027 ($ MILLION)
28. JAPAN MEDICAL IMAGE ANALYSIS SOFTWARE MARKET SIZE, 2020-2027 ($ MILLION)
29. REST OF ASIA-PACIFIC MEDICAL IMAGE ANALYSIS SOFTWARE MARKET SIZE, 2020-2027 ($ MILLION)
30. REST OF THE WORLD MEDICAL IMAGE ANALYSIS SOFTWARE MARKET SIZE, 2020-2027 ($ MILLION)