Medical Image Analysis Software Market by Type & Application - Global Forecast to 2020

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MarketsandMarkets Presents
Medical Image Analysis Software Market worth
3,135.3 Million USD by 2020
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dical-image-analysis-software-market-846.html
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The report "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" ,analyzes and studies
the major market drivers, restraints,
opportunities, and challenges in North America,
Europe, Asia, and the Rest of the World
(RoW). Browse 308 market data Tables and 64
Figures spread through 312 Pages and in-depth TOC
on "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" http//www.marketsand
markets.com/Market-Reports/medical-image-analysis-
software-market-846.html
 
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• The global medical image analysis software market
  is expected to reach USD 3,135.3 Million by 2020
  from USD 2,143.7 Million in 2015, at a CAGR of
  7.9 during the forecast period.

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• Growth in this market is mainly driven by
  factors such as 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 incidence
  of chronic diseases, and increasing usage of
  imaging equipment.

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• Moreover, factors such as rising demand for
  automated image analysis techniques, growing
  impact of cloud-based solutions, and untapped
  emerging markets are expected to offer
  significant growth opportunities to players
  operating in the medical image analysis software
  market. However, financial constraints, growing
  hacking-related risks associated with the use of
  medical equipment and software, and dearth of
  skilled professionals are expected to restrain
  the growth of this market in the coming years.

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• This report segments the medical image analysis
  software market based on software type, image
  type, modality, application, end user, and
  region. Based on software type, the medical image
  analysis software market is segmented into
  integrated and standalone software. The
  integrated software segment is expected to
  account for the largest market share in 2015,
  primarily due to the growing adoption of imaging
  systems.

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• Based on region, the medical image analysis
  software market is segmented into North America,
  Europe, Asia, and Rest of the World (RoW). The
  North American market is subsegmented into the
  U.S. and Canada the European market is
  subsegmented into Germany, France, the U.K., and
  Rest of Europe (RoE) and the Asian market is
  subsegmented into Japan, China, India, and Rest
  of Asia (RoA). In 2015, North America is expected
  to dominate the market, followed by Europe. Major
  factors such as rising geriatric population,
  technological advancements, and favorable
  reimbursement policies are driving the medical
  image analysis software market in North America. 

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• However, the Asian market is expected to witness
  higher growth in the coming years, majorly due to
  the increasing government initiatives for the
  modernization of healthcare infrastructure,
  growth in the number of new and advanced products
  being launched in emerging Asian countries, and
  rising number of ongoing research activities.

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• The medical image analysis software market is
  highly fragmented, with several big and emerging
  players operating in the market. Some of the key
  market players 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).

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