Increasing prevalence & rising healthcare expenditure for cardiovascular disease are expected to boost the growth of the global cardiac imaging software market at a CAGR of 8.54% during the forecast period of 2021 to 2027

Market Research Future (MRFR) has published a cooked research report on the “Global Cardiac Imaging Software Market” that contains the information from 2018 to 2027.

The global cardiac imaging software market is expected to register a CAGR of 8.54% during the forecast period.

MRFR recognizes the following companies as the key players in the global cardiac imaging software market - Koninklijke Philips N.V. (Netherlands), FUJIFILM Corporation (Japan), Siemens (Germany), GE Healthcare (US), Canon Inc. (US), NeoSoft LLC (Pawaukee, WI), Arterys (US), Pie Medical Imaging (Netherlands), Medis Medical Imaging (Netherlands), Circle Cardiovascular Imaging Inc (Canada), and Symphony Innovation, LLC (US) among others.

Market Highlights

The global cardiac imaging software market is expected to register a CAGR of 8.54% during the forecast period and is expected to hit USD 704.32 million by 2027.

The growth of the global cardiac imaging software market is attributed to the increasing prevalence and rising healthcare expenditures for cardiovascular disease, growth in the elderly population, technological advancements, the increasing use of modalities like CT, PET, and others for cardiac imaging, rise in the underlying causes of cardiovascular diseases, and development strategies undertaken by market players.

However, lack of standardization and restricted use, and risks associated with cardiac imaging procedures are restraining the growth of the market.

Segment Analysis

The global cardiac imaging software market is mainly segmented into imaging modality, application, and end user. On the basis of imaging modality, the cardiac imaging software market has been sub-segmented into computed tomography, magnetic resonance, ultrasound imaging, x-ray imaging, combined modalities, SPECT, OVUS, and OCT, and others. On the basis of application, the market has been segmented into diagnostic imaging, image guided treatment, and patient monitoring. Based on end user, the global cardiac imaging software market is segmented into hospital and clinics, diagnostics centres, and others.

Access full report @ https://www.marketresearchfuture.com/reports/cardiac-imaging-software-market-4934

Regional Analysis

The global cardiac imaging software market has been segmented based on region into Americas, Europe, Asia-Pacific, and Middle East and Africa. The Americas market is further divided into the North America and Latin America. The North America consists of the US and Canada whereas the Latin America is categorized into Brazil and rest of Latin America. The European cardiac imaging software market has been segmented into Eastern and Western Europe. The Western Europe is further segmented into Germany, France, the UK, Italy, Spain, Netherlands and the rest of Western Europe. The Eastern Europe is categorized into Russia, Poland, Eastern Europe. The cardiac imaging software market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Middle East and Africa cardiac imaging software market includes the Middle East and Africa. The Middle East further comprises Saudi Arabia, Turkey, and Rest of Middle East whereas African market is broken down into South Africa, Egypt, Algeria, and rest of Africa.

The Americas accounted for the largest market share of 34.31% in 2020 and is anticipated to grow at a CAGR of 8.02% during the forecast period. The frequency of deaths due to heart disease is projected to increase in this region due to the shift toward a sedentary lifestyle, rising prevalence of obesity, and other chronic heart diseases such as coronary artery disease, heart attack, and stroke. According to the data published in CDC in September 2021, someone has a heart attack every 40 seconds in the US. In addition, the provision of sophisticated medical infrastructure and advanced medical services provided by the market players have increased the demand for software and services in this region, driving the cardiac imaging software market.

The Asia-Pacific region is anticipated to grow at the highest CAGR due to untapped opportunities, government initiatives, and increasing incidences of cardiac diseases. For instance, in 2019, Hong Kong had the second-highest incidence of stroke with 314 cases per 100,000, after China (403/100,000). This can be attributed to the growing geriatric population, increasing chronic diseases, and elevated utilization of software for diagnosis. In addition, the rising awareness regarding the new software and key measures taken by government bodies are also few other key drivers of the market growth in Asia-Pacific.

Key Findings of the Study

• The global cardiac imaging software market is expected to reach USD 32million by 2027 at a CAGR of 8.54% during the forecast period.


• The Americas region accounted for the largest share in the overall market due to the high occurrence of cardiovascular diseases, technology advancements, high disposable income, growing geriatric population, and favourable regulatory framework.


• Based on imaging modality, the the computed tomography segment accounted for the largest market size of 24.12% in 2020.


• By application, the diagnostic imaging accounted for the largest market of 42.53% in 2020.


• On the basis of end user, the hospital & clinics held the largest share of 46.09% in 2020.


• Some of the key players operating in the cardiac imaging software are Koninklijke Philips N.V. (Netherlands), FUJIFILM Corporation (Japan), Siemens (Germany), GE Healthcare (US), Canon Inc. (US), NeoSoft LLC (Pawaukee, WI), Arterys (US), Pie Medical Imaging (Netherlands), Medis Medical Imaging (Netherlands), Circle Cardiovascular Imaging Inc (Canada), and Symphony Innovation, LLC (US).