ID: MRFR/HC/6153-HCR | February 2021 | Region: Global | 90 pages
Market Scenario
The global medical imaging software market is expected to grow significantly over the forecast period. The market held a market value of USD 2.66 billion in 2017 and is projected to grow at a CAGR of 8.4% over the forecast period. The medical imaging software has become the foundation of modern medical diagnostics by offering patient care and improved operating productivity. Medical imaging software aids healthcare professionals with ease of handling and greater flexibility while visualizing tissues, organs or other human body parts. Use of the medical imaging software has increased the accuracy and precision of medical diagnosis, treatment and disease supervision tremendously in recent years. The factors such as the emergence of 3D and 4D imaging technologies, growing government investment and funding’s for research in the modernization of medical imaging field are anticipated to boost the growth of the market over the forecast period.
Moreover, the increasing prevalence of chronic diseases such as cardiovascular diseases and cancer, increased healthcare expenditure, the rise in the number of diagnostic centers and rise in geriatric population are driving the growth of this market. According to the World Population Prospects by the United Nations, approximately 962 million older population aged 60 and above were present globally as of 2017. This represents about 13% of the global population. A study by the National Institutes of Health (NIH) in 2015 reported that the utilization of imaging services among elderly patients (65 years and above) is at least twice as compared to that of the younger population. Despite the drivers, the high cost of equipment related to clinical validation and lack of skilled professionals may hinder the market growth during the assessment period.
Segmentation
The global medical imaging software market has been segmented into software type, imaging type, modality, application, and end user.
By software type, the market has been segmented into integrated software and stand-alone software.
On the basis of imaging type, the market has been segmented into 2D imaging, 3D imaging, and 4D imaging.
By modality, the market has been segmented into Computed Tomography (CT), MRI (Magnetic Resonance Imaging), radiography, photoacoustic imaging, nuclear medicine, echocardiography, ultrasound, thermography, and others.
On the basis of application, the market has been segmented into neurology, cardiology, oncology, musculoskeletal, dental, obstetrics & gynecology, urology & nephrology, and others.
The market, by end user, has been segmented into clinics & hospitals, diagnostic centers, research laboratories, and others.
The global medical imaging software market has been segmented, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The medical imaging software market in the Americas has further been segmented into North America and Latin America, with the North American market divided into the US and Canada.
The European medical imaging software market has been segmented into Western Europe and Eastern Europe. The Western Europe medical imaging software market has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe.
The medical imaging software market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The medical imaging software market in the Middle East & Africa has been segmented into the Middle East and Africa.
Key players
GE Healthcare, Siemens Healthineers, Agfa-Gevaert N.V., Hologic Inc., Pie Medical Imaging, Media Cybernetics, Inc., AQUILAB, MIM Software Inc., Merge Healthcare Incorporated, ScienceSoft USA Corporation, Acuo Technologies, Fujifilm Holding Company, IBM Corporation, and others are some of the prominent players in the global medical imaging software market.
Regional Market Summary
Global Medical Imaging Software Systems Market Share (%), by Region, 2017
Source: White Papers, Company Presentations, Annual Reports
Geographically, the Americas is anticipated to dominate the global medical imaging software market owing to the high clinical R&D budgets by both governments as well as public and private organizations in medical imaging sector and rising adoption of advanced technologies. According to the US Investments in Medical and Health Research and Development 2013-2015, a report by Research America, in 2015, total US medical and health R&D in the US was USD 158.7 billion.
Moreover, the increasing prevalence of geriatric population and the subsequent growth in the incidence of a variety of diseases in the region contributes to the market growth. According to the World Health Organization (WHO), in the US, more than 20% of the total population would be aged 65 years or over by 2030. This growing patient pool is powering this market.
Europe is expected to hold the second largest position in the global medical imaging software market. The market growth in this region is attributed to the presence of strong academic & research base and availability of funding for research in the European countries. For instance, the European Research Council (ERC) provides grants for technological and scientific research conducted within the European Union (EU). Additionally, an increased number of diagnostics centers, robust healthcare infrastructure and raising awareness among people for early detection of diseases is driving this market.
The medical imaging software market in Asia-Pacific region consists of countries namely China, Japan, Republic of Korea, India, Australia and Rest of Asia-Pacific. The Asia-Pacific region is expected to be fastest growing region owing to increasing demand for technologically advanced software solutions, improving healthcare infrastructure and high growth opportunities for major key players for setting up their regional headquarters and manufacturing plants in this region.
The Middle East & Africa is expected to hold the lowest share of the global medical imaging software market. Majority of the market of the region is anticipated to be held by the Middle East region owing to the growing government initiatives for the healthcare sector.
Global Medical Imaging Software Market, by Software type
Global Medical Imaging Software Market, by Imaging type
Global Medical Imaging Software Market, by Modality
Global Medical Imaging Software Market, by Application
Global Medical Imaging Software Market, by End User
Global Medical Imaging Software Market, by Region
Company Profiles
Frequently Asked Questions (FAQ) :
The global medical imaging software market was valued at USD 2.66 billion in 2017.
The global market is expected to exhibit a solid 8.4% CAGR over the forecast period from 2018 to 2023.
The increasing demand for accurate medical imaging and image archiving is the major driver for the global medical imaging software market.
The Americas is the leading regional market for medical imaging software.
Leading players in the medical imaging software market include GE Healthcare, MIM Software, Hologic, Fujifilm, IBM, and Acuo Technologies, among others.
Table of Contents:
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope of the Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Detection Technique Trends & Assessment
Chapter 5. Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.1.1 Bargaining Power of Suppliers
5.1.2 Bargaining Power of Buyers
5.1.3 Threat of New Entrants
5.1.4 Threat of Substitutes
5.1.5 Intensity of Rivalry
5.2 Value Chain Analysis
5.3 Investment Feasibility Analysis
5.4 Pricing Analysis
Chapter 6. Global Medical Imaging Software Market, by Software type
6.1 Introduction
6.2 Integrated Software
Market Estimates & Forecast, by Region, 2018–2023
Market Estimates & Forecast, by Country, 2018–2023
6.3 Stand-alone Software
Market Estimates & Forecast, by Region, 2018–2023
Market Estimates & Forecast, by Country, 2018–2023
Chapter 7. Global Medical Imaging Software Market, by Imaging type
7.1 Introduction
7.2 2D imaging
Market Estimates & Forecast, by Region, 2018–2023
Market Estimates & Forecast, by Country, 2018–2023
7.3 3D imaging
Market Estimates & Forecast, by Region, 2018–2023
Market Estimates & Forecast, by Country, 2018–2023
7.4 4D imaging
Market Estimates & Forecast, by Region, 2018–2023
Market Estimates & Forecast, by Country, 2018–2023
Chapter 8. Global Medical Imaging Software Market, by Modality
8.1 Introduction
8.2 Computed Tomography (CT)
Market Estimates & Forecast, by Region, 2018–2023
Market Estimates & Forecast, by Country, 2018–2023
8.3 Magnetic Resonance Imaging (MRI)
Market Estimates & Forecast, by Region, 2018–2023
Market Estimates & Forecast, by Country, 2018–2023
8.4 Radiography
Market Estimates & Forecast, by Region, 2018–2023
Market Estimates & Forecast, by Country, 2018–2023
8.5 Photoacoustic imaging
Market Estimates & Forecast, by Region, 2018–2023
Market Estimates & Forecast, by Country, 2018–2023
8.6 Nuclear Medicine
Market Estimates & Forecast, by Region, 2018–2023
Market Estimates & Forecast, by Country, 2018–2023
8.7 Echocardiography
Market Estimates & Forecast, by Region, 2018–2023
Market Estimates & Forecast, by Country, 2018–2023
8.8 Ultrasound
Market Estimates & Forecast, by Region, 2018–2023
Market Estimates & Forecast, by Country, 2018–2023
8.9 Thermography
Market Estimates & Forecast, by Region, 2018–2023
Market Estimates & Forecast, by Country, 2018–2023
8.10 Others
Market Estimates & Forecast, by Region, 2018–2023
Market Estimates & Forecast, by Country, 2018–2023
Chapter 9. Global Medical Imaging Software Market, by Application
9.1 Introduction
9.2 Neurology
Market Estimates & Forecast, by Region, 2018–2023
Market Estimates & Forecast, by Country, 2018–2023
9.3 Cardiology
Market Estimates & Forecast, by Region, 2018–2023
Market Estimates & Forecast, by Country, 2018–2023
9.4 Oncology
Market Estimates & Forecast, by Region, 2018–2023
Market Estimates & Forecast, by Country, 2018–2023
9.5 Musculoskeletal
Market Estimates & Forecast, by Region, 2018–2023
Market Estimates & Forecast, by Country, 2018–2023
9.6 Dental
Market Estimates & Forecast, by Region, 2018–2023
Market Estimates & Forecast, by Country, 2018–2023
9.7 Obstetrics & Gynecology
Market Estimates & Forecast, by Region, 2018–2023
Market Estimates & Forecast, by Country, 2018–2023
9.8 Urology & Nephrology
Market Estimates & Forecast, by Region, 2018–2023
Market Estimates & Forecast, by Country, 2018–2023
9.9 Others
Market Estimates & Forecast, by Region, 2018–2023
Market Estimates & Forecast, by Country, 2018–2023
Chapter 10. Global Medical Imaging Software Market, by End User
10.1 Introduction
10.2 Clinics & Hospitals
Market Estimates & Forecast, by Region, 20110–2023
Market Estimates & Forecast, by Country, 20110–2023
10.3 Diagnostic centers
Market Estimates & Forecast, by Region, 20110–2023
Market Estimates & Forecast, by Country, 20110–2023
10.4 Research laboratories
Market Estimates & Forecast, by Region, 20110–2023
Market Estimates & Forecast, by Country, 20110–2023
10.5 Others
Chapter 11. Global Medical Imaging Software Market, by Region
11.1 Introduction
11.2 Americas
11.2.1 North America
10.2.1.1 US
10.2.1.2 Canada
11.2.2 Latin America
11.3 Europe
11.3.1 Western Europe
11.3.1.1 Germany
11.3.1.2 France
11.3.1.3 Italy
11.3.1.4 Spain
11.3.1.5 UK
11.3.1.6 Rest of Western Europe
11.3.2 Eastern Europe
11.4 Asia-Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 South Korea
11.4.6 Rest of Asia-Pacific
11.5 Middle East & Africa
11.5.1 Middle East
11.5.2 Africa
Chapter 12. Company Landscape
12.1 Introduction
12.2 Market Share Analysis
12.3 Key Development & Strategies
Chapter 13. Company Profiles
13.1 GE Healthcare
13.1.1 Company Overview
13.1.2 Treatment Overview
13.1.3 Financials Overview
13.1.4 Key Developments
13.1.5 SWOT Analysis
13.2 Siemens Healthineers
13.2.1 Company Overview
13.2.2 Treatment Overview
13.2.3 Financial Overview
13.2.4 Key Developments
13.2.5 SWOT Analysis
13.3 Agfa-Gevaert N.V.
13.3.1 Company Overview
13.3.2 Treatment Overview
13.3.3 Financial Overview
13.3.4 Key Development
13.3.5 SWOT Analysis
13.4 Hologic Inc.
13.4.1 Company Overview
13.4.2 Treatment Overview
13.4.3 Financial Overview
13.4.4 Key Development
13.4.5 SWOT Analysis
13.5 Pie Medical Imaging
13.5.1 Company Overview
13.5.2 Treatment Overview
13.5.3 Financial overview
13.5.4 Key Developments
13.5.5 SWOT Analysis
13.6 Media Cybernetics, Inc.
13.6.1 Company Overview
13.6.2 Treatment Overview
13.6.3 Financial Overview
13.6.4 Key Developments
13.6.5 SWOT Analysis
13.7 AQUILAB
13.7.1 Overview
13.7.2 Treatment Overview
13.7.3 Financial Overview
13.7.4 Key Developments
13.7.5 SWOT Analysis
13.8 MIM Software Inc.
13.8.1 Overview
13.8.2 Treatment Overview
13.8.3 Financials
13.8.4 Key Developments
13.8.5 SWOT Analysis
13.9 Merge Healthcare Incorporated
13.9.1 Overview
13.9.2 Treatment Overview
13.9.3 Financials
13.9.4 Key Developments
13.9.5 SWOT Analysis
13.10 ScienceSoft USA Corporation
13.10.1 Overview
13.10.2 Treatment Overview
13.10.3 Financials
13.10.4 Key Developments
13.10.5 SWOT Analysis
13.11 Acuo Technologies
13.11.1 Overview
13.11.2 Treatment Overview
13.11.3 Financials
13.11.4 Key Developments
13.11.5 SWOT Analysis
13.12 Fujifilm Holding Company
13.12.1 Overview
13.12.2 Treatment Overview
13.12.3 Financials
13.12.4 Key Developments
13.12.5 SWOT Analysis
13.13 IBM Corporation
13.13.1 Overview
13.13.2 Treatment Overview
13.13.3 Financials
13.13.4 Key Developments
13.13.5 SWOT Analysis
Chapter 14 MRFR Conclusion
14.1 Key Findings
14.1.1 From CEO’s Viewpoint
14.1.2 Unmet Needs of the Market
14.2 Key Companies to Watch
14.3 Predictions for the Medical Imaging Software Industry
Chapter 15. Appendix
LIST OF TABLES
Table 1 Global Medical Imaging Software Market Synopsis, 2018–2023
Table 2 Global Medical Imaging Software Market Estimates and Forecast, 2018–2023
(USD Million)
Table 3 Global Medical Imaging Software Market, by Region, 2018–2023 (USD Million)
Table 4 Global Medical Imaging Software Market, by Software type, 2018–2023 (USD Million)
Table 5 Global Medical Imaging Software Market, by Imaging type, 2018–2023 (USD
Million)
Table 6 Global Medical Imaging Software Market, by Modality, 2018–2023 (USD Million)
Table 7 Global Medical Imaging Software Market, by Application, 2018–2023 (USD Million)
Table 8 Global Medical Imaging Software Market, by End User, 2018–2023 (USD Million)
Table 9 North America: Medical Imaging Software Market, by Software type, 2018–2023 (USD
Million)
Table 10 North America: Medical Imaging Software Market, by Imaging type, 2018–2023
(USD Million)
Table 11 North America: Medical Imaging Software Market, by Modality, 2018–2023 (USD
Million)
Table 12 North America: Medical Imaging Software Market, by Application, 2018–2023 (USD
Million)
Table 13 North America: Medical Imaging Software Market, by End User, 2018–2023 (USD
Million)
Table 14 US: Medical Imaging Software Market, by Software type, 2018–2023 (USD Million)
Table 15 US: Medical Imaging Software Market, by Imaging type, 2018–2023 (USD
Million)
Table 16 US: Medical Imaging Software Market, by Modality, 2018–2023 (USD Million)
Table 17 US: Medical Imaging Software Market, by Application, 2018–2023 (USD Million)
Table 18 US: Medical Imaging Software Market, by End User, 2018–2023 (USD Million)
Table 19 Canada: Medical Imaging Software Market, by Software type, 2018–2023 (USD Million)
Table 20 Canada: Medical Imaging Software Market, by Imaging type, 2018–2023 (USD
Million)
Table 21 Canada: Medical Imaging Software Market, by Modality, 2018–2023 (USD Million)
Table 22 Canada: Medical Imaging Software Market, by Application, 2018–2023 (USD Million)
Table 23 Canada: Medical Imaging Software Market, by End User, 2018–2023 (USD Million)
Table 24 Latin America: Medical Imaging Software Market, by Software type, 2018–2023 (USD
Million)
Table 25 Latin America: Medical Imaging Software Market, by Imaging type, 2018–
2023 (USD Million)
Table 26 Latin America: Medical Imaging Software Market, by Modality, 2018–2023 (USD
Million)
Table 27 Latin America: Medical Imaging Software Market, by Application, 2018–2023 (USD
Million)
Table 28 Latin America: Medical Imaging Software Market, by End User, 2018–2023 (USD
Million)
Table 29 Europe: Medical Imaging Software Market, by Software type, 2018–2023 (USD Million)
Table 30 Europe: Medical Imaging Software Market, by Imaging type, 2018–2023 (USD
Million)
Table 31 Europe: Medical Imaging Software Market, by Modality, 2018–2023 (USD Million)
Table 32 Europe: Medical Imaging Software Market, by Application, 2018–2023 (USD Million)
Table 33 Europe: Medical Imaging Software Market, by End User, 2018–2023 (USD Million)
Table 34 Western Europe: Medical Imaging Software Market, by Software type, 2018–2023 (USD
Million)
Table 35 Western Europe: Medical Imaging Software Market, by Imaging type, 2018–
2023 (USD Million)
Table 36 Western Europe: Medical Imaging Software Market, by Modality, 2018–2023 (USD Million)
Table 37 Western Europe: Medical Imaging Software Market, by Application, 2018–
2023 (USD Million)
Table 38 Western Europe: Medical Imaging Software Market, by End User, 2018–
2023 (USD Million)
Table 39 Eastern Europe: Medical Imaging Software Market, by Software type, 2018–2023 (USD
Million)
Table 40 Eastern Europe: Medical Imaging Software Market, by Imaging type, 2018–
2023 (USD Million)
Table 41 Eastern Europe: Medical Imaging Software Market, by Modality, 2018–2023 (USD
Million)
Table 42 Eastern Europe: Medical Imaging Software Market, by Application, 2018–2023 (USD
Million)
Table 43 Eastern Europe: Medical Imaging Software Market, by End User, 2018–2023 (USD
Million)
Table 44 Asia-Pacific: Medical Imaging Software Market, by Software type, 2018–2023 (USD
Million)
Table 45 Asia-Pacific: Medical Imaging Software Market, by Imaging type, 2018–2023
(USD Million)
Table 46 Asia-Pacific: Medical Imaging Software Market, by Modality, 2018–2023 (USD
Million)
Table 47 Asia-Pacific: Medical Imaging Software Market, by Application, 2018–2023 (USD
Million)
Table 48 Asia-Pacific: Medical Imaging Software Market, by End User, 2018–2023 (USD
Million)
Table 49 Middle East & Africa: Medical Imaging Software Market, by Software type, 2018–2023
(USD Million)
Table 50 Middle East & Africa: Medical Imaging Software Market, by Imaging type,
2018–2023 (USD Million)
Table 51 Middle East & Africa: Medical Imaging Software Market, by Modality, 2018–2023
(USD Million)
Table 52 Middle East & Africa: Medical Imaging Software Market, by Application, 2018–2023
(USD Million)
Table 53 Middle East & Africa: Medical Imaging Software Market, by End User, 2018–2023
(USD Million)
LIST OF FIGURES
Figure 1 Research Process
Figure 2 Segmentation for Global Medical Imaging Software Market
Figure 3 Segmentation Market Dynamics for Global Medical Imaging Software Market
Figure 4 Global Medical Imaging Software Market Share, by Software type, 2017
Figure 6 Global Medical Imaging Software Market Share, by Imaging type, 2017
Figure 7 Global Medical Imaging Software Market Share, by Modality, 2017
Figure 8 Global Medical Imaging Software Market Share, by Application, 2017
Figure 9 Global Medical Imaging Software Market Share, by End User, 2017
Figure 10 Global Medical Imaging Software Market Share, by Region, 2017
Figure 11 North America: Medical Imaging Software Market Share, by Country, 2017
Figure 12 Europe: Medical Imaging Software Market Share, by Country, 2017
Figure 13 Asia-Pacific: Medical Imaging Software Market Share, by Country, 2017
Figure 14 Middle East & Africa: Medical Imaging Software Market Share, by Country, 201
Figure 15 Global Medical Imaging Software Market: Company Share Analysis, 2017 (%)
Figure 16 GE Healthcare: Key Financials
Figure 17 GE Healthcare: Segmental Revenue
Figure 18 GE Healthcare: Geographical Revenue
Figure 19 Siemens Healthineers: Key Financials
Figure 20 Siemens Healthineers: Segmental Revenue
Figure 21 Siemens Healthineers: Geographical Revenue
Figure 22 Agfa-Gevaert N.V.: Key Financials
Figure 23 Agfa-Gevaert N.V.: Segmental Revenue
Figure 24 Agfa-Gevaert N.V.: Geographical Revenue
Figure 25 Hologic Inc.: Key Financials
Figure 26 Hologic Inc.: Segmental Revenue
Figure 27 Hologic Inc.: Geographical Revenue
Figure 28 Pie Medical Imaging: Key Financials
Figure 29 Pie Medical Imaging: Segmental Revenue
Figure 30 Pie Medical Imaging: Geographical Revenue
Figure 31 Media Cybernetics, Inc.: Key Financials
Figure 32 Media Cybernetics, Inc.: Segmental Revenue
Figure 33 Media Cybernetics, Inc.: Geographical Revenue
Figure 34 AQUILAB: Key Financials
Figure 35 AQUILAB: Segmental Revenue
Figure 36 AQUILAB: Geographical Revenue
Figure 37 MIM Software Inc.: Key Financials
Figure 38 MIM Software Inc.: Segmental Revenue
Figure 39 MIM Software Inc.: Geographical Revenue
Figure 40 Merge Healthcare Incorporated.: Key Financials
Figure 41 Merge Healthcare Incorporated.: Segmental Revenue
Figure 42 Merge Healthcare Incorporated.: Geographical Revenue
Figure 43 ScienceSoft USA Corporation.: Key Financials
Figure 44 ScienceSoft USA Corporation.: Segmental Revenue
Figure 45 ScienceSoft USA Corporation.: Geographical Revenue
Figure 46 Acuo Technologies: Key Financials
Figure 47 Acuo Technologies: Segmental Revenue
Figure 48 Acuo Technologies: Geographical Revenue
Figure 49 Fujifilm Holding Company: Key Financials
Figure 50 Fujifilm Holding Company: Segmental Revenue
Figure 51 Fujifilm Holding Company: Geographical Revenue
Figure 52 IBM Corporation: Key Financials
Figure 53 IBM Corporation: Segmental Revenue
Figure 54 IBM Corporation: Geographical Revenue
This table of content is tentative and subject to change as the research progresses.
Please Note: Financial details of company cannot be provided if the information of the company is not available in public domain and or reliable source.