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Medical Imaging Analysis Software Market 2019 Significant Growth Rate by Industry Size, Share, Market Dynamics, Development Status of Key Players Forecast to 2024


The “Medical Imaging Analysis Software Market” research report 2019-2024 delivers comprehensive information and valuable insights about the Medical Imaging Analysis Software industry. The information available in the Medical Imaging Analysis Software market report is not only based on the facts but also on the case studies, which analysts have included to convey appropriate information to the clients in a well-versed manner. Medical Imaging Analysis Software market report includes valuable information to assist new entrants, as well as established players, to understand the prevailing trends in the market.

Some Companies Are Covered in the Medical Imaging Analysis Software Market:

  • AGFA Healthcare
  • Aquilab GmbH
  • Canon Medical Systems USA
  • Carestream Health Inc.
  • GE Healthcare
  • IBM Watson Health
  • Koninklijke Philips NV
  • Sciencesoft USA Corporation
  • Siemens Healthineers
  • Xinapse Systems Ltd

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    Market Overview:

  • The major factors for the growth of the medical imaging analysis software market include the technological advancements in medical imaging systems and analysis software, increasing usage of imaging equipment due to the rising prevalence of chronic diseases, and rising applications of computer-aided diagnosis.
  • – There is an increase in the prevalence of chronic diseases, globally. According to the Cancer Research UK, in 2012, around 14.1 million cancer cases occurred worldwide. According to the World Health Organization, approximately 17.7 million people died from cardiovascular diseases in 2015, representing 31% of all deaths that have occurred across the world. Of these deaths, an estimated 7.4 million were due to coronary heart diseases and 6.7 million were due to stroke.
  • – According to the American Cancer Society, nearly 40,000 people in the United States were diagnosed with head and neck cancers, out of which 12,000 died in the year 2014 alone.
  • – Cancer is one of the leading causes of death across the world, with 8.8 million victims in 2015, and accounting for nearly 1 in every 6 deaths, globally. The disease has witnessed a significant rise in the last few decades, and is expected to rise rapidly, during the forecast period. It is estimated that nearly 6% of the malignancies occur in the United States.
  • – The increasing burden of these chronic diseases is leading to an increase in the usage of medical imaging techniques. This trend is demanding advanced imaging technologies with updated software, propelling the growth of the market in the forecast period.<

    Scope of the Report:

  • As per the scope of this report, medical imaging is the process of creating a visual portrayal of a body for clinical analysis and medical intervention. The scanning software generates images, which are stored in the computer’s memory and are later analyzed. The analysis is a process to improve the quality of images and the quantitative aspects. The analysis is done using computer-aided diagnosis and data-driven optimized image segmentation and registration.

    Reasons for Buying Medical Imaging Analysis Software Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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    Key Market Trends:

    The X-ray Imaging Segment is Expected to be the Fastest Growing Segment over the Forecast Period

    X-ray has applications in the examination of bone or tissues samples. X-ray imaging data is analyzed using imaging software. With the development of medical x-ray image analysis software, the treatment and data management have become easy for the medical personnel. The data can be easily shared between the healthcare providers or researchers at the remote sites. This is a key contributing factor for market growth. GE’s Rhythm Radiography is an advanced x-ray software that combines advanced image acquisition, review, and data management tools for all x-ray testing methods, including computed radiography, digital radiography, and film digitization. Its advanced data sharing capabilities allow significant improvements in productivity and enable faster identification of quality problems. Using x-ray software, process efficiency can be improved. The software reduces training requirement and saves cost and time, hence, preferred by the patients and healthcare providers. The x-rays, analysis, and documentation are easily exported to electronic medical records as PDF files or JPG images. The demand for imaging modalities and increasing advancements in technologies are driving this market.

    North America Accounted for the Largest Share in the Global Market

    North America holds a major share in the medical imaging analysis software market and is expected to show a similar trend over the forecast period, without significant fluctuations. The United States is one of the largest markets for medical imaging analysis software. There are regular updates in the new imaging software, and new companies are providing solutions that provide easy image post-processing and optimization, with tools to filter. Imaging analysis software, combined with the enhanced visualization software, is now provided by companies, like AnalyzeDirect. With the rising concerns regarding radiation doses, these tools are helpful in understanding better dose adjustment for imaging, thus, helping to capture a better image. It is estimated that, in the United States, more than 80 million CT scans are performed, annually. The scanning procedures, such as CT angiography, colonography, dual-energy, perfusion CT, etc. revolutionized the diagnosis and treatments. There is an increasing burden of chronic diseases among the people of the United States, requiring them to undergo imaging scans in the process of diagnosis and treatment. With the increase in the number of imaging procedures, hospitals and diagnostic imaging centers require sophisticated software. All the aforementioned factors may propel the market growth over the forecasted period.

    Medical Imaging Analysis Software Market Report Provides Comprehensive Analysis of:

    • Functional market industry outline
    • Up and downstream industry examination
    • Channels and propositions believability
    • Market challenge by key players
    • Enhancement suggestions examination

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    Report Highlights:

    • Market Dynamics – Drivers, Restraints, and Opportunities
    • Market Segmentation – Types, Applications, Regions, and Technology
    • Market Trends
    • Competitive Landscape
    • SWOT Analysis and Porter’s Five Forces Analysis

    Detailed TOC of Medical Imaging Analysis Software Market Report 2019-2024:

    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study



    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Technological Advancements in Medical Imaging Systems and Analysis Software
    4.2.2 Increasing Usage of Imaging Equipment Due to Rising Prevalence of Chronic Diseases
    4.2.3 Rising Applications of Computer-aided Diagnosis
    4.3 Market Restraints
    4.3.1 Budgetary Constraints
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5.1 By Image Type
    5.1.1 2D Image
    5.1.2 3D Image
    5.1.3 4D Image
    5.2 By Modality
    5.2.1 Tomography Computed Tomography (CT) Magnetic Resonance Imaging (MRI) Positron Emission Tomography (PET) Single-photon Emission Computed Tomography (SPECT)
    5.2.2 Ultrasound Imaging
    5.2.3 Radiographic Imaging
    5.2.4 X-ray Imaging
    5.2.5 Other Modalities
    5.3 By Software Type
    5.3.1 Integrated Software
    5.3.2 Standalone Software
    5.4 By End User
    5.4.1 Hospital
    5.4.2 Diagnostic Center
    5.4.3 Research Center
    5.5 Geography
    5.5.1 North America US Canada Mexico
    5.5.2 Europe Germany UK France Italy Spain Rest of Europe
    5.5.3 Asia-Pacific China Japan India Australia South Korea Rest of Asia-Pacific
    5.5.4 Middle East & Africa GCC South Africa Rest of Middle East & Africa
    5.5.5 South America Brazil Argentina Rest of South America

    6.1 Company Profiles
    6.1.1 AGFA Healthcare
    6.1.2 Aquilab GmbH
    6.1.3 Canon Medical Systems USA
    6.1.4 Carestream Health Inc.
    6.1.5 GE Healthcare
    6.1.6 IBM Watson Health
    6.1.7 Koninklijke Philips NV
    6.1.8 Sciencesoft USA Corporation
    6.1.9 Siemens Healthineers
    6.1.10 Xinapse Systems Ltd



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