Global Medical Imaging Software Market (2021 to 2026) - Growth of Advanced Visualization Technologies is Driving the Industry - ResearchAndMarkets.com

The "Medical Imaging Software Market - Global Outlook and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.

The global medical imaging software market by revenue is expected to grow at a CAGR of over 7% during the period 2020-2026.

Advances in imaging systems and analysis software that help reduce exposure and imaging duration are likely to influence the market. The global medical imaging software market has been significantly affected by the COVID-19 pandemic. Since the outbreak, significant changes have been observed in clinical operations of radiology departments across the world. Amid the COVID-19 flurry, the volume of ambulatory imaging declined dramatically, whereas elective imaging services were shut down. The pandemic affected the usage of software applied in imaging and diagnostics equipment.

With the decrease in patients' volume, the demand for diagnosis and imaging for software development has slow down. Companies developing such software halted their projects due to the decreased demand in COVID-19. A significant decline in the volume of tests such as X-ray, CT, Ultrasound, and MRI was observed in most countries. This sector was deeply affected compared to diagnostics due to the higher prices of medical imaging tests. However, these effects are short-lived, which are unlikely to hamper the long-term growth of the market. The market is to grow at an impressive growth due to high demand for diagnostic imaging software and the introduction of advanced medical imaging equipment.

The following factors are likely to contribute to the growth of the medical imaging software market during the forecast period:

• Developments in Artificial Intelligence and Cloud-based Imaging Software Solutions
• High Adoption of Digital Tomosynthesis
• Growth of Advanced Visualization Technology
• A rise in Demand for Hybrid Imaging Technology

The study considers the global vaccine contract manufacturing market's present scenario and its market dynamics for the period 2020-2026. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market.

KEY QUESTIONS ANSWERED

1. How big is the medical imaging software market?

2. What are the most common medical imaging techniques?

3. What was the value medical image analysis market in 2020?

4. What is hybrid imaging technology?

5. Who are the key players in the medical imaging software market?

Market Dynamics

Opportunities & Trends

• Developments in AI & Cloud-Based Imaging Software Solutions
• Rising Adoption of Digital Breast Tomosynthesis
• Technological Advancements In Medical Imaging Systems

Growth Enablers

• Growth of Advanced Visualization Technologies
• Rising Demand for Hybrid Imaging Technology
• Quality & Faster Image Acquisition With Optimal Radiation Exposure
• Rising Investments in AI-Based Medical Imaging

Restraints

• Concerns Of Data Breach & Software Hacking
• Stringent Regulations Slowing Adoption Of AI
• High Cost Of Imaging Equipment & Lack Of Skilled Professionals

Prominent Vendors

• IBM Watson
• Siemens Healthineers
• GE Healthcare
• Agfa Healthcare
• Carestream Health
• Cerner Corporation
• Change Healthcare
• Koninklijke Philips N.V
• Fujifilm Corporation
• Sectra AB
• Intelerad Medical Systems

Other Prominent Vendors

• MIM Software
• Aquilab SAS
• Esaote SPA
• Canon Medical Systems USA
• Hitachi Healthcare Americas
• Spacelabs Healthcare
• Hologic
• Samsung Healthcare
• Lunit
• Arterys
• Gauss Surgical
• Zebra Medical Vision
• Caption Health
• RetinAI Medical AG
• Subtle Medical
• IMEXHS
• BrainMiner
• Bruker
• Xinapse Systems
• ClaroNav
• Pie Medical Imaging B.V.
• Analogic
• Konica Minolta
• Vieworks
• Mirada Medical
• Pro Medicus

For more information about this report visit https://www.researchandmarkets.com/r/omfwxu

View source version on businesswire.com: https://www.businesswire.com/news/home/20210518005528/en/