Wednesday, April 27th, 2016

The medical image analysis software market is projected to reach USD 3,135.3 million by 2020 from USD 2,143.7 million in 2015, at a CAGR of 7.9% from 2015 to 2020. This market is segmented on the basis of software type, image type, modality, application, end user, and region.

Complete report on worldwide medical image analysis software market spread across 312 pages, profiling more than 10 companies and supported with 308 tables and 64 figures is now available at .

Major factors contributing to the growth of the global medical image analysis software market include 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 incidences of chronic diseases, and increasing usage of imaging equipment. On the other hand, financial constraints, growing hacking-related risks associated with the use of medical equipment and software, and dearth of skilled professionals are the major factors restraining the growth of this market.

Various initiatives are being undertaken by governments across the globe to develop advanced imaging technologies. In this regard, the Government of Canada announced an investment of USD 750,000 (in July 2015) for the Canadian Imaging Research Centre to enhance research and commercialization opportunities in the health and life sciences sector. Moreover, the Chinese government announced the supply of updated and upgraded equipment to lower-tier rural and higher-tier hospitals, and the establishment of hospitals with modern equipment throughout the country.

Asia is expected to be the fastest-growing regional segment in the medical image analysis software market. The high growth in this market can be attributed to the increasing government initiatives for modernizing healthcare infrastructure, growth in the number new and advanced products being launched in emerging Asian countries, growing number of ongoing research activities, and expansion of various major players in number of Asian countries.

Key players in this market 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). Ask for a discount before order a copy of 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 research report at .

In addition to the comprehensive geographic analysis, product analysis, and market sizing, this report also provides a competitive landscape that covers the growth strategies adopted by industry players in the last three years. Also, the company profiles comprise basic views on key players and their product portfolios, developments, and growth strategies. The above mentioned market research data, current market sizes, and forecast of future trends will help key players and new entrants make informed decisions regarding product offerings, geographic focus, changes in strategic approach, R&D investments for innovations in products and technologies, and levels of output in order to remain successful.

On a related note, another research on Medical Sensors Market Global Forecast to 2022 says, the global medical sensors market projected to grow at a CAGR of 8.5% and monitoring devices to exhibit highest growth during the forecast period. North America is considered to be the largest market for medical sensors. The market in APAC is expected to grow at the highest rate, followed by the Rest of the world. Companies like Hitachi Medical Systems, Philips Healthcare, Siemens Healthcare, Toshiba Medical Systems, STMicroelectronics N.V., Analog Devices, Atmel Corporation, Avago Technologies, Broadcom Corporation and NXP Semiconductors have been profiled in this 204 pages research report available at .

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