RnRMarketResearch.com adds “Medical Image Analysis Software Market (Integrated & Standalone) Market – Technologies (X-ray, CT, Ultrasound, MRI, SPECT, PET), Image Type (2D, 3D, 4D) & Indications (Neurology, Cardiology, Radiology) – Global Trends, Opportunities & Forecasts till 2017" report to its research database.
The growth of the medical image analysis market is mainly contributed by the standalone software market which is accelerating at a faster pace as compared to the integrated software market which is moving at a stable rate. The market has seen a boost since the IT revolution in healthcare, but is still dominated by OEMs. Many smaller players are making efforts to make a mark in the medical image analysis market. But the major revenues are generated through supplying services and programs to the OEM. This report covers definition, description, and forecast of the global medical image analysis software market in terms of integrated and standalone software, by modalities, by image type, by indications and by end-users. The medical image analysis market is estimated to be $1.7 billion in 2012 and is growing at a rate of 7.2% from 2012 to 2017 to reach $2.4 billion.
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Software has become the work horse of any machine or equipment used in today’s world, medical devices are no exception. Software is used in the medical industry for varied purposes such as training, viewing, storing data, sharing data etc; thereby increasing the efficiency and effectiveness of medical procedures.
The global medical image analysis software market is growing at a higher rate as compared to the equipment market. The image analysis software market is driven by higher demand for diagnostic procedures globally, technology improvements and demand from the consumer end. The major restraints are the inherent drawbacks associated with software. The major trends seen in the market are towards open source software, online portals and 30 day trials for software. The major challenges from the end-users are restriction in terms of software usage and major challenge for standalone vendors is the OEM manufacturers.
Medical device market represents the second largest market after pharmaceutical market in the healthcare industry and diagnostic imaging market represents around 35% of the total medical device market in the year 2010. Medical image analysis software is a small fraction of the diagnostic market, growing at a slightly higher rate as compared to equipment market.
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Scope of the report
This research report covers the global medical image analysis market which has been segmented into integrated and standalone software. Both of these markets are further broken down into segments and sub-segments based on modalities, image type, indications and end-users.
The global medical image analysis market segmentation by modalities, image type, indications and end-users include:
Global medical image analysis market, by modalities
· Computed Tomography (CT)
· Magnetic Resonance Imaging (MRI)
· Nuclear Imaging (PET & SPECT)
Global medical image analysis market, by image type
Global medical image analysis market, by indications
· Obstetrics & gynecology
· Breast mammography
Global medical image analysis market, by end-users
· Diagnostic centers
· Research centers
The major players in this market include GE Healthcare (U.K.), Siemens (Germany), Philips (The Netherlands), Toshiba Medical systems (Japan), Agfa healthcare (Belgium), etc. The smaller players include Claron Technologies (Canada), Care stream Health, Inc. (U.S.), Medviso AB (Sweden), Merge Healthcare (U.S.), etc.
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