Global Medical Image Analysis Software Industry Report 2019-2024

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The Medical Image Analysis Software Report 2019 to 2024 that has been added to the offering of estimates the size of this market to expand in the forecast period 2019-2024. As per the analysis, the medical image analysis software market valued at US$2.609 billion in 2018 is foreseen to grow at a CAGR of 8.22% to attain the market size of US$4.190 billion in 2024.

Medical image analysis is an in-depth evaluation of diverse health disorders using digital image processing tools and imaging modalities. Medical imaging technology is one of the most crucial elements of any medical imaging modality. It aids the healthcare professionals in picturing the organs, tissues, and other human parts for diagnosis, treatment, and observation.

This market is predicted to grow significantly in the given forecast period. The utilization of imaging equipment due to increased chronic diseases is the primary factor driving this software’s growth in the hospitals and healthcare facilities. Besides, the adoption and quick implementation of the computer-aided diagnosis (CAD) is also said to enhance the demand for the medical image analysis tools.

Intending to deliver the key market trends via different chapters focusing on multiple aspects, the study also gives a detailed overview of the market dynamic segments. The detail here includes vital market size, growth drivers, restraints, and opportunities in today’s market. The report further investigates other opportunities in the regional markets and the latest technology diffusion through lifecycle breakdown.

In addition, this study evaluates the market by segmenting the market based on modality, software type, end-users, and geography. By modality, it is segmented into ultrasound, radiographic, tomography, and combined patterns. By software type, it is segmented based on an integrated and standalone system. By end-users, the market is split into diagnostic centers, hospitals, etc.

Here, the global market is broken down into South America, North America, Middle East, and Africa (MEA), Europe, and the Asia Pacific regions. It comprises 15 countries across these regions.

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