Home > Healthcare > Healthcare IT > Payer/Provider Solutions > Medical Image Analysis Software Market

Medical Image Analysis Software Market Size

Report ID: GMI8363
Published Date: Mar 2024
Report Format: PDF

Download Free Sample

Medical Image Analysis Software Market Size

Medical Image Analysis Software Market size was valued at USD 3.5 billion in 2023 and is expected to grow at a CAGR of 7% between 2024 and 2032. The market has witnessed substantial expansion propelled by the increasing prevalence of chronic diseases and the escalated demand for diagnostic imaging solutions, necessitating the use of medical image solutions. Healthcare professionals increasingly rely on medical imaging instruments to visualize organs, optimize surgical outcomes, and utilize preoperative magnetic resonance imaging (MRI) & computed tomography (CT) scans to assess tumor dimensions raising the consistent imaging solution demand.

To get key market trends

Download Free Sample

Furthermore, the worldwide increase in cancer incidence, as indicated by the GLOBOCAN 2022 data update, with approximately 1.9 million new cases diagnosed globally in 2022, featured the necessity for advanced medical imaging solutions, thus increasing the diagnostic sector and driving the market demand.

Medical Image Analysis Software Market Report Attributes
Report Attribute	Details
Base Year:	2023
Medical Image Analysis Software Market Size in 2023:	USD 3.5 Billion
Forecast Period:	2024 – 2032
Forecast Period 2024 – 2032 CAGR:	7%
2024 – 2032 Value Projection:	USD 6.4 Billion
Historical Data for:	2018 – 2023
No. of Pages:	190
Tables, Charts & Figures:	466
Segments covered:	Software Type, Modality, Imaging Type, Application, End-user, and Region
Growth Drivers:	Escalating rates of chronic illnesses Rising numbers of geriatric population worldwide Increased demand for expedited result validation and enhanced diagnostic capabilities Expanding requests for non-invasive diagnostic solutions Increasing interest in telemedicine and remote healthcare provisions Growing advancement in imaging methodologies
Pitfalls & Challenges:	Integration complexity Data security and privacy concerns

Learn more about the key segments shaping this market

Download Free Sample

Medical image analysis software refers to specialized software designed to assist healthcare professionals in interpreting and analyzing medical images obtained by various imaging modalities. This software utilizes advanced algorithms and tools to enhance image visualization, extract quantitative data, identify abnormalities, and aid in diagnosis, treatment planning, and monitoring of diseases.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Medical image analysis software industry was worth USD 3.5 billion in revenue in 2023 and is set to expand at 7% CAGR from 2024-2032 driven by the increasing prevalence of chronic diseases and the escalated demand for diagnostic imaging solutions.

Medical image analysis software market from the integrated segment is expected to witness high demand between 2024 and 2032 attributed to its cost-effectiveness, centralized data storage capabilities, and the ability to provide multiple users with real-time data access for processing.

North America medical image analysis software market is projected to record 6.9% CAGR between 2024 and 2032 owing to the robust healthcare infrastructure, featuring sophisticated diagnostic equipment, and government initiatives for endorsing healthcare IT adoption in the region.

Some of the top medical image analysis software companies are Aidoc, CardioComm Solutions Inc., Canon Medical Systems USA, eMedica, S., Esaote SPA, Evident, GE HealthCare Technologies, Inc., Koninklijke Philips N.V., Leica Microsystems, Medis Medical Imaging Systems, Siemens Healthineers AG, Spacelabs Healthcare, Thermo Fisher Scientific Inc.