Over the past few decades, medical imaging has evolved from relatively primitive 2D scans into high-resolution sources of valuable information. Medical imaging is crucial in a variety of medical settings and at all major levels of health care. Medical image analysis software is an important part of diagnostic machines and it helps to enhance the features of an image thereby increasing the effectiveness and efficiency of medical treatment. The software help store, view, train, and share medical data. As the name suggests, medical image analysis solutions can either interpret or help clinicians to interpret information obtained from radiology exams. Medical imaging encompasses technologies such as ultrasound imaging, radiographic imaging, x-ray imaging, MRI, tomography, and other modalities.

Market Dynamics

Outbreak of COVID-19 (global pandemic) is expected to drive growth of the global medical imaging analysis software market over the forecast period. Medical imaging is an essential part of the universal fight against the pandemic. Medical imaging is suitable non-invasive technique to detect COVID infection. For instance, in November 2020, Red Hat and artificial intelligence (AI) company DarwinAI collaborated to bring a COVID-19 tool to hospitals and healthcare facilities. Dubbed COVID-Net, the AI tool is a neural network for COVID-19 detection using chest radiography, which can help to identify viral infections. COVID-Net also aims to increase trust among researchers and reveal new insights by allowing clinicians to indicate key visual indicators behind COVID-19 infection.

Key features of the study

• This report provides in-depth analysis of the global medical imaging analysis software market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022–2028), considering 2021 as the base year.
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global medical imaging analysis software market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include Xinapse Systems Ltd., Siemens Healthcare GmbH, ScienceSoft USA Corporation, Koninklijke Philips NV, Carestream Health, Agfa-Gevaert Group, General Electric Company (GE Healthcare), Canon Inc. (Canon Medical Systems, United States), AQUILAB SAS, and International Business Machines Corporation (IBM), among others.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• The global medical imaging analysis software market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global medical imaging analysis software market.

Market Segmentation

• By Image Type
  • 2D Image
  • 3D Image
  • 4D Image
• By Modality
  • Tomography
  • Ultrasound Imaging
  • Radiographic Imaging
  • X-ray Imaging
  • MRI
  • Other Modalities
• By Software Type
  • Integrated Software
  • Standalone Software
• By End User
  • Hospital
  • Diagnostic Center
  • Research Center
• By Region
  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • U.K.
    • Spain
    • France
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC Countries
    • Israel
    • Rest of Middle East & Africa
• Key Players
  • Xinapse Systems Ltd.
  • Siemens Healthcare GmbH
  • ScienceSoft USA Corporation
  • Koninklijke Philips NV
  • Carestream Health
  • AQUILAB SAS
  • Agfa-Gevaert Group
  • General Electric Company (GE Healthcare)
  • Canon Inc. (Canon Medical Systems, United States)
  • International Business Machines Corporation (IBM)