Medical imaging informatics involves usage of digital technology to capture medical images facilitating data analysis to record and correlate observations, and draws conclusions that play a vital role in the diagnosis of medical problems. The implementation of electronic health records (EHR) in the healthcare industry increases the demand for medical imaging to exchange medical images in the various departments of healthcare settings.
The world medical imaging informatics market is expected to reach $5,383 million by 2022, growing at a CAGR of 5.6% from 2016 to 2022. The factors such as rise in number of diagnostic imaging procedures, decline in cost of medical imaging data storage platforms, and improved healthcare ecosystem play a pivotal role in the growth of the market. However, lack of expertise among healthcare professionals to operate IT-integrated imaging modalities and high deployment cost of medical imaging informatics solutions hamper the market growth.
The world medical imaging informatics market is segmented based on component, application, deployment mode, end user, and geography. Based on the component, it is divided into software, hardware, and services. In the year 2015, the software segment accounted majority share of the overall market due to increase in demand for medical imaging software and rise in the number of medical imaging procedures around the world.
On the basis of application, it is divided into digital & computed radiography, ultrasound, magnetic resonance imaging (MRI), computed tomography (CT), nuclear imaging, and mammography. In the year 2015, digital radiography held largest market share in the market and is expected to maintain this trend during the forecast period due frequent usage of digital radiography in healthcare settings. However, the mammography segment registered fastest growth attributed to increase in incidences of breast cancer worldwide.
Based on deployment mode, the market is segmented into web-based, on-premise, and cloud-based. The web-based deployment mode held largest market share in 2015 attributed due to the easy and low-cost installation of web-based deployment mode in the healthcare settings. By end user, the market is segmented into hospitals, ambulatory healthcare service providers, diagnostic & imaging centers, and others (medical universities, and not-for-profit organizations). Hospital dominates the world medical imaging informatics market due to the increase in number of hospitalization cases, which required medical imaging procedures for management.
Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. During the forecast period, North America is forecasted to account for the largest market share due to the factors such as technological advancement in the healthcare IT sectors and higher adoption rate of innovative products. In addition, Asia-Pacific is expected to emerge as the area with maximum growth potential due to the increase in focus of key players on emerging economies, rise in clinical research, and growth in awareness & focus on health of the people with increase in incidence of various chronic diseases.
The study provides an in-depth analysis of the medical imaging informatics market, with current trends and future estimations to elucidate the imminent investment pockets.
The report provides a quantitative analysis from 2014 to 2022 to enable the stakeholders to capitalize on prevailing market opportunities.
In-depth analysis was done by constructing market estimations for the key segments between 2014 and 2022, which assists to identify the prevailing market opportunities.
Competitive intelligence highlights the business practices followed by leading market players across various geographic regions.
Key market players are profiled and their strategies are analyzed thoroughly, which predict the competitive outlook of the market.
Key market segments
The medical imaging informatics market is segmented by component, application, deployment mode, end user, and geography.
MARKET BY COMPONENT
MARKET BY APPLICATION
MARKET BY DEPLOYMENT MODE
MARKET BY END USER
Ambulatory Healthcare Settings
Diagnostics and Imaging Centers
MARKET BY GEOGRAPHY
Rest of Europe
Rest of Asia-Pacific
1.1 Report Description
1.2 Key Benefits
1.3 Key Market Segments
1.4 Research Methodology
1.4.1 Secondary Research
1.4.2 Primary Research
1.4.3 Analyst Tools And Models
CHAPTER 2 EXECUTIVE SUMMARY
2.1 CXO perspective
CHAPTER 3 MARKET OVERVIEW
3.1 Market Definition And Scope
3.2 Key Findings
3.2.1 Top Investment Pockets
3.2.2 Top Winning Strategies
3.3 Porter's Five Forces Analysis
3.3.1 Bargaining Power Of Suppliers
3.3.2 Bargaining Power Of Buyers
3.3.3 Threat Of New Entrants
3.3.4 Intensity Of Competitive Rivalry
3.3.5 Threat Of Substitutes
3.4 Market Dynamics
126.96.36.199 Increasing Number of diagnostic imaging procedures & high prevalence of chronic diseases
188.8.131.52 Decreasing cost of the storage platforms
184.108.40.206 Constantly evolving healthcare ecosystem
220.127.116.11 Lack of expertise to operate IT integrated imaging modalities
18.104.22.168 High installation cost of medical imaging informaticS solutions
22.214.171.124 Developing economies offer lucrative growth opportunities
CHAPTER 4 GLOBAL MEDICAL IMAGING INFORMATICS MARKET, BY COMPONENT
4.2.1 Key Market Trends
4.2.2 Key Growth Factors And Opportunities
4.2.3 Market Size And Forecast
4.3.1 Key Market Trends
4.3.2 Key Growth Factors And Opportunities
4.3.3 Market Size And Forecast
4.4.1 Key Market Trends
4.4.2 Key Growth Factors And Opportunities
4.4.3 Market Size And Forecast
CHAPTER 5 GLOBAL MEDICAL IMAGING INFORMATICS MARKET, BY APPLICATION
5.2 Digital Radiography
5.2.1 Market Size And Forecast
5.3.1 Market Size And Forecast
5.4 Magnetic Resonance Imaging
5.4.1 Market Size And Forecast
5.5 Computed Tomography
5.5.1 Market Size And Forecast
5.6 Nuclear Imaging
5.6.1 Market Size And Forecast
5.7.1 Market Size And Forecast
CHAPTER 6 GLOBAL MEDICAL IMAGING INFORMATICS MARKET, BY DEPLOYMENT
6.2.1 Market Size And Forecast
6.3.1 Market Size And Forecast
6.4.1 Market Size And Forecast
CHAPTER 7 GLOBAL MEDICAL IMAGING INFORMATICS MARKET, BY END USER
7.2.1 Market Size And Forecast
7.3 Ambulatory Healthcare Settings
7.3.1 Market Size And Forecast
7.4 Diagnostics Centers
7.4.1 Market Size And Forecast
7.5.1 Market size and forecast
CHAPTER 8 GLOBAL MEDICAL IMAGING INFORMATICS MARKET BY GEOGRAPHY
8.1.1 Market Size And Forecast
8.2 North America
8.2.1 Key Market Trends
8.2.2 Key Growth Factors And Opportunities
8.2.3 Market Size And Forecast
8.3.1 Key Market Trends
8.3.2 Key Growth Factors And Opportunities
8.3.3 Market Size And Forecast
8.3.9 Rest of Europe
8.4.1 Key Market Trends
8.4.2 Key Growth Factors And Opportunities
8.4.3 Market Size And Forecast
8.4.7 Rest of Asia-Pacific
8.5.1 Key Market Trends
8.5.2 Key Growth Factors And Opportunities
8.5.3 Market Size And Forecast
8.5.4 Latin America
8.5.5 Middle East
CHAPTER 9 COMPANY PROFILES
9.1 Koninklijke Philips N.V.
9.1.1 Company Overview
9.1.2 Operating Business Segments
9.1.3 Business Performance
9.1.4 Key Strategic Moves And Developments
9.2 General Electric Company
9.2.1 Company Overview
9.2.2 Operating Business Segments
9.2.3 Business Performance
9.2.4 Key Strategic Moves And Developments
9.3 Siemens AG
9.3.1 Company Overview
9.3.2 Operating Business Segments
9.3.3 Business Performance
9.3.4 Key Strategic Moves And Developments
9.4 Agfa-Gevaert N.V.
9.4.1 Company Overview
9.4.2 Operating Business Segments
9.4.3 Business Performance
9.4.4 Key Strategic Moves And Developments
9.5 Carestream Health, Inc.
9.5.1 Company Overview
9.5.2 Operating Business Segments
9.5.3 Key Strategic Moves And Developments
9.6 McKesson Corporation
9.6.1 Company Overview
9.6.2 Operating Business Segments
9.6.3 Business Performance
9.6.4 Key Strategic Moves And Developments
9.7 Lexmark International Inc.
9.7.1 Company Overview
9.7.2 Operating Business Segments
9.7.3 Business Performance
9.7.4 Key Strategic Moves And Developments
9.8 Toshiba Corporation
9.8.1 Company Overview
9.8.2 Operating Business Segments
9.8.3 Business Performance
9.8.4 Key Strategic Moves And Developments
9.9 Esaote SpA
9.9.1 Company Overview
9.9.2 Operating Business Segments
9.9.3 Key Strategic Moves And Developments
9.10 Dell Inc.
9.10.1 Company Overview
9.10.2 Dell Inc: COMPANY SNAPSHOT
9.10.3 Operating Business Segments
9.10.4 Key Strategic Moves And Developments
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.