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Global Medical Image Analysis Software Market (2023-2028) Competitive Analysis, Impact of Covid-19, Impact of Economic Slowdown & Impending Recession, Ansoff Analysis

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  • 194 Pages
  • February 2024
  • Region: Global
  • Infogence Global Research
  • ID: 5748919

Ongoing advancements in medical imaging technology, such as Computer-aided Diagnosis (CAD) is boosting demand

The Global Medical Image Analysis Software Market is estimated to be USD 3.2 Bn in 2023 and is expected to reach USD 4.46 Bn by 2028 growing at a CAGR of 6.85%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

  • The Global Medical Image Analysis Software Market is segmented based on Software, Image Type, Modality, Applications, End-Users, and Geography.
  • By Software, the market is classified into Integrated Software and Standalone Software.
  • By Image Type, the market is classified into 2D Imaging, 2D Imaging, and 3D Imaging.
  • By Modality, the market is classified into Combined Modalities, Radiographic Imaging, Tomography, Magnetic Resonance Imaging, Positron Emission Tomography, Single-Photon Emission Tomography, and Ultrasound Imaging.
  • By Applications, the market is classified into Cardiology Applications, Dental Applications, Mammography Applications, Neurology, Obstetrics & Gynecology Application, Oncology Applications, Orthopedic Applications, and Urology & Nephrology Applications.
  • By End-Users, the market is classified into Diagnostic Centers, Hospitals, and Research Centers.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa, and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Canon Medical Systems Corp., Novarad Corp., Sciencesoft USA Corp., Siemens Healthineers Ag, Xinapse Systems Ltd., etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

  • The report presents a detailed Ansoff matrix analysis for the Global Medical Image Analysis Software Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development, and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
  • The publisher analyses the Global Medical Image Analysis Software Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
  • Based on the SWOT analysis conducted on the industry and industry players, the publisher has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Medical Image Analysis Software Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations, and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Growing Prevalence of Chronic Diseases
4.1.2 Rising Application of Computer-Aided Diagnosis
4.1.3 Increasing Public and Private Investments in the Medical Imaging Sector
4.2 Restraints
4.2.1 High Set-up Cost of the Equipment
4.3 Opportunities
4.3.1 Integration of AI and other Technologies in Imaging Analysis Software
4.3.2 Ongoing Introduction of Cloud-Based Image Analysis Solutions
4.4 Challenges
4.4.1 Concerns of Security and Privacy with Software Use
4.4.2 Shortage of Radiologists
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 PESTLE Analysis
5.4 SWOT Analysis
5.5 Impact of COVID-19
5.6 Impact of Economic Slowdown & Impending Recession
5.7 Ansoff Matrix Analysis
6 Global Medical Image Analysis Software Market, By Software
6.1 Introduction
6.2 Integrated Software
6.3 Standalone Software
7 Global Medical Image Analysis Software Market, By Image Type
7.1 Introduction
7.2 2D Imaging
7.3 3D Imaging
8 Global Medical Image Analysis Software Market, By Modality
8.1 Introduction
8.2 Combined Modalities
8.2.1 PET/CT
8.2.2 PET/MR
8.2.3 SPECT/CT
8.3 Radiographic Imaging
8.4 Tomography
8.5 Magnetic Resonance Imaging
8.6 Positron Emission Tomography
8.7 Single-Photon Emission Tomography
8.8 Ultrasound Imaging
9 Global Medical Image Analysis Software Market, By Applications
9.1 Introduction
9.2 Cardiology Applications
9.3 Dental Applications
9.4 Mammography Applications
9.5 Neurology
9.6 Obstetrics & Gynecology Application
9.7 Oncology Applications
9.8 Orthopedic Applications
9.9 Urology & Nephrology Applications
10 Global Medical Image Analysis Software Market, By End-Users
10.1 Introduction
10.2 Diagnostic Centers
10.3 Hospitals
10.4 Research Centers
11 Americas' Medical Image Analysis Software Market
11.1 Introduction
11.2 Argentina
11.3 Brazil
11.4 Canada
11.5 Chile
11.6 Colombia
11.7 Mexico
11.8 Peru
11.9 United States
11.10 Rest of Americas
12 Europe's Medical Image Analysis Software Market
12.1 Introduction
12.2 Austria
12.3 Belgium
12.4 Denmark
12.5 Finland
12.6 France
12.7 Germany
12.8 Italy
12.9 Netherlands
12.10 Norway
12.11 Poland
12.12 Russia
12.13 Spain
12.14 Sweden
12.15 Switzerland
12.16 United Kingdom
12.17 Rest of Europe
13 Middle East and Africa's Medical Image Analysis Software Market
13.1 Introduction
13.2 Egypt
13.3 Israel
13.4 Qatar
13.5 Saudi Arabia
13.6 South Africa
13.7 United Arab Emirates
13.8 Rest of MEA
14 APAC's Medical Image Analysis Software Market
14.1 Introduction
14.2 Australia
14.3 Bangladesh
14.4 China
14.5 India
14.6 Indonesia
14.7 Japan
14.8 Malaysia
14.9 Philippines
14.10 Singapore
14.11 South Korea
14.12 Sri Lanka
14.13 Thailand
14.14 Taiwan
14.15 Rest of Asia-Pacific
15 Competitive Landscape
15.1 Competitive Quadrant
15.2 Market Share Analysis
15.3 Strategic Initiatives
15.3.1 M&A and Investments
15.3.2 Partnerships and Collaborations
15.3.3 Product Developments and Improvements
16 Company Profiles
16.1 Agfa-Gevaert Group
16.2 Analogic Corp.
16.3 AnalyzeDirect Inc.
16.4 Aquilab SAS
16.5 Bruker Corp.
16.6 Canon Medical Systems Corp.
16.7 Carestream Health Inc.
16.8 Cerner Corp.
16.9 Esaote S.P.A
16.10 FUJIFILM Holdings Corp.
16.11 General Electric Co
16.12 IBM Watson Health (IBM)
16.13 Koninklijke Philips NV.
16.14 MIM Software Inc.
16.15 Mirada Medical Ltd.
16.16 NEC Corp.
16.17 Novarad Corp.
16.18 Sciencesoft USA Corp.
16.19 Siemens Healthineers Ag
16.20 Xinapse Systems Ltd.
17 Appendix
17.1 Questionnaire

Companies Mentioned

  • Agfa-Gevaert Group
  • Analogic Corp.
  • AnalyzeDirect Inc.
  • Aquilab SAS
  • Bruker Corp.
  • Canon Medical Systems Corp.
  • Carestream Health Inc.
  • Cerner Corp.
  • Esaote S.P.A
  • FUJIFILM Holdings Corp.
  • General Electric Co
  • IBM Watson Health (IBM)
  • Koninklijke Philips NV.
  • MIM Software Inc.
  • Mirada Medical Ltd.
  • NEC Corp.
  • Novarad Corp.
  • Sciencesoft USA Corp.
  • Siemens Healthineers Ag
  • Xinapse Systems Ltd.

Table Information