Overview

Medical Image Management Market Introduction:

Medical Image Management Market value is estimated to reach over USD 5.1 billion by 2027 end, registering a CAGR over 7.6% during the forecast period of 2020-2027.

Medical image offers the potential and promise for major advances in science and medicines with high quality of images on disease diagnosis. Management of these images includes recording and storing the diagnostic results, which helps the health care professionals to treat the disease of interest in terms of treatment schedule. Imaging science has three distinct lines of investigation: segmentation, registration and visualization. It also involves the display, manipulation and measurement of data. Along with this medical imaging is an applied science, where basic imaging principles applying to diagnose and treat disease. Nowadays new techniques are emerging to overcome these problems along with software’s to manage the date of medical imaging.

Demand is driven by the increasing importance of medical imaging in the primary diagnosis of disease. Rising demand is further augmented by increasing safety concerns fuelled the growth of the medical image management market. Further, the rising complexity of imaging techniques led to the development of specific guidelines for better management primary healthcare settings has boosted the growth of the market. Additionally, changing healthcare environment and regulatory scenarios to minimize the imaging complications have boosted the growth of the market. The rapid evolution of technologies led to the integration of managing techniques in clinical settings has further boosted the growth of market. The market is expected to witness double growth rate during the forecast period due to increasing adoption. It also used in the drug development process and created potential opportunities for new market players.

North America and Europe Medical Image Management markets are expected to dominate the global market due to well-established healthcare systems. Changing economic conditions of the Asia Pacific region is expected to boost the growth of the market in this region. Latin America and Rest of World is a highly untapped market and created opportunistic space for international players and expected to fuel the growth of the global medical image management market.

Medical Image Management market players include:

Siemens Healthineers, Carestream Health, Inc., GE Healthcare, BridgeHead Software, Philips Healthcare, INFINITT Healthcare Co., Ltd, Novarad Corporation, Mach7 Technologies Ltd., Mckesson Corporation, Fujifilm Holdings Corporation, Merge Healthcare Incorporated (Acquired By IBM Corporation), AGFA-Gevaert Group (AGFA), Sectra AB, and others.

Medical Image Management Market Segmentation:

By Product

• Picture Archiving and Communication System(PACS)
o PACS Market, By Procurement Model
o Departmental PACS
o Departmental PACS Market, By Type
o Radiology PACS
o Cardiology PACS
o Other Departmental PACS
o Enterprise PACS
o PACS Market, By Delivery Model
o On-Premise Model
o Web/Cloud-Based Models
• Vendor Neutral Archive (VNA)
o VNA Market, By Delivery Model
o On-Premise VNA
o Hybrid VNA
o Fully Cloud-Based VNA
o VNA Market, By Procurement Model
o Multi-Departmental Enterprise VNA
o Departmental VNA
o Multi-Site Enterprise VNA
o VNA Market, By Vendor Type
o PACS Vendors
o Independent Software Vendors (ISVS)
o Infrastructure/Storage Vendors
• Application-Independent Clinical Archives(AICA)
o Application-Independent Clinical Archives Market, By Vendor Type
o VNA Vendors
o Native Aica Vendors
• Enterprise Viewers/Universal Viewers

By End User

Hospitals
Diagnostic Laboratories
Contract Research Organizations
Academic Institutes

By Region

Europe
North America
APAC
Latin America
Rest of World

Competitive Landscape:

Tier 1 players- established companies in the market with a major market share
Tier 2 players
Emerging players which are growing rapidly
New Entrants

FutureWise Takeaways:

Growth prospects
SWOT analysis
Key trends
Key data-points affecting market growth

Objectives of the Study:

To provide with an exhaustive analysis on global medical image management market by product, end-user and region
To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
To evaluate and forecast micro-markets and the overall market
To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East
To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
Profiling of companies to evaluate their market shares, strategies, financials and core competencies

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