Global Medical Imaging Displays and Post-Processing Software Market, Types (Integrated, Standalone), Technology (X-ray, CT, Ultrasound, MRI, SPECT, PET), Image (2D, 3D, 4D), Indications (Neurology, Cardiology, Radiology) – Industry Trends and Forecast to 2029
Medical Imaging Displays and Post-Processing Software Market Analysis and Size
The global medical imaging displays and post-processing software market is expected to witness significant growth during the forecast period. Digitalization of medical imaging over conventional film-based imaging has prompted the development of the medical display market. Medical display monitors play a vital role in the medical imaging by permitting radiologists and surgeons to view and analyze the images generated by imaging modalities such as CT and MRI. The COVID era has also brought a huge impact on the expansion of the market.
Data Bridge Market Research analyses the global medical imaging displays and post-processing software market growth in the forecast period 2022-2029. The expected CAGR of the global medical imaging displays and post-processing software market tends to be around 9.10% in the mentioned forecast period. The market was valued at USD 2.86 billion in 2021, and it would grow upto USD 5.74 billion by 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Medical Imaging Displays and Post-Processing Software Market Scope and Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2022 to 2029
|
|
Base Year
|
2021
|
|
Historic Years
|
2020 (Customizable to 2014 - 2019)
|
|
Quantitative Units
|
Revenue in USD Billion, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Types (Integrated and Standalone), Technology (X-ray, CT, Ultrasound, MRI, SPECT, PET), Image (2D, 3D and 4D) Indications (Neurology, Cardiology, Radiology)
|
|
Countries Covered
|
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
|
|
Market Players Covered
|
General Electric Company (US), Shimadzu Corporation (US), Hitachi Limited (Japan), Toshiba America Medical Systems (US), Koninklijke Philips N.V. (India), Siemens Healthcare GmbH (Germany), Carestream Health (US), Esaote spa (Italy), Owandy (France), Softneta (Europe)
|
|
Market Opportunities
|
|
Market Definition
During a surgical procedure, medical display monitors allow radiologists and surgeons to see and evaluate pictures generated by imaging modalities such as CT and MRI. The market is being driven further by healthcare equipment makers' ongoing efforts to offer an integrated diagnostic paradigm that supports evidence-based, patient-centered healthcare facilities. The medical imaging displays and post-processing software market is likely to benefit from increased R&D spending by medical imaging device makers.
Global Medical Imaging Displays and Post-Processing Software Market Dynamics
Drivers
- Increasing Demand for Healthcare Services
Increasing demand for healthcare services posed a significant transformation in medical imaging displays and post-processing software over the last decade. Healthcare equipment vendors are now willing to provide an integrated diagnostic model facilitating patient-centric, evidence-based healthcare. The major post-processing parts include workflow tasks such as image processing, image reconstruction, computer-aided detection, three-dimensional (3D) view generation, and quality control.
- The global popularity of use of CAD software
Global popularity of use of CAD software for specific applications such as thoracic and breast CAD is contributing to the market's growth. The popularity of CAD software has encouraged market players to focus on niche-specific applications such as thoracic, breast, and colon. For instance, the breast CAD segment is expected to witness a strong position due to the increasing number of mammography, MRI, and ultrasound CAD installations.
Opportunities
- Overpower of Modern Imaging over Conventional Imaging
Over traditional film-based imaging, the increasing use of digitization of medical imaging is expected to boost the demand for global medical imaging displays and post-processing software market. This factor, is thus, is driving the growth for the market.
Restraints/Challenges
- Lack of skilled professionals
The lack of qualified personnel who are unable to use these systems and softwares could curb the growth of the global medical imaging displays and post-processing software market over a forecast period.
- High Cost
The high cost of these software systems can hinder the growth of the global medical imaging displays and post-processing software market even though the prevalence of the medical imaging displays is high.
This medical imaging displays and post-processing software market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the medical imaging displays and post-processing software market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Global Medical Imaging Displays and Post-Processing Software Market
COVID-19 has left an unprecedented global public health crisis that has impacted practically every business, and its long-term repercussions are expected to have an influence on industry growth during the forecast period.
In the post-pandemic era, there is huge anticipation of surge in the global medical imaging displays and post-processing software market. There is also a fact that despite of this pandemic situation, the huge increase in the diseased conditions such as breast cancer is flourishing the market growth of medical imaging displays and post-processing software.
Global Medical Imaging Displays and Post-Processing Software Market Scope
The medical imaging displays and post-processing software market is segmented on the basis of type, technology, image and indications. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Integrated
- Standalone
Technology
- X-ray
- CT
- Ultrasound
- MRI
- SPECT
- PET
Image
- 2D
- 3D
- 4D
Indications
- Neurology
- Cardiology
- Radiology
Medical Imaging Displays and Post-Processing Software Market Regional Analysis/Insights
The global medical imaging displays and post-processing software market is analysed and market size insights and trends are provided by type, technology, image, and indications as referenced above.
The major countries covered in the medical imaging displays and post-processing software market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the medical imaging displays and post processing software market due to increasing healthcare issues and a continuously rising population.
Meanwhile, the Asia-Pacific region has shown significant growth rate during the forecast period of 2022 to 2029 due to the rising demand for medical services.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Medical Imaging Displays and Post-Processing Software Market Share Analysis
The global medical imaging displays and post-processing software market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to medical imaging displays and post-processing software market.
Key players operating in the global medical imaging displays and post-processing software market include:
- General Electric Company (US)
- Shimadzu Corporation (US)
- Hitachi Limited (Japan)
- Toshiba America Medical Systems (US)
- Koninklijke Philips N.V. (India)
- Siemens Healthcare GmbH (Germany)
- Carestream Health (US)
- Esaote spa (Italy)
- Owandy (France)
- Softneta (Europe).
SKU-