SAN FRANCISCO, July 5, 2016 /PRNewswire/ -- The medical image analysis software market is expected to reach USD 4.5 billion by 2024, according to a new report by Grand View Research, Inc. The clinical urgency to incorporate medical image analysis software for the diagnosis of chronic diseases is presumed to fuel the market growth throughout the forecast period. Moreover, the increased use of electronic health records to efficiently store, manage, and distribute patient health information in the form of medical images is also contributing towards the market growth. Additionally, continuous advancements in the technology, such as computer-aided diagnosis (CAD) are expected to provide potential growth opportunities for the utilization of the new and improved medical image software tools in a wide range of disease application areas including cancer and urology.
The steady demand for diagnostic and treatment procedures with greater efficiency have consequentially boosted the industry share of the medical image analysis software tools with enhanced features. Improved image quality, high resolution, and multi-modal imaging platforms are the key associated benefits driving the physician preference, thereby fuelling the market demand. Furthermore, the incorporation of the software tools facilitates sharing of medical image records among physicians to facilitate rapid and accurate treatment delivery, thus the implied demand for the medical image analysis software systems. These aforementioned factors are expected to drive the emergence of the medical image analysis software market over the forecast period.
Access full research report: http://www.grandviewresearch.com/industry-analysis/medical-image-analysis-software-market
Market Segmentation on the basis of software type, modality, application, end-user, and region:
- Global medical image analysis software, software type outlook (Revenue, USD Million, 2013 - 2024)
- Integrated Software
- Stand-alone Software
- Global medical image analysis software modality outlook (Revenue, USD Million, 2013 - 2024)
- CT (Computed Tomography)
- MRI (Magnetic Resonance Imaging)
- PET (Positron Emission Tomography)
- SPET (Single-Photon Emission Tomography)
- Ultrasound Imaging
- Radiographic Imaging
- Combined Modalities
- Global medical image analysis software application outlook (Revenue, USD Million, 2013 - 2024)
- Obstetrics & Gynecology
- Urology & Nephrology
- Global medical image analysis software end-use outlook (Revenue, USD Million, 2013 - 2024)
- Diagnostic Centers
- Research Centers
- Medical image analysis software regional outlook (Revenue, USD Million, 2013 - 2024)
- North America
- Asia Pacific
- Latin America
- South Africa
- North America
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/medical-image-analysis-software-market-worth-45-billion-by-2024-grand-view-research-inc-300293801.html
SOURCE Grand View Research, Inc.