The Medical Imaging Displays And Post Processing Software Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Medical Imaging Displays And Post Processing Software Global Market Report 2024, The medical imaging displays and post processing software market size has grown rapidly in recent years. It will grow from $5.05 billion in 2023 to $5.81 billion in 2024 at a compound annual growth rate (CAGR) of 14.9%. The growth in the historic period can be attributed to growing incidence of chronic diseases, rise in diagnostic imaging procedures, increased focus on patient-centric care, need for precision medicine, increasing aging population, digitalization of healthcare
The medical imaging displays and post processing software market size is expected to see rapid growth in the next few years. It will grow to $10.05 billion in 2028 at a compound annual growth rate (CAGR) of 14.7%. The growth in the forecast period can be attributed to focus on diagnostic accuracy, enhanced user interfaces and workflow efficiency, global health emergencies, personalized medicine approaches, interoperability with health information systems.. Major trends in the forecast period include advancements in display technology, transition to high-resolution 3d imaging, integration of artificial intelligence, mobile medical imaging displays, remote viewing and teleradiology, color calibration and consistency, cross-platform compatibility.
The increase in digitisation of medical imaging is expected to propel the growth of the medical imaging displays and post-processing software market. Digitisation involves transforming analogue signals or information in any form into a digital format understandable by computer systems or other electronic devices. Large amounts of data can be transformed into insights using medical imaging displays and post-processing software, resulting in more accurate diagnoses, tailored treatments, and happier patients. For instance, in September 2020, according to a report published in 2022 by National Health Service England, a UK governmental department, 40.4 million imaging tests were recorded between June 2019 and May 2020 in England. 1.91 million imaging tests were claimed to have been performed in May 2020. Therefore, the enormous use of digitisation of medical imaging is driving the growth of the medical imaging displays and post-processing software market.
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The medical imaging displays and post processing software market covered in this report is segmented –
1) By Type: Medical Imaging Displays, Post-Processing Software
2) By Technology: X-ray, Computed Tomography (CT), Ultrasound, Magnetic Resonance Imaging (MRI), Single-Photon Emission Computed Tomography (SPECT), Positron Emission Tomography (PET
3) By Image: 2D, 3D, 4D
4) By Application: Medical, Commercial, Academic
Technology innovations are the key trend gaining popularity in the medical imaging displays and post-processing software market. Major companies operating in the market are developing software using innovative technologies such as artificial intelligence (AI), augmented reality (AR) and virtual reality (VR), three-dimensional printing, cinematic rendering and digital twin technology and others to sustain their position in the market and provide advanced solutions. Artificial intelligence (AI) is a revolutionary technology that analyses complex data using computerised algorithms. Diagnostic imaging is one of the most exciting uses of AI in medicine. With the potential to improve tissue-based detection and characterisation, AI has demonstrated outstanding accuracy and sensitivity in identifying imaging abnormalities. For instance, in November 2021, Philips, a Netherlands-based health technology company, launched a new AI-enabled innovation in MR imaging. The new intelligent integrated MR portfolio from Philips is made to maximise diagnostic quality, accelerate workflows, and assure the effectiveness and sustainability of radiology operations. Such advancement by healthcare companies will lead to more efficient use of medical imaging displays and post-processing software.
The medical imaging displays and post processing software market report table of contents includes:
1. Executive Summary
2. Medical Imaging Displays And Post Processing Software Market Characteristics
3. Medical Imaging Displays And Post Processing Software Market Trends And Strategies
4. Medical Imaging Displays And Post Processing Software Market – Macro Economic Scenario
5. Global Medical Imaging Displays And Post Processing Software Market Size and Growth
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26. South America Medical Imaging Displays And Post Processing Software Market
27. Brazil Medical Imaging Displays And Post Processing Software Market
28. Middle East Medical Imaging Displays And Post Processing Software Market
29. Africa Medical Imaging Displays And Post Processing Software Market
30. Medical Imaging Displays And Post Processing Software Market Competitive Landscape And Company Profiles
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