Overview and Scope
Medical imaging workstations refer to systems and software used in the radiology departments of hospitals or diagnostic centers to provide diagnostic information of patients based on imaging. Medical imaging workstations are primarily used to view and interpret pictures for patient diagnosis. It is a component of digital imaging systems that aids in accurate diagnosis and clear visualization of abnormalities.
Sizing and Forecast
The medical imaging workstations market size has grown strongly in recent years. It will grow from <b>$4.96 billion in 2023 to $5.4 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. </b> The growth in the historic period can be attributed to clinical diagnosis, medical training and education, picture archiving and communication systems (pacs), radiology department efficiency, precision medicine:
The medical imaging workstations market size is expected to see strong growth in the next few years. It will grow to <b>$7.84 billion in 2028 at a compound annual growth rate (CAGR) of 9.8%. </b> The growth in the forecast period can be attributed to sustainable workstation solutions, patient-centric care, multi-modal imaging integration, telehealth services, global health preparedness. Major trends in the forecast period include artificial intelligence (ai)-enhanced automation, data security and privacy, interoperability and data exchange, integration with electronic health records (ehr), advancements in medical imaging.
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Segmentation & Regional Insights
The medical imaging workstations market covered in this report is segmented –
1) By Modality: Magnetic Resonance Imaging, Computed Tomography, Ultrasound, Mammography, Other Modalities
2) By Component: Visualization Software, Display Units, Display Controller Cards, Central Processing Units
3) By Usage: Thick Client Workstations, Thin Client Workstations
4) By Application: Diagnostic Imaging, Clinical Review, Advanced Imaging
5) By End-User: Hospitals, Diagnostic Centers, Ambulatory Centers, Other End-user
<b>North America</b> was the largest region in the medical imaging workstations market in 2023. <b>Asia-Pacific</b> is expected to be the fastest-growing region in the forecast period. The regions covered in the medical imaging workstations market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
The rising number of outpatients is expected to propel the growth of the medical imaging workstations market. Outpatients refer to patients who require medical care without staying in the hospital overnight. In recent years, outpatient visits have significantly increased while inpatient discharges have decreased, especially for imaging. Imaging services have been shifting from the inpatient setting to the outpatient one. Due to new payer demands and patient preferences, there has been a considerable impetus for these outpatient services as standalone facilities. For instance, in March 2023, according to Becker’s Hospital Review, a US-based medical industry trade magazine, 95% of health leaders expect an increase in outpatient volumes in 2023, with 40% of them anticipating jumps of 10% or more. Therefore, the rising number of outpatients will drive the growth of the medical imaging workstation market.
Key Industry Players
Major companies operating in the medical imaging workstations market include <b> General Electric Company, Koninklijke Philips NV, Siemens Medical Systems Inc., Fujifilm Healthcare Corporation, Canon Medical Systems Corporation, PaxeraHealth, Hologic Inc., Carestream Health India Pvt. Ltd., Carl Zeiss AG, Capsa Healthcare, Esaote SpA, Medicor Imaging, NGI Group, Chimaera GmbH, Hitachi Medical Systems, Toshiba Medical Systems Corporation, Samsung Medison Co. Ltd., Shimadzu Corporation, Agfa-Gevaert NV, Sectra AB, Merge Healthcare Inc., Intelerad Medical Systems Incorporated, McKesson Corporation, Agilent Technologies India Pvt. Ltd., Analogic Corporation, Barco NV, ContextVision AB, EDDA Technology Inc., Infinitt Healthcare Co. Ltd., Mirada Medical Limited </b>
The medical imaging workstations market report table of contents includes:
1. Executive Summary
2. Medical Imaging Workstations Market Characteristics
3. Medical Imaging Workstations Market Trends And Strategies
4. Medical Imaging Workstations Market – Macro Economic Scenario
5. Global Medical Imaging Workstations Market Size and Growth
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26. South America Medical Imaging Workstations Market
27. Brazil Medical Imaging Workstations Market
28. Middle East Medical Imaging Workstations Market
29. Africa Medical Imaging Workstations Market
30. Medical Imaging Workstations Market Competitive Landscape And Company Profiles
Top Major Players:
- General Electric Company
- Koninklijke Philips NV
- Siemens Medical Systems Inc.
- Fujifilm Healthcare Corporation
- Canon Medical Systems Corporation
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