Medical Image Management Market Size and Competitive Analysis till 2031

MARKET OVERVIEW

Medical imaging is a set of techniques for generating images of different parts of the human body for diagnostic and treatment purposes. Medical image management is the process of storing and transmitting these data in the form of digitally transmitted electronic images and clinically relevant reports. It allows radiologists to access medical imaging data from any location, and it allows multiple users to see data on different platforms at the same time. Furthermore, in the healthcare field, medical imaging software such as picture archive and communication system (PACS) helps medical practitioners to track, store, alter, and manage patient images as well as administrative operations.

MARKET SCOPE

The Global Medical Image Management Market Analysis to 2031 is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the medical image management market with detailed market segmentation by system, application, delivery and end user . The report provides key statistics on the market status of the leading medical image management market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on system the market is segmented as, vendor neutral archive, picture archiving and communications system (PACS), AICA, universal viewer.
  
•   Based on application the market is segmented as, standard radiography, advanced body imaging, cardiovascular imaging, neuroradiology, musculoskeletal imaging and pain management, oncology imaging, and other applications.
  
•   Based on delivery the market is segmented as, on premise, hybrid and cloud.
  
•   Based on end user the market is segmented as, hospitals, clinics, diagnostic centers and ambulatory surgery centers.
  

MARKET DYNAMICS

Drivers:

•   Increasing prevalence of chronic disorders along with rising geriatric population across the globe.
  
•   Rising significance of imaging techniques as a diagnostic techniques for diagnosis of diseases.
  
•   Technological advancements in medical imaging along with increasing investments on medical imaging.
  
•   Rising adoption of image management systems by hospitals and imaging lab.
  

Restraints:

•   However, presence of privacy and security concerns along with high cost of the image management software are likely to restrain market growth.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The medical image management market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the medical image management market in these regions.

IMPACT OF COVID-19 ON MEDICAL IMAGE MANAGEMENT MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS

The report covers key developments in the medical image management market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from medical image management market are anticipated to lucrative growth opportunities in the future with the rising demand for medical image management in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the medical image management market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Mckesson Corporation
  
•   General Electric Company
  
•   FUJIFILM Holdings America Corporation
  
•   IBM
  
•   Agfa-Gevaert Group
  
•   Koninklijke Philips N.V.
  
•   Sectra AB
  
•   Siemens Healthcare GmbH
  
•   Carestream Health
  
•   BridgeHead Software Ltd
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Medical Image Management Report Scope