Medical Image Analysis Software Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Medical image analysis software is used for examining the human body to diagnose, monitor, or treat medical conditions. Medical image analysis software aids in visualizing the interior of a human body for clinical analysis or medical intervention. The software is designed for advanced biomedical imaging visualization, measurement, and manipulation for diagnosis. Additionally, the system uses 3-D imaging modalities based on x-ray computed tomography, radionuclide emission tomography, ultrasound tomography, and magnetic resonance imaging.
MARKET SCOPE
The "Global Medical Image Analysis Software Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the medical image analysis software market with detailed market segmentation by product, imaging type, application, modality, end user, and geography. The report provides key statistics on the market status of the leading Medical image analysis software market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on product, the market is bifurcated into integrated software, and standalone software.
- Based on imaging type, the global medical image analysis software market is segmented into 2D imaging, 3D imaging, and 4D imaging.
- Based on application, the global medical image analysis software market is segmented into cardiology, orthopedics, oncology, neurology, nephrology, gynecology , dental applications, and others.
- Based on modality, the global medical image analysis software market is segmented into tomography, ultrasound imaging, radiographic imaging, and combined modalities.
- Based on end user, the global medical image analysis software market is segmented into hospitals, diagnostic centers, and research centres.
MARKET DYNAMICS
Drivers
- Increasing advancements in the imaging diagnostic
- Growing demand for telemedicine that requires digital reports.
- Rising infrastructure for digital technologies across the world.
Restraints
- High cost of deployment is expected to hinder the growth of market.
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 2019 to 2028 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 analysis software 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 analysis software market in these regions.
IMPACT OF COVID-19 ON MEDICAL IMAGE ANALYSIS SOFTWARE MARKET
COVID-19 pandemic has leveraged the growth opportunities for the market. The growth opportunities are supported due to increasing applications of telemedicine during imposed lockdowns. Furthermore, increased digitalization has helped in benefits both the service provider and patients. In addition, the COVID-19 pandemic has encouraged rising in innovations by developed and startup players in the market.
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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 2019 to 2028 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 analysis software 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 analysis software market in these regions.
IMPACT OF COVID-19 ON MEDICAL IMAGE ANALYSIS SOFTWARE MARKET
COVID-19 pandemic has leveraged the growth opportunities for the market. The growth opportunities are supported due to increasing applications of telemedicine during imposed lockdowns. Furthermore, increased digitalization has helped in benefits both the service provider and patients. In addition, the COVID-19 pandemic has encouraged rising in innovations by developed and startup players in the market.
MARKET PLAYERS
The report covers key developments in the Medical image analysis software 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 analysis software market are anticipated to lucrative growth opportunities in the future with the rising demand for Medical image analysis software market 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 analysis software 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.
- General Electric Company
- Koninklijke Philips N.V
- Siemens Medical Solutions USA, Inc
- CANON MEDICAL SYSTEMS CORPORATION
- Carestream Health
- MIM Software Inc
- ScienceSoft USA Corporation
- MIRADA MEDICAL LIMITED
- XINAPSE SYSTEMS LTD
- Esaote SpA
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.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
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Segment Covered
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Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
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Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Medical Image Analysis Software Market - By Product
1.3.2 Medical Image Analysis Software Market - By Imaging Type
1.3.3 Medical Image Analysis Software Market - By Application
1.3.4 Medical Image Analysis Software Market - By Modality
1.3.5 Medical Image Analysis Software Market - By End User
1.3.6 Medical Image Analysis Software Market - By Region
1.3.6.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. MEDICAL IMAGE ANALYSIS SOFTWARE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. MEDICAL IMAGE ANALYSIS SOFTWARE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. MEDICAL IMAGE ANALYSIS SOFTWARE MARKET - GLOBAL MARKET ANALYSIS
6.1. MEDICAL IMAGE ANALYSIS SOFTWARE - GLOBAL MARKET OVERVIEW
6.2. MEDICAL IMAGE ANALYSIS SOFTWARE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. MEDICAL IMAGE ANALYSIS SOFTWARE MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. INTEGRATED SOFTWARE
7.3.1. Overview
7.3.2. Integrated Software Market Forecast and Analysis
7.4. STANDALONE SOFTWARE
7.4.1. Overview
7.4.2. Standalone Software Market Forecast and Analysis
8. MEDICAL IMAGE ANALYSIS SOFTWARE MARKET - REVENUE AND FORECASTS TO 2028 - IMAGING TYPE
8.1. OVERVIEW
8.2. IMAGING TYPE MARKET FORECASTS AND ANALYSIS
8.3. 2D IMAGING
8.3.1. Overview
8.3.2. 2D Imaging Market Forecast and Analysis
8.4. 3D IMAGING
8.4.1. Overview
8.4.2. 3D Imaging Market Forecast and Analysis
8.5. 4D IMAGING
8.5.1. Overview
8.5.2. 4D Imaging Market Forecast and Analysis
9. MEDICAL IMAGE ANALYSIS SOFTWARE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. CARDIOLOGY
9.3.1. Overview
9.3.2. Cardiology Market Forecast and Analysis
9.4. ORTHOPEDICS
9.4.1. Overview
9.4.2. Orthopedics Market Forecast and Analysis
9.5. ONCOLOGY
9.5.1. Overview
9.5.2. Oncology Market Forecast and Analysis
9.6. NEUROLOGY
9.6.1. Overview
9.6.2. Neurology Market Forecast and Analysis
9.7. NEPHROLOGY
9.7.1. Overview
9.7.2. Nephrology Market Forecast and Analysis
9.8. GYNECOLOGY
9.8.1. Overview
9.8.2. Gynecology Market Forecast and Analysis
9.9. DENTAL APPLICATIONS
9.9.1. Overview
9.9.2. Dental Applications Market Forecast and Analysis
9.10. OTHERS
9.10.1. Overview
9.10.2. Others Market Forecast and Analysis
10. MEDICAL IMAGE ANALYSIS SOFTWARE MARKET - REVENUE AND FORECASTS TO 2028 - MODALITY
10.1. OVERVIEW
10.2. MODALITY MARKET FORECASTS AND ANALYSIS
10.3. TOMOGRAPHY
10.3.1. Overview
10.3.2. Tomography Market Forecast and Analysis
10.3.3. Computed Tomography (CT) Market
10.3.3.1. Overview
10.3.3.2. Computed Tomography (CT) Market Forecast and Analysis
10.3.4. Magnetic Resonance Imaging (MRI) Market
10.3.4.1. Overview
10.3.4.2. Magnetic Resonance Imaging (MRI) Market Forecast and Analysis
10.3.5. Positron Emission Tomography (PET) Market
10.3.5.1. Overview
10.3.5.2. Positron Emission Tomography (PET) Market Forecast and Analysis
10.3.6. Single-Photon Emission Computed Tomography (SPECT) Market
10.3.6.1. Overview
10.3.6.2. Single-Photon Emission Computed Tomography (SPECT) Market Forecast and Analysis
10.4. ULTRASOUND IMAGING
10.4.1. Overview
10.4.2. Ultrasound Imaging Market Forecast and Analysis
10.4.3. 2D Ultrasound Systems Market
10.4.3.1. Overview
10.4.3.2. 2D Ultrasound Systems Market Forecast and Analysis
10.4.4. 3D and 4D Ultrasound Systems Market
10.4.4.1. Overview
10.4.4.2. 3D and 4D Ultrasound Systems Market Forecast and Analysis
10.4.5. Doppler Imaging Market
10.4.5.1. Overview
10.4.5.2. Doppler Imaging Market Forecast and Analysis
10.5. RADIOGRAPHIC IMAGING
10.5.1. Overview
10.5.2. Radiographic Imaging Market Forecast and Analysis
10.6. COMBINED MODALITIES
10.6.1. Overview
10.6.2. Combined Modalities Market Forecast and Analysis
10.6.3. PET/CT Market
10.6.3.1. Overview
10.6.3.2. PET/CT Market Forecast and Analysis
10.6.4. SPECT/CT Market
10.6.4.1. Overview
10.6.4.2. SPECT/CT Market Forecast and Analysis
10.6.5. PET/MR Market
10.6.5.1. Overview
10.6.5.2. PET/MR Market Forecast and Analysis
11. MEDICAL IMAGE ANALYSIS SOFTWARE MARKET - REVENUE AND FORECASTS TO 2028 - END USER
11.1. OVERVIEW
11.2. END USER MARKET FORECASTS AND ANALYSIS
11.3. HOSPITALS
11.3.1. Overview
11.3.2. Hospitals Market Forecast and Analysis
11.4. DIAGNOSTIC CENTERS
11.4.1. Overview
11.4.2. Diagnostic Centers Market Forecast and Analysis
11.5. RESEARCH CENTRES
11.5.1. Overview
11.5.2. Research Centres Market Forecast and Analysis
12. MEDICAL IMAGE ANALYSIS SOFTWARE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
12.1. NORTH AMERICA
12.1.1 North America Medical Image Analysis Software Market Overview
12.1.2 North America Medical Image Analysis Software Market Forecasts and Analysis
12.1.3 North America Medical Image Analysis Software Market Forecasts and Analysis - By Product
12.1.4 North America Medical Image Analysis Software Market Forecasts and Analysis - By Imaging Type
12.1.5 North America Medical Image Analysis Software Market Forecasts and Analysis - By Application
12.1.6 North America Medical Image Analysis Software Market Forecasts and Analysis - By Modality
12.1.7 North America Medical Image Analysis Software Market Forecasts and Analysis - By End User
12.1.8 North America Medical Image Analysis Software Market Forecasts and Analysis - By Countries
12.1.8.1 United States Medical Image Analysis Software Market
12.1.8.1.1 United States Medical Image Analysis Software Market by Product
12.1.8.1.2 United States Medical Image Analysis Software Market by Imaging Type
12.1.8.1.3 United States Medical Image Analysis Software Market by Application
12.1.8.1.4 United States Medical Image Analysis Software Market by Modality
12.1.8.1.5 United States Medical Image Analysis Software Market by End User
12.1.8.2 Canada Medical Image Analysis Software Market
12.1.8.2.1 Canada Medical Image Analysis Software Market by Product
12.1.8.2.2 Canada Medical Image Analysis Software Market by Imaging Type
12.1.8.2.3 Canada Medical Image Analysis Software Market by Application
12.1.8.2.4 Canada Medical Image Analysis Software Market by Modality
12.1.8.2.5 Canada Medical Image Analysis Software Market by End User
12.1.8.3 Mexico Medical Image Analysis Software Market
12.1.8.3.1 Mexico Medical Image Analysis Software Market by Product
12.1.8.3.2 Mexico Medical Image Analysis Software Market by Imaging Type
12.1.8.3.3 Mexico Medical Image Analysis Software Market by Application
12.1.8.3.4 Mexico Medical Image Analysis Software Market by Modality
12.1.8.3.5 Mexico Medical Image Analysis Software Market by End User
12.2. EUROPE
12.2.1 Europe Medical Image Analysis Software Market Overview
12.2.2 Europe Medical Image Analysis Software Market Forecasts and Analysis
12.2.3 Europe Medical Image Analysis Software Market Forecasts and Analysis - By Product
12.2.4 Europe Medical Image Analysis Software Market Forecasts and Analysis - By Imaging Type
12.2.5 Europe Medical Image Analysis Software Market Forecasts and Analysis - By Application
12.2.6 Europe Medical Image Analysis Software Market Forecasts and Analysis - By Modality
12.2.7 Europe Medical Image Analysis Software Market Forecasts and Analysis - By End User
12.2.8 Europe Medical Image Analysis Software Market Forecasts and Analysis - By Countries
12.2.8.1 Germany Medical Image Analysis Software Market
12.2.8.1.1 Germany Medical Image Analysis Software Market by Product
12.2.8.1.2 Germany Medical Image Analysis Software Market by Imaging Type
12.2.8.1.3 Germany Medical Image Analysis Software Market by Application
12.2.8.1.4 Germany Medical Image Analysis Software Market by Modality
12.2.8.1.5 Germany Medical Image Analysis Software Market by End User
12.2.8.2 France Medical Image Analysis Software Market
12.2.8.2.1 France Medical Image Analysis Software Market by Product
12.2.8.2.2 France Medical Image Analysis Software Market by Imaging Type
12.2.8.2.3 France Medical Image Analysis Software Market by Application
12.2.8.2.4 France Medical Image Analysis Software Market by Modality
12.2.8.2.5 France Medical Image Analysis Software Market by End User
12.2.8.3 Italy Medical Image Analysis Software Market
12.2.8.3.1 Italy Medical Image Analysis Software Market by Product
12.2.8.3.2 Italy Medical Image Analysis Software Market by Imaging Type
12.2.8.3.3 Italy Medical Image Analysis Software Market by Application
12.2.8.3.4 Italy Medical Image Analysis Software Market by Modality
12.2.8.3.5 Italy Medical Image Analysis Software Market by End User
12.2.8.4 Spain Medical Image Analysis Software Market
12.2.8.4.1 Spain Medical Image Analysis Software Market by Product
12.2.8.4.2 Spain Medical Image Analysis Software Market by Imaging Type
12.2.8.4.3 Spain Medical Image Analysis Software Market by Application
12.2.8.4.4 Spain Medical Image Analysis Software Market by Modality
12.2.8.4.5 Spain Medical Image Analysis Software Market by End User
12.2.8.5 United Kingdom Medical Image Analysis Software Market
12.2.8.5.1 United Kingdom Medical Image Analysis Software Market by Product
12.2.8.5.2 United Kingdom Medical Image Analysis Software Market by Imaging Type
12.2.8.5.3 United Kingdom Medical Image Analysis Software Market by Application
12.2.8.5.4 United Kingdom Medical Image Analysis Software Market by Modality
12.2.8.5.5 United Kingdom Medical Image Analysis Software Market by End User
12.3. ASIA-PACIFIC
12.3.1 Asia-Pacific Medical Image Analysis Software Market Overview
12.3.2 Asia-Pacific Medical Image Analysis Software Market Forecasts and Analysis
12.3.3 Asia-Pacific Medical Image Analysis Software Market Forecasts and Analysis - By Product
12.3.4 Asia-Pacific Medical Image Analysis Software Market Forecasts and Analysis - By Imaging Type
12.3.5 Asia-Pacific Medical Image Analysis Software Market Forecasts and Analysis - By Application
12.3.6 Asia-Pacific Medical Image Analysis Software Market Forecasts and Analysis - By Modality
12.3.7 Asia-Pacific Medical Image Analysis Software Market Forecasts and Analysis - By End User
12.3.8 Asia-Pacific Medical Image Analysis Software Market Forecasts and Analysis - By Countries
12.3.8.1 Australia Medical Image Analysis Software Market
12.3.8.1.1 Australia Medical Image Analysis Software Market by Product
12.3.8.1.2 Australia Medical Image Analysis Software Market by Imaging Type
12.3.8.1.3 Australia Medical Image Analysis Software Market by Application
12.3.8.1.4 Australia Medical Image Analysis Software Market by Modality
12.3.8.1.5 Australia Medical Image Analysis Software Market by End User
12.3.8.2 China Medical Image Analysis Software Market
12.3.8.2.1 China Medical Image Analysis Software Market by Product
12.3.8.2.2 China Medical Image Analysis Software Market by Imaging Type
12.3.8.2.3 China Medical Image Analysis Software Market by Application
12.3.8.2.4 China Medical Image Analysis Software Market by Modality
12.3.8.2.5 China Medical Image Analysis Software Market by End User
12.3.8.3 India Medical Image Analysis Software Market
12.3.8.3.1 India Medical Image Analysis Software Market by Product
12.3.8.3.2 India Medical Image Analysis Software Market by Imaging Type
12.3.8.3.3 India Medical Image Analysis Software Market by Application
12.3.8.3.4 India Medical Image Analysis Software Market by Modality
12.3.8.3.5 India Medical Image Analysis Software Market by End User
12.3.8.4 Japan Medical Image Analysis Software Market
12.3.8.4.1 Japan Medical Image Analysis Software Market by Product
12.3.8.4.2 Japan Medical Image Analysis Software Market by Imaging Type
12.3.8.4.3 Japan Medical Image Analysis Software Market by Application
12.3.8.4.4 Japan Medical Image Analysis Software Market by Modality
12.3.8.4.5 Japan Medical Image Analysis Software Market by End User
12.3.8.5 South Korea Medical Image Analysis Software Market
12.3.8.5.1 South Korea Medical Image Analysis Software Market by Product
12.3.8.5.2 South Korea Medical Image Analysis Software Market by Imaging Type
12.3.8.5.3 South Korea Medical Image Analysis Software Market by Application
12.3.8.5.4 South Korea Medical Image Analysis Software Market by Modality
12.3.8.5.5 South Korea Medical Image Analysis Software Market by End User
12.4. MIDDLE EAST AND AFRICA
12.4.1 Middle East and Africa Medical Image Analysis Software Market Overview
12.4.2 Middle East and Africa Medical Image Analysis Software Market Forecasts and Analysis
12.4.3 Middle East and Africa Medical Image Analysis Software Market Forecasts and Analysis - By Product
12.4.4 Middle East and Africa Medical Image Analysis Software Market Forecasts and Analysis - By Imaging Type
12.4.5 Middle East and Africa Medical Image Analysis Software Market Forecasts and Analysis - By Application
12.4.6 Middle East and Africa Medical Image Analysis Software Market Forecasts and Analysis - By Modality
12.4.7 Middle East and Africa Medical Image Analysis Software Market Forecasts and Analysis - By End User
12.4.8 Middle East and Africa Medical Image Analysis Software Market Forecasts and Analysis - By Countries
12.4.8.1 South Africa Medical Image Analysis Software Market
12.4.8.1.1 South Africa Medical Image Analysis Software Market by Product
12.4.8.1.2 South Africa Medical Image Analysis Software Market by Imaging Type
12.4.8.1.3 South Africa Medical Image Analysis Software Market by Application
12.4.8.1.4 South Africa Medical Image Analysis Software Market by Modality
12.4.8.1.5 South Africa Medical Image Analysis Software Market by End User
12.4.8.2 Saudi Arabia Medical Image Analysis Software Market
12.4.8.2.1 Saudi Arabia Medical Image Analysis Software Market by Product
12.4.8.2.2 Saudi Arabia Medical Image Analysis Software Market by Imaging Type
12.4.8.2.3 Saudi Arabia Medical Image Analysis Software Market by Application
12.4.8.2.4 Saudi Arabia Medical Image Analysis Software Market by Modality
12.4.8.2.5 Saudi Arabia Medical Image Analysis Software Market by End User
12.4.8.3 U.A.E Medical Image Analysis Software Market
12.4.8.3.1 U.A.E Medical Image Analysis Software Market by Product
12.4.8.3.2 U.A.E Medical Image Analysis Software Market by Imaging Type
12.4.8.3.3 U.A.E Medical Image Analysis Software Market by Application
12.4.8.3.4 U.A.E Medical Image Analysis Software Market by Modality
12.4.8.3.5 U.A.E Medical Image Analysis Software Market by End User
12.5. SOUTH AND CENTRAL AMERICA
12.5.1 South and Central America Medical Image Analysis Software Market Overview
12.5.2 South and Central America Medical Image Analysis Software Market Forecasts and Analysis
12.5.3 South and Central America Medical Image Analysis Software Market Forecasts and Analysis - By Product
12.5.4 South and Central America Medical Image Analysis Software Market Forecasts and Analysis - By Imaging Type
12.5.5 South and Central America Medical Image Analysis Software Market Forecasts and Analysis - By Application
12.5.6 South and Central America Medical Image Analysis Software Market Forecasts and Analysis - By Modality
12.5.7 South and Central America Medical Image Analysis Software Market Forecasts and Analysis - By End User
12.5.8 South and Central America Medical Image Analysis Software Market Forecasts and Analysis - By Countries
12.5.8.1 Brazil Medical Image Analysis Software Market
12.5.8.1.1 Brazil Medical Image Analysis Software Market by Product
12.5.8.1.2 Brazil Medical Image Analysis Software Market by Imaging Type
12.5.8.1.3 Brazil Medical Image Analysis Software Market by Application
12.5.8.1.4 Brazil Medical Image Analysis Software Market by Modality
12.5.8.1.5 Brazil Medical Image Analysis Software Market by End User
12.5.8.2 Argentina Medical Image Analysis Software Market
12.5.8.2.1 Argentina Medical Image Analysis Software Market by Product
12.5.8.2.2 Argentina Medical Image Analysis Software Market by Imaging Type
12.5.8.2.3 Argentina Medical Image Analysis Software Market by Application
12.5.8.2.4 Argentina Medical Image Analysis Software Market by Modality
12.5.8.2.5 Argentina Medical Image Analysis Software Market by End User
13. IMPACT OF COVID-19 PANDEMIC ON GLOBAL MEDICAL IMAGE ANALYSIS SOFTWARE MARKET
13.1 North America
13.2 Europe
13.3 Asia-Pacific
13.4 Middle East and Africa
13.5 South and Central America
14. INDUSTRY LANDSCAPE
14.1. MERGERS AND ACQUISITIONS
14.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
14.3. NEW PRODUCT LAUNCHES
14.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
15. MEDICAL IMAGE ANALYSIS SOFTWARE MARKET, KEY COMPANY PROFILES
15.1. GENERAL ELECTRIC COMPANY
15.1.1. Key Facts
15.1.2. Business Description
15.1.3. Products and Services
15.1.4. Financial Overview
15.1.5. SWOT Analysis
15.1.6. Key Developments
15.2. KONINKLIJKE PHILIPS N.V
15.2.1. Key Facts
15.2.2. Business Description
15.2.3. Products and Services
15.2.4. Financial Overview
15.2.5. SWOT Analysis
15.2.6. Key Developments
15.3. SIEMENS MEDICAL SOLUTIONS USA, INC
15.3.1. Key Facts
15.3.2. Business Description
15.3.3. Products and Services
15.3.4. Financial Overview
15.3.5. SWOT Analysis
15.3.6. Key Developments
15.4. CANON MEDICAL SYSTEMS CORPORATION
15.4.1. Key Facts
15.4.2. Business Description
15.4.3. Products and Services
15.4.4. Financial Overview
15.4.5. SWOT Analysis
15.4.6. Key Developments
15.5. CARESTREAM HEALTH
15.5.1. Key Facts
15.5.2. Business Description
15.5.3. Products and Services
15.5.4. Financial Overview
15.5.5. SWOT Analysis
15.5.6. Key Developments
1. General Electric Company
2. Koninklijke Philips N.V
3. Siemens Medical Solutions USA, Inc
4. CANON MEDICAL SYSTEMS CORPORATION
5. Carestream Health
6. MIM Software Inc
7. ScienceSoft USA Corporation
8. MIRADA MEDICAL LIMITED
9. XINAPSE SYSTEMS LTD
10. Esaote SpA
11. Bruker Corporation
12. Imaging Biometrics, LLC.
13. Neusoft Corporation
14. Toshiba Medical Systems Corporation
15. MeVis Medical Solutions AG
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.