Infinium Global Research Medical Image Analysis Software Market | Page 7

Medical Image Analysis Software Market: Global Industry Analysis, Trends, Market Size and
Forecasts up to 2023
The study on global medical image analysis software market provides deep insights into the
trends and opportunities in the market for the forecast period 2017 to 2023. Moreover, the
market estimates are provided in terms of revenue in USD million. Furthermore, the
research covers the analysis of the various segments in the global medical image analysis
software market. The estimates in the global medical image analysis software market are
based on both bottom-up and top-down approaches. In the bottom-up approach the
revenues of the key players are determined and added to arrive at country or regional
markets size. The country market sizes added to arrive at the regional market size. Further,
the market size of the regions is added to arrive at the global market size of medical image
analysis software market.
In the top-down approach the global market size is estimated based on the secondary
research and historic data. Using this approach the regional market size is obtained by
splitting the global number by percentage share of each region such as North America,
Europe, Asia-Pacific, and RoW. The regional market was then divided as per the market
share of the sub-markets.
Executive Summary
Global Medical image analysis software Market Highlights, (USD Million)
The global medical image analysis software market is expected to grow at a CAGR of 7.8%
between 2017 and 2023 in terms of value. The data accuracy is the most important concern
for the healthcare sector. The diagnosis is done by using the collected data which is
responsible to fix the patients course of treatment. The medical image analysis software
helps to read and store the clinical data in the very efficient manner. The demand of
medical image analysis software in various fields such as cardiology, orthopaedic, oncology,
urology, neurology and other is rising rapidly. The factors such as increasing occurrence of
chronic diseases and the technological advancements in the medical imagining are driving
the market of medical image analysis software.
In addition, growing healthcare infrastructure, rising government support, introduction of
new and advance technologies such as 3D, 4D, ultrasonic and so on is expected to boost the
growth of the market over the forecast period. However, the adoption of the medical image
© Infinium Global Research
Page 7