MarketResearchReports.biz announces the availability of a fresh business and commerce study, titled “Medical Imaging Information System Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022.” The report is a summation of overview of the market, offers analysis of growth opportunities based on dynamics such as drivers, restraints, and trends, segments the market on the basis of modality, end-user, and software type, takes stock of the potential of this market in various regions and countries, and explores the competitive landscape while profiling a number of companies for their market share, product portfolio, and recent strategic decisions. The aspiration of the report is to serve as a credible business tool for its targeted audiences such as medical imaging modality manufacturers, general healthcare software providers, medical imaging software providers, and healthcare associations.
As per the projections of the report, the demand in the global medical imaging information system market will increment at a CAGR of 5.50% during the forecast period of 2017 to 2022. The report has evaluated that the opportunities in this market were worth US$772.4 mn in 2017 and estimates it to swell up to US$993.6 mn by the end of 2022. Some of the key factors augmenting the demand in the global medical imaging information system market are increasing prevalence of chronic diseases, technological advancements in diagnostic modalities, and increased investments and funds provided for research by government and private organizations. On the other hand, high cost of medical imaging systems, shortage of helium, and unfavorable reimbursement scenarios are a few factors obstructing the market from attaining its true potential.
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The report has notes that the prosperity of the medical imaging information systems market is a reflection of the growing need for effective management of medical imagery and associated information and data. At the same time, the awareness among the end users has increased that these systems can track the billing information and orders of radiology imaging. Consequently, the application of medical imaging information systems is augmenting record keeping, billing, and management of image archives together with vendor neutral archive (VNAs) and PACS.
Based on modality, the report segments the global medical imaging information system market into computed tomography, magnetic resonance imaging, ultrasound, positron emission tomography, mammography, and X-ray. Over the course of the forecast period, the segment of computed tomography is projected to account for the maximum demand. Based on end user, the report bifurcates the market into diagnostic imaging centers, hospitals, and ambulatory surgical centers (ASCs). On the basis of software type, the market has been categorized into PACS system management, integrated software solutions, and radiology information systems.
Geographically, the report takes stock of the potential of medical imaging information system market in the regions of North America, Latin America, Europe, Asia Pacific expect Japan (APEJ), and the Middle East and Africa (MEA), and in the country of Japan. Currently, North America is most lucrative region and is expected to remain so throughout the forecast period.
As far as the competitive landscape is concerned, the report has detected intensely fought scenario wherein a large number of players are connected to the value chain. The report detects GE Healthcare, Mindray Medical, Varian Medical Systems, Hologic, Hitachi, Toshiba, Philips, Fujifilm, Siemens Healthcare, Neusoft Medical Systems, and Esaote as some of the key companies operating in this market, and most of them are concentrating on product innovation and upgrades in order to maintain their stronghold over the competition. A number of them also actively indulge in strategic partnerships and collaboration to expand their customers and regional presence.