According to the report, North America Medical Image Analysis Software Market was worth USD 0.83 billion in 2016 and estimated to be growing at a CAGR of 7.56%, to reach USD 1.20 billion by 2021. Medical image analysis refers to the process of examining health related predicaments with the aid of digital image processing technique and several imaging modalities.

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Medical image analysis software is a vital part of the diagnostic technology and is utilized to enhance and detect features of an image. It is used to boost the productivity and effectiveness of medical procedures. In addition, healthcare specialists and researchers at distant sites can effortlessly share the medical image data with the help of medical image analysis software, thereby improving their ability to detect, monitor and treat lethal diseases.

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The growth of the North America Medical Image Analysis Software Market is mainly driven by factors such as rising public and private sector investments, rapid growth in aging populace, favourable government schemes, fusion of imaging technologies, and rise in applications of computer-aided design (CAD). Furthermore, the amplified use of electronic health records to efficiently store, handle, and supply patient health data in the form of medical images is also driving the market growth. However, factors such as shortage of skilled professionals, hacking related concerns, and high financial costs are inhibiting the growth of the market in this region.

Market Segmentation                                              

Image Type                                
2D Imaging              
3D Imaging              
4D Imaging              
Y-o-Y Growth Analysis, By Image Type       
Market Attractiveness Analysis, By Image Type     
Market Share Analysis, By Image Type      
Imaging Technology                                
X-Ray         
Computed Tomography    
High-End Slice CT
Mid-End Slice CT
Low-End Slice CT
Positron Emission Tomography      
Single Photon Emission Computed Tomography    
Magnetic Resonance Imaging         
Open MRI Systems
Closed MRI Systems
Ultrasound              
Radiographic Imaging         
Y-o-Y Growth Analysis, By Imaging Technology      
Market Attractiveness Analysis, By Imaging Technology 
Market Share Analysis, By Imaging Technology   
Application                 
Cardiovascular       
Neurology               
Dental       
Urology    
Orthopaedic           
Oncology 
Obstetrics and Gynaecology            
Mammography     
Y-o-Y Growth Analysis, By Application     
Market Attractiveness Analysis, By Application   
Market Share Analysis, By Application     
End User                      
Hospitals  
Research Centres 
Diagnostic Centres               
Y-o-Y Growth Analysis, By End User            
Market Attractiveness Analysis, By End User          
Market Share Analysis, By End User        
 

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Reasons to buy Medical Image Analysis Software Market Report:

Regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
Segment-level analysis on basis of animals and product along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
 

The North America market has been geographically segmented into segmented into US and Canada. As of 2015, North America leads the global medical image analysis software market, accounting for more than 34% of the entire market share. The increased government funding focused on enhancing the imaging facility is the prime growth driver for the market in this region.

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This market is extremely disjointed with numerous big and developing players operating in the business. The major companies dominating the Medical Image Analysis Software market in this region are Agfa HealthCare, Medviso AB, Aquilab, Bruker Corporation, Carestream Health Inc., Esaote S.p.A, GE Healthcare, Spacelabs Healthcare, Merge Healthcare Inc., Xinapse Systems Ltd., MIM Software Inc., Philips Healthcare, Claron Technologies, Siemens Healthcare, and Toshiba Medical Systems Corporation.

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