According to the report published by the Market Research Store, global demand for the medical imaging workstations market was estimated at approximately USD 4,808.4 Million in 2020 and is expected to generate revenue of around USD 7,200.6 Million by the end of 2026, growing at a CAGR of around 7.2% between 2021 and 2026.
Global Medical Imaging Workstations Market: Overview
The medical image presents potential and key advances in science and medicines, with a higher quality of images for the diagnosis of disease. The workstation of such images consists of recording, storing the results of diagnostic with help of software embedded diagnostic devices that help the health care professionals to care for the disease of interest-based on the treatment schedule. Imaging science has three lines of investigation such as segmentation, registration, and visualization. To merge all such segments in one workstation with the help of promising techniques like PACS (picture archiving and communication systems). There are many types of approaches available such as image-guided workstations, DICOM standards, and model-based therapy, etc.
Global Medical Imaging Workstations Market: Growth Factor
Various key factors driving the market growth in the global medical imaging workstations include the growing use of medical imaging workstations to keep up the information flow, healthcare records, and correct diagnosis. The introduction of technologically superior and low-priced systems is also projected to propel the growth of global medical imaging workstations. Furthermore, other significant aspects that are expected to increase the market expansion are the increasing worldwide burden of target diseases, the growing public-private investments to support product improvement, the establishment of innovative medical facilities, and the augmented product commercialization, the developing user preference for digital platforms.
Moreover, the increasing amount of lifestyle-related chronic diseases is likely to enhance the demand for protective diagnostic tools, which will help the market size to grow. The increasing awareness regarding preventive healthcare, the launching of highly developed devices, and the favorable reimbursement policies are some elements accelerating the growth of the market.
| REPORT SNAPSHOT & REPORTING DATA TIMEFRAME |
| Parameter | Details |
| Historical Date ( Actual Data) | 2016 - 2020 |
| Base Year Data | 2020 |
| Current Year Data | 2021 |
| Projected Data | 2021 - 2026 |
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Report coverage
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Revenue forecast, company ranking, competitive landscape, growth factors, and trends
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Segments covered
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product type, application, region
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Regional scope
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North America; Europe; Asia Pacific; Central & South America; Middle East & Africa
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Country Scope
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U.S.; Canada; Mexico; Germany; France; U.K.; China; Japan; South Korea; Singapore; Malaysia; Brazil; Saudi Arabia
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Customization scope
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Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to meet your exact research needs. Explore purchase options
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Global Medical Imaging Workstations Market: Segmentation
The global medical imaging workstations market is categorized into modality, component, usage mode, application, and clinical specialty. Based on the modality, the global market is classified into magnetic resonance imaging (MRI), computed tomography (CT), ultrasound, mammography, and others. On the basis of components, the global market is segmented into display units, display controller cards, visualization software, and central processing units. The global medical imaging workstations market based on the usage mode is divided into thick client workstations and thin client workstations. Based on the application, the global market is separated into the clinical review, diagnostic imaging, and advanced imaging. On the basis of clinical specialty, the global market is bifurcated into oncology, cardiology, urology, obstetrics and gynecology, general imaging/radiology, orthopedics, mammography, and other clinical specialties.
Global Medical Imaging Workstations Market: Regional Analysis
In terms of region, North America is anticipated for the major share of the market in the global medical imaging workstations. This is because of factors such as the high incidence of various target diseases, the occurrence of a huge number of imaging centers, the rapid adoption of technologically superior imaging systems, and the presence of top market companies in this region. Also, the favorable reimbursement policies and rising adoption of digital platforms for diagnosis are other factors likely to fuel the market of North America.
The market of Asia Pacific is expected to record the highest growth rate in the forthcoming years owing to the escalating demand for superior imaging and the occurrence of local market players in rising countries such as India, China, and South Korea. Moreover, countries such as Malaysia, Thailand, and India are observing a sudden increase in medical facilities like an expansion of imaging clinics and centers owing to the mounting healthcare spending in these regions. Besides, the growing funds made by public and private units in the form of investments are projected to impel the regional market over the analysis period.
Global Medical Imaging Workstations Market: Competitive Players
Koninklijke Philips N.V., Pie Medical Imaging, General Electric Company, Siemens AG, Canon Medical Systems Corporation, Fujifilm Holdings Corporation, Carestream Health, Carl Zeiss Meditec AG, Hologic, Accuray Incorporated, Ampronix, Capsa Healthcare, Medicor Imaging, Alma IT Systems, and NGI Group are several leading players driving in the global medical imaging workstations market.
Moreover, some strategic programs taken by the major market players are numerous product launches and intensification of the product portfolio. Also, the occurrence of local companies in emergent countries is growing the achievement of medical imaging workstations at low costs. This will augment its adoption, driving market growth across the globe.
Global Medical Imaging Workstations Market: By Modality
- Magnetic Resonance Imaging (MRI)
- Computed Tomography (CT)
- Ultrasound
- Mammography
- Others
Global Medical Imaging Workstations Market: By Component
- Display Units
- Display Controller Cards
- Visualization Software
- Central Processing Units
Global Medical Imaging Workstations Market: By Usage Mode
- Thick Client Workstations
- Thin Client Workstations
Global Medical Imaging Workstations Market: By Application
- Clinical Review
- Diagnostic Imaging
- Advanced Imaging
Global Medical Imaging Workstations Market: By Clinical Specialty
- Oncology
- Cardiology
- Urology
- Obstetrics and Gynecology
- General Imaging/Radiology
- Orthopedics
- Mammography
- Other Clinical Specialties
Global Medical Imaging Workstations Market: Regional Segmentation Analysis
- North America
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC Countries
- South Africa
- Rest of Middle East & Africa
Frequently Asked Questions
What are the key factors driving global medical imaging workstations market expansion?
Various key factors driving the market growth in the global medical imaging workstations include the growing use of medical imaging workstations to keep up the information flow, healthcare records, and correct diagnosis.
What will be the value of the medical imaging workstations market during 2021 - 2026?
The global demand for the medical imaging workstations market was estimated at approximately USD 4,808.4 Million in 2020 and is expected to generate revenue of around USD 7,200.6 Million by the end of 2026, growing at a CAGR of around 7.2% between 2021 and 2026.
Which region will make notable contributions towards global medical imaging workstations market revenue?
In terms of region, North America is anticipated for the major share of the market in the global medical imaging workstations. This is because of factors such as the high incidence of various target diseases, the occurrence of a huge number of imaging centers, the rapid adoption of technologically superior imaging systems, and the presence of top market companies in this region.
What are the key players leveraging medical imaging workstations market growth?
Koninklijke Philips N.V., Pie Medical Imaging, General Electric Company, Siemens AG, Canon Medical Systems Corporation, Fujifilm Holdings Corporation, Carestream Health, Carl Zeiss Meditec AG, Hologic, Accuray Incorporated, Ampronix, Capsa Healthcare, Medicor Imaging, Alma IT Systems, and NGI Group are several leading players driving in the global medical imaging workstations market.
