The global medical imaging analysis software market was valued at US$ 3612.77 Mn in 2021 and is forecast to reach a value of US$ 6002.05 Mn by 2028 at a CAGR of 7.6% between 2021 and 2028. The global medical imaging analysis software market is experiencing strong growth owing to the increasing prevalence of chronic diseases across the globe and technological advancements in the field of medical imaging. Over the years, medical imaging has evolved from relatively primitive 2D scans into high-resolution sources of valuable information. The use of 3D imaging (even 4D imaging) technologies in medical imaging has the ability to create better images, as well as powerful results. Moreover, increasing prevalence of chronic disease worldwide is expected to aid in the growth of the market.
Global Medical Imaging Analysis Software Market Trends:
Technological advancements in medical imaging systems and analysis software is expected to dive growth of the global medical imaging analysis software market. For instance, in July 2022, Siemens Healthineers announced integration of Subtle Medical's image-enhancement software, named SubtleMR. SubtleMR offers deep learning post-processing for denoising and increased sharpness on faster MRI sequences, enabling improved image quality, optimized workflow, and a better patient experience.
Increasing prevalence of various heart diseases is expected to propel the growth of the global medical imaging analysis software market. For instance, new imaging tests are a way to assess the cardiovascular condition among patients not necessarily at low/high risk for cardiovascular disease. According to the World Health Organization (CMI), cardiovascular diseases (CVDs) are the leading cause of death globally, taking an estimated 17.9 million lives each year.
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