Medical Image Management Market Records USD 5.78 Billion Huge Revenue by 2021 - Says Top Players

The prominent players in the medical image management market are McKesson Corporation (U.S.), GE Company (U.S.), Fujifilm Holdings Corporation (Japan), Merge Healthcare Inc. (IBM Corporation) (U.S.), Agfa-Gevaert Group (Belgium), Philips Healthcare (Royal Philips Electronics)(The Netherlands), Siemens Healthcare (Siemens AG)(Germany), Carestream Health, Inc. (Onex Corporation) (U.S.), BridgeHead Software (U.K.), and Novarad Corporation (U.S.).

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The global medical image management market is expected to reach USD 5.78 Billion by 2021 from USD 4.22 Billion in 2016, growing at a CAGR of 6.5% from 2016 to 2021. Major factors contributing to growth of medical image management market include technological advancements in diagnostic imaging modalities and image management solutions, growing investments in medical imaging market.

Factors driving medical image management market growth include technological advancements in diagnostic imaging modalities & solutions, growing investments in medical imaging market, government initiatives to encourage EMR adoption, increasing usage of imaging equipment, rapid growth in geriatric imaging volumes, growing adoption of VNA, growing adoption of image management systems by small hospitals and imaging centers and rapidly growing big data in healthcare.

Market Stakeholders:

• Medical image management software providers
• Diagnostic imaging equipment vendors/service providers
• Standalone image management software/workstation providers
• Healthcare IT service providers
• Research and consulting firms
• Diagnostic imaging centers
• Hospitals
• Venture capitalists
• Government agencies
• Market research and consulting firms

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Medical Image Management Market growth is driven by the technological advancements in diagnostic imaging modalities and medical image management market, growing investments in medical imaging market, increasing usage of imaging equipment, government initiatives to encourage EMR adoption, rapid growth in geriatric imaging volumes, growing adoption of VNA, growing adoption of image management systems by small hospitals and imaging centers and rapidly growing big data in healthcare.

Furthermore, integration of PACS/VNA with EMR and ECM and increasing consolidation in healthcare have opened an array of opportunities for growth of medical image management market. Factors like a longer product lifecycle of VNAs & budgetary constraints & may restrain growth of this market. Apart from comprehensive geographical & product analysis and market sizing, report also provides a competitive landscape that covers growth strategies adopted by industry players over last three years.

More Information on this study “Medical Image Management Market by Product (PACS (Departmental (Radiology, Cardiology), Enterprise), VNA (On-premise, Hybrid, Cloud, Multi-department, Multi-site, ISV), AICA) & End user (Hospitals, Diagnostic Imaging Centers, ASC, CRO) – Forecasts to 2021” report at https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=705691 .

North America dominates medical image management market, with the U.S. accounting for the major share. This can be attributed to increase in geriatric population, high incidence/prevalence of various diseases (such as cancer and CVD), large number of imaging centers in this region, ongoing research activities, fast adoption of technologically advanced imaging systems, and increasing awareness about the benefits of early diagnosis of diseases.

Competitive Landscape

1 Overview

2 Market Share Analysis

3 Competitive Situation and Trends

4 Product Launches & Upgrades

5 Partnerships, Agreements, and Collaborations

6 Expansions

7 Acquisitions

In addition, company profiles comprise basic views on key players in medical image management market and their product portfolios, developments, & strategies. increasing usage of imaging equipment, rapid growth in geriatric imaging volumes, growing adoption of Vendor Neutral Archive (VNA), growing adoption of image management systems by small hospitals and imaging centers & rapidly growing big data in healthcare.

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