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Medical Imaging Workstations Market

Medical Imaging Workstations Market Size, Share & By Modality (Magnetic Resonance Imaging, Computed Tomography, Ultrasound, Mammography), By Component (Visualization Software, Display Units, Display Controller Cards, Central Processing Units), By Usage Mode (Thin Client Workstations, Thick Client Workstations), By Application (Diagnostic Imaging, Clinical Review, Advanced Imaging), By Clinical Specialty (Oncology, Cardiology, General Imaging/Radiology, Obstetrics and Gynecology, Orthopedics, Mammography, Urology), by Regions and Global Forecast 2022-2028

Report Id: SNS/HC/2085 | June 2022 | Region: Global | 125 Pages

Report Scope Overview:

Medical Imaging Workstations Market Size was valued at USD 5.1 billion in 2021, and is expected to reach USD 8.6 billion by 2028, and grow at a CAGR of 7.8% over the forecast period 2022-2028.

The medical imaging workstations are significant parts of the digital imaging system. Software that is already installed on medical workstations helps to automate the procedures. Due to the market's high standards for interoperability, the range of medical imaging workstations is expanding. Open systems and open source are working together to build technology and make the software available to the public as a result of the workstations' quick evolution. Open systems have become more prominent and are important in the field of medical imaging. Open-source software, which is free and in the public domain, is used on workstations more commonly by those who use medical imaging.

Medical Imaging Workstations Market

The expansion is being driven exclusively by the acceptance of medical imaging workstations for keeping track of patient information, information flow, and precise diagnosis. We anticipate the release of technologically sophisticated and reasonably priced equipment to further support the growth. The development and uptake of medical imaging workstations is being aided by the paradigm shift toward automated methods for illness diagnosis. Throughout the projection period, it is predicted that a rise in ambulatory and outpatient imaging centers would fuel demand for medical imaging workstations. It is anticipated that throughout the forecast period, there will be a significant increase in the demand for economical diagnostic solutions in isolated rural locations. But there are several obstacles and problems that will prevent the market from expanding. Some of the barriers to market expansion are high product prices, a shortage of trained workers, and lack of awareness.

MARKET DYNAMICS

DRIVERS

  • The Global Burden of Target Diseases is Growing

  • More widespread product commercialization

  • More Money Being Invested to Support Product Development

  • medical imaging workstations are being adopted more widely

  • Changes in User Preference for Digital Platforms

  • Creating New Medical Facilities

RESTRAINTS

  • Pricing for High-End Goods

OPPORTUNITIES

  • Workflows for medical imaging that incorporate cloud-based technologies and AI

  • Unknown emerging markets

CHALLENGES

  • Lack of Skilled Workers

  • Lack of Knowledge

MARKET ESTIMATION

By Modality

The majority of the market is dominated by computed tomography (CT). By displaying a thorough interior anatomy, a CT scan aids in selecting the best course of treatment. The use of CT contributes to shorter hospital stays and more comfortable patients. As a result, during the projected period, segment expansion is anticipated to be influenced by the increased preference for CT over other diagnostic technologies.

Due to its key advantages, including noninvasiveness and the capacity to produce 3D images using magnetic fields and radio waves, Magnetic Resonance Imaging (MRI) is predicted to experience significant development during the projected period. The exposure to radiation and its negative effects are reduced when an MRI is used for diagnosis. Other modality categories, including as mammography and ultrasound, are anticipated to experience significant increase throughout the estimated period.

By Component

The market for visualization software is anticipated to grow significantly over the forecast period. With the use of this programmed, a complex set of data can be understood precisely and accurately. To do this, a lot of data must be gathered, and the data must be presented clearly. As a result, these aids medical professionals in making a precise diagnosis.

A cost-effective component for disease diagnosis and data presentation is hardware. These include equipment for data processing and displaying. The segment is anticipated to be driven throughout the projected period by the availability of inexpensive integrated circuits, compact storage units, and the advent of advanced.

By Usage Mode

Thin Client workstations and Thick Client workstations are the two market segments. The market category for thin client workstations is anticipated to hold a bigger share. The demand for thin client workstations is primarily being driven by factors like the growing need of early and accurate patient diagnosis (combined with provider emphasis on increased workflow efficiency) and the growing inclination for remote and multimodal patient monitoring.

By Application

Clinical review, Diagnostic imaging, and advanced imaging workstations are the three categories under which the medical imaging workstations market is divided. Due to the market's ongoing shift from 2D to 3D clinical diagnostics and the increased integration of cloud-based solutions, PACS, and thin-client platforms into healthcare infrastructure across developed countries, the diagnostic imaging workstations segment is anticipated to hold the largest share of the market.

By Clinical Specialty

The market is divided into categories such as general imaging/radiology, cancer, cardiology, obstetrics and gynecology, mammography, orthopedics, urology, and other clinical specialties. Due to the increasing demand for early and efficient cancer diagnosis and treatment, as well as the increased use of multimodal diagnostic for an accurate clinical assessment of cancer, the oncology segment is predicted to have the greatest proportion of the market. Some of the factors promoting the growth of this market segment include the rising incidence of cancer across major healthcare markets, the ongoing commercialization of medical imaging workstations specifically designed for oncology, and the robust research ecosystem aimed at the development of novel cancer diagnosis & treatment strategies.

COMPETITIVE LANDSCAPE

Some of the major key players are as follows: Alma Medical Imaging, Carl-Zeiss Meditec AG, Ampronix, Canon, Accuray Incorporated, Carestream Health, Hologic, Fujifilm Holdings Corporation, Capsa Solutions LLC, General Electric Company, Medicor Imaging, Koninklijke Philips N.V., NGI Group.

MARKET SEGMENTS:

By Modality

  • Magnetic Resonance Imaging

  • Computed Tomography

  • Ultrasound

  • Mammography

By Component

  • Visualization Software

  • Display Units

  • Display Controller Cards

  • Central Processing Units

By Usage Mode

  • Thin Client Workstations

  • Thick Client Workstations

By Application

  • Diagnostic Imaging

  • Clinical Review

  • Advanced Imaging

By Clinical Specialty

  • Oncology

  • Cardiology

  • General Imaging/Radiology

  • Obstetrics and Gynecology

  • Orthopedics

  • Mammography

  • Urology

Medical Imaging Workstations Market

REGIONAL ANALYSIS

The biggest portion of the overall industry was held by North America. A few of the elements anticipated to have a significant impact on regional market dynamics include the existence of international companies, advantageous reimbursement scenarios, and increased adoption of digital platforms for diagnosis. The area is anticipated to maintain its dominance till.

During the forecasted years, Asia Pacific is expected to have the highest CAGR. Some of the elements promoting regional expansion include the rise in demand for sophisticated imaging and the existence of local market participants in nations like China, India, and South Korea.

REGIONAL COVERAGE

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Imaging Workstations Market Report Scope
Report Attributes Details
Market Size in 2021 US$ 5.1 Billion
Market Size by 2028 US$ 8.6 Billion
CAGR CAGR of 7.8% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Modality (Magnetic Resonance Imaging, Computed Tomography, Ultrasound, Mammography)
• By Component (Visualization Software, Display Units, Display Controller Cards, Central Processing Units)
• By Usage Mode (Thin Client Workstations, Thick Client Workstations)
• By Application (Diagnostic Imaging, Clinical Review, Advanced Imaging)
• By Clinical Specialty (Oncology, Cardiology, General Imaging/Radiology, Obstetrics and Gynecology, Orthopedics, Mammography, Urology)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Alma Medical Imaging, Carl-Zeiss Meditec AG, Ampronix, Canon, Accuray Incorporated, Carestream Health, Hologic, Fujifilm Holdings Corporation, Capsa Solutions LLC, General Electric Company, Medicor Imaging, Koninklijke Philips N.V., NGI Group.
DRIVERS • The Global Burden of Target Diseases is Growing
• More widespread product commercialization
• More Money Being Invested to Support Product Development
RESTRAINTS • Pricing for High-End Goods


Frequently Asked Questions (FAQ) :

The market category for thin client workstations is anticipated to hold a bigger share.

The biggest portion of the overall industry was held by North America.

Medical Imaging Workstations Market is divided into five segments By Modality, By Component, By Usage Mode, By Application, and By Clinical Specialty.

Pricing for High-End Goods are the restraints of Medical Imaging Workstations Market

 The forecast period of Medical Imaging Workstations market is 2022 to 2028.


Table of Content:

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine ware

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

  

8. Medical Imaging Workstations Market Segmentation, By Modality

8.1 Magnetic Resonance Imaging

8.2 Computed Tomography

8.3 Ultrasound

8.4 Mammography

 

9. Medical Imaging Workstations Market Segmentation, By Component

9.1 Visualization Software

9.2 Display Units

9.3 Display Controller Cards

9.4 Central Processing Units

 

10. Medical Imaging Workstations Market Segmentation, By Usage Mode

10.1 Thin Client Workstations

10.2 Thick Client Workstations

 

11. Medical Imaging Workstations Market Segmentation, By Application

11.1 Diagnostic Imaging

11.2 Clinical Review

11.3 Advanced Imaging

 

12. Medical Imaging Workstations Market Segmentation, By Clinical Specialty

12.1Oncology

12.2 Cardiology

12.3 General Imaging/Radiology

12.4 Obstetrics and Gynecology

12.5 Orthopedics

12.6 Mammography

12.7 Urology

 

13. Regional Analysis

13.1 Introduction

13.2 North America

13.2.1 USA

13.2.2 Canada

13.2.3 Mexico

13.3 Europe

13.3.1 Germany

13.3.2 UK

13.3.3 France

13.3.4 Italy

13.3.5 Spain

13.3.6 The Netherlands

13.3.7 Rest of Europe

13.4 Asia-Pacific

13.4.1 Japan

13.4.2 South Korea

13.4.3 China

13.4.4 India

13.4.5 Australia

13.4.6 Rest of Asia-Pacific

13.5 The Middle East & Africa

13.5.1 Israel

13.5.2 UAE

13.5.3 South Africa

13.5.4 Rest

13.6 Latin America

13.6.1 Brazil

13.6.2 Argentina

13.6.3 Rest of Latin America

 

 

14.Company Profiles

14.1 Alma Medical Imaging

            14.1.1 Financial

14.1.2 Products/ Services Offered

14.1.3 SWOT Analysis

14.1.4 The SNS view

14.2 Carl-Zeiss Meditec AG

14.3 Ampronix

14.4 Canon

14.5 Accuray Incorporated

14.6 Carestream Health

14.7 Hologic

14.8 Fujifilm Holdings Corporation

14.9 Capsa Solutions LLC

14.10 General Electric Company

 

15.Competitive Landscape

15.1 Competitive Benchmark

15.2 Market Share analysis

15.3 Recent Developments

 

16 Conclusion

 

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

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