Medical Imaging Displays and Post-Processing Software Market Growth, Industry Trends To 2020 by Grand View Research, Inc.

Medical Imaging Displays and Post-Processing Software Market Growth, Industry Trends To 2020 by Grand View Research, Inc.

The new emerging medical softwares in the market coupled with digitization of medical imaging compared to conventional film based imaging are the major factors driving the medical imaging global displays and post purchasing software market. Rapidly degrading healthcare costs and increasing healthcare service demands have also propelled the medical imaging global displays and post purchasing software market. Healthcare equipment providers are constantly seeking to make adequate preparation for an integrated diagnostic model which facilitates patient centric healthcare based on evidence. The healthcare equipment manufacturers are increasing their investments on R&D which is an expected factor fueling the medical imaging global displays and post purchasing software market.

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On the basis of product type, the market is divided into CAD and 3D CAD softwares. The CAD softwares include some niche specific applications such as colon CAD, breast CAD and thoraric CAD. The increasing number of ultrasound and MRI CAD installations has driven the breast CAD segment to contribute the largest share in the market. However, with increasing R&D initiatives, 3D CAD devices are evaluated to grow significantly during the forecast period. On the basis of region, the North America dominates the market. The advantageous share of this region is due to the increasing population and the presence of reimbursement policies. Asia Pacific is expected to witness a huge rise in the market share due to the new and advanced technologies and booming medical tourism along with the awareness level in the region.

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