According to the current analysis of Reports and Data, the global Medical Image Analysis Software Market was valued at USD 696.0 Million in 2018 and is expected to reach USD 1,351.5 million by the year 2026, at a CAGR of 8.6 %.

Of all medical imaging modalities, ultrasound is perhaps the one most often used when real-time imaging is required. Therefore, image analysis of ultrasound data is potentially useful when done in real-time as well. It is, then, necessary to create a software environment with convenient APIs that allow testing of various image analysis algorithms when ultrasound data arrives in real-time of at a rate of at least 10 frames per second. Ultrasound is a method of imaging that permits real-time visualization of the internal anatomy of a human. Like CT and MRI, ultrasound is non-invasive, but ultrasound does not carry any radiation exposure risk and is relatively inexpensive. Because of the low risk and wide availability of ultrasound, it is being increasingly used in many areas of medicine: radiology, cardiology, women’s healthcare, emergency medicine, family practice, urology, nephrology, vascular surgery, general surgery, sports medicine, ophthalmology, gastroenterology, telemedicine, veterinary medicine, etc. Clinical ultrasound typically uses frequencies of 2 to 30 MHz. Pulses of sound energy travel from the ultrasound probe to an anatomical interface, which reflects the sound back to the probe. Most ultrasound machines make the assumption that the speed of sound passing through biological tissues is 1540m/. The intensity of the reflections from a particular ultrasound pulse as a function of time (distance) represents a given interrogation of the tissue. A series of such interrogation, sweeping through a plane, are collected for each scan. 

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Further key findings from the report suggest

• The oncology application segment of the Medical Image Analysis Software market is expected to grow at a CAGR of 7.7 % during the forecast period
• Significant developments in the Medical Image Analysis Software market include advances in transducers, scanning schemes, coded excitation, three-dimensional, high-resolution and high-speed imaging, contrast agents, harmonic, elasticity and strain imaging, point-of-care devices, computed tomography, thermoacoustic, photoacoustic, acousto-optic and Hall effect imaging
• 3D and 4-D ultrasound segment is a promising segment in the Medical Image Analysis Software market. 4-D ultrasound provides complete fetal assessment, which includes the fetal face, grimacing, breathing movements, swallowing, mouthing, isolated eye blinking patterns, and limbs direction. It offers more convincing results than 2-D and 3-D imaging. With 4-D ultrasound, prenatal neurodevelopment problems such as ADHD, schizophrenia, epilepsy, and autism can also be detected
• Advancement in technologies is revolutionizing Medical Image Analysis Software market. One such technique is sonoelastography. It gives physicians the ability to see stiffer and softer areas inside of the tissue, sonoelastography aids in liver fibrosis staging, thyroid nodule, lymph node and indeterminate breast lump characterization, and the detection of prostate cancer, all of which cannot be done with conventional ultrasound.

Key Players covered in this report are

GE Healthcare, Philips Healthcare, Siemens Healthineers, Agfa Healthcare, MIM Software Inc., Esaote SpA, Merge Healthcare Incorporated, Xinapse system Ltd., Spacelab Healthcare Inc., and OSI Systems.

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Medical Image Analysis Software by Type Outlook (Revenue in Million USD; 2016–2026)

• Integrated Medical Image Analysis Software
• Standalone Medical Image Analysis Software

Medical Image Analysis Software by Product Outlook (Revenue in Million USD; 2016–2026)

• 2D ultrasound systems
• 3D4D ultrasound systems
• Doppler imaging

Medical Image Analysis Software by Application Outlook (Revenue in Million USD; 2016–2026)

• Orthopedic
• Dental
• Cardiology
• Oncology
• Obstetrics Gynecology
• Nephrology Urology
• Radiology
• Others

Geographic Segment Covered in the Report:

The Medical Image Analysis Software report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country, and sub-region during the estimated period.

• North America (USA and Canada)
• Europe (UK, Germany, France and the rest of Europe)
• Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)
• Latin America (Brazil, Mexico, and the rest of Latin America)
• Middle East and Africa (GCC and rest of the Middle East and Africa)

Major Points covered in this report are as below:

• The Medical Image Analysis Software industry development trends and marketing channels are analyzed. The feasibility of new investment projects are assessed and overall research conclusions offered.

• With the tables and figures, the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

• Development policies and plans, manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand figures, cost, price, revenue and gross margins.

• The Medical Image Analysis Software Market report provides key statistics on the market status of the Medical Image Analysis Software manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.

We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central South America, Brazil, Argentina, Rest of South America, Middle East Africa, Saudi Arabia, Turkey, Rest of Middle East Africa

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