The global medical image analysis software market is anticipated to reach $3.1 billion by 2020, according to WhaTech.
Here are five points:
1. The market is expected to grow at a compound annual growth rate of 7.9 percent to 2020.
2. Technological advancements, growing public and private sector investments, more computer-aided diagnoses and an increase in chronic disease will spur the market’s growth.
3. However, financial constraints, cyberattacks and a lack of skilled professionals will hinder the market’s growth.
4. Asia will likely see the fastest growth due to more government initiatives supporting new healthcare infrastructure and increased research activities.
5. AGFA Healthcare, Aquilab, Carestream Health, Esaote S.p.A, GE Healthcare, Merge Healthcare, MIM Software, Philips Healthcare, Siemens Healthcare and Toshiba Medical Systems lead the market.
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