The Global Medical Imaging Workstations Market size is expected to reach $6.2 billion by 2025, rising at a market growth of 7.1% CAGR during the forecast period. Digital technologies have enhanced medical imaging over conventional systems by offering better image quality, reduced dose and faster processing times. Because of the rapid evolution of medical imaging workstations, businesses are concentrating on improving technology and providing public access to the software. Growing preference for digital platforms coupled with growing developments in the healthcare industry and new medical facilities will further promote business growth at workstations for medical imaging.
Over the forecast period, the growing prevalence of chronic diseases worldwide will have a positive impact on industry growth. Widespread adoption of medical imaging workstations to increase the precision and quality of the diagnosis while reducing manual workflow would benefit business growth. In addition, technological advances in imaging systems along with favorable payment policies will further increase the size of the business. Nevertheless, high workstation costs and skilled technicians’ dearth may hinder the growth of the medical imaging workstation industry over the coming years.
Due to the growing need for early and successful cancer diagnosis & care, the oncology segment is expected to account for the largest market share in 2018, combined with the increased use of multimodal diagnosis for precise clinical cancer assessment. The growing cancer burden throughout major healthcare markets, the ongoing marketing of oncology-specific medical imaging workstations, and the extensive research ecosystem aimed at developing new cancer diagnosis & treatment strategies are among the key factors that support this segment’s growth.
Based on Usage Mode, the market is segmented into Thin Client Workstations and Thick Client Workstations. Based on Modality, the market is segmented into Computed Tomography (CT), Magnetic Resonance Imaging (MRI), Mammography and Ultrasound. Based on Component, the market is segmented into Visualization Software and Hardware. Based on Application, the market is segmented into Conventional Imaging and Advanced Imaging. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
The major strategies followed by the market participants are Partnerships. Based on the Analysis presented in the Cardinal matrix, Siemens AG, Koninklijke Philips N.V., and Fujifilm Holdings Corporation are some of the forerunners in the Medical Imaging Workstations Market. Companies such as Canon, Inc., Carl Zeiss AG, and General Electric (GE) Co., Accuray, Inc., and Hologic, Inc. are some of the key innovators in Medical Imaging Workstations Market.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Accuray, Inc., Canon, Inc. (Canon Medical Systems Corporation), Alma Medical Imaging Company, Carl Zeiss AG, Fujifilm Holdings Corporation, General Electric (GE) Co. (GE Healthcare), Koninklijke Philips N.V., Siemens AG, Capsa Healthcare LLC, and Hologic, Inc.
Market Segmentation:
By Usage Mode
- Thin Client Workstations
- Thick Client Workstations
By Modality
- Computed Tomography (CT)
- Magnetic Resonance Imaging (MRI)
- Mammography
- Ultrasound
By Component
- Visualization Software
- Hardware
By Application
- Conventional Imaging
- Advanced Imaging
By Geography
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Companies Profiled
- Accuray, Inc.
- Canon, Inc. (Canon Medical Systems Corporation)
- Alma Medical Imaging Company
- Carl Zeiss AG
- Fujifilm Holdings Corporation
- General Electric (GE) Co. (GE Healthcare)
- Koninklijke Philips N.V.
- Siemens AG
- Capsa Healthcare LLC
- Hologic, Inc.