According to a new report Global Medical Imaging Workstations Market, published by KBV Research, 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.
The Computed Tomography (CT) market dominated the Global Medical Imaging Workstations Market by Modality 2018. The Magnetic Resonance Imaging (MRI) segment is anticipated to see significant growth due to its key advantages such as non-invasiveness and potential to provide 3D images with the aid of magnetic field and radio waves.
Thick client workstations consist of multimedia components and are therefore considered successful in large establishments for high bandwidth applications like hospitals and standalone imaging facilities. During the forecast period, the thin client workstations segment is projected to grow at the highest CAGR. The growth rate can be associated with several benefits like high productivity due to the presence of flexible design, increased safety, and easier handling.
The advanced imaging segment recorded a dominant share in the Medical Imaging Workstations Market in 2018 and is projected to sustain its dominance over the forecast period. Advanced imaging systems have integrated cloud-based technology which makes the device captured images more available.
Hardware is a cost-effective component for the diagnosis and presentation of the disease-related data. These include units for processing and displaying the data. The availability of inexpensive integrated circuits, smaller storage units, and advanced launch are expected to lead the segment over the forecast period. The Visualization Software market is expected to witness highest CAGR of 7.6% during (2019 - 2025).
North America led the regional market in terms of revenue during the base year of this study. The emergence of global players, a favorable reimbursement scenario and the growing acceptance of digital diagnostic platforms are some of the factors anticipated to play a key role in the dynamics of regional markets. Asia Pacific region is predicted to experience the fastest growth rate of 8.5% during the forecast period. The accelerated demand for advanced imaging and local market player presence in countries like China, India, and South Korea are some of the major driving factors that boost regional growth. Additionally, The Europe market is experiencing a CAGR of 6.7% during (2019 - 2025).
Structural Insights: https://www.kbvresearch.com/medical-imaging-workstations-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
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