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Pulished Date November, 2020
ID: 10440
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Global Medical Imaging Workstations Market Size, Share, Trends, Growth Analysis Report - Segmented By Usage Mode, Component, Application, Modality and Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa) - Industry Forecast (2020 to 2025)

Pulished: November, 2020
ID: 10440
Pages: 190

Medical Imaging Workstations Market Size (2020 to 2025)

Between 2020 to 2025, the global medical imaging workstations market size is forecasted to rise at a CAGR of 8.2% and value USD 4.82 billion in 2020.

An increase in medical imaging workstations usage to maintain healthcare records, the flow of information, and the accuracy of diagnosis is significantly contributing to the growth of the market. Moreover, the introduction of advanced technology, affordable systems, shift towards automated systems for the diagnosis of diseases, and the adoption of medical imaging workstations are primarily levelling up the growth of the global medical imaging workstations market.

Introducing the advancement in imaging modules like 3D and 4D for precision diagnoses, rise in several outpatients and ambulatory imaging centers, rise in demand of affordable diagnostic options, and the increment of chronic diseases like stroke, diabetics, heart diseases, and cancer are elevating the growth rate of the market. The rise in diseases related to age, rise in diseases associated with lifestyle, growth in awareness about preventive healthcare, and more reimbursement of funds. Majorly, the introduction of devices which are at an advanced level. The factors, as mentioned above, are driving the medical imaging workstations market.

Impact of Covid-19 On the Global Medical Imaging Workstations Market:

COVID-19 pandemic negatively affected the growth rate of every market. The medical imaging workstation market is affected by COVID-19 in many ways, especially economically. COVID-19 impacted the medical imaging workstation market in financial growth. Moreover, the supply chain of manufactured products is affected by COVID-19 pandemic. The medical imaging workstations market will regain the loss that occurred by the pandemic. The medical imaging workstations market should be on track in the upcoming years.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2019 to 2025

Base Year

2019

Forecast Period

2020 to 2025

Segments Covered

Based on Usage Mode, Component, Application, Modality and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, Drivers, Restraints, Opportunities, Challenges, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

 

This research report on the global medical imaging workstations market has been segmented and sub-segmented based on usage mode, component, application, modality, and region.

Medical Imaging Workstations Market – By Usage Mode:

  • Thick Client Workstations
  • Thin Client Workstations

By the Usage mode, the Thin Client Workstations segment accounts for the largest share as expected by recording a compound annual growth rate of 8.1% during the forecast period from 2020 to 2025. High IT support costs, upfront purchase costs and capital costs are attributing factors in the Usage mode Outlook segment in the medical imaging workstations market.

Medical Imaging Workstations Market – By Application:

  • Conventional Imaging
  • Advanced Imaging

By the Application, the Advanced Imaging segment contributes a significant share by dominating revenue share in the medical imaging workstations market during the forecast period. Advancement in imaging covers workstations with art displays screen is leveling up the demand of the market.  

Medical Imaging Workstations Market – By Component:

  • Visualization Software
  • Hardware

During the forecast period, the Visualization software segment is expected to accounting the largest share in the medical imaging workstations market. Visualization software will help in precision and accuracy understanding of a complex set of data. A large amount of data will be gathered, presentation of information in an understandable fashion. These factors are attributing significant share by component outlook segment.

Medical Imaging Workstations Market – By Modality:

  • Computed Tomography (CT)
  • Magnetic Resonance Imaging (MRI)
  • Ultrasound
  • Mammography

During the forecast period, the Computed Tomography segment contributes the largest share in the medical imaging workstations market. Computed Tomography (CT) is dominating the market with a significant share. Computer tomography will help explain the details of internal anatomy and help determine the treatment course. Computer Tomography will help in the reduction of hospital stay and improvement in patient convenience.  

Medical Imaging Workstations Market – By Region:

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • The Middle East and Africa

Geographically, As expected, the North America region is holding the largest market share in the medical imaging workstations market during the forecast period. North American area has drivers such as the presence of global players, favor in reimbursement scenario, and growth in the adoption of digital platforms for diagnosis. Due to these reasons, the North American region is holding a large share in the medical imaging workstations market.

During the forecast period, the Asia-Pacific region is registering a fast compound annual growth rate. This region has some factors like an increment in the demand for advanced imaging, the presence of local market players in countries like India, South Korea, and China. The development of imaging centers and clinics and increment in healthcare infrastructure expenditure in countries like India, Malaysia, and Thailand escalate the market's growth rate. Moreover, a rise in funds’ investments by public and private entities contributes to driving the medical imaging workstations market.

KEY MARKET PARTICIPANTS:

Companies such as GE Healthcare, PaxeraHealth, Hologic, Inc., Koninklijke Philips N.V., Carestream Health, Carl Zeiss AG, Capsa Healthcare, Esaote SpA, Medicor Imaging, and Chimaera GmbH are playing a dominating role in the global medical imaging workstations market.

MAJOR HAPPENINGS IN THIS MARKET IN THE RECENT PAST:

  • In March 2018, ASPIRE Bellus II and version 6.4. Fujifilm launched synapse in Japan. It is an enterprise-wide medical information and image management solution for support of DICOM web services. 
  • In August 2017, an acquisition was made by Carl Zeiss Meditec (Germany) with Veracity Innovations, LLC (US) to focus on advanced digitalization in medical technology and also to expand its digital solutions for eye care.
  1. INTRODUCTION
    1. Market Definition
    2. Study Deliverables
    3. Base Currency, Base Year and Forecast Periods
    4. General Study Assumptions
  2. RESEARCH METHODOLOGY
    1. Introduction
    2. Research Phases
      1. Secondary Research
      2. Primary Research
      3. Econometric Modelling
      4. Expert Validation
    3. Analysis Design
    4. Study Timeline
  3. Report Overview
    1. Executive Summary
    2. Key Inferences
  4. Market Dynamics
    1. Impact Analysis
      1. Drivers
      2. Restraints
      3. Opportunities       
    2. Regulatory Environment
    3. Technology Timeline & Recent Trends
  5. Competitor Benchmarking Analysis
    1. Key Player Benchmarking                    
      1. Market share analysis      
      2. Products/Service
      3. Regional Presence               
    2. Mergers & Acquisition Landscape                     
    3. Joint Ventures & Collaborations
  6. MARKET SEGMENTATION
    1. By Usage Mode
      1. Thick Client Workstations
      2. Thin Client Workstations
      3. Y-o-Y Growth Analysis, By Usage Mode
      4. Market Attractiveness Analysis, By Usage Mode
      5. Market Share Analysis, By Usage Mode
    2. By Application
      1. Conventional Imaging
      2. Advanced Imaging
      3. Y-o-Y Growth Analysis, By Application
      4. Market Attractiveness Analysis, By Application
      5. Market Share Analysis, By Application
    3. By Component
      1. Visualization Software
      2. Hardware
      3. Y-o-Y Growth Analysis, By Component
      4. Market Attractiveness Analysis, By Component
      5. Market Share Analysis, By Component
    4. By Modality
      1. Computed Tomography (CT)
      2. Magnetic Resonance Imaging (MRI)
      3. Ultrasound
      4. Mammography
      5. Y-o-Y Growth Analysis, By Modality
      6. Market Attractiveness Analysis, By Modality
      7. Market Share Analysis, By Modality
  7. GEOGRAPHICAL ANALYSIS
    1. Introduction
      1. Regional Trends
      2. Impact Analysis
      3. Y-o-Y Growth Analysis
      4. Market Attractiveness Analysis
      5. Market Share Analysis
    2. North America
      1. Introduction
      2. United States
      3. Canada
    3. Europe
      1. Introduction
      2. U.K
      3. Spain
      4. Germany
      5. Italy
      6. France
      7. Rest of Europe
    4. Asia-Pacific
      1. Introduction
      2. China
      3. India
      4. Japan
      5. South Korea
      6. Australia and NZ
      7. Rest of APAC
    5. Latin America
      1. Introduction
      2. Brazil
      3. Argentina
      4. Mexico
      5. Rest of Latin America
    6. Middle East & Africa
      1. Introduction
      2. Middle-East
      3. Africa
  8. STRATEGIC ANALYSIS
    1. PESTLE analysis
      1. Political
      2. Economic
      3. Social
      4. Technological
      5. Legal
      6. Environmental
    2. Porter’s Five analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Consumers
      3. Threat of New Entrants
      4. Threat of Substitute Products and Services
      5. Competitive Rivalry within the Industry
  9. MARKET LEADERS' ANALYSIS
    1. GE Healthcare
      1. Overview
      2. Products
      3. Financials (subjected to availability based on company type)
      4. Recent Developments
      5. SWOT analysis
      6. Analyst View
    2. PaxeraHealth
    3. Hologic, Inc.
    4. Koninklijke Philips N.V.
    5. Carestream Health
    6. Carl Zeiss AG
    7. Capsa Healthcare
    8. Esaote SpA
    9. Medicor Imaging
    10. Chimaera GmbH
  10. COMPETITIVE LANDSCAPE
    1. Market share analysis
    2. Merger and Acquisition Analysis
    3. Agreements, collaborations and Joint Ventures
    4. New Product Launches
  11. MARKET OUTLOOK AND INVESTMENT OPPORTUNITIES
  12. APPENDIX
  13. List of Tables
  14. List of Figures
  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The segment-level analysis in terms of usage mode, component, application and modality along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

Medical Imaging Workstations Market

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