The development of the industry is attributed to the growing population and growing frequency of lasting ailments and wide application area of computer-supported diagnosis. Fundamentally, the surge in the requirement for diagnostic imaging in oncology, orthopedics, cardiology, neurology and urology will contribute to the growth of the industry.

There will be a good amount of industrial growth due to the increasing prevalence of breast cancer, CVDs, and arthritis. As per the AHA, over 0.12 billion adults in the U.S. had some CVD in 2018, and 121.5 million suffered from hypertension. This echoes a surge in the necessity for echocardiograms for the analysis of numerous heart conditions, like the state of the blood vessels. Therefore, the increasing frequency of CVDs will be one of the key factors for the evolution of the industry.

Hospitals had the largest demand for medical image analysis software in the past, as they have the supportive infra vital for performing surgical interventions with the use of medical imaging software. Furthermore, the number of fitted diagnostic imaging systems is more in hospitals than in research organizations and diagnostic hubs. Furthermore, patient inflow is also relatively higher at hospitals, making these users’ necessity for cutting-edge imaging analysis software the utmost.

Hospitals are progressively accepting cutting-edge imaging technologies like CT and MRI, to offer patients with more-effective tests and a quicker turnaround in the screening of the deadly COVID-19. Also, AI-based imaging devices are enticing doctors to accept them with the potential of automation and simplification of onerous tasks. Therefore, by growing working competence, improved diagnostic methods help medics provide more-tailored care, while plummeting uneasiness and wait times.

Because of the large number of indicative and healthcare centers and the fact that North America is the undisputed leader in healthcare RD, it has the largest share of revenue around the globe. Moreover, the existence of major players in the industry, who are continually updating their product offerings for operative analysis and image-guided surgeries, will help the medical image analysis software market of the region maintain its global lead in the future.

APAC will have the highest growth rate of around 9%, in the years to come. The occurrence of a large count of companies and increasing consciousness concerning early disease detection through the usage of front-line analytic imaging technologies are the major factors that are supporting the development of the industry.

Integrated software had the highest demand of over 70% in 2021. The larger share is credited to the comfort integrated imaging analysis software bids in medical diagnosis. With this sort of software, medical centers can relish an effectual, easy, and comprehensible workflow. All the subdivisions of the hospital are linked, and can easily regulate the radiological process and analyze the images.