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NEW YORK, July 22, 2022 /PRNewswire/ — According to the latest market research study published by P&S Intelligence, the size of the medical image analysis software market was $3,112.7 million in 2021, and it will grow at a rate of over 8%, to reach about $6,388.9 million by 2030. The growth can be credited to the increasing population, growing incidence of chronic ailments, and widening applications of computer-aided diagnosis.
Hospitals are the major users of such software, with an approximately 60% share in 2021, as they have supportive infra that is vital for performing diagnoses and surgical interventions. Furthermore, the number of imaging systems is higher in hospitals as compared to diagnostic centers and research institutions. In addition, the inflow of patients is relatively higher in hospitals, which makes these users’ requirement for advanced imaging analysis software the highest.
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Because of a large number of diagnostic and healthcare centers and with North America leading the way in healthcare research and development, it has the largest…
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