North America Medical Imaging Software Market Size, Share 2031

Segments - North America Medical Imaging Software Market by Types (2D Imaging, 3D Imaging, and 4D Imaging), Applications (Dental, Orthopedic, Cardiology, Obstetrics and Gynecology, Mammography, Urology and Nephrology), By North America (The US, Canada, Mexico, and Rest of North America) - North America Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

Author : Raksha Sharma

Fact-checked by : Vineet Pandey

Editor : Vishal Golekar

Report Description

North America Medical Imaging Software Market Outlook 2031

The North America medical imaging software market size was valued at USD 2.26 Billion in 2022 and is likely reach to USD 4.82 Billion by 2031, expanding at a CAGR of 8.79% during the forecast period, 2023-2031. The growth of the market is attributed to rising demand for integration of digital technologies in the healthcare industry.

Medical image analysis software is used to view, train, store, and share medical data. Moreover, it improves the effectiveness of the chosen medical treatment. Deep learning algorithms are used by medical image analysis software to read and evaluate images. It can scan through hundreds of images at once, allowing it to handle large workloads.

The latest remote viewing systems provide access to images and reports through e-mail or the Internet through PACS modules, third-party standalone systems, or systems linked to the facility's archive/storage system. Most of the software deployed are cloud/web-based systems, allowing them to be accessed from remote place. To meet HIPAA requirements, all offer data encryption and password protection.

As the number of COVID-19 patients increases, many hospitals are looking for ways to rapidly expand their radiology imaging capabilities. Large computed tomography (CT) system vendors offer semi-truck trailer configurations, and some have begun offering CT systems inside cargo shipping containers.

Medical Imaging Software Market Trends, Drivers, Restraints, and Opportunities

Increasing development of innovative imaging technologies is projected to drive the market growth.
Rising computer aided diagnosis is estimated to fuel the growth of the market.
High cost of installation and timely maintenance is estimated to hinder the market growth.
Growing investment of government and private organizations in the healthcare infrastructure is anticipated to create immense opportunities for the market players.

Scope of The Medical Imaging Software Market Report

The report on the North America medical imaging software market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Medical Imaging Software Market - North America Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Types (2D Imaging, 3D Imaging, and 4D Imaging), Applications (Dental, Orthopedic, Cardiology, Obstetrics and Gynecology, Mammography, Urology and Nephrology)
Geographical Scope	The US, Canada, Mexico, and Rest of North America
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Toshiba, Riverain Technologies, Siemens, Medviso and MIM Software

Medical Imaging Software Market Segment Insights

3D imaging segment to account a major market share

Based on types, the market is segregated into 2D imaging, 3D imaging, and 4D imaging. The 3D imaging segment is anticipated to dominate the market share. According to the Centers for Disease Control and Prevention, heart disease is the leading cause of death for men, women, and people of most racial and ethnic groups in the US.

In the US, one person dies from cardiovascular disease every 36 seconds. Every year, approximately 655,000 Americans die as a result of heart disease. 3D imaging can be useful in detecting early warning signs of heart disease.

North America Medical Imaging Software Market Types

The cardiology segment is anticipated to expand at a robust CAGR

On the basis of applications, the North America medical imaging software market is segregated into dental, orthopedic, cardiology, obstetrics and gynecology, mammography, urology and nephrology. The Food and Drug Administration (FDA) of the US has approved the marketing of software to aid in the acquisition of cardiac ultrasound or echocardiography images.

Caption Guidance software is an accessory to diagnostic ultrasound systems that uses artificial intelligence (AI) to assist the user in capturing images of a patient's heart that are of acceptable diagnostic quality. Researchers at the Dalio Institute of Cardiovascular Imaging in New York, The US, are developing an automated deep learning method for segmenting multiple structures from Coronary Computed Tomography Angiography (CCTA) images.

North America Medical Imaging Software Market End Users

Segments

Types

2D Imaging
3D Imaging
4D Imaging

End-Users

Dental
Orthopedic
Cardiology
Obstetrics and Gynecology
Mammography
Urology and Nephrology

Geography

The US
Canada
Mexico
Rest of North America

Key Players

Toshiba
Riverain Technologies
Siemens
Medviso
MIM Software

Competitive Landscape

The major players in the North America medical imaging software market include Toshiba, Riverain Technologies, Siemens, Medviso and MIM Software.
Companies are engaging in mergers, acquisitions and partnerships to expand their market share.

In May 2020, Sectra, an international medical imaging IT and cybersecurity company, planned to install the radiology and breast imaging modules of its enterprise imaging solution at Mayfair Diagnostics' facilities. The solution is expected to help with workflow optimization and increase reading efficiency across multiple geographic locations, resulting in better diagnostics and patient care.

In April 2020, Intelerad Medical System, a global provider of medical imaging software and enterprise workflow solutions, announced that the FDA has approved its Intel Connect EV solution for diagnostic image review on a variety of mobile devices. The approval of Intelerad 510(k) submission comes at an important time for healthcare systems, ensuring that radiologists can collaborate and learn.

North America Medical Imaging Software Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Medical Imaging Software Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Medical Imaging Software Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Medical Imaging Software Market - Supply Chain
  4.5. Global Medical Imaging Software Market Forecast
     4.5.1. Medical Imaging Software Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Medical Imaging Software Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Medical Imaging Software Market Absolute $ Opportunity
5. Global Medical Imaging Software Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Medical Imaging Software Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Medical Imaging Software Demand Share Forecast, 2019-2026
6. North America Medical Imaging Software Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Medical Imaging Software Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Medical Imaging Software Demand Share Forecast, 2019-2026
7. Latin America Medical Imaging Software Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Medical Imaging Software Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Medical Imaging Software Demand Share Forecast, 2019-2026
8. Europe Medical Imaging Software Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Medical Imaging Software Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Medical Imaging Software Demand Share Forecast, 2019-2026
9. Asia Pacific Medical Imaging Software Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Medical Imaging Software Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Medical Imaging Software Demand Share Forecast, 2019-2026
10. Middle East & Africa Medical Imaging Software Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Medical Imaging Software Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Medical Imaging Software Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Medical Imaging Software Market: Market Share Analysis
  11.2. Medical Imaging Software Distributors and Customers
  11.3. Medical Imaging Software Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)