Medical Imaging Workstations Market Size, Share & Trends Analysis Report By Usage Mode (Thick, Thin), By Application (Conventional, Advanced), By Component, By Modality, By Region, And Segment Forecasts, 2024 - 2030
Medical Imaging Workstations Market Size, Share & Trends Analysis Report By Usage Mode (Thick, Thin), By Application (Conventional, Advanced), By Component, By Modality, By Region, And Segment Forecasts, 2024 - 2030
Medical Imaging Workstations Market Growth & Trends
The global medical imaging workstations market size is expected to reach USD 13.15 billion by 2030, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 5.9% during the forecast period. Increasing burden of chronic diseases and high demand for effective diagnostic tools are the factors driving the growth. Additionally, frequent new product launches are expected to contribute to the expansion.
Introduction of advanced display modalities are expected to boost the replacement of traditional workstations. Rising number of standalone imaging facilities and ambulatory imaging centers are expected to play an important role in driving the market growth.
Introduction of predictive analytics and artificial intelligence in radiology is expected to help healthcare professional to diagnose accurately and decide effective treatment plan. Increasing awareness and introduction of favorable reimbursement policies are the factors expected to ensure swift growth of Medical Imaging Workstations Market during the forecast period.
Rise in strategic initiatives such as mergers and acquisitions by the major players to maintain the market share is propelling the introduction of advanced systems. Moreover, development of new medical facilities and evolving preference for digital platforms is anticipated to boost growth of the market in the forthcoming years.
Medical Imaging Workstations Market Report Highlights
The thin client workstations segment dominated the medical imaging workstations market with a revenue share of 60.3% in 2023. The demand for thin-client workstations is increasing due to their cost-effectiveness, with reduced IT support fees, upfront purchase costs, and capital expenses.
The advanced imaging segment dominated the medical imaging workstations market with a revenue share of 55.8% in 2023. Cloud-based advanced imaging systems enhance image accessibility, reducing duplication and radiation exposure
The visualization software segment dominated the medical imaging workstations market with a revenue share of 58.3% in 2023. The rapid growth of medical imaging data demands cutting-edge solutions to efficiently analyze and visualize complex images.
North America led the market in 2023, attributed to the presence of a large patient pool, imaging centers, and high adoption of technologically advanced products
Asia Pacific medical imaging workstations market is expected to register the fastest growth in the global medical imaging workstations market at a CAGR of 6.5% over the forecast period.
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Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
1.3.1. Information Procurement
1.3.2. Information or Data Analysis
1.3.3. Market Formulation & Data Visualization
1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. Medical Imaging Workstations Market Variables, Trends, & Scope
3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Million)
3.3. Market Dynamics
3.3.1. Market Drivers Analysis
3.3.2. Market Restraints Analysis
3.4. Medical Imaging Workstations Market Analysis Tools