The global ultrasound image analysis software market size is anticipated to reach USD 1.45 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 8.3% from 2024 to 2030.The growing prevalence of chronic diseases is a high impact rendering growth driver for the market. The increasing prevalence is presumed to be driving the clinical urgency to adopt ultrasound image analysis software in order to improve the existing poor patient diagnostic imaging measures and reduce the long-term cost associated with the conventional diagnostics.
In addition, a widening geriatric population base, possessing high susceptibility toward the development of chronic diseases is expected to upsurge the demand for ultrasound image analysis software in the future. According to research published in Medscape, chronic diseases, which predominantly include cardiovascular diseases, are responsible for the high mortality rate in the U.S. Consequentially; the presence of these highly prevalent cardiovascular diseases raises the demand to utilize advanced diagnostic and imaging alternatives. The aforementioned factor is anticipated to widen the potential for growth throughout the forecast period.
Integrated software dominated the market with a revenue share of 53.9% in 2023, offering seamless integration of software components with measurement electronics and mechanics.
Doppler imaging accounted for largest revenue share of 45.1% in 2023. The growing adoption of ultrasonic imaging for rapid disease detection is driving demand for ultrasound image analysis software.
Cardiology accounted for the largest market revenue share of 18.9% in 2023. Cardiology is a significant area of use, utilizing ultrasound imaging to non-invasive assess the heart and vascular system.
North America ultrasound image analysis software market dominated the global ultrasound image analysis software market with a revenue share of 36.4% in 2023.
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