Medical Image Analysis Software Market Is Likely To Reach USD 4.51 Billion By 2024: Grand View Research, Inc.
The global medical image analysis software market size is expected to reach USD 4.51 billion by 2024, according to a new report by Grand View Research, Inc., registering an 8.1% CAGR during the forecast period. Increasing incidence of chronic diseases creates demand for effective diagnostics solutions, which spurs demand for medical image analysis software. High growth of the industry is majorly attributed to increase in usage and uptake of image analysis solutions for diagnosis. In addition, shifting focus to provide enhanced care has led to incorporation of various computer aided diagnosis systems, which is further contributing toward growth. Introduction of technologically advanced products such as 3D/4D platforms and multimodality imaging platforms is also presumed to augment growth over the coming years. Various benefits such as flexibility and high-resolution images, along with convenient use of multi-modal integrated workflows, are expected to bolst...