REDDING, Calif., Nov. 10, 2022 (GLOBE NEWSWIRE) — According to a new market research report titled ‘Medical Image Analysis Software Market by software type (integrated, standalone), image (2D, 3D, 4D), modality (X-ray, CT, ultrasound, MRI), application (cardiology, orthopedics, neurology) and end-user (hospital, diagnostic center) – Global forecast to 2029,’ published by Meticulous Research®Medical Image Analysis Software Market is projected to reach US$5.65 billion by 2029, at a CAGR of 7.8% from 2022-2029.
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Medical image analysis software is mainly used in healthcare organizations to analyze medical images to diagnose and understand various medical conditions. In addition, the medical image analysis software enables the tracking, archiving, control and handling of patient images and administrative workflows.
The growth of the medical image analysis software market is driven by the rising prevalence of chronic diseases, technological advances and the growing applications of computer-aided diagnostics. However, the lack of skilled professionals and the reluctance to adopt newer technologies in low- and middle-income countries are the main challenges for the growth of this market.
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