Medical Imaging Workstations Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2022 - 2032
Medical Imaging Workstations Market: Snapshot
The medical imaging workstations market has been predicted to grow at a CAGR of 7.2% in the forthcoming years from 2020 to 2030. The revenue generation opportunities in the medical imaging workstations market are owing to the rising use of the medical imaging workstations in order to maintain healthcare records, accurate diagnosis, and information flow.
In addition to this, the introduction of affordable and technologically advanced systems is predicted to bolster growth impetuses in the medical imaging workstations market in the years to come.
At the present time, there has been a noticeable increase in the count of ambulatory imaging centers and outpatient centers. These factors are likely to stimulate sales avenues in the medical imaging workstations market in the near future. Further, the growing demand for affordable diagnostic options across remote rural areas has also been expected to drive growth avenues in the medical imaging workstations market.
Various chronic diseases or conditions, for instance, heart diseases, diabetes, cancer, and stroke are increasing at a rapid pace. Furthermore, various diseases that are related to age and lifestyle have also been predicted to bolster the requirement for the tools for preventive diagnostic. These factors are further projected to contribute to expansion opportunities in the medical imaging workstations market.
Medical Imaging Workstations Market: Overview
The medical imaging workstations has become a base technology of modern medical diagnostics for the treatment of variety of acute and chronic diseases including cardiovascular diseases and cancer.
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Medical Imaging Workstations Market: Notable Developments and Competitive Landscape
Some of the prominent players operating in the global medical imaging workstations market are:
These players are involved in several organic and inorganic growth strategies in order to fortify their market position.
For instance, players are increasing access of image captured through medical imaging systems by integrating with cloud-based technologies. This will help medical professionals easily access the report irrespective of the location. Further rise in strategic initiatives such as business expansions, mergers and acquisitions, and collaborations by top players is helping them retain their market share.Moreover, development of new medical facilities and evolving preference for digital platforms are anticipated to boost growth of the market in the forthcoming years.
This can be illustrated by a recent development when in June 2018 GE Healthcare announced that they are working on ways to integrate analytics with the medical imaging workstations. This will help improve protocols and patient care in critical care settings by offering key insights about the patient.
Similarly, in March 2018, Fujifilm launched a device called ASPIRE Bellus II and version 6.4. Synapse VNA to support of DICOM web services with their medical imaging workstations.
Medical Imaging Workstations Market: Key Trends
The medical imaging workstations have become a vital equipment for medical diagnostics. They are actively used for the treatment of several acute and chronic diseases. Rise in prevalence of cardiovascular diseases and cancer is a prominent factor expected to drive the global medical imaging workstation market in the coming few years.
In addition to this, the usage of medical imaging workstations has increased accuracy of diagnosis tremendously. This is another prominent factor expected to boost the global medical imaging workstations market.
Despite several drivers, growth in the medical imaging workstations market is likely to be impeded due to the factors such as high costs, dearth of skilled resource, and unavailability of adequate medical reimbursement plan.
Nevertheless, growing demand for MRI equipment, growing adoption of MRI for brain imaging, and increasingly interconnected diagnostic MRI workflows are boosting lucrative avenues in the market. In addition to this, growing digitalization of healthcare units across several developed countries is another strong factor expected to drive the global medical imaging workstations market.
Medical Imaging Workstations Market: Regional Outlook
Based on region, North America is likely to account for maximum share in the global medical imaging workstations market. This is mainly because of the factors such as high prevalence of various target diseases, increase in number of imaging centers, and early adoption of advanced technology.
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