SAN FRANCISCO, Oct. 21, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Medical Image Management - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 6; Released: April 2021
Executive Pool: 573
Companies: 42 - Players covered include Bridgehead Software; Carestream Health, Inc.; FUJIFILM Holdings Corporation; GE Healthcare; INFINITT Healthcare Co., Ltd.; McKesson Corporation; Philips Healthcare; Sectra AB; Siemens Healthineers and Others.
Coverage: All major geographies and key segments
Segments: Product (Picture Archiving and Communication Systems (PACS), Vendor Neutral Archives (VNA), Other Products)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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Global Medical Image Management Market to Reach $4.6 Billion by 2026
Amid the COVID-19 crisis, the global market for Medical Image Management estimated at US$3.2 Billion in the year 2020, is projected to reach a revised size of US$4.6 Billion by 2026, growing at a CAGR of 6.3% over the analysis period. Picture Archiving and Communication Systems (PACS), one of the segments analyzed in the report, is projected to record a 6.5% CAGR and reach US$3.8 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Vendor Neutral Archives (VNA) segment is readjusted to a revised 5.5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1 Billion in 2021, While China is Forecast to Reach $814.2 Million by 2026
The Medical Image Management market in the U.S. is estimated at US$1 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$814.2 Million by the year 2026 trailing a CAGR of 5.9% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.9% and 5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.1% CAGR. More
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SOURCE Global Industry Analysts, Inc.