Global Medical Imaging Workstations Market Size, Trends, and Analysis- Forecasts To 2026 By Usage Mode (Thin Client Workstations, Thick Client Workstations), By Application (Advanced Imaging, Conventional Imaging), By Component (Hardware, Visualization & Software), By Modality (Ultrasound, Compound Tomography (CT), Mammography, Magnetic Resonance Imaging (MRI)), By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa); End-User Landscape, Company Market Share Analysis & Competitor Analysis
Medical Imaging Workstations Market: Insights
Medical imaging workstations play a crucial role in image data collection, storage, interpretation, and presentation during the entire procedure of disease diagnosis and treatment. The medical imaging workstations minimize the manual workflow and improve diagnostic quality and accuracy of the reports. The growing number of surgeries among the population is anticipated to fuel market growth over the coming years. Furthermore, the increasing number of breast imaging procedures, along with the increased installation base of 4D/3D imaging platforms for radiology procedures is expected to create lucrative opportunities for the medical imaging workstations market between 2021 and 2026.
Medical Imaging Workstations Market: By Usage Mode
Thin client workstations and thick client workstations are the two types of users in the market. In terms of sales, the thin client workstations hold the largest share in the market. Thin client workstations are gaining popularity over the former segment due to their saving advantages in IT service costs, upfront procurement costs, capital costs, and others. Their demand is higher in small imaging centers and outpatient imaging centers.
Medical Imaging Workstations Market: By Application
As per the application outlook, the market is divided into two segments, i.e., advanced imaging and traditional imaging. As of 2020, the largest market share was held by advanced imaging in terms of revenue. Advanced imaging devices combined with cloud-based technology, which enhances the usability of images captured by the computer will drive the adoption of advanced imaging technology in the market.
Medical Imaging Workstations Market: By Component
Hardware and visualization & software are the two types of components in the market. From 2021 to 2026, the visualization & software segment will be growing the fastest. This software helps to understand the complex collection of data clearly and accurately, and also involves the processing of a vast volume of data and the presentation of details in an understandable manner. Thus, this allows medical practitioners to arrive at an accurate diagnosis.
Medical Imaging Workstations Market: By Type of Modality
Based on the study, the segment for modality can be divided into four main categories: ultrasound, compound tomography (CT), mammography, magnetic resonance imaging (MRI). The compound tomography (CT) segment is expected to dominate the market in terms of revenue over the expected timeline. During the forecast period, it is anticipated that the rising preference for CT over other diagnostic tools will contribute to the segmental growth.
Medical Imaging Workstations Market: By Region
The North American region is expected to be the dominant regional segment in the market. This can be primarily attributed to the large pool of patients, the rising aging population, and the increasing adoption of advanced diagnostic digital platforms for most of the lifestyle disease diagnosis. On the other hand, due to the increasing improvements in medical facilities and rising demand for advanced imaging, Asia Pacific will be the fastest-growing region.
Medical Imaging Workstations Market: Share & Competitor Analysis
Canon Medical Systems Corporation, Koninklijke Philips N.V., Carestream Health, FUJIFILM Holdings Corporation, GE Healthcare, Accuray Incorporated, NGI Group, Siemens, and Carl Zeiss Meditec AG, among others, are the key vendors competing in the market.
Please note: This is not an exhaustive list of companies profiled in the report.
In March 2018, Fujifilm launched its new product i.e., ASPIRE Bellus II, and version 6.4. Synapse VNA
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The Global Medical Imaging Workstations Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Medical Imaging Workstations Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.
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