Global Cardiac Imaging Software Market to reach USD 694.36 million by 2027 - Axiom MRC
Global Cardiac Imaging Software Market to reach USD 694.36 million by 2027 - Axiom MRC
Date: April 2021
The global cardiac imaging software market is rising at a significant pace, projected to rise at a CAGR of 8.07% during the estimated period from 2021 to 2027, starting from USD 405.12 million in 2020. Growing heart related diseases, technological advancements, increasing healthcare spending are various factors expected to significantly drive the growth of the market during the forecast period.
Tomography segment dominated the global market in 2020 based on imaging modalities
On the basis of imaging modalities, tomography segment held the largest share of infertility treatment market and is expected to reach USD 266.97 million by 2027. High demand for CT and MRI imaging tests drives the growth of the segment.
By end user, hospitals segment dominated the market in 2020
Based on end user, hospitals dominated the market. It was estimated to register a CAGR value of 8.59% for the forecast period. Huge investments in hospital infrastructure and growing hospitals IT spending is the major factor responsible for the exponential growth of the segment.
North America dominated the global market in 2020
North America held the largest share of the market owing to the presence of a well-established healthcare sector and various technological advancements. The region is projected to grow at a growth rate of 7.91%.
Key Players
The key competitors of this market include Agfa-Gevaert Group, Canon Inc, CardioComm Solutions Inc., Circle Cardiovascular Imaging Inc., eMedica, S.L, Fujifilm Holdings Corporation, GE Healthcare, MEDIS Medical Imaging Systems, Pie Medical Imaging, Positron Corporation, Shimadzu Corporation, Siemens Healthcare among others.
