According to FutureWise analysis the market for medical imaging workstations in 2023 is US$ 1.37 billion, and is expected to reach US$ 2.75 billion by 2031 at a CAGR of 9.12%.
Medical image offers promising and major advances in science and medicines with high quality of images on disease diagnosis. The workstation of these images includes recording, storing the diagnostic results with help of software embedded diagnostic tools, which helps the health care professionals to treat the disease of interest in terms of treatment schedule. Imaging science has three lines of investigation like; Segmentation, registration and visualization. To combine all these segments in one workstation with the help of emerging techniques like PACS (Picture archiving and communication systems). There different types of approaches are available like image-guided work stations, model-based therapy and DICOM standards etc.
The rapid advancement of technologies led to the integration of different imaging techniques into a single workspace and created a huge demand in the diagnosis of medical inactions. Medical imaging workstations are meant to decrease manual effort and increase the efficiency of the diagnosis process. Further, the rising complexity of imaging techniques led to the development of a completely automated process for better management of primary healthcare settings. They are meant to decrease diagnosis time and improve patient care. Additionally, increasing healthcare budget and changing regulatory scenarios to advance the existing diagnostic technologies fuelled the growth of medical image workstations market. The rapid evolution of technologies led to the integration of managing techniques in clinical settings has further boosted the growth of the market. Medical imaging workstations market is expected to witness double growth rate during the forecast period due to increasing adoption.
North America and Europe are the most lucrative market for manufacturers due to the well-established healthcare system. These two regions are expected to remain dominant in the global medical imaging workstation market. Changing economic conditions of the Asia Pacific region is expected to boost the growth of the market in this region. Latin America and Rest of World is a highly untapped market and created opportunistic space for international players and expected to fuel the growth of global Medical Imaging Workstations market. Leading manufacturers are expected to account 70% of market share in the global medical imaging management market.