Advanced Visualization Market - Size
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
Advanced visualisation systems are medical instruments that are equipped with advanced software that displays the numerous aspects of a living cell efficiently. These systems decrease the turnaround time taken by clinicians to report the result to the patient. These systems are widely utilised in pathological laboratories for various clinical applications.
Global Advanced Visualization Market Segments Size & Growth:
Global Advanced visualisation market size is projected to reach approximately $4.22 billion by the end of 2024 with a CAGR of close to 11.3% from $1.94 billion in 2017 during the forecast timeline 2018-2024. Key parameters promoting the market growth include increasing Awareness of Benefits Offered by AV Tools in Disease Diagnosis, need for Efficient and Early Diagnosis of Disease, Rising Prevalence of Target Diseases Coupled with Growing Geriatric Population, Technological Advancements in the Field of AV Technology Leading to Improved Data Interpretation, and Advancements in AV Software Such as Integration of Pacs & AV Tools. However, Technological Limitations Associated with Existing AV Analysis, and Limited Availability of Reimbursements for Radiology-Based Diagnostic Procedures are thereby hampering the market growth.
Global Advanced Visualization Market Segments Share:
Product and service categorise global Advanced visualisation market into hardware and software; implantation service, post-scale and maintenance services, and others. It is segmented, based on the solution, into enterprise-wide thin client-based solution and standalone workstation-based solution. Among them, enterprise-wide thin client-based solutions are expected to account for
Advanced Visualization Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
the most significant share of the market due to offered benefits such as enhanced data storage capacity, data transfer capabilities, multi-user interface, streamlined analysis, and centralised post-processing solutions. Also, the market is segmented by imaging type into magnetic resonance imaging, computed tomography, ultrasound, radiotherapy, nuclear medicine, and others. Among them, the magnetic resonance imaging segment is expected to command the most significant share of the market due to the growing application of MRI in several clinical areas such as oncology, radiology, and cardiology is driving the number of MRI imaging procedures. By application, it is segmented into radiology/interventional radiology, cardiology, orthopaedics, oncology, gastroenterology, neurology, and others. Based on the end user, it is segmented into the hospital, diagnostic and imaging centre, and others. By Geography, North America is projected to dominate the market with the most significant share and the growth in the North America economies is mainly attributed because of technological advancements, increasing healthcare expenditure, growing geriatric population, improved healthcare infrastructure and growing prevalence of chronic diseases.
Global Advanced Visualization Market Trends:
- Siemens Healthineers employees Dr Klaus Engel and Dr Robert Schneider have been nominated for the German Future Prize along with Professor Dr Franz Fellner, head of the Central Radiology Institute at Kepler University Hospital in Linz, Austria, and extraordinary professor at the Friedrich-Alexander University Erlangen-Nuremberg, for the development of the visualisation technology Cinematic Rendering.
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Advanced Visualization Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
They are one of three research teams in contention for the award. The prize, awarded by the President of Germany, is one of the country’s highest distinctions for technology and innovation. Cinematic Rendering technology, developed by the two visualisation experts and their clinical partner, generates photorealistic three-dimensional representations of the human body from the output of CT and MRI scans. Using the radiological diagnostic software applications Syngo.via and Syngo.via Frontier, the technique enables previously unseen levels of clarity.
TeraRecon and Vizua Announced an Innovative Approach to Medical Imaging Holography at RSNA 2016.
Global Advanced Visualization Market Research Report:
An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.
Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial study with significant competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
The primary market players, such as
- General Electric Company
- Siemens AG
- Koninklijke Philips N.V.
- Toshiba Corporation
- Terarecon, Inc.
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