The global medical imaging workstations market is projected to reach USD 1,377 million by 2023 from USD 897 million in 2018, at a CAGR of 8.9%. The rising global burden of target diseases, increased product commercialization, rising public-private investments to support product development, evolving user preference for digital platforms, and the establishment of new medical facilities are the major factors driving the growth of the global medical imaging workstations market.
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The rising global burden of target diseases, evolving user preference for digital platforms, increasing public-private investments to support product development, increased product commercialization, and the establishment of new medical facilities are the major factors driving the growth of the global medical imaging workstations market.
By usage mode, thin client workstations to account for the largest share of the medical imaging workstations market in 2018
On the basis of usage mode, the market is segmented into thick client workstations and Thin Client workstations. The thin client workstations segment is expected to account for a larger share of the market in 2018. Factors such as the increasing need for early and effective patient diagnosis (coupled with provider emphasis on greater workflow efficiency) and the growing preference for remote and multimodal patient monitoring are the major factors driving the demand for thin client workstations.
Diagnostic imaging workstations to dominate the market, by application, in 2018
On the basis of application, the medical imaging workstations& industry is segmented into diagnostic imaging, clinical review, and advanced imaging workstations. The diagnostic imaging workstations segment is expected to account for the largest share of the market in 2018 due to the ongoing market transition from 2D to 3D clinical diagnostics and the greater integration of healthcare infrastructure with PACS, cloud-based solutions, and thin-client platforms across mature countries.
Oncology segment to account for the largest share of the medical imaging workstations market, by clinical specialty, in 2018
Based on clinical specialty, the market is segmented into general imaging/radiology, oncology, cardiology, obstetrics and gynecology, mammography, orthopedics, urology, and other clinical specialties. The oncology segment is expected to account for the largest share of the market in 2018 due to the growing need for the early and effective cancer diagnosis & treatment, coupled with the greater usage of multimodal diagnosis for the accurate clinical assessment of cancer. The rising burden of cancer across major healthcare markets, ongoing commercialization of oncology-specific medical imaging workstations, and the robust research ecosystem aimed at the development of novel cancer diagnosis & treatment strategies are some of the factors supporting the growth of this market segment.
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Key Market Players
General Electric Company (US), Koninklijke Philips N.V. (Netherlands), Siemens AG (Germany), Fujifilm Holdings Corporation (Japan), Canon Medical Systems Corporation (Japan), Carestream Health (US), Hologic (US), Carl Zeiss Meditec AG (Germany), Accuray Incorporated (US), Capsa Healthcare (US), Ampronix (US), Medicor Imaging (US), NGI Group (France), Alma IT Systems (Spain), and Pie Medical Imaging (Netherlands) are some of the major players operating in the global medical imaging workstations market.
North America is expected to dominate the global medical imaging workstations market in 2018
In 2018, North America is expected to account for the largest share of the global medical imaging workstations market. This can be attributed to the high incidence/prevalence of various target diseases, presence of a large number of imaging centers, fast adoption of technologically advanced imaging systems, and the strong presence of prominent market players in this region.
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