The Worldwide Cardiac Imaging Software Market is expected to grow at a CAGR of approximately 8.17% during the forecast period, 2018-2023. Cardiac imaging software has played a vital role in the diagnosis of different chronic cardiac diseases. Presently, electronic advancements for medical imaging are on a rise driving the cardiac imaging software market. The cardiac imaging software has a wide range of compatibility with imaging devices for example, magnetic resonance imaging, computed tomography, echocardiogram, and others. People suffering from any form of cardiovascular disease are at a high risk of developing hyperlipidaemia, diabetes, hypertension, and others. The need for early detection or diagnosis and management is necessary for the treatment, thus paving the way for the growth of this market.
The cardiac imaging software can show structural and functional change of the heart that can be further analyzed and contemplated to understand any present and future possibilities of heart conditions. The growth of these softwares is majorly attributed due to increasing prevalence of heart diseases and diabetes. The group of cardiovascular disease which can be diagnosed using these software include coronary heart disease, cerebrovascular disease, peripheral arterial disease, rheumatic heart disease, congenital heart disease, deep vein thrombosis and pulmonary embolism.
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Cardiac Imaging Software Market Segmentation:
The Global Cardiac Imaging Software Market is segmented on the basis of imaging modalities and end-users. On the basis of the imaging modalities, the global cardiac imaging software market is divided into tomography, ultrasound imaging, radiographic imaging and combined modalities. The tomography is further categorized into Computed Tomography (CT), Magnetic Resonance Imaging (MRI), Positron Emission Tomography (PET) and Single-Photon Emission Computed Tomography (SPECT).
On the basis of the end users, the global market for cardiac imaging software comprises of hospitals & clinics, diagnostic centers and others.
Cardiac Imaging Software Market Prominent Players:
Some of dominant the players in the global cardiac imaging software market are Toshiba Corporation (Japan), Koninklijke Philips N.V. (the Netherlands), Shimadzu Corporation (Japan), Positron Corporation (U.S.), Siemens Healthineers (Germany), Agfa healthcare (U.S.), HeartSciences (U.S.), Circle Cardiovascular Imaging Inc. (U.S.), CardioComm Solutions Inc. (Canada), TOMTEC IMAGING SYSTEMS GMBH (Germany), Integer Holdings Corporation (U.S.), Fujifilm Holdings Corporation (Japan), Pie Medical Imaging (the Netherland), 3mensio Medical Imaging (U.S.), eMedica, S.L. (U.S.). Heart Imaging Technologies, LLC, GE Healthcare (U.S.), Medis medical imaging systems (Netherland), Creavo Medical Technologies (U.K), McKesson Corporation (U.S.), Pixmeo SARL (Switerzland) and others.
Cardiac Imaging Software Market Regional Analysis:
The global cardiac imaging software market consists of countries namely the Americas, Europe, Asia Pacific, and the Middle East and Africa.
The Americas dominated the cardiac imaging software market owing to increasing demand for the cardiac monitoring devices, presence of huge patient population, and advancements in the technology sector.
Europe commands the second largest market for cardiac imaging software which is followed by Asia Pacific. Each year cardiovascular disease (CVD) causes more than 1.8 million deaths in the European Union (EU). CVD accounts for 45% of all deaths in Europe. The growing demand for outpatient surgeries and increasing preference of software, as it eliminates the need for specialized cardiac imaging devices are some of the factors intended for cost saving technology and further increases the demand for imaging devices in European countries.
Asia Pacific is the fastest growing cardiac imaging software market owing to the increasing number of patients suffering from cardiac diseases and rapidly increasing demand for the cardiac imaging devices. Japan is the largest market for cardiac imaging software. Increase in prevalence of heart strokes and chronic diseases that require surgical procedures and medical tourism in Asia Pacific region are favoring the growth of this market.
On the other hand, the Middle East & Africa hold the least share of the market owing to less availability of funds, limited availability of medical facilities, and poor political conditions in Africa.
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MAJOR TABLE OF CONTENT FOR GLOBAL CARDIAC IMAGING SOFTWARE MARKET RESEARCH REPORT- FORECAST TILL 2023:
1.2 Scope Of The Study
1.2.1 Research Objectives
1.2.2 Assumptions & Limitations
1.3 Market Structure
2. RESEARCH METHODOLOGY
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
3 REPORT EXCERPT
4 FORECAST INDICATORS
4.2 Growth Drivers
4.3 Growth Barriers
4.4 Growth Opportunities
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