Ultrasound Image Analysis Software Market Size to Be Worth USD 1,351.5 Million Growing at 8.6% Cagr Till 2027 : GE Healthcare, Philips Healthcare, Siemens Healthineers.
Ultrasound Image Analysis Software market was valued at USD 696.0 Million in 2018 and is expected to reach USD 1,351.5 million by the year 2026, at a CAGR of 8.6 %.
New York, NY -- (SBWire) -- 04/22/2021 --The Global Ultrasound Image Analysis Software Market was valued at USD 696.0 Million in 2018 and is expected to reach USD 1,351.5 million by the year 2026, at a CAGR of 8.6 %. Of all medical imaging modalities, ultrasound is perhaps the one most often used when real-time imaging is required. Therefore, image analysis of ultrasound data is potentially useful when done in real-time as well. It is, then, necessary to create a software environment with convenient APIs that allow testing of various image analysis algorithms when ultrasound data arrives in real-time of at a rate of at least 10 frames per second. Ultrasound is a method of imaging that permits real-time visualization of the internal anatomy of a human. Like CT and MRI, ultrasound is non-invasive, but ultrasound does not carry any radiation exposure risk and is relatively inexpensive.
Because of the low risk and wide availability of ultrasound, it is being increasingly used in many areas of medicine: radiology, cardiology, women's healthcare, emergency medicine, family practice, urology, nephrology, vascular surgery, general surgery, sports medicine, ophthalmology, gastroenterology, telemedicine, veterinary medicine, etc. Clinical ultrasound typically uses frequencies of 2 to 30 MHz. Pulses of sound energy travel from the ultrasound probe to an anatomical interface, which reflects the sound back to the probe. Most ultrasound machines make the assumption that the speed of sound passing through biological tissues is 1540m/. The intensity of the reflections from a particular ultrasound pulse as a function of time (distance) represents a given interrogation of the tissue.
A series of such interrogation, sweeping through a plane, are collected for each scan. Each scan is then converted in real-time to a 2D grayscale image, through a process called scan-conversion. It is this 2D image, with its regular isotropic pixels on a rectilinear lattice, which is the usually starting place for image analysis. Ultrasound imaging is extensively used for examination and navigation in diagnostic and therapeutic procedures. Ultrasound image quality is found to be considerably affected by speckle noise and physical characteristics of the patient. Moreover, ultrasound image acquisition largely depends on the skills and experience of the user. Resultantly, high-accuracy measurement, or navigation by using ultrasound imaging is difficult and time-consuming. Therefore, the development of automatic ultrasound image analysis and recognition techniques to improve the efficiency and accuracy in the workflow of diagnosis and treatment is necessary. Ultrasound image analysis software provides an effective solution to this issue.
Imaging is one of the critical medical diagnostic tools to observe internal organs and soft tissues. One such tool is ultrasound scanning, which is used extensively in gynecology and echocardiogram. This is due to the number of advantages of ultrasound scanning, such as being non-invasive, free of radiation, economical, and real-time. However, access to ultrasound scanning facilities remain limited due to the scarcity of human and physical resources
The widening geriatric population base, possessing high susceptibility toward the development of chronic diseases is expected to upsurge the demand for ultrasound image analysis software in the future.
To request for a Sample Copy of this Report, visit @ https://www.reportsanddata.com/sample-enquiry-form/2214
Further key findings from the report suggest:
The oncology application segment of the ultrasound image analysis software market is expected to grow at a CAGR of 7.7 % during the forecast period
Significant developments in the Ultrasound Image Analysis Software market include advances in transducers, scanning schemes, coded excitation, three-dimensional, high-resolution and high-speed imaging, contrast agents, harmonic, elasticity and strain imaging, point-of-care devices, computed tomography, thermoacoustic, photoacoustic, acousto-optic and Hall effect imaging
3D and 4-D ultrasound segment is a promising segment in the ultrasound image analysis software market. 4-D ultrasound provides complete fetal assessment, which includes the fetal face, grimacing, breathing movements, swallowing, mouthing, isolated eye blinking patterns, and limbs direction. It offers more convincing results than 2-D and 3-D imaging. With 4-D ultrasound, prenatal neurodevelopment problems such as ADHD, schizophrenia, epilepsy, and autism can also be detected
Advancement in technologies is revolutionizing Ultrasound Image Analysis Software market. One such technique is sonoelastography. It gives physicians the ability to see stiffer and softer areas inside of the tissue, sonoelastography aids in liver fibrosis staging, thyroid nodule, lymph node and indeterminate breast lump characterization, and the detection of prostate cancer, all of which cannot be done with conventional ultrasound.
The global Ultrasound Image Analysis Software market is highly fragmented with major players like GE Healthcare, Philips Healthcare, Siemens Healthineers, Agfa Healthcare, MIM Software Inc., Esaote SpA, Merge Healthcare Incorporated, Xinapse system Ltd., Spacelab Healthcare Inc., and OSI Systems, amongst others, that collectively constitute a competitive market
For the purpose of this report, Reports and Data has segmented the Ultrasound Image Analysis Software market on the basis of type, product, application and region:
Ultrasound Image Analysis Software by Type Outlook (Revenue in Million USD; 2016–2026)
Integrated Ultrasound Image Analysis Software
Standalone Ultrasound Image Analysis Software
Ultrasound Image Analysis Software by Product Outlook (Revenue in Million USD; 2016–2026)
2D ultrasound systems
3D&4D ultrasound systems
Doppler imaging
Ultrasound Image Analysis Software by Application Outlook (Revenue in Million USD; 2016–2026)
Orthopedic
Dental
Cardiology
Oncology
Obstetrics & Gynecology
Nephrology & Urology
Radiology
Others
Ultrasound Image Analysis Software by Regional Outlook (Revenue in Million USD; 2016–2026)
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Spain
Italy
Rest of the Europe
Asia Pacific
China
India
Japan
South Korea
Australia
Rest of Asia-Pacific
Middle East & Africa (MEA)
South Africa
Saudi Arabia
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Key Highlights of the Global Ultrasound Image Analysis Software Market Report:
R&D Analysis
Supply chain optimization analysis
Cost-Benefit Analysis
Patent Analysis
Product Mix Matrix
Pre-commodity pricing volatility
Market Segmentation
Regional demand estimation and forecast
Competitive Analysis
Vendor Management
Mergers & Acquisitions
Technological advancements
Request customization of the report @ https://www.reportsanddata.com/request-customization-form/2214
Table of contents:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018 – 2026
Chapter 3. Indicative Metrics
3.1. Fusion of imaging technologies
3.2. Increased usage of imaging equipment
3.3. Growing public and private sector investments
Chapter 4. Ultrasound Image Analysis Software Segmentation & Impact Analysis
4.1. Ultrasound Image Analysis Software Segmentation Analysis
4.2. Ultrasound Image Analysis Software Market Value Chain Analysis, 2016-2026
4.3. Regulatory framework
4.4. Ultrasound Image Analysis Software Market Impact Analysis
4.4.1. Market driver analysis
4.4.1.1. Increasing incidences of chronic diseases
4.4.1.2. Technological advancements
4.4.2. Market restraint analysis
4.4.2.1. Unavailability of skilled professionals
4.4.2.2. Absence of stringent cyber security measures
4.5. Key opportunities prioritized
4.6. Ultrasound Image Analysis Software Pricing Analysis
4.7. Industry analysis - Porter's
4.8. Ultrasound Image Analysis Software PESTEL Analysis
Chapter 5. Ultrasound Image Analysis Software Market By Type Insights & Trends
5.1. Ultrasound Image Analysis Software Type dynamics & Market Share, 2018 & 2026
5.2. Integrated Software
5.2.1. Market estimates and forecast, 2016 – 2026 (USD Million)
5.2.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)
5.3. Standalone Software
5.3.1. Market estimates and forecast, 2016 – 2026 (USD Million)
5.3.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million)
Chapter 6. Ultrasound Image Analysis Software Market By Product Type Insights & Trends
Chapter 7. Ultrasound Image Analysis Software Market By Application Insights & Trends
Continued…..
Thank you for reading our report. For further information or query regarding the report or its customization, please connect with us. Our team will ensure you get a report well-suited to your needs.
Media Relations Contact
John Watson
1-212-710-1370
https://www.reportsanddata.com/report-detail/ultrasound-image-analysis-software-market
View this press release online at: http://rwire.com/1336948