The market growth is attributed to the increase in the number of medical imaging procedures, surge in the geriatric population, and prevalence of chronic diseases. However, a lack of expertise in operating medical imaging informatics systems is expected to restrict the market growth during the forecast period.
The US and Canada have considerably modernized healthcare facilities and services. As a result, the life expectancy of people in these countries has increased, leading to the growth in their geriatric population base.
The elderly population majorly suffers from various chronic diseases, such as cardiovascular diseases (CVD), due to structural and functional changes in their cardiovascular systems. Aging leads to the stiffening of the heart and blood vessels. Thus, arrhythmias, coronary artery disease, and heart failure are common risk factors in people aged 75 and above. In the 2019 Heart Disease and Stroke statistical update by the American Heart Association (AAH), the incidence of CVDs was 77.2% in males and 78.2% in females aged 60–79 years. Furthermore, the incidence of CVDs was 89.3% in adult males and 91.8% in adult females aged 80 and above. Thus, the rising global geriatric population increases the demand for various disease diagnosis procedures and medical imaging informatics, thereby fueling the North America medical imaging informatics market growth.
North America Medical Imaging Informatics Market Revenue and Forecast to 2028 (US$ Million)
North America Medical Imaging Informatics Market Segmentation
The North America medical imaging informatics market is segmented into type, application, component, and country. Based on type, the market is segmented into digital radiography, ultrasound, MRI, CT, nuclear imaging, and mammography. Based on application, the market is categorized into hospitals, ambulatory healthcare settings, diagnostics and imaging centers, and others. Based on component, the market is segmented into software, hardware, and services. By country, the North America medical imaging informatics market is segmented into the US, Canada, and Mexico.
Agfa-Gevaert Group; Carestream Health; ESAOTE SPA; GENERAL ELECTRIC; Koninklijke Philips N.V.; Siemens Healthcare GmbH; Hologic, Inc.; Konica Minolta, Inc.; Shenzhen Mindray Bio-Medical Electronics Co., Ltd.; and FUJIFILM Holdings Corporation are a few major companies operating in the North America medical imaging informatics market.
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 1,683.73 Million |
| Market Size by 2028 | US$ 2,355.71 Million |
| CAGR (2021 - 2028) | 4.9% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Type
|
| Regions and Countries Covered |
North America
|
| Market leaders and key company profiles |
|
The North America Medical Imaging Informatics Market is valued at US$ 1,683.73 Million in 2021, it is projected to reach US$ 2,355.71 Million by 2028.
As per our report North America Medical Imaging Informatics Market, the market size is valued at US$ 1,683.73 Million in 2021, projecting it to reach US$ 2,355.71 Million by 2028. This translates to a CAGR of approximately 4.9% during the forecast period.
The North America Medical Imaging Informatics Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Medical Imaging Informatics Market report:
The North America Medical Imaging Informatics Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Medical Imaging Informatics Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Medical Imaging Informatics Market value chain can benefit from the information contained in a comprehensive market report.
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