Canada Medical Image Analysis Software Market Size & Outlook
Canada medical image analysis software market, 2018-2030 (US$M)
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Canada medical image analysis software market highlights
- The Canada medical image analysis software market generated a revenue of USD 195.3 million in 2023 and is expected to reach USD 290.4 million by 2030.
- The Canada market is expected to grow at a CAGR of 5.8% from 2024 to 2030.
- In terms of segment, integrated was the largest revenue generating type in 2023.
- Stand Alone is the most lucrative type segment registering the fastest growth during the forecast period.
Medical image analysis software market data book summary
| Market revenue in 2023 | USD 195.3 million |
| Market revenue in 2030 | USD 290.4 million |
| Growth rate | 5.8% (CAGR from 2023 to 2030) |
| Largest segment | Integrated |
| Fastest growing segment | Stand Alone |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Integrated, Stand Alone |
| Key market players worldwide | Koninklijke Philips NV, Agfa-Gevaert NV, Canon Inc, GE HealthCare Technologies Inc Common Stock, Bruker Corp, Siemens Healthineers AG ADR, Esaote, Neusoft Medical Systems |
Other key industry trends
- In terms of revenue, Canada accounted for 6.0% of the global medical image analysis software market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. medical image analysis software market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 1,602.8 million by 2030.
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Medical Image Analysis Software Market Scope
Medical Image Analysis Software Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada medical image analysis software market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical image analysis software market will help companies and investors design strategic landscapes.
Integrated was the largest segment with a revenue share of 54.38% in 2023. Horizon Databook has segmented the Canada medical image analysis software market based on integrated, stand alone covering the revenue growth of each sub-segment from 2018 to 2030.
Canada’s medical image analysis software market accounted in 2019. In Canada, the majority of the aging population is opting for medical imaging techniques. Hence, with growing geriatric population, the demand for medical imaging equipment is expected to rise. Advancements in imaging technologies have augmented the market growth.
New imaging devices offer accurate structural details. This has helped in the expansion of the application of medical imaging in exploratory surgery. For instance, in August 2019, Navient, a surgical system, received Health Canada approval for cranial surgery.
This approval is intended to easily use the software workflow, intuitive, and affordable navigation system. Thus, technological advancements can help in widening the applications and increase adoption of imaging software over the forecast period.
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Our clientele includes a mix of medical image analysis software market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada medical image analysis software market , including forecasts for subscribers. This country databook contains high-level insights into Canada medical image analysis software market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada medical image analysis software market size, by type, 2018-2030 (US$M)
Canada Medical Image Analysis Software Market Outlook Share, 2023 & 2030 (US$M)
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