China Medical Image Analysis Software Market Size & Outlook
China medical image analysis software market, 2018-2030 (US$M)
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China medical image analysis software market highlights
- The China medical image analysis software market generated a revenue of USD 164.9 million in 2023 and is expected to reach USD 300.5 million by 2030.
- The China market is expected to grow at a CAGR of 8.9% 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 164.9 million |
| Market revenue in 2030 | USD 300.5 million |
| Growth rate | 8.9% (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, China accounted for 5.0% 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 Asia Pacific, China medical image analysis software market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 223.9 million by 2030.
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Medical Image Analysis Software Market Scope
Medical Image Analysis Software Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China 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 54.46% in 2023. Horizon Databook has segmented the China medical image analysis software market based on integrated, stand alone covering the revenue growth of each sub-segment from 2018 to 2030.
Key drivers of the Chinese market include the rise in prevalence of chronic diseases, integration of AI in imaging equipment, and growing geriatric population. Medical insurance covers more than 95% of the population and there are over one million medical institutions in China.
The average life expectancy has touched 76.4 years, which is better than that in some high-income nations. Domestic companies like Tencent are using AI medical image analysis software innovations for data mining and real-time imaging to provide faster, better, and comprehensive diagnosis.
The Chinese medical image analysis market is dominated by large international companies such as GE Healthcare and Siemens Healthineers that have used their manufacturing units to establish a position in the Chinese market.
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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 China medical image analysis software market , including forecasts for subscribers. This country databook contains high-level insights into China medical image analysis software market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China medical image analysis software market size, by type, 2018-2030 (US$M)
China Medical Image Analysis Software Market Outlook Share, 2023 & 2030 (US$M)
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