Asia Pacific Medical Imaging Informatics Market

The Asia Pacific medical imaging informatics market is expected to grow from US$ 802.47 million in 2021 to US$ 1,156.37 million in 2028; it is estimated to grow at a CAGR of 5.4% from 2021 to 2028.

The market growth is attributed to the technological advancements in medical imaging informatics and surge in 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.

Technological integration has played an enormous role in developing efficient medical imaging tools. Medical imaging informatics is used to diagnose physical injuries and locate and identify tumors in the human body. Considering the massive potential held by medical imaging, companies are looking to invest heavily in the development of efficient products to expand their clientele. Increasing regulatory approvals for advanced products and the focus on product innovations are likely to significantly impact the growth of the Asia Pacific medical imaging informatics market in the coming years.In July 2020, FUJIFILM Sonosite, Inc. announced the launch of the Sonosite PX ultrasound system. The company claims that this product is the next generation in Sonosite POCUS, with the most advanced image clarity. Moreover, in April 2019, Canon Medical Systems launched its new ultrasound system that delivers higher performance than its counterparts. The Aplio-A series introduced by the company is used for various clinical purposes and is available at an affordable price. The availability of such low-cost products with high efficiency is likely to favor the growth of the Asia Pacific medical imaging informatics market during the forecast period.

 

Asia Pacific Medical Imaging Informatics Market Revenue and Forecast to 2028 (US$ Million)

Asia Pacific Medical Imaging Informatics Strategic Insights

Strategic insights for the Asia Pacific Medical Imaging Informatics provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Asia Pacific Medical Imaging Informatics Report Scope

Asia Pacific Medical Imaging Informatics Regional Insights

The geographic scope of the Asia Pacific Medical Imaging Informatics refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

Asia Pacific Medical Imaging Informatics Market Segmentation

The Asia Pacific 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 Asia Pacific medical imaging informatics market is segmented into China, Japan, India, South Korea, Australia, and the Rest of Asia Pacific.

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