China Medical Image Analysis Software Market Size & Outlook
The medical image analysis software market in China is expected to reach a projected revenue of US$ 300.5 million by 2030. A compound annual growth rate of 8.9% is expected of China medical image analysis software market from 2024 to 2030.
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
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.
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.
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 Outlook 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.
China Medical Image Analysis Software Market Type Outlook (Revenue, USD Million , 2018-2030)
Integrated
Stand Alone
China Medical Image Analysis Software Market Modality Outlook (Revenue, USD Million , 2018-2030)
Tomography
Ultrasound Imaging
Radiographic Imaging
Combined Modalities
China Medical Image Analysis Software Market Imaging Type Outlook (Revenue, USD Million , 2018-2030)
2D Imaging
3D Imaging
4D Imaging
China Medical Image Analysis Software Market Application Outlook (Revenue, USD Million , 2018-2030)
Orthopedic
Dental
Neurology
Cardiology
Oncology
Obstetrics & Gynecology
Mammography
Urology & Nephrology
China Medical Image Analysis Software Market End Use Outlook (Revenue, USD Million , 2018-2030)
Hospitals
Diagnostic Centers
Ambulatory Surgical Centers
Others
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Horizon Databook provides a detailed overview of country-level data and insights on the China Medical Image Analysis Software Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into China Medical Image Analysis Software Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
China Medical Image Analysis Software Market, 2018-2030 (US$M)