Market OverviewCardiovascular diseases (CVDs) are the major heart-related problems which have resulted into several deaths across the globe and are continuously growing by the passing years. Cardiac imaging software helps in identifying the issues with equipment to provide early detection and better result.
Numerous heart conditions such as coronary heart disease, cerebrovascular disease, congenital heart disease, peripheral arterial disease, rheumatic heart disease, deep vein thrombosis and pulmonary embolism, can be analysed through the programming in these imaging software. Development of such programming software is significantly ascribed due to the expanding prevalence of various heart ailments. Furthermore, growing ageing is another factor leading to the increased cases of heart diseases. As per the World Bank reports, growing geriatric population around the world has increased from 7.64% in the year 2010 to 8.7 in 2017 such rising growth is expected to aid the growth of imaging software in cardiology over the forecast period.
Segment OverviewAdvancements in computer software that reduces number of steps needed to cut the exam times and by also improve imaging at lesser cost, such advancements and reducing costs are expected to drive the global market for cardiac imaging during the forecast period.
Additionally, growing ongoing research and development activities to make the imaging software more suitable and cost efficient is expected to boost the cardiac imaging software market shares substantially during the forecast period. The new generation software offers functional and structural change detection of heart that can be mechanically analysed and planned to understand any present or future possibilities of any heart conditions in a patient.
Regional OverviewNorth America is expected to showcase a strong growth rate in the cardiac imaging software market owing to the region having efficient medical facilities and well-developed healthcare sector. The region is expected to be followed by Asia Pacific owing to the developing economic situations along with the rise in healthcare expenditures and growing number of the healthcare facilities in the region.
Moreover, Europe is projected to display budding growth on account of growing geriatric population in the region with the countries such as, Germany, Italy, being the countries with highest geriatric population growth rate beside with growing demand for the outpatient surgeries during the forecast period.
Competitor overviewMany multi-national players are focused towards new product advances in the cardiac imaging software in order to deliver advanced medical technology, pose a tough foothold of its product in the market. Growing technological innovations such as joined color-coded functional parameters enhances and provide additional dimension and many other specialized properties which are further anticipated to boost the development in market considerably in coming years.
Key Players
- Siemens Healthcare
- GE Healthcare
- Philips Healthcare
- Epsilon Imaging
- Shimadzu Corporation
- Circle Cardiovascular Imaging Inc.
- CardioComm Solutions Inc.
- Integer Holdings Corporation
- McKesson Corporation
- Toshiba
Market SegmentationBy Type
- Tomography
- Ultrasound Imaging
- Radiographic Imaging
- Combined Modalities
By End User
- Hospitals
- Cardiovascular Clinics
- Echocardiography and Vascular Laboratories
- Diagnostic Laboratories
- Ambulatory Surgical Centres
By Geography
- North America
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- UAE
- Rest of LAMEA
Research Process
Data Library Research are conducted by industry experts who offer insight on
industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager
and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Primary Research
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary Research
Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size Estimation
Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model