Medical Imaging Workstations Market by Modality (Magnetic Resonance Imaging, Computed Tomography, Ultrasound, Mammography), by Application (Diagnostic Imaging, Clinical Review, Advanced Imaging), by Component, by Usage Mode, by Clinical Specialty– Global Analysis & Forecast, 2020 – 2027

The Global Medical Imaging Workstations Market is expected to grow at a CAGR of 8.4% from 2020 to 2027. Medical imaging work stations play a dynamic role in the diagnosis of various diseases as it improves the precision and accuracy of diagnosis. The establishment of new medical facilities, increased product commercialization, and a rising number of outpatient,as well as, ambulatory imaging centersare the major factors surging the market growthfor medical imaging workstations. Rising demand for affordable diagnostic options in remote areas and the introduction of technologically advanced and affordable systems is expected to boost the market growth in the coming years lucratively.

The global medical imaging workstations market is segmented by modality, component, usage mode, application, and clinical specialty. Magnetic resonance imaging, computed tomography, ultrasound, mammography, and other modalities are the bifurcations of the modality segment. The component segment is further divided into visualization software, display units, display controller cards, and central processing units. By usage mode, the market is bifurcated into thin client workstations and thick client workstations. The application segment is sub-segmented into diagnostic imaging, clinical review, and advanced imaging. By clinical specialty, the market is divided into oncology, cardiology, general imaging/radiology, obstetrics and gynecology, orthopedics, mammography, urology, other clinical specialties.

In the application segment, advanced imaging dominated the market in 2020 and anticipated to continue its growth trend during the forecast period, driven by its benefits such aspredictive analytics and artificial intelligence in medical imaging. By usage mode, the thin client workstations segment generated the maximum market revenue in 2020. The increasing need for early and effective patient diagnosis and growing preference for remote patient monitoring are the major factors fueling the market.The oncology segment dominated the clinical specialty segment driven by the growing need for early and effective cancer diagnosis & treatment.

By region, North America dominated the geography segment accounting for the major market share globally.  The presence of a large number of imaging centers, the high prevalence of various target diseases, and the fast adoption of the technologically advanced imaging systems are the major factors supporting the market growth in the region.The leading market players include Carestream Health, Hologic, Carl Zeiss Meditec AG, Accuray Incorporated, Capsa Healthcare, General Electric Company, Koninklijke Philips N.V., Siemens AG, Fujifilm Holdings Corporation, Canon Medical Systems Corporation, Ampronix, Medicor Imaging, NGI Group, Alma IT Systems, and Pie Medical Imaging, among others.

Medical Imaging Workstations Market Key Segments:

Modality Segments

•    Magnetic Resonance Imaging
•    Computed Tomography
•    Ultrasound
•    Mammography
•    Other Modalities

ComponentSegments

•    Visualization Software
•    Display Units
•    Display Controller Cards
•    Central Processing Units

Usage ModeSegments

•    Thin Client Workstations
•    Thick Client Workstations

ApplicationSegments

•    Diagnostic Imaging
•    Clinical Review
•    Advanced Imaging

Clinical SpecialtySegments

•    Oncology
•    Cardiology
•    General Imaging/Radiology
•    Obstetrics and Gynecology
•    Orthopedics
•    Mammography
•    Urology
•    Other Clinical Specialties

Geographical Segments

•    North America

o    The U.S.
o    Canada
o    Mexico

•    Europe

o    UK
o    Germany
o    France
o    Italy
o    Spain
o    Rest of Europe

•    Asia-Pacific

o    India
o    China
o    Japan
o    Australia
o    South Korea
o    Rest of Asia-Pacific

•    LAMEA

o    Latin America
o    The Middle East
o    Africa