Asia Pacific Medical Imaging Informatics Market Forecast to 2028

Asia Pacific Medical Imaging Informatics Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Digital Radiography, Ultrasound, MRI, CT, Nuclear Imaging, and Mammography), Application (Hospital, Ambulatory Healthcare Settings, Diagnostic and Imaging Centers, and Others), and Component (Software, Hardware, and Services)

Report Code : BMIRE00025450 | Region : Asia Pacific | Industry : Healthcare IT | Published Date : 21/Jul/2022

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 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 Asia Pacific medical imaging informatics market.

At 5.4% CAGR, the Asia Pacific Medical Imaging Informatics Market is speculated to be worth US$ 1,156.37 million by 2028, says The Insight Partners

According to The Insight Partners’ research, the Asia Pacifc medical imaging informatics market was valued at US$ 802.47 million in 2021 and is expected to reach US$ 1,156.37 million by 2028, registering an annual growth rate of 5.4% from 2021 to 2028. The technological advancements in medical imaging informatics and surge in geriatric population and prevalence of chronic diseases are the critical factors attributed to the market expansion.

Japan, China, India, and South Korea, among other economies, have considerably modernized healthcare facilities and services. As a result, the life expectancy of people in these countries has increased, leading to the growth in their geriatric population base. According to the data by the WHO, in 2019, the number of people aged 60 years and older was 1 billion, and this number is likely to rise to 1.4 billion by 2030 and 2.1 billion by 2050. The elderly population majorly suffers from various chronic diseases, such as cardiovascular diseases (CVD), due to structural and functional changes in their cardiovascular systems associated with aging. Aging leads to the stiffening of the heart and blood vessels. Thus, arrhythmias, as well as coronary artery disease and heart failure, are common risk factors in people of age Thus, the rising geriatric population worldwide increases the demand for various disease diagnoses procedures, as well as medical imaging informatics, thereby fueling the market growth.

On the contrary, a lack of expertise in operating medical imaging informatics systems hurdles the growth of Asia Pacific medical imaging informatics market.

Based on type, the market is segmented into digital radiography, ultrasound, MRI, CT, nuclear imaging, and mammography. The ultrasound segment held 31.2% market share in 2021, amassing US$ 250.73 million. It is projected to garner US$ 356.13 million by 2028 to expand at 5.1% CAGR during 2021–2028.

Based on application, the market is categorized into hospitals, ambulatory healthcare settings, diagnostics and imaging centers, and others. With 64.5% share of the domain, the hospitals segment dominated the market in 2021. It accrued US$ 517.42 million in 2021 and is estimated to generate US$ 751.06 million by 2028 to grow at a CAGR of 5.5% over the forecast period.

Based on component, the market is segmented into software, hardware, and services. The software segment held 63.1% market share in 2021, amassing US$ 506.42 million. It is projected to garner US$ 735.13 million by 2028 to expand at 5.5% CAGR during 2021–2028.

Based on country, the Asia Pacific medical imaging informatics market is categorizsed into China, Japan, India, South Korea, Australia, and the Rest of Asia Pacific. Our regional analysis states that China captured 38.7% market share in 2021. It was assessed at US$ 310.44 million in 2021 and is likely to hit US$ 440.60 million by 2028, exhibiting a CAGR of 5.1% during the forecast period.

Key players dominating the Asia Pacific medical imaging informatics market are 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 among others.

TABLE OF CONTENTS

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 Asia Pacific Medical Imaging Informatics Market – By Type

1.3.2 Asia Pacific Medical Imaging Informatics Market – By Application

1.3.3 Asia Pacific Medical Imaging Informatics Market – By Component

1.3.4 Asia Pacific Medical Imaging Informatics Market – By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Medical Imaging Informatics Market – Market Landscape

4.1 Overview

4.2 PEST Analysis

4.2.1 Asia Pacific PEST Analysis

4.3 Experts Opinion

5. Report Name Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Increase in Number of Medical Imaging Procedures

5.1.2 Surge in Geriatric Population

5.1.3 Rising Prevalence of Chronic Diseases

5.2 Market Restraints

5.2.1 Lack of Expertise to Operate Medical Imaging Informatics Systems

5.3 Market Opportunities

5.3.1 Technological Advancements in Medical Imaging Informatics

5.4 Future Trends

5.4.1 Rising Demand for AI- and Cloud-Based Platforms

5.5 Impact Analysis

6. Medical Imaging Informatics Market– Asia Pacific Analysis

6.1 Asia Pacific Medical Imaging Informatics Market Revenue Forecast and Analysis

7. Medical Imaging Informatics Market Revenue and Forecasts to 2028– by Type

7.1 Overview

7.2 Medical Imaging Informatics Market, By Type, 2021 & 2028 (%)

7.3 Digital Radiography

7.3.1 Overview

7.3.2 Digital Radiography: Medical Imaging Informatics Market Revenue and Forecasts to 2028 (US$ Million)

7.4 Ultrasound

7.4.1 Overview

7.4.2 Ultrasound: Medical Imaging Informatics Market Revenue and Forecasts to 2028 (US$ Million)

7.5 MRI

7.5.1 Overview

7.5.2 MRI: Medical Imaging Informatics Market Revenue and Forecasts to 2028 (US$ Million)

7.6 CT

7.6.1 Overview

7.6.2 CT: Medical Imaging Informatics Market Revenue and Forecasts to 2028 (US$ Million)

7.7 Nuclear Imaging

7.7.1 Overview

7.7.2 Nuclear Imaging: Medical Imaging Informatics Market Revenue and Forecasts to 2028 (US$ Million)

7.8 Mammography

7.8.1 Overview

7.8.2 Mammography: Medical Imaging Informatics Market Revenue and Forecasts to 2028 (US$ Million)

8. Medical Imaging Informatics Market Revenue and Forecasts To 2028 – Application

8.1 Overview

8.2 Medical Imaging Informatics Market Share by Application - 2021 & 2028 (%)

8.3 Hospitals

8.3.1 Overview

8.3.2 Hospital: Medical Imaging Informatics Market Revenue and Forecast to 2028 (US$ Million)

8.4 Ambulatory Healthcare Settings

8.4.1 Overview

8.4.2 Ambulatory Healthcare Settings: Medical Imaging Informatics Market Revenue and Forecast to 2028 (US$ Million)

8.5 Diagnostics and Imaging Centers

8.5.1 Overview

8.5.2 Diagnostics and Imaging Centers: Medical Imaging Informatics Market Revenue and Forecast to 2028 (US$ Million)

8.6 Others

8.6.1 Overview

8.6.2 Others: Medical Imaging Informatics Market Revenue and Forecast to 2028 (US$ Million)

9. Medical Imaging Informatics Market Revenue and Forecasts To 2028 – Component

9.1 Overview

9.2 Medical Imaging Informatics Market Share by Component- 2021 & 2028 (%)

9.3 Software

9.3.1 Overview

9.3.2 Software: Medical Imaging Informatics Market Revenue and Forecast to 2028 (US$ Million)

9.4 Hardware

9.4.1 Overview

9.4.2 Hardware: Medical Imaging Informatics Market Revenue and Forecast to 2028 (US$ Million)

9.5 Services

9.5.1 Overview

9.5.2 Services: Medical Imaging Informatics Market Revenue and Forecast to 2028 (US$ Million)

10. Asia Pacific Medical Imaging Informatics Market Revenue and Forecasts to 2028 –Country Analysis

10.1 Asia Pacific: Medical Imaging Informatics Market

10.1.1 Overview

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

10.1.3 Asia Pacific: Medical Imaging Informatics Market, By Type, 2019–2028 (US$ Million)

10.1.4 Asia Pacific: Medical Imaging Informatics Market, By Application, 2019–2028 (US$ Million)

10.1.4.1.1 Asia Pacific: Medical Imaging Informatics Market, by Component, 2019–2028 (US$ million)

10.1.5 Asia Pacific: Medical Imaging Informatics Market, by Country, 2021 & 2028 (%)

10.1.5.1 China: Medical Imaging Informatics Market – Revenue and Forecast to 2028 (US$ Million)

10.1.5.1.1 China: Medical Imaging Informatics Market – Revenue and Forecast to 2028 (US$ Million)

10.1.5.1.2 China: Medical Imaging Informatics Market, By Type, 2019–2028 (US$ Million)

10.1.5.1.3 China: Medical Imaging Informatics Market, By Application, 2019–2028 (US$ Million)

10.1.5.1.4 China: Medical Imaging Informatics Market, by Component, 2019–2028 (US$ million)

10.1.5.2 Japan: Medical Imaging Informatics Market – Revenue and Forecast to 2028 (US$ Million)

10.1.5.2.1 Japan: Medical Imaging Informatics Market – Revenue and Forecast to 2028 (US$ Million)

10.1.5.2.2 Japan: Medical Imaging Informatics Market, By Type, 2019–2028 (US$ Million)

10.1.5.2.3 Japan: Medical Imaging Informatics Market, By Application, 2019–2028 (US$ Million)

10.1.5.2.4 Japan: Medical Imaging Informatics Market, by Component, 2019–2028 (US$ million)

10.1.5.3 India: Medical Imaging Informatics Market – Revenue and Forecast to 2028 (US$ Million)

10.1.5.3.1 India: Medical Imaging Informatics Market – Revenue and Forecast to 2028 (US$ Million)

10.1.5.3.2 India: Medical Imaging Informatics Market, By Type, 2019–2028 (US$ Million)

10.1.5.3.3 India: Medical Imaging Informatics Market, By Application, 2019–2028 (US$ Million)

10.1.5.3.4 India: Medical Imaging Informatics Market, by Component, 2019–2028 (US$ million)

10.1.5.4 Australia: Medical Imaging Informatics Market – Revenue and Forecast to 2028 (US$ Million)

10.1.5.4.1 Australia: Medical Imaging Informatics Market – Revenue and Forecast to 2028 (US$ Million)

10.1.5.4.2 Australia: Medical Imaging Informatics Market, By Type, 2019–2028 (US$ Million)

10.1.5.4.3 Australia: Medical Imaging Informatics Market, By Application, 2019–2028 (US$ Million)

10.1.5.4.4 Australia: Medical Imaging Informatics Market, by Component, 2019–2028 (US$ million)

10.1.5.5 South Korea: Medical Imaging Informatics Market – Revenue and Forecast to 2028 (US$ Million)

10.1.5.5.1 South Korea: Medical Imaging Informatics Market – Revenue and Forecast to 2028 (US$ Million)

10.1.5.5.2 South Korea: Medical Imaging Informatics Market, By Type, 2019–2028 (US$ Million)

10.1.5.5.3 South Korea: Medical Imaging Informatics Market, By Application, 2019–2028 (US$ Million)

10.1.5.5.4 South Korea: Medical Imaging Informatics Market, by Component, 2019–2028 (US$ million)

10.1.5.6 Rest of Asia Pacific: Medical Imaging Informatics Market – Revenue and Forecast to 2028 (US$ Million)

10.1.5.6.1 Rest of Asia Pacific: Medical Imaging Informatics Market – Revenue and Forecast to 2028 (US$ Million)

10.1.5.6.2 Rest of Asia Pacific: Medical Imaging Informatics Market, By Type, 2019–2028 (US$ Million)

10.1.5.6.3 Rest of Asia Pacific: Medical Imaging Informatics Market, By Application, 2019–2028 (US$ Million)

10.1.5.6.4 Rest of Asia Pacific: Medical Imaging Informatics Market, by Component, 2019–2028 (US$ million)

11. Medical Imaging Informatics Market –Industry Landscape

11.1 Overview

11.2 Organic Developments

11.2.1 Overview

11.3 Inorganic Developments

11.3.1 Overview

12. Company Profiles

12.1 Agfa-Gevaert Group

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Carestream Health

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 ESAOTE SPA

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 GENERAL ELECTRIC

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Koninklijke Philips N.V.

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Siemens Healthcare GmbH

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Hologic, Inc.

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 Konica Minolta, Inc.

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

12.10 FUJIFILM Holdings Corporation

12.10.1 Key Facts

12.10.2 Business Description

12.10.3 Products and Services

12.10.4 Financial Overview

12.10.5 SWOT Analysis

12.10.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Glossary of Terms

LIST OF TABLES.

Table 1. Asia Pacific: Medical Imaging Informatics Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 2. Asia Pacific: Medical Imaging Informatics Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 3. Asia Pacific Medical Imaging Informatics Market, by Component – Revenue and Forecast to 2028 (US$ million)

Table 4. China: Medical Imaging Informatics Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 5. China: Medical Imaging Informatics Market, By Application– Revenue and Forecast to 2028 (US$ Million)

Table 6. China Medical Imaging Informatics Market, by Component – Revenue and Forecast to 2028 (US$ million)

Table 7. Japan: Medical Imaging Informatics Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 8. Japan: Medical Imaging Informatics Market, By Application– Revenue and Forecast to 2028 (US$ Million)

Table 9. Japan: Medical Imaging Informatics Market, by Component – Revenue and Forecast to 2028 (US$ million)

Table 10. India: Medical Imaging Informatics Market, By Type– Revenue and Forecast to 2028 (US$ Million)

Table 11. India: Medical Imaging Informatics Market, By Application– Revenue and Forecast to 2028 (US$ Million)

Table 12. India Medical Imaging Informatics Market, by Component – Revenue and Forecast to 2028 (US$ million)

Table 13. Australia: Medical Imaging Informatics Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 14. Australia: Medical Imaging Informatics Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 15. Australia Medical Imaging Informatics Market, by Component – Revenue and Forecast to 2028 (US$ million)

Table 16. South Korea: Medical Imaging Informatics Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 17. South Korea: Medical Imaging Informatics Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 18. South Korea Medical Imaging Informatics Market, by Component – Revenue and Forecast to 2028 (US$ million)

Table 19. Rest of Asia Pacific: Medical Imaging Informatics Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 20. Rest of Asia Pacific: Medical Imaging Informatics Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 21. Rest of Asia Pacific Medical Imaging Informatics Market, by Component – Revenue and Forecast to 2028 (US$ million)

Table 22. Organic Developments Done By Companies

Table 23. Inorganic Developments Done By Companies

Table 24. Glossary of Terms

LIST OF FIGURES.

Figure 1. Medical Imaging Informatics Market Segmentation

Figure 2. Medical Imaging Informatics Market, By Country

Figure 3. Asia Pacific Medical Imaging Informatics Market Overview

Figure 4. Ultrasound Segment Held Largest Share of Type Segment in Medical Imaging Informatics Market

Figure 5. Asia Pacific Medical Imaging Informatics Market- Leading Country Markets (US$ Million)

Figure 6. Asia Pacific: PEST Analysis

Figure 7. Experts Opinion

Figure 8. Impact Analysis of Drivers and Restraints Pertaining to Report Name Market

Figure 9. Asia Pacific Medical Imaging Informatics Market – By Country Forecast and Analysis – 2021 - 2028

Figure 10. Medical Imaging Informatics Market, by Type, 2021 & 2028 (%)

Figure 11. Digital Radiography: Medical Imaging Informatics Market Revenue and Forecasts to 2028 (US$ Million)

Figure 12. Ultrasound: Medical Imaging Informatics Market Revenue and Forecasts to 2028 (US$ Million)

Figure 13. MRI: Medical Imaging Informatics Market Revenue and Forecasts to 2028 (US$ Million)

Figure 14. CT: Medical Imaging Informatics Market Revenue and Forecasts to 2028 (US$ Million)

Figure 15. Nuclear Imaging: Medical Imaging Informatics Market Revenue and Forecasts to 2028 (US$ Million)

Figure 16. Mammography: Medical Imaging Informatics Market Revenue and Forecasts to 2028 (US$ Million)

Figure 17. Medical Imaging Informatics Market Share by Application - 2021 & 2028 (%)

Figure 18. Hospital: Medical Imaging Informatics Market Revenue and Forecasts To 2028 (US$ Million)

Figure 19. Ambulatory Healthcare Settings: Medical Imaging Informatics Market Revenue and Forecasts To 2028 (US$ Million)

Figure 20. Diagnostics and Imaging Centers: Medical Imaging Informatics Market Revenue and Forecasts To 2028 (US$ Million)

Figure 21. Others: Medical Imaging Informatics Market Revenue and Forecasts To 2028 (US$ Million)

Figure 22. Medical Imaging Informatics Market Share by Component - 2021 & 2028 (%)

Figure 23. Software: Medical Imaging Informatics Market Revenue and Forecasts To 2028 (US$ Million)

Figure 24. Hardware: Medical Imaging Informatics Market Revenue and Forecasts To 2028 (US$ Million)

Figure 25. Services: Medical Imaging Informatics Market Revenue and Forecasts To 2028 (US$ Million)

Figure 26. Asia Pacific: Medical Imaging Informatics Market, by Key Country – Revenue (2021) (US$ Million)

Figure 27. Asia Pacific Medical Imaging Informatics Market Revenue and Forecast to 2028 (US$ Million)

Figure 28. Asia Pacific: Medical Imaging Informatics Market, by Country, 2021 & 2028 (%)

Figure 29. China: Medical Imaging Informatics Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30. Japan: Medical Imaging Informatics Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31. India: Medical Imaging Informatics Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32. Australia: Medical Imaging Informatics Market – Revenue and Forecast to 2028 (US$ Million)

Figure 33. South Korea: Medical Imaging Informatics Market – Revenue and Forecast to 2028 (US$ Million)

Figure 34. Rest of Asia Pacific: Medical Imaging Informatics Market – Revenue and Forecast to 2028 (US$ Million)

The List of Companies - Asia Pacific Medical Imaging Informatics Market

● Agfa-Gevaert Group

● Carestream Health

● ESAOTE SPA

● FUJIFILM Holdings Corporation

● GENERAL ELECTRIC

● Hologic, Inc.

● Konica Minolta, Inc.

● Koninklijke Philips N.V.

● Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

● Siemens Healthcare GmbH

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