PUBLISHER: Grand View Research | PRODUCT CODE: 1571542
PUBLISHER: Grand View Research | PRODUCT CODE: 1571542
The global ultrasound image analysis software market size is anticipated to reach USD 1.45 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 8.3% from 2024 to 2030.The growing prevalence of chronic diseases is a high impact rendering growth driver for the market. The increasing prevalence is presumed to be driving the clinical urgency to adopt ultrasound image analysis software in order to improve the existing poor patient diagnostic imaging measures and reduce the long-term cost associated with the conventional diagnostics.
In addition, a widening geriatric population base, possessing high susceptibility toward the development of chronic diseases is expected to upsurge the demand for ultrasound image analysis software in the future. According to research published in Medscape, chronic diseases, which predominantly include cardiovascular diseases, are responsible for the high mortality rate in the U.S. Consequentially; the presence of these highly prevalent cardiovascular diseases raises the demand to utilize advanced diagnostic and imaging alternatives. The aforementioned factor is anticipated to widen the potential for growth throughout the forecast period.