Advanced Visualization Trends and Forecast
The future of the global advanced visualization market looks promising with opportunities in the hospitals & surgical center, imaging center, and academic & research center markets. The global advanced visualization market is expected to reach an estimated $6.9 billion by 2030 with a CAGR of 11.3% from 2024 to 2030. The major drivers for this market are increasing healthcare spending, accelerated adoption of telemedicine and remote collaboration tools in healthcare, and integrating artificial intelligence (AI) and machine learning (ML) algorithms into medical.
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Advanced Visualization by Segment
The study includes a forecast for the global advanced visualization by product, imaging modality, application, end use, and region.
Advanced Visualization Market by Product [Shipment Analysis by Value from 2018 to 2030]:
- Hardware & Software
- Services
Advanced Visualization Market by Imaging Modality [Shipment Analysis by Value from 2018 to 2030]:
- Magnetic Resonance Imaging (MRI)
- Computed Tomography (CT)
- Positron Emission Tomography (PET)
- Ultrasound
- Radiotherapy (RT)
- Nuclear Medicine
Advanced Visualization Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Radiology/Interventional Radiology
- Cardiology
- Orthopedics
- Oncology
- Vascular
- Neurology
- Others
Advanced Visualization Market by Imaging Modality [Shipment Analysis by Value from 2018 to 2030]:
- Hospitals & Surgical Centers
- Imaging Centers
- Academic & Research Centers
- Others
Advanced Visualization Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Advanced Visualization Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies advanced visualization companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the advanced visualization companies profiled in this report include-
- General Electric
- Toshiba Corporation
- Siemens
- Koninklijke Philips N.V.
- Canon
- Vital Images
- Thermo Fisher Scientific
- Fujifilm Holdings Corporation
- Terarecon
- Olympus Corporation
Advanced Visualization Market Insights
- Lucintel forecasts that hardware & software will remain the larger segment over the forecast period due to increasing adoption of AV solutions in hospitals and diagnostic centers.
- Within this market, hospitals & surgical center will remain the largest segment due to availability of skilled medical professionals and advanced healthcare infrastructure and hospitals provide convenient access to medical facilities for individuals seeking healthcare services.
- North America will remain the largest region during the forecast period due to availability of advanced diagnostic products in the US and Canada and advanced research and development facilities across the USA.
Features of the Global Advanced Visualization Market
- Market Size Estimates: Advanced visualization market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Advanced visualization market size by various segments, such as by product, imaging modality, application, end use, and region. in terms of ($B).
- Regional Analysis: Advanced visualization market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different products, imaging modality, applications, end uses, and region.s for the advanced visualization market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the advanced visualization market.
- Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q.1. What is the advanced visualization market size?
Answer: The global advanced visualization market is expected to reach an estimated $6.9 billion by 2030.
Q.2. What is the growth forecast for advanced visualization market?
Answer: The global advanced visualization market is expected to grow with a CAGR of 11.3% from 2024 to 2030.
Q.3. What are the major drivers influencing the growth of the advanced visualization market?
Answer: The major drivers for this market are increasing healthcare spending, accelerated adoption of telemedicine and remote collaboration tools in healthcare, and integrating artificial intelligence (AI) and machine learning (ML) algorithms into medical.
Q.4. What are the major segments for advanced visualization market?
Answer: The future of the advanced visualization market looks promising with opportunities in the hospitals & surgical center, imaging center, and academic & research center markets.
Q.5. Who are the key advanced visualization market companies?
Answer: Some of the key advanced visualization companies are as follows:
- General Electric
- Toshiba Corporation
- Siemens
- Koninklijke Philips N.V.
- Canon
- Vital Images
- Thermo Fisher Scientific
- Fujifilm Holdings Corporation
- Terarecon
- Olympus Corporation
Q.6. Which advanced visualization market segment will be the largest in future?
Answer: Lucintel forecasts that hardware & software will remain the larger segment over the forecast period due to increasing adoption of AV solutions in hospitals and diagnostic centers.
Q.7. In advanced visualization market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region during the forecast period due to availability of advanced diagnostic products in the US and Canada and advanced research and development facilities across the USA.
Q.8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
- Q.1. What are some of the most promising, high-growth opportunities for the advanced visualization market by product (hardware & software and services), imaging modality (magnetic resonance imaging (MRI), computed tomography (CT), positron emission tomography (PET), ultrasound, radiotherapy (RT), and nuclear medicine), application (radiology/interventional radiology, cardiology, orthopedics, oncology, vascular, neurology, and others), end use (hospitals & surgical centers, imaging centers, academic & research centers, and others), and region. (North America, Europe, Asia Pacific, and the Rest of the World)?
- Q.2. Which segments will grow at a faster pace and why?
- Q.3. Which region will grow at a faster pace and why?
- Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
- Q.5. What are the business risks and competitive threats in this market?
- Q.6. What are the emerging trends in this market and the reasons behind them?
- Q.7. What are some of the changing demands of customers in the market?
- Q.8. What are the new developments in the market? Which companies are leading these developments?
- Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
- Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
- Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?