Advanced Visualization Market was valued at USD 1.76 billion in 2016 and is projected to reach USD 4.43 billion by 2025, growing at a CAGR of 10.8% from 2016 to 2025.
Advanced Visualization is the aggregation of patient data across multiple health information technology resources, the analysis of that data into a single, actionable patient record, and the actions through which care providers can improve both clinical and financial outcomes.
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Advanced Visualization (PHM) seeks to improve the health outcomes of a group by monitoring and identifying individual patients within that group. Typically, PHM programs use business intelligence (BI) tool to aggregate data and provide a comprehensive clinical picture of each patient. Using that data, providers can track, and hopefully improve, clinical outcomes while lowering costs.
1. Market Drivers
1.1 Advancements in AV Software
1.2 Technological Advancements
1.3 Rising Prevalence of targeted diseases
1.4 Need for better diagnostic Techniques
1.5 Increased Awareness regarding IT/AV facilities
2. Market Restraints
2.1 Limited Availability of Reimbursements for Radiology-Based Diagnostic Procedures
2.2 Lack technology experts
Advanced Visualization Marketis segmented on the basis of:
1. By Type Of Solution being offered:
1.1 Enterprise-Wide Thin Client-Based Solutions
1.2 Standalone Workstation-Based Solutions
2. by Products and services:
2.1 Hardware and software
2.2.2 Post sale and maintenance
2.2.4 Training and Education
3. By Clinical Application:
3.1 Radiology/Interventional Radiology
3.7 Other Clinical Applications
4. By End User:
4.2 Hospitals and Surgical Centers
4.3 Imaging Centers
4.4 Academic and Research Centers
4.5 Other End Users
5. By Imaging Modality:
5.1 Magnetic Resonance Imaging (MRI)
5.2 Computed Tomography (CT)
5.3 Positron Emission Tomography (PET)
5.5 Radiotherapy (RT)
5.6 Nuclear Medicine
5.7 Other Imaging Modalities
6. By Region:
6.1 North America (U.S., Canada, Mexico)
6.2 Europe (Germany, UK, France, Rest of Europe)
6.3 Asia Pacific (China, Japan, India, Rest of Asia Pacific)
6.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5Rest of the World
The major players in the market are as follows:
1. General Electric Company
2. Toshiba Corporation
3. Siemens AG
4. Koninklijke Philips N.V.
5. Fujifilm Holdings Corporation
6. Terarecon, Inc.
7. PRO Medicus Limited
8. Carestream Health, Inc. (A Part of Onex Corporation)
9. AGFA-Gevaert N.V.
10. QI Imaging
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These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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