Advanced Visualization Market - Industry Analysis, Market Size, Share, Trends, Growth and Forecast 2020 - 2025

Report Code: HCR 0511 Report Format: PDF + Excel (Delivery in 48 Hrs)
Advanced Visualization Market size is estimated to be $2.5 billion in 2019, growing at a CAGR of 10.2% during the forecast period 2020-2025. Growing geriatric population, rapid urbanization, changing lifestyle, wrong eating habits, obesity, increase in the prevalence of chronic disease coupled with advanced visualization tools in disease diagnosis is a major factor driving the advanced visualization market during the forecast period 2020-2025. Furthermore, advanced visualization tools is anticipated to become a larger part of healthcare IT infrastructure over the coming years as organizations seek better ways to view collected data by big data analytics solutions. Factors driving the advanced visualization market in healthcare include technological advancements in advanced visualization software. This consist of integration of picture archiving and communication system (PACS) and advanced visualization tools, improved diagnostic interpretation with advanced visualization tools rising prevalence of target disease and growing demand for advanced diagnostic features. Moreover, according to the National Heart, Lung and Blood Institute Atherosclerotic Risk in Communities (ARIC) study and Cardiovascular Health Study(CHS) there are 1,260,000 new and recurrent coronary attacks per year- about 37% people experience coronary attack in a given year die from it. Furthermore, the use of PAC system in hospital is also contributing to its market growth.

Report Coverage
The report: “Advanced Visualization Market Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Advanced Visualization Market.

By Product & Services- Hardware, Software & Services.
By Solution- Standalone and Enterprise.
By Imaging Technology- Magnetic Resonance Imaging (MRI), Computerized Tomography (CT), Ultrasound, Radiotherapy, Nuclear Medicine and Others.
By Application-Oncology, Orthopedics, Cardiovascular, Neurology and Others
By End-Use-Hospitals, Surgical Centers, Diagnostic Centers and Others
By Geography-North America, Europe, Asia-Pacific and Rest of the World

Key Takeaways
  • The oncology segment accounted for a substantial market growth in 2019 owing to the increasing number of cancer patients and their willingness to adopt different types of treatments.
  • Hospitals accounted for the largest market share in 2019 owing to the increasing number of cardiovascular patients around the world.
  • In 2019, North America dominated the Advanced Visualization Market owing to the rising geriatric population along with the increase in the angina pectoris, increasing health concerns along with the growing demand of advanced treatment and a better healthcare structure is a major factor driving its market growth.
  • Technological Advancements in Advanced Visualization in healthcare is a major factor driving Advanced Visualization Market during the forecast period 2020-2025.

By Application - Segment Analysis 
By Application the advanced visualization market is segmented into oncology, orthopedics, cardiovascular, neurology and others. Among these the oncology segment is projected to be the fastest growing with a CAGR of 9.61% during the forecast period 2020-2025. This is owing to the increasing number of cancer patients and their willingness to adopt different types of radiotherapy, medicines for treatments. Moreover, GE Healthcare provides Advantage 4D for efficient and accurate visualization and assessment of respiratory induced motion fast with fast 4D image reconstruction. In addition Advantage 4D is a retrospective gating is a CT application that analyzes and characterizes respiration-induced motion of the anatomy. Furthermore, it provides information on the true shape of the anatomical objects in motion, reduces structural distortion and identifies the dynamic range of motion to help make radiotherapy planning assessment more precise.

By End-Use- Segment Analysis
Hospitals accounted for the largest market share in 2019 owing to the increasing number of cardiovascular patients around the world. Furthermore, trained doctors in the hospitals usually perform MRI, Cardiac MRI, CT and others thereby hospital are a major place for treatment. Furthermore, technological advancement leading to rapid diagnostic test which are faster, more reliable, and more widely available are further driving the advanced visualization market during the forecast period 2020-2025. Moreover, the growth of this segment is majorly owing to the increasing number of test in diagnostic centers and hospitals. 

Geography- Segment Analysis
North America dominated the Advanced Visualization Market with a region share 39% in 2019. Rising geriatric population along with the increase in cardiovascular diseases, increasing health concerns along with the growing demand of advanced treatment and a better healthcare structure is a major factor driving its market growth. Furthermore, the presence of large number of clinics and ease of availability of technology advanced instruments in that region is further driving its market growth. Moreover, according to the Centers for Disease Control and Prevention about 647,000 Americans die from heart disease each year-that is 1 in every-4 deaths.

Drivers – Advanced Visualization Market
  • Increasing incidence of chronic diseases
Increasing incidence of chronic diseases leading to diabetes and other cardiovascular diseases is a major driving the Advanced Visualization Market during the forecast period 2020-2025.Futhermore, the growing diabetes patients and their willingness to adapt different types of treatment is driving the demand of Advanced Visualization Market during the forecast period 2020-2025. Moreover, according to the World Health Organization about 422 million people worldwide have diabetes particularly in low and middle-income countries and 1.6 million deaths are directly attributed to diabetes each year.
  • Technological Advancement of Advanced Visualization In Healthcare 
Technological Advancements of Advanced Visualization in Healthcare is a major factor driving Advanced Visualization Market during the forecast period 2020-2025. Moreover it can give single dashboard for a patient’s entire history. Furthermore, at the core of data visualization it is a process that streamlines an immense of data and condenses it into one or two convenient forms on one dashboard thereby increasing its demand in healthcare.

Challenges – Advanced Visualization Market
  • Lack of Skilled Professional
Lack of skilled professional to perform advanced visualization is a significant factor restraining the advanced visualization market during the forecast period 2020-2025.Thereby lack of professional to perform advanced visualization in healthcare is a major setback for the growth of advanced visualization market growth.

Advanced Visualization Market Industry Outlook 
Product Launches, Merger & Acquisition, joint ventures and R&D activities are key strategies adopted by the players in Advanced Visualization Market. Advanced Visualization Market top 10 companies are General Electric Company, Canon Inc., Siemens AG, Qi Imaging LLC, Pro Medicus Limited, Terarecon Inc., Carestream Health Inc., AGFA Gevaert N.V., Visage Imaging Inc. and Agfa Healthcare.

Developments:
  • September 2018: Siemens acquired Lightwork design to deliver advanced 3D Data Visualization.
1. Advanced Visualization Market Overview
    1.1 Definitions and Scope
2. Advanced Visualization Market - Executive Summary
    2.1 Market Revenue and Key Trends 
    2.2 Key trends by Application
    2.3 Key trends by End-Use
    2.4 Key trends by Geography
3. Advanced Visualization Market –Comparative Analysis
    3.1 Product Benchmarking - Key companies
    3.2 Financials Analysis - Key Companies
    3.3 Market Share Analysis- Key Companies
    3.4 Patent Analysis 
    3.5 Pricing Analysis
4. Advanced Visualization Market- Startup companies Scenario Premium (Premium) 
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Application Analysis
        4.1.4 Venture Capital and Funding Scenario
5. Advanced Visualization Market – Industry Market Entry Scenario Premium (Premium) 
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Advanced Visualization Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters Five Force Model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes 
7. Advanced Visualization Market -Strategic analysis
    7.1 Value chain analysis 
    7.2 Opportunities analysis
    7.3 Market life cycle
8. Advanced Visualization Market – By Product and Services (Market Size –$Million/$Billion)
    8.1 Hardware
    8.2 Software
    8.3 Services
9. Advanced Visualization Market – By Solution(Market Size –$Million/$Billion)
    9.1 Enterprise-Wide Thin Client Based Solution
    9.2 Standalone Workstation-based Solution
10. Advanced Visualization Market – By Imaging Technology(Market Size –$Million/$Billion)
    10.1 Magnetic Resonance Imaging
    10.2 Computerized Tomography
    10.3 Ultrasound
    10.4 Radiotherapy
    10.5 Nuclear Medicine
    10.6 Others
11. Advanced Visualization Market – By Application(Market Size –$Million/$Billion)
    11.1 Oncology
    11.2 Orthopedics
    11.3 Cardiovascular
    11.4 Neurology
    11.5 Others
12. Advanced Visualization Market – By End-User(Market Size –$Million/$Billion)
    12.1 Hospitals
    12.2 Surgical Centers
    12.3 Diagnostic Centers
    12.4 Others
13. Advanced Visualization Market - By Geography (Market Size -$Million/$Billion)
    13.1 North America
        13.1.1 U.S.
        13.1.2 Canada
        13.1.3 Mexico
    13.2 Europe
        13.2.1 U.K.
        13.2.2 Germany
        13.2.3 France
        13.2.4 Italy
        13.2.5 Spain
        13.2.6 Rest of Europe
    13.3 Asia-Pacific
        13.3.1 China
        13.3.2 Japan
        13.3.3 South Korea
        13.3.4 India
        13.3.5 Australia & New Zealand
        13.3.6 Rest of Asia-Pacific
    13.4 Rest of the World
        13.4.1 Middle East
        13.4.2 Africa
        13.4.3 South America
14. Advanced Visualization Market - Entropy
15. Advanced Visualization Market – Industry/Segment Competition Landscape   (Premium) 
    15.1. Market Share Analysis
        15.1.1 Global Market Share – Key Companies
        15.1.2 Market Share by Region – Key companies
        15.1.3 Market Share by Country- Key companies
        15.1.4 Best Practices for Companies
16. Advanced Visualization Market – Key Company List by Country Premium (Premium)
17. Advanced Visualization Market Company Analysis
    17.1 Company Revenue, Products, M&A, Developments
    17.2 General Electric Company
    17.3 Canon Inc
    17.4 Siemens AG
    17.5 QI Imaging LLC
    17.6 Pro Medicus Limited
    17.7 Terarecon Inc
    17.8 Carestream Health Inc
    17.9 AGFA Gevaert N.V.
    17.10 Visage Imaging Inc
    17.11 Agfa Healthcare
*Financials for private companies would be provided on a best efforts basis”.