Medical Imaging Workstations Market Grows to USD 1.38 Billion by 2023

The growing demand for MRI equipment can be attributed to the increasing number of MRI examinations, rising adoption of MRI for brain imaging, increasingly interconnected diagnostic MRI workflows among multiple vendors (for effective resource management), greater digitalization of diagnostic imaging processes across major countries, and growing application of PACS in clinical workflows (such as in cardiology, ophthalmology, radiology, and dentistry).

Based on component, the visualization software segment is expected to register the highest growth rate in the medical imaging workstations market during the forecast period. The demand for visualization software is being driven mainly by the increasing number of diagnostic procedures performed across the globe (coupled with growing patient emphasis on early and accurate clinical diagnosis) and rising focus on development and commercialization of advanced image visualization & analysis software through strategic agreements and partnerships.

Geographically, North America is expected to dominate the global medical imaging workstations market in 2018 due to the high incidence/prevalence of various target diseases, presence of a large number of imaging centers, fast adoption of technologically advanced imaging systems, and strong presence of prominent market players in the region.

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