According to our most recent market research, "Image Analysis Software Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Deployment Type, Image Dimension, and Industry Vertical," the image analysis software market was valued at US$ 3,970.93 million in 2021 and is expected to reach US$ 7,672.16 million by 2028, growing at a CAGR of 9.9% between 2021 and 2028.
Growing demand for medical imaging devices, an increase in the number of healthcare players, and an increase in the number of CAD firms are all contributing to the expansion of the European image analysis software market. Firms operating in the Middle East and Africa now provide advanced technology solutions for digital identity verification, business client onboarding, data validation, fraud detection, and more as a result of the region's growing image analysis software industry. Many countries in the SAM region have received international recognition for their achievements in the healthcare sector, which has increased demand for image analysis software
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The Asia Pacific image analysis software market is rapidly expanding. Governments focusing on population management also influence investment in such technology, and the desire for more innovative solutions has caused an increase in R&D spending in Asia Pacific. The growth of the Asia Pacific image analysis software market has been fueled by strengthening economies and rising concerns about personal healthcare.
The image analysis software market is divided into deployment type, image dimension, industry vertical, and geography segments. The image analysis software market is divided into cloud-based and on-premises deployment types. The on-premises segment led the market and held a larger market share in 2021. The image analysis software market is divided into three categories based on image dimension: 2D, 3D, and 4D. The 2D segment led the market and held the largest market share in 2021. The image analysis software market is classified into healthcare and life science, manufacturing, academia, minerals, metals, and oil, and others. The image analysis software market is divided into North America, Europe, Asia Pacific (APAC), the Middle East, and Africa (MEA),
Bio-Rad Laboratories, Inc., Olympus Corporation, PerkinElmer, Inc., Leica Microsystems GmbH, and Carl Zeiss AG are the top five market players. The above list of key players was compiled by taking into account a variety of factors such as overall revenue, current image analysis software portfolio, new product launches, market initiatives, technology investment, mergers and acquisitions, and other joint activities.
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