Oncology Imaging Software Market size was over USD 4.24 billion in 2024 and is poised to exceed USD 8.93 billion by 2037, witnessing over 5.9% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of oncology imaging software is evaluated at USD 4.44 billion.
The increasing prevalence of cancer worldwide will propel the market of oncology imaging software by the end of 2037. For instance, in 2022, there were a calculated 20 million advanced cancer cases and 9.7 million passings. The analyzed number of individuals who were lively inside 5 a long time taking after a cancer persistence was 53.5 million. Roughly 1 in 5 individuals create cancer in their lifetime, around 1 in 9 men and 1 in 12 ladies kick the bucket from the infection. The global WHO study on UHC and cancer shows that as it were 39% of partaking nations secured the essentials of cancer administration as a part of their financed center well-being administrations for all citizens, 'health advantage packages' (HBP).
Another reason that will propel the market of oncology imaging software by the end of 2037 is the increasing demand for early diagnosis and customized therapy. As cancer cases are becoming prevalent, there remains a pressing need for early diagnosis to get treated efficiently. To illustrate the truth that, in Britain, over 90% of cancers are recognized exterior the three national screening programs (for cervical, breast, and bowel cancers) accentuate the importance of showcasing expeditiously imperative care with possible cancer indications. The importance of symptomatic introduction is emphasized by the developing eagerness for campaigns to progress open mindfulness of the early signs of cancer. Their discoveries furthermore have necessary suggestions for health-care specialists since provoking referral and examination of potential cancer indications post-presentation is another step in guaranteeing opportune determination. Inquire about appears that universal variety exists within the status to explore or allude to auxiliary care for suspected cancer indications, and nations where healthcare experts illustrate more prominent availability watch the most noteworthy cancer survival rates.
Growth Drivers
Challenges
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
5.9% |
Base Year Market Size (2024) |
USD 4.24 billion |
Forecast Year Market Size (2037) |
USD 8.93 billion |
Regional Scope |
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Type (CT, MRI, MRA)
The MRA segment will grow the most by the forecast period and will hold almost 58% of the oncology imaging software market because of its extensive use in diagnosing cancer worldwide. An MRA employments a solid attractive field and radio waves to make pictures. The supplier can notice these pictures on a computer. Not at all such as an X-ray, an MRA doesn't implement radiation. It gets information from your body's vitality in an attractive field. A few imaging tests, such as ultrasounds and magnetic reverberation imaging (MRI), don't utilize radiation. In case a person has a test that employs radiation, such as X-rays and computed tomography (CT), then the specialists utilize the least measurements of radiation conceivable to still provide us with very high-quality pictures. Specialists utilize imaging tests to assist in discovering and diagnosing disease, suggest medications, and screen how well it reacts to treatment Thus, this segment will grow massively in the oncology imaging software market.
Immunodeficiency Disorders (Chronic infections, Cancer, Organ Transplantation)
The cancer segment will have superior growth during the forecast period and will hold around 40% of the revenue share of the oncology imaging software market owing to the increasing prevalence of cancer cases and cancer biomarkers worldwide. There were an evaluated 18.1 million cancer cases around the world in 2020. Of these, 9.3 million cases were in men and 8.8 million in ladies. With this developing global burden, dodging cancer is one of the chief remarkable open well-being challenges of the 21st century. Our Cancer Avoidance Suggestions pull together as a usual manner of living powerfully to evade cancer through transforming dietary designs, reducing liquor implementation, broadening physical action, and achieving and sustaining sound body weight. Thus, the cancer segment will grow immensely in the oncology imaging software market.
Our in-depth analysis of the global market includes the following segments:
Active |
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Immunodeficiency Disorders |
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Application |
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Distribution Channel |
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North American Market Statistics
The oncology imaging software market in the North America region will have the biggest growth during the forecast period with a revenue share of around 41%. This growth will be noticed owing to the increasing demand for oncology imaging software in this region. Progresses in two-dimensional parallel imaging enhancement, compressed sensing undersampling, and concurrent multislice acquirement recently enabled clinically accessible fourfold to eightfold enhancement of musculoskeletal MRI on 1.5-T and 3.0-T scanners. Thus, the oncology imaging software market in the North American region will have the biggest share of market revenue.
European Market Analysis
The oncology imaging software market in the Europe region will also encounter huge growth during the forecast period and will hold the second position owing to the rising investment in medicated imaging tools by the big key players. For instance, in July 2022, Siemens Healthineers launched its latest mobile X-ray system, Mobilett Impact. The latest system is pocket-friendly and accompanies full digital unification, combining the advantages of mobile X-ray imaging at a patient’s bedside. Multiple groundbreaking technologies have also been denoted by top contenders in the medical imaging business domain to match the increasing requirement for X-ray imaging results for efficient medical diagnosis. Thus, in the European region, the market for oncology imaging software will expand massively.
Author Credits: Radhika Pawar
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