London, UK - April 07, 2011 -- Research conducted by Technavio reveals, that the global medical image processing market is expected to grow at a CAGR of 8 percent. The report, which focuses on the Americas, EMEA and APAC indicates, that the market is currently driven by the strong demand from the APAC region.
The APAC region is proving to be the most promising market for the growth of the medical image processing industry. This growing demand is driven by a large patient population especially in China and India. Further, increasing demand from the medical tourism segment in certain countries such as Singapore and Malaysia is also driving the market, reports Technavio analyst.
In spite of the need, challenges in managing large volumes of data hinder the growth of this market. However, with mobile medical imaging equipment expected to replace high-end static models, the market is expected to grow.
The global medical image processing market is marked by shift in demand to middle and lower end equipment in APAC. This makes the study an important one for companies to fully understand the potential in the market and formulate its own strategy.
The report, Global Medical Image Processing Market 2010-2014 is based on an extensive research from inputs by industry experts, vendors and end-users. It examines the factors- including the key trends, drivers and challenges, impacting the evolution of this market. Further, it contains an in-depth understanding of the key vendors including their SWOT Analysis.
Companies mentioned in this report include: Siemens Healthcare, GE Healthcare, Philips Healthcare, Toshiba Medical System Corp, Hitachi Medical Corp and Shimadzu Medical Systems.
For more information about this report, please visit http://technavio.com/content/global-medical-image-processing-market-2010-2014 or email email@example.com
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