DUBLIN--(BUSINESS WIRE)--The "North America Advanced Visualization (AV) Market (2018-2023)" report has been added to ResearchAndMarkets.com's offering.
The North American AV market is expected to reach USD billion by 2023 with a compound annual growth rate (CAGR) of 11.6% during 2018-2023.
Technological advancements in AV software is a major driving force in
the US. This includes the development and integration of picture
archiving and communication system (PACS) and AV solution, hybrid
imaging and image fusion technology and big data analytics which
automates how data will be displayed to the end users and others.
In the U.S., the geriatric population grew for more than 15% of the
total population of the country and would be more than double by 2060.
An older population implies higher need for healthcare treatment and
would give a boost to this market.
In December 2017, Conemaugh Memorial Medical Center invested in a new
PET/CT technology which is beneficial for the patients as it provides
high-quality images with half the radiation required and in half the
time. High demand for PET in North America is owing to the rising
incidence of cancer and higher technological advancements.
The growth of the market is hindered by a few challenges. Even with the
help of the government, the cost of completely upgrading the already
existing systems into the AV systems is very high. Due to various
financial constraints faced by hospitals, it would take a lot of time
before they can completely convert into AV.
With the involvement of information technology (IT) in AV, a lot of data
will be generated, which would include private information about the
patients. Thus, data security will become a major challenge in the long
run. In the US, healthcare industry itself amounted to 43% of all major
data breaches in 2013.
The key competitors in the North America AV market are Toshiba
Corporation, Ziosoft, Koninklijke Philips N.V., Afga-Gevaert, Conmed and
others.
The market is divided into three primary segments based on the
product type, solution and imaging modality:
- Based on the product type, the market is segmented into hardware and software and services.
- Based on solution, the market is divided into enterprise-wide thin client-based solution and standalone workstation-based solution.
- Based on imaging modality, the market is classified into magnetic resonance imaging (MRI), positron emission tomography (PET), computer tomography (CT), ultrasound and x-ray.
Companies Profiled
- Toshiba Corporation
- General Electric Company
- Terarecon Inc.
- Siemens AG
- Koninklijke Philips N.V
- Fujifilm Holdings Corporation
- Agfa-Gevaert Group
- Pro Medicus
- Conmed
- Ziosoft
For more information about this report visit https://www.researchandmarkets.com/research/ts98mf/the_north?w=4
