Advanced visualization systems are medical instruments that are equipped with advanced software that displays the numerous aspects of a living cell efficiently. These systems decrease the turnaround time taken by clinicians to report the result to the patient.
These systems are widely utilized in pathological laboratories for various clinical applications.
The factors that drive the global advanced visualization market are technological advancements in advanced visualization technology & software, increasing prevalence of chronic diseases, rising geriatric population, need for efficient and early diagnosis, and increasing awareness of benefits offered by advanced visualization tools in disease diagnosis.
However, limited reimbursements for radiology-based diagnostic procedures and technological limitations associated with existing advanced visualization systems restrain the market growth. Conversely, growth opportunities in emerging economies of Asia-Pacific and LAMEA are expected to provide numerous opportunities for market growth during the forecast period.
The report segments the market based on products and services, solution, imaging modality, application, end-user, and geography. Based on products and services, the market is bifurcated into hardware & software and services.
On the basis of solution, it is categorized into enterprise-wide thin client-based solutions, and standalone workstation-based solutions. Based on imaging modality, the market is divided into magnetic resonance imaging (MRI), computed tomography (CT), positron emission tomography (PET), ultrasound, radiotherapy (RT), and nuclear imaging.
Advanced visualization finds its applications in radiology/interventional radiology, cardiology, orthopedics, oncology, vascular, neurology, and other clinical applications.
Based on end-user, the market is divided into hospitals and surgical centers, imaging centers, academic and research centers, and other end-users (such as pharmaceutical/biotechnology companies and CROs). Geographically, the market is analyzed across North America (U.S., Canada, and Mexico); Europe (Germany, France, Italy, UK, Spain, and rest of Europe); Asia-Pacific (China, Japan, Australia, India, South Korea, and rest of Asia-Pacific); and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).
The major companies profiled in the report include General Electric Company, Koninklijke Philips N.V., Siemens AG, Fujifilm Holdings Corporation, and Toshiba Corporation, among others.
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