Cardiac imaging is a diagnostic test useful in evaluating heart related diseases. Various types of imaging modalities include computed tomography (CT), magnetic resonance imaging (MRI), ultrasound, radiographic imaging and nuclear medicine imaging with SPECT or PET. The cardiac imaging sector has developed significantly in complexity and clinical utility from the past two decades. It provides improved resolution and comprehensive details of heart’s functioning for effective diagnosis. The software can show the supporting and useful changes in the heart that can be additionally considered and analyzed to understand any future and present possible outcomes of heart conditions. 

CARDIAC IMAGING SOFTWARE MARKET DYNAMICS

Medical imaging is an important aspect of the diagnostic process. From ultrasounds to MRIs to CT scans, radiologists require and use medical imaging to accurately detect and treat diseases. Doctors also use medical imaging technologies to identify whether a particular therapy has been effective in patients.

Over the years, the expertise of medical imaging has outwardly improved. With continuous research and technological advancements, several developments in medical imaging technology can be observed. This progress is important in offering more precise diagnoses and enhancing patient care. Combing these advancements with the power of IT and digital growth also results in greater procedural efficiency in the provision and execution of patient care. The use of 3D (and potentially even 4D) technologies in diagnostic radiology has the knack to generate better images, for powerful results. Though ultrasounds are very popular in the medical field, they are limited by the inability to obtain high-resolution, detailed images. Using 3D technology, it is possible to improve ultrasound resolution, and enhance patient care. Hence, technological advancements in medical imaging systems is one of the factor driving the growth of the cardiac imaging software market. 

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COVID 19 IMPACT ON CARDIAC IMAGING SOFTWARE MARKET 

During the COVID-19 pandemic, the use of cardiovascular computed tomography angiography test has witnessed a sudden increase in demand. Owing to the pandemic, a change in the use of particular cardiac imaging modalities have been seen. Computed tomography angiography can possibly be used as an alternative to invasive coronary angiography for the diagnosis of acute coronary syndrome, this would help prevent spreading of COVID-19 in the catheterisation lab. Additionally, cardiac magnetic resonance imaging or computed tomography scans can also be used as option to transesophageal echocardiography (TOE) because of surged risk of contamination of personnel and equipment with TOE. Also, if TOE is indicated in a patient with COVID-19, it may be possible to perform a focussed cardiac ultrasound study as an alternative. Thus factors such as rising complications of heart related diseases owing to COVID-19 and increasing use of cardiac imaging modalities such as MRI and CT scan are the factors expected to have a positive impact on the growth of cardiac imaging software market.

CARDIAC IMAGING SOFTWARE MARKET SEGMENTAL OVERVIEW

The report analyses the Cardiac Imaging Software market based on imaging modalities, end user and geography

CARDIAC IMAGING SOFTWARE MARKET BY IMAGING MODALITIES 

Various modalities covered under imaging modalities are tomography, ultrasound imaging, radiography imaging and combined modalities. Tomography segment accounted for the majority of the market share in 2020 and is projected to maintain its dominance during the estimated time frame. Major growth factors such as growing popularity of cardiac imaging techniques such as computed tomography, magnetic resonance imaging, positron emission tomography and single-photon emission computed tomography and increasing number of benefits and applications provided by these techniques and related software solutions are attributed to the healthy growth of the market. In addition, rising adoption of tomography machines such as CT scanners, MRI machines, and PET scanners and thus increased demand for software tools required to perform image analysis is expected to improve growth of the market during the projection period. 

CARDIAC IMAGING SOFTWARE MARKET BY END USER

The Cardiac Imaging Software market has its major end user in hospitals, diagnostic centers, research centers and others (ambulatory surgical centers and clinics). Hospital is anticipated to be the major end user dominating the global cardiac imaging software market owing to increasing cardiac patient inflow in the hospital for diagnosis and treatment. Besides the cardiac imaging software has been gaining major attention from hospitals due to its precise imaging quality and advanced features of software.

CARDIAC IMAGING SOFTWARE MARKET BY GEOGRAPHY 

The cardiac imaging software market is segmented into North America, Europe, Asia-Pacific, and the rest of the world. The North American region is the dominant market. High incidence/prevalence of heart disease, large number of imaging centers in the region, ongoing research contribute to the growth of the cardiac imaging software market.

APAC is expected to witness significant growth during the forecast period as it consists of major developing countries, such as China, Japan, and India, and there is considerable scope for development for most of the industries. The region is also the fastest-growing market for cardiac imaging software. The growth of the market in the region is due to the presence of emerging countries, and their high economic growth rate, the rise in population, and the adoption of high-end medical technology.

CARDIAC IMAGING SOFTWARE MARKET KEY PLAYERS

Some of the vital players operating in this market include Agfa-Gevaert Group, Canon Inc, CardioComm Solutions Inc., Circle Cardiovascular Imaging Inc., eMedica, S.L, Fujifilm Holdings Corporation, GE Healthcare, MEDIS Medical Imaging Systems, Pie Medical Imaging, Positron Corporation, Shimadzu Corporation, and Siemens Healthcare.

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