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Worldwide Treatment Planning Systems and Advanced Image Processing Industry to 2028 – Real-time Monitoring and Tracking of Cancer Progression Presents Opportunities

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Dublin, Oct. 07, 2021 (GLOBE NEWSWIRE) — The “Global Treatment Planning Systems And Advanced Image Processing Market Size, Share & Trends Analysis Report by Component, by Technique, by Application (Adaptive Radiotherapy, Dose Accumulation), by Region, and Segment Forecasts, 2021-2028” report has been added to ResearchAndMarkets.com’s offering.

The global treatment planning systems and advanced image processing market size is expected to reach USD 3.0 billion by 2028. The market is expected to expand at a CAGR of 7.8% from 2021 to 2028. The increasing prevalence of cancer and rising product development pertaining to cancer research undertaken by key players are driving the market growth. According to estimates published by GLOBOCAN in 2020, 19.3 million new cancer cases were diagnosed and 10.0million cancer-related mortalities recorded.

As per the WHO, cancer is the leading cause of death globally and claims one in every six lives. According to Novartis, there are more than 200 types of cancers prevalent in the world and each requires a unique diagnosis and line of treatment. The growing cancer burden is expected to boost the demand for advanced oncology therapies with accurate and efficient results, thereby aiding the market growth.

Moreover, the oncology space is witnessing innovations and investments by market leaders to develop novel technologies that possess the potential to alter the treatment regime drastically. Advancements in healthcare infrastructure and the unraveling of opportunities in emerging markets are contributing to growth. Governments around the world are promoting public-private collaboration to accelerate product development.

Recent developments in the field of imaging technology have found wide-scale adoption in treatment planning, treatment simulation, and image guidance in radiotherapy processes. For instance, in January 2021, OncoLens raised USD 7.3 million in a Series A funding round. Additionally, General Atlantic invested around USD 200.0 million for launching OneOncology, a company designed for helping community oncology practices with technical data, innovation, and research. Furthermore, Purdue Pharma L.P is investing in its oncology R&D to diversify scientific research in high unmet medical need areas and thereby establishing a potential portfolio of delivering new cancer therapies to patients over the forthcoming years.

Furthermore, Artificial Intelligence (AI) and Machine Learning (ML) are witnessing increased adoption in oncology software systems to improve diagnosis, treatment plan, simulation, and management. The amalgamation of AI/ML has significantly improved diagnosis and imaging segments of oncology care. One such highlight of these deep learning algorithms was detecting skin cancer based on skin photographs.

AI used in cancer screening and detection further aids in treatment planning processes and prevents collateral tissue/organ damage. For instance, the American College of Radiology founded the Data Science Institute to promote collaboration amongst radiologists, private and public agencies to adopt and develop Ai-based imaging solutions. Similarly, the American Society of Clinical Oncology and American Society for Radiation Oncology initiated CancerLinQ and the National Institute of Health founded Big Data to Knowledge initiative. Additionally, the increase in investments in AI for oncology is contributing to market development and growth.

Treatment Planning Systems And Advanced Image Processing Market Report Highlights

  • The market is anticipated to witness significant growth over the forecast period owing to the increasing prevalence of cancer and rising investments in oncology
  • Treatment planning software dominated the treatment planning systems and advanced image processing component segment in 2020, owing to increased demand for accurate and precise treatment options
  • Validation of image registration application dominated the market in 2020 owing to an increasing need of forming real-time image datasets from multi-modalities and anatomical atlases
  • North America dominated the market in 2020 owing to the presence of sophisticated healthcare infrastructure and cancer research institutes coupled with high healthcare expenditures

Key Topics Covered:

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Treatment Planning Systems and Advanced Image Processing Market Variables, Trends & Scope
3.1 Market Segmentation & Scope
3.2 Market Driver Analysis
3.2.1 increasing prevalence of cancer
3.2.2 increasing investments and strategic initiatives in radiology and oncology
3.2.3 Increasing number of radiotherapy centers and hospitals adopting technologically advanced radiotherapy machines and software
3.2.4 rising adoption of ai/ml in oncology software
3.3 Market Restraint Analysis
3.3.1 shortage of healthcare personnel in information technology and radiology sector
3.3.2 capital intensive market
3.4 Market Challenge Analysis
3.4.1 cybersecurity and privacy concerns
3.5 Market Opportunity Analysis
3.5.1 real-time monitoring and tracking of cancer progression
3.6 Penetration & Growth Prospect Mapping
3.7 Impact of COVID – 19 on Treatment Planning Systems and Advanced Image Processing Market
3.8 Major Deals and Strategic Alliances
3.8.1 joint ventures
3.8.2 mergers and acquisitions
3.8.3 licensing and partnerships
3.8.4 technology collaborations
3.9 Treatment Planning Systems and Advanced Image Processing Market – SWOT Analysis, by Factor (Political & legal, Economic and Technological)
3.10 Industry Analysis – Porter’s

Chapter 4 Treatment Planning Systems and Advanced Image Processing Market: Component Estimates & Trend Analysis
4.1 Treatment Planning Systems and Advanced Image Processing Market: Component Movement Analysis, 2020 & 2028 (USD Million)
4.2 Advanced Image Processing Software
4.2.1 revenue estimates and forecasts for advanced image processing software, 2016 – 2028 (USD Million)
4.3 Treatment Planning Software
4.3.1 Revenue estimates and forecasts for treatment planning software, 2016 – 2028 (USD Million)
4.3.2 Auto-contouring software
4.3.2.1 Revenue estimates and forecasts for auto-contouring software, 2016 – 2028 (USD Million)
4.3.3 Multi-modality software
4.3.3.1 Revenue estimates and forecasts for multi-modality software, 2016 – 2028 (USD Million)
4.3.4 PET/CT deformable software
4.3.4.1 Revenue estimates and forecasts for pet/ct deformable software, 2016 – 2028 (USD Million)
4.3.5 Dicom-rt software
4.3.5.1 Revenue estimates and forecasts for dicom-rt software, 2016 – 2028 (USD Million)

Chapter 5 Treatment Planning Systems and Advanced Image Processing Market: Technique Estimates & Trend Analysis
5.1 Treatment Planning Systems and Advanced Image Processing Market: Technique Movement Analysis, 2020 & 2028 (USD Million)
5.2 3D Image Reconstruction
5.2.1 revenue estimates and forecasts for 3d image reconstruction, 2016 – 2028 (USD Million)
5.3 In-Room Imaging
5.3.1 Revenue estimates and forecasts for in-room imaging, 2016 – 2028 (USD Million)
5.4 Image Registration using Graphics Processor Unit (GPU)
5.4.1 Revenue estimates and forecasts for Image Registration Using GPU, 2016 – 2028 (USD Million)

Chapter 6 Treatment Planning Systems and Advanced Image Processing Market: Application Estimates & Trend Analysis
6.1 Treatment Planning Systems and Advanced Image Processing Market: Application Movement Analysis, 2020 & 2028 (USD Million)
6.2 Adaptive Radiotherapy
6.2.1 revenue estimates and forecasts for adaptive radiotherapy, 2016 – 2028 (USD Million)
6.3 Online Monitoring
6.3.1 Revenue estimates and forecasts for Online Monitoring, 2016 – 2028 (USD Million)
6.4 Tracking
6.4.1 Revenue estimates and forecasts for Tracking, 2016 – 2028 (USD Million)
6.5 Dose Accumulation
6.5.1 Revenue estimates and forecasts for Dose Accumulation, 2016 – 2028 (USD Million)
6.6 Validation of Image Registration
6.6.1 Revenue estimates and forecasts for validation of image registration, 2016 – 2028 (USD Million)

Chapter 7 Treatment Planning Systems and Advanced Image Processing Market: Regional Estimates & Trend Analysis, By Component, By Technique and By Application

Chapter 8 Competitive Analysis
8.1 Recent Developments & Impact Analysis, by Key Market Participants
8.2 Company/Competition Categorization (Key Innovators, Market Leaders, Emerging Players)
8.3 Company Market Position Analysis
8.4 List of Key Emerging Companies

Chapter 9 Competitive Landscape
9.1 Company Profiles
9.1.1 Accuray Incorporated
9.1.1.1 Company overview
9.1.1.2 Financial performance
9.1.1.3 product benchmarking
9.1.1.4 Strategic initiatives
9.1.2 Elekta AB
9.1.2.1 Company overview
9.1.2.2 Financial performance
9.1.2.3 product benchmarking
9.1.2.4 Strategic initiatives
9.1.3 MIM Software, Inc.
9.1.3.1 Company overview
9.1.3.2 Financial performance
9.1.3.3 product benchmarking
9.1.4 ViewRay Technologies, Inc.
9.1.4.1 Company overview
9.1.4.2 Financial performance
9.1.4.3 product benchmarking
9.1.4.4 Strategic initiatives
9.1.5 DOSIsoft SA.
9.1.5.1 Company overview
9.1.5.2 Financial performance
9.1.5.3 product benchmarking
9.1.5.4 Strategic initiatives
9.1.6 Prowess, Inc.
9.1.6.1 Company overview
9.1.6.2 Financial performance
9.1.6.3 product benchmarking
9.1.7 Brainlab
9.1.7.1 Company overview
9.1.7.2 Financial performance
9.1.7.3 product benchmarking
9.1.7.4 Strategic initiatives
9.1.8 Varian Medical Systems, Inc.
9.1.8.1 Company overview
9.1.8.2 Financial performance
9.1.8.3 product benchmarking
9.1.8.4 Strategic initiatives
9.1.9 RaySearch Laboratories
9.1.9.1 Company overview
9.1.9.2 Financial performance
9.1.9.3 product benchmarking
9.1.9.4 Strategic initiatives
9.1.10 Koninklijke PHILIPS N.V.
9.1.10.1 Company overview
9.1.10.2 Financial performance
9.1.10.3 product benchmarking
9.1.10.4 Strategic initiatives

For more information about this report visit https://www.researchandmarkets.com/r/3gf92x


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Artificial Intelligence

Lucinity Appoints Udi Nessimyan as President and Chief Revenue Officer

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REYKJAVIK, Iceland, April 24, 2024 /PRNewswire/ — Lucinity , a leader in generative AI for financial institutions, is thrilled to announce the appointment of Udi Nessimyan as its new President and Chief Revenue Officer. Udi brings to the role a wealth of experience from his time in AI development at some of the world’s most prestigious tech companies, including Sealed.ai, Oracle, and Amazon Web Services.

Gudmundur Kristjansson, Founder and CEO of Lucinity, expressed his enthusiasm about Udi’s appointment, stating, “Udi’s proven track record of driving growth and innovation aligns perfectly with our core mission at Lucinity. His strategic acumen and deep industry knowledge are invaluable as we continue to develop and deliver AI solutions that enhance the efficiency and effectiveness of our clients’ operations.”
Udi’s career highlights include co-founding and leading Sealed.ai as CEO, where he spearheaded the development of a cutting-edge conversational AI platform that redefined standards in business communication. At Basis Technology, he was instrumental in driving sales and operational strategies for their flagship products, including Rosette and various Cyber Forensics tools, achieving an annual recurring revenue growth rate exceeding 30%.
In his new role, Udi will focus on refining Lucinity’s approach to marketing, sales, and customer onboarding. His expertise will be crucial in ensuring that Lucinity’s innovative AI solutions are effectively communicated and reach the right audiences, thereby maximizing their impact and facilitating the adoption of the technology.
“Udi’s involvement is vital as we strive to make our AI tools more intuitive and impactful,” said Kristjansson. “His insights and leadership will enhance our ability to deliver these technologies efficiently and effectively, aligning them closely with customer needs and industry demands.”
Under Udi’s leadership, Lucinity is set to deepen its commitment to unleashing human efficiency with AI, expanding the reach and impact of its mission to create AI that makes people better at what they do.
Lucinity thanks its partners and stakeholders for their continued support and interest as it embarks on this exciting new chapter.
About Lucinity:
Lucinity is a leader in generative AI technologies for financial institutions, designed to accelerate workforce efficiency. Its platform features Luci, an AI copilot that enhances intelligence gathering, analysis, and decision-making, allowing institutions to streamline operations and reduce costs. As an open, configurable, no-code platform, Lucinity is a crucial tool for enhancing productivity and operational efficiency in the financial sector.
Media Contact
Celina PabloSenior Marketing [email protected] +354 792 4321
Logo: https://mma.prnewswire.com/media/2208676/4669079/Lucinity_Logo.jpg

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Artificial Intelligence

Resolutions at ASSA ABLOY AB’s Annual General Meeting 24 April 2024

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STOCKHOLM, April 24, 2024 /PRNewswire/ — The Annual General Meeting of ASSA ABLOY AB was held on Wednesday 24 April 2024 in Stockholm, Sweden.

Adoption of income statements and balance sheets and discharge from liability
The Annual General Meeting adopted the parent company’s and the Group’s income statements and balance sheets for the financial year 2023. The members of the Board of Directors and the CEO were discharged from liability for the financial year 2023.
Dividend 
The Annual General Meeting approved the dividend of SEK 5.40 per share proposed by the Board of Directors, to be paid out in two equal installments, the first with the record date Friday 26 April 2024 and the second with the record date Monday 11 November 2024. The first installment is estimated to be paid on Thursday 2 May 2024 and the second installment on Thursday 14 November 2024.
Election of the Board of Directors and auditor
The Annual General Meeting re-elected Johan Hjertonsson, Carl Douglas, Erik Ekudden, Sofia Schörling Högberg, Lena Olving, Victoria Van Camp, Joakim Weidemanis and Susanne Pahlén Åklundh as members of the Board of Directors. Johan Hjertonsson was re-elected as Chairman of the Board of Directors and Carl Douglas was re-elected as Vice Chairman.
The Annual General Meeting re-elected the audit firm Ernst & Young AB as auditor for the time period until the end of the Annual General Meeting 2025.
Remuneration to the Board of Directors and the auditor
The remuneration to the Board of Directors will totally amount to SEK 9,945,000 (excluding remuneration for committee work). Auditor fees shall be paid according to contract.
Resolution on approval of remuneration report
The Annual General Meeting resolved, in accordance with the Board of Directors’ previously published proposal, to approve the Board’s remuneration report.
Resolution regarding authorization to repurchase and transfer Series B shares in the company
The Annual General Meeting resolved, in accordance with the Board of Directors’ previously published proposal, to authorize the Board of Directors to, on one or more occasions, repurchase Series B shares in the company for the period up until the Annual General Meeting 2025. The repurchase shall maximum comprise so many Series B shares that the company’s holding does not at any time exceed 10 per cent of the total number of shares in the company.
Resolution regarding long-term incentive program
The Annual General Meeting resolved, in accordance with the Board of Directors’ previously published proposal, to implement a long-term incentive program for senior executives and key employees within the ASSA ABLOY Group (“LTI 2024”).
Minutes from the Meeting including complete resolutions will be available on the company’s website assaabloy.com/general-meeting.
For more information, please contact:Nico Delvaux, President and CEO, tel. no: +46 8 506 485 82Erik Pieder, CFO and Executive Vice President, tel. no: +46 8 506 485 72Björn Tibell, Head of Investor Relations, tel. no: +46 70 275 67 68
About ASSA ABLOY
The ASSA ABLOY Group is the global leader in access solutions. The Group operates worldwide with 61,000 employees and sales of SEK 141 billion. The Group has leading positions in areas such as efficient door openings, trusted identities and entrance automation. ASSA ABLOY’s innovations enable safe, secure and convenient access to physical and digital places. Every day, we help billions of people experience a more open world. 
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/assa-abloy/r/resolutions-at-assa-abloy-ab-s-annual-general-meeting-24-april-2024,c3966574
The following files are available for download:
https://mb.cision.com/Main/7333/3966574/2754153.pdf
Press release (PDF)
 

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GSTS selected by Canada-US Seaways to provide Enhanced Analytics and Voyage Information System Predictability with OCIANA®

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HALIFAX, NS, April 24, 2024 /PRNewswire/ — Global Spatial Technology Solutions (“GSTS” or “the Company”) announced that it has been awarded a contract for a Voyage Information System (VIS) by St. Lawrence Seaway Management Corporation (SLSMC) and Great Lakes St. Lawrence Seaway (GLS) to enhance joint management of bi-national waterways.

GSTS will provide predictions for VIS through OCIANA®, its proprietary, AI powered SaaS platform. OCIANA® is a cyber-secure and scalable system which has been developed in collaboration with, and is used by, ports, shipping lines, pilotage authorities, civil agencies and border security organisations.
At the heart of OCIANA’s offering is robust, predictive data analytics, powered by novel AI algorithms. OCIANA’s data integration framework will assimilate critical information from the Seaway Traffic Management System and GSTS data streams into a predictability model to accurately forecast vessel ETAs, thus providing improved management of voyages and eventually optimizing lockage schedules.
OCIANA® is a flexible platform designed to incorporate the intricate Locks System Rules, ensuring that all vessel movements adhere to safety and operational guidelines. While focusing on a specific segment of the St. Lawrence, vessel management is impacted by dynamic events stretching from the Atlantic approaches to the Great Lakes. The dynamic Lock Schedule Engine leverages various inputs, employing advanced algorithms to manage vessel traffic and schedule lockage, thus enhancing throughput and reducing delays. Through this innovation, OCIANA® will be well positioned to offer superior optimization capability to all major waterways.
“This project will demonstrate OCIANA’s capability to provide unparalleled planning and optimization in a highly dynamic environment impacted by multiple geographic, operational and environmental factors,” said Richard Kolacz, Chief Executive Officer, GSTS. “This award continues to illustrate the versatility of OCIANA® in facilitating enhancements to maritime safety, security and supply chain resilience globally.”
The Great Lakes Seaway system serves as a key supply chain, moving $66B in goods and supporting 356,000 jobs. Optimizing the flow of goods, in a highly dynamic marine trade environment, is crucial to the economies of Canada and the United States.
OCIANA® is configured to adapt to the evolving demands of maritime traffic management, with provisions for incorporating additional data sources and enhancing the Predictability Engine with emerging technologies such as weather machine learning models. GSTS continues to expand its offering to maritime and logistics stakeholders further enhancing its leading position in maritime digitalization and innovation.
About Global Spatial Technology Solutions (GSTS)Global Spatial Technology Solutions (GSTS) is a global maritime intelligence company delivering solutions to enhance decision making across the maritime and logistics industry. Our predictive solutions are enabled by a range of operational, environmental, vessel and cargo data to provide real-time decision making intelligence for ports, terminal operators, shipping lines, logistics companies, importers, exporters, national and international agencies as well as security organisations.
For more information and to explore opportunities to partner with us, contact us today.
Media Contacts: Danica Martis, GSTS, Email: [email protected]

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