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Medical Image Analysis Software Market Qualitative Analysis of The Leading Players and Competitive Industry Scenario 2029 |The Transition to 3D Imaging, And the Use of AI All Present Opportunities for Sector Growth

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Luton, Bedfordshire, United Kingdom, Aug. 22, 2022 (GLOBE NEWSWIRE) — Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Medical Image Analysis Software Market.

Medical Image Analysis Software Market: Exactitude Consultancy

Medical Image Analysis Software Market will exhibit a CAGR of 8.15 % in the forecast period of 2022 to 2029 and is expected to reach USD 6.45 billion by 2029.

The market is anticipated to expand as a result of an increase in demand for Medical Image Analysis Software Market in industries including dentistry, orthopaedics, urology, neurology, and cancer. The need is anticipated to increase as ultrasonic imaging devices are used more frequently to enable quicker diagnosis, particularly of chronic disorders. Additionally, it is projected that ongoing advancements in imaging technologies, such as computer-aided diagnosis (CAD), would increase demand for these systems. Medical imaging market dynamics have evolved in recent years as a result of the advent of artificial intelligence (AI), and this is expected to continue in the near future.

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The benefits of adopting this kind of software include improved image quality, high image resolution, and platforms for multimodal imaging that are favoured by doctors. Additionally, by employing such software for medical reasons, it makes it easier for hospitals and doctors to share medical picture records, which speeds up diagnosis and helps with decision-making. These are the main forces behind the global Medical Image Analysis Software Market.

North America Accounted for the Largest Share in the Global Medical Image Analysis Software Market

North America holds a major share in the Medical Image Analysis Software Market. It is expected to show a similar trend over the forecast period.

The United States is one of the largest Medical Image Analysis Software Market. There are regular updates in the new imaging software since newer companies are providing solutions that provide easy image post-processing and optimization with tools to filter. Companies are now offering imaging analysis software combined with enhanced visualization software.

One of the key reasons projected to fuel market expansion in this region is the rising prevalence of various cardiac disorders. Hospitals and diagnostic imaging facilities need sophisticated software to better assess patient conditions as a result of the rise in imaging operations.

Recent Developments

  • In March 2022, Koninklijke Philips N.V. (Netherlands) launched Cloud-enabled Enterprise Imaging Informatics and Analytics Solutions, namely, HealthSuite Interoperability and Enterprise Performance Analytics – PerformanceBridge, to meet diverse workflow needs across the imaging enterprise.
  • In February 2022, IBM (US) acquired Neudesic, LLC (US) which was aimed at expanding IBM’s portfolio of hybrid multi-cloud services and further advancing the company’s hybrid cloud and AI strategy.
  • In February 2022, Siemens Healthineers (Germany) collaborated with Universal Medical Imaging (US) to help primary healthcare institutions in China improve the efficiency of their image screening and disease diagnosis using advanced imaging diagnostic equipment and remote scanning assistant tools from Siemens Healthineers and nationwide medical imaging experts at Universal Medical Imaging.
  • In January 2022, IBM (US) acquired ENVIZI (Australia) which was aimed at building on IBM’s growing investments in AI-powered software.
Report Attribute Details
Revenue forecast in 2029 USD 6.45 billion
Growth rate CAGR of 8.15% from 2022 to 2029
Base year for estimation 2021
Historical data 2017 – 2021
Forecast period 2022 – 2029
Quantitative units Revenue in USD million and CAGR from 2022 to 2029
Report coverage Revenue forecast, company share, competitive landscape, growth factors, and trends
Segments covered Software type, modality, imaging type, application, end use, region
Regional scope North America; Europe; Asia Pacific; Latin America; MEA
Country Scope U.S.; Canada; Germany; U.K.; France; Italy; Spain; Russia; Japan; China; India; South Korea; Australia; Brazil; Mexico; Argentina; South Africa; Saudi Arabia; UAE
Key companies profiled AGFA Healthcare, AQUILAB, Carestream Health, Inc., Esaote S.p.A, GE Healthcare, Image Analysis, INFINITT Healthcare Co, Ltd., Merge Healthcare, Inc., MIM Software Inc., Mirada Medical Limited, Philips Healthcare, Toshiba Medical Systems Corporation
Pricing and purchase options Avail customized purchase options to meet your exact research needs. Explore Inquire for Discount options


Medical Image Analysis Software Market Players

The global Medical Image Analysis Software Market key players include AGFA Healthcare, AQUILAB, Carestream Health, Inc., Esaote S.p.A, GE Healthcare, Image Analysis, INFINITT Healthcare Co, Ltd., Merge Healthcare, Inc., MIM Software Inc., Mirada Medical Limited, Philips Healthcare, Toshiba Medical Systems Corporation and others.

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Key Market Segments: Behavioural/Mental Health Software Market

Behavioural/Mental Health Software Market by Component, 2022-2029, (USD Million)

  • Services
  • Software

Behavioural/Mental Health Software Market by Delivery, 2022-2029, (USD Million)

  • Subscription
  • Ownership

Behavioural/Mental Health Software Market by Functionality, 2022-2029, (USD Million)

  • Clinical
  • HER
  • CDS
  • Telehealth
  • RCM
  • BI
  • Administrative
  • Financial

Behavioural/Mental Health Software Market by End User, 2022-2029, (USD Million)

  • Hospitals
  • Clinics

Medical Image Analysis Software Market Trends

Due to technological developments and the growing usage of X-rays for diagnostic purposes, X-ray imaging, a widely utilised imaging modality, is anticipated to rise in the future.

Treatment and patient data management are greatly improved with the development and introduction of medical X-ray image analysis software. The market is expected to develop as a result of the ease with which the data may be transferred between medical professionals or researchers at distant locales. The programme also minimises the need for training and saves money and time.

Medical Image Analysis Software Market Dynamics

Technology advancements in medical imaging systems and analytic software are key drivers of the Medical Image Analysis Software Market expansion. Additionally, growing private and public-sector investments in the medical imaging market boost product demand and present a wealth of chances for Medical Image Analysis Software Market participants to build their businesses. Additionally, the increased usage of imaging technology brought on by the rise in chronic disease prevalence fuels market expansion. Budgetary restrictions, though, are probably going to slow market expansion.

Modality Insights

The adoption of radiography x-ray systems has grown throughout time as a result of its early introduction. Due to the use of x-rays in radiography, there is a risk of extended exposure to dangerous radiation. The advantages of radiography, however, outweigh the dangers these techniques bring by a wide margin. Over the projection period, the segment is anticipated to grow at a constant CAGR. Due to advantages like rapid analysis and precision, the Medical Image Analysis Software Market is predicted to experience the fastest CAGR throughout the forecast years. Ultrasound imaging is also non-invasive and does not expose patients to ionising radiation. This is a key element influencing the segment’s growth.

Medical Image Analysis Software Market Report Highlights

  • The Medical Image Analysis Software Market is expected to witness the fastest CAGR over the forecast period due to the increased application scope of image analysis software in cancer diagnostics.
  • The hospitals end-use segment held the largest revenue share in 2021 owing to the high product adoption in the diagnosis of various diseases.
  • Asia Pacific is expected to showcase the fastest CAGR during the forecast years owing to the unmet clinical needs.
  • The global Medical Image Analysis Software Market is highly fragmented and companies witness fierce competition as the industry is technology-driven.
  • Strategies implemented by key players include collaborative agreements, new product launches, and geographical expansions.

Browse More Information Technology & Telecommunication Market Reports by Exactitude Consultancy

Digital Pathology Market

Digital pathology is a branch of pathology that focuses on data management which is based on information that is generated from digitized specimen slides. Digital pathology utilizes virtual microscopy with the help of computer-based technology.

https://exactitudeconsultancy.com/reports/7876/digital-pathology-market

Advanced Visualization Market

Advanced visualization is a new diagnostic method that provides a visualization platform to the user, resulting in improved imaging and imaging functionality. The data collected is adaptable to the needs of the physicians, resulting in improved comprehension and health-care delivery.

https://exactitudeconsultancy.com/reports/7715/advanced-visualization-market/

Surgical Instrument Tracking System Market

A surgical instrument tracking system provides users with the exact cycle counts completed by an instrument and, in fact, can prevent further use once the maximum number of cycles has been reached. This eliminates the need for user discretion and manual cycle counts, making the process safer for patients.

https://exactitudeconsultancy.com/reports/6841/surgical-instrument-tracking-system-market

Behavioural/Mental Health Software Market

Behavioural/mental health software is comparable to medical practise management software in that it helps people avoid losing their minds. Due to the integrated characteristics of EHR software, LIMS software, medical billing software, and pharmacy management software, the behavioural/mental health software market is predicted to increase significantly throughout the forecast period.

https://exactitudeconsultancy.com/reports/6648/behavioural-mental-health-software-market/


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Supermicro’s Rack Scale Liquid-Cooled Solutions with the Industry’s Latest Accelerators Target AI and HPC Convergence

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Complete Data Center Liquid-Cooled Solutions Enable AI Factories to be Constructed at Unprecedented Speeds Using the Latest Dense GPU Servers Equipped with the Highest-Performing CPUs and GPUs
SAN JOSE, Calif. and HAMBURG, Germany, May 13, 2024 /PRNewswire/ — International Supercomputing Conference (ISC) — Supermicro, Inc. (NASDAQ: SMCI), a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, is addressing the most demanding requirements from customers who want to expand their AI and HPC capacities while reducing data center power requirements. Supermicro delivers complete liquid-cooled solutions, including cold plates, CDUs, CDMs, and entire cooling towers. A significant reduction in the PUE of a data center is quickly realized with data center liquid-cooled servers and infrastructure, and this can reduce overall power consumption in the data center by up to 40%.

“Supermicro continues to work with our AI and HPC customers to bring the latest technology, including total liquid cooling solutions, into their data centers,” said Charles Liang, president and CEO of Supermicro. “Our complete liquid cooling solutions can handle up to 100 kW per rack, which reduces the TCO in data centers and allows for denser AI and HPC computing. Our building block architecture allows us to bring the latest GPUs and accelerators to market, and with our trusted suppliers, we continue to bring new rack-scale solutions to the market that ship to customers with a reduced time to delivery.”
Supermicro application-optimized high-performance servers are designed to accommodate the most performant CPUs and GPUs for simulation, data analytics, and machine learning. The Supermicro 4U 8-GPU liquid-cooled server is in a class by itself, delivering petaflops of AI computing power in a dense form factor with the NVIDIA H100/H200 HGX GPUs. Supermicro will soon ship liquid-cooled Supermicro X14 SuperBlade in 8U and 6U configurations, the rackmount X14 Hyper, and the Supermicro X14 BigTwin. Several HPC-optimized server platforms will support the Intel Xeon 6900 with P-cores in a compact, multi-node form factor.
Learn more about how Supermicro Rack Scale Integration Services enable you to reduce costs and optimize your data center: https://www.supermicro.com/en/solutions/rack-integration 
In addition, Supermicro continues its leadership shipping the broadest portfolio of liquid cooled MGX Products in the industry.. Supermicro also confirms its support for delivering the latest accelerators from Intel with its new Intel® Gaudi® 3 accelerator and AMD’s MI300X accelerators. With up to 120 nodes per rack with the Supermicro SuperBlade®, large-scale HPC applications can be executed in just a few racks. Supermicro will display a wide range of servers at the International Supercomputing Conference, including Supermicro X14 systems incorporating the Intel® Xeon® 6 processors.
Supermicro will also showcase and demonstrate a wide range of solutions designed specifically for HPC and AI environments at ISC 2024. The new 4U 8-GPU liquid-cooled servers with NVIDIA HGX H100 and H200 GPUs highlight the Supermicro lineup. These servers and others will support the NVIDIA B200 HGX GPUs when available. New systems with high-end GPUs accelerate AI training and HPC simulation by bringing more data closer to the GPU than previous generations by using high-speed HBM3 memory. With the incredible density of the 4U liquid-cooled servers, a single rack delivers (8 servers x 8 GPUs x 1979 Tflops FP16 (with sparsity) = 126+ petaflops.  The Supermicro SYS-421GE-TNHR2-LCC can use dual 4th or 5th Gen Intel Xeon processors, and the AS -4125GS-TNHR2-LCC is available with dual 4th Gen AMD EPYC™ CPUs.
The new AS -8125GS-TNMR2 server gives users access to 8 AMD Instinct™ MI300X accelerators. This system also includes dual AMD EPYC™ 9004 Series Processors with up to 128 cores/256 threads and up to 6TB memory. Each AMD Instinct MI300X accelerator contains 192GB of HBM3 memory per GPU, all connected with an AMD Universal Base Board (UBB 2.0). Moreover, the new AS -2145GH-TNMR-LCC and AS -4145GH-TNMR APU servers are targeted to accelerate HPC workloads with the MI300A APU. Each APU combines high-performance AMD CPU, GPU, and HBM3 memory for 912 AMD CDNA™ 3 GPU compute units, 96 “Zen 4” cores, and 512GB of unified HBM3 memory in a single system.
At ISC 2024, a Supermicro 8U server with the Intel Gaudi 3 AI Accelerator will be shown. This new system is designed for AI training & Inferencing and can be directly networked with a traditional Ethernet fabric. Twenty-four 200 gigabit (Gb) Ethernet ports are integrated into every Intel Gaudi 3 accelerator, providing flexible and open-standard networking. In addition, 128GB of HBM2e high-speed memory is included. The Intel Gaudi 3 accelerator is designed to scale up and scale out efficiently from a single node to thousands to meet the expansive requirements of GenAI models. Supermicro’s Petascale storage systems, which are critical for large-scale HPC and AI workloads, will also be displayed.
The Supermicro SuperCloud Composer will be demonstrated for the data center management software, showing how, from a single console, an entire data center can be monitored and managed, including the status of all liquid-cooled servers.
Learn more about Supermicro’s presence at ISC 2024 at: https://app.swapcard.com/event/isc-high-performance-2024/exhibitor/RXhoaWJpdG9yXzE1NjYyODE=?
About Super Micro Computer, Inc.
Supermicro (NASDAQ: SMCI) is a global leader in Application-Optimized Total IT Solutions. Founded and operating in San Jose, California, Supermicro is committed to delivering first to market innovation for Enterprise, Cloud, AI, and 5G Telco/Edge IT Infrastructure. We are a Total IT Solutions manufacturer with server, AI, storage, IoT, switch systems, software, and support services. Supermicro’s motherboard, power, and chassis design expertise further enable our development and production, enabling next generation innovation from cloud to edge for our global customers. Our products are designed and manufactured in-house (in the US, Taiwan, and the Netherlands), leveraging global operations for scale and efficiency and optimized to improve TCO and reduce environmental impact (Green Computing). The award-winning portfolio of Server Building Block Solutions® allows customers to optimize for their exact workload and application by selecting from a broad family of systems built from our flexible and reusable building blocks that support a comprehensive set of form factors, processors, memory, GPUs, storage, networking, power, and cooling solutions (air-conditioned, free air cooling or liquid cooling).
Supermicro, Server Building Block Solutions, and We Keep IT Green are trademarks and/or registered trademarks of Super Micro Computer, Inc.
All other brands, names, and trademarks are the property of their respective owners.
SMCI-F
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The Future of AI in Retail Banking Operations

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LONDON, May 13, 2024 /PRNewswire/ — Artificial intelligence (AI) has emerged as a key focus for retail banking operations in recent months. Auriemma Group’s latest series of roundtables tackled the ever-growing space, discussing current usage of AI solutions and how members plan to utilize AI to further enhance their offerings.

“There’s a significant amount of interest in AI across all operational areas,” says Nicole Toussaint, Senior Manager of Industry Roundtables at Auriemma. “Although we’re seeing some hesitation in deploying it, I expect we’ll see some big moves by industry players over the coming months.”
Across all operational areas, firms are hoping to leverage AI to assist front-line employees with navigating their knowledge management systems. This would hopefully improve the accuracy of agent work and help to reduce lengthy training periods. Additionally, firms are considering using the tool enterprise-wide to produce meeting minutes and to assist in communications drafting.
In the Collections and Recoveries space, firms hope to use the tool in their contact strategies. Roundtable members believe that AI can make their contact more effective by creating more bespoke strategies. The technology can help firms decide the optimal time to contact customers, the most effective channel to make contact, and the most engaging messaging and content to use.
Fraud Departments see an opportunity to use AI to improve their current fraud detection models to identify bad actors and fraudulent payments more quickly. Several firms have already partnered with vendors who provide AI-powered fraud mitigation tools.
On the Servicing side, firms are discussing improvements to their chatbot offerings. Currently, many chatbots are FAQ-based, but firms believe that AI can revolutionise the chatbot experience and improve satisfaction scores in the channel.
“We see a clear opportunity to leverage AI to provide dynamic call scripting to front-line agents,” says Toussant. “This would take some of the pressure off agents when servicing and allow banks to provide a more tailored, well-informed customer experience.”
In the Disputes and Chargebacks space, one firm is already using an AI-integrated optical character resolution (OCR) tool to read customer documents provided as proof in a disputes case. Many firms hope to use AI to gain efficiencies in the disputes process. They believe that the tool can help guide agent decisions as they work cases by pulling in bank, scheme, and regulatory policies.
Similarly, in the Complaints space, members see an opportunity for AI to help complaints agents while investigating. AI can not only analyse the materials provided by the complainant but also bring in insights from previously decisioned cases and Financial Ombudsman (FOS) decisions. In this process, the technology can also guide the agent in classifying the complaint type. Some also noted that AI could potentially assist agents with drafting final response letters.
This topic is expected to become an evergreen topic at Auriemma Roundtable meetings, especially as firms identify new use cases and as Auriemma brings in experts from the field to drive further thought leadership.
The next set of roundtable meetings are scheduled for June and July at the Edwardian Hotel in Manchester. If you or any of your colleagues are interested in attending as our guests, please contact us via [email protected].
About Auriemma Group
For 40 years, Auriemma’s mission has been to empower clients with authoritative data and actionable insights. Our team comprises recognised experts in four primary areas: operational effectiveness, consumer research, co-brand partnerships and corporate finance. Our business intelligence and advisory services give clients access to the data, expertise and tools they need to navigate an increasingly complex environment and maximise their performance. Auriemma serves the consumer financial services ecosystem from our offices in London and New York City. For more information, visit us at www.auriemma.group.

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MSI Highlights Optimized AI Platforms to Accelerate Compute-Intensive Applications at ISC 2024

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HAMBURG, Germany, May 13, 2024 /PRNewswire/ — MSI, a leading global server provider, brings its latest server platforms powered by AMD processors and 5th Gen Intel® Xeon® Scalable processors, optimized for HPC and AI markets at ISC 2024, booth #F39 in Hamburg, Germany from May 13-15.

“As businesses increasingly adopt AI applications to improve customer experiences, the need for greater computing power and denser deployments has spurred significant shifts in IT infrastructure, driving a widespread adoption of liquid cooling,” said Danny Hsu, General Manager of Enterprise Platform Solutions. “MSI’s AI server platforms empower businesses to achieve efficiency gains while handling more compute-intensive workloads.”
Diverse GPU Platforms to Enhance Performance for AI Workloads
MSI G4201 is a 4U supercomputer designed for exceptional performance in compute-intensive tasks. It features up to eight double-wide PCIe 5.0 x16 slots optimized for high-performance GPU cards, alongside one single-wide PCIe 5.0 x16 expansion slot. Each GPU has a full PCIe 4.0 or 5.0 x16 link directly to the root port complex of a CPU socket without going through a PCIe switch, granting maximum CPU-to-GPU bandwidth. Powered by dual 5th Gen Intel Xeon Scalable Processors and equipped with 32 DDR5 DIMMs, the G4201 platform delivers outstanding heterogeneous computing capabilities for various GPU-based scientific high-performance computing, Generative AI, and inference applications. Additionally, the system includes twelve 3.5-inch drive bays for enhanced functionality.
The G4101 is a 4U 4GPU server platform designed for AI training workloads. It supports a single AMD EPYC™ 9004 Series processor equipped with a liquid cooling module, along with twelve DDR5 RDIMM slots. Additionally, it features four PCIe 5.0 x16 slots tailored for triple-slot graphic cards with coolers, ensuring increased airflow and sustained performance. With twelve front 2.5-inch U.2 NVMe/SATA drive bays, it offers high-speed and flexible storage options, catering to the diverse needs of AI workloads. The G4101 combines air flow spacing and liquid closed-loop cooling, making it the optimal thermal management solution for even the most demanding tasks.
For small-sized businesses, the liquid-cooled S1102-02 server offers an ideal solution, providing superior thermal performance while optimizing costs. Equipped with a single AMD Ryzen™ 7000 Series processor with liquid cooling support of up to 170W, the system features four DDR5 DIMM slots, one PCIe 4.0 slot, two 10GbE onboard Ethernet ports, and four 3.5-inch SATA hot-swappable drive bays in a compact 1U configuration.
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