Global Cardiac Imaging Software Market Size By Imaging Modalities (Computed Tomography, Magnetic Resonance), By End-User (Hospital And Clinics, Diagnostic Centers), By Application (Diagnostic Imaging, Image Guided Treatment), By Geographic Scope And Forecast

Cardiac Imaging Software Market Size And Forecast

Cardiac Imaging Software Market size was valued at USD 504.13 Million in 2024 and is projected to reach USD 906.81 Million by 2031, growing at a CAGR of 8.40% from 2024 to 2031.

The global Cardiac Imaging Software Market is predicted to develop due to technical improvements in imaging equipment, an older population, and an increase in heart procedures. The Global Cardiac Imaging Software Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Cardiac Imaging Software Market Definition

Cardiovascular diseases (CVD) are the leading causes of hospitalization and death in many developed countries. It is still the biggest cause of death around the globe. A physician must do cardiovascular imaging tests to identify heart problems and manage any cardiac disease that develops. Cardiovascular imaging (CV imaging) allows radiologists to look inside the body and depicts the heart’s anatomy in exquisite detail. The physician can identify a patient’s cardiac or vascular disease by understanding blood flow throughout the body.

Cardiac imaging software is used to diagnose cardiac issues using CT scans, MRIs, and angiography, among other methods. The increasing prevalence and rising healthcare expenditures for cardiovascular disease, growth in the elderly population, technological advancements, the increasing use of modalities such as CT, PET, and others for cardiac imaging, rise in the underlying causes of cardiovascular diseases, and market players’ development strategies all contribute to the growth of the global Cardiac Imaging Software Market. However, the lack of standardization and restricted use, as well as the hazards involved with cardiac imaging methods, are limiting market expansion.

Global Cardiac Imaging Software Market Overview

The rising prevalence of cardiovascular diseases (CVD) is one of the primary reasons for hospitalization worldwide. According to WHO, CVDs are the leading cause of mortality worldwide, claiming an estimated 18 million lives each year. As a result of the increased frequency of cardiovascular disorders, there is a greater need for cardiac imaging software to identify heart-related issues using MRI, CT scan, angiography, radioactive chemicals, and other types of radiant light. Furthermore, factors such as an increase in the older population, technological improvements, and increased use of cardiac imaging modalities such as CT, PET, and others, a Rise in underlying causes of cardiovascular disease, and market participants’ development plans of these factors are projected to benefit the worldwide Cardiac Imaging Software Market.

The high cost is mostly due to the high expense of contemporary technology, the extensive use of diagnostic tests, and pharmacological and medical therapies. In the United States, imaging expenses surpass USD 100 billion each year. Cardiovascular imaging (CVI) accounts for 29 percent of the total imaging burden and at least one-third of the several billion medical imaging exams conducted worldwide each year. Furthermore, this was ascribed in part to proprietary software products and their built-in interoperability with other software and hardware providers. Furthermore, there is a lack of uniformity across providers. This makes multi-site, population-based research challenging to conduct, as data may be acquired from gear produced by various suppliers. This is projected to slow the global Cardiac Imaging Software Market’s growth.

Global Cardiac Imaging Software Market Segmentation Analysis

The Global Cardiac Imaging Software Market is Segmented on the basis of Imaging Modalities, End-User, Application, and Geography.

Cardiac Imaging Software Market, By Imaging Modalities

• Computed Tomography
• Magnetic Resonance
• Ultrasound Imaging
• X-Ray Imaging
• Combined Modalities

Based on Imaging Modalities, the market is segmented into Computed Tomography, Magnetic Resonance, Ultrasound Imaging, X-Ray Imaging, and Combined Modalities. The computed tomography sector is predicted to increase at a healthy rate over the projection period because it is more efficient than conventional X-rays at delivering doses of cancer-damaging radiation.

Cardiac Imaging Software Market, By End-User

• Hospital & Clinics
• Diagnostic Centers
• Others

Based on End-User, the market is segmented into Hospitals & Clinics, Diagnostic Centers, and Others. The market has seen a dramatic surge in the number of patients suffering from cardiovascular illnesses such as coronary heart disease, heart attacks, strokes, congenital heart disease, and others during the previous few years. The number of hospitals worldwide is steadily rising as the number of patients increases. By end-user, hospitals and clinics dominate the worldwide Cardiac Imaging Software Market. This share is mostly due to an increase in the number of individuals being monitored for a heart condition.

Cardiac Imaging Software Market, By Application

• Diagnostic Imaging
• Image Guided Treatment
• Patient Monitoring

Based on Application, the market is segmented into Diagnostic Imaging, Image Guided, and Patient Monitoring.

Cardiac Imaging Software Market, By Geography

• North America
• Europe
•  Asia Pacific
• Rest of the world

On the basis of Geography, the Global Cardiac Imaging Software Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America Americas accounted for the majority of the global market because of the high prevalence of cardiovascular diseases, technological advancements, high disposable income, a growing older population, and a favorable regulatory environment. The rise in the frequency of heart diseases is linked to North America’s dominance.

Key Players

The “Global Cardiac Imaging Software Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as Shimadzu Corporation, Koninklijke Philips NV, Siemens AG, Canon Inc., Agfa-Gevaert Group, General Electric, Circle Cardiovascular, Fujifilm Holdings Corporation, Symphony Innovation, LLC, and Pie Medical Imaging.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

Key Developments

• In June 2021, Circle Cardiovascular Imaging Inc. (Canada) formed an alliance with DiA Imaging Analysis (Israel). This collaboration will provide clients with all-in-one complete Ai-based cardiovascular imaging solutions, as well as new potential in multi-modality imaging solutions for physicians, patients, and hospitals globally. Circle’s cardiac imaging offering will be strengthened by DiA’s FDA-cleared and CE-marked LVivo Toolbox, a series of breakthrough AI-based cardiac ultrasound products.
• In June 2021, GE Healthcare (US) partnered with the American College of Cardiology (US) to develop artificial intelligence and digital health technology in cardiology.
• In March 2021, TeraRecon, one of the top healthcare imaging AI technology businesses, has been acquired by Symphony Innovation, LLC (US). Symphony AI Group has begun its new range of healthcare AI solutions centered on medical imaging with this purchase.

Report Scope

Research Methodology of Market Research

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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