31 May
2022
Medical imaging informatics, also known as imaging informatics and radiology informatics, involves the application of information and communication technologies to transfer medical images throughout the healthcare systems. The main aim of medical imaging informatics is to improve efficiency, accuracy, and reliability of services within the medical enterprise.
The three essential trends in medical imaging technology are 3D imaging, artificial intelligence, and block chain technology. Computed tomography scans and MRIs are exceptionally advanced imaging methods that provide the complete scan of the internal organ of the patient. In the future, medical technicians, with the help of special imaging eyewear, is expected to interact with the 3D scans to identify more informative data about an organ, a tumor, or a part of the body. Cloud based block chain technology, at the same time, has enhanced the storage of data and availability of information regarding the patient history.
Furthermore, AI in medical imaging is facilitating the health center by providing an automated diagnosis process and a thorough understanding of life-threatening diseases such as heart diseases, cancer, and others. Artificial intelligence is now being used to segment sections of the heart on MRI. With the help of AI technology, healthcare experts can also examine abnormalities in the retina of the eye.
According to a report published by Allied Market Research, the medical imaging informatics market size is projected to reach $4.8 billion with a considerable CAGR from 2021 to 2030. Certain factors such as high prevalence of chronic diseases, rise in number of diagnostic imaging procedures, reduction in cost of storage platforms, and advancements in healthcare ecosystem have boosted the growth of the market in more than one way.
However, the outbreak of the COVID-19 pandemic led to have a negative impact on the growth of the global medical imaging informatics market. The implementation of global lockdown led to force many medical imaging informatics companies to halt business operations, especially in the initial period. Temporary closure of operations directly impacted the revenue flow of the global medical imaging informatics market. Also, companies faced a lot of challenges such as unavailability of raw materials, supply chain disruptions, lack of skilled labor force, and so on.
Get a Detailed Insight on Medical Imaging Informatics Market
Nevertheless, the market has already started to recover as the key market players are focusing on R&D activities as well as launching new products to stay competitive in the market. For instance, a company named Esaote SpA developed an ultrasound system that can provide access to specific clinical solutions such as liver stiffness quantification, micro-vascularization assessment, and zero click left ventricle functional analysis. With this drift on board, the global medical imaging informatics market is getting lucrative opportunities to gather exponential growth in the near future
Koyel Ghosh
Authors Bio- Koyel Ghosh is a blogger with a strong passion and enjoys writing in miscellaneous domains, as she believes it lets her explore a wide variety of niches. She has an innate interest in creativity and enjoys experimenting with different writing styles. A writer who never stops imagining, she has been serving the corporate industry for the last five years.
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