This Report Provides In-Depth Analysis of the Advanced Visualization Market Report Prepared by P&S Intelligence, Segmented by Offering (Hardware and Software, Services), Solution Type (Enterprise-Wide Thin Client-Based, Standalone Workstation-Based), Modality (Magnetic Resonance Imaging, Computed Tomography, Ultrasound, Radiotherapy, Nuclear Medicine), Application (Radiology/Interventional Radiology, Cardiology, Orthopedics, Oncology, Vascular, Neurology), End User (Hospitals, Imaging Centers), and Geographical Outlook for the Period of 2019 to 2032
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Advanced Visualization Market Future Prospects
The global advanced visualization market size stood at USD 3.9 billion in 2024, which is expected to reach USD 8.8 billion by 2032, advancing at a CAGR of 10.9% during 2025–2032. This is primarily attributed to the technological advancements in such solutions and increasing awareness about their benefits. In addition, the rising demand for accurate and early diagnoses, especially for chronic diseases, is another factor expected to aid the domain growth during the forecast period.
Lately, there have been many technological innovations in the healthcare sector. Specifically, those in radiology have significantly revolutionized the existing clinical practice, by allowing for the development of technologically modernized diagnostic imaging systems. For instance, MRI improvements have led to an enhanced image quality and development of hybrid MRI machines with advanced visualization, which help overcome the limitations of conventional modalities.
Similarly, the developments in the 3D and 4D ultrasound technology have offered capabilities ranging from a better assessment of congenital birth defects to dynamic and multi-planar views of the fetal heart. For instance, the 4D ultrasound technique allows for the live-motion viewing of a baby’s organs and heartbeat. This increases the compliance for these solutions globally and drives the growth in their adoption.
The growing health awareness and shift toward preventive healthcare have led to a rise in the demand for efficient and early diagnoses. Thus, the use of diagnostic imaging has increased due to the growing awareness about the utilities of these modalities for the diagnosis and treatment of various diseases. Essentially, the transformation in diagnostic procedures has revolutionized the overall healthcare system.
Advanced Visualization Market Trends and Growth Drivers
Precision Medicine Is Biggest Market Trend
One of the biggest trends in the market is precision medicine, wherein individual patient anatomies and genomes are studied to offer better treatment plans.
As per studies, owing to the increasing awareness of the role of individual genomes and anatomies on disease progression and therapy efficacy, the global spending on precision medicine could cross USD 740 million by 2030.
Advanced visualization tools in radiological and nuclear medicine equipment integrate with genomic data of the patient to enhance images, detect anomalies better, and suggest the best course of action.
These tools can also work with the historical data of patients with similar diseases and genomes, to enable population health management.
Moreover, the integration of AR and VR tools in medical imaging equipment makes diagnoses even better, thus enabling higher patient survival rates.
Apart from aiding in better diagnoses, these tools also help medical professionals simulate complex interventional procedures for higher safety and efficacy.
Increase in Chronic Disease Incidence Drives Market
These modernized tools essentially offer several advantages in analyzing complex chronic disorders that involve anatomical changes in the body.
They can analyze and characterize the respiration-induced motion of the human body and also provide information on the actual shape of the anatomical objects in motion, reduce structural distortion, and identify the dynamic range of motion, to help make radiotherapy planning more specific.
Mammography, MRI, and CT with AV technologies can project and determine the size and depth of specific tumors in the body.
As per the Journal of the American Medical Association, 35.3 million cancer cases are expected to be detected un 2050 around the world, compared to 20 million in 2022. Similarly, the disease is expected to claim 18.5 million human lives by mid-century, compared to 9.7 million in 2022.
Similarly, the volume of cardiac CTs is growing with the rising incidence of congenital heart disease.
As per an article, this condition causes 28% of all congenital birth defects in India each year.
Similarly, coronary artery disease is responsible for over 16% of the annual mortality.
CT angiography is widely done to assess the flow of blood to the heart via the coronary arteries and look for blockage.
Moreover, PET-CTs are widely performed to assess the damage to the heart muscle following a myocardial infarction, by visualizing scar tissue.
In the same way, to look for signs of congestive heart failure, the ejection fraction is evaluated with a multi-gated acquisition (MUGA) scan.
Another key medical subspecialty where advanced visualization, especially PET, is vital is neurology. Neurodegenerative diseases, including Parkinson’s, Huntington’s, and Alzheimer’s, are majorly diagnosed and staged using PET scans.
The 2019 Global Burden of Disease study predicted the worldwide Alzheimer’s disease prevalence to rise to 152.8 million in 2050 from 57.4 million in 2019.
High Costs and Lack of Skilled Professionals Hamper Market Growth
The growth of the advanced visualization market is hampered by the high cost of such procedures.
Digital X-rays, 3D/4D ultrasound, high-slice CTs, high-Tesla MRIs, as well as nuclear medicine procedures (PET/SPECT) are already expensive, and those performed via advanced visualization can be even more financially bothersome for the general population.
In many developing countries, the guidelines for medical insurance reimbursements are still not clear, which is why most patients depend on conventional radiological imaging.
Further, even in countries where medical imaging with advanced visualization is affordable, mainly due to standardized medical reimbursement rules, a lack of skilled professionals hampers the market growth to some extent.
The Association of American Medical Colleges (AAMC) has predicted a shortage of 122,000 radiologists in the U.S. by 2032, thus highlighting the challenges that await this market.
The fact that medical imaging with advanced visualization will require further training on enhanced protocols would worsen this situation.
Advanced Visualization Market Analysis
Offering Analysis
The hardware & software category accounted for the larger advanced visualization market share in 2024, of 70%. This is primarily attributable to the growing demand for AV products for the accurate and early diagnosis of chronic diseases, which are now enabled by the technological innovations in radiology. In addition, in the recent few years, there has been a surge in the adoption of these systems in diagnostic centers as well as hospitals for better workflow efficiency. Furthermore, hardware & software can be integrated with picture archiving and communication systems for even-smoother operations.
The PACS technology is used to communicate diagnostic results across healthcare organizations. It is being connected with other enterprise systems, including electronic medical records and health information systems, to improve patient care. Most PACS developers are now integrating AV software into their systems to offer cutting-edge post-processing solutions for a specific application, often in collaboration with independent software vendors.
This model allows suppliers to provide affordable solutions and improve healthcare organizations’ workflow efficiency. Additionally, it allows radiology departments to make the most of their PACS workstation investments and prevent the delays caused by relaunching applications or losing data while moving images across servers. Therefore, it is expected that the incorporation of the AV technology into PACS will further boost AV software requirements in the coming years.
Services are the faster-growing category as this technology is complicated to install and use, which is why users require extensive training and consulting. This is also why such specialized equipment will require regular maintenance by OEMs and CROs.
Further, the increasing availability of advanced visualization software on the cloud drives the popularity of subscription-based services.
These offerings have been analyzed:
Hardware and Software (Larger Category)
Services (Faster-Growing Category)
Implementation
Post-sale and maintenance
Consulting/optimization
Training and education
Solution Type Analysis
The standalone-workstation-based category is the larger as these solutions are known for their high performance. Thus, they are used for complex tasks, such as 3D rendering, surgical simulations, and complicated imaging. These solutions also enable better regulatory compliance, which is vital for the healthcare sector. Additionally, they are compatible with the existing IT infrastructure of healthcare centers and can be easily customized.
The enterprise-wide thin-client-based bifurcation is expected to register the higher CAGR, of 12%, in the forecast period, primarily attributed to the growing demand for visualization products in medium-sized and large hospitals. In addition, the various advantages offered by them, such as a higher data storage capacity, multi-user interface, centralized post-processing solutions, and streamlined analysis, is making these variants popular.
Enterprise-wide thin cloud-based solutions are centered on a server–client design, which incorporates the data on the server side, instead of each platform. It is a multi-user interface, which helps in facilitating communication between different departments in a hospital, such as the radiology departments, intensive care units, and physician offices.
The report offers analysis on the following solution types:
The magnetic resonance imaging category garnered the largest market size in 2024, and it is also the fastest-growing category. MRI is a non-invasive technique that produces detailed anatomical images of the organs and other structures in the human body. It is mainly used for the detection of tumors, internal bleeding, and infections and for treatment monitoring. An MRI can be done for the blood vessels, abdomen and pelvis, head, chest, bones and joints, and spine. It employs a magnetic field and pulses of radiofrequency current to make anatomical images and does not involve the use of the damaging ionizing radiation. Enabled by the extensive R&D, advanced MRI visualization helps in the assessment of both the anatomical and physiological characteristics of diseases and conditions.
The below-mentioned modalities are part of the research scope:
Magnetic Resonance Imaging (Largest and Fastest-Growing Category)
Computed Tomography
Ultrasound
Radiotherapy
Nuclear Medicine
Others
Application Analysis
Radiology/interventional radiology accounted for the largest market share in 2024. This is on account of the surging adoption of server-based AV programs, shifting inclination toward process automation, and digitalization of the instruments used in the radiology department. Modern radiography tools enable a quick assessment of the morphology and physiology of the tissues and organs and present quantitative analysis, thus leading to their application in multiple clinical areas.
Oncology will witness the highest CAGR, of 11.5%, over the forecast period. This is due to the growing cancer burden and the criticality of CTs, bone scans, MRIs, PET scans, X-ray, and ultrasound in diagnosing it. Based on the complexity or location of the tumors, more than one modality or combinations thereof, such as PET/CT or PET/MRI, may be required. The growing popularity of targeted therapies and personalized medicine also drive the market in this category.
Hospitals accounted for the highest advanced visualization market revenue in 2024, due to the surge in the incidence of respiratory, cardiovascular, and neurological diseases. In most cases, hospitals offer diagnoses, screening, medication, consultation, surgical procedures, and post-operative therapy all in one place. This makes it simpler for patients and lowers the treatment duration and, in some cases, the expenditure as well.
Imaging centers are predicted to witness the highest CAGR during the forecast period owing to the surging number of imaging centers in developing countries. Numerous small-scale healthcare facilities in such regions lack sophisticated diagnostic equipment, including MRI and CT scanners. As a result, patients get tested at diagnostic centers.
The segment is categorized as follows:
Hospitals (Largest Category)
Imaging Centers (Fastest-Growing Category)
Others
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Advanced Visualization Market Geographical Outlook
North America led the market in 2024 with a market share of 40%, driven by the increasing prevalence of chronic diseases, including cardiovascular diseases, cancer, and other neurological disorders, and the growing aging population in the region. Furthermore, the U.S. government spends a significant portion of its GDP on healthcare. As the healthcare expenditure increases, the adoption of such advanced solutions will also rise.
The market growth due to the increasing prevalence of cardiovascular diseases and a developed reimbursement structure for diagnostic procedures. Moreover, these systems possess the capability to reduce medical expenses and enhance outcomes. The U.S. is expected to hold the major share throughout the forecast period on account of the increasing focus on value-based care in the country.
APAC will record the highest CAGR, of 13%, during the forecast period, attributed to the rising incidence of chronic diseases, growing geriatric population, and a vast unmet need for effective diagnoses. India, China, and Japan rank first, second, and fourth worldwide in terms of the geriatric population. Moreover, their governments are increasingly spending to improve the healthcare infrastructure, which will drive the integration of advanced visualization tools in medical imaging equipment.
Brazil (Largest and Fastest-Growing Country Market)
Mexico
Rest of LATAM
Middle East and Africa (MEA)
Saudi Arabia (Largest Country Market)
South Africa
U.A.E. (Fastest-Growing Country Market)
Rest of MEA
Advanced Visualization Market Share
The market is fragmented as a range of existing and new medical imaging technologies exist. Moreover, depending on the actual application, various kinds of advanced visualization software is needed. This offers opportunities to large, multinational corporations with comprehensive portfolios, as well as innovative startups catering to specific applications. Another reason for the market fragmentation is that it includes the entire spectrum of advanced visualization solutions, viz., imaging systems, software, and associated services. Hence, while a few major companies hold sway in imaging systems, numerous software vendors and independent service providers exist.
Major Companies in Advanced Visualization Market:
GE HealthCare Technologies Inc.
Siemens Healthineers
Canon Inc.
Koninklijke Philips N.V.
Fujifilm Holdings Corporation
Agfa-Gevaert N.V.
Carestream Health Inc.
Ziosoft
Visage Imaging Inc.
Shenzhen Mindray Bio-Medical Electronics Co. Ltd.
Olympus Corporation
Pro Medicus Ltd.
Advanced Visualization Market News
In December 2024, GE HealthCare Technologies Inc. added three new advanced image reconstruction solutions powered by deep learning to its Recon DL portfolio.
In December 2024, Siemens Healthineers acquired Novartis A.G.’s molecular imaging business, which will be renamed Advanced Accelerator Applications. The acquired business adds to Siemens Healthineers 13 production sites for PET radiopharmaceuticals in France, Portugal, Spain, Germany, and Italy, as well as distribution capabilities in Switzerland.
In December 2024, Koninklijke Philips N.V. advanced its partnership with Sim&Cure by integrating the latter’s Sim&Sizesoftware into its Azurion image-guided therapy platform.
In November 2024, Canon Inc. and Penn Medicine entered into a research collaboration to advance the applications of photon-counting CT. This move comes after Canon installed its photon-counting CT scanner at Hospital of the University of Pennsylvania.
Frequently Asked Questions About This Report
What is the advanced visualization market revenue forecast for 2032?+
In 2032, the revenue of the market for advanced visualization solutions will be USD 8.8 billion.
What is the advanced visualization industry competition analysis?+
The advanced visualization industry is fragmented.
Which modality dominates the advanced visualization market?+
MRI is the largest modality in the market for advanced visualization solutions.
What are the key advanced visualization industry growth drivers?+
The advanced visualization industry is driven by the technological advancements in radiology and rising incidence of chronic diseases.
What is the fastest-growing advanced visualization market by region?+
APAC is the fastest-growing market for advanced visualization solutions.
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