Report Ocean introduces a fresh report examining the ‘Asia-Pacific Advanced Visualization (AV) Market’, encompassing its size, share, growth, industry trends, and forecast up to 2032. This comprehensive analysis delves into various industry components and growth patterns that offer valuable insights for anticipating the market’s future trajectory.
Advanced visualization (AV) systems are medical instruments, equipped with advanced software that display the numerous aspects of living cells efficiently. They are new-generation data visualization platforms that help end users to view data in depth by providing enhanced image quality. These help specialists by providing a better understanding of various clinical issues, thus, leading to faster and higher quality healthcare. It is widely utilized in most pathological laboratories as well. They also help in targeted drug therapy, ultimately reducing the cost of the procedure. The Asia-Pacific AV market is expected to reach USD Bn by 2023 with a compound annual growth rate (CAGR) of 13.44% during 2018-2023.
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The market is divided into three primary segments based on the types of product, solution and imaging modality.
- Based on the types of product, the market is segmented into hardware and software and services.
- Based on solution, the market is segmented into enterprise-wide thin client-based solution and standalone workstation-based solution.
- Based on imaging modality, the market is classified into magnetic resonance imaging (MRI), positron emission tomography (PET), computer tomography (CT), ultrasound and x-ray.
- On the basis of countries, the market is segmented into China, Japan, India, and rest of Asia-Pacific (APAC).
Key growth factors
Asia-Pacific represented more than half of the world’s population in 2016, and with the population still increasing, the demand for efficient and early diagnosis of diseases like cancer is growing continuously. The rise in disposable income as well as an increase in awareness about advanced diagnostics will drive the market. There has been a massive rise in chronic diseases in the APAC region over the past decade, mainly cancer, cardiac and neurological disorders due to increased tobacco use, alcohol consumption, etc. Using AV is one of the best ways for early detection, diagnosis and treatment of these diseases.
Threats and key players
The APAC region has a significant disparity among its various countries regarding access to healthcare facilities. Although countries such as Australia and Japan have excellent medical infrastructure and imaging technology, countries such as Bangladesh, Nepal, Afghanistan have subpar facilities. This could hamper the AV market from developing in those countries. The use of AV is complex and may require the assistance of service specialists or specialized training, which can be costly. This can hinder the growth of the market. The price of the AV tools is very high and many of the APAC countries like Bangladesh, Pakistan and Afghanistan may not be able to afford them due to poorer economic conditions prevailing in those regions, which can constrain the market.
The key competitors in the Asia-Pacific AV market are Toshiba Corporation, Ziosoft, Koninklijke Philips N.V., Afga-Gevaert, Conmed and others.
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada)
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America)
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific)
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa)
Some Questions Answered in the Asia-Pacific Advanced Visualization (AV) Market Report:
- What is the projected size of the Asia-Pacific Advanced Visualization (AV) market in 2032, and what growth rate is expected?
- What are the primary drivers of growth in the Asia-Pacific Advanced Visualization (AV) industry?
- What are the major market trends that are affecting the expansion of the Asia-Pacific Advanced Visualization (AV) market?
- What obstacles must be overcome in order to achieve sustained growth in the Asia-Pacific Advanced Visualization (AV) market?
- What opportunities and threats do vendors in the Asia-Pacific Advanced Visualization (AV) market face?
- What are the raw materials and manufacturing equipment used in the production of Asia-Pacific Advanced Visualization (AV), and what is the manufacturing process?
- What are the different types and applications of Asia-Pacific Advanced Visualization (AV), and what is the market share of each type and application?
- What factors, such as trends, challenges, and risk factors, are currently shaping the growth of the Asia-Pacific Advanced Visualization (AV) market?
- What factors are driving the growth of the Asia-Pacific Advanced Visualization (AV) market in the top regions worldwide?
- Who are the major players in the Asia-Pacific Advanced Visualization (AV) market, and what strategies are they employing to succeed?
- What industrial trends, drivers, and challenges are influencing the expansion of the Asia-Pacific Advanced Visualization (AV) market?
- What are the main findings of a five forces analysis of the Asia-Pacific Advanced Visualization (AV) market?
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