About Lung Cancer Screening Software
Lung cancer screening is a process used for the detection of the presence of lung cancer in otherwise healthy people with a high risk of lung cancer. Lung cancer screening software is designed to automate the workflow of healthcare facilities by tracking patients from screening follow-up and beyond, track incidental pulmonary nodules and others.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Lung Cancer Screening Software market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
PenRad Technologies, Inc. (United States), Koninklijke Philips N.V. (Netherlands), Kheiron Medical Technologies (United Kingdom), Volpara Solutions Limited (New Zeland), Thynk Health (United States), CRA Health LLC (United States), ProVation Medical, Inc. (United States), Nuance Communications, Inc. (United States), Siemens Healthcare GmbH (Germany) and CureMetrix, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are MobileODT (Israel), Vital Images, Inc (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Lung Cancer Screening Software market by and Region.
On the basis of geography, the market of Lung Cancer Screening Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Enterprise, the sub-segment i.e. Small and Medium Enterprises will boost the Lung Cancer Screening Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. Cloud-Based will boost the Lung Cancer Screening Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Subscription, the sub-segment i.e. Monthly will boost the Lung Cancer Screening Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Awareness about Cancer Screening among People and Increased Adoption of Cloud-Based Solutions
Market Growth Drivers:
Increased Prevalence of Lung Cancer, Increased Diagnostic Centres and Hospitals and Government Initiatives for Cancer Screening Programs
Challenges:
Privacy and Security Issues Associated with Patient Data and Lack of Funding
Restraints:
Technological Complexities associated with Software and Lack of Skilled Professionals in Some Regions
Opportunities:
Growing Healthcare Industry Worldwide and New Advancements in the Medical Science
Market Leaders and their expansionary development strategies
In November 2022, RadNet, Inc., a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services, today reported it has acquired a 75% interest in London-based Heart & Lung Imaging Limited (“Heart&Lung Health” or “HLH”).
In October 2023, DELFI Diagnostics, Inc., a developer of accessible blood-based tests that deliver a new way to enhance cancer detection, announced the initial commercial introduction of FirstLook Lung. FirstLook is a blood test that offers a convenient, accurate and personalized result by determining the likelihood of detecting lung cancer through low-dose CT (LDCT), with a negative predictive value (NPV) of 99.7 percent.
Key Target Audience
Lung Cancer Screening Software Developers, Emerging Companies, Research Professionals and End-users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.