Lung cancer screening software offers advanced features like image processing, AI algorithms, and radiology reporting tools to analyze and detect lung abnormalities at early stages. Its advantages include improved accuracy, reduced interpretation time, and enhanced patient outcomes. Healthcare professionals use the software to facilitate efficient lung cancer screening, aiding in the timely detection of potential malignancies and enabling proactive intervention strategies, resulting in better treatment options and increased survival rates for patients.
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Data Bridge Market Research analyses that the U.S. Lung Cancer Screening Software Market is valued at 14,214.86 thousand in 2022 and is expected to reach USD 59,510.28 thousand by 2030, registering a CAGR of 19.6% during the forecast period of 2023 to 2030. Technological advancements in medical imaging, artificial intelligence, and machine learning have enabled the development of more sophisticated and accurate lung cancer screening software, thus driving the market’s growth.
Key Findings of the Study
Growing healthcare infrastructure projects are expected to drive the market's growth rate
The availability of advanced diagnostic tools and enhancements in healthcare infrastructure has facilitated the successful implementation of lung cancer screening programs. These improvements enable healthcare facilities to offer efficient and accurate screening services, enhancing the early detection and diagnosis of lung cancer. With advanced imaging technologies and better healthcare facilities, patients can access timely screenings, leading to improved patient outcomes and a higher likelihood of detecting lung cancer at an early stage when treatment is more effective.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Thousand, Volumes in Units, Pricing in USD
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Segments Covered
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Mode of Delivery (Cloud Based Solutions, On-Premise Solutions and Web Based Solutions), Product (Lung Cancer Screening Radiology Solution, Lung Cancer Screening Patient Management Software, Nodule Management Software, Data Collection and Reporting, Patient Coordination and Workflow, Lung Nodule Computer Aided Detection, Pathology and Cancer Staging, Statistical Audit Reporting, Screening PACs, Practice Management and Audit Log Tracking), Type (Computer-Assisted Screening and Traditional Screening), Application (Non-Small Cell Lung Cancer (NSCLC) and Small Cell Lung Cancer (SCLC)), Platform (Standalone and Integrated), Purchase Mode (Institutional and Individual), End User (Oncology Centers, Hospitals, Ambulatory Surgical Centers and Others), Distribution Channel (Direct Tender and Third Party Distributors)
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Market Players Covered
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Medtronic (Ireland), PenRad Technologies Inc. (U.S.), Koninklijke Philips N.V. (Netherlands), Volpara Health Limited (U.S.), Lungview (U.S.), Siemens Healthcare Private Limited (Germany), Thynk Health (U.S.), E.ON SE (Germany), Nuance Communications, Inc. (U.S.), MeVis Medical Solutions AG (Germany), Optellum Ltd (U.K.), MyCareWare (U.S.), ProVation Medical, Inc. (U.S.)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework
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Segment Analysis:
The U.S. lung cancer screening software market is segmented on the basis of product, mode of delivery, platform, purchase mode, distribution channel, type, end-user, and application.
- On the basis of product, the market is segmented into U.S. lung cancer screening radiology solution, lung cancer screening patient management software, nodule management software, data collection, and reporting, patient coordination and workflow, lung nodule computer aided detection, pathology and cancer staging, statistical audit reporting, screening pacs, practice management and audit log tracking.
- On the basis of mode of delivery, the market is segmented into cloud based solutions, on-premise solutions, and web based solutions.
- On the basis of platform, the market is segmented into standalone and integrated.
- On the basis of purchase mode, the market is segmented into institutional and individual.
- On the basis of distribution channel, the market is segmented into direct tender and third party distributors.
- On the basis of type, the market is segmented into computer-assisted screening and traditional screening.
- On the basis of end-user, the market is segmented into oncology centers, hospitals, Ambulatory Surgical Centers, and others.
- On the basis of application, the market is segmented into non-small cell lung cancer (NSCLC) and small cell lung cancer (SCLC).
Major Players
Data Bridge Market Research recognizes the following companies as the major U.S. lung cancer screening software market players in U.S. lung cancer screening software market are Medtronic (Ireland), PenRad Technologies Inc. (U.S.), Koninklijke Philips N.V. (Netherlands), Volpara Health Limited (U.S.), Lungview (U.S.), Siemens Healthcare Private Limited (Germany), Thynk Health (U.S.), E.ON SE (Germany)
Market Developments
- In 2022, GE Healthcare introduced its latest cutting-edge ultrasound system, a notable addition to its award-winning Women's Health portfolio. Featuring graphic-based beam former technology, the device offers superior image quality and enhanced imaging flexibility. This advancement reinforces GE Healthcare's position as a leading provider of innovative products and services for healthcare institutions.
- In 2021, Thynk Health has entered into a collaborative partnership with Infervision to combat lung cancer using state-of-the-art technologies. This collaboration enables lung cancer screening and pulmonary nodule management, bolstering Thynk Health's market presence and strengthening its position as a leader in advanced healthcare solutions.
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