News | Information Technology | June 29, 2015

Frost & Sullivan expects standardization of practices, convergence of data management and analytics to spur further growth

Frost & Sullivan, big data, analytics, management, U.S. medical imaging industry

June 29, 2015 - The U.S. medical imaging industry is experimenting with big data analytics solutions to measure, demonstrate and improve its value proposition. Analysis from Frost & Sullivan, "Big Data Opportunities in the US Medical Imaging Market", finds the market earned revenues of $39 million in 2014, and estimates this to reach $82 million by 2019 at a compound annual growth rate of 16 percent.

Conventional tools are incapable of efficiently managing such large and complex datasets; posing limits on scalability, sustainability and usability. As the U.S. medical imaging field evolves from being not only data-intensive but also data-driven, big data tools are expected to better handle medical imaging and patient records, and improve workflow efficiency, diagnostic accuracy, treatment decisions and health management.

The next frontier will enhance data interoperability and data liquidity in order to translate static data into a dynamic database that gains actionable analytics and delivers care more efficiently.

"While current big data analytics applications for medical imaging are limited to descriptive analytics, such as operational performance monitoring, there are clear signs of the advent of advanced comparative benchmarking and predictive capabilities," said Frost & Sullivan Connected Health Industry Manager Natasha Gulati. "Imaging data management will also be a major area for investment as vendors design enterprise-wide solutions that allow a comprehensive view of all the data available to an organization."

Currently, there is no clear-cut definition for the right set of big-data analytic solutions in the marketplace. Healthcare providers generally begin their big data journey with a goal or a particular use case in mind. Expanding the analytic solution in scope and functionality will be needed as both vendor and customer move along the learning curve.

The market is currently fragmented with disparate large-scale projects. Nevertheless, the standardization of best practices will gather momentum in the next few years, strengthening the functional framework.

"The future lies in the convergence of big data management and big data analytics," said Frost & Sullivan Advanced Medical Technology Health Principal Analyst Nadim Daher. "As the techniques for big data management, analytics in healthcare and medical imaging mature, their integration will spur a wave of partnerships and collaborations among different types of imaging IT vendors. This will pave the way for holistic solutions in the U.S. market."

For more information: www.frost.com


Related Content

News | X-Ray

April 14, 2026 — KA Imaging is seeing continued adoption of its X-ray technology across new regions, with recent ...

Time April 15, 2026
arrow
News | Ultrasound Imaging

April 9, 2026 — GE HealthCare has announced a digital integration between the GE HealthCare bkActiv intraoperative ...

Time April 09, 2026
arrow
News | Computed Tomography (CT)

April 2, 2026 — Nano-X Imaging Ltd. recently announced its U.S.-based subsidiary, Nanox Impact Inc., has signed a new ...

Time April 08, 2026
arrow
News | Teleradiology

April 1, 2026 — Premier Radiology Services has acquired Global Imaging Solutions (GLOBIS), a leading teleradiology group ...

Time April 03, 2026
arrow
News | Digital Pathology

March 29, 2026 — Leica Microsystems has introduced the Viventis SCAPE light sheet microscope. Viventis SCAPE enables ...

Time April 01, 2026
arrow
News | Digital Pathology

March 11, 2026 — Royal Philips has announced the expansion of its digital pathology portfolio with new cloud-enabled ...

Time March 26, 2026
arrow
News | Radiology Business

March 1, 2026 — A new study from the Harvey L. Neiman Health Policy Institute found that practice turnover (i.e ...

Time March 19, 2026
arrow
News | Radiology Education

March 17, 2026 – The Center for Radiology Education (CRE) has announced a nationwide initiative to provide scholarships* ...

Time March 17, 2026
arrow
News | Radiology Business

March 12, 2026 — DelveInsight's has released its latest Diagnostic Imaging Equipment Market Insights report. The in ...

Time March 13, 2026
arrow
News | Enterprise Imaging

Mar. 9, 2026 — GE HealthCare recently announced that View, the viewer within the Genesis Radiology Workspace, has ...

Time March 12, 2026
arrow
Subscribe Now