Japanese company Hitachi accounted for three percent of the world’s market for diagnostic imaging in 2017.

From Statista
Statistic in SaaS & Tech Growth Strategy

By 2024, this share is expected to decrease to 2.7 percent. Diagnostic imaging allows medical examiners to observe the inside of a body to establish a medical condition. Different techniques and machines allow radiologists and other health professionals to take a picture of the structures and activities occurring in the body. The best-known types of diagnostic imaging are radiography (X-rays), ultrasound, computed tomography (CT), and magnet resonance imaging (MRI).

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Publicly-traded SaaS companies have an average Revenue Per Employee of $200,000

High-growth companies generate 60% fewer sales opportunities than low-growth companies

The median annual unit churn for SAAS companies was 10% in 2016

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The median cost for a SaaS company to acquire a dollar of new customer revenue is $1.18

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High-growth companies are 8X more likely to reach $1 billion in revenues than those growing less than 20%.

Growing faster has twice as much impact on share price as improving margins

51% of large (revenue >$2.5million) SaaS companies use field sales as their primary method of distribution

More SaaS & Tech Growth Strategy Stats

More than two thirds of SAAS companies experienced annual churn rates of 5% or higher

Smaller SAAS companies reported more frequent use of third-party providers as their primary application delivery method, while the largest companies were more likely to use self-managed servers

The very best SAAS business has a negative churn rate and will have a Dollar Retention Rate of greater than 100%

Growing faster has twice as much impact on share price as improving margins

Since churn is so important, wouldn’t it be useful if we could predict in advance which customers were most likely to churn?

If a software company grows at 20% annually, it has a 92% chance of ceasing to exist within a few years

Best-in-class SaaS companies achieve 5-7% annual revenue churn – equivalent to a loss of $1 out of every $200 each month

The median monthly revenue churn for large SaaS companies is 0.75%, translating into an annual revenue churn rate of 10%

At Twitter, 10 percent of tech roles are staffed by women

Customer’s lifetime value (LTV)= average revenue per user (ARPU) / monthly churn rate