Recently, the demand for efficient image compression algorithms have peeked due to storing and transmitting image requirements over long distance communication purposes. Image applications are now highly prominent in multimedia production, medical imaging, law enforcement forensics and defense industries. Hence, effective image compression offers the ability to record, store, transmit and analyze images for these applications in a very efficient manner. This paper offers a comparative analysis between the Dual Tree Complex Wavelet Transform (DTCWT) and other wavelet transforms such as Embedded Zerotree Wavelet (EZW), Spatial orientation Transform Wavelet (STW) and Lifting Wavelet Transform (LWT) for compressing gray scale images. The perfor...