A medical image processing apparatus comprises processing circuitry configured to select a reference image from blood vessel images based on contrast images acquired in time series and conduct a transformation process on other blood vessel images such that blood vessel shapes in the other blood vessel images match a blood vessel shape in the reference image, generate a color image where a color that corresponds to a temporal change in a pixel value is assigned to each pixel based on the blood vessel images after the transformation process, and display the color image on a display.