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Artificial Intelligence in Medical Diagnostics Market by Application: In Vivo, Radiology, OBGY,MRI, CT, Ultrasound, IVD
“Global AI in medical diagnostics market projected to grow at CAGR of 50.2 %”ReportsnReports added Artificial Intelligence in Medical Diagnostics Market Research Report created by Report Consultant, which offers detailed insights, revenue details, and other information regarding the global market, and the various trends, drivers, restraints, opportunities, and market till 2028. Artificial Intelligence in Medical Diagnostics Market Report offers detailed information regarding the leading key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions and mergers, and market footprint. Artificial Intelligence in Medical Diagnostics Market also provides a comparative analysis of the market dynamics pre and post Covid19 outbreak.
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Top Company Profile Analysis in this Report- Microsoft Corporation (US), NVIDIA (US), IBM (US), Intel (US), Siemens Healthineers (Germany), GE Healthcare (US), Digital Diagnostics (US), Xilinx (US), InformAI (US), Enlitic (US), Day Zero Diagnostics (US), Aidence (Netherlands), Butterfly Network, Inc. (US), Prognos (US), Zebra Medical Vision (Israel), Viz.ai (US), Quibin (Spain), Qure.ai (India), Therapixel (France), and HeartFlow (US).
The global AI in medical diagnostics market is projected to reach USD 3,868 million by 2025 from USD 505 million in 2020, at a CAGR of 50.2% during the forecast period. Growth in this market is primarily driven by government initiatives to increase the adoption of AI-based technologies, increasing demand for AI tools in the medical field, growing focus on reducing the workload of radiologists, influx of large and complex datasets, growth in funding for AI-based start-ups, and the growing number of cross-industry partnerships and collaborations.
Artificial Intelligence in Medical Diagnostics Market report studies the AI in medical diagnostics market based on component, end user, application, and region. The report also studies factors (such as drivers, restraints, opportunities, and challenges) affecting market growth. It analyzes the opportunities and challenges in the market and provides details of the competitive landscape for market leaders. Furthermore, the report analyzes micro markets with respect to their individual growth trends and forecasts the revenue of the market segments with respect to four main regions and respective countries.
The AI in medical diagnostics market has been segmented into four main regional segments, namely, North America, Europe, the Asia Pacific, and the Rest of the World. In 2019, North America accounted for the largest market share of 37.6%. However, the APAC market is projected to register the highest CAGR of 53.2% during the forecast period, primarily due to the growth strategies adopted by companies in emerging markets, improved medical diagnostic infrastructure, increasing geriatric population, rising prevalence of cancer, and the implementation of favorable government initiatives.
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Table Of Contents in this Report-
1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Inclusions & Exclusions
1.3.1 Markets Covered
Figure 1 Ai In Medical Diagnostics Market Segmentation
1.3.2 Years Considered For The Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders
2 Research Methodology
2.1 Research Data
2.2 Research Methodology Steps
Figure 2 Research Methodology: Ai In Medical Diagnostics Market
Figure 3 Research Design
2.2.1 Secondary Data
2.2.1.1 Key Data From Secondary Sources
2.2.2 Primary Data
Figure 4 Breakdown Of Primary Interviews: By Company Type, Designation, And Region
Figure 5 Primary Sources
2.2.2.1 Key Data From Primary Sources
2.3 Market Size Estimation Methodology
Figure 6 Research Methodology: Hypothesis Building
Figure 7 Market Size Estimation
2.4 Market Data Estimation And Triangulation
Figure 8 Data Triangulation Methodology
2.5 Assumptions For The Study
2.6 Covid-19-Specific Assumptions
3 Executive Summary
Figure 9 Ai In Medical Diagnostics Market, By Component, 2020 Vs. 2025 (Usd Million)
Figure 10 Ai In Medical Diagnostics Market, By Application, 2020 Vs. 2025 (Usd Million)
Figure 11 Ai In Medical Diagnostics Market, By End User, 2020 Vs. 2025 (Usd Million)
Figure 12 Geographical Snapshot Of The Ai In Medical Diagnostics Market
4 Premium Insights
4.1 Ai In Medical Diagnostics Market Overview
Figure 13 Influx Of Large And Complex Datasets In Healthcare To Drive Market Growth
4.2 North America: Ai In Medical Diagnostics Market, By Application And Country (2019)
Figure 14 In Vivo Diagnostic Applications Segment Accounted For The Largest Share Of The North American Market In 2019
4.3 Ai In Medical Diagnostics Market Share, By Application, 2020 Vs. 2025
Figure 15 In Vivo Diagnostic Applications Segment Will Continue To Dominate The Market In 2025
4.4 Ai In Medical Diagnostics Market: Geographic Growth Opportunities
Figure 16 Apac Market To Register The Highest Growth During The Forecast Period
5 Market Overview
5.1 Introduction
Figure 17 Ai In Medical Diagnostics Market: Drivers, Restraints, Opportunities, And Challenges
5.1.1 Drivers
5.1.1.1 Influx Of Large And Complex Datasets
5.1.1.2 Growing Number Of Cross-Industry Partnerships And Collaborations
5.1.1.3 Increasing Demand For Ai Tools In The Medical Imaging Field And Rising Focus On Reducing The Workload Of Radiologists
5.1.1.4 Government Initiative To Increase The Adoption Of Ai-Based Technologies
5.1.1.5 Growth In Funding For Ai-Based Start-Ups
5.1.2 Restraints
5.1.2.1 Reluctance Among Medical Practitioners To Adopt Ai-Based Technologies
5.1.2.2 Lack Of Skilled Ai Workforce And Ambiguous Regulatory Guidelines For Medical Software
5.1.3 Opportunities
5.1.3.1 Untapped Emerging Markets
5.1.3.2 Growing Potential Of Ai-Technology In Imaging & Diagnostics To Fight Covid-19
5.1.3.3 Increasing Focus On Developing Human-Aware Ai Systems
5.1.4 Challenges
5.1.4.1 Budgetary Constraints
5.1.4.2 Lack Of Curated Healthcare Data
5.1.4.3 Concerns Regarding Data Privacy
Figure 18 Types Of Healthcare Breaches Reported To The Us Department Of Health And Human Services (2018 To 2020)
5.1.4.4 Lack Of Interoperability Between Ai Solutions Offered By Different Vendors
5.2 Value Chain Analysis
Figure 19 Ai In Medical Diagnostics Market: Value Chain Analysis
5.3 Case Studies
5.3.1 Focus On Improving Workflow Efficacy And Reducing The Burden On Radiologists
5.3.1.1 Use Case 1: Reducing The Burden On Radiologists By Developing And Testing An Ai Model To Read Large Ultrasound Data
5.3.2 Improved Triage
5.3.2.1 Use Case 2: Precision Driven Health Developed Ml Model To Help Improve Work Triage Of Cardiologists (2019)
5.4 Impact Of Covid-19 On The Ai In Medical Diagnostics Market
Figure 20 Pre- And Post-Covid-19 Impact Analysis
5.5 Ecosystem Coverage
Figure 21 Ai In Medical Diagnostics Ecosystem
5.6 Technology Analysis
Table 1 Technological Developments By Leading Vendors
5.7 Regulations
5.7.1 Health Insurance Portability And Accountability Act Of 1996 (Hipaa)
5.7.2 Health Information Technology For Economic And Clinical Health Act Of 2009 (Hitech)
5.7.3 Consumer Privacy Protection Act Of 2017
5.7.4 National Cybersecurity Protection Advancement Act Of 2015
5.7.5 Future Of Life Institute’s Asilomar Ai Principles
5.7.6 The European Medical Devices Regulation (Eu) 2017/745 And In-Vitro Diagnostic Medical Devices Regulation (Eu) 2017/746 In Combination With The General Data Protection Regulation 2016/679
5.7.7 The Cybersecurity Law Of The People's Republic Of China
5.8 Pricing Analysis
6 Artificial Intelligence In Medical Diagnostics Market, By Component
6.1 Introduction
Table 2 Ai In Medical Diagnostics Market, By Component, 2018–2025 (Usd Million)
6.1.1 Software
6.1.1.1 Software Segment To Witness Higher Growth During The Forecast Period
Table 3 Ai In Medical Diagnostics Software Market, By Region, 2018–2025 (Usd Million)
6.1.2 Services
6.1.2.1 Services Segment To Account For A Larger Share Of The Market During The Forecast Period
Table 4 Ai In Medical Diagnostics Services Market, By Region, 2018–2025 (Usd Million)
7 Artificial Intelligence In Medical Diagnostics Market, By Application
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