AI In Medical Imaging Market to witness Massive Growth by 2027-GE Healthcare, IBM Watson Health, Philips Healthcare, Samsung

AI In Medical Imaging Market with COVID-19 Impact by Component, Application, Services, and Region- Forecast to 2027

The AI In Medical Imaging market will grow from USD 102.36 Billion in 2017 to USD 121.77 Billion by 2027, at an estimated CAGR of 3.53%.

According to the new AI In Medical Imaging market research report 2021-2027 is easy to understand the detailed analysis. The report published by Market Insights Reports represents the context of current and future trends driving global AI In Medical Imaging market growth. The research report is thoroughly compiled to assist the clients in gaining insights (upcoming identifiers).

The report moreover comprises of the market drivers which provides a SWOT and PEST analysis of the AI In Medical Imaging market. The Research presents a complete assessment of the AI In Medical Imaging Market and contains a future trend, current growth factors, focused opinions, details, and industry certified market data.

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Enhanced Convenience, Precise Results Using AI Fuel Global Market for Medical Imaging

The application of artificial intelligence (AI) in medical imaging is one of the most promising areas of health and medical innovation. Certainly, AI finds various applications in medical imaging such as image acquisition, processing to aided reporting, follow-up planning, data storage, data mining, and others. In recent years, AI has shown remarkable precision and sensitivity in the classification of imaging abnormalities and ensures to improve tissue-based detection and characterization.  Machine learning (ML), a subfield of AI, incorporates computational models and algorithms that reflect the architecture of the biological neural networks in the brain. Neural network architecture is structured in layers made of interconnected nodes. Each node of the network performs a weighted sum of the input data that are consequently transferred to an activation function. The inclusion of AI in healthcare and medical imaging changed the mode of diagnostics, which contributed to the growth of the global AI in medical imaging market.

Artificial intelligence helps physicians in the execution of the image capturing procedure and grants support to diagnose these images for the diagnosis and individualized treatment of every patient. Researchers have applied AI to automatically recognize complicated patterns in imaging data and provide quantitative evaluations of radiographic characteristics. In radiation oncology, AI has been applied to several distinct image modalities that are used at various stages of the treatment. Radiomics, the extraction of a considerable number of image characteristics from radiation images with a high-throughput method, is one of the most popular research topics today in medical imaging research. Moreover, AI is an essential boosting power of processing a massive number of medical images and therefore, uncovers disease symptoms that fail to be recognized normally. Thus, the AI in medical imaging market is expected to grow during the forecast period.

Growing Inclination of Doctors toward AI-based Assistance

The increasing recognition of the advantages offered by AI techniques and their wide utilization areas have led to the adoption of AI in the healthcare and medical imaging sectors. Several key players in the AI in medical imaging market are beginning to merge or collaborate with leading AI technology providers to innovate AI-based solutions for applications in healthcare. Such approaches allow these market players to offer advanced solutions to their consumers and establish their position in this dynamic market space. Due to the expanding demand for AI-based techniques, achieving advancements are encouraging companies to gain momentum in terms of developing advanced products and tools. However, there are several areas wherein the AI technology is expected to witness a great impact. This includes enhanced diagnosis and incidental findings of images, predictive image analysis, and workflow efficiency with data analysis, report generation, and prioritization of key findings. This is likely to generate new opportunities for the players in the AI in medical imaging market.

Market Research Analysis on AI In Medical Imaging

Top Companies in the Global AI In Medical Imaging Market are - GE Healthcare, IBM Watson Health, Philips Healthcare, Samsung, Medtronic, NVIDIA, Alibaba Cloud, Sense Time, Pvmed, Neusoft, PereDoc

Global AI In Medical Imaging Market based on Types are-

Hardware

Software

Based on Application, the Global AI In Medical Imaging Market are divided into-

Orthopedics

Neurology

Respiratory

Oncology

Others

Illustrative segmentation and forecast of the market based on offering, component, end user, and region have been conducted to give an overall view of the AI In Medical Imaging market. A value chain analysis has been performed to provide; In-depth insights into the AI In Medical Imaging market ecosystem.

Geographic Coverage On AI In Medical Imaging Market-

Market Research, demand and consumption patterns in the global AI In Medical Imaging market by breaking it into region-wise assessment. The following regional segments are covered comprehensively:

North America
Asia Pacific
Europe
South America
Middle East & Africa

Prime Takeaways On AI In Medical Imaging Market:

Value chain analysis, which is combined with competitive landscape of key players of the AI In Medical Imaging market.
Market size and forecast of the AI In Medical Imaging market for the period from 2021 to 2027.
Global presence of the market, market dynamics and evaluation by upstream and downstream of raw materials.
CAGR% for individual segments in various regional markets for a period from 2021 to 2027.

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Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements in AI In Medical Imaging market:

Customer Experience Maps
Insights and Tools based on data-driven research on AI In Medical Imaging
Actionable Results to meet all the business priorities
Strategic Frameworks to boost the growth journey in AI In Medical Imaging

Reasons for purchasing this Report-

Market Research relies on industry-wide databases for both regional and global authentic data, which enables the team to decipher the precise trends and existing scenario in the AI In Medical Imaging
The report takes a 360-degree approach to ensure that the niche and emerging aspects are also factored in to ultimately get accurate results.
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Customer Satisfaction: Our team of research analysts will accommodate all your research needs and customize the AI In Medical Imaging report accordingly.

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