Press release
AI-Enabled Medical Imaging Solutions Market Size, Share Outlook By Future Growth and Forecast 2022-2030
New York , United States- Report Ocean presents a new report on AI-Enabled Medical Imaging Solutions Market size, share, growth, industry trends, and forecast 2030, covering various industry elements and growth trends helpful for predicting the market's future.The global AI-enabled medical imaging solutions market size was US$ 685 million in 2020. The global AI-enabled medical imaging solutions market is expected to grow to US$10,745.5 million by 2030 by registering a Compound Annual Growth Rate (CAGR) of 29% during the forecast period from 2021-2030.
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In order to produce a holistic assessment of the market, a variety of factors is considered, including demographics, business cycles, and microeconomic factors specific to the market under study. AI-Enabled Medical Imaging Solutions Market report 2021 also contains a comprehensive business analysis of the state of the business, which analyzes innovative ways for business growth and describes critical factors such as prime manufacturers, production value, key regions, and growth rate.
The Centers for Medicare and Medicaid Services report that US healthcare expenditures grew by 4.6% to US$ 3.8 trillion in 2019, or US$ 11,582 per person, and accounted for 17.7% of GDP. Also, the federal government accounted for 29.0% of the total health expenditures, followed by households (28.4%). State and local governments accounted for 16.1% of total health care expenditures, while other private revenues accounted for 7.5%.
This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market's future growth.
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Factors Influencing
The growing prevalence of cardiovascular and congenital heart diseases is driving the market for AI-enabled medical imaging solutions. Moreover, rising government investments to enhance the treatments would further fuel the market growth. The global demand for AI-enabled imaging modalities is predicted to expand quickly in the future years as the number of cancer patients globally rises. The increasing number of cancer-related deaths has frightened caregivers and healthcare officials, driving substantial R&D activities to save the patients.
The growing era of digitization in emerging economies around the world may accelerate the growth of the global AI-enabled Medical Imaging Solution market during the analysis period.
Technologies developments are forecast to create ample opportunities for the market players. The upgrades in the 4G imaging technologies would provide better, effective, and accurate real-time visualization. As a result, it would fuel the adoption of AI-enabled medical imaging solutions.
The commercial landscape for AI-enabled imaging modalities is undergoing significant changes right now. The market is witnessing increasing investment in healthcare infrastructure growth. It would ultimately open up a lot of room for expansion. As a result, demand for AI-enabled medical imaging solutions may increase significantly.
The high cost of the AI-enabled medical imaging solutions may slow down the growth of the global market during the forecast period.
COVID-19 Impact Analysis
Healthcare industrialists around the world have witnessed a significant slowdown in trade activities. As a result of the novel coronavirus outbreak, various industries registered a loss due to the abrupt decline in trade activities. The growth landscape of the global AI-enabled medical imaging solutions markets suddenly altered as the focus of the healthcare bodies shifted towards curing COVID-19 infection. However, the market is expected to recover during the analysis period.
Regional Analysis
Of all the regions, the Asia Pacific region is forecast to hold dominance with the maximum share in the global AI-enabled medical imaging solutions market. The rising R&D expenditure would boost the contribution of the Asia Pacific region to the global market. Moreover, the region is home to many prominent players thriving in the global AI-enabled medical imaging solutions market. As a result, it would boost the growth of the Asia Pacific AI-enabled medical imaging solutions market.
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Competitors in the Market
ClaroNAv Inc.
Merge Healthcare Inc.
Agfa-Gevaert Corporation
Philips Healthcare
Siemens Healthineers
GE Healthcare
Toshiba Medical Systems Corporation
Bruker Corporation
Xinapse Systems Ltd.
Esaote Inc.
Aquilab GmbH
Spacelabs Healthcare Inc.
MIM Software Inc.
Carestream Health Inc.
Arterys Inc.
Blackford Analysis Limited
Aidoc
Beijing Infervision Technology Co., Ltd.
EnvoyAI
ContextVision AB
Fujifilm Holdings Corporation
iCAD, Inc.
Nuance Communications, Inc.
Other prominent players
Market Segmentation
Product Outlook
Software
Subscription Software License
Perpetual Software License
Fee-Per Case Software License
Hardware
Workflow Outlook
Image Acquisition
Image Analysis
Reporting and Communication
Predictive Analysis and Risk Assessment
Detection
Triage
Diagnosis and Treatment Decision Support
Equipment Maintenance
Therapeutic Application Outlook
General Imaging
Specialty Imaging
Oncology
Neurology
Orthopedics
Cardiology
Respiratory
Others
Deployment Mode Outlook
On-Premise Solutions
Cloud- and Web-Based Solutions
Modality Outlook
Magnetic Resonance (MR)
X-Ray
Imaging Systems
Computed Tomography (CT)
Ultrasound
Mammography
Multimodality Imaging Systems
Others
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Regional Outlook
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
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What are the aspects of this report that relate to regional analysis?
The report's geographical regions include North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
The report provides a comprehensive analysis of market trends, including information on usage and consumption at the regional level.
Reports on the market include the growth rates of each region, which includes their countries, over the coming years.
How are the key players in the market assessed?
This report provides a comprehensive analysis of leading competitors in the market.
The report includes information about the key vendors in the market.
The report provides a complete overview of each company, including its profile, revenue generation, cost of goods, and products manufactured.
The report presents the facts and figures about market competitors, alongside the viewpoints of leading market players.
A market report includes details on recent market developments, mergers, and acquisitions involving the key players mentioned.
What is the key information extracted from the report?
Extensive information on factors estimated to affect the Market growth and market share during the forecast period is presented in the report.
The report offers the present scenario and future growth prospects Market in various geographical regions.
The competitive landscape analysis on the market as well as the qualitative and quantitative information is delivered.
The SWOT analysis is conducted along with Porter's Five Force analysis.
The in-depth analysis provides an insight into the Market, underlining the growth rate and opportunities offered in the business.
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About Report Ocean:
We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today's competitive environment. Report Ocean is a 'one-stop solution' for individuals, organizations, and industries that are looking for innovative market research reports.
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