Press release
Artificial Intelligence in Diagnostics Market to hit USD 70.93 Bn by 2029 at a CAGR 45 Percent, Global Industry Analysis by Type, Industry, Region, and Forecast
Artificial Intelligence in Diagnostics Market
Artificial Intelligence in Diagnostics Market Report Scope and Research Methodology
The report covers market trends from 2015 to forecast the market through 2029. 2022 is considered a base year, while 2021's numbers are based on the real output of companies in the market. The report provides special attention to the effect of lockdown on the demand and supply of the market during 2021 and the impact of lockdown for the next two years on the market. The report also provides strategic analysis of companies that have performed well during the lockdown.
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Artificial Intelligence in Diagnostics Market Dynamics
Artificial Intelligence (AI) is gaining traction in diagnostics due to increased investments from nonprofits and private corporations to improve information interchange and clinical results, as well as cost savings. Additionally, higher government spending on healthcare is supporting market growth by increasing demand for e-diagnostic services in the healthcare sector. The market's growth is also driven by the rising need for low-cost diagnostic procedures, effective and efficient report analysis, and rapid diagnostic data creation. Startups creating AI-driven imaging and diagnostic solutions are also major drivers of market growth.
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The expertise and experience required to work with AI-based technologies pose a challenge for healthcare professionals, who are also wary about the accuracy of AI diagnosis. This factor is expected to hamper the market growth during the forecast period.
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Artificial Intelligence in Diagnostics Market Regional Insights
The North American artificial intelligence diagnostic market held a 57 percent revenue share in 2022, driven by a high acceptance rate of AI in healthcare by both public and private companies, as well as substantial government financing for the healthcare sector. The United States is the fastest-growing market in North America. Asia Pacific is expected to emerge as the fastest-growing region during the forecast period, driven by the growing number of government initiatives to encourage healthcare suppliers, as well as cumulative funds from nonprofit organizations and private corporations, better clinical outcomes, and cost savings.
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Artificial Intelligence in Diagnostics Market Segmentation
By Component:
Software
Hardware
Services
By Diagnosis:
Cardiology
Oncology
Pathology
Radiolog
Chest and Lung
Neurology
Others
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Artificial Intelligence in Diagnostics Market Key Competitors include:
Aidoc
GE Healthcare
Vuno Inc.
Siemens Healthcare GmbH
AliveCor
Imagen Technologies
IDx Technologies Inc.
Neural Analytics
Riverain Technologies
Zebra Medical Vision
Siemens AG
NovaSignal Corporation
Icometrix
Koninklijke Philips N.V
Caption Health, Inc.
Table of Content for Artificial Intelligence in Diagnostics Market
Global Artificial Intelligence in Diagnostics Market: Research Methodology
Global Artificial Intelligence in Diagnostics Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Artificial Intelligence in Diagnostics Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Artificial Intelligence in Diagnostics Market Segmentation
Global Market, by Component (2021-2029)
Global Market, by Diagnosis (2021-2029)
Regional Artificial Intelligence in Diagnostics Market (2021-2029)
Regional Market, by Component (2021-2029)
Regional Market, by Diagnosis (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Types:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Component and Diagnosis
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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