AI-enabled Imaging Modality Market to Witness Robust Expansion by 2029

AI-enabled Imaging Modality Market is expected to grow at a significant CAGR during the forecast period. Rising investment in the healthcare ecosystem and the growing ageing population will drive market growth. Lung and breast cancer are commonly detected via X-ray imaging. A computed tomography (CT) scan can also detect minor lesions in the lungs that are missed by an x-ray. In the medical field, X-rays can be used for confirmation, diagnosis, or support. X-ray imaging technology is also used to diagnose a variety of illnesses, including fractures, infections, malignancies, and arthritis. As a result, the rising number of cases associated with these illnesses is expected to have a favourable influence on market growth.

The rising prevalence of various lifestyle-related chronic diseases such as cancer and cardiovascular conditions, as well as increasing demand for advanced imaging solutions integrated with artificial intelligence (AI) and increased investment in AI-enabled solutions, are some of the factors expected to drive the overall market growth. Increasing demand for modern assessment tools in the emergency department, as well as an increase in the number of ambulatory emergency care units, are expected to have a favourable influence on the C.T market, which will boost overall growth for the global AI-enabled Imaging Modality Market.

Qure.ai received its first FDA certification for its head C.T. scan device in June 2020. The decision by the US FDA includes four major abnormalities discovered by Qure.ai's emergency room product. Radiology scans with cerebral bleeding, mass effect, midline shifting, and cranial fractures may now be triaged by the AI tool. Cranial fractures and midline shifts are two of these features that are specific to Qure.ai's product. Furthermore, in August 2020, the Medical Imaging and Data Resource Centre (MIDRC), which will use artificial intelligence and medical imaging technology to improve COVID-19 diagnosis and treatment, was established by the National Institutes of Health (NIH).

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Market Coverage

· The market number available for - 2022-2030

· Base year- 2022

· Forecast period- 2023-2030

Segment covered

· By Modality

· By Application

Region covered

· North America

· Europe

· Asia-pacific

· Rest of world

Competitive Landscape- Koninklijke Philips N.V., Siemens Healthineers AG., General Electric Company, Konica Minolta, Inc., and United Health Imaging, among others.

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AI-enabled Imaging Modality Market by Segment

By Modality

· Computed Tomography (CT)

· MRI

· X-Ray

· Ultrasound

· Positron Emission Tomography (PET)

· Other Modalities

By Application

· Cardiology

· Oncology

· Neurology

· Pulmonology

· Others

AI-enabled Imaging Modality Market by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

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