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Global AI In Medical Diagnostics Market 2023 New Technologies, Future Scope, Business Growth And Forecast To 2032 | Major Players Are International Business Machines Corporation, Siemens Healthineers, GE HealthCare Technologies Inc., Digital Diagnostics I
AI In Medical Diagnostics Market
The Business Research Company's AI In Medical Diagnostics Global Market Report 2023 identifies The increasing investment in healthcare as the major driver for the AI In Medical Diagnostics Market's growth in the forecast period. Health expenditure refers to the portion of total revenue that is spent by the public and private sectors for healthcare services. It provides employment for healthcare professionals, boosts earnings for healthcare employees, expands municipal tax revenues, and stimulates demand for associated goods and services that will support AI technology's application in healthcare.
The global AI in medical diagnostics market size is expected to grow from $1.99 billion in 2022 to $2.85 billion in 2023 at a compound annual growth rate (CAGR) of 43.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global AI in medical diagnostics market size is expected to reach $11.75 billion in 2027 at a CAGR of 42.5%.
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Major competitors in the AI In Medical Diagnostics Market are International Business Machines Corporation, Siemens Healthineers, GE HealthCare Technologies Inc., Digital Diagnostics Inc., Heartflow Inc., Aidoc Medical Ltd., Koninklijke Philips N.V., Nanox AI, Microsoft Corporation, Nvidia Corporation, Intel Corporation, Xilinx Inc., Enlitic Inc., Aidence, Butterfly Network Inc., Day Zero Diagnostics Inc., and MicroHealth LLC.
A key trend in the AI In Medical Diagnostics Market includes Product innovations. Major companies operating in the AI in medical diagnostics market are innovating new products to sustain their position in the market. For instance, in March 2023, Qritive, a Singapore-based software company, launched an AI-powered "Qai Prostate" tool for prostate cancer diagnosis. This product can distinguish between benign and malignant tumors, precisely pinpoint the locations of prostatic cancer, and identify prostatic adenocarcinoma. It also increases lab productivity by enabling pathologists to select, prioritize, and select cases that are helpful to them.
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The AI In Medical Diagnostics Market is segmented -
By Component: Software, Services
By Technology: Natural Language Processing, Computer Vision, Machine Learning, Context-Aware Computing, Other Technologies
By Specialty: Brain And Neurological, Oncology, Cardiac And Vascular, Chest And Lung, Obstetrics And Gynecology, Other Specialties
By Application: Computer-Aided Detection, Computer-Aided Diagnosis, Quantitative Analysis Tools, Clinical Decision
By End User: Hospitals, Diagnostics Imaging Centers, Diagnostics Laboratories, Other End Users
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the AI In Medical Diagnostics Market.
The Business Research Company's "Global AI In Medical Diagnostics Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The AI In Medical Diagnostics Market Include:
1. Executive Summary
2. AI In Medical Diagnostics Market Characteristics
3. AI In Medical Diagnostics Market Trends And Strategies
4. AI In Medical Diagnostics Market - Macro Economic Scenario
5. AI In Medical Diagnostics Market Size And Growth
……
26. Africa AI In Medical Diagnostics Market
27. AI In Medical Diagnostics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The AI In Medical Diagnostics Market
29. AI In Medical Diagnostics Market Future Outlook and Potential Analysis
30. Appendix
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