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Artificial Intelligence In Magnetic Resonance Imaging (MRI) Market 2023 Trends, Players, Challenges And Opportunities By 2032
Artificial Intelligence In Magnetic Resonance Imaging (MRI) Market
The Business Research Company's Artificial Intelligence In Magnetic Resonance Imaging (MRI) Global Market Report 2023 identifies increased number of diagnostic procedures as the major driver for the Artificial Intelligence In Magnetic Resonance Imaging (MRI) market's growth in the forecast period. Diagnostic procedures refer to medical tests, examinations, or techniques conducted to identify, evaluate, or confirm the presence of a disease, medical condition, or abnormality in a patient. Artificial intelligence is employed in MRI diagnostic procedures to improve accuracy and efficiency in detecting and characterizing abnormalities, leading to more precise and timely diagnoses for better patient outcomes in less time. For instance, in March 2023, according to the National Health Service (NHS), an England-based publicly funded healthcare system, approximately 1,628,300 patients were awaiting critical diagnostic tests in England, representing a 59,400-patient increase from March 2022. Additionally, in March 2023, a total of 2,302,400 diagnostic tests were performed.
The global artificial intelligence in magnetic resonance imaging (MRI) market is expected to grow from $5.2 billion in 2022 to $5.6 billion in 2023 at a compound annual growth rate (CAGR) of 8.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The artificial intelligence in magnetic resonance imaging (MRI) market is expected to reach $7.55 billion in 2027 at a CAGR of 7.5%.
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Major competitors in the Artificial Intelligence In Magnetic Resonance Imaging (MRI) market are Intel Corporation, International Business Machines Corporation, Bayer AG, Toshiba Corporation, NVIDIA Corporation, Siemens Healthcare GmbH, Fujifilm Holdings Corporation, Koninklijke Philips N.V.
A key trend in the Artificial Intelligence In Magnetic Resonance Imaging (MRI) market includes Technology advancement. Major companies operating in artificial intelligence in magnetic resonance imaging (MRI) market are focused on advancements in AI (artificial intelligence) technology to meet specific demands and sustain their position in the market. For instance, in June 2023, GE HealthCare Technologies Inc., a US-based manufacturing company, introduced Sonic DL, an FDA-cleared AI deep learning technology for faster MRI. This technology acquires high-quality magnetic resonance images up to 12 times faster than conventional methods, enabling cardiac imaging within a single heartbeat.
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The Artificial Intelligence In Magnetic Resonance Imaging (MRI) market is segmented -
•By Offering: Hardware, Software, Services
•By Technology: Deep Learning, Machine Learning, Computer Vision, NLP (Natural Language Processing), Speech Recognition, Querying Method, Other Technologies
•By Deployment Type: On-Premise, Cloud
•By Clinical Applications: Musculoskeletal, Colon, Prostate, Liver, Cardiovascular, Neurology, Lung, Breast, Other Clinical Applications
•By End-User: Clinics, Research And 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 Artificial Intelligence In Magnetic Resonance Imaging (MRI) market.
The Business Research Company's "Global Artificial Intelligence In Magnetic Resonance Imaging (MRI) 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 Artificial Intelligence In Magnetic Resonance Imaging (MRI) Market Include:
1. Executive Summary
2. Artificial Intelligence In Magnetic Resonance Imaging (MRI) Market Characteristics
3. Artificial Intelligence In Magnetic Resonance Imaging (MRI) Market Trends And Strategies
4. Artificial Intelligence In Magnetic Resonance Imaging (MRI) Market - Macro Economic Scenario
5. Global Artificial Intelligence In Magnetic Resonance Imaging (MRI) Market Size and Growth
................
32. Global Artificial Intelligence In Magnetic Resonance Imaging (MRI) Market Competitive Benchmarking
33. Global Artificial Intelligence In Magnetic Resonance Imaging (MRI) Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Artificial Intelligence In Magnetic Resonance Imaging (MRI) Market
35. Artificial Intelligence In Magnetic Resonance Imaging (MRI) Market Future Outlook and Potential Analysis
36. Appendix
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