Artificial Intelligence (AI) in Diagnostics Market Size, Trends, Latest Insights, Analysis and Forecast 2024-2031

The global AI in diagnostics Market is anticipated to grow at a CAGR of 23. 5% during the forecast period. Machine learning (ML) algorithms offers the capability to track and monitor patient symptoms and notify medical personnel/ staff about potential risks. The utilization of AI algorithms enhances the precision of medical diagnosis, improve patient outcomes, and enhance healthcare efficiency by analyzing huge amounts of medical data, and establishing connections. AI-powered applications are designed to scrutinize patient data, medical images, and clinical guidelines, providing indispensable support to healthcare professionals in making precise disease diagnoses and determining optimal treatment plans. AI is particularly effective in medical imaging analysis, providing precise and efficient evaluations of X-rays, MRIs, and CT scans.

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The growth of the market is attributed to growing data volumes around the globe. The healthcare sector generates enormous amounts of data, including patient information and medical images. AI is capable of processing and analyzing this data, surpassing the capabilities of human experts. Consequently, market players are innovating new offerings to address the surging demand for imaging networks. For instance, in November 2021, Nuance Communications Inc. launched the Nuance Precision Imaging Network, an AI-driven cloud platform that integrates patient-specific data and insights from diagnostic imaging into current clinical and administrative procedures throughout the healthcare ecosystem. The Nuance Precision Imaging Network connects imaging consumers, facilitating AI to inform precision diagnostics and therapeutics, increase physician efficiency, and reduce overall healthcare expenses. Leveraging the capabilities of Nuance's PowerScribe and Power Share diagnostic imaging solutions, this initiative represents the industry's commitment to joining AI's potential for substantial advancements in healthcare.

Global Artificial Intelligence (AI) in Diagnostics Market Report Segment

By Type

Vitro Diagnostics
Diagnostic Imaging

By Application

Cardiology
Oncology
Neurology
Obstetrics and Gynecology
Others ( Ophthalmology, Specialty, Radiology)

By End User

Hospitals
Diagnostics Imaging Centers
Diagnostics Laboratories

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Company Profiles

Aidoc Medical Ltd.
Digital Diagnostics Inc.
IMAGEN
InformAI, LLC
Nano-x Imaging Ltd.
Northwell Health
NovaSignal Corp.
Riverain Technologies
Silicon Mechanics
VUNO Inc.

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