Computer Vision in Healthcare Market Will Exhibit an Impressive Expansion by 2023-2030

The global Computer vision in healthcare market is anticipated to grow at a CAGR of 9.8% during the forecast period (2023-2030). The market is driven by growing collaboration between market leaders and new product launches among others. For instance,

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In February 2023, Baptist Memorial Health Care (BMHC) partnered with LookDeep to implement computer vision and AI technology for continuous patient monitoring during hospitalization. The AI system is designed to provide ongoing monitoring and assistance to hospital teams, leading to better patient care and reducing the strain on healthcare professionals.
In May 2023, the Permanente Medical Group initiated the Kaiser Permanente Northern California Division of Research (KP-DOR) Augmented Intelligence in Medicine and Healthcare Initiative (AIM-HI) Coordinating Center, allocating $3.0 million for enhancing diagnoses and patient outcomes by exploring applications of AI/ML and computer vision in healthcare systems. This program will concentrate on national research initiatives aimed at assessing the impact of AI and ML in advancing diagnostic decision-making. It will provide grants of up to $750,000 to three to five US-based health systems to support these efforts.
In May 2023, Landing AI, a leading computer vision cloud platform, released a validation-ready version of its LandingLens platform. According to the company, this version is designed for highly regulated industries, such as life sciences, pharmaceuticals, and medical devices. Companies regulated by the FDA must validate all of the tools they use, from pill vial filling machines to medical device manufacturing equipment. This process can take months and require ongoing updates as the tools change. LandingLens focused on reducing validation time from three months to one or two weeks.
In October 2022, Google Cloud launched AI-enabled imaging technologies that are designed to help healthcare providers improve the quality and efficiency of care. The suite has multiple features, such as the ability to identify diseases earlier, improve the accuracy of diagnoses, and personalize treatments.

Market Coverage

The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered- 

o          By Type

o          By Application

o          By End User

Regions Covered-

o          North America

o          Europe

o          Asia-Pacific

o          Rest of the World

Competitive Landscape- includes Arterys, Inc., Google LLC, Intel Corporation, and Invicro, LLC., among others.

Key questions addressed by the report.

What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
Who is the leader in the market?
How are players addressing challenges to sustain growth?
Where is the investment opportunity?

Global Computer Vision in Healthcare Market Report Segment

By Type         

Hardware
Software
Services

By Application

Medical Imaging & Diagnostics
Surgeries
Patient Monitoring
Other (Drug Discovery, Patient Education, and Rehabilitation)

By End user

Healthcare Providers
Diagnostic Centers
Academic Research Institutes
Others (Pharmaceutical Companies, Medical Device Companies)

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Company Profiles

AiCure
ai Technologies Ltd.
Caption Health, Inc. (a subsidiary of GE Healthcare)
Enlitic, Inc.
iCAD, Inc.
Infervision Medical Technology Co., Ltd.
Kheiron Medical Technologies Ltd.
Lunit Inc.
Medtronic, plc
Merative L.P.
Microsoft Corp.

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