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Medical remote patient monitoring and care market size was valued at USD 11.29 billion in 2023 and is projected to reach USD 28.97 billion by 2031, with a CAGR of 12.5%

10-23-2024 09:24 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Data Bridge Market Research Private Ltd .

/ PR Agency: Data Bridge Market Research Private
Medical remote patient monitoring and care market size was valued at USD 11.29 billion in 2023 and is projected to reach USD 28.97

Medical remote patient monitoring and care market size was valued at USD 11.29 billion in 2023 and is projected to reach USD 28.97

"Global Medical Remote Patient Monitoring and Care Market, By Device Type (Cardiac Monitoring Devices, Blood Pressure Monitoring Devices, Blood Glucose Monitoring Devices, Respiratory Monitoring Devices, Neurological Monitoring Devices, Multi-Parameter Monitoring Devices, and Others), Application (Oncology, Diabetes, Cardiovascular Diseases, and Others), End User (Hospital-Based Patients, Ambulatory Patients, and Home Healthcare Patients) - Industry Trends and Forecast to 2031.

The global medical remote patient monitoring and care market size was valued at USD 11.29 billion in 2023 and is projected to reach USD 28.97 billion by 2031, with a CAGR of 12.5% during the forecast period of 2024 to 2031

Explore Further Details about This Research Medical Remote Patient Monitoring and Care Market Share Report https://www.databridgemarketresearch.com/reports/global-medical-remote-patient-monitoring-and-care-market

**2022 Analysis**

- The Artificial Intelligence in Ultrasound Imaging market is experiencing significant growth in 2022 due to the increasing adoption of AI technology in the healthcare industry. AI algorithms are being utilized to improve the accuracy and efficiency of ultrasound imaging, leading to better diagnostic outcomes. The market size is expected to reach new heights as more healthcare facilities invest in AI-powered ultrasound systems.

**2030 Forecast**

- Looking ahead to 2030, the Artificial Intelligence in Ultrasound Imaging market is projected to witness even more rapid growth. Advancements in AI technology, coupled with the rising demand for innovative healthcare solutions, will drive the market expansion. The integration of AI into ultrasound imaging systems will continue to revolutionize diagnostic procedures and enhance patient care outcomes.

**Market Players**

- Some of the key players in the Artificial Intelligence in Ultrasound Imaging market include:
- GE Healthcare
- Siemens Healthineers
- Philips Healthcare
- Canon Medical Systems
- Hitachi Healthcare
- Samsung Medison
- Butterfly Network
- Mindray
- Fujifilm Sonosite
- Hologic

The competition in the market is intensifying as major players are focusing on research and development to launch advanced AI-based ultrasound imaging solutions. Collaborations and partnerships are also common strategies adopted by market players to strengthen their market presence and expand their product offerings.

The Artificial Intelligence in Ultrasound Imaging market is poised for remarkable growth beyond 2030 as technological advancements and increasing adoption of AI continue to reshape the healthcare landscape. Key market players like GE Healthcare, Siemens Healthineers, and Philips Healthcare are investing heavily in research and development to introduce cutting-edge AI-powered ultrasound solutions that enhance diagnostic accuracy and patient care outcomes. This competitive landscape drives innovation and pushes the boundaries of what is possible in ultrasound imaging technology. Collaborations and partnerships among industry giants are common strategies to leverage expertise and strengthen market presence, ultimately benefiting both providers and patients.

One of the key drivers propelling the growth of the AI in ultrasound imaging market is the increasing demand for precision medicine and personalized healthcare solutions. AI algorithms can analyze vast amounts of ultrasound imaging data quickly and accurately, enabling healthcare providers to make more informed decisions and tailor treatment plans to individual patients' needs. This not only improves patient outcomes but also contributes to overall healthcare efficiency by reducing unnecessary procedures and minimizing errors. The potential cost savings and improved healthcare quality resulting from AI integration are significant motivating factors for healthcare facilities to invest in these technologies.

Furthermore, the global healthcare landscape is witnessing a shift towards value-based care and preventative medicine, where early detection and intervention are crucial. AI-powered ultrasound imaging systems play a vital role in this paradigm shift by enabling healthcare providers to detect diseases at earlier stages with higher precision, leading to better treatment outcomes and ultimately reducing healthcare costs associated with advanced disease stages. The versatility of AI algorithms in analyzing complex imaging data and identifying subtle patterns that might be missed by human interpretation is a game-changer in the field of diagnostic imaging.

As the AI in ultrasound imaging market continues to evolve, regulatory frameworks and standards will play a significant role in shaping the industry's trajectory. Adherence to data privacy regulations, algorithm transparency, and patient consent will be crucial considerations for market players to build trust and credibility with healthcare stakeholders. Additionally, ongoing advancements in AI technology, such as machine learning and deep learning, will further enhance the capabilities of**Market Players:**
- NVIDIA Corporation (U.S.)
- Intel Corporation (U.S.)
- IBM (U.S.)
- EchoNous, Inc. (U.S.)
- Microsoft (U.S.)
- General Vision Inc. (U.S.)
- GENERAL ELECTRIC COMPANY (U.S.)
- Johnson & Johnson Services, Inc. (U.S.)
- Siemens Healthcare Private Limited (U.S.)
- Medtronic (U.S.)
- CloudMedx Inc. (U.S.)
- Agfa-Gevaert Group (Belgium)
- Butterfly Network, Inc. (U.S.)
- Imagia Cybernetics Inc. (Canada)
- Enlitic, Inc. (U.S.)
- Micron Technology, Inc. (U.S.)
- SAMSUNG (South Korea)

The Artificial Intelligence in Ultrasound Imaging market is set to see exceptional growth beyond 2030, driven by technological advancements and the increasing use of AI technology in healthcare. Major market players such as GE Healthcare, Siemens Healthineers, and Philips Healthcare are heavily investing in research and development to introduce cutting-edge AI-powered ultrasound solutions that improve diagnostic accuracy and patient care outcomes. This competitive environment fosters innovation and pushes the boundaries of what ultrasound imaging technology can achieve. Collaboration and partnerships among industry leaders are common strategies to leverage expertise and solidify market presence, benefiting both providers and patients.

One of the key drivers fueling the expansion of the AI in ultrasound imaging market is the growing demand for precision medicine and personalized

Table Of Content

1 Introduction

1.1 Objectives Of The Study

1.2 Medical Remote Patient Monitoring and Care Market Definition

1.3 Overview

1.4 Limitations

1.5 Markets Covered

2 Medical Remote Patient Monitoring and Care Market Segmentation

2.1 Medical Remote Patient Monitoring and Care Market Covered

2.2 Geographical Scope

2.3 Years Considered For The Study

2.4 Currency And Pricing

2.5 Dbmr Tripod Data Validation Model

2.6 Multivariate Modeling

2.7 Primary Interviews With Key Opinion Leaders

2.8 Dbmr Medical Remote Patient Monitoring and Care Market Position Grid

2.9 Dbmr Vendor Share Analysis

2.1 Secondary Sources

2.11 Assumptions

3 Executive Summary.............

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Data Bridge Market Research is a market research and consulting company that educates its clients about the market and encourages growth and expansion. We offer customized reports, syndicated research, consulting services, cloud-connected intelligence, and a holistic suite of offerings including competitive intelligence, epidemiology analyses, trade analytics, country analysis, and pharma insights. We deliver objective and actionable insights, crafted to meet the unique needs of our clients. Our database features thousands of statistics and in-depth analyses on 200 plus industries and more than 5000 markets in 75 major countries globally. Additionally, DBMR has served for more than 40% of Fortune 500 firms internationally and has a more than 3000 client's network.

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