Press release
Exponential Growth Anticipated in AI Medical Devices Market: CAGR of 29.9% Forecasted with Market Worth $35.5 Billion by 2029
• The AI medical devices market was valued at $10.08 billion in 2024 and is projected to reach $12.46 billion in 2025, with a CAGR of 23.6%.
• Market factors contributing to this significant growth include early machine learning algorithms, increased demand for precision medicine, and early adoption in radiology.
• The market size is projected to hit $35.5 billion in 2029 with a CAGR of 29.9%.
• Factors driving forecasted growth include a patient-centric approach, increasing healthcare expenditure, enhanced clinical decision support, and AI in disease prediction and prevention.
What is Driving the Growth in the AI in Medical Devices Market?
An increasing demand for personalized medicine is expected to drive the global AI in medical devices market. Personalized medicine develops a tailor-made approach to healthcare that considers individual patient traits such as genetics, environment, and lifestyle to enhance treatment effectiveness and outcomes. Advances in genomics and improved treatment efficacy also contribute to the rising demand for personalized medicine. AI analyzes a large amount of patient data to produce a comprehensive individual profile which aids in formulating tailored treatment plans. The increasing demand for personalized medicine is thus driving the growth of the AI in medical devices market.
Request A Free Sample Copy: https://www.thebusinessresearchcompany.com/sample.aspx?id=10615&type=smp
Who Are the Key Players Driving AI in Medical Devices Market Growth?
Major companies operating in the AI in Medical Devices market include:
• General Electric Company
• Medtronic plc.
• Siemens Healthineers AG
• Micron Technology Inc.
• Nvidia Corporation
• Intel Corporation
• International Business Machines Corporation
• Amazon Web Services, Inc.
• Koninklijke Philips N.V.
• Enlitic Inc.
• Cloudmedx Inc.
What Are the Key Trends in the AI in Medical Devices Market?
Key trends in the AI in Medical Devices market include:
• Augmented radiology and imaging
• AI-powered pathology
• Genomics and AI integration
• Predictive analytics in healthcare
• Natural language processing (NLP)
What Are the Segments of the Global AI in Medical Devices Market?
The global AI in medical devices market is segmented based on:
• Offerings: Hardware, Software, Services
• Technology: Context Awareness, Deep Learning, Machine Learning, Natural Language Processing, Predictive Analytics, Other Technologies
• Deployment: Cloud, On-Premise
• Application: Patient Care, Treatment, Diagnosis And Monitoring, Other Applications
• End-User: Hospitals And Healthcare Providers, Patients, Pharmaceuticals And Biotechnology Companies, Healthcare Payers, Other End-Users
Which Region Leads the AI in Medical Devices Market?
North America held the largest market share in the AI in medical devices market in 2024. Other regions covered in the report on the AI in medical devices market include Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
Pre-book the Report for Swift Delivery: https://www.thebusinessresearchcompany.com/report/ai-in-medical-devices-global-market-report
What is Covered in the AI in Medical Devices Market Global Market Report?
- Market Size Analysis: Analyze the AI in Medical Devices Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the AI in Medical Devices Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall AI in Medical Devices Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the AI in Medical Devices Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report: https://www.thebusinessresearchcompany.com/Customise?id=10615&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Exponential Growth Anticipated in AI Medical Devices Market: CAGR of 29.9% Forecasted with Market Worth $35.5 Billion by 2029 here
News-ID: 3830646 • Views: …
More Releases from The Business Research Company
Global High-Resolution Anoscopy Market Outlook 2025-2034: Trends, Innovations, A …
The High-Resolution Anoscopy Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the High-Resolution Anoscopy Market Size and Projected Growth Rate?
The market size for high-resolution anoscopy has experienced significant growth over the past few years. The market is predicted to increase from $15.03 billion…
Condyloma Acuminata Treatment Market Size Projected To Reach $2.2 Billion By 203 …
"The Condyloma Acuminata Treatment Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Condyloma Acuminata Treatment Market Size During the Forecast Period?
In the past few years, the condyloma acuminata treatment market has seen significant growth. The market value, which is anticipated to…
Household Type Fans Market Forecast 2025-2034: Comprehensive Analysis And Growth …
"The Household Type Fans Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Projected Growth of the Household Type Fans Market?
The market size for household fans has seen consistent expansion in recent years. The projections indicate an increase from $32.22 billion in 2024…
Grain Fumigants Industry Report 2025-2034: Market Dynamics, Trends, And Forecast …
The Grain Fumigants Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Grain Fumigants Market Size During the Forecast Period?
The Grain Fumigants Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This…
More Releases for Medical
ECG Analysis System Market Research Report 2022 - GE Medical, Medical Econet, Gr …
A recent market research report added to repository of MR Accuracy Reports is an in-depth analysis of global ECG Analysis System. On the basis of historic growth analysis and current scenario of ECG Analysis System place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent…
ECG Analysis System Market Outlook: 2020 The Year On A Positive Note | GE Medica …
DataIntelo report titled Global ECG Analysis System Market provides detailed information and overview about the key influential factors required to make well informed business decision. This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions. The rapidly changing market scenario and initial and future assessment of…
Medical Tracheostomy Tube Market Overall Study Report 2020-2027 | Players Medtro …
The latest report added by Stratagem Market Insights gives deep insights into the drivers and restraints in the Worldwide Medical Tracheostomy Tube Market. The research report "Global Medical Tracheostomy Tube Market Size and Growth Forecast to 2027" provide a comprehensive take on the overall market. Analysts have carefully evaluated the milestones achieved by the global Medical Tracheostomy Tube market and the current trends that are likely to shape its future.…
Global Embolization Particle Market 2019 - Sirtex Medical, Merit Medical, Cook M …
The global "Embolization Particle Market" report delivers a comprehensive and systematic framework of the Embolization Particle market at a global level that includes all the key aspects related to it. The data is collected from different sources allied to the global Embolization Particle market and the research team meticulously analyze the gathered data with the help of various analytical tools and present their opinion based on analysis and calculations. The…
Medical Casting & Splinting Market 2019: Top Key players are 3M, DJO Global, BSN …
Medical Casting & Splinting Market 2019 Report analyses the industry status, size, share, trends, growth opportunity, competition landscape and forecast to 2025. This report also provides data on patterns, improvements, target business sectors, limits and advancements. Furthermore, this research report categorizes the market by companies, region, type and end-use industry.
Get Sample Copy of this Report@ https://www.researchreportsworld.com/enquiry/request-sample/13718924
Global Medical Casting & Splinting market 2019 research provides a basic overview of…
Global Oxygen Pressure Regulator Market 2017 : Precision Medical, Smiths Medical …
Oxygen Pressure Regulator
A market study based on the " Oxygen Pressure Regulator Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Oxygen Pressure Regulator Market 2017’. The research report analyses the historical as well as present performance of the worldwide Oxygen Pressure Regulator industry, and makes predictions on the future status of Oxygen Pressure Regulator market on the basis of this analysis.
Get Free…
