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Artificial Intelligence in Medical Imaging Global Market Report 2025: Soaring CAGR, Key Drivers and Trends
Artificial Intelligence in Medical Imaging Market
What Is The Projected Market Size Of The Artificial Intelligence in Medical Imaging Global Market Report 2025 And Its Growth Rate?
• The market size for artificial intelligence in medical imaging has greatly expanded in recent years.
• The market is predicted to increase from $3.42 billion in 2024 to a remarkable $4.46 billion in 2025 at a compound annual growth rate (CAGR) of 30.4%.
• This tremendous growth is backed by a rising demand for AI-powered CT, the increasing prevalence of cancer, accelerating adoption of cloud computing, the geriatric population spike, as well as the implementation of supportive government initiatives.
• Moreover, the market size is expected to witness exponential growth, soaring to $13.16 billion in 2029 at a CAGR of 31.1%, driven by a mounting need to decrease radiologists' workload, continual aging population, growing investments, increasing demand for large and complex datasets, and increasing demand for AI-powered CT.
What Is Driving The Growth In The Artificial Intelligence in Medical Imaging Global Market Report 2025?
The escalating presence of imaging modalities is anticipated to fuel the growth of AI in the medical imaging market in the future. Imaging modalities refer to various medical imaging techniques utilized to visualize the body for diagnosis and therapeutic purposes. AI algorithms are employed in medical modalities to assist in image reconstruction, noise reduction, and artifact correction, resulting in clearer and more precise CT images. For instance, the National Health Service reported in July 2022 that 43.3 million imaging tests were reported in England over 12 months from April 2021 to March 2022, and about 3.67 million imaging tests were reported in March 2022 alone. Therefore, the increasing imaging modality is propelling the growth of AI in the medical imaging market.
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Who Are the Key Players Driving Artificial Intelligence in Medical Imaging Global Market Report 2025 Growth?
The major companies operating in the artificial intelligence in medical imaging market include:
• Google LLC
• Microsoft Corporation
• IBM Watson Health
• Intel Corporation
• NVIDIA Corporation
• Siemens Healthineers
• Koninklijke Philips N.V
• GE Healthcare
• Agfa-Gevaert Group/Agfa HealthCare
• Aidoc Medical
• Arterys Inc.
• Lunit Inc.
• Butterfly Network Inc.
• Digital Diagnostics Inc.
• Caption Health Inc.
• EchoNous Inc.
• Covera Health Inc.
• Nanox Imaging LTD.
• AZmed
• InformAI LLC
• Avicenna AI
• ImageBiopsy Lab
• Nucleai
• Icometrix NV.
• Gleamer
What Are The Key Trends In The Artificial Intelligence in Medical Imaging Global Market Report 2025?
Key trends in the forecast period include:
• AI algorithms enable computer vision techniques to analyze medical images.
• Advancements in deep learning technology.
• Novel product innovations such as nuclear medicine.
• Cutting-edge technologies such as ultrasound systems.
• Magnetic resonance imaging product innovation.
What Are The Segments Of The Global Artificial Intelligence in Medical Imaging Global Market Report 2025?
The artificial intelligence in medical imaging market in this report is segmented into:
• By Modality: Computed Tomography (CT) Scan, Magnetic Resonance Imaging (MRI), X-rays, Ultrasound, Nuclear Imaging
• By Technology: Deep Learning, Natural Language Processing (NLP), Other Technologies
• By Application: Neurology, Respiratory And Pulmonary, Cardiology, Breast Screening, Orthopedics
• By End-Use: Hospitals, Diagnostic Imaging Centers, Other End-Users
Which Region Leads The Artificial Intelligence in Medical Imaging Global Market Report 2025?
North America was the largest region in the AI in medical imaging market in 2024. Nevertheless, Asia-Pacific is anticipated to be the fastest-growing region in the forecast period. The AI in medical imaging market covers various regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Artificial Intelligence in Medical Imaging Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Artificial Intelligence in Medical Imaging Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Artificial Intelligence in Medical Imaging Global Market Report 2025 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 Artificial Intelligence in Medical Imaging Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Artificial Intelligence in Medical Imaging Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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