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Artificial Intelligence (AI) in Breast Imaging Market Top Players - GE Healthcare, Hologic, Inc., Gamma Medica, Inc., Siemens Healthcare, Fujifilm Holdings Corp.
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Artificial Intelligence (AI) in Breast Imaging Market Size, Share & Trends Analysis Report By End-Use (Hospitals, Ambulatory Surgical Centers, Specialty Clinics & Trauma Centers), Region, Market Outlook And Industry Analysis 2031"Get Free Access to Demo Report, Excel Pivot and ToC: https://www.insightaceanalytic.com/request-sample/1906
The Global Artificial Intelligence (AI) In Breast Imaging Market is estimated to reach over USD 3579.52 million by 2031, exhibiting a CAGR of 28.9% during the forecast period.
Artificial intelligence (AI) can be utilized to quantitatively analyze breast imaging data, including assessing tumor size, evaluating lesion characteristics, and tracking changes over time. This analysis supports patient outcome predictions, monitors therapy responses, and aids in treatment planning. The transition from traditional film-based imaging to digital imaging modalities, such as digital mammography, ultrasound, and MRI, has facilitated the integration of AI algorithms. Digital imaging allows for the efficient capture, storage, and analysis of large volumes of image data, enabling AI systems to learn from extensive datasets and continuously improve their performance.
Regulatory bodies, such as the U.S. Food and Drug Administration (FDA), have recognized the potential of AI in healthcare by establishing standards for the development and use of AI-based medical devices. Clear regulations and guidelines offer a structured framework for the implementation of AI in breast imaging, fostering innovation while ensuring patient safety.
List of Prominent Players in the Artificial Intelligence (AI) in Breast Imaging Market:
• GE Healthcare
• Hologic, Inc.
• Gamma Medica, Inc.
• Siemens Healthcare
• Fujifilm Holdings Corp.
• Toshiba Corporation
• Aurora Imaging Technology, Inc.
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Market Dynamics:
Drivers:
The growing prevalence of breast cancer, rising healthcare costs, and technological advancements are key factors driving the expansion of the artificial intelligence (AI) market in breast imaging. Increased consumer demand for early disease detection and treatment has also created significant business opportunities within this sector. Additionally, the aging population, the expansion of the healthcare IT industry, and the rising female population are accelerating the development of this industry. Government initiatives aimed at enhancing screening and diagnosis rates are further supporting market growth. The increasing prevalence of breast cancer is anticipated to be the primary driver for the adoption of AI in breast imaging.
Challenges:
The implementation of AI in breast imaging is often hindered by high hardware and software costs, which can be prohibitive for smaller healthcare organizations or those with limited resources. Furthermore, as cancer survival rates rise, the cost of life-saving treatments also escalates. Variations in imaging protocols, concerns regarding data privacy, and challenges in data sharing may impede the development and effectiveness of AI models. Regulatory and legal issues associated with the use of AI-based medical devices in breast imaging add further complexity to market adoption.
Regional Trends:
The North American AI in breast imaging market is expected to capture a significant share of the global market in terms of revenue and is projected to grow at a high compound annual growth rate (CAGR) in the near future. Contributing factors include the high incidence of breast cancer, advanced healthcare infrastructure, strong research and development activities, and increasing investments in AI technologies. The expanding use of AI in various breast imaging applications is expected to further drive market growth. The regulatory environment in North America, particularly in the United States, plays a crucial role in the adoption of AI in healthcare. The U.S. Food and Drug Administration (FDA) has established guidelines for the development and use of AI-based medical devices, including those for breast imaging, facilitating the integration of AI technologies into clinical practice and promoting innovation.
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Recent Developments:
• In March 2022, The National Oncology Centre of Singapore (NCCS) and GE Healthcare announced to work jointly. This cooperation intends to promote the prospect of more individualized cancer treatment options and give patients a chance to review clinically significant information throughout the patient journey by applying artificial intelligence and language processing.
Segmentation of Artificial Intelligence (AI) in Breast Imaging Market-
By End-Use-
• Hospitals
• Ambulatory Surgical Centers
• Specialty Clinics & Trauma Centers
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa
Read Overview Report- https://www.insightaceanalytic.com/report/artificial-intelligence-ai-in-the-breast-imaging-market-/1906
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 551 226 6109
Asia: +91 79 72967118
info@insightaceanalytic.com
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