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Increasing Prevalence Of Chronic Diseases Is Driving The Growth Of The Generative AI In Medical Imaging Market.: A Key Driver Powering Generative Artificial Intelligence (AI) In Medical Imaging Market Growth In 2025
"Our market reports now include the latest updates on global tariffs, trade impacts, and evolving supply chain dynamics.What Is the Current Generative Artificial Intelligence (AI) In Medical Imaging Market Size and Its Estimated Growth Rate?
In recent times, the market size for generative artificial intelligence (AI) in the field of medical imaging has seen significant growth. It is projected to expand from $1.39 billion in 2024 to $1.87 billion in 2025, with a compound annual growth rate (CAGR) of 34.4%. The historical growth is largely due to the rise of telemedicine, improvements in healthcare, transition to patient-focused care models, the escalating demand for precise diagnostics, and government-sponsored initiatives and funding.
The market size of generative artificial intelligence (AI) in medical imaging is predicted to witness substantial expansion in the upcoming years. The market is projected to escalate to $6.06 billion in 2029 with a compound annual growth rate (CAGR) of 34.1%. This surge during the forecast period can be attributed to the rise in healthcare awareness, increased investments and collaborations, enhanced regulatory backing, improved data augmentation utilities, and a surge in the volume of medical imaging data. Noteworthy trends for the forecast period include integration of multi-modal, improved diagnostic precision, real-time image enhancement, advanced 3D visualization, and incorporation with electronic health records (EHRs).
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How Are Emerging Segments Shaping the Generative Artificial Intelligence (AI) In Medical Imaging Market Landscape?
The generative artificial intelligence (AI) in medical imaging market covered in this report is segmented -
1) By Type: Generative Adversarial Networks (GANs); Variational Autoencoders (VAEs); Other Types
2) By Imaging: Modality; Magnetic Resonance Imaging (MRI); Computed Tomography (CT); X-Ray; Ultrasound; Other Modalities
3) By Application: Diagnosis; Image Reconstruction; Image Enhancement; Disease Progression Monitoring; Other Applications
4) By End-User: Hospitals; Diagnostic Centers; Research Institutes; Other End-Users
Subsegments:
1) By Generative Adversarial Networks (GANs): Image Synthesis And Reconstruction; Data Augmentation For Training Models; Image Super-Resolution; Denoising And Artifact Removal In Medical Images
2) By Variational Autoencoders (VAEs): Anomaly Detection In Medical Imaging; Latent Space Representation For Medical Image Analysis; Data Compression And Reconstruction; Multimodal Medical Image Synthesis
3) By Other Types: Deep Convolutional Networks For Imaging; Transformer Networks In Medical Imaging; Hybrid Models; Reinforcement Learning In Image Diagnostics
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Which Growth Factors Are Influencing Generative Artificial Intelligence (AI) In Medical Imaging Market Expansion?
The growth of generative artificial intelligence (AI) in the medical imaging market is anticipated to get a boost due to the rising prevalence of chronic diseases. Chronic diseases are enduring health issues that often last throughout a person's lifetime. Unhealthy lifestyle choices such as poor nutrition, lack of physical activity, and exposure to harmful environments are the key reasons behind the increased occurrence of these diseases. Generative AI is beneficial in this context as it facilitates early detection of chronic diseases, enhances diagnosis precision, and customizes treatment plans by conducting a comprehensive analysis of intricate imaging data. For example, in September 2022, as per the World Health Organization, a Switzerland-based entity that oversees global health matters, around 4.1 million deaths every year were attributed to chronic respiratory diseases. Consequently, the escalating prevalence of chronic diseases is driving the expansion of generative artificial intelligence (AI) in the medical imaging market.
Who Are the Dominant Players Across Different Generative Artificial Intelligence (AI) In Medical Imaging Market Segments?
Major companies operating in the generative artificial intelligence (AI) in medical imaging market are Google LLC, Siemens AG, NVIDIA Corporation, Philips Healthcare, GE Healthcare, VSP Global, HOPPR.AI, Successive Technologies Inc., Canon Medical Systems Corporation, Aidoc Inc., Viz.ai Inc., Qure.ai Technologies Pvt. Ltd., Yellow.ai, XenonStack Inc., Arterys Inc., Quantib B.V., Niramai Health Analytix Pvt Ltd., Kheiron Medical Technologies Ltd., QSS Technosoft Inc., Subtle Medical Inc., Enlitic Inc
What Are the Latest Developing Trends in the Acne Treatment Devices Market?
Leading corporations in the generative AI in medical imaging sector are honing generative AI tools for medical imaging through alliances, aiming to increase diagnostic accuracy, simplify operations, and expedite research and development. These generative AI tools essentially utilize sophisticated algorithms that employ machine learning tactics, specifically deep learning and generative models, to establish, enrich, or decode medical images. For instance, HOPPR, an American AI imaging models developer, revealed an innovative foundational model known as Grace in February 2024, developed collectively with Amazon Web Services (AWS), an American cloud computing firm. Envisioned to augment medical imaging, Grace is a generative AI foundational model that speeds up development, scrutinizes a broad spectrum of grayscale shades, and backs multi-modal learning via an easily accessible API. The model's API access facilitates seamless incorporation into various applications, with a capacity to transform radiology operations and enhance patient results. Grace's profound comprehension of medical imaging will assist medical professionals in making more informed decisions, potentially triggering prompt interventions and enhancing treatment results.
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Which Geographic Regions Are Expected to Dominate the Generative Artificial Intelligence (AI) In Medical Imaging Market in the Coming Years?
North America was the largest region in the generative artificial intelligence (AI) in medical imaging market in 2024. The regions covered in the generative artificial intelligence (AI) in medical imaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Generative Artificial Intelligence (AI) In Medical Imaging Market?
2. What is the CAGR expected in the Generative Artificial Intelligence (AI) In Medical Imaging Market?
3. What Are the Key Innovations Transforming the Generative Artificial Intelligence (AI) In Medical Imaging Industry?
4. Which Region Is Leading the Generative Artificial Intelligence (AI) In Medical Imaging Market?
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