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AI-Based Technologies Drive Adoption Of Computer Vision In Healthcare Market: A Key Catalyst Accelerating Computer Vision in Healthcare Market Growth in 2025
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.Computer Vision in Healthcare Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, the market size for computer vision in healthcare has witnessed substantial growth. It is projected to escalate from $2.18 billion in 2024 to $3.18 billion in 2025, marking a compound annual growth rate (CAGR) of 45.9%. The notable growth during the historic period can be ascribed to the increased accessibility of healthcare data, supportive regulatory provisions, enhanced processing capabilities, and improvement in diagnostic accuracy.
Computer Vision in Healthcare Market Size Forecast: What's the Projected Valuation by 2029?
In the forthcoming years, the market size of computer vision in healthcare is projected to experience a tremendous increase, reaching $16.07 billion in 2029 with a 50.0% compound annual growth rate (CAGR). This anticipated growth during the prediction period can be credited to factors such as the employment of predictive analytics in radiology, the global response to health emergencies, the adoption of human-centric designs, and point-of-care imaging solutions. The forecast period will also see significant trends such as the enhancement of medical imaging, disease detection, and diagnosis, surgical support and robotics, innovations in drug discovery and development, as well as improvements in interoperability and integration.
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What Are the Drivers Transforming the Computer Vision in Healthcare Market?
The surge in the use of AI-supported technologies in the health sector contributes to the development of the computer vision field in the same industry. Artificial Intelligence equips machines with human-like abilities to perform regular tasks. AI's contribution to computer vision includes techniques such as natural language processing (NLP), granting computers the ability to comprehend text and speech akin to humans. As per the ACR Data Science Institute, a U.S. institute tasked with creating a structure for the application of machine learning in radiology professions, roughly 30% of radiologists implemented AI in their standard routines in July 2022 to better the radiology imaging process. Therefore, the rise in the use of AI-backed technologies is fueling the adoption and growth of computer vision in the healthcare market.
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What Long-Term Trends Will Define the Future of the Computer Vision in Healthcare Market?
Leading firms in the healthcare computer vision market are concentrating on launching cutting-edge validation software to stay ahead of the competition. Validation software is a computer application or program that checks the compliance of a specific process, system or software with accepted standards and norms. For instance, Landing AI, an American computer vision cloud platform, in March 2023, unveiled the world's first computer vision software ready for validation for manufacturers regulated by the FDA. This software is engineered to accelerate innovation for life-enhancing medical devices and drugs in the medical device manufacturing, pharmaceutical, and biosciences sectors.
Which Segments in the Computer Vision in Healthcare Market Offer the Most Profit Potential?
The computer vision in healthcare market covered in this report is segmented -
1) By Product: Software, Hardware, Network, Memory
2) By Application: Medical Imaging & Diagnostics, Surgeries, Clinical Trials, Patient Management and Research
3) By End Users: Healthcare Providers, Diagnostic Centers
Subsegments:
1) By Software: Imaging Software, Diagnostic Software, Analytical Software
2) By Hardware: Imaging Devices, Processing Units
3) By Network: Cloud Services, Local Area Networks (LAN)
4) By Memory: Storage Solutions, Data Backup Systems
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Which Firms Dominate the Computer Vision in Healthcare Market by Market Share and Revenue in 2025?
Major companies operating in the computer vision in healthcare market include NVIDIA Corporation, International Business Machines Corporation (IBM), Alphabet Inc., Microsoft Corporation, Intel Corporation, Basler AG, AiCure Technologies Inc., iCAD Inc., Xilinx Inc., Arterys Inc., Comofi Medtech Pvt. Ltd., SenseTime Technologies Limited, GE Healthcare Technologies Inc., Koninklijke Philips N. V., Siemens AG, Butterfly Network Inc., Caption Health Inc., CureMetrix Inc., Enlitic Inc., Freenome Holdings Inc., Gauss Surgical Inc., Hologic Inc., IDx Technologies Inc., Imagen Technologies Inc., Kheiron Medical Technologies Ltd., MaxQ AI Ltd., Medopad Ltd., Paige. AI Inc., Proscia Inc., Riverain Technologies LLC, Viz. ai Inc., Zebra Medical Vision Ltd., Aidence B. V., Deep Lens Inc., EnsoData Inc., Fovia Inc., G42 Healthcare LLC, GNS Healthcare Inc., HealthMyne Inc., HeartFlow Inc., Image Analysis Group LLC, Infinitt Healthcare Co. Ltd., Kinetica Inc., Lunit Inc.
Which Regions Offer the Highest Growth Potential in the Computer Vision in Healthcare Market?
Europe was the largest region in the computer vision in healthcare market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the computer vision in healthcare market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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