Radiomics Market Top Companies Study - Radiomics.io (Computational Imaging & Bioinformatics Lab), Radiomics Bio (Belgium), Health Innovation Ventures (HIV), SOPHiA GENETICS SA.

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Radiomics Market Size, Share & Trends Analysis Report By Modality (Magnetic Resonance Imaging (MRI), Computed Tomography (CT), Positron-Emission-Tomography (PET), Others), By Image Type (2D v/s 3D), By Technology (Engineered Features v/s Deep Learning), By Application (Nuclear Medicine, Medical Imaging, Precision Medicine, Oncology)- Market Outlook And Industry Analysis 2034"

The global radiomics market is estimated to exhibit a CAGR of 16.3% during the forecast period for 2025-2034.

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Radiomics involves the computer-aided extraction and analysis of quantifiable data from medical imaging, focusing on the identification of specific radiographic characteristics. Utilizing advanced computational methodologies, radiomics enables precise, objective, and reproducible evaluation of imaging parameters such as lesion size, texture, calcification patterns, anatomical location, and growth behavior.

The global radiomics market is expected to experience consistent growth, primarily driven by increasing demand for early disease diagnosis and the formulation of more targeted treatment approaches. Technological progress within the healthcare sector is anticipated to further support market expansion over the next several years by enhancing the quality and efficiency of diagnostic and therapeutic solutions. Moreover, the growing integration of artificial intelligence in medical imaging is poised to significantly strengthen radiomics capabilities, thereby reinforcing its role in clinical decision-making. Consequently, the global radiomics market is positioned for sustained development throughout the forecast period.

List of Prominent Players in the Radiomics Market:
• Radiomics.io (Computational Imaging & Bioinformatics Lab)
• Radiomics Bio (Belgium)
• Health Innovation Ventures (HIV)
• SOPHiA GENETICS SA
• HealthMyne, Inc
• Oncoradiomics
• ptTheragnostic.

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Market Dynamics
Drivers:
The integration of artificial intelligence (AI) into hospital systems and medical imaging workflows has markedly improved diagnostic precision and operational efficiency, emerging as a key driver of global market growth. AI facilitates the rapid analysis of extensive medical imaging datasets, enabling the identification of subtle disease indicators that may be missed through traditional diagnostic approaches. This technological advancement is expected to underpin consistent market expansion over the forecast period. Additionally, the COVID-19 pandemic has accelerated the demand for enterprise imaging and telehealth solutions, underscoring the critical role of AI and machine learning in enhancing diagnostic accuracy and supporting both the effectiveness and occupational security of healthcare professionals.

Challenges:
Although the radiomics market shows considerable potential, it remains in an early stage of development. Limited awareness and understanding of AI technologies among healthcare practitioners present a significant barrier to widespread adoption, thereby constraining broader market penetration.

Regional Trends:
North America is projected to lead the radiomics market, supported by the region's advanced healthcare IT infrastructure, well-established medical framework, and the strong presence of prominent market players. The rising prevalence of chronic diseases-such as cancer and cardiovascular disorders-combined with an aging demographic, continues to drive demand for advanced imaging informatics. Concurrently, the Asia Pacific region is expected to register notable growth, propelled by the increasing volume of diagnostic imaging procedures and the accelerated deployment of imaging informatics solutions aimed at enhancing diagnostic accuracy and patient outcomes.

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Recent Developments:
• In August 2020-Carestream Health announced the release of the DRX-L Detector . With the new product now available in the US and Canada, hospitals and imaging facilities may focus on long-length imaging to boost productivity and lessen patient discomfort and radiation exposure.

Segmentation of Radiomics Market-
By Modality:
• Magnetic Resonance Imaging (MRI)
• Computed Tomography (CT)
• Positron-Emission-Tomography (PET)
• Others
By Image Type:
• 2D
• 3D
By Technology:
• Engineered Features
• Deep Learning
By Application:
• Nuclear Medicine
• Medical Imaging
• Precision Medicine
• Oncology
• Others
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 Middle East and Africa

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This release was published on openPR.