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Comprehensive 2025 Artificial Intelligence in Medical Imaging Market Overview: Trends, Forecasts, and Growth Drivers

07-24-2025 02:03 PM CET | Health & Medicine

Press release from: The Business Research Company

Artificial Intelligence in Medical Imaging Market

Artificial Intelligence in Medical Imaging Market

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What Is the Expected CAGR for the Artificial Intelligence in Medical Imaging Market Through 2025?
Over recent years, the market size of artificial intelligence in medical imaging has seen significant growth. Expected to expand from a value of $3.42 billion in 2024, it is projected to reach a value of $4.46 billion in 2025 with a compound annual growth rate (CAGR) of 30.4%. Various factors have contributed to this growth over the historical period including an increased requirement for AI-enhanced CT, a surge in cancer cases, wider acceptance of cloud computing, a growing elderly population, and the enforcement of supportive government initiatives.

What's the Projected Size of the Global Artificial Intelligence in Medical Imaging Market by 2029?
The market for artificial intelligence in medical imaging is projected to experience remarkable expansion in the upcoming years, with expectations to reach a value of $13.16 billion in 2029. This corresponds to a compound annual growth rate (CAGR) of 31.1%. Several factors are contributing to this anticipated growth, including efforts to reduce the strain on radiologists, the increasing older population, escalating investment, surging demand driven by the need to process large and complex datasets, and the growing need for AI-enhanced CT scans. Among the significant trends to watch in this period are the use of computer vision techniques in enabling AI algorithms to interpret medical images, technological advancements in deep learning, as well as innovative products like nuclear medicine and technologies including ultrasound systems and magnetic resonance imaging.

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Top Growth Drivers in the Artificial Intelligence in Medical Imaging Industry: What's Accelerating the Market?
The anticipated advancement of AI in the medical imaging market is substantially driven by the expansion of imaging modalities. This term essentially characterizes the plethora of medical imaging techniques employed for visualizing the human body for both diagnostic and therapeutic objectives. AI algorithms play a crucial role in these modalities by aiding in image reconstruction, minimizing noise, and rectifying artifacts, thereby enhancing the precision and clarity of CT images. For example, statistics from the National Health Service, a governmental department based in the UK, revealed that 43.3 million imaging tests were conducted in England within the year spanning from April 2021 to March 2022, as reported in July 2022. Moreover, an estimated 3.67 million imaging tests were reported to have been performed in March 2022 alone. Thus, the escalating growth of imaging modality is significantly influencing the advancement of AI in the medical imaging market.

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What Trends Will Shape the Artificial Intelligence in Medical Imaging Market Through 2029 and Beyond?
Prominent firms in the AI medical imaging market are pioneering innovative solutions, such as AI-integrated MRI systems, to improve patient care. This includes regular Magnetic Resonance Imaging (MRI) equipment furnished with artificial intelligence (AI) capabilities. For example, GE Healthcare, a medical tech company from the US, introduced the SIGNA Champion, an AI-integrated MRI system, in December 2023. The SIGNA Champion is equipped with various AI-enriched workflow attributes like AIR Recon DL and Sonic DL, which enhance efficiency and offer superior imaging quality for users with varying levels of experience. The SIGNA Champion's distinctive feature is the ample space provided for the patient in the bore, as well as its short scanning duration.

What Are the Main Segments in the Artificial Intelligence in Medical Imaging Market?
The artificial intelligence in medical imaging market covered in this report is segmented -

1) By Modality: Computed Tomography (CT) Scan, Magnetic Resonance Imaging (MRI), X-rays, Ultrasound, Nuclear Imaging
2) By Technology: Deep Learning, Natural Language Processing (NLP), Other Technologies
3) By Application: Neurology, Respiratory And Pulmonary, Cardiology, Breast Screening, Orthopedics
4) By End-Use: Hospitals, Diagnostic Imaging Centers, Other End-Users

Subsegments:
1) By Computed Tomography (CT) Scan: Cardiac CT, CT Angiography, Lung CT, Abdominal CT, Head CT
2) By Magnetic Resonance Imaging (MRI): Brain MRI, Spine MRI, Musculoskeletal MRI, Abdominal MRI, Functional MRI
3) By X-rays: Chest X-rays, Dental X-rays, Mammography, Bone X-rays, Fluoroscopy
4) By Ultrasound: Abdominal Ultrasound, Cardiac Ultrasound, Obstetric And Gynecological Ultrasound, Vascular Ultrasound, Musculoskeletal Ultrasound
5) By Nuclear Imaging: Positron Emission Tomography (PET), Single Photon Emission Computed Tomography (SPECT), Bone Scans, Thyroid Scans, Cardiac Scans

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Which Top Companies are Driving Growth in the Artificial Intelligence in Medical Imaging Market?
Major companies operating in the artificial intelligence in medical imaging market report are 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

Which Regions Will Dominate the Artificial Intelligence in Medical Imaging Market Through 2029?
North America was the largest region in the AI in medical imaging market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial intelligence in medical imaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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