Press release
AI in Medical Imaging Market Growth to Surge at 36.07% CAGR Through 2030
AI in Medical Imaging Market was valued at USD 2.34 billion in 2023 and is projected to reach USD 20.21 billion by 2030, growing at a CAGR of 36.07 % during the forecast period.AI in Medical Imaging Market Overview:
The AI in Medical Imaging market is experiencing rapid growth as healthcare providers increasingly integrate artificial intelligence technologies to enhance diagnostic accuracy and operational efficiency. AI-powered imaging solutions are revolutionizing the way radiologists and clinicians interpret medical scans, offering improved image analysis, early disease detection, and personalized patient care. The market encompasses a wide range of AI applications, including deep learning algorithms, computer-aided detection, and predictive analytics, addressing multiple imaging modalities such as MRI, CT scans, X-rays, and ultrasound.
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AI in Medical Imaging Market Outlook and Future Trends:
The future of AI in medical imaging looks promising, driven by continuous technological advancements and rising demand for efficient diagnostic solutions. Key trends include the adoption of cloud-based AI platforms, the integration of AI with wearable devices and point-of-care imaging, and the development of more sophisticated algorithms capable of detecting complex conditions with minimal human intervention. Additionally, regulatory support, coupled with increasing investments from healthcare and tech companies, is expected to accelerate innovation and broaden the adoption of AI-driven imaging tools globally.
AI in Medical Imaging Market Dynamics:
Several factors are shaping the dynamics of the AI in medical imaging market. The growing prevalence of chronic diseases, such as cancer and cardiovascular conditions, is driving the need for early and precise diagnosis. Moreover, the shortage of skilled radiologists worldwide creates an opportunity for AI solutions to bridge the gap in healthcare services. On the other hand, challenges such as high implementation costs, concerns over data privacy, and the need for standardized regulatory frameworks can affect market growth. Collaborations between technology providers and healthcare institutions are becoming essential to overcome these hurdles.
AI in Medical Imaging Market Key Recent Developments:
Recent developments in the AI in medical imaging market include strategic partnerships, mergers, and the launch of advanced imaging platforms with AI capabilities. Companies are focusing on enhancing software solutions with machine learning models capable of detecting multiple pathologies in real-time. Additionally, several new FDA-approved AI tools have entered the market, expanding the clinical applications of AI in diagnostics. Investment in research and development is also accelerating, with a focus on integrating AI with telemedicine and digital health platforms to improve patient outcomes and workflow efficiency.
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AI in Medical Imaging Market Segmentation:
by Imaging Mode
X-ray
MRI(Magnetic Resonance Imaging)
Computed Tomography scans
Ultrasound Imaging
Others
by Technology
Machine Learning
Natural Language Processing
Others
by Application
Oncology
Neurology
Cardiology
Radiology
Others
by End-User
Hospitals
Diagnostic Centers
Research Institutions
by Deployment Mode
On-Premise
Cloud Based
Some of the current players in the AI in Medical Imaging Market are:
1. North America:
2. GE Healthcare (United States)
3. IBM Watson Health (United States)
4. NVIDIA Corporation (United States)
5. Aidoc (United States)
6. Butterfly Network (United States)
7. Europe:
8. Siemens Healthineers (Germany)
9. Philips Healthcare (Netherlands)
10. Sectra AB (Sweden)
11. Agfa-Gevaert Group (Belgium)
12. Zebra Medical Vision (Israel)
13. Asia Pacific:
14. Canon Medical Systems Corporation (Japan)
15. Ping An Healthcare and Technology Company Limited (China)
16. Infervision (China)
17. Carestream Health (United States, with a strong presence in Asia Pacific)
18. Huiying Medical Technology Co., Ltd. (China)
19. Latin America:
20. Grupo Fleury (Brazil)
21. Hospital Alemão Oswaldo Cruz (Brazil)
22. Inbrain Neuroelectronics (Spain, with operations in Latin America)
23. Inova (Mexico)
24. Radiologia Integrada (Chile)
25. Middle East and Africa:
26. AIDoc Medical (Israel)
27. AlemHealth (United Arab Emirates)
28. Quantib (South Africa)
29. Mirai Medical (South Africa)
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