Overview and Scope
AI-enabled medical imaging solutions encompass a range of technologies that utilize artificial intelligence (AI) in medical imaging technology to increase diagnosis and treatment accuracy, efficiency, and customization. AI-enabled medical imaging solutions improve clinical decision-making and accuracy, alleviate healthcare personnel shortages, and support growing therapeutic applications.
Sizing and Forecast
The AI-enabled medical imaging market size has grown exponentially in recent years. It will grow from $1.68 billion in 2023 to $2.21 billion in 2024 at a compound annual growth rate (CAGR) of 32.0%. The growth in the historic period can be attributed to advancements in computer vision, digitization of medical images, proliferation of imaging modalities, evolution of machine learning algorithms, and availability of large datasets.
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Segmentation & Regional Insights
The ai-enabled medical imaging solutions market covered in this report is segmented –
1) By Product: Software, Hardware
2) By Modality: Computed Tomography (CT), Magnetic Resonance (MR), X-Ray, Ultrasound, Mammography, Multimodality Imaging Systems, Other Modalities
3) By Technology: Deep Learning, Natural Language Processing (NLP), Computer Vision, Other Technologies
4) By Application: Breast Imaging, Respiratory And Pulmonary, Neurology, Orthopedics, Other Applications
5) By Industry Vertical: Hospital And Healthcare Providers, Patients, Pharmaceuticals And Biotechnology Companies, Healthcare Payers, Other Industry Verticals
North America was the largest region in the AI-enabled medical imaging market in 2023. The regions covered in the ai-enabled medical imaging solutions market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The increasing prevalence of chronic disorders is expected to propel the growth of the AI-enabled medical imaging solutions market in the coming years. Chronic disorders, or chronic illnesses, are medical conditions that last longer than three months, such as cancer, diabetes, heart disease, arthritis, chronic obstructive pulmonary disease, asthma, and autoimmune diseases. AI-enabled medical imaging speeds up the early diagnosis of chronic illnesses by evaluating complicated imaging data, allowing for faster identification of anomalies and quicker intervention for better patient outcomes. For instance, in January 2023, according to a report published by the National Library of Medicine, a US-based medical library run by the federal government, the number of people aged 50 and older with one or more chronic diseases is expected to increase by 99.5%, totaling 142.66 million by 2050, compared to 71.522 million in 2020 in the United States of America. Therefore, the increasing prevalence of chronic disorders is driving the AI-enabled medical imaging solutions market.
Key Industry Players
Major companies operating in the ai-enabled medical imaging solutions market report are Siemens AG, IBM Corporation, NVIDIA Corporation, Fujifilm Holdings Corporation, Koninklijke Philips N.V., GE HealthCare Technologies, Inc, Zebra Technologies Corp., Agfa-Gevaert N.V., Carestream Health, Nuance Communications Inc, Aidoc, SyntheticMR , Butterfly Network Inc, EnvoyAI, ICAD INC., Arterys Inc., Beijing Infervision Technology Co. Ltd., Subtle Medical, Ziosoft , ContextVision AB, RADLogics Inc., Qview Medical Inc, Riverain Technologies , icometrix , DiA Imaging Analysis Ltd., Imagen AI , MaxQ AI Ltd.
The ai-enabled medical imaging solutions market report table of contents includes:
1. Executive Summary
2. AI-Enabled Medical Imaging Solutions Market Characteristics
3. AI-Enabled Medical Imaging Solutions Market Trends And Strategies
4. AI-Enabled Medical Imaging Solutions Market - Macro Economic Scenario
5. Global AI-Enabled Medical Imaging Solutions Market Size and Growth
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32. Global AI-Enabled Medical Imaging Solutions Market Competitive Benchmarking
33. Global AI-Enabled Medical Imaging Solutions Market Competitive Dashboard
34. Key Mergers And Acquisitions In The AI-Enabled Medical Imaging Solutions Market
35. AI-Enabled Medical Imaging Solutions Market Future Outlook and Potential Analysis
36. Appendix
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