AI in Medical Imaging Market : Overview, Market Dynamics, Market Trends, Segmentation, Competitive Analysis for 2023-2029
Market Analysis:
The Global AI in Medical Imaging Market is experiencing a significant transformation, driven by advancements in artificial intelligence technology. With applications ranging from oncology to cardiology, AI is enhancing diagnostic accuracy and improving patient outcomes. The integration of AI in medical imaging allows for faster analysis and more precise interpretations, addressing the increasing demand for high-quality medical diagnostics. This market is poised for robust growth as healthcare providers continue to adopt AI-driven imaging solutions to improve efficiency and reduce costs.
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Market Size:
The Global AI in Medical Imaging Market was valued at USD 1.72 billion in 2022 and is projected to reach USD 14.9 billion by 2029, growing at a remarkable CAGR of 36.07% during the forecast period. This growth is attributed to the rising adoption of AI technologies in healthcare, increasing prevalence of chronic diseases, and the need for advanced diagnostic tools. The market is also benefiting from substantial investments in AI research and development, which are expected to fuel further innovations in medical imaging.
Overview:
Maximize Market Research has added the report "AI in Medical Imaging Market, 2024-2030" to its comprehensive library of market research collaterals. This report provides a detailed market overview, current and future growth prospects, and various strategies employed by leading companies to maintain a competitive edge. It also covers recent developments, mergers and acquisitions, regional growth evaluations, and market growth challenges, offering a holistic view of the AI in Medical Imaging Market.
Covid-19 Impacts on AI in Medical Imaging Market:
The COVID-19 pandemic, which began in early 2020, significantly impacted the AI in Medical Imaging Market. The pandemic led to widespread disruptions in various industries, including healthcare. However, the AI in Medical Imaging sector witnessed an increased demand as healthcare providers sought innovative solutions to manage the crisis. AI-driven imaging tools played a crucial role in diagnosing and monitoring COVID-19, highlighting their importance in modern healthcare and accelerating market growth during the pandemic period.
Market Scope:
The research aims to assist in identifying the prospective target audience for the AI in Medical Imaging Market. It examines the ease of market entry for new companies, the frequency of market entry and exit, and the degree of market control by a few enterprises. The findings can be utilized for strategic business planning, including competitor analysis and understanding buyer dynamics.
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
Key Players Operating in AI in Medical Imaging Market:
North America:
- GE Healthcare (United States)
- IBM Watson Health (United States)
- NVIDIA Corporation (United States)
- Aidoc (United States)
- Butterfly Network (United States)
Europe:
- Siemens Healthineers (Germany)
- Philips Healthcare (Netherlands)
- Sectra AB (Sweden)
- Agfa-Gevaert Group (Belgium)
- Zebra Medical Vision (Israel)
Asia Pacific:
- Canon Medical Systems Corporation (Japan)
- Ping An Healthcare and Technology Company Limited (China)
- Infervision (China)
- Carestream Health (United States, with a strong presence in Asia Pacific)
- Huiying Medical Technology Co., Ltd. (China)
Latin America:
- Grupo Fleury (Brazil)
- Hospital Alemão Oswaldo Cruz (Brazil)
- Inbrain Neuroelectronics (Spain, with operations in Latin America)
- Inova (Mexico)
- Radiologia Integrada (Chile)
Middle East and Africa:
- AIDoc Medical (Israel)
- AlemHealth (United Arab Emirates)
- Quantib (South Africa)
- Mirai Medical (South Africa)
Report Provides:
The global AI in Medical Imaging Market report utilizes multi-dimensional analytical tools such as SWOT and PESTEL analysis to develop a comprehensive understanding of internal and external marketing aspects. The study includes market segmentation, CAGR (Compound Annual Growth Rate), BPS analysis, year-over-year growth (%), Porter's five force model, absolute dollar potential, and expected market cost structure. Key developments in the market, both organic and inorganic growth strategies, are highlighted, including product launches, approvals, patents, and events. The report offers an in-depth analysis of major market players, their strategies, and the competitive landscape, providing valuable insights for businesses operating in or entering the AI in Medical Imaging Market.
Table of Contents: Function as a Service Market:
- Introduction
- Research Methodology
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- AI in Medical Imaging Market Analysis
- Market Size and Forecast
- Market Segmentation
- Competitive Landscape
- Market Share Analysis
- Key Developments
- Company Profiles
- Overview
- Financial Performance
- Product Portfolio
- Strategies
- Regional Analysis
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Conclusion
- Appendix
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Key Questions Addressed:
- What are the primary factors helping the AI in Medical Imaging market's expansion?
- What is the competitive scenario in the AI in Medical Imaging market?
- Which product segment has the largest market share in the AI in Medical Imaging market?
- Which region has the largest proportion of the AI in Medical Imaging market?
- Who are the AI in Medical Imaging industry's major players?
- In 2027, how big will the AI in Medical Imaging market be?
- What will be the CAGR of the AI in Medical Imaging market during the forecast period?
- Which application category emerged as the market leader in the AI in Medical Imaging industry?
- Which company had the largest market share in AI in Medical Imaging?
- What major trends do you believe will emerge in the AI in Medical Imaging market in the coming years?
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