DUBLIN--(BUSINESS WIRE)--The "AI In Medical Imaging Market Size, Share & Trends Analysis Report By Technology (Deep Learning, NLP), By Application (Neurology, Respiratory & Pulmonary, Cardiology), By Modality, By End-use, By Region, And Segment Forecasts, 2022 - 2030" report has been added to ResearchAndMarkets.com's offering.
The global AI in medical imaging market size is expected to reach USD 8.18 billion by 2030. The market is expected to expand at a CAGR of 34.7% from 2022 to 2030.
Companies Mentioned
- Siemens Healthineers
- General Electric Company
- Koninklijke Philips N.V.
- IBM
- Agfa Healthcare
- Arterys
- Azmed
- Caption Health
- Gleamer
- Butterfly Network
Moreover, developed countries have been investing in offering people access to inexpensive and advanced healthcare systems in response to this demographic challenge, ultimately boosting the market growth.
Additionally, X-ray imaging technology is utilized to identify a variety of disorders, including fractures, infections, various malignancies, and arthritis. As a result, the rise in the incidence rate of these diseases is expected to have a positive impact on the market growth.
COVID-19 had a positive impact on the market as the majority of medical professionals chose imaging as one of the most popular COVID-19 screening modalities as it provided critical diagnostic in a short time. The entire set of imaging data has been used to research the virus and its effect on people of various demographics.
Many hospitals have resorted to medical imaging and image analytics techniques to improve the identification and control of the virus as nearly every healthcare organization is working to manage COVID-19 better and limit its spread. For instance, in June 2020, a hospital in Florida, the Tampa General Hospital employed AI-driven technology to check people for COVID-19 before they interacted with staff members and other patients.
The rising awareness regarding the benefits offered by Artificial Intelligence (AI) technologies and their application in the medical field has led to increased adoption of AI-based solutions, products, and services in the healthcare market.
Moreover, to develop advanced AI-based applications for the healthcare industry, several leading healthcare companies are adopting different strategies such as collaborations, mergers & acquisitions, and partnerships with top AI technology vendors to provide cutting-edge solutions to their clients and strengthen their position in this competitive market environment.
AI In Medical Imaging Market Report Highlights
- Based on technology, the deep learning segment held the largest share in 2021 owing to the usage of radiological applications such as object detection, image generation, image transformation, and image segmentation
- The NLP segment is anticipated to expand at the fastest CAGR of 35.7% during the forecast period as it comprehends and presents data in the form of current human language, images, and text
- Based on application, the neurology segment dominated the market with a revenue share of over 35.0% in 2021 owing to the increased use of AI in neurology as it enables higher accuracy, better patient care, and high efficiency
- The breast screening segment is anticipated to expand at the fastest CAGR of 41.5% during the forecast period owing to the rising demand for breast screening procedures due to the growing incidence rate of breast cancer in women
- Based on modality, the CT scanning segment dominated the market with a revenue share of over 35.0% in 2021. A wide variety of AI-based medical imaging solutions are being offered by both major and minor suppliers for use in the CT scan modality
- The X-rays segment is anticipated to grow at the fastest rate during the forecast period. The increased adoption of interventional x-ray equipment, such as C-arms, for image-guided surgeries is the key factor driving the segment
- In 2021, North America dominated the market due to its highly developed healthcare systems and high levels of disposable income. The demand for artificial intelligence in medical imaging has also been driven by the existence of important players and supportive governmental regulations
- Asia Pacific is anticipated to grow at the fastest rate of 37.2% during the forecast period. The incidence of diseases and the growing population can be attributed to regional market growth. Furthermore, rapidly evolving healthcare infrastructure in Asian countries such as China, Indonesia, and India is boosting market growth
Key Topics Covered:
Chapter 1 Report Scope and Objectives
Chapter 2 Methodology
Chapter 3 Executive Summary
Chapter 4 Market Variables, Trends & Scope
4.1 Market Lineage Outlook
4.1.1 Parent Market Outlook
4.1.2 Ancillary Market Outlook:
4.2 Ai In Medical Imaging Market Dynamics
4.2.1 Market Driver Analysis
4.2.2 Market Restraint Analysis
4.3 AI In Medical Imaging Market: Business Environment Analysis Tools
4.4 Penetration & Growth Prospect Mapping
4.5 Impact of COVID - 19 on AI in Medical Imaging Market
Chapter 5 AI in Medical Imaging Market: Technology Analysis
Chapter 6 AI in Medical Imaging Market: Application Analysis
Chapter 7 AI in Medical Imaging Market: Modality Analysis
Chapter 8 AI in Medical Imaging Market: End-use Analysis
Chapter 9 AI in Medical Imaging Market: Regional Analysis
Chapter 10 Competitive Analysis
10.1 Recent Developments & Impact Analysis, By Key Market Participants
10.2 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/vdefr3
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