Artificial Intelligence in Medical Imaging Market Business Opportunities, Future Industry Trends, Strategies, Revenue, Challenges, Top Players and Forecast

The Artificial Intelligence in Medical Imaging Market research report serves as a fundamental pillar for the growth of businesses, whether small or large. The report employs unparalleled and well-established tools and techniques such as SWOT analysis and Porter's Five Forces analysis throughout, facilitating forecasting, analysis, and estimations. Competitive analysis of major players in the market is meticulously conducted, providing businesses with valuable insights to enhance their products and sales strategies. The market insights and analyses presented in the successful Artificial Intelligence in Medical Imaging Market research report are rooted in SWOT analysis, instilling confidence in businesses.

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Different illnesses are becoming more common, which has surged the number of diagnostic procedures performed, increasing the market demand. Increasing the ability and improving processes and treatment of the patients is essential to increasing the market growth. Scientists have used AI to access radiographic properties and automatically identify difficult patterns in imaging data. These factors are pushing the market growth.

Data Bridge Market Research analyses that the artificial intelligence in the medical imaging market, which was USD 753.9 million in 2022, would rise to USD 8,466.35 million by 2030 and is expected to undergo a CAGR of 35.3% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Market Definition

Medical imaging is a diagnostic procedure that includes the creation of visual aids for the human body and monitoring the performance and functioning of the organs. With the addition of artificial intelligence (AI) in healthcare and medical imaging, surgeons can get help in carrying out the image capturing process and diagnose these images for the conclusion and personalized treatment according to every individual and patient.

Some of the major players operating in the artificial intelligence in medical imaging market are:

BenevolentAI (U.K.)
OrCam (Israel).
BioXcel Therapeutics Inc (U.S.)
Aitia (U.S.)
Qventus (U.S.).
K Health (U.S.)
Prognos Health (U.S.).
ai, Inc (U.S.)
mPulse Mobile (U.S.)
Suki AI, Inc (U.S.)
ZealthLife technologies Pte. Ltd (Singapore)
Owkin Inc. (U.S.)
Siemens Healthineers AG (Germany)
EchoNous, Inc (U.S.)
Enlitic, Inc (U.S.)

Opportunities

Increasing Investments with AI Firms

Developing countries primarily focus most of their efforts on adopting their AI investments. This will assist the firms in making huge financial growth using AI with medical imaging. For instance, China is considered to be the leader in artificial intelligence by 2030. The strategy needs major government funding and investments for firms to adopt AI technologies more rapidly. Thus, this factor boosts the market growth.  

Increasing Product Approvals

There have been increasing product approvals that are beneficial for market growth. For instance, the FDA has given Philips SmartSpeed AI-based software its 510(k) approval in 2022, allowing them to provide ground-breaking high-speed, high-resolution MR imaging. Its huge compatibility allows quicker and higher-quality scans for nearly all patients with several illnesses, such as those with implants (97% of clinical protocols). Thus, this factor boosts market growth.

Global Artificial Intelligence in Medical Imaging Market Scope

The artificial intelligence in medical imaging market is segmented on the basis of technology, offering, deployment type, application, clinical applications and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Technology

Deep Learning
Computer Vision
NLP
Others

 Offering

Hardware
Software
Services

Deployment Type

On-Premise
Cloud

Application

X-Ray
CT
MRI
Ultrasound
Molecular Imaging

Clinical Applications

Breast
Lung
Neurology
Cardiovascular
Liver, Prostate
Colon
Musculoskeletal
Others

End User

Hospitals
Clinics
Research Laboratories
Others

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