Global Artificial Intelligence in Cardiology Market to Reach $5.37 Billion by 2027, Signifying a Steady CAGR of 38.9%
The Business Research Company’s Artificial Intelligence in Cardiology Global Market Report 2023 – Market Size, Trends, And Forecast 2023-2027
LONDON, GREATER LONDON, UK, October 27, 2023 /EINPresswire.com/ — The global artificial intelligence in cardiology market is poised for significant expansion, projected to elevate from $1.03 billion in 2022 to $5.37 billion in 2027, showcasing a robust compound annual growth rate (CAGR) of 38.9%. Despite the disruptions caused by the Russia-Ukraine war and the persisting challenges of the COVID-19 pandemic, the integration of AI in cardiology is proving pivotal in early disease detection, ECG interpretation, and managing complex cardiovascular conditions.
Driving Forces: Addressing the Burden of Cardiovascular Diseases
The soaring prevalence of cardiovascular diseases globally is driving the adoption of artificial intelligence in cardiology, enabling efficient data analysis, accurate disease identification, and streamlining healthcare processes. Leveraging AI-driven solutions, the market is set to revolutionize the early detection and management of cardiac conditions, significantly reducing associated mortality rates.
Market Segments and Key Players
• Component: Hardware, Software Solutions, Services
• Application: Cardiac Arrhythmia, Stroke, Ischemic Heart Disease Or Coronary Artery Disease (CAD), Other Applications
• End-Use: Lifescience Companies, Healthcare Payers, Healthcare Providers
Key players, including Microsoft Corporation, International Business Machines Corporation, and Siemens Healthineers, are spearheading the market, driving innovations in AI-powered cardiology products and bolstering disease management strategies.
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Innovative Strides: AI-Powered Cardiology Solutions
A prominent trend in the market is the development of AI-driven digital stethoscope platforms for the precise detection of heart and lung diseases. Eko Health’s SENSORA, leveraging advancements in applied machine learning, exemplifies groundbreaking innovation in cardiovascular disease detection, providing clinicians with enhanced tools for accurate cardiac diagnostics.
Strategic Acquisitions Shaping Market Landscape
Strategic acquisitions, such as Anumana’s acquisition of NeuTrace, underscore the industry’s commitment to AI-driven medical software development for cardiac electrophysiology, enhancing the company’s portfolio and reinforcing its position in the competitive AI in cardiology landscape.
Gain comprehensive insights into the global artificial intelligence in cardiology market by exploring the full report here:
https://www.thebusinessresearchcompany.com/report/artificial-intelligence-in-cardiology-global-market-report
Artificial Intelligence In Cardiology Global Market Report 2023 from TBRC covers the following information:
• Market size date for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Artificial Intelligence In Cardiology Global Market Report 2023 by The Business Research Company is the most comprehensive report that provides insights on artificial intelligence in cardiology market size, artificial intelligence in cardiology market drivers and trends, artificial intelligence in cardiology market major players, AI in cardiology market competitors’ revenues, AI in cardiology market positioning, and AI in cardiology market growth across geographies. The artificial intelligence in cardiology market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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