AI-Enabled Medical Imaging Solutions Market: Product Segmentation and Growth Prospects
AI-Enabled Medical Imaging Solutions Market trends –Advancement in technology
VANCOUVER, BRITISH COLUMBIA, CANADA, April 17, 2023 /EINPresswire.com/ — The global AI-Enabled Medical Imaging Solutions Market is forecasted to be worth USD 4,720.6 Million by 2027, according to a current analysis by Emergen Research. The market for AI-enabled medical imaging solutions is witnessing high demand due to the increased complexities of clinical decision-making. The integration of artificial intelligence in medical imaging has become an important requirement. It has the potential to transform medical imaging in both productivity and accuracy.
The market is gaining rapid popularity due to its benefits, such as the improvement in the efficiency of pathologists, radiologists, and other image-based diagnosticians. Artificial intelligence also boosts the volume of diagnostic imaging procedures in the diagnostic department and hospital. AI-enabled medical imaging solutions are expected to achieve growth as there is a development in the capability to detect cancer at an early age as well as track the growth of the tumor.
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Market Overview
The AI-enabled medical imaging solutions market was valued at USD 532.9 Million in 2019 and is expected to grow at a CAGR of 31.3% from 2020 to 2027. The increasing adoption of AI in healthcare, the rising prevalence of chronic diseases, and the growing demand for personalized medicine are the key factors driving market growth.
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the AI-Enabled Medical Imaging Solutions market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others.
Leading companies profiled in the report are:
Arterys Inc.,
Blackford Analysis Limited,
Aidoc,
Beijing Infervision Technology Co., Ltd.,
EnvoyAI,
ContextVision AB,
General Electric Company,
Fujifilm Holdings Corporation,
iCAD, Inc.,
Nuance Communications, Inc.
In addition to the information provided in the article, the AI-Enabled Medical Imaging Solutions Market report may offer the following additional information:
Market Segmentation: The report may provide a detailed segmentation analysis of the market based on product type, application, end-user, and geography.
Market Dynamics: The report may provide an analysis of the market dynamics, including drivers, restraints, opportunities, and challenges.
Competitive Landscape: The report may offer a comprehensive analysis of the competitive landscape of the market, including the market share of key players, their product portfolio, and business strategies.
Regional Analysis: The report may provide a detailed analysis of the market in different regions, including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Market Size & Forecast: The report may provide the market size and forecast for the AI-Enabled Medical Imaging Solutions Market in terms of value (USD Million) and volume (Units).
Company Profiles: The report may provide detailed profiles of key players in the market, including their financial information, product portfolio, and recent developments.
Investment Analysis: The report may offer an investment analysis of the market, including the investment opportunities, risks, and challenges for investors.
Market Trends: The report may provide an analysis of the latest market trends, including technological advancements, new product launches, and mergers & acquisitions in the market.
Key Highlights presented in the report:
In November 2020, Claritas HealthTech partnered with Google Cloud Health API to launch tRAD. The technology is a new AI-powered telehealth-radiology platform and will enable online access for patients to review their clinical reports, radiology images and communicate with their physicians on a single platform.
The Computed Tomography (CT) segment is growing due to the high prevalence of different lifestyles associated with chronic diseases such as cardiovascular conditions and cancer and the rise in the demand for advanced imaging solutions. The growing demand for imaging tools is impacting market demand.
There are several usages of machine learning due to the image acquisition process, from automated image protocol selection to ensure the patient is positioned correctly for the scan. It can lead to fewer repeat scans and saves time for both the patient and providers.
North America held a larger market share due to the increasing demand for AI from the U.S. and the presence of a large number of players in the region. The advanced healthcare infrastructure in the country and growing investment in R&D will also propel the market demand.
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Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the AI-Enabled Medical Imaging Solutions market expected to boost the growth of the industry in the coming years.
Market Segmentation by product type:
Product Outlook (Revenue, USD Billion; 2017-2027)
Software
Subscription Software License
Perpetual Software License
Fee-Per Case Software License
Hardware
Workflow Outlook (Revenue, USD Billion; 2017-2027)
Image Acquisition
Image Analysis
Reporting and Communication
Predictive Analysis and Risk Assessment
Detection
Triage
Diagnosis and Treatment Decision Support
Equipment Maintenance
Therapeutic Application Outlook (Revenue, USD Billion; 2017-2027)
General Imaging
Specialty Imaging
Oncology
Neurology
Orthopedics
Cardiology
Respiratory
Others
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Regional Analysis
North America holds the largest share of the AI-enabled medical imaging solutions market, owing to the increasing adoption of AI in healthcare and the presence of major market players in the region. Europe is the second-largest market, owing to the increasing government initiatives to promote the adoption of AI in healthcare. The Asia Pacific region is expected to grow at the highest CAGR during the forecast period, owing to the increasing healthcare expenditure and the growing demand for advanced medical imaging solutions.
Major Regions Covered in the AI-Enabled Medical Imaging Solutions Market Report:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Benefits of Buying the Global AI-Enabled Medical Imaging Solutions Report:
Comprehensive analysis of the changing competitive landscape
Assists in decision making processes for the businesses along with detailed strategic planning methodologies
The report offers an 8-year forecast and assessment of the Global AI-Enabled Medical Imaging Solutions Market
Helps in understanding the key product segments and their estimated growth rate
In-depth analysis of market drivers, restraints, trends, and opportunities
Comprehensive regional analysis of the Global AI-Enabled Medical Imaging Solutions Market
Extensive profiling of the key stakeholders of the business sphere
Detailed analysis of the factors influencing the growth of the Global AI-Enabled Medical Imaging Solutions Market
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