AI in Medical Imaging Market Set for Remarkable Growth, Projected to Reach USD 20.21 Billion by 2030
Summary: The AI in Medical Imaging Market, valued at USD 2.34 billion in 2023, is expected to soar to USD 20.21 billion by 2030. With a remarkable compound annual growth rate (CAGR) of 36.07% during the forecast period, this market is poised for significant expansion, driven by advancements in AI technology and increasing demand for enhanced diagnostic imaging solutions.
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A) Market Size The AI in Medical Imaging Market is experiencing rapid growth, having reached a valuation of USD 2.34 billion in 2023. It is anticipated to grow at a CAGR of 36.07%, reaching an impressive USD 20.21 billion by 2030. This growth trajectory reflects the increasing integration of artificial intelligence in medical imaging applications, driven by technological advancements and rising healthcare demands.
B) Overview The AI in Medical Imaging Market report offers an in-depth analysis of the industry, focusing on primary and secondary drivers, market share, leading segments, and geographical trends. The study includes an examination of key players, strategic collaborations, mergers and acquisitions, and innovative trends in the field.
C) Market Scope The market analysis covers a comprehensive review using both primary and secondary research methodologies. This includes assessing current dynamics such as supply-demand imbalances, price trends, and consumer behaviors. Data collected is validated through advanced forecasting models to predict market growth until 2030.
D) Segmentation
- By Imaging Mode: X-ray, MRI, 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
E) Major Manufacturers
- North America: GE Healthcare, IBM Watson Health, NVIDIA Corporation, Aidoc, Butterfly Network
- Europe: Siemens Healthineers, Philips Healthcare, Sectra AB, Agfa-Gevaert Group, Zebra Medical Vision
- Asia-Pacific: Canon Medical Systems Corporation, Ping An Healthcare and Technology, Infervision, Carestream Health, Huiying Medical Technology
- Latin America: Grupo Fleury, Hospital Alemão Oswaldo Cruz, Inbrain Neuroelectronics, Inova, Radiologia Integrada
- Middle East and Africa: AIDoc Medical, AlemHealth, Quantib, Mirai Medical
F) Regional Analysis The report provides a detailed regional analysis of the AI in Medical Imaging market, covering North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. Each region is further broken down into specific countries and segments, with an overview of current trends and future opportunities.
G) COVID-19 Impact Analysis The COVID-19 pandemic has had a significant impact on the AI in Medical Imaging market. The report explores how the pandemic has influenced industry growth, including changes in organizational strategies, market potential, and key challenges. It provides a strategic analysis of the post-pandemic market landscape and forecasts future trends.
H) Key Questions Answered
- What are the high-growth prospects in the AI in Medical Imaging market by product category, end-user, and region?
- Which market categories are expected to grow rapidly and why?
- Which regions are anticipated to experience the fastest growth, and what are the driving factors?
- What are the key drivers and challenges affecting the AI in Medical Imaging market?
- What vulnerabilities and risks should be considered?
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