REPORT OUTLOOK
Market Size | CAGR | Dominating Region |
---|---|---|
USD 6773.69 Million | 34.5% | North America |
By Component | By Modality | By End user |
---|---|---|
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SCOPE OF THE REPORT
Artificial Intelligence in Medical Diagnostics Market Overview
Artificial Intelligence (AI) In Diagnostics Market size was valued at USD 632.48 Million in 2022 and is projected to reach USD 6773.69 Million by 2029, growing at a CAGR of 34.5% from 2023 to 2029.
Every fireplace, whether in a house or a steam engine, has a firebox. They are heavily utilized for heating, and to a lesser extent for cooking and decorating. Fireboxes come in a variety of sizes to suit the needs of the clients. A fire grate or log pan, a fire screen, and cast refractory panels make up a conventional firebox. Because of factors like increasing government initiatives to promote the use of AI-based technologies, increasing adoption of AI solutions by radiologists to ease work pressure, the influx of big data, funding opportunities for AI-based startups, and an increase in cross-industry partnerships and collaborations, the use of AI in medical diagnostics is expanding quickly. However, the lack of a skilled AI workforce, ambiguity in regulations, and the reluctance among medical practitioners to adopt these solutions are factors expected to restrain the market growth. Key factors that are driving the market growth include growing demand for reducing diagnostic cost, improving patient care, reducing machine downtime coupled with growing demand for low-cost diagnostic techniques, effective & efficient report analysis, and quick diagnostic data generation.
Big data (huge and complex data) is produced at various phases of the care delivery process as a result of the industry’s growing digitization and adoption of information systems. With the increasing acceptance of EHRs, digitized laboratory slides, and high-resolution radiological images among healthcare practitioners over the past ten years, big data and analytical solutions have become exponentially more sophisticated and widely used. Particularly in the US, one of the top five big data businesses is healthcare. The usage of bidirectional patient portals, which enable patients to upload data and photos to their EMRs, is anticipated to result in an increase in the volume of big data in medical diagnostics in the upcoming years. There is a need to effectively manage the volume of huge and complex medical diagnostic data that is constantly growing.
ATTRIBUTE | DETAILS |
Study period | 2022-2029 |
Base year | 2022 |
Estimated year | 2023 |
Forecasted year | 2023-2029 |
Historical period | 2018-2021 |
Unit | Value (USD MILLION), (Thousand Unit) |
Segmentation | By Component, specialty, modality, end user, Region. |
By Component |
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By   Specialty |
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By Modality |
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By End user |
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By Region |
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Extensive growth in digital health has enabled healthcare providers to assist patients through novel treatment approaches. AI technologies offer doctors tools that help them diagnose and effectively treat patients better. Healthcare providers are increasingly accepting the potential benefits of AI-based solutions and the spectrum of applications it serves. Hence, there is a possibility that in the coming years, doctors and radiologists will be more inclined toward AI-based technologies in healthcare.
New research challenges, such as those related to interpretation and presentation, such as problems with automating parts and intelligent control of crowdsourcing, have been brought about by the rise in human interference with AI techniques and interest in learning about the machine learning process. Interpretation difficulties include difficulties AI systems have comprehending precise instructions and knowledge from humans. The delivery of the output and feedback methods from the AI system are among the presentation challenges. Thus, the greatest opportunity for AI engineers is to create human-aware AI systems.
The covid-19 The outbreak of the COVID-19 pandemic in 2020 was a global public health challenge. The number of cases was skyrocketing, and many countries had a huge burden on the health system. The COVID-19 disease mainly affects the lungs of the patients. Hence, cardiothoracic imaging in COVID-19 cases is a common diagnostic practice to identify the severity of the disease. The number of research studies using AI techniques to diagnose COVID-19 rapidly increased in 2020.
Artificial Intelligence in Medical Diagnostics Market Segment Analysis
Based on Diagnosis Type, the market is segmented into Radiology, Oncology, Neurology & Cardiology, Chest & Lungs, Pathology, and Others. Neurology & Cardiology accounted for the largest market share in 2020. Â Artificial intelligence (AI) is redrawing the healthcare landscape and neurology is no exception to this growing trend. The growing demand for early diagnosis and classification of disorders is expected to boost the segment growth.
Global AI in Medical Diagnostics market is segmented by Component into Software and Services. Among these Software is expected to have the highest growth in the forecast period. Despite the constraints of being short-staffed and dealing with growing imaging scan volumes, software solutions assist healthcare providers achieve a competitive edge. This is a major driver of the software market’s expansion. Many companies are developing software solutions for a variety of healthcare applications, which is a key factor in the software segment’s growth.
Global AI in Medical Diagnostics is divided by End-User into Hospitals, Diagnostic Imaging centers, Diagnostic Laboratories, Others. Among these Hospitals held the largest share in 2019. The growing number of diagnostic imaging operations conducted in hospitals can be attributable to this segment’s high share.
Artificial Intelligence in Medical Diagnostics Market Players
The major key players in the market are General Electric Co. (GE Healthcare), Siemens AG, Aidoc Medical Ltd., AliveCor Inc., Imagen Technologies Inc., VUNO Inc., IDx Technologies Inc., NovaSignal Corporation, Riverain Technologies LLC, and Zebra Medical Vision Ltd.
Many corporations are designing software solutions for different healthcare applications which in turn encouraging the development of the software segment. Budding acceptance of AI-driven healthcare operational support and healthcare informatics solutions by means of healthcare service suppliers and hospitals is projected to enhance the growth of services during years to come.
Who Should Buy? Or Key Stakeholders
- Manufacturing Companies
- Diagnostic centers
- Research Organizations
- Institutional Players
- Investors
- Regulatory Authorities
- Others
Artificial Intelligence in Medical Diagnostics Market Regional Analysis
The AI in medical diagnostics market by region includes North America, Asia-Pacific (APAC), Europe, South America, and Middle East & Africa (MEA).
- North America: includes the US, Canada, Mexico
- Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN and Rest of APAC
- Europe: includes UK, Germany, France, Italy, Spain, Russia, and Rest of Europe
- South America: includes Brazil, Argentina and Rest of South America
- Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and Rest of MEA
The North American healthcare artificial intelligence market has dominated the world market and is predicted to continue in this direction for the duration of the assessment. This expansion is accompanied by widespread HCIT solution adoption and a sharper focus on health management. Furthermore, it is expected that throughout the forecast period, Asia Pacific would emerge as a desirable and promising region that is developing at a rapid rate. The demand for AI in diagnostics in Asia Pacific is expected to increase over the next few years as a result of an increasing number of government initiatives encouraging healthcare providers and other healthcare administrations to adopt AI-based diagnostic technologies and accumulating funds from nonprofit organizations and private corporations to realize improved information exchange, better clinical outcomes, and cost reduction. Asia Pacific has promising development opportunities in AI in medical diagnostics due to a rising geriatric population in the region and government initiatives in countries such as China to integrate high-end solutions to overcome challenges associated with unequal medical resources distribution.
The COVID-19-caused pandemic has helped the global artificial intelligence diagnostic sector. During the COVID-19 epidemic, the use of AI diagnostic techniques for detecting the presence of viruses in the human body surged. The ability of AI-based technologies and solutions to operate quickly has led to a quicker adoption of AI in medical diagnostics. The ongoing COVID-19 epidemic exposed the flaws in the current healthcare system and hastened the introduction of digital technologies, such artificial intelligence (AI) in diagnostics, to precisely evaluate complex datasets and lessen the administrative and operational strain on clinicians.
Key Market Segments: Ai In Medical Diagnostics Market
Ai In Medical Diagnostics Market by Component, 2022-2029, (USD Million), (Thousand Unit)
- Software
- Services
Ai In Medical Diagnostics Market by Specialty, 2022-2029, (USD Million), (Thousand Unit)
- Radiology
- Cardiology
- Neurology
- Gynecology
- Oncology
Ai In Medical Diagnostics Market by Modality, 2022-2029, (USD Million), (Thousand Unit)
- MRI
- CT
- X-Ray
- Ultrasound
Ai In Medical Diagnostics Market by End User Industry, 2022-2029, (USD Million), (Thousand Unit)
- Hospital
- Diagnostic Centers
Ai In Medical Diagnostics Market by Region, 2022-2029, (USD Million), (Thousand Unit)
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
Important Countries in All Regions Are Covered.
Key Question Answered
- What is the current size of the Artificial Intelligence in Medical Diagnostics market?
- What are the key factors influencing the growth of Artificial Intelligence in Medical Diagnostics?
- What are the major applications for Artificial Intelligence in Medical Diagnostics?
- Who are the major key players in the Artificial Intelligence in Medical Diagnostics market?
- Which region will provide more business opportunities for Artificial Intelligence in Medical Diagnostics in future?
- Which segment holds the maximum share of the Artificial Intelligence in Medical Diagnostics market?
Table of Content
- Introduction
-
- Market Definition
- Market Segmentation
- Research Timelines
- Assumptions and Limitations
- Research Methodology
- Data Mining
- Secondary Research
- Primary Research
- Subject-Matter Experts’ Advice
- Quality Checks
- Final Review
- Data Triangulation
- Bottom-Up Approach
- Top-Down Approach
- Research Flow
- Data Sources
- Data Mining
- Executive Summary
- Market Overview
- Global AI In Medical Diagnostics Market Outlook
- Market Drivers
- Market Restraints
- Market Opportunities
- Impact of Covid-19 On AI In Medical Diagnostics Market
- Porter’s five forces model
- Threat from new entrants
- Threat from substitutes
- Bargaining power of suppliers
- Bargaining power of customers
- Degree of competition
- Industry value chain Analysis
- Global AI In Medical Diagnostics Market Outlook
- Global AI In Medical Diagnostics Market by Components (USD Million)
- Software
- Hardware
- Services
- Global AI In Medical Diagnostics Market by Diagnosis (USD Million)
- Cardiology
- Oncology
- Pathology
- Radiology
- Chest and Lung
- Neurology
- Global AI In Medical Diagnostics Market by End User (USD Million)
- Hospitals
- Diagnostic Imaging Centers
- Diagnostic Laboratories
- Global AI In Medical Diagnostics Market by Region
- North America
- US
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Colombia
- Rest Of South America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest Of Europe
- Asia Pacific
- India
- China
- Japan
- South Korea
- Australia
- South-East Asia
- Rest Of Asia Pacific
- Middle East and Africa
- UAE
- Saudi Arabia
- South Africa
- Rest Of Middle East and Africa
- North America
- Company Profiles* (Business Overview, Company Snapshot, Products Offered, Recent Developments)
- Microsoft Corporation
- NVIDIA
- IBM
- Intel
- Siemens Healthineers
- GE Healthcare
- Digital Diagnostics
- Xilinx
- InformAI
- Enlitic *The Company List Is Indicative
LIST OF TABLES
TABLE 1Â Â Â Â Â Â Â Â Â GLOBAL AI IN MEDICAL DIAGNOSTICS MARKET BY COMPONENTS (USD MILLIONS) 2020-2029
TABLE 2Â Â Â Â Â Â Â Â GLOBAL AI IN MEDICAL DIAGNOSTICS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 3Â Â Â Â Â Â Â Â GLOBAL AI IN MEDICAL DIAGNOSTICS MARKET BY DIAGNOSIS (USD MILLIONS) 2020-2029
TABLE 4Â Â Â Â Â Â Â Â GLOBAL AI IN MEDICAL DIAGNOSTICS MARKET BY REGION (USD MILLIONS) 2020-2029
TABLE 5Â Â Â Â Â Â Â Â Â US AI IN MEDICAL DIAGNOSTICS MARKET BY COMPONENTS (USD MILLIONS) 2020-2029
TABLE 6Â Â Â Â Â Â Â Â Â US AI IN MEDICAL DIAGNOSTICS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 7Â Â Â Â Â Â Â Â Â US AI IN MEDICAL DIAGNOSTICS MARKET BY DIAGNOSIS (USD MILLIONS) 2020-2029
TABLE 8Â Â Â Â Â Â Â Â CANADA AI IN MEDICAL DIAGNOSTICS MARKET BY COMPONENTS (USD MILLIONS) 2020-2029
TABLE 9Â Â Â Â Â Â Â Â CANADA AI IN MEDICAL DIAGNOSTICS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 10Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA AI IN MEDICAL DIAGNOSTICS MARKET BY DIAGNOSIS (USD MILLIONS) 2020-2029
TABLE 11Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO AI IN MEDICAL DIAGNOSTICS MARKET BY COMPONENTS (USD MILLIONS) 2020-2029
TABLE 12Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO AI IN MEDICAL DIAGNOSTICS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 13Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO AI IN MEDICAL DIAGNOSTICS MARKET BY DIAGNOSIS (USD MILLIONS) 2020-2029
TABLE 14Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL AI IN MEDICAL DIAGNOSTICS MARKET BY COMPONENTS (USD MILLIONS) 2020-2029
TABLE 15Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL AI IN MEDICAL DIAGNOSTICS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 16Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL AI IN MEDICAL DIAGNOSTICS MARKET BY DIAGNOSIS (USD MILLIONS) 2020-2029
TABLE 17Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA AI IN MEDICAL DIAGNOSTICS MARKET BY COMPONENTS (USD MILLIONS) 2020-2029
TABLE 18Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA AI IN MEDICAL DIAGNOSTICS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 19Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA AI IN MEDICAL DIAGNOSTICS MARKET BY DIAGNOSIS (USD MILLIONS) 2020-2029
TABLE 20Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA AI IN MEDICAL DIAGNOSTICS MARKET BY COMPONENTS (USD MILLIONS) 2020-2029
TABLE 21Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA AI IN MEDICAL DIAGNOSTICS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 22Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA AI IN MEDICAL DIAGNOSTICS MARKET BY DIAGNOSIS (USD MILLIONS) 2020-2029
TABLE 23Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA AI IN MEDICAL DIAGNOSTICS MARKET BY COMPONENTS (USD MILLIONS) 2020-2029
TABLE 24Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA AI IN MEDICAL DIAGNOSTICS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 25Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA AI IN MEDICAL DIAGNOSTICS MARKET BY DIAGNOSIS (USD MILLIONS) 2020-2029
TABLE 26Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA AI IN MEDICAL DIAGNOSTICS MARKET BY COMPONENTS (USD MILLIONS) 2020-2029
TABLE 27Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA AI IN MEDICAL DIAGNOSTICS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 28Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA AI IN MEDICAL DIAGNOSTICS MARKET BY DIAGNOSIS (USD MILLIONS) 2020-2029
TABLE 29Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA AI IN MEDICAL DIAGNOSTICS MARKET BY COMPONENTS (USD MILLIONS) 2020-2029
TABLE 30Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA AI IN MEDICAL DIAGNOSTICS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 31Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA AI IN MEDICAL DIAGNOSTICS MARKET BY DIAGNOSIS (USD MILLIONS) 2020-2029
TABLE 32Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN AI IN MEDICAL DIAGNOSTICS MARKET BY COMPONENTS (USD MILLIONS) 2020-2029
TABLE 33Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN AI IN MEDICAL DIAGNOSTICS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 34Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN AI IN MEDICAL DIAGNOSTICS MARKET BY DIAGNOSIS (USD MILLIONS) 2020-2029
TABLE 35Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA AI IN MEDICAL DIAGNOSTICS MARKET BY COMPONENTS (USD MILLIONS) 2020-2029
TABLE 36Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA AI IN MEDICAL DIAGNOSTICS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 37Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA AI IN MEDICAL DIAGNOSTICS MARKET BY DIAGNOSIS (USD MILLIONS) 2020-2029
TABLE 38Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA AI IN MEDICAL DIAGNOSTICS MARKET BY COMPONENTS (USD MILLIONS) 2020-2029
TABLE 39Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA AI IN MEDICAL DIAGNOSTICS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 40Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA AI IN MEDICAL DIAGNOSTICS MARKET BY DIAGNOSIS (USD MILLIONS) 2020-2029
TABLE 41Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA AI IN MEDICAL DIAGNOSTICS MARKET BY COMPONENTS (USD MILLIONS) 2020-2029
TABLE 42Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA AI IN MEDICAL DIAGNOSTICS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 43Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA AI IN MEDICAL DIAGNOSTICS MARKET BY DIAGNOSIS (USD MILLIONS) 2020-2029
TABLE 44Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC AI IN MEDICAL DIAGNOSTICS MARKET BY COMPONENTS (USD MILLIONS) 2020-2029
TABLE 45Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC AI IN MEDICAL DIAGNOSTICS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 46Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC AI IN MEDICAL DIAGNOSTICS MARKET BY DIAGNOSIS (USD MILLIONS) 2020-2029
TABLE 47Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY AI IN MEDICAL DIAGNOSTICS MARKET BY COMPONENTS (USD MILLIONS) 2020-2029
TABLE 48Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY AI IN MEDICAL DIAGNOSTICS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 49Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY AI IN MEDICAL DIAGNOSTICS MARKET BY DIAGNOSIS (USD MILLIONS) 2020-2029
TABLE 50Â Â Â Â Â Â Â Â Â Â Â Â Â UK AI IN MEDICAL DIAGNOSTICS MARKET BY COMPONENTS (USD MILLIONS) 2020-2029
TABLE 51Â Â Â Â Â Â Â Â Â Â Â Â Â UK AI IN MEDICAL DIAGNOSTICS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 52Â Â Â Â Â Â Â Â Â Â Â Â Â UK AI IN MEDICAL DIAGNOSTICS MARKET BY DIAGNOSIS (USD MILLIONS) 2020-2029
TABLE 53Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE AI IN MEDICAL DIAGNOSTICS MARKET BY COMPONENTS (USD MILLIONS) 2020-2029
TABLE 54Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE AI IN MEDICAL DIAGNOSTICS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 55Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE AI IN MEDICAL DIAGNOSTICS MARKET BY DIAGNOSIS (USD MILLIONS) 2020-2029
TABLE 56Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY AI IN MEDICAL DIAGNOSTICS MARKET BY COMPONENTS (USD MILLIONS) 2020-2029
TABLE 57Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY AI IN MEDICAL DIAGNOSTICS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 58Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY AI IN MEDICAL DIAGNOSTICS MARKET BY DIAGNOSIS (USD MILLIONS) 2020-2029
TABLE 59Â Â Â Â Â Â Â Â Â Â Â Â Â SPAIN AI IN MEDICAL DIAGNOSTICS MARKET BY COMPONENTS (USD MILLIONS) 2020-2029
TABLE 60Â Â Â Â Â Â Â Â Â Â Â Â Â SPAIN AI IN MEDICAL DIAGNOSTICS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 61Â Â Â Â Â Â Â Â Â Â Â Â Â SPAIN AI IN MEDICAL DIAGNOSTICS MARKET BY DIAGNOSIS (USD MILLIONS) 2020-2029
TABLE 62Â Â Â Â Â Â Â Â Â Â Â Â Â RUSSIA AI IN MEDICAL DIAGNOSTICS MARKET BY COMPONENTS (USD MILLIONS) 2020-2029
TABLE 63Â Â Â Â Â Â Â Â Â Â Â Â Â RUSSIA AI IN MEDICAL DIAGNOSTICS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 64Â Â Â Â Â Â Â Â Â Â Â Â Â RUSSIA AI IN MEDICAL DIAGNOSTICS MARKET BY DIAGNOSIS (USD MILLIONS) 2020-2029
TABLE 65Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE AI IN MEDICAL DIAGNOSTICS MARKET BY COMPONENTS (USD MILLIONS) 2020-2029
TABLE 66Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE AI IN MEDICAL DIAGNOSTICS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 67Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE AI IN MEDICAL DIAGNOSTICS MARKET BY DIAGNOSIS (USD MILLIONS) 2020-2029
TABLE 68Â Â Â Â Â Â Â Â Â Â Â Â Â UAE AI IN MEDICAL DIAGNOSTICS MARKET BY COMPONENTS (USD MILLIONS) 2020-2029
TABLE 69Â Â Â Â Â Â Â Â Â Â Â Â Â UAE AI IN MEDICAL DIAGNOSTICS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 70Â Â Â Â Â Â Â Â Â Â Â Â Â UAE AI IN MEDICAL DIAGNOSTICS MARKET BY DIAGNOSIS (USD MILLIONS) 2020-2029
TABLE 71Â Â Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA AI IN MEDICAL DIAGNOSTICS MARKET BY COMPONENTS (USD MILLIONS) 2020-2029
TABLE 72Â Â Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA AI IN MEDICAL DIAGNOSTICS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 73Â Â Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA AI IN MEDICAL DIAGNOSTICS MARKET BY DIAGNOSIS (USD MILLIONS) 2020-2029
TABLE 74Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA AI IN MEDICAL DIAGNOSTICS MARKET BY COMPONENTS (USD MILLIONS) 2020-2029
TABLE 75Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA AI IN MEDICAL DIAGNOSTICS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 76Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA AI IN MEDICAL DIAGNOSTICS MARKET BY DIAGNOSIS (USD MILLIONS) 2020-2029
TABLE 77Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA AI IN MEDICAL DIAGNOSTICS MARKET BY COMPONENTS (USD MILLIONS) 2020-2029
TABLE 78Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA AI IN MEDICAL DIAGNOSTICS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 79Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA AI IN MEDICAL DIAGNOSTICS MARKET BY DIAGNOSIS (USD MILLIONS) 2020-2029
LIST OF FIGURES
FIGURE 1Â Â Â Â Â Â Â MARKET DYNAMICS
FIGURE 2Â Â Â Â Â Â Â MARKET SEGMENTATION
FIGURE 3Â Â Â Â Â Â Â REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4Â Â Â Â Â Â Â DATA TRIANGULATION
FIGURE 5Â Â Â Â Â Â Â BOTTOM-UP APPROACH
FIGURE 6Â Â Â Â Â Â Â TOP-DOWN APPROACH
FIGURE 7Â Â Â Â Â Â Â RESEARCH FLOW
FIGURE 8Â Â Â Â Â Â Â GLOBAL AI IN MEDICAL DIAGNOSTICS MARKET BY COMPONENTS, USD MILLION, 2020-2029
FIGURE 9Â Â Â Â Â Â Â GLOBAL AI IN MEDICAL DIAGNOSTICS MARKET BY DIAGNOSIS, USD MILLION, 2020-2029
FIGURE 10Â Â Â Â Â GLOBAL AI IN MEDICAL DIAGNOSTICS MARKET BY END USER, USD MILLION, 2020-2029
FIGURE 11Â Â Â Â Â GLOBAL AI IN MEDICAL DIAGNOSTICS MARKET BY REGION, USD MILLION, 2020-2029
FIGURE 12          PORTER’S FIVE FORCES MODEL
FIGURE 13Â Â Â Â Â Â Â Â Â Â NORTH AMERICA AI IN MEDICAL DIAGNOSTICS MARKET SNAPSHOT
FIGURE 14Â Â Â Â Â Â Â Â Â Â EUROPE AI IN MEDICAL DIAGNOSTICS MARKET SNAPSHOT
FIGURE 15Â Â Â Â Â Â Â Â Â Â ASIA PACIFIC AI IN MEDICAL DIAGNOSTICS MARKET SNAPSHOT
FIGURE 16Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA AI IN MEDICAL DIAGNOSTICS MARKET SNAPSHOT
FIGURE 17Â Â Â Â Â Â Â Â Â Â MIDDLE EAST & AFRICA AI IN MEDICAL DIAGNOSTICS MARKET SNAPSHOT
FIGURE 18Â Â Â Â Â Â Â Â Â Â MARKET SHARE ANALYSIS
FIGURE 19Â Â Â Â Â Â Â Â Â Â MICROSOFT CORPORATION: COMPANY SNAPSHOT
FIGURE 20Â Â Â Â Â Â Â Â Â Â NVIDIA: COMPANY SNAPSHOT
FIGURE 21Â Â Â Â Â Â Â Â Â Â IBM: COMPANY SNAPSHOT
FIGURE 22Â Â Â Â Â Â Â Â Â Â INTEL: COMPANY SNAPSHOT
FIGURE 23Â Â Â Â Â Â Â Â Â Â SIEMENS HEALTHINEERS COMPANY SNAPSHOT
FIGURE 24Â Â Â Â Â Â Â Â Â Â GE HEALTHCARE: COMPANY SNAPSHOT
FIGURE 25Â Â Â Â Â Â Â Â Â Â DIGITAL DIAGNOSTICS: COMPANY SNAPSHOT
FIGURE 26Â Â Â Â Â Â Â Â Â Â XILINX: COMPANY SNAPSHOT
FIGURE 27Â Â Â Â Â Â Â Â Â Â INFORMAI: COMPANY SNAPSHOT
FAQ
The AI in Medical Diagnostics market size had crossed USD 632.48 million in 2021 and will observe a CAGR of more than 34.5 % up to 2029 driven by increasing adoption of AI solutions by radiologists to reduce work pressure, the influx of big data, availability of funding for AI-based startups.
North America held more than 35 % of the AI In Medical Diagnostics market revenue share in 2021 and will witness drive the adoption of AI-based technologies, increasing adoption of AI solutions by radiologists to reduce work pressure, the influx of big data, availability of funding for AI-based startups, and the growing number of cross-industry partnerships & collaborations.
The key driver is increasing digitization and adoption of information systems in the healthcare industry, big data (large and complex data) is generated at various stages of the care delivery process.
Neurology & Cardiology accounted for the largest market share in 2020. Artificial intelligence (AI) is redrawing the healthcare landscape and neurology is no exception to this growing trend. The growing demand for early diagnosis and classification of disorders is expected to boost the segment growth.
Due to significant demand from end-use sectors such as electrical and electronics, medical devices, and automotive, Asia Pacific is expected to lead the market over the projection period. China, India, and Japan are three of the main Asian markets expected to have a beneficial impact on the worldwide FDS industry. The expansion is expected to be fueled by rising per capita disposable income and strong industrial sector growth.
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