Global AI-Enabled Medical Imaging Solutions Market Driven by Need for Early Disease Detection
Posted on 25 May 2023
The AI-enabled medical imaging solutions market is currently in its developmental stages, following the significant role of AI-based tools in combating the COVID-19 pandemic. The pandemic saw an upswing in the adoption of AI in clinical environments due to its various benefits in diagnosing, evaluating prognosis, predicting pandemics, and discovering drugs for COVID-19. COVID-19 had a positive impact on the use of AI in clinical settings and decision-making.
The global AI-enabled medical imaging solutions market is projected to grow at a CAGR of 25.76% from USD 1.85 billion in 2022 to USD 18.36 billion in 2032. The market growth will be driven by increased awareness of early chronic disease detection, improved clinical decisions and accuracy facilitated by AI, a shortage of healthcare workers, technological progress in AI-enabled products and their growing regulatory approvals, and an increase in the therapeutic applications of AI-enabled devices. These are the latest findings of Research and Markets (Dublin, Ireland), a market research firm.
Key opportunities in the global AI-enabled medical imaging solutions market include the adoption of AI-enabled medical imaging solutions in emerging nations, technological improvements in imaging devices, and the integration of AI and deep learning in imaging systems. The market is also expected to see an uptick in collaborations among players, the use of machine learning and deep learning in medical imaging, a variety of new product introductions, and companies expanding into the global AI-enabled medical imaging solutions market.
Based on modality, the AI-enabled medical imaging solutions market is expected to be dominated by the computed tomography (CT) segment. By product, the software segment is likely to dominate the market. Based on deployment model, the cloud- and web-based solutions segment is expected to dominate the market. On the basis of workflow, the AI-enabled medical imaging solutions market is expected to be dominated by the image analysis segment. By therapeutic application, the specialty imaging segment is likely to dominate the market. Geographically, North America will dominate the global AI-enabled medical imaging solutions market.
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