AI-Enabled Medical Imaging Solutions Market Size – USD 532.9 Million in 2019, Market Growth - CAGR of 31.3%, Market trends –Advancement in technology. The need for smart diagnosis to enhance the efficiency of the radiologist and increased adoption in hospitals is driving the demand for the market.

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. 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 Emergenresearch. will also propel the market demand.

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The need for smart diagnosis to enhance the efficiency of the radiologist and increased adoption in hospitals is driving the demand for the market.

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.

Key participants include Arterys Inc., Blackford Analysis Limited, Aidoc, Beijing Infervision Technology Co., Ltd., EnvoyAI, ContextVision AB, General Electric Company, Fujifilm Holdings Corporation, iCAD, Inc., and Nuance Communications, Inc., among others.

Product Outlook (Revenue, USD Billion; 2017-2027)

Software

Subscription Software License

Perpetual Software License

Fee-Per Case Software License

Hardware

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.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.

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

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The Global AI-Enabled Medical Imaging Solutions Market report provides full coverage of the companies’ data, including details about their production and manufacturing capacity, product portfolio, business overview, revenue, gross profit margins, sales network and distribution channel, financial standing, and market position. The report also studies business strategies and strategic alliances undertaken by companies to gain a robust footing in the market.

The report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deals. The comprehensive analysis of the competitive landscape offers the readers a deeper understanding about the competitors.

The latest report is the most recent study that offers 360° coverage of the AI-Enabled Medical Imaging Solutions  industry that has been facing the brunt of the adverse economic impact of the COVID-19 outbreak since the beginning of this year. The global health crisis has affected nearly every aspect of the business vertical and led to massive disruptions to the global AI-Enabled Medical Imaging Solutions  market demand and supply chains. Researchers draw predictions for the market scenario in the post-COVID era. The report, additionally, assesses the present market situation and estimates its future outcomes, keeping in mind the impact of the pandemic on the global economic landscape.

 

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Report Objective:

The global AI-Enabled Medical Imaging Solutions Market is extremely competitive and comprise various key players operating at global and regional levels. These players are adopting various strategies such as mergers and acquisitions, partnerships, collaborations, joint ventures, and new product launches to gain robust footing in the market and expand their product portfolio

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