AI in medical imaging market to reach 1579.33M by 2028

The comprehensive industry research on ‘Global Artificial Intelligence in Medical Imaging Market’ published by Data Bridge Market research which includes growth analysis, regional marketing, challenges, opportunities, and drivers analyzed in the report. The report carefully examines the global Artificial Intelligence in Medical Imaging Market, with a focus on most of the major players and their business strategies, geographical scope, market segments, product landscape and price, and cost structure. It also assists in market segmentation according to industry latest and upcoming trends to the bottom-most level, topographical markets and key advancement from both market and technology aligned perspectives. Each section of the Artificial Intelligence in Medical Imaging Market business research report is specially prepared to investigate key aspects of the market. This document also entails a detailed analysis of the current applications and comparative analysis with a keen focus on the opportunities and threats and competitive analysis of major companies.

Data Bridge Market Research analyses the market to reach at an estimated value of USD 1,579.33 million and grow at a CAGR of 4.11% in the above-mentioned forecast period. Increased numbers of diagnostic procedures drives the artificial intelligence in medical imaging market.

The world class Artificial Intelligence in Medical Imaging market analysis report enables the marketer to keep pace with the changing environment. Increasing competition, rapid developments in technological, ever changing attitudes of consumers, changing tastes and preferences are some of the important factors which call for changes in the approach to the markets by an international marketer. The top notch Artificial Intelligence in Medical Imaging business report helps a company to identify the problems and opportunities in the environment. By designing suitable strategy, a marketer can successfully overcome the problems and utilize the opportunities for the business.

Market synopsis: –
Medical imaging can be described as the diagnostic procedure that involves the creation of visual aids and image representations of the human body, and involves the monitoring of performance and functioning of the organs of the human body. With the integration of artificial intelligence (AI) in healthcare and medical imaging, there is a change in the way the diagnostics and the entire procedure is carried out. The AI assists the surgeons in carrying out the image capturing process and how to diagnose these images for the conclusion and personalized treatment in respect to every individual and patient. Artificial intelligence mainly consists of two types, robots and machine learning. Machine learning involves the recognition and application of algorithm in computer systems for the rendering of images. Whereas, robots are engaged in the assistance of patients, doctors and operators in the visualization and diagnostic procedures.

Rising ability and achievement of personalized treatment, improved procedures and treatment of the patients is the vital factor escalating the market growth, also rise in the number of diagnostic procedures, increasing prevalence of diseases, rising favorable reimbursement policies, rising presence of key players and the favorable government regulations, rising rapidly evolving healthcare infrastructure in Asian countries such as China, Indonesia, and India and growing prevalence of various lifestyle associated chronic diseases such as cancer and cardiovascular conditions are the major factors among others driving the artificial intelligence in medical imaging market. Moreover, rising technological advancements and modernization in the healthcare sector and rising emerging markets with increasing geriatric population base will further create new opportunities for artificial intelligence in medical imaging market in the forecasted period.

However, rising lack of integration and practical applications of artificial intelligence and increasing cost and reluctance of adoption of these systems are the major factors among others which will obstruct the market growth, and will further challenge the growth of artificial intelligence in medical imaging market in the forecast period mentioned above.

Some of the major players operating in the artificial intelligence in medical imaging market are
BenevolentAI, OrCam, Babylon, Freenome Inc., Clarify Health Solutions, BioXcel Therapeutics, Ada Health GmbH, GNS Healthcare, Zebra Medical Vision Inc., Qventus Inc, IDx Technologies Inc., K Health, Prognos, Medopad Ltd., Viz.ai Inc., Voxel Technology, Renalytix AI plc, Beijing Pushing Technology Co. Ltd., PAIGE, mPulse Mobile, Suki AI Inc., BERG LLC, Zealth Inc., OWKIN INC., and Your.MD Ltd. UK among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately. Data Bridge Market Research