Global Artificial Intelligence In Radiology Market Report 2024: Size, Drivers, And Top Segments
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What is the Expected Growth Rate of the Artificial Intelligence In Radiology Market from 2024 to 2033?
The artificial intelligence in radiology market increased from $1.68 billion in 2023 to $2.2 billion in 2024 at a CAGR of 30.8%, driven by the rising volume of imaging data, deep learning advancements, demand for diagnostic accuracy, regulatory standards, and efficiency improvements.
The artificial intelligence in radiology market will expand to $6.31 billion by 2028 with a CAGR of 30.2%, driven by AI algorithm advancements, EHR integration, and AI-powered image enhancement. Trends include telemedicine, imaging technology advancements, and automated report generation.
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What Key Factors Are Fueling the Growth of the Artificial Intelligence In Radiology Market?
The growing application of AI in healthcare is expected to propel the growth of artificial intelligence in the radiology market. AI-powered algorithms can analyze and interpret medical images, aiding radiologists in detecting abnormalities and improving diagnostic accuracy. AI enhances radiological workflows, leading to faster diagnoses. The Department for Science, Innovation & Technology in the UK invested $39.4 million in AI projects focused on improving patient care and diagnoses in 2021. The growing use of AI in healthcare is fueling the growth of AI in radiology.
What Are the Major Segments of the Artificial Intelligence In Radiology Market?
1) By Solution Type: AI Software, AI Hardware
2) By Modality: Computed Tomography (CT), Magnetic Resonance (MR), X-Ray, Mammography, Ultrasound (US), Other Modalities
3) By Application: Neurology, Chest And Lung, Musculoskeletal, Abdomen, Cardiology, Other Applications
4) By End-User: Hospitals, Diagnostic Imaging Centers, Other End-Users
What New Trends Are Transforming the Artificial Intelligence In Radiology Market?
Major companies in the artificial intelligence in radiology market are introducing new products like AI-powered radiology suites to improve diagnostic accuracy and efficiency. In November 2022, Viz.ai, a US-based healthcare software provider, launched the Viz radiology suite, an AI-powered system that integrates FDA-approved algorithms to analyze medical imaging data such as CT scans and echocardiograms. The suite automates assessments, accelerates diagnoses, and enhances patient outcomes.
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Which Regions Are Driving Growth in the Artificial Intelligence In Radiology Market?
North America was the largest region in the artificial intelligence in radiology market in 2023. The regions covered in the artificial intelligence in radiology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Artificial Intelligence In Radiology Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the artificial intelligence in radiology market, its market share, and analyzes key competitors along with their market positions.
The Table Of Content For The Artificial Intelligence In Radiology Market Include
1. Artificial Intelligence In Radiology Market Executive Summary
2. Artificial Intelligence In Radiology Market Segments
3. Artificial Intelligence In Radiology Market Size And Template Market Growth Rate
4. Key Artificial Intelligence In Radiology Market Trends
5. Major Artificial Intelligence In Radiology Market Drivers
……
25. Key Mergers And Acquisitions In The Artificial Intelligence In Radiology Market
26. Top Artificial Intelligence In Radiology Companies
27. Artificial Intelligence In Radiology Market Opportunities And Strategies
28. Artificial Intelligence In Radiology Market, Conclusions And Recommendations
29. Appendix
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