POC Medical Imaging Market Size
Healthcare Services

How Will The POC Medical Imaging Market Globally Expand In 2023?

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s POC medical imaging market report forecasts the POC medical imaging market size to grow to $1.58 Billion by 2027, with a CAGR (compound annual growth rate) of more than 4%.

Learn More On The POC Medical Imaging Market Report 2023 – https://www.thebusinessresearchcompany.com/report/poc-medical-imaging-global-market-report

POC Medical Imaging Market Size Forecast
The global POC medical imaging market is expected to grow from $1.30 billion in 2022 to $1.34 billion in 2023 at a compound annual growth rate (CAGR) of 3.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global POC medical imaging market size is expected to reach $1.58 billion in 2027 at a CAGR of 4.2%.

North America held the largest POC medical imaging market share, and Asia-Pacific was the fastest-growing region in 2022.

Key POC Medical Imaging Market Driver ­– Rise In The Prevalence Of Chronic Diseases
For example, the World Health Organisation, a Swiss-based international public health organisation, stated in September 2022 that chronic diseases were responsible for 74% of all deaths worldwide. Every year, over 17 million people die before the age of 70 as a result of chronic diseases, with low- and middle-income nations accounting for 86% of these deaths. Furthermore, chronic diseases are anticipated to rise to 70% by 2030, with the global disease burden rising to 56%. As a result, the increased prevalence of chronic diseases is propelling the point-of-care medical imaging market ahead.

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Key POC Medical Imaging Market Trend – Advancements In Artificial Intelligence In Healthcare
To maintain their market position, companies in the point-of-care medical imaging market are creating artificial intelligence-integrated point-of-care medical imaging equipment and tools. For example, in April 2021, GE HealthCare Technologies Inc., a medical technology firm based in the United States, unveiled Venue Fit, an AI-driven point-of-care ultrasound (POCUS) system. Venue Fit provides cardiac imaging at the point of care. Scanning tools, a touch screen, and a tiny footprint are among the features of this gadget. Venue Fit includes an AI technology that physicians primarily utilise as a real-time entity structure and integrated quality indicator.

POC Medical Imaging Market Segment
1) By Product: X-Ray, CT, Ultrasound
2) By Application: Cardiology, Gynecology Or Obstetrics, Oncology, Orthopedics, Neurology, Other Applications
3) By End-User: Hospitals, Clinics and Diagnostic Centers, Ambulatory Surgical Centers (ASCs), Home Care Settings

POC Medical Imaging Market Major Players and Strategies
Major players in the POC medical imaging market are GE HealthCare Technologies Inc., Siemens Healthineers AG, Canon Medical Systems Corp., Samsung Medison Co Ltd., Xoran Technologies LLC., NeuroLogica Corp, Fujifilm Holdings Corporation, Carestream Health Inc., Philips Medical Systems Technologies Ltd., Mindray Medical India Pvt Ltd., Esaote Biomedica SpA, CurveBeam AI UK Limited., Planmed Oy, F. Hoffman-La Roche Ltd., and Becton, Dickinson and Company.

Exo, a US-based manufacturer of health information and handheld ultrasound devices, purchased Medo AI for an unknown sum in July 2022. Exo will be able to combine AI-enabled ultrasound picture access technology to simplify POC ultrasound, allowing carers to simply obtain and understand ultrasound images as a result of this purchase. Through AI-automated image gathering and analysis, this AI technology enables the diagnosis of common and critical conditions. Medo AI is an AI-driven ultrasound technology developer based in Canada.

The POC Medical Imaging Global Market Report 2023 covers regional data on POC medical imaging market size, POC medical imaging market trends and drivers, opportunities, strategies, and POC medical imaging market competitor analysis. The countries covered in the POC medical imaging market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

POC medical imaging refers to medical testing in healthcare settings using portable or handheld imaging technologies to obtain quick diagnostic pictures at the patient’s bedside or point of care, allowing for rapid decision-making and treatment planning. It is utilised to deliver imaging to patients for clinical research purposes.

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