Market Summery
The AI-assisted radiology market size was valued at USD 7.73 billion in 2022 and is projected to grow from USD 8.26 billion in 2023 to USD 10.02 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 33.18% during the forecast period (2023 - 2030). AI-assisted radiology solutions use artificial intelligence to help radiologists interpret medical images more accurately and efficiently. These solutions can identify and prioritize suspicious findings, generate reports, and even provide treatment recommendations.
Key Players
MRFR recognizes the following companies as the Global AI-assisted radiology market Players are
- GE Healthcare (US),
- FUJIFILM Corporation (Japan),
- Aidoc (Israel),
- ClariPi Inc. (South Korea),
- IBM Corporation (US),
- Koninklijke Philips N.V. (Netherlands),
- Siemens (Germany),
- Medtronic (Ireland),
- Gleamer (France), and
- Agfa-Gevaert Group (Belgium).
Segment Analysis
The global AI-assisted radiology market has been segmented based on technique, application, and end user.
On the basis of the end user, the market is segmented into Hospitals, Diagnostic Imaging Centers, and Others. The hospitals segment held the largest market share during the forecast period owing to favorable reimbursement regulations and is preferred by patients for the treatment process due to the convenience & a variety of product offerings in one place.
On the basis of technique, the market is segmented into x-rays, magnetic resonance imaging (MRI), computed tomography (CT), positron emission tomography (PET), ultrasound, and others. The computed tomography (CT) segment held the largest market share in 2022.
Based on application, the global AI-assisted radiology market has been segmented into neurology, mammography, cardiovascular, respiratory & pulmonary, orthopedics, and others. The neurology surgery market held the largest market share in 2022.
Geographical Analysis
The global AI-assisted radiology market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe AI-assisted radiology market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The AI-assisted radiology market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World AI-assisted radiology market comprises of Middle East, Africa, and Latin America.
North America is expected to dominate the AI-assisted radiology market during the forecast period, due to the early adoption of AI technologies in healthcare and the high prevalence of chronic diseases. However, the Asia Pacific market is expected to grow at the highest CAGR during the forecast period, due to the increasing investment in healthcare infrastructure and the growing demand for AI-driven solutions in the region.
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