Global AI Enabled Imaging Modalities

Global AI Enabled Imaging Modalities Market Research Report: Forecast (2021-2026)

By Component (Software [AI Software Algorithms, Real-Time Medical Imaging, Image Analysis, Predictive Analysis Solution, Intelligent Algorithms For Image Analysis, Data Mining Techniques], Hardware [P Read more

  • Healthcare
  • May 2021
  • 210
  • HC10234

Market Overview

Artificial intelligence (AI) is one of the most incredible advanced technologies that use computerized algorithms to analyze complex data. AI-enabled Imaging Modality is an approach to achieve an accurate and correct diagnosis of patients to provide them with better and personalized treatment. It further helps identify imaging abnormalities and enhance tissue-based detection & characterization.

According to the MarkNtel Advisors’ research report, “Global Artificial Intelligence (AI) Enabled Imaging Modalities Market Analysis, 2021,” the market is likely to grow at a CAGR of around 31% during 2021-26 due to the rising workload of radiologists and surging complexities in clinical decision making. These challenges increase physicians' inclination toward adopting advanced technologies, including Artificial Intelligence, for better diagnosis and treatment. Further, rising security & privacy concerns regarding healthcare data also fuel the growth of the AI-enabled Imaging Modalities Market.

Report Coverage Details
Study Period Historical Data: 2016-19
Base Year: 2020
Forecast Period: 2021-26
CAGR 31%
Regions Covered North America: USA, Canada
Europe: Germany, UK, France, Russia
Asia-Pacific: China, India, Japan
South America: Brazil
Middle East & Africa: UAE, Israel
Key Companies Profiled Arterys, Voxel cloud, Butterfly network, Infervision, Gauss Surgical, Owkin, Zebra Medical Vision, Curemetrix, Cellmatiq, MedyMatch, BrainerMiner, Lunit
Unit Denominations USD Million/Billion

 

Impact of COVID-19

The outbreak of the global COVID-19 pandemic has brought out a revolution in the Global AI-Enabled Imaging Modalities Market. Due to the pandemic, the AI-Enabled Imaging Modalities Market has witnessed a positive impact due to the rising awareness and surging adoption of digital healthcare solutions. Additionally, AI is highly beneficial for gaining insights & proper diagnosis that can help find a solution to fight disease transmission at early stages. Hence, this incredibly advanced technology is likely to be extensively used for fighting the COVID-19 pandemic.

Global AI Enabled Imaging Modalities Market Research Report: Forecast (2021-2026)

Software Segment Accounted for the Largest Market Share

Based on the component, the market segments into Software, Hardware, and Services. Of these, the Software segment acquired the largest share in the Global AI-Enabled Imaging Modalities Market in the previous few years due to the innovation of AI-based software for diagnosis in the healthcare sector. Further, the rising demand for advanced technologies, such as AI-powered and cloud-based solutions, has also accelerated the need to have AI-Enabled Imaging Modalities that can help increase diagnostic precision.

Besides, the launch of advanced AI software for imaging purposes results in the successful diagnosis of diseases. Hence, it shall drive the Global AI-Enabled Imaging Modalities Market Growth, reveals MarkNtel Advisors in their research report, “Global Artificial Intelligence (AI) Enabled Imaging Modalities Market Analysis, 2021.”

Neurology Segment Attained the Highest Market Share

Based on Therapeutic Application, the market segments into Cardiology, Oncology, Neurology, and Pulmonology. Of these segments, Neurology dominated the Global AI-Enabled Imaging Modalities Market in the past few years due to the highest number of regulatory approvals. Further, AI-enabled imaging modalities are beneficial for the early diagnosis of various kinds of neurological disorders, such as ischemic brain stroke, epilepsy, and Alzheimer's disease, which would further help in providing better & personalized treatment.

Regional Landscape

North America Dominated the Market 

Geographically, North America held the largest share in the Global AI-Enabled Imaging Modalities Market in the previous few years due to the rising adoption of IT solutions in the healthcare sector, especially for medical diagnosis. Moreover, the United States holds the largest market for AI-enabled Imaging Modalities in North America due to the abundant availability of advanced medical software and market players across the region. Besides, the availability of leading industry players and the rapid development of AI-based diagnosis software across the region shall also fuel the market growth in the forecast period.

Market Driver

Surging Number of Cross-Industry Partnerships Boost the Market Growth

The rising awareness of benefits entwined with extensive AI-based applications has propelled AI-enabled Imaging Modalities in the healthcare market. Several leading companies in the market are venturing into partnerships and collaborations with AI providers to develop innovative AI-based solutions. These strategies help market players build up their position in the market and offer cutting-edge solutions to their customers.

Competitive Landscape

According to MarkNtel Advisors, the major leading players in the global Artificial Intelligence (AI) Enabled Imaging Modalities market are Arterys, Voxel cloud, Butterfly network, Infervision, Gauss Surgical, Owkin, Zebra Medical Vision, Curemetrix, Cellmatiq, MedyMatch, BrainerMiner, and Lunit.

Key Questions Answered in the Market Research Report:

  1. What are the overall market statistics or estimates (Market Overview, Market Size- by Value, Forecast Numbers, Market Segmentation, and Market Shares) of the Global AI Enabled Imaging Modalities Market?
  2. What are the region-wise industry size, growth drivers, and challenges?
  3. What are the key innovations, opportunities, current & future trends, and regulations in the Global AI Enabled Imaging Modalities Market? 
  4. Who are the key competitors, their key strengths & weaknesses, and how do they perform in the Global AI Enabled Imaging Modalities Market based on a competitive benchmarking matrix?
  5. What are the key results derived from the market surveys conducted during the Global AI Enabled Imaging Modalities Market study?

Frequently Asked Questions

A. The Global Artificial Intelligence (AI) Enabled Imaging Modalities Market is forecast to grow at a CAGR of 31% during 2021-26.

A. Arterys, Voxel cloud, Butterfly network, Infervision, Gauss Surgical, Owkin, Zebra Medical Vision, Curemetrix, Cellmatiq, MedyMatch, BrainerMiner, and Lunit are a few leading players in the Global Artificial Intelligence (AI) Enabled Imaging Modalities Market

A. The Software segment is likely to attain the highest CAGR during the forecast period and maintain its significant market share

A. North America continues to grow at the highest CAGR during 2021-26, thereby presenting immense opportunities to market players of the Global Artificial Intelligence (AI) Enabled Imaging Modalities Market.

A. The rising need for personalized and standardized patient-centric care, accurate & quick diagnosis, and increasing workload of radiologists are primary factors driving the market growth.

A. Due to the sudden outbreak of the COVID-19 pandemic, the AI-Enabled Imaging Modalities Market has witnessed a positive impact due to the rising awareness and surging adoption of digital healthcare solutions.

  1. Introduction
    1. Research Process
    2. Assumption
    3. Market Segmentation
    4. Market Definition
  2. Executive Summary
  3. Expert Verbatim- What our Experts Say?
  4. Impact of IOT, AI, IR & VR on Global Artificial Intelligence (AI) Enabled Imaging Modalities Market
  5. Material Advancements in Global Artificial Intelligence (AI) Enabled Imaging Modalities Market
  6. Global Artificial Intelligence (AI) Enabled Imaging Modalities Market Policies, Regulations, Technology Standards  
  7. Global Artificial Intelligence (AI) Enabled Imaging Modalities Market Trends & Insights
  8. Global Artificial Intelligence (AI) Enabled Imaging Modalities Market Dynamics
    1. Growth Drivers
    2. Challenges
    3. Impact Analysis
  9. Global Artificial Intelligence (AI) Enabled Imaging Modalities Market Hotspot and Opportunities
  10. Global Artificial Intelligence (AI) Enabled Imaging Modalities Market Key Strategic Imperatives for Success and Growth
  11. Global Artificial Intelligence (AI) Enabled Imaging Modalities Market Start-up Ecosystem, 2016-2021
    1. Entrepreneurial Activity
    2. Year on Year Funding Received
    3. Funding Received by Top Companies
    4. Key Investors Active in the Market
    5. Series Wise Funding Received
      1. Seed Funding
      2. Angel Investing
      3. Venture Capital
      4. Others
  12. Global Artificial Intelligence (AI) Enabled Imaging Modalities Market Value Chain Analysis
  13. Global Artificial Intelligence (AI) Enabled Imaging Modalities Market Outlook, 2016-2026F
    1. Market Size and Analysis
      1. By Revenues
    2. Market Share and Analysis
      1. By Component
        1. By Software Type
          1. AI Software Algorithms
          2. Real Time Medical Imaging
          3. Image Analysis
          4. Predictive Analysis Solution
          5. Intelligent Algorithms For Image Analysis
          6. Data Mining Techniques
        2. By Hardware
          1. By Processor
            1. GPU
            2. MPU
            3. ASIC
            4. FPGA
          2. By Network
          3. By Memory
        3. By Services
          1. Installation
          2. Support & Maintenance
          3. Others
      2. By Therapeutic Application
        1. Cardiology
        2. Oncology
          1. Breast Cancer
          2. Lung Cancer
          3. Other cancer types
        3. Neurology
        4. Pulmonology
        5. Others
      3. By Modality
        1. Computed Tomography (CT)
        2. Magnetic Resonance (MR)
        3. Ultrasound
        4. X-Ray
        5. Positron Emission Tomography (PET)
        6. Other Modalities
      4. By Region
        1. North America
        2. South America
        3. Europe
        4. Middle East & Africa
        5. Asia-Pacific
      5. By Company
        1. Revenue Shares
        2. Strategic Factorial Indexing
        3. Competitor Placement in MarkNtel Quadrant
  14. North America Artificial Intelligence (AI) Enabled Imaging Modalities Market Outlook, 2016-2026F
    1. Market Size and Analysis
      1. By Revenues
    2. Market Share and Analysis
      1. By Component
      2. By Therapeutic Application
      3. By Country
        1. US
        2. Canada
    3. The US Artificial Intelligence (AI) Enabled Imaging Modalities Market Outlook, 2016-2026F
      1. Market Size and Analysis
      2. By Revenues
      3. Market Share and Analysis
        1. By Therapeutic Application
    4. Canada Artificial Intelligence (AI) Enabled Imaging Modalities Market Outlook, 2016-2026F
      1. Market Size and Analysis
        1. By Revenues
      2. Market Share and Analysis
        1. By Therapeutic Application
  15. South America Artificial Intelligence (AI) Enabled Imaging Modalities Market Outlook, 2016-2026F
    1. Market Size and Analysis
      1. By Revenues
    2. Market Share and Analysis
      1. By Component
      2. By Therapeutic Application
      3. By Country
        1. Brazil
        2. Others
    3. Brazil Artificial Intelligence (AI) Enabled Imaging Modalities Market Outlook, 2016-2026F
      1. Market Size and Analysis
        1. By Revenues
      2. Market Share and Analysis
        1. By Therapeutic Application
  16. Europe Artificial Intelligence (AI) Enabled Imaging Modalities Market Outlook, 2016-2026F
    1. Market Size and Analysis
      1. By Revenues
    2. Market Share and Analysis
      1. By Component
      2. By Therapeutic Application
      3. By Country
        1. Germany
        2. France
        3. UK
        4. Russia
        5. Rest of Europe
    3. Germany Artificial Intelligence (AI) Enabled Imaging Modalities Market Outlook, 2016-2026F
      1. Market Size and Analysis
        1. By Revenues
      2. Market Share and Analysis
        1. By Therapeutic Application
    4. France Artificial Intelligence (AI) Enabled Imaging Modalities Market Outlook, 2016-2026F
      1. Market Size and Analysis
        1. By Revenues
      2. Market Share and Analysis
        1. By Therapeutic Application
    5. UK Artificial Intelligence (AI) Enabled Imaging Modalities Market Outlook, 2016-2026F
      1. Market Size and Analysis
        1. By Revenues
      2. Market Share and Analysis
        1. By Therapeutic Application
    6. Russia Artificial Intelligence (AI) Enabled Imaging Modalities Market Outlook, 2016-2026F
      1. Market Size and Analysis
        1. By Revenues
      2. Market Share and Analysis
        1. By Therapeutic Application
    7. Rest of Europe Artificial Intelligence (AI) Enabled Imaging Modalities Market Outlook, 2016-2026F
      1. Market Size and Analysis
        1. By Revenues
      2. Market Share and Analysis
        1. By Therapeutic Application
  17. Middle East & Africa Artificial Intelligence (AI) Enabled Imaging Modalities Market Outlook, 2016-2026F
    1. Market Size and Analysis
      1. By Revenues
    2. Market Share and Analysis
      1. By Therapeutic Application
      2. By Country
        1. UAE
        2. Israel
        3. Rest of Middle East & Africa
    3. UAE Artificial Intelligence (AI) Enabled Imaging Modalities Market Outlook, 2016-2026F
      1. Market Size and Analysis
        1. By Revenues
      2. Market Share and Analysis
        1. By Therapeutic Application
    4. Israel Artificial Intelligence (AI) Enabled Imaging Modalities Market Outlook, 2016-2026F
      1. Market Size and Analysis
        1. By Revenues
      2. Market Share and Analysis
        1. By Therapeutic Application
  18. Asia-Pacific Artificial Intelligence (AI) Enabled Imaging Modalities Market Outlook, 2016-2026F
    1. Market Size and Analysis
      1. By Revenues
    2. Market Share and Analysis
      1. By Component
      2. By Therapeutic Application
      3. By Country
        1. China
        2. India
        3. Japan
        4. Rest of Asia Pacific
    3. China Artificial Intelligence (AI) Enabled Imaging Modalities Market Outlook, 2016-2026F
      1. Market Size and Analysis
        1. By Revenues
      2. Market Share and Analysis
        1. By Therapeutic Application
    4. India Artificial Intelligence (AI) Enabled Imaging Modalities Market Outlook, 2016-2026F
      1. Market Size and Analysis
        1. By Revenues
      2. Market Share and Analysis
        1. By Therapeutic Application
    5. Japan Artificial Intelligence (AI) Enabled Imaging Modalities Market Outlook, 2016-2026F
      1. Market Size and Analysis
        1. By Revenues
      2. Market Share and Analysis
        1. By Therapeutic Application
  19. Competitive Outlook
    1. Competition Matrix
      1. Technology Portfolio
      2. Brand Specialization
      3. Target Markets
      4. Target Technology
      5. Research & Development
      6. Strategic Alliances
      7. Strategic Initiatives
    2. Company Profiles (Business Description, Technology Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
      1. Arterys
      2. Voxel cloud
      3. Butterfly network
      4. Infervision
      5.  Gauss Surgical
      6. Owkin
      7. Zebra Medical vision
      8. Curemetrix
      9. Cellmatiq
      10. MedyMatch
      11. BrainerMiner
      12. Lunit
  20. Disclaimer
Global AI Enabled Imaging Modalities Market Segmentation