Artificial Intelligence (AI) Enabled Medical Imaging

Artificial Intelligence (AI) Enabled Medical Imaging Market Research Report: Forecast (2021-2026)

By Component (Hardware, Software (Perpetual Software License, Subscription Software License, Pay as You Go Software License)), By Workflow (Image Analysis, Image Acquisition, Detection, Reporting & Co Read more

  • Healthcare
  • Jul 2022
  • 182
  • HC33006

Artificial Intelligence (AI) Enabled Medical Imaging is the process of adoption of AI technology in the medical imaging to provide vast supply of medical case data and train its algorithms to find patterns in images, thus, enabling better treatment stratification in the population.

Global Artificial Intelligence (AI) Enabled Medical Imaging Market Analysis, 2021 research report depicts a deep-dive market analysis of statistics of Global Artificial Intelligence (AI) Enabled Medical Imaging market which consists of regional and country-wise market  size, market forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end users, applications, product type, technologies, competitive benchmarking, etc.

Report Coverage Details
Study Period Historical Data: 2016-19
Base Year: 2020
Forecast Period: 2021-26
CAGR (2021-2026) 29%
Regions Covered North America: The US, Canada, Mexico
Europe: Germany, France, UK, Italy, Sweden, Switzerland, Netherlands, Russia 
Asia-Pacific: China , Japan, South Korea, India, Singapore, Australia & New Zealand, Rest of Asia Pacific
South America: Brazil, Rest of South America
Middle East & Africa: GCC , Rest of Middle East & Afric
Key Companies Profiled Aidoc, Arterys Inc, Beijing Infervision Technology Co., Ltd., Blackford Analysis Limited, ContextVision AB, EnvoyAI, Fujifilm Holdings Corporation, General Electric Company, iCAD, Inc., Koninklijke Philips N.V., Mirada Medical Limited, NVIDIA Corporation, Nuance Communications, Inc, Resonance Health Ltd., Samsung Electronics Co., Ltd, Others. 
Unit Denominations USD Million/Billion

 

Market Opportunities

According to MarkNtel Advisors’ research report titled “Global Artificial Intelligence (AI) Enabled Medical Imaging Market Analysis, 2021”, the Global Artificial Intelligence (AI) Enabled Medical Imaging market is anticipated to grow at a CAGR of around 29% during 2021-26F. The growth of the market is attributed to growing complexities of datasets fueling the requirement for AI, a boost in the number of medical imaging and radiology startups, and rising adoption of AI medical imaging in the healthcare industry with AI algorithms which analyzes data and helps doctors in screening, assessing, and diagnosing patients. Other major factors driving the market growth are the adoption of this technology by multiple pharmaceutical companies, bolstering investment by the hospitals in artificial intelligence for medical imaging, and increasing shortage of radiologists in many countries such as Mexico where there are only about 4,000 radiologists for 130 million people and Japan, where there are only 36 radiologists per million people. Hence, these are anticipated to augment the growth of the market in the forthcoming timeline.

Market Segmentation

Computed Tomography Acquired the Largest Market Share

Based on Modality, Computed Tomography acquired the largest market share in the Global artificial intelligence (AI) enabled medical imaging in 2021. The rising risk of developing cancer from such radiation exposure has surged the use of CT scans. Medical imaging engineers are attempting to create advancements that reduce the radiation dose from CT without compromising its diagnostic performance. Moreover, the increase prevalence of cancer globally will catalyze the market growth of the Artificial Intelligence (AI) Enabled Medical Imaging market globally in the near future as stated in the MarkNtel Advisors’ research report “Global Artificial Intelligence (AI) Enabled Medical Imaging Market Analysis, 2021”.

Artificial Intelligence (AI) Enabled Medical Imaging Market Research Report: Forecast (2021-2026)

COVID-19 Impact

The COVID-19 pandemic has had a positive impact on the market as AI enabled medical imaging is used for improving COVID-19 detection, diagnosis, and monitoring of diseases. The demand for CT scans and X-rays has accelerated for COVID-19 diagnosis and treatment which helps to determine the severity of the infection and helps the doctor for an optimal treatment course for a patient.

Competitive Landscape

According to MarkNtel Advisors, the key players with a considerable market share in the Global Artificial Intelligence (AI) Enabled Medical Imaging market include Aidoc, Arterys Inc., Beijing Infervision Technology Co., Ltd., Blackford Analysis Limited, ContextVision AB, EnvoyAI, Fujifilm Holdings Corporation, General Electric Company, iCAD, Inc., Koninklijke Philips N.V., Mirada Medical Limited, NVIDIA Corporation, Nuance Communications, Inc., Resonance Health Ltd., Samsung Electronics Co., Ltd., etc.

Key Questions Answered in the Market Research Report:

  1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Global Artificial Intelligence (AI) Enabled Medical Imaging Market?
  2. What is the region wise industry size, growth drivers and challenges key market trends?
  3. What are the key innovations, technology upgrades, opportunities, regulations in the Global Artificial Intelligence (AI) Enabled Medical Imaging Market?  
  4. Who are the key competitors or market players and how they perform in Global Artificial Intelligence (AI) Enabled Medical Imaging Market based on competitive benchmarking matrix?
  5. What are the key results derived from the market surveys conducted during the course of Global Artificial Intelligence (AI) Enabled Medical Imaging Market study?   

 Market Outlook, Segmentation and Statistics:

  • Impact of COVID-19 on Global Artificial Intelligence (AI) Enabled Medical Imaging Market
  • Global Artificial Intelligence (AI) Enabled Medical Imaging Market Start-up Ecosystem
    • Notable Start-Ups and Their Funding Environment
    • Prominent Venture Capitalists & Their Portfolio
    • Year on Year Trend in Funding- Deal Vs Dollar
  • Market Size & Analysis
    • By Revenues (USD Million)
  • Market Share & Analysis
    • By Component
      • Hardware
      • Software
        • Perpetual Software License
        • Subscription Software License
        • Pay as You Go Software License
    • By Workflow
      • Image Analysis
      • Image Acquisition
      • Detection
      • Reporting & Communication
      • Diagnosis & Treatment Decision Support
      • Predictive Analysis & Risk Assessment
      • Equipment Maintenance
      • Triage
    • By Therapeutic Application
      • Specialty Imaging
        • Cardiology
        • Oncology
          • Lung Cancer
          • Breast Cancer
          • Other Cancers
        • Neurology
        • Respiratory
        • Orthopaedics
        • Others 
      • General Imaging
    • By Deployment
      • Cloud
      • On-Premise
    • By Modality
      • Computed Tomography
      • Magnetic Resonance
      • Ultrasound
      • X-Ray
      • Mammography
      • Multimodality Imaging Systems
      • Others
    • By Region
      • North America Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026F (USD Million)
        • The US Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026F (USD Million)
        • Canada Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026F (USD Million)
        • Mexico Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026F (USD Million)
      • South America Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026F (USD Million)
        • Brazil Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026F (USD Million)
      • Europe Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026F (USD Million)
        • The UK Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026F (USD Million)
        • Germany Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026F (USD Million)
        • France Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026F (USD Million)
        • Italy Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026F (USD Million)
        • Sweden Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026F (USD Million)
        • The Netherlands Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026F (USD Million)
        • Russia Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026F (USD Million)
        • Switzerland Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026F (USD Million)
      • Middle East & Africa Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026F (USD Million)
        • GCC Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026F (USD Million)
      • Asia-Pacific Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026F (USD Million)
        • China Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026F (USD Million)
        • Japan Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026F (USD Million)
        • South Korea Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026F (USD Million)
        • India Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026F (USD Million)
        • Australia Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026F (USD Million)
        • Singapore Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026F (USD Million)
    • By Company
      • Revenue Shares
      • Strategic Factorial Indexing
      • Competitor Placement in MarkNtel Quadrant
  • Global Artificial Intelligence (AI) Enabled Medical Imaging Market Policies, Regulations, Product Standard
  • Global Artificial Intelligence (AI) Enabled Medical Imaging Market Hotspots & Opportunities
  • Competition Outlook
    • Competitor Wise Growth Strategies
    • Company Profiles

Frequently Asked Questions 

Q. What is the historical year, base year and forecast year considered in the research report on Global Artificial Intelligence (AI) Enabled Medical Imaging Market?
A. The historical data has been provided since 2016, while the base year is 2020 and the data is forecast up-to 2026.

Q. What are the units or denomination for measuring market value and volume in the report?
A. The market size/industry size or the market value is measured in terms of USD Million.

Q. What would be the growth rate or CAGR of Global Artificial Intelligence (AI) Enabled Medical Imaging Market during 2021-26?
A. The Global Artificial Intelligence (AI) Enabled Medical Imaging Market is forecast to grow at a CAGR of 29% during 2021-26.

Q. Who are the key competitors or players operating in Global Artificial Intelligence (AI) Enabled Medical Imaging Market? 
A. Aidoc, Arterys Inc., Beijing Infervision Technology Co., Ltd., Blackford Analysis Limited, ContextVision AB, EnvoyAI, Fujifilm Holdings Corporation, General Electric Company, iCAD, Inc., Koninklijke Philips N.V., Mirada Medical Limited, NVIDIA Corporation, Nuance Communications, Inc., Resonance Health Ltd., Samsung Electronics Co., Ltd. etc., are few of the leading players in the Global Artificial Intelligence (AI) Enabled Medical Imaging Market.

Q. Which component segment would emerge as an opportunity area for players in Global Artificial Intelligence (AI) Enabled Medical Imaging Market?
A. Solution segment is expected to attain the highest CAGR during the forecast period and maintain its significant market share.

Q. Which region would emerge as an opportunity area for players in Global Artificial Intelligence (AI) Enabled Medical Imaging Market?
A. North America continue to grow at a highest CAGR, presenting immense opportunities for market players of Global Artificial Intelligence (AI) Enabled Medical Imaging Market.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
    4. Market Segmentation
  2. Executive Summary
  3. Impact of COVID-19 on Global Artificial Intelligence (AI) Enabled Medical Imaging Market
  4. Global Artificial Intelligence (AI) Enabled Medical Imaging Market Start-up Ecosystem
    1. Notable Start-Ups and Their Funding Environment
    2. Prominent Venture Capitalists & Their Portfolio
    3. Year on Year Trend in Funding- Deal Vs Dollar
  5. Global Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Component
        1. Hardware
        2. Software
          1. Perpetual Software License
          2. Subscription Software License
          3. Pay as You Go Software License
      2. By Workflow
        1. Image Analysis
        2. Image Acquisition
        3. Detection
        4. Reporting & Communication
        5. Diagnosis & Treatment Decision Support
        6. Predictive Analysis & Risk Assessment
        7. Equipment Maintenance
        8. Triage
      3. By Therapeutic Application
        1. Specialty Imaging
          1. Cardiology
          2. Oncology
            1. Lung Cancer
            2. Breast Cancer
            3. Other Cancers
          3. Neurology
          4. Respiratory
          5. Orthopedics
          6. Others 
        2. General Imaging
      4. By Deployment
        1. Cloud
        2. On-Premise
      5. By Modality
        1. Computed Tomography
        2. Magnetic Resonance
        3. Ultrasound
        4. X-Ray
        5. Mammography
        6. Multimodality Imaging Systems
        7. Others
      6. By Region
        1. North America
        2. South America
        3. Europe
        4. Middle East & Africa
        5. Asia Pacific
      7. By Competition
        1. Competition Characteristics
        2. Market Shares of Leading Competitors, By Businesses
          1. Modality Providers
          2. Software Providers
          3. Platform Providers
        3. Competitor Alignment in Competition Metrix
  6. North America Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Component
      2. By Workflow
      3. By Therapeutic Application
      4. By Deployment
      5. By Modality
      6. By Country
        1. The United States Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026
          1. Market Size & Analysis
            1. By Revenues (USD Million)
        2. Canada Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026
          1. Market Size & Analysis
            1. By Revenues (USD Million)
        3. Mexico Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026
          1. Market Size & Analysis
            1. By Revenues (USD Million)
  7. South America Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Component
      2. By Workflow
      3. By Therapeutic Application
      4. By Country
        1. Brazil Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026
          1. Market Size & Analysis
            1. By Revenues (USD Million)
        2. Rest of South America
  8. Europe Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Component
      2. By Workflow
      3. By Therapeutic Application
      4. By Country
        1. Germany Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026
          1. Market Size & Analysis
            1. By Revenues (USD Million)
        2. France Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026
          1. Market Size & Analysis
            1. By Revenues (USD Million)
        3. The United Kingdom Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026
          1. Market Size & Analysis
            1. By Revenues (USD Million)
        4. Italy Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026
          1. Market Size & Analysis
            1. By Revenues (USD Million)
        5. Sweden Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026
          1. Market Size & Analysis
            1. By Revenues (USD Million)
        6. Switzerland Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026
          1. Market Size & Analysis
            1. By Revenues (USD Million)
        7. The Netherlands Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026
          1. Market Size & Analysis
            1. By Revenues (USD Million)
        8. Russia Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026
          1. Market Size & Analysis
            1. By Revenues (USD Million)
        9. Rest of Europe
  9. Middle East & Africa Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Component
      2. By Workflow
      3. By Therapeutic Application
      4. By Country
        1. GCC Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026
          1. Market Size & Analysis
            1. By Revenues (USD Million)
        2. Rest of Middle East & Africa
  10. Asia Pacific Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Component
      2. By Workflow
      3. By Therapeutic Application
      4. By Country
        1. China Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026
          1. Market Size & Analysis
            1. By Revenues (USD Million)
        2. Japan Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026
          1. Market Size & Analysis
            1. By Revenues (USD Million)
        3. South Korea Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026
          1. Market Size & Analysis
            1. By Revenues (USD Million)
        4. India Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026
          1. Market Size & Analysis
            1. By Revenues (USD Million)
        5. Singapore Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026
          1. Market Size & Analysis
            1. By Revenues (USD Million)
        6. Australia & New Zealand Artificial Intelligence (AI) Enabled Medical Imaging Market Outlook, 2016-2026
          1. Market Size & Analysis
            1. By Revenues (USD Million)
            2.  
        7. Rest of Asia Pacific
  11. Global Artificial Intelligence (AI) Enabled Medical Imaging Market Dynamics
    1. Growth Drivers
    2. Challenges
    3. Impact Analysis
  12. Global Artificial Intelligence (AI) Enabled Medical Imaging Market Trends & Insights
  13. Global Artificial Intelligence (AI) Enabled Medical Imaging Market Hotspots & Opportunities
  14. Global Artificial Intelligence (AI) Enabled Medical Imaging Market Regulations & Government Roadmaps By Geographies
  15. Competitive Benchmarking
    1. Competition Matrix
      1. Product Portfolio
      2. Target Markets
      3. Target End Users
      4. Research & Development
      5. Strategic Alliances
      6. Strategic Initiatives
    2. Company Profiles (Business Description, Product Offering, Target Markets, Assets, Strategic Alliances or Partnerships, etc.)
      1. Aidoc
      2. Arterys Inc
      3. Beijing Infervision Technology Co., Ltd. 
      4. Blackford Analysis Limited         
      5. ContextVision AB          
      6. EnvoyAI
      7. Fujifilm Holdings Corporation
      8. General Electric Company         
      9. iCAD, Inc.         
      10. Koninklijke Philips N.V. 
      11. Mirada Medical Limited
      12. NVIDIA Corporation
      13. Nuance Communications, Inc    
      14. Resonance Health Ltd.
      15. Samsung Electronics Co., Ltd.
  16. Disclaimer
Global Artificial Intelligence (AI) Enabled Medical Imaging Market Segmentation