Artificial intelligence (AI) is a field of computer science that enables machines to perform interactive tasks in the same way that humans do. Speech recognition, learning, data monitoring, data recording, and other tasks are all possible with AI. The use of AI technology in medical imaging allows for the capture of a part of the body, visualisation of the affected areas, and treatment assistance. The key driving factors for AI in medical imaging market are, technological advancements in medical devices and healtcare sector and growing automation across the sector.
MARKET SCOPE
The "Global AI in Medical Imaging Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the AI in medical imaging market with detailed market segmentation by product, application and end user. The report provides key statistics on the market status of the leading AI in medical imaging market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
? Based on product the market is segmented as, systems, services and software.
? Based on application the market is segmented as, cardiology, oncology, neurology, gastroenterology, musculoskeletal, and others.
? Based on end user the market is segmented as, hospitals, ambulatory surgical centers and diagnostic centers.
MARKET DYNAMICS
Drivers:
? Technological advancements in medical devices and healtcare sector and growing automation across the sector.
? Advantages such as early detection of disease, improved diagnosis, personalized treatments for the patients are expected to create potential opportunities for the market growth.
? Increasing healthcare expenditures is also expected to spur the market growth.
Restraints:
? However, presence of uncertain regulatory framework, lack of penetration of AI technology in some developing economies may act as restraining factor for the market growth.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The AI in medical imaging market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the AI in medical imaging market in these regions.
IMPACT OF COVID-19ON AI IN MEDICAL IMAGING MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the AI in medical imaging market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from AI in medical imaging market are anticipated to lucrative growth opportunities in the future with the rising demand for AI in medical imaging in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the AI in medical imaging market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
? General Electric
? IBM
? Koninklijke Philips N.V.
? SAMSUNG
? Xilinx
? EchoNous, Inc.
? Enlitic, Inc.
? Siemens Healthcare GmbH
? Intel Corporation
? NVIDIA Corporation