Product Code: PM4783
The global AI in medical imaging market size is expected to reach USD 16,175.52 million by 2032, according to a new study by Polaris Market Research. The report "AI in Medical Imaging Market Share, Size, Trends, Industry Analysis Report, By Technology (Deep Learning, NLP), By Application (Neurology, Respiratory & Pulmonary, Cardiology), By Modality, By End-use, By Region, And Segment Forecasts, 2024- 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
AI in the medical imaging market has experienced remarkable growth in recent years, revolutionizing the field of healthcare by enhancing diagnostic accuracy, efficiency, and patient outcomes. Leveraging artificial intelligence (AI) algorithms, medical imaging technologies such as MRI, CT scans, X-rays, and ultrasound are undergoing a transformative shift. This integration of AI into medical imaging processes offers healthcare professionals advanced tools for image analysis, interpretation, and decision-making, leading to more precise diagnoses and personalized treatment plans.
Several driving factors contribute to the rapid expansion of AI in the medical imaging market. Firstly, the growing burden of chronic diseases and the increasing demand for early detection and accurate diagnosis drive the adoption of AI-powered imaging solutions. AI algorithms can analyze vast amounts of medical images swiftly, assisting radiologists and clinicians in detecting abnormalities and diseases at their earliest stages. Additionally, the rising prevalence of conditions such as cancer, cardiovascular diseases, and neurological disorders fuels the need for advanced imaging technologies that can improve diagnostic accuracy and patient outcomes.
Furthermore, the advancements in machine learning algorithms and deep learning techniques significantly contribute to the market's growth. AI models trained on large datasets can learn complex patterns and features from medical images, enabling them to detect subtle abnormalities that human observers may overlook. Moreover, the integration of AI into medical imaging systems enhances workflow efficiency by automating repetitive tasks, reducing interpretation time, and improving productivity in healthcare settings. This increased efficiency allows healthcare professionals to focus more on patient care and clinical decision-making, leading to improved overall healthcare delivery.
The AI in the medical imaging market is also propelled by supportive government initiatives and investments aimed at fostering innovation in healthcare technologies. Government agencies and regulatory bodies are increasingly recognizing the potential of AI to transform healthcare delivery and are implementing policies to promote the adoption of AI-powered imaging solutions. Additionally, collaborations between healthcare institutions, research organizations, and technology companies drive research and development efforts in AI-enabled medical imaging, further accelerating market growth. As AI continues to advance and integrate into medical imaging practices, the market is poised for continued expansion, offering significant opportunities for improved patient care and healthcare efficiency.
AI in Medical Imaging Market Report Highlights
Deep learning segment held the largest share in 2023, as it helps in image generation, and object detection
Breast screening segment will grow rapidly during the forecast period, owing to rise in breast screening, and improved outcome rate
APAC will grow rapidly over the anticipated period, primarily due to presence of huge patient base and improving healthcare infrastructure
The global players include Siemens Healthineers, GE Healthcare, IBM Watson Health, Philips Healthcare, Zebra Medical Vision, Samsung Electronics, & Medtronic Plc
Polaris Market Research has segmented the AI in medical imaging market report based on technology, application, modality, end use, and region:
AI in Medical Imaging, Technology Outlook (Revenue - USD Million, 2019 - 2032)
- Deep Learning
- Natural Language Processing (NLP)
- Others
AI in Medical Imaging, Application Outlook (Revenue - USD Million, 2019 - 2032)
- Neurology
- Respiratory and Pulmonary
- Cardiology
- Breast Screening
- Orthopedics
- Others
AI in Medical Imaging, Modality Outlook (Revenue - USD Million, 2019 - 2032)
- CT scan
- MRI
- X-rays
- Ultrasound
- Nuclear Imaging
AI in Medical Imaging, End Use Outlook (Revenue - USD Million, 2019 - 2032)
- Hospitals
- Diagnostic Imaging Centers
- Others
AI in Medical Imaging, Regional Outlook (Revenue - USD Million, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global AI in Medical Imaging Market Insights
- 4.1. AI in Medical Imaging Market - Modality Snapshot
- 4.2. AI in Medical Imaging Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rise in prevalence of chronic diseases
- 4.2.1.2. Shortening detection time and ensuring highest accuracy
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Regulations and ethical concerns
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. AI in Medical Imaging Market Modality Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global AI in Medical Imaging Market, by Application
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global AI in Medical Imaging Market, by Application, 2019-2032 (USD Million)
- 5.3. Neurology
- 5.3.1. Global AI in Medical Imaging Market, by Neurology, by Region, 2019-2032 (USD Million)
- 5.4. Respiratory and Pulmonary
- 5.4.1. Global AI in Medical Imaging Market, by Respiratory and Pulmonary, by Region, 2019-2032 (USD Million)
- 5.5. Cardiology
- 5.5.1. Global AI in Medical Imaging Market, by Cardiology, by Region, 2019-2032 (USD Million)
- 5.6. Breast Screening
- 5.6.1. Global AI in Medical Imaging Market, by Breast Screening, by Region, 2019-2032 (USD Million)
- 5.7. Orthopedics
- 5.7.1. Global AI in Medical Imaging Market, by Orthopedics, by Region, 2019-2032 (USD Million)
- 5.8. Others
- 5.8.1. Global AI in Medical Imaging Market, by Others, by Region, 2019-2032 (USD Million)
6. Global AI in Medical Imaging Market, by Technology
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global AI in Medical Imaging Market, by Technology, 2019-2032 (USD Million)
- 6.3. Deep Learning
- 6.3.1. Global AI in Medical Imaging Market, by Deep Learning, by Region, 2019-2032 (USD Million)
- 6.4. Natural Language Processing (NLP)
- 6.4.1. Global AI in Medical Imaging Market, by Natural Language Processing (NLP), by Region, 2019-2032 (USD Million)
- 6.5. Others
- 6.5.1. Global AI in Medical Imaging Market, by Others, by Region, 2019-2032 (USD Million)
7. Global AI in Medical Imaging Market, by Modality
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global AI in Medical Imaging Market, by Modality, 2019-2032 (USD Million)
- 7.3. CT scan
- 7.3.1. Global AI in Medical Imaging Market, by CT scan, By Region, 2019-2032 (USD Million)
- 7.4. MRI
- 7.4.1. Global AI in Medical Imaging Market, by MRI, By Region, 2019-2032 (USD Million)
- 7.5. X-rays
- 7.5.1. Global AI in Medical Imaging Market, by X-rays, By Region, 2019-2032 (USD Million)
- 7.6. Ultrasound
- 7.6.1. Global AI in Medical Imaging Market, by Ultrasounds, By Region, 2019-2032 (USD Million)
- 7.7. Nuclear Imaging
- 7.7.1. Global AI in Medical Imaging Market, by Nuclear Imaging, By Region, 2019-2032 (USD Million)
8. Global AI in Medical Imaging Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. AI in Medical Imaging Market Assessment, By Geography, 2019-2032 (USD Million)
- 8.3. AI in Medical Imaging Market - North America
- 8.3.1. North America: AI in Medical Imaging Market, by Application, 2019-2032 (USD Million)
- 8.3.2. North America: AI in Medical Imaging Market, by Modality, 2019-2032 (USD Million)
- 8.3.3. North America: AI in Medical Imaging Market, by Technology, 2019-2032 (USD Million)
- 8.3.4. AI in Medical Imaging Market - U.S.
- 8.3.4.1. U.S.: AI in Medical Imaging Market, by Application, 2019-2032 (USD Million)
- 8.3.4.2. U.S.: AI in Medical Imaging Market, by Modality, 2019-2032 (USD Million)
- 8.3.4.3. U.S.: AI in Medical Imaging Market, by Technology, 2019-2032 (USD Million)
- 8.3.5. AI in Medical Imaging Market - Canada
- 8.3.5.1. Canada: AI in Medical Imaging Market, by Application, 2019-2032 (USD Million)
- 8.3.5.2. Canada.: AI in Medical Imaging Market, by Modality, 2019-2032 (USD Million)
- 8.3.5.3. Canada: AI in Medical Imaging Market, by Technology, 2019-2032 (USD Million)
- 8.4. AI in Medical Imaging Market - Europe
- 8.4.1. Europe: AI in Medical Imaging Market, by Application, 2019-2032 (USD Million)
- 8.4.2. Europe.: AI in Medical Imaging Market, by Modality, 2019-2032 (USD Million)
- 8.4.3. Europe: AI in Medical Imaging Market, by Technology, 2019-2032 (USD Million)
- 8.4.4. AI in Medical Imaging Market - UK
- 8.4.4.1. UK: AI in Medical Imaging Market, by Application, 2019-2032 (USD Million)
- 8.4.4.2. UK.: AI in Medical Imaging Market, by Modality, 2019-2032 (USD Million)
- 8.4.4.3. UK: AI in Medical Imaging Market, by Technology, 2019-2032 (USD Million)
- 8.4.5. AI in Medical Imaging Market - France
- 8.4.5.1. France: AI in Medical Imaging Market, by Application, 2019-2032 (USD Million)
- 8.4.5.2. France.: AI in Medical Imaging Market, by Modality, 2019-2032 (USD Million)
- 8.4.5.3. France: AI in Medical Imaging Market, by Technology, 2019-2032 (USD Million)
- 8.4.6. AI in Medical Imaging Market - Germany
- 8.4.6.1. Germany: AI in Medical Imaging Market, by Application, 2019-2032 (USD Million)
- 8.4.6.2. Germany.: AI in Medical Imaging Market, by Modality, 2019-2032 (USD Million)
- 8.4.6.3. Germany: AI in Medical Imaging Market, by Technology, 2019-2032 (USD Million)
- 8.4.7. AI in Medical Imaging Market - Italy
- 8.4.7.1. Italy: AI in Medical Imaging Market, by Application, 2019-2032 (USD Million)
- 8.4.7.2. Italy.: AI in Medical Imaging Market, by Modality, 2019-2032 (USD Million)
- 8.4.7.3. Italy: AI in Medical Imaging Market, by Technology, 2019-2032 (USD Million)
- 8.4.8. AI in Medical Imaging Market - Spain
- 8.4.8.1. Spain: AI in Medical Imaging Market, by Application, 2019-2032 (USD Million)
- 8.4.8.2. Spain.: AI in Medical Imaging Market, by Modality, 2019-2032 (USD Million)
- 8.4.8.3. Spain: AI in Medical Imaging Market, by Technology, 2019-2032 (USD Million)
- 8.4.9. AI in Medical Imaging Market - Netherlands
- 8.4.9.1. Netherlands: AI in Medical Imaging Market, by Application, 2019-2032 (USD Million)
- 8.4.9.2. Netherlands.: AI in Medical Imaging Market, by Modality, 2019-2032 (USD Million)
- 8.4.9.3. Netherlands: AI in Medical Imaging Market, by Technology, 2019-2032 (USD Million)
- 8.4.10. AI in Medical Imaging Market - Russia
- 8.4.10.1. Russia: AI in Medical Imaging Market, by Application, 2019-2032 (USD Million)
- 8.4.10.2. Russia.: AI in Medical Imaging Market, by Modality, 2019-2032 (USD Million)
- 8.4.10.3. Russia: AI in Medical Imaging Market, by Technology, 2019-2032 (USD Million)
- 8.5. AI in Medical Imaging Market - Asia Pacific
- 8.5.1. Asia Pacific: AI in Medical Imaging Market, by Application, 2019-2032 (USD Million)
- 8.5.2. Asia Pacific.: AI in Medical Imaging Market, by Modality, 2019-2032 (USD Million)
- 8.5.3. Asia Pacific: AI in Medical Imaging Market, by Technology, 2019-2032 (USD Million)
- 8.5.4. AI in Medical Imaging Market - China
- 8.5.4.1. China: AI in Medical Imaging Market, by Application, 2019-2032 (USD Million)
- 8.5.4.2. China.: AI in Medical Imaging Market, by Modality, 2019-2032 (USD Million)
- 8.5.4.3. China: AI in Medical Imaging Market, by Technology, 2019-2032 (USD Million)
- 8.5.5. AI in Medical Imaging Market - India
- 8.5.5.1. India: AI in Medical Imaging Market, by Application, 2019-2032 (USD Million)
- 8.5.5.2. India.: AI in Medical Imaging Market, by Modality, 2019-2032 (USD Million)
- 8.5.5.3. India: AI in Medical Imaging Market, by Technology, 2019-2032 (USD Million)
- 8.5.6. AI in Medical Imaging Market - Malaysia
- 8.5.6.1. Malaysia: AI in Medical Imaging Market, by Application, 2019-2032 (USD Million)
- 8.5.6.2. Malaysia.: AI in Medical Imaging Market, by Modality, 2019-2032 (USD Million)
- 8.5.6.3. Malaysia: AI in Medical Imaging Market, by Technology, 2019-2032 (USD Million)
- 8.5.7. AI in Medical Imaging Market - Japan
- 8.5.7.1. Japan: AI in Medical Imaging Market, by Application, 2019-2032 (USD Million)
- 8.5.7.2. Japan.: AI in Medical Imaging Market, by Modality, 2019-2032 (USD Million)
- 8.5.7.3. Japan: AI in Medical Imaging Market, by Technology, 2019-2032 (USD Million)
- 8.5.8. AI in Medical Imaging Market - Indonesia
- 8.5.8.1. Indonesia: AI in Medical Imaging Market, by Application, 2019-2032 (USD Million)
- 8.5.8.2. Indonesia.: AI in Medical Imaging Market, by Modality, 2019-2032 (USD Million)
- 8.5.8.3. Indonesia: AI in Medical Imaging Market, by Technology, 2019-2032 (USD Million)
- 8.5.9. AI in Medical Imaging Market - South Korea
- 8.5.9.1. South Korea: AI in Medical Imaging Market, by Application, 2019-2032 (USD Million)
- 8.5.9.2. South Korea.: AI in Medical Imaging Market, by Modality, 2019-2032 (USD Million)
- 8.5.9.3. South Korea: AI in Medical Imaging Market, by Technology, 2019-2032 (USD Million)
- 8.6. AI in Medical Imaging Market - Middle East & Africa
- 8.6.1. Middle East & Africa: AI in Medical Imaging Market, by Application, 2019-2032 (USD Million)
- 8.6.2. Middle East & Africa.: AI in Medical Imaging Market, by Modality, 2019-2032 (USD Million)
- 8.6.3. Middle East & Africa: AI in Medical Imaging Market, by Technology, 2019-2032 (USD Million)
- 8.6.4. AI in Medical Imaging Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: AI in Medical Imaging Market, by Application, 2019-2032 (USD Million)
- 8.6.4.2. Saudi Arabia.: AI in Medical Imaging Market, by Modality, 2019-2032 (USD Million)
- 8.6.4.3. Saudi Arabia: AI in Medical Imaging Market, by Technology, 2019-2032 (USD Million)
- 8.6.5. AI in Medical Imaging Market - UAE
- 8.6.5.1. UAE: AI in Medical Imaging Market, by Application, 2019-2032 (USD Million)
- 8.6.5.2. UAE.: AI in Medical Imaging Market, by Modality, 2019-2032 (USD Million)
- 8.6.5.3. UAE: AI in Medical Imaging Market, by Technology, 2019-2032 (USD Million)
- 8.6.6. AI in Medical Imaging Market - Israel
- 8.6.6.1. Israel: AI in Medical Imaging Market, by Application, 2019-2032 (USD Million)
- 8.6.6.2. Israel.: AI in Medical Imaging Market, by Modality, 2019-2032 (USD Million)
- 8.6.6.3. Israel: AI in Medical Imaging Market, by Technology, 2019-2032 (USD Million)
- 8.6.7. AI in Medical Imaging Market - South Africa
- 8.6.7.1. South Africa: AI in Medical Imaging Market, by Application, 2019-2032 (USD Million)
- 8.6.7.2. South Africa.: AI in Medical Imaging Market, by Modality, 2019-2032 (USD Million)
- 8.6.7.3. South Africa: AI in Medical Imaging Market, by Technology, 2019-2032 (USD Million)
- 8.7. AI in Medical Imaging Market - Latin America
- 8.7.1. Latin America: AI in Medical Imaging Market, by Application, 2019-2032 (USD Million)
- 8.7.2. Latin America.: AI in Medical Imaging Market, by Modality, 2019-2032 (USD Million)
- 8.7.3. Latin America: AI in Medical Imaging Market, by Technology, 2019-2032 (USD Million)
- 8.7.4. AI in Medical Imaging Market - Mexico
- 8.7.4.1. Mexico: AI in Medical Imaging Market, by Application, 2019-2032 (USD Million)
- 8.7.4.2. Mexico.: AI in Medical Imaging Market, by Modality, 2019-2032 (USD Million)
- 8.7.4.3. Mexico: AI in Medical Imaging Market, by Technology, 2019-2032 (USD Million)
- 8.7.5. AI in Medical Imaging Market - Brazil
- 8.7.5.1. Brazil: AI in Medical Imaging Market, by Application, 2019-2032 (USD Million)
- 8.7.5.2. Brazil.: AI in Medical Imaging Market, by Modality, 2019-2032 (USD Million)
- 8.7.5.3. Brazil: AI in Medical Imaging Market, by Technology, 2019-2032 (USD Million)
- 8.7.6. AI in Medical Imaging Market - Argentina
- 8.7.6.1. Argentina: AI in Medical Imaging Market, by Application, 2019-2032 (USD Million)
- 8.7.6.2. Argentina.: AI in Medical Imaging Market, by Modality, 2019-2032 (USD Million)
- 8.7.6.3. Argentina: AI in Medical Imaging Market, by Technology, 2019-2032 (USD Million)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Siemens Healthineers AG
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. GE Healthcare
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. IBM Watson Health
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. BenevolentAI Limited
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Philips Healthcare
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Zebra Medical Vision Inc.
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Samsung Electronics Co. Ltd
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Medtronic Plc
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. EchoNous, Inc
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Enlitic Inc.
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. Nvidia Corporation
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. Oxipit.ai
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development