The global demand for Artificial Intelligence in Diagnostics Market is presumed to reach the market size of nearly USD 3305.22 MN by 2028 from USD 610.1 MN in 2021 with a CAGR of 27.3% under the study period 2022 - 2028.
Artificial intelligence (AI) in diagnostics is utilized to analyse complex medical and imaging data and approximate human cognition. For instance, AI could support healthcare procedures by checking patients' vital signs, answering their questions, and providing them with medications. During medical procedures, AI systems can also be utilised for alerts and reminders, picture interpretation, information retrieval, and therapeutic planning. Multiple technologies, including machine learning, vision, reasoning, and natural language processing, are combined to create artificial intelligence.
A major factor boosting the growth of artificial intelligence in the diagnostics market is the growing demand to improve patient care and lower treatment costs. Compared to a traditional evaluation of images produced by X-beams and MRIs, artificial intelligence in clinical imaging leads to speedier decisions and fewer errors. Some key obstacles that could limit the growth of artificial intelligence (AI) in the diagnostics market include medical ethics concerns, liability for medical errors, and system failure risks. The problem of data sharing by multiple organisational silos is another important consideration. Regardless, AI and deep learning improvements are anticipated to make disease diagnosis more accurate over the following few years.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of artificial intelligence in diagnostics. The growth and trends of artificial intelligence in diagnostics industry provide a holistic approach to this study.
This section of the artificial intelligence in diagnostics market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Diagnosis Type
- Chest And Lung
This section covers the regional outlook, which accentuates current and future demand for the Artificial Intelligence in Diagnostics market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Artificial Intelligence in Diagnostics Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the artificial intelligence in diagnostics market include Siemens Healthineers, Zebra Medical Vision Inc., Riverain Technologies, Vuno, Inc., Aidoc, Neural Analytics, Imagen Technologies, Digital Diagnostics Inc., GE Healthcare, AliveCor Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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