Global Artificial Intelligence in Diagnostics Market: Industry Analysis and Forecast 2021-2027: By Component, Diagnosis and Region.

Global Artificial Intelligence in Diagnostics Market is anticipated to reach US$ 33.74 Bn. by 2027 from US$ 3.63 Bn. in 2019 at a CAGR of 45% during a forecast period.

Global Artificial Intelligence in Diagnostics Market Overview

Artificial intelligence (AI) is the process of creating unique systems using processes and software that can complete tasks without the need for human interaction. Artificial intelligence technologies include machine learning, natural language processing, reasoning, and insight. It's used in medicine to replicate human perception and draw conclusions from complicated medical and diagnostic data given in graphs or other visuals. In healthcare, artificial intelligence is largely employed to investigate the link between treatment approaches and patient results. Diagnostic processes, medication research, customized medicines, and patient monitoring care are all areas where AI systems are being used. Global Artificial Intelligence in Diagnostics Market To know about the Research Methodology :- Request Free Sample Report The report has covered the market trends from 2015 to forecast the market through 2027. 2019 is considered a base year however 2020’s numbers are on the real output of the companies in the market. Special attention is given to 2020 and the effect of lockdown on the demand and supply, and also the impact of lockdown for the next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.

Global Artificial Intelligence in Diagnostics Market Dynamics

Artificial intelligence (AI) is expected to gain traction in diagnostics because of increased investments from nonprofits and private corporations to improve information interchange and clinical results as well as cost savings. Also, higher government spending on healthcare is supporting market growth by increasing demand for e-diagnostic services in the healthcare sector. In addition, the rising need for low-cost diagnostic procedures, effective and efficient report analysis and rapid diagnostic data creation are just a few of the reasons expected to propel the market's growth during the forecast period. Global Artificial Intelligence in Diagnostics Market Similarly, startups creating AI-driven imaging and diagnostic solutions are the other major drivers of market growth. The business uses Artificial Intelligence and Machine Learning to aid in the prevention, detection, and diagnosis of acute and chronic cardiac problems. China, the United States, and the United Kingdom are becoming attractive centers for healthcare innovation. Healthcare AI startups in China have profited from the government's AI-focused growth plan, which has encouraged investment and public-private partnerships. For example, the five-year-old business has aided 3 million patients internationally using Artificial Intelligence and Machine Learning. Restraints: These Artificial intelligence-based technologies require expertise and experience to work. Healthcare professionals are likewise wary about AI diagnosis' accuracy. This factor is expected to hamper the market growth during the forecast period.

COVID-19 Impact on the Global Artificial Intelligence in Diagnostics Market

The global artificial intelligence diagnostic market has benefited from the COVID-19-induced pandemic. The usage of AI diagnostic tools for identifying the presence of viruses in the human body increased during the COVID-19 epidemic. Because AI-based solutions and technologies can function rapidly, this has resulted in faster adoption of AI in medical diagnostics. AI-based tools and solutions for medical image analyses can improve computed tomography in the diagnosis of covid-19 as well as assess the severity of the disease in patients by quantifying lung involvement using deep learning models for automated classification and detection of covid-19 on CT scans. Furthermore, most firms are working on X-ray and CT AI-powered solutions for healthcare systems for patient triage and management. As a result of the emergence of covid-19, the global artificial intelligence in the diagnostics market is growing.

Global Artificial Intelligence in Diagnostics Market Segmentation Analysis

By Component, in 2019, the software segment dominated the market, accounting for 44.3 percent of total sales. The growing need for cloud-based and AI-powered or upgraded diagnostic solutions to improve diagnostic precision while processing and interpreting medical pictures of patients is driving the segment's growth. Many AI businesses are creating a wide range of software solutions for a wide range of healthcare applications. This is also a significant element driving the growth of the software segment.

Global Artificial Intelligence in Diagnostics Market Regional Insights

The North American artificial intelligence diagnostic market held a 56 percent revenue share in 2019. This region's market is expected to grow due to a high acceptance rate of AI in healthcare by both public and private companies, as well as substantial government financing for the healthcare sector. Additionally, the United States is the fastest-growing market in North America. For example, there is a considerable increase in the adoption and development of technology-advanced diagnosis software for medical applications in the U.S. Asia Pacific is expected to emerge as the fastest-growing region during the forecast period. The growing number of government initiatives to encourage healthcare suppliers, as well as cumulative funds from nonprofit organizations and private corporations, better clinical outcomes, and cost savings are expected to drive up demand for AI in diagnostics.

Global Artificial Intelligence in Diagnostics Market Scope: Inquire before buying

Global Artificial Intelligence in Diagnostics Market

Global Artificial Intelligence in Diagnostics Market by Region

• North America • Asia pacific • Europe • Middle East and Africa • South America

Global Artificial Intelligence in Diagnostics Market: Key Players

AidocGE HealthcareVuno Inc.Siemens Healthcare GmbH • AliveCor • Imagen Technologies • IDx Technologies Inc. • Neural Analytics • Riverain Technologies • Zebra Medical Vision • Siemens AG • NovaSignal Corporation • Icometrix • Koninklijke Philips N.V • Caption Health, Inc.

Frequently Asked Questions

1. What is the projected market size & growth rate of Global Artificial Intelligence in Diagnostics Market? Ans- Artificial Intelligence in Diagnostics Market was valued at USD 3.63 billion in 2019 and is projected to reach USD 33.74 billion by 2027, growing at a CAGR of 45% during the forecast period. 2. What are the key driving factors for the growth of Global Artificial Intelligence in Diagnostics Market? Ans- Artificial intelligence (AI) is expected to gain traction in diagnostics because of increased investments from nonprofits and private corporations to improve information interchange and clinical results as well as cost savings. 3. Which region accounted for the largest Global Artificial Intelligence in Diagnostics Market share? Ans- The North American artificial intelligence diagnostic market held a 56 percent revenue share in 2019. 4. What makes Asia Pacific a Lucrative Market for Global Artificial Intelligence in Diagnostics Market? Ans- A growing number of government initiatives to encourage healthcare suppliers, as well as cumulative funds from nonprofit organizations and private corporations, better clinical outcomes, and cost savings, are expected to drive up demand for AI in diagnostics. 5. What are the top players operating in Global Artificial Intelligence in Diagnostics Market? Ans- Aidoc, AliveCor, GE Healthcare, Imagen Technologies, Vuno Inc., IDx Technologies Inc., Siemens Healthcare GmbH, and Neural Analytics.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Artificial Intelligence in Diagnostics Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2019 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Artificial Intelligence in Diagnostics Market 3.4. Geographical Snapshot of the Artificial Intelligence in Diagnostics Market, By Manufacturer share 4. Global Artificial Intelligence in Diagnostics Market Overview, 2019-2027 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Artificial Intelligence in Diagnostics Market 5. Supply Side and Demand Side Indicators 6. Global Artificial Intelligence in Diagnostics Market Analysis and Forecast, 2019-2027 6.1. Global Artificial Intelligence in Diagnostics Market Size & Y-o-Y Growth Analysis. 7. Global Artificial Intelligence in Diagnostics Market Analysis and Forecasts, 2019-2027 7.1. Market Size (Value) Estimates & Forecast By Component,2019-2027 7.1.1. Software 7.1.2. Hardware 7.1.3. Services 7.2. Market Size (Value) Estimates & Forecast By Diagnosis,2019-2027 7.2.1. Cardiology 7.2.2. Oncology 7.2.3. Pathology 7.2.4. Radiology 7.2.5. Chest and Lung 7.2.6. Neurology 7.2.7. Others 8. Global Artificial Intelligence in Diagnostics Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2019-2027 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Artificial Intelligence in Diagnostics Market Analysis and Forecasts, 2019-2027 9.1. Market Size (Value) Estimates & Forecast By Component,2019-2027 9.1.1. Software 9.1.2. Hardware 9.1.3. Services 9.2. Market Size (Value) Estimates & Forecast By Diagnosis,2019-2027 9.2.1. Cardiology 9.2.2. Oncology 9.2.3. Pathology 9.2.4. Radiology 9.2.5. Chest and Lung 9.2.6. Neurology 9.2.7. Others 10. North America Artificial Intelligence in Diagnostics Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2019-2027 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Artificial Intelligence in Diagnostics Market Analysis and Forecasts, 2019-2027 11.1. Market Size (Value) Estimates & Forecast By Component,2019-2027 11.2. Market Size (Value) Estimates & Forecast By Diagnosis,2019-2027 12. Canada Artificial Intelligence in Diagnostics Market Analysis and Forecasts, 2019-2027 12.1. Market Size (Value) Estimates & Forecast By Component,2019-2027 12.2. Market Size (Value) Estimates & Forecast By Diagnosis,2019-2027 13. Mexico Artificial Intelligence in Diagnostics Market Analysis and Forecasts, 2019-2027 13.1. Market Size (Value) Estimates & Forecast By Component,2019-2027 13.2. Market Size (Value) Estimates & Forecast By Diagnosis,2019-2027 14. Europe Artificial Intelligence in Diagnostics Market Analysis and Forecasts, 2019-2027 14.1. Market Size (Value) Estimates & Forecast By Component,2019-2027 14.2. Market Size (Value) Estimates & Forecast By Diagnosis,2019-2027 15. Europe Artificial Intelligence in Diagnostics Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2019-2027 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Artificial Intelligence in Diagnostics Market Analysis and Forecasts, 2019-2027 16.1. Market Size (Value) Estimates & Forecast By Component,2019-2027 16.2. Market Size (Value) Estimates & Forecast By Diagnosis,2019-2027 17. France Artificial Intelligence in Diagnostics Market Analysis and Forecasts, 2019-2027 17.1. Market Size (Value) Estimates & Forecast By Component,2019-2027 17.2. Market Size (Value) Estimates & Forecast By Diagnosis,2019-2027 18. Germany Artificial Intelligence in Diagnostics Market Analysis and Forecasts, 2019-2027 18.1. Market Size (Value) Estimates & Forecast By Component,2019-2027 18.2. Market Size (Value) Estimates & Forecast By Diagnosis,2019-2027 19. Italy Artificial Intelligence in Diagnostics Market Analysis and Forecasts, 2019-2027 19.1. Market Size (Value) Estimates & Forecast By Component,2019-2027 19.2. Market Size (Value) Estimates & Forecast By Diagnosis,2019-2027 20. Spain Artificial Intelligence in Diagnostics Market Analysis and Forecasts, 2019-2027 20.1. Market Size (Value) Estimates & Forecast By Component,2019-2027 20.2. Market Size (Value) Estimates & Forecast By Diagnosis,2019-2027 21. Sweden Artificial Intelligence in Diagnostics Market Analysis and Forecasts, 2019-2027 21.1. Market Size (Value) Estimates & Forecast By Component,2019-2027 21.2. Market Size (Value) Estimates & Forecast By Diagnosis,2019-2027 22. CIS Countries Artificial Intelligence in Diagnostics Market Analysis and Forecasts, 2019-2027 22.1. Market Size (Value) Estimates & Forecast By Component,2019-2027 22.2. Market Size (Value) Estimates & Forecast By Diagnosis,2019-2027 23. Rest of Europe Artificial Intelligence in Diagnostics Market Analysis and Forecasts, 2019-2027 23.1. Market Size (Value) Estimates & Forecast By Component,2019-2027 23.2. Market Size (Value) Estimates & Forecast By Diagnosis,2019-2027 24. Asia Pacific Artificial Intelligence in Diagnostics Market Analysis and Forecasts, 2019-2027 24.1. Market Size (Value) Estimates & Forecast By Component,2019-2027 24.2. Market Size (Value) Estimates & Forecast By Diagnosis,2019-2027 25. Asia Pacific Artificial Intelligence in Diagnostics Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2019-2027 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Artificial Intelligence in Diagnostics Market Analysis and Forecasts, 2019-2027 26.1. Market Size (Value) Estimates & Forecast By Component,2019-2027 26.2. Market Size (Value) Estimates & Forecast By Diagnosis,2019-2027 27. India Artificial Intelligence in Diagnostics Market Analysis and Forecasts, 2019-2027 27.1. Market Size (Value) Estimates & Forecast By Component,2019-2027 27.2. Market Size (Value) Estimates & Forecast By Diagnosis,2019-2027 28. Japan Artificial Intelligence in Diagnostics Market Analysis and Forecasts, 2019-2027 28.1. Market Size (Value) Estimates & Forecast By Component,2019-2027 28.2. Market Size (Value) Estimates & Forecast By Diagnosis,2019-2027 29. South Korea Artificial Intelligence in Diagnostics Market Analysis and Forecasts, 2019-2027 29.1. Market Size (Value) Estimates & Forecast By Component,2019-2027 29.2. Market Size (Value) Estimates & Forecast By Diagnosis,2019-2027 30. Australia Artificial Intelligence in Diagnostics Market Analysis and Forecasts, 2019-2027 30.1. Market Size (Value) Estimates & Forecast By Component,2019-2027 30.2. Market Size (Value) Estimates & Forecast By Diagnosis,2019-2027 31. ASEAN Artificial Intelligence in Diagnostics Market Analysis and Forecasts, 2019-2027 31.1. Market Size (Value) Estimates & Forecast By Component,2019-2027 31.2. Market Size (Value) Estimates & Forecast By Diagnosis,2019-2027 32. Rest of Asia Pacific Artificial Intelligence in Diagnostics Market Analysis and Forecasts, 2019-2027 32.1. Market Size (Value) Estimates & Forecast By Component,2019-2027 32.2. Market Size (Value) Estimates & Forecast By Diagnosis,2019-2027 33. Middle East Africa Artificial Intelligence in Diagnostics Market Analysis and Forecasts, 2019-2027 33.1. Market Size (Value) Estimates & Forecast By Component,2019-2027 33.2. Market Size (Value) Estimates & Forecast By Diagnosis,2019-2027 34. Middle East Africa Artificial Intelligence in Diagnostics Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2019-2027 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Artificial Intelligence in Diagnostics Market Analysis and Forecasts, 2019-2027 35.1. Market Size (Value) Estimates & Forecast By Component,2019-2027 35.2. Market Size (Value) Estimates & Forecast By Diagnosis,2019-2027 36. GCC Countries Artificial Intelligence in Diagnostics Market Analysis and Forecasts, 2019-2027 36.1. Market Size (Value) Estimates & Forecast By Component,2019-2027 36.2. Market Size (Value) Estimates & Forecast By Diagnosis,2019-2027 37. Egypt Artificial Intelligence in Diagnostics Market Analysis and Forecasts, 2019-2027 37.1. Market Size (Value) Estimates & Forecast By Component,2019-2027 37.2. Market Size (Value) Estimates & Forecast By Diagnosis,2019-2027 38. Nigeria Artificial Intelligence in Diagnostics Market Analysis and Forecasts, 2019-2027 38.1. Market Size (Value) Estimates & Forecast By Component,2019-2027 38.2. Market Size (Value) Estimates & Forecast By Diagnosis,2019-2027 39. Rest of ME&A Artificial Intelligence in Diagnostics Market Analysis and Forecasts, 2019-2027 39.1. Market Size (Value) Estimates & Forecast By Component,2019-2027 39.2. Market Size (Value) Estimates & Forecast By Diagnosis,2019-2027 40. South America Artificial Intelligence in Diagnostics Market Analysis and Forecasts, 2019-2027 40.1. Market Size (Value) Estimates & Forecast By Component,2019-2027 40.2. Market Size (Value) Estimates & Forecast By Diagnosis,2019-2027 41. South America Artificial Intelligence in Diagnostics Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2019-2027 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Artificial Intelligence in Diagnostics Market Analysis and Forecasts, 2019-2027 42.1. Market Size (Value) Estimates & Forecast By Component,2019-2027 42.2. Market Size (Value) Estimates & Forecast By Diagnosis,2019-2027 43. Argentina Artificial Intelligence in Diagnostics Market Analysis and Forecasts, 2019-2027 43.1. Market Size (Value) Estimates & Forecast By Component,2019-2027 43.2. Market Size (Value) Estimates & Forecast By Diagnosis,2019-2027 44. Rest of South America Artificial Intelligence in Diagnostics Market Analysis and Forecasts, 2019-2027 44.1. Market Size (Value) Estimates & Forecast By Component,2019-2027 44.2. Market Size (Value) Estimates & Forecast By Diagnosis,2019-2027 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Artificial Intelligence in Diagnostics Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Applications 45.2.3.2. M&A Key Players, Forward Integration and Backward Integration 45.3. Company Profile: Key Players 45.3.1. Aidoc 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.4. Aidoc 45.5. AliveCor 45.6. GE Healthcare 45.7. Imagen Technologies 45.8. Vuno Inc. 45.9. IDx Technologies Inc. 45.10. Siemens Healthcare GmbH 45.11. Neural Analytics 45.12. Riverain Technologies 45.13. Zebra Medical Vision 45.14. Siemens AG 45.15. NovaSignal Corporation 45.16. Icometrix 45.17. Koninklijke Philips N.V 45.18. Caption Health, Inc. 46. Primary Key Insights

About This Report

Report ID117571
Category Healthcare
Published DateAug 2021
Updated Date
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