Global Artificial Intelligence in Medical Imaging Market (2022 to 2026) – Size, Trends and Forecast with Impact of COVID-19 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The report “Global Artificial Intelligence in Medical Imaging Market: Size, Trends and Forecast with Impact of COVID-19 (2022-2026)” has been added to from ResearchAndMarkets.com offer.

Artificial intelligence (AI) is a branch of computer science that aims to imitate human intelligence through intelligent systems such as image analysis and voice recognition. Medical imaging is the technique and process of imaging the interior of a body for clinical analysis and medical intervention, as well as visual representation of the function of certain organs or tissues. AI methods excel at automatically recognizing complex patterns in imaging data and providing quantitative, rather than qualitative, assessments of radiographic features.

The global artificial intelligence in medical imaging market can be segmented on the basis of image acquisition technology (X-ray, CT scan, MRI, ultrasound imaging, and molecular imaging); AI technology (deep learning and other AIs and computer vision); clinical application (Cardiology, Neurology, Breast, Pneumology, Liver and Rest of the body); and end user (medical institutions and consumer healthcare environment).

COVID-19 is having a positive effect on market growth. Attempts have also been made to identify various imaging features of the chest CT scan, which has resulted in increased popularity of AI in the medical imaging market amid the pandemic. However, with the rise in COVID-19 cases around the world, emerging AI technologies are being developed to help hospitals scale treatment in the second wave. It also highlights the importance of expanding the use of AI and machine learning in imaging, with the dual goals of improving diagnostics and improving patient well-being and job security. clinicians.

The global AI in medical imaging market grew during the years 2019-2021. Projections are made that the market would grow tremendously over the next four years, i.e., 2022-2026. Global AI in Medical Imaging Market is Expected to Rise Due to Rising Burden of Chronic Diseases, Rising Healthcare Spending, Rising AI Funding, Rising Government Spending and political support, etc. Still, the market faces some challenges such as development hurdles, black box nature of AI, etc.

The global AI in medical imaging market is fragmented. Key players in the global AI in medical imaging market are IBM (IBM Watson Health), Butterfly Network, Inc., Gauss Surgical, Inc. and Arterys are also profiled with their respective financial information and business strategies.

Market dynamics

Drivers

  • Increasing burden of chronic diseases

  • Increase health spending

  • Increase funding for artificial intelligence

  • Technology upgrades and innovation

  • Increase in demand for medical imaging

  • Increase public spending and policy support

Challenges

  • Barriers to Development

  • Complexity in identifying business use cases for acquiring radiology software

  • Inadequate availability of training datasets

  • The nature of the black box of AI

Tendencies

  • Towards a detection of superhuman diseases

  • Increase the diversity of training datasets

  • Detect multiple diseases from a single image

  • High image resolution to optimize algorithm performance

Company coverage:

  • IBM (IBM Watson Health)

  • Butterfly Network, Inc.

  • Gauss Surgical Inc.

  • Arteries

For more information about this report visit https://www.researchandmarkets.com/r/eq3eya


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