The artificial intelligence in ultrasound imaging market involves the integration of artificial intelligence capabilities into ultrasound imaging devices and platforms. Ultrasound imaging devices make use of high-frequency sound waves to capture live images of organs, tissues, and other internal structures inside the human body in real-time. The incorporation of artificial intelligence helps enhance the imaging capabilities through automation of various imaging processes, improved diagnostic accuracy, and reduction of human errors. AI technologies allow ultrasound devices to automatically analyze captured ultrasound images and videos, detect abnormalities, classify diseases, and provide automated diagnostic assistance to radiologists. This saves significant time of radiologists and improves patient outcomes.
The Global artificial intelligence in ultrasound imaging market is estimated to be valued at US$ 972.1 Mn in 2024 and is expected to exhibit a CAGR of 9.9% over the forecast period from 2024 to 2031.
Key players operating in the artificial intelligence in ultrasound imaging are NVIDIA Corporation, Intel Corporation, IBM, EchoNous, Inc., Microsoft, General Vision Inc., GENERAL ELECTRIC COMPANY, Johnson & Johnson Services, Inc., Siemens Healthcare Private Limited, Medtronic, CloudMedx Inc., Agfa-Gevaert Group, Butterfly Network, Inc., Imagia Cybernetics Inc., Enlitic, Inc., Micron Technology, Inc., and SAMSUNG. The growing demand for accurate and faster diagnosis is one of the major factors responsible for driving the growth of the artificial intelligence in ultrasound imaging market. The incorporation of AI helps reduce diagnostic time along with improved accuracy by automatically analyzing millions of medical images. Additionally, the increasing prevalence of chronic diseases along with the growing geriatric population globally is also contributing to the rising demand.
The AI in Ultrasound Imaging Market Forecasts is witnessing significant growth globally driven by the increasing adoption of AI-based ultrasound devices across developed markets of North America and Europe. Various startup companies are also entering the market and launching affordable and portable AI-enabled ultrasound devices targeted towards emerging markets of Asia Pacific and Latin America. This is expected to further fuel the global expansion of the artificial intelligence in ultrasound imaging market during the forecast period.
Market drivers:
The increasing investments by key players in the development of advanced AI solutions for ultrasound imaging is a key factor driving the growth of the market. Furthermore, the advantages offered by AI technologies such as automated diagnostic assistance, improved workflow efficiency, and reduction of human errors are further propelling the adoption of AI-based ultrasound devices across healthcare facilities globally. The development of innovative applications of AI in ultrasound imaging for therapeutic applications is anticipated to generate potential growth opportunities for market players in the coming years.
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