AI in Medical Imaging Market is Estimated to Witness High Growth...

AI in Medical Imaging Market is Estimated to Witness High Growth Owing to Advancements in Deep Learning Technologies

Posted 2024-09-05 06:06:24

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Medical imaging plays a vital role in diagnosis and treatment of several medical conditions. Technological advancements have enabled improved imaging capabilities leading to higher diagnostic accuracy.

AI In Medical Imaging Market Size And Trends to revolutionize medical imaging by enabling faster, more precise diagnosis and treatment. Deep learning algorithms can analyze large volume of medical imaging data to identify patterns and insights that may be imperceptible to humans. AI assisted analysis can help detect anomalies, predict the risk of diseases, and facilitate treatment evaluation and management.

The Global AI in Medical Imaging Market is estimated to be valued at US$ 1.21 Bn in 2024 and is expected to exhibit a CAGR of 34% over the forecast period 2024 to 2031.

Advancements in deep learning techniques like convolutional neural networks (CNN) have AI in Medical Imaging Market Demand to achieve super-human accuracy in medical image analysis. This is anticipated to drive increased adoption of AI-based tools across various medical specialties like radiology, pathology, cardiology and orthopedics over the coming years.

Key Takeaways
Key players operating in the AI in Medical Imaging are GE Healthcare, Siemens Healthineers, Canon Medical Systems, Philips, Aidoc, Fujifilm Holdings Corporation, Imagia Cybernetics, Lunit, Enlitic, iCAD Inc., ContextVision, Subtle Medical, CancerCenter.ai, Viz.ai, Zebra Medical Vision, Qure.ai, Zebra Medical Vision, PathAI, Tempus, and Dascena.
Key opportunities lie in integrating AI capabilities within medical imaging hardware, deployment of AI-based disease screening and diagnostic solutions and continued technological advancements in deep learning.

Deep learning techniques like CNN, RNN, GAN and Transformer models have enabled superior performance of AI algorithms in medical image analysis. Continued refinements in deep learning models, availability of large curated medical imaging datasets and growth of computational power is expected to further augment the capabilities of AI in medical imaging over the coming years.

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