Artificial Intelligence (AI) Enabled Medical Imaging Market Forecast 2030: Key Players & Emerging Trends

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Future Artificial Intelligence (AI) Enabled Medical Imaging Market: Key Dynamics, Size & Share Analysis

The Global Artificial Intelligence (AI) Enabled Medical Imaging Market size was valued at around USD 3.23 billion in 2023 & is projected to reach around USD 16.20 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 25.9% during the forecast period, i.e., 2025-30. The burden of cancer, neurological disorders, and many other diseases has been significantly increasing these days. These diseases require early detection, and if they are not diagnosed or detected accurately at early stages, they can cause lower survival rates, contributing to unavoidable deaths.

Top Market Challenges Impacting the Artificial Intelligence (AI) Enabled Medical Imaging Market Growth

High Procurement Costs Limiting AI Adoption – AI has huge potential to revolutionize how diseases are detected and treated worldwide. However, the high cost of AI-enabled medical imaging significantly impacts the market by creating barriers to entry, limiting accessibility, and thereby slowing down its widespread utilization & adoption. The high cost would result in no or very minimal integration of AI-enabled medical devices in smaller medical facilities or institutions. Hence, this would create or worsen healthcare disparities, particularly in developing regions like India, Indonesia, etc., where due to lack of funds, medical facilities are not able to afford AI-enabled imaging modalities.

Therefore, despite the potential for improved diagnostic accuracy and potential, the high cost hinders the widespread adoption and access to AI-driven medical imaging tools, hindering market growth & expansion.

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Understanding the Core Segments in the Artificial Intelligence (AI) Enabled Medical Imaging Market

Artificial Intelligence (AI) Enabled Medical Imaging Market Size, Share & Industry Trends Analysis- By Component (Hardware, Software, [Perpetual Software License, Subscription Software License, Pay as You Go Software License]), By Workflow (Image Analysis, Image Acquisition, Detection, Reporting & Communication, Diagnosis & Treatment Decision Support, Predictive Analysis & Risk Assessment, Equipment Maintenance, Triage), By Technology (Deep Learning, Machine Learning, Computer Vision, Natural Language Processing (NLP), Others), By Therapeutic Application (Specialty Imaging, [Cardiology, Oncology, [Lung Cancer, Breast Cancer, Other Cancers], Neurology, [Respiratory, Orthopedics, Others], General Imaging), By Deployment (Cloud, On-Premise), By Modality (Computed Tomography, Magnetic Resonance, Ultrasound, X-Ray, Mammography, Multimodality Imaging Systems, Others), By End Users (Hospitals, Clinics, Diagnostics Centers, Others), and Others.

Geographical Analysis of the Artificial Intelligence (AI) Enabled Medical Imaging Market

By Country

  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe.

The Global Artificial Intelligence (AI) Enabled Medical Imaging Market is dominated by North America with a major market share. 

Who Dominates the Artificial Intelligence (AI) Enabled Medical Imaging Market Insights on Key Industry Players?

Companies are strengthening their presence in the Artificial Intelligence (AI) Enabled Medical Imaging market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.

  • Aidoc
  • Arterys Inc.
  • Beijing Infervision Technology Co., Ltd.
  • Blackford Analysis Limited
  • ContextVision AB
  • EnvoyAI
  • Fujifilm Holdings Corporation
  • General Electric Company
  • iCAD, Inc.
  • Koninklijke Philips N.V.
  • Mirada Medical Limited
  • NVIDIA Corporation
  • Nuance Communications, Inc.
  • Resonance Health Ltd.
  • Samsung Electronics Co., Ltd.

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