PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1529550
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1529550
The Global Artificial Intelligence in Ultrasound Imaging Market is estimated to be valued at USD 972.1 Mn in 2024 and is expected to reach USD 1,879.2 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 9.9% from 2024 to 2031.
Report Coverage | Report Details | ||
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Base Year: | 2023 | Market Size in 2024: | US$ 972.1 Mn |
Historical Data for: | 2019 To 2023 | Forecast Period: | 2024 to 2031 |
Forecast Period 2024 to 2031 CAGR: | 9.90% | 2031 Value Projection: | US$ 1,879.2 Mn |
Artificial Intelligence (AI) in healthcare is transforming medical imaging with the use of deep learning algorithms. One such application is the use of AI in ultrasound imaging. Ultrasound imaging is a commonly used imaging technique due to its non-invasive and cost-effective nature. However, ultrasound images can be challenging to interpret due to artifacts and presence of noise. AI has the potential to overcome these challenges in ultrasound imaging by automating clinical workflows and providing quantitative tools to assist radiologists. The global artificial intelligence in ultrasound imaging market is expected to witness significant growth due to the rising demand for accurate and fast diagnosis along with increasing adoption of AI solutions among healthcare providers to enhance productivity.
The global artificial intelligence in ultrasound imaging market is driven by the rising geriatric population suffering from chronic diseases, increasing demand for minimally invasive diagnostic procedures, and benefits of AI such as improved workflow efficiency and accuracy of diagnosis. However, lack of skilled AI workforce and security & privacy concerns of patient data could hinder the market growth. The market players have opportunities to develop advanced AI-based applications to enhance various applications of ultrasound like fetal ultrasound, cardiac ultrasound, and abdominal ultrasound imaging. Partnerships with device manufacturers and healthcare providers would help gain higher penetration in the market.
This report provides in-depth analysis of the global artificial intelligence in ultrasound imaging market, and provides market size (USD Million) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global artificial intelligence in ultrasound imaging market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Philips Healthcare, GE Healthcare, NVIDIA Corporation, Samsung Medison, Hitachi, Terason Corporation
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global artificial intelligence in ultrasound imaging market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global artificial intelligence in ultrasound imaging market.
Detailed Segmentation-