Report Feature
Artificial Intelligence in the Diagnostic Market Trends and Forecast
The future of artificial intelligence in the global diagnostic market looks promising with opportunities in the radiology, oncology, neurology & cardiology, chest & lung, and pathology markets. The use of artificial intelligence in the global diagnostic market is expected to reach an estimated $3.8 billion by 2028 with a CAGR of 33.5% from 2023 to 2028. The major drivers for this market are increasing need to lower diagnostic expenses, technological developments in the healthcare sector, and rising demand for low-cost diagnostic components.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown here.
Artificial Intelligence in the Diagnostic Market by Segment
The study includes trends and forecast for artificial intelligence in the global diagnostic market by component, technology, diagnosis type, and region as follows:
Artificial Intelligence in the Diagnostic Market by Component [Shipment Analysis by Value from 2017 to 2028]:
- Hardware
- Software
- Services
Artificial Intelligence in the Diagnostic Market by Technology [Shipment Analysis by Value from 2017 to 2028]:
- Machine Learning
- NLP
- Context-Aware Computing
- Computer Vision
Artificial Intelligence in the Diagnostic Market by Diagnosis Type [Shipment Analysis by Value from 2017 to 2028]:
- Radiology
- Oncology
- Neurology & Cardiology
- Chest & Lungs
- Pathology
- Others
Artificial Intelligence in the Diagnostic Market by Region [Shipment Analysis by Value from 2017 to 2028]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Artificial Intelligence Companies in the Diagnostic Market
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, artificial intelligence companies in the diagnostic market cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of artificial intelligence companies in the diagnostic market profiled in this report include-
- General Electric
- Siemens
- Aidoc Medical
- AliveCor
- Imagen Technologies
- VUNO
- IDx Technologies
- NovaSignal Corporation
- Riverain Technologies
- Zebra Medical Vision
Artificial Intelligence in the Diagnostic Market Insights
- Lucintel forecasts that software is expected to witness the highest growth over the forecast period due to advancement of AI-driven software designed for healthcare diagnosis in test accuracy, as well as increasing requirement for AI-enabled and cloud-centric enhanced diagnostic solutions to improve diagnostic accuracy significantly while interpreting medical imagery of patients.
- Neurology & cardiology will remain the largest segment due to rising incidence of neurological disorders and increasing trend of adopting value based care in treating the cases of neurological disorders across the globe.
- North America will remain the largest region over the forecast period due to widespread incorporation of electronic health records (EHRs), telehealth offerings, and additional digital healthcare solutions, as well as seamless integration of AI-driven diagnostic instruments.
Features of Artificial Intelligence in the Diagnostic Market
- Market Size Estimates: Artificial intelligence in the diagnostic market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2017 to 2022) and forecast (2023 to 2028) by various segments and regions.
- Segmentation Analysis: Artificial intelligence in the diagnostic market size by various segments, such as by component, technology, diagnosis type, and region in terms of value ($B).
- Regional Analysis: Artificial intelligence in the diagnostic market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different components, technologies, diagnosis types, and regions for artificial intelligence in the diagnostic market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of artificial intelligence in the diagnostic market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is artificial intelligence in the diagnostic market size?
Answer: The use of artificial intelligence in the global diagnostic market is expected to reach an estimated $3.8 billion by 2028.
Q.2 What is the growth forecast for artificial intelligence in the diagnostic market?
Answer: The use of artificial intelligence in the global diagnostic market is expected to grow with a CAGR of 33.5% from 2023 to 2028.
Q.3 What are the major drivers influencing the growth of artificial intelligence in the diagnostic market?
Answer: The major drivers for this market are increasing need to lower diagnostic expenses, technological developments in the healthcare sector, and rising demand for low-cost diagnostic components.
Q4. What are the major segments for artificial intelligence in the diagnostic market?
Answer: The future of artificial intelligence in the diagnostic market looks promising with opportunities in the radiology, oncology, neurology & cardiology, chest & lung, and pathology markets.
Q5. Who are the key artificial intelligence companies in the diagnostic market?
Answer: Some of the key artificial intelligence companies in the diagnostic market are as follows:
Answer: The use of artificial intelligence in the global diagnostic market is expected to reach an estimated $3.8 billion by 2028.
Q.2 What is the growth forecast for artificial intelligence in the diagnostic market?
Answer: The use of artificial intelligence in the global diagnostic market is expected to grow with a CAGR of 33.5% from 2023 to 2028.
Q.3 What are the major drivers influencing the growth of artificial intelligence in the diagnostic market?
Answer: The major drivers for this market are increasing need to lower diagnostic expenses, technological developments in the healthcare sector, and rising demand for low-cost diagnostic components.
Q4. What are the major segments for artificial intelligence in the diagnostic market?
Answer: The future of artificial intelligence in the diagnostic market looks promising with opportunities in the radiology, oncology, neurology & cardiology, chest & lung, and pathology markets.
Q5. Who are the key artificial intelligence companies in the diagnostic market?
Answer: Some of the key artificial intelligence companies in the diagnostic market are as follows:
- General Electric
- Siemens
- Aidoc Medical
- AliveCor
- Imagen Technologies
- VUNO
- IDx Technologies
- NovaSignal Corporation
- Riverain Technologies
- Zebra Medical Vision
Q6. Which segment in the diagnostic market in terms of artificial Intelligence usage will be the largest in future?
Answer: Lucintel forecasts that software is expected to witness the highest growth over the forecast period due to advancement of AI-driven software designed for healthcare diagnosis in test accuracy, as well as increasing requirement for AI-enabled and cloud-centric enhanced diagnostic solutions to improve diagnostic accuracy significantly while interpreting medical imagery of patients.
Q7. In the diagnostic market in terms of artificial Intelligence usage, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to widespread incorporation of electronic health records (EHRs), telehealth offerings, and additional digital healthcare solutions, as well as seamless integration of AI-driven diagnostic instruments.
Q.8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
Answer: Lucintel forecasts that software is expected to witness the highest growth over the forecast period due to advancement of AI-driven software designed for healthcare diagnosis in test accuracy, as well as increasing requirement for AI-enabled and cloud-centric enhanced diagnostic solutions to improve diagnostic accuracy significantly while interpreting medical imagery of patients.
Q7. In the diagnostic market in terms of artificial Intelligence usage, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to widespread incorporation of electronic health records (EHRs), telehealth offerings, and additional digital healthcare solutions, as well as seamless integration of AI-driven diagnostic instruments.
Q.8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
