Artificial Intelligence (AI) in Medical Imaging Market Analysis

AI in Medical Imaging Market Analysis

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Based on modality, the X-ray segment amassed around 31.5% of the AI in medical imaging market share in 2022. High accuracy of AI has increased its demand in X-ray modalities. AR and VR technologies are now being integrated with X-ray imaging to provide immersive and interactive experiences for radiologists. This allows healthcare professionals to visualize X-ray images in 3D, overlay anatomical information, or simulate procedures for pre-operative planning. These technologies can enhance spatial understanding and facilitate more precise interpretations, streamlining segment progression.

Based on end-use, the hospitals segment registered over 42.5% of the AI in medical imaging market share in 2022. High availability of advanced AI-based medical cameras in hospitals will contribute to segment growth. Moreover, favorable reimbursement policies, in line with the high availability of skilled healthcare professionals, have increased patient visits in these facilities, further leading to segment expansion. Besides, rising investments in expanding the existing healthcare infrastructure will further work in favor of segment progress.
 

From the regional standpoint, North America AI in medical imaging market held more than 35.5% share in 2022. Flourishing healthcare infrastructure and the robust presence of key industry players is contributing to regional growth. Many healthcare institutions and research agencies in the region are heavily investing in AI in the healthcare sector. For instance, in September 2022, the National Institutes of Health announced that it would invest USD 130 million over four years to accelerate the use of AI by biomedical and behavioral research authorities.