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Computer Vision in Healthcare Market Size

Report ID: GMI8996
Published Date: Apr 2024
Report Format: PDF

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Computer Vision in Healthcare Market Size

Computer Vision in Healthcare Market was valued at USD 1 billion in 2023 and is expected to grow at a CAGR of 34.3% between 2024 and 2032, driven by increasing demand for improved diagnostic accuracy and efficiency.

Computer Vision in Healthcare Market

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Computer vision technologies have gained the potential to enhance healthcare outcomes by providing more precise medical image analysis, leading to earlier detection of diseases and more tailored treatment plans. Also, as healthcare providers seek ways to optimize workflows and reduce diagnostic errors, the adoption of computer vision solutions offers a promising avenue for achieving these goals. Additionally, advancements in artificial intelligence (AI), along with machine learning algorithms continue to drive innovation in the field, thereby fuelling the growth of computer vision in the healthcare market.

Computer Vision in Healthcare Market Report Attributes
Report Attribute	Details
Base Year:	2023
Computer Vision in Healthcare Market Size in 2023:	USD 1 Billion
Forecast Period:	2024 – 2032
Forecast Period 2024 – 2032 CAGR:	34.3%
2024 – 2032 Value Projection:	USD 14.5 Billion
Historical Data for:	2021 – 2023
No. of Pages:	180
Tables, Charts & Figures:	282
Segments covered:	Component, Application, End-user, and Region
Growth Drivers:	Growing demand for diagnostic accuracy Rapid expansion of AI in healthcare in research areas Increasing utilization of telemedicine
Pitfalls & Challenges:	Rising security concerns related to cloud-based technology Lack of awareness and technical knowledge

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Computer vision in healthcare refers to the application of AI and image processing techniques to interpret and analyze medical images, such as X-rays, MRIs, and CT scans. Computer vision systems leverage advanced algorithms and assist healthcare professionals in tasks such as disease diagnosis, treatment planning, and surgical guidance. These technologies enhance diagnostic accuracy, streamline workflows, and improve patient care outcomes.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Computer vision in healthcare industry size was valued at USD 1 billion in 2023 and is expected to grow at 34.3% CAGR from 2024 to 2032, driven by increasing demand for improved diagnostic accuracy and efficiency.

The medical imaging & diagnosis segment in the market held 42% of the computer vision in healthcare industry share in 2023, owing to its accuracy, aiding in the detection and diagnosis of diverse conditions.

North America computer vision in healthcare industry is projected to maintain its lead in the, anticipated to reach USD 6 billion by end of 2032, due to the strong inclination towards advanced digital technologies

Some of the prominent computer vision in the healthcare firms are AltexSoft, AiCure, Encord, General Electric (GE), ImFusion, InData Labs, Insoftex, NVIDIA Corporation, Robovision BV., Shaip, Softengi, and Verkada Inc.