What is the AI medical imaging market size?
According to 6Wresearch internal database and industry insights, the
Global AI Medical Imaging Market was valued at approximately USD 1.28 billion in 2024 and is projected to surpass a valuation of USD 26.2 Billion by 2031, at a CAGR of 12%.
This growth is inspired by the increasing integration of AI in radiology workflows, rapid image interpretation, improved clinical accuracy, and allowing an increase in operational efficiency in healthcare systems.
Key Growth factors
- Widely adopting AI devices in radiology
- Demand to detect early and accurate disease in oncology, neurology and cardiology
- Over chronic diseases and aging population requiring regular imaging
- Deployment of cloud-based imaging platforms and telemedicine
- Increased investment by healthcare providers and technical companies
- Regulatory Support for AI-based medical devices
AI Medical Imaging Market Trends
The AI medical imaging market is poised for significant growth, driven by rapid advancements in artificial intelligence technologies and their integration into healthcare systems. Increasing demand for early disease detection and diagnosis, coupled with a rise in chronic illnesses, is encouraging the adoption of AI-powered imaging solutions. These technologies enhance image analysis, improve diagnostic accuracy, and streamline workflow efficiency, leading to cost-effective healthcare delivery.
Major Companies
- Siemens Healthineers
- GE Healthcare
- Philips Healthcare
- Canon Medical Systems
- IBM Watson Health
- Aidoc
- Qure.ai
AI medical imaging market size: FAQs
The growth is mainly due to increasing demand for faster, more accurate diagnostics and improved imaging workflow efficiency.
Key challenges include regulatory hurdles, integration with existing hospital infrastructure, high implementation costs, and data privacy concerns.
North America leads due to its mature healthcare infrastructure, while Asia-Pacific is the fastest-growing region.
AI enables real-time analysis, assists radiologists in early disease detection, and streamlines image processing to reduce diagnostic errors and improve patient outcomes.
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