In terms of revenue, the global artificial intelligence in radiology market was estimated to be US$ 891.24 Mn in 2018 and is expected to reach US$ 3506.55 Mn by 2027 at a growing CAGR of 16.5%. The study analyses the market in terms of revenue across all the major regions, which has been further bifurcated into countries.
Radiology is the method of imaging the human body so as to understand various diseases in the body and strategize the ways to treat the same. The involvement of artificial intelligence in radiology enhances radiologists’ workflow, simplifies quantitative radiology, and assists in discovering genomic markers. Artificial intelligence algorithms, majorly deep learning, have made high progress in image-recognition processes. The methods of image-recognition range from convolutional neural networks to variational autoencoders, which has wide application across the medical image analysis field thereby propelling the growth of artificial intelligence in radiology market. Through the radiology process, trained surgeons visually access medical images for detection, characterization and monitoring of diseases. Artificial intelligence algorithms excels at automatically recognizing multifarious patterns in imaging data and providing quantitative, rather than qualitative assessments of radiographic characteristics. With the rising critical illness threat such as myocardial infarction (heart attack), cerebral hemorrhage or intracerebral hemorrhage and other acute disease, artificial intelligence has proven to be healthy affair in encountering these diseases. Additionally, artificial intelligence is being used to refine image construction, and enhance image quality which helps them to give a better idea about the patient condition in real time. Hence, artificial intelligence in radiology market is gaining demand.
Absolute Markets Insights unravels its new study titled as Global Artificial Intelligence Radiology Market. The study uses effective exploratory techniques such as qualitative and quantitative analysis to discover accurate data. For an effective business outlook, it studies North America, China, Europe, Japan, Southeast Asia and India by considering different aspects such as type, size, as well as applications. Various aspects of businesses such as primary application areas, financial overview, and requirement of the industries have been mentioned to give a brief to the readers. This research study also offers mergers, acquisitions and product portfolio of the businesses.
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The Global Artificial Intelligence Radiology Market Report gives a clear idea about global competitive landscape, it offers unique insights of the businesses by providing detailed data about some significant strategies to get customers rapidly. To get a clear idea about ups-downs of the businesses some significant case studies have been included in terms of statistical data. Additionally, it offers informative data on recent trends, tools, methods and technologies that are driving the growth of the market. Different approaches have been used to analyze the different restraining factors in front of the businesses.
Global Artificial Intelligence Radiology Market Report is a believable source for gaining the market research that will exponentially accelerate your business. SWOT and Porter’s Five analysis are also effectively discussed to analyze informative data such as cost, prices, revenue, and end-users. The research report has been evaluated on the basis of various attributes such as manufacturing base, products or services and raw material to understand the requirements of the businesses. The report uses effective graphical presentation techniques, such as graphs, charts, tables as well as pictures for better understanding.
Furthermore, it also offers a holistic snapshot of the Global Artificial Intelligence Radiology Market business sector. In addition, the market study is supported by significant economic facts with regards to pricing structures, profit margin, and market shares. To present the data accurately, the study also makes use of effective graphical presentation techniques such as tables, charts, graphs, and pictures. The report further also highlights recent trends, tools and technology platforms that are contribute to enhance the performance of the companies.
Major Market Players Profiled in the Global Artificial Intelligence Radiology Market Report include:
Some of the players operating in the Artificial Intelligence Radiology market are Firsthand Technology, FundamentalVR, Facebook, Inc., General Electric, ImmersiveTouch, Inc., Intuitive Surgical, Inc., Koninklijke Philips NV, Medical Realities ltd., Psious amongst others.
Market Event Factors Analysis:
- Increasing Market invasion of new technologies.
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- Market challenge.
- Stringent regulatory challenges in applications.
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- Market trend.
- Rising demand in market.
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Some Key Questions Answered in the Global Artificial Intelligence Radiology Market Report are:
- What will the market size be in 2028 and what will the growth rate be?
- What are the key market trends?
- What is key factor driving this market?
- What are the challenges to market growth?
- Who are the major key vendors in this market space?
- What are the market opportunities, market risk and market overview and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
In the end the Global Artificial Intelligence Radiology Market Report delivers conclusion which includes Research Findings, Market Size Estimation, Market Share, Consumer Needs/Customer Preference Change, Data Source. These factors will increase business overall.
Table of Content:
- Executive Summary
- Scope of the Report
- Research Methodology
- Market Landscape
- Pipeline Analysis
- Market Sizing
- Five Forces Analysis
- Market Segmentation
- Customer Landscape
- Regional Landscape
- Decision Framework
- Drivers and Challenges
- Market Trends
- Vendor Landscape
- Vendor Analysis
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