Global Artificial Intelligence -Based MRI Market, By Solution (Hardware, Software, Services), Technology (Speech Recognition, Querying Method, Natural Language Processing, Machine Learning, Context Aware Processing), End User (Hospitals, Pharmaceutical Organizations, Diagnostic Centers, Clinics), Deployment Type (On-Premise, Cloud), Clinical Application (Breast, Lung, Neurology, Cardiovascular, Liver, Prostate, Colon, Musculoskeletal, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2027
Artificial intelligence-based MRI market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to grow at a CAGR of 6.30% in the above-mentioned forecast period. The rising influx of large and complex healthcare data sets drives the artificial Intelligence-based MRI market.
The growing need to reduce healthcare costs is the vital factor escalating the market growth, also enhancing computing power and declining hardware cost, rising number of cross-industry partnerships and collaborations and increasing need for improvised healthcare services because of imbalance between health workforce and patients are the major factors among others driving the artificial intelligence-based MRI market. Moreover, the rising potential of AI-based tools for elderly care and rising focus on developing human-aware AI systems will further create new opportunities for artificial Intelligence-based MRI market in the forecasted period of 2020-2027.
However, reluctance among medical practitioners to adopt AI-based technologies and lack of skilled AI workforce and ambiguous regulatory guidelines for medical software are the major factors among others which will obstruct the market growth, while lack of curated healthcare data and rising concerns regarding data privacy will further challenge the growth of artificial intelligence-based MRI market in the forecast period mentioned above.
This artificial intelligence-based MRI market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on artificial intelligence-based MRI market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Artificial Intelligence-Based MRI Market Scope and Market Size
Artificial intelligence-based MRI market is segmented on the basis of solution, technology, end-user, deployment type and application. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of solution, the artificial intelligence-based MRI market is segmented into hardware, software and services.
- Based on technology, the artificial intelligence-based MRI market is segmented into speech recognition, querying method, natural language processing, machine learning and context aware processing.
- Based on end-user, the artificial intelligence-based MRI market is segmented into hospitals, pharmaceutical organizations, diagnostic centers, and clinics.
- Based on deployment type, the artificial intelligence-based MRI market is segmented into on-premise and cloud.
- The artificial intelligence-based MRI market is also segmented on the basis of application into breast, lung, neurology, cardiovascular, liver, prostate, colon, musculoskeletal and others.
Global Artificial Intelligence-Based MRI Market Country Level Analysis
Artificial intelligence-based MRI market is analysed and market size insights and trends are provided by country, solution, technology, end-user, deployment type and application as referenced above.
The countries covered in the artificial intelligence-based MRI market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the artificial intelligence-based MRI market due to rising adoption of healthcare IT solutions in medical diagnosis, availability of well-established healthcare sector, and high funding for development of AI-based diagnosis software. Asia-Pacific is the expected region in terms of growth in artificial intelligence-based MRI market due to increasing number of government initiatives to encourage healthcare providers.
The country section of the artificial intelligence-based MRI market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Artificial intelligence-based MRI market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for artificial intelligence-based MRI market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the artificial intelligence-based MRI market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Artificial Intelligence-Based MRI Market Share Analysis
Artificial intelligence-based MRI market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to artificial intelligence-based MRI market.
The major players covered in the artificial intelligence-based MRI market report are NVIDIA Corporation, OrCam, BenevolentAI, Babylon, Freenome Inc., Clarify Health Solutions, BioXcel Therapeutics, Ada Health GmbH, GNS Healthcare, Zebra Medical Vision Inc., Qventus Inc, IDx Technologies Inc., K Health, Prognos, Medopad Ltd., Viz.ai Inc., Voxel Technology, Renalytix AI plc, Beijing Pushing Technology Co. Ltd., PAIGE, mPulse Mobile, Suki AI Inc., BERG LLC, Zealth Inc., OWKIN INC., and Your.MD among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Artificial Intelligence -Based MRI Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.