Global Artificial Intelligence in Ultrasound Imaging Market, By Solution (Devices, Software Tools or Platforms, Services), Technology (Machine Learning, Natural Language Processing, Context- Aware Computing, Computer Vision), Ultrasound Technology (Diagnostic Imaging, Therapeutic, 2D, 3D/4D Ultrasound Imaging, High Intensity Focused Ultrasound, Extracorporeal Shockwave Lithotripsy, Doppler Ultrasound), Application (Radiology, Obstetrics and Gynecology, Cardiovascular, Gastroenterology), End- User (Hospitals and Providers, Patients, Pharmaceutical and Biotechnology Companies, Healthcare Payers), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, 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 2028..
Market Analysis and Insights of Artificial Intelligence in Ultrasound Imaging Market
Artificial intelligence in ultrasound imaging market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to USD 1,314.24 million by 2028 and will grow at a CAGR of 9.76% in the above mentioned forecast period.
Ultrasound imaging is measured as one of the best, safest and cheapest medical diagnostics technique. AI powered solutions have enhanced the effectiveness and diagnostic accurateness. AI technologies are making the imaging devices smarter and are also helping the clinicians to focus more on the patient and to examine the problem acutely.
The rising use of imaging biomarkers and quantitative imaging in clinical practice is amongst the important factors intensifying the growth and demand of artificial intelligence in ultrasound imaging market. In addition, the increasing incidence of various lifestyles coupled with chronic diseases such as cancer and cardiovascular conditions and increasing demand for advanced imaging solutions incorporated with A.I. are also contributing to the growth in the global market over the forecast period of 2021 to 2028. Also the rising need to reduce healthcare costs and arrival of large and complex healthcare datasets are also enhancing the growth of the market. Furthermore, the increasing need for lowering healthcare costs and growing importance of big data in healthcare is also one of the significant factors fueling the growth of the artificial intelligence in ultrasound imaging market. High adoption of precision medicine and declining hardware costs will make sure high industry growth over the forecast period.
The rising focus on developing human-aware AI systems as well as the incorporation of image acquisition hardware with embedded Al technologies will further accelerate the expansion of the Artificial intelligence in ultrasound imaging market and are also is offering significant growth opportunities for the market in the forecast period of 2021 to 2028.
However, the high cost of the technique as well as dearth of skilled AI workforce will curb the growth of the Artificial intelligence in ultrasound imaging market, whereas the slow regulatory approval process and rising concerns regarding data privacy have the potential to challenge the growth of the Artificial intelligence in ultrasound imaging market.
This artificial intelligence in ultrasound imaging market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized 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 in ultrasound imaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Artificial Intelligence in Ultrasound Imaging Market Scope and Market Size
Artificial intelligence in ultrasound imaging market is segmented on the basis of solution, technology, ultrasound technology, application and end user. The growth amongst these segments will help you analyze meager 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.
- Based on solution, the artificial intelligence in ultrasound imaging market is segmented into devices, software tools or platforms and services. Services have further been segmented into integration services and development services.
- On the basis of technology, the artificial intelligence in ultrasound imaging market is segmented into machine learning, natural language processing, context- aware computing and computer vision. Machine learning is further been segmented into deep learning, supervised learning, reinforcement learning, unsupervised learning and others.
- Based on ultrasound technology, the artificial intelligence in ultrasound imaging market is segmented into diagnostic imaging, therapeutic, and 2d, 3d/4 d ultrasound imaging, high intensity focused ultrasound, extracorporeal shockwave lithotripsy and doppler ultrasound.
- On the basis of application, the artificial intelligence in ultrasound imaging market is segmented into radiology, obstetrics and gynecology, cardiovascular and gastroenterology.
- The end user segment of artificial intelligence in ultrasound imaging market is segmented into hospitals and providers, patients, pharmaceutical and biotechnology companies and healthcare payers.
Artificial Intelligence in Ultrasound Imaging Market Country Level Analysis
Artificial intelligence in ultrasound imaging market is analyzed and market size insights and trends are provided by country, solution, technology, ultrasound technology, application and end user as referenced above.
The countries covered in the artificial intelligence in ultrasound imaging 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 region leads the artificial intelligence in ultrasound imaging market owing to the rapid advancements and adoption of artificial intelligence technologies within the region. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the better infrastructure for healthcare IT and steadily increasing adoption of advanced technologies within this particular region.
The country section of the artificial intelligence in ultrasound imaging 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 in ultrasound imaging market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for artificial intelligence in ultrasound imaging market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the artificial intelligence in ultrasound imaging market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Artificial Intelligence in Ultrasound Imaging Market Share Analysis
Artificial intelligence in ultrasound imaging 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 in ultrasound imaging market.
The major players covered in the artificial intelligence in ultrasound imaging market report are NVIDIA Corporation, Intel Corporation, IBM, EchoNous, Inc., Microsoft, General Vision Inc., GENERAL ELECTRIC COMPANY, Johnson & Johnson Services, Inc., Siemens Healthcare Private Limited, Medtronic, CloudMedx Inc., Agfa-Gevaert Group, Butterfly Network, Inc., Imagia Cybernetics Inc., Enlitic, Inc., Micron Technology, Inc., SAMSUNG, Welcome AI, Koninklijke Philips N.V., Precision Health AI, and Cloud Pharmaceuticals, Inc.,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.