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AI in Medical Devices Market Trends

  • Report ID: 2944
  • Published Date: Sep 24, 2024
  • Report Format: PDF, PPT

AI in Medical Devices Market Trends

Growth Drivers

  • Growing number of cross-industry partnerships and collaborations
  • Rising large and complex datasets.

Challenges

  • Lack of interoperability between AI solutions offered by different players.

 

AI in Medical Devices Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

RegionAI in Medical Devices Industry - Regional Synopsisal Scope
  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
 
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Author Credits:  Radhika Pawar


  • Report ID: 2944
  • Published Date: Sep 24, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Growing need for for improvised and healthcare services due to imbalance between health workforce and patients and influx of large and complex datasets are the key factors driving market growth.

The market is anticipated to attain a moderate CAGR over the forecast period, i.e., 2021-2029.

Inability of medical practitioners to adopt AI-based technologies are estimated to hamper market growth.

The market in North America region will provide ample growth opportunities owing to rising adoption of healthcare IT solutions, availability of funding for developing AI capabilities and well-established healthcare infrastructure across the region.

The major players dominating the AI in Medical devices market are UC San Diego, IBM, EBSCO Information Services, Medtronic, GENERAL ELECTRIC, NVIDIA Corporation, Siemens Healthcare GmbH, Micron Technology, Amazon Web Services, Inc., Intel Corporation among others.
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