Artificial intelligence in Medical Diagnostics Market Share

  • Report ID: 3731
  • Published Date: Dec 24, 2024
  • Report Format: PDF, PPT

Artificial intelligence in Medical Diagnostics Market Share

On the basis of geographical analysis, the global artificial intelligence (AI) in medical diagnostics market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Asia Pacific industry is likely to hold largest revenue share by 2037, due to increasing incidences of lifestyle diseases amongst the growing population of the region, along technological advancements in countries, such as, Japan, and South Korea. Moreover, increasing investment in healthcare sector amongst countries, such as, China and India, is anticipated to boost the market growth. For instance, the per capita healthcare expenditure in China increased from USD 437.257 in 2017 to USD 501.059 in 2018, as per the data by the World Bank. The market in the North America region is anticipated to gain the largest market share throughout the forecast period owing to the rising adoption of advanced technology in the healthcare sector, backed by high government and private investment in healthcare.

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Author Credits:  Radhika Pawar


  • Report ID: 3731
  • Published Date: Dec 24, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of artificial intelligence in medical diagnostics is evaluated at USD 1.87 billion.

Artificial intelligence (AI) in Medical Diagnostics Market size was over USD 1.56 billion in 2024 and is poised to exceed USD 24.25 billion by 2037, growing at over 23.5% CAGR during the forecast period i.e., between 2025-2037.

Asia Pacific industry is likely to hold largest revenue share by 2037, due to increasing incidences of lifestyle diseases amongst the growing population of the region, along technological advancements in countries, such as, Japan, and South Korea.

The major players in the market are Butterfly Network, Inc., Aidence B.V., Siemens AG, GE Healthcare, Digital Diagnostics Inc., and others.
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