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Artificial intelligence in Medical Diagnostics Market Trends

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Report ID: 3731
Published Date: Aug 26, 2024
Report Format: PDF, PPT

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Artificial intelligence in Medical Diagnostics Market Trends

Growth Drivers

Increasing Adoption of Artificial Intelligence in Healthcare Sector
Growing Investment in Healthcare Sector

Challenges

Rising Economic Burden on Medical Facilities
Requirement of High Initial Investment

Artificial intelligence (AI) in Medical Diagnostics Market: Key Insights

Base Year	2023
Forecast Year	2024–2036
CAGR	23.5%
Base Year Market Size (2023)	USD 1.26 billion
Forecast Year Market Size (2036)	USD 19.59 billion
Regional 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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Browse Key Market Insights with Data Illustration:

AI in Medical Diagnostics Market Size & Share, Growth Trends 2036

Author Credits: Radhika Pawar

Report ID: 3731
Published Date: Aug 26, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of artificial intelligence in medical diagnostics is assessed at USD 1.5 billion.

Artificial intelligence (AI) in Medical Diagnostics Market size was over USD 1.26 billion in 2023 and is projected to exceed USD 19.59 billion by 2036, witnessing over 23.5% CAGR during the forecast period i.e., between 2024-2036. Increasing adoption of artificial intelligence and growing investment in healthcare sector will boost the market growth.

Asia Pacific industry is predicted to dominate majority revenue share by 2036, 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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