Component (Software, Services)
Software segment is projected to account for around 75% computer vision in healthcare market share by 2037. This dominance is propelled by the growing reliance on various solutions for image analysis, diagnostic support, and patient monitoring. For example, Landing AI announced in September 2023 the launch of the Landing AI App Space, which is a development platform that has the capability to create custom computer vision applications for healthcare. This development marks the importance of software in meeting the growing needs of the sector and gives the leading position to the software segment in the computer vision in healthcare market.
Application (Medical Imaging & Diagnosis, Surgical Assistance, Patient Identification, Remote Patient Monitoring)
By the end of 2037, medical imaging and diagnosis segment is estimated to hold over 40% computer vision in healthcare market share. The factors behind this dominance include the high demand for accurate, AI-enhanced imaging solutions. Diagnostic applications using computer vision also boost speed and precision, two factors of vital importance in detecting diseases and treatment planning. In June 2023, the University of Michigan designed HiDisc, which is a machine-learning tool used in recognizing cancer characteristics through microscope images, thereby increasing the accuracy of diagnosis. Such diagnostic innovations underline the important role computer vision will play in the advancement of medical imaging and fuel segment growth.
Our in-depth analysis of the computer vision in healthcare market includes the following segments
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Author Credits: Radhika Pawar
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