Global Artificial Intelligence (AI) Enabled Medical Imaging Market Forecast 2025-2030: Growth at 25.9% CAGR Expected
Global Artificial Intelligence (AI) Enabled Medical Imaging Market Overview: 2025-2030
Base Year: 2024
Historical Years: 2020–23
Forecast Years: 2025-2030
The Global Artificial Intelligence (AI) Enabled Medical Imaging Market size was valued at around USD 3.23 billion in 2023 & is projected to reach around USD 16.20 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 25.9% during the forecast period, i.e., 2025-30.
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Global Artificial Intelligence (AI) Enabled Medical Imaging Market Dynamics: 2025-2030
Global Artificial Intelligence (AI) Enabled Medical Imaging Market Driver:
Shortage of Radiologists Necessitating AI Adoption – The market revenue growth has been primarily credited to the shortage of radiologists to cater to the growing global patient population pool. This, thereby affects the quality and efficiency of diagnostic services and fosters the acceptance and utilization of artificial intelligence (AI) enabled medical imaging. Hence, its applications in radiology would augment the competencies of radiologists leading to faster and more accurate diagnoses.
Furthermore, because imaging biomarkers are crucial for the early diagnosis, monitoring, and detection of diseases, their use in clinical settings is increasing. However, the enormous volumes of data produced by imaging biomarkers would need the implementation of advanced technology for analysis and interpretation, requiring additional manual work. As a result, there is an increasing dependence on artificial intelligence (AI) in medical imaging due to the rising integration of imaging biomarkers and the severe radiologists shortage. Because of this, there will be a continued increase in demand in the future years for AI-enabled imaging solutions. So, if such a shortage of skilled radiologists continues, the AI-enabled medical imaging market is anticipated to grow & flourish in the coming years at a steady growth rate.
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Global Artificial Intelligence (AI) Enabled Medical Imaging Market (2025-30): Segmentation Outlook
The market report has segmented the market into the following categories:
By Component
-Hardware- Market Size & Forecast 2020-2030F, (USD Million)
-Software- Market Size & Forecast 2020-2030F, (USD Million)
--Perpetual Software License- Market Size & Forecast 2020-2030F, (USD Million)
--Subscription Software License- Market Size & Forecast 2020-2030F, (USD Million)
--Pay as You Go Software License- Market Size & Forecast 2020-2030F, (USD Million)
By Workflow
-Image Analysis- Market Size & Forecast 2020-2030F, (USD Million)
-Image Acquisition- Market Size & Forecast 2020-2030F, (USD Million)
-Detection- Market Size & Forecast 2020-2030F, (USD Million)
-Reporting & Communication- Market Size & Forecast 2020-2030F, (USD Million)
-Diagnosis & Treatment Decision Support- Market Size & Forecast 2020-2030F, (USD Million)
-Predictive Analysis & Risk Assessment- Market Size & Forecast 2020-2030F, (USD Million)
-Equipment Maintenance- Market Size & Forecast 2020-2030F, (USD Million)
-Triage- Market Size & Forecast 2020-2030F, (USD Million)
By Technology
-Deep Learning- Market Size & Forecast 2020-2030F, (USD Million)
-Machine Learning- Market Size & Forecast 2020-2030F, (USD Million)
-Computer Vision- Market Size & Forecast 2020-2030F, (USD Million)
-Natural Language Processing (NLP)- Market Size & Forecast 2020-2030F, (USD Million)
-Others- Market Size & Forecast 2020-2030F, (USD Million)
By Therapeutic Application
-Specialty Imaging- Market Size & Forecast 2020-2030F, (USD Million)
--Cardiology- Market Size & Forecast 2020-2030F, (USD Million)
--Oncology- Market Size & Forecast 2020-2030F, (USD Million)
---Lung Cancer- Market Size & Forecast 2020-2030F, (USD Million)
---Breast Cancer- Market Size & Forecast 2020-2030F, (USD Million)
---Other Cancers- Market Size & Forecast 2020-2030F, (USD Million)
--Neurology- Market Size & Forecast 2020-2030F, (USD Million)
--Respiratory- Market Size & Forecast 2020-2030F, (USD Million)
--Orthopedics- Market Size & Forecast 2020-2030F, (USD Million)
--Others- Market Size & Forecast 2020-2030F, (USD Million)
-General Imaging- Market Size & Forecast 2020-2030F, (USD Million)
By Deployment
-Cloud- Market Size & Forecast 2020-2030F, (USD Million)
-On-Premise- Market Size & Forecast 2020-2030F, (USD Million)
By Modality
-Computed Tomography- Market Size & Forecast 2020-2030F, (USD Million)
-Magnetic Resonance- Market Size & Forecast 2020-2030F, (USD Million)
-Ultrasound- Market Size & Forecast 2020-2030F, (USD Million)
-X-Ray- Market Size & Forecast 2020-2030F, (USD Million)
-Mammography- Market Size & Forecast 2020-2030F, (USD Million)
-Multimodality Imaging Systems- Market Size & Forecast 2020-2030F, (USD Million)
-Others- Market Size & Forecast 2020-2030F, (USD Million)
Computed Tomography (CT) segment held the largest share of the Global Artificial Intelligence (AI) Enabled Medical Imaging Market.
By End Users
-Hospitals- Market Size & Forecast 2020-2030F, (USD Million)
-Clinics- Market Size & Forecast 2020-2030F, (USD Million)
-Diagnostics Centers- Market Size & Forecast 2020-2030F, (USD Million)
-Others- Market Size & Forecast 2020-2030F, (USD Million)
By Region
-North America
-South America
-Europe
-Middle East & Africa
-Asia-Pacific.
The Global Artificial Intelligence (AI) Enabled Medical Imaging Market is dominated by North America with a major market share.
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Top Companies Operating in the Global Artificial Intelligence (AI) Enabled Medical Imaging Market:
-Aidoc
-Arterys Inc.
-Beijing Infervision Technology Co., Ltd.
-Blackford Analysis Limited
-ContextVision AB
-EnvoyAI
-Fujifilm Holdings Corporation
-General Electric Company
-iCAD, Inc.
Industry Recent Development:
- 2024: GE HealthCare announced an agreement to acquire MIM Software Inc., a Cleveland-based provider of AI imaging-analysis software.
- 2023: Philips introduced new AI-enabled solutions, including EPIQ Elite 10.0 and Philips Affiniti ultrasound systems, BlueSeal MR Mobile system, and the Philips HealthSuite Imaging PACS solution in the US.
- 2023: Research and product development initiatives were jointly carried out by GE HealthCare (US) and Mayo Clinic (US) to better prepare doctors and aid in the diagnosis and treatment of medical disorders.
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