Global Commercial AI Models in Radiology Market, By Solution (Software Tools/Platform and Services, By AI Technology (Deep Learning, Computer Vision, and Others), By Image Acquisition Technology (X-ray, Computed Tomography [CT], Magnetic Resonance Imaging, Ultrasound Imaging, and Molecular Imaging), By Clinical Application (Cardiovascular, Neurology, Lung [Respiratory System], Breast [Mammography], Oncology, Pathology, Liver [GI], Oral Diagnostics, and Rest of Body) and By End User (Hospitals, R&D Centers, and Laboratories & Diagnostic Centers) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2030

Report Code: PMI484722 | Publish Date: January 2022 | No. of Pages: 168

Global Commercial AI Models In Radiology Market Overview

Image collecting, processing, aided reporting, follow-up, data storage, data mining, and other artificial intelligence applications are all available. The paper strikes a balance between AI's risks and radiologists' prospects in today's medical world. Machine learning blends computational models and algorithms with artificial neural networks to mimic the brain's biological neural network architecture (ANNs). Deep learning has a better success rate than traditional machine learning in terms of output. As artificial intelligence (AI) solutions gain traction in the imaging community and among top leaders in the health-care industry, competition has increased, necessitating the development of differentiation strategies for businesses looking to increase revenue and sustain growth. The rapid growth of medical imaging AI businesses has resulted in a plethora of solutions on the market; yet, hospitals do not have access to these solutions (and vice versa). The Global Commercial AI Models in Radiology Market accounted for US$ 0.40 billion in 2020 and is estimated to be US$ 2.83 billion by 2030 and is anticipated to register a CAGR of 19.80%.

Global Commercial AI Models In Radiology Market Dynamics

Increasing amount of data to be processed boost the market growth

The increasing amount of data to be processed has the potential to change how radiologists evaluate images, affecting everything from inference to identification and explanation. When radiologists process too many images in a day, the chances of error increase, and the radiologist's role is limited to that of a pure image analyst. Other physicians or specialists should be entrusted with the clinical interpretation of the data. In other words, if radiologists don't have time for professional judgement, or if there aren't enough radiologists in places like India or Eastern Europe, or if there aren't enough radiologists in Africa, the final evaluation of radiological testing will be left to non-medical imaging experts.

AI is being adopted in the healthcare and medical imaging sectors as more people see the benefits of AI technology and their wide range of applications. Several major competitors in the medical imaging AI market are merging or collaborating with leading AI technology suppliers to develop AI-based solutions for healthcare applications. These tactics enable these market players to provide sophisticated solutions to their customers while also establishing their place in this ever-changing market. Gaining momentum in terms of producing improved products and technologies is encouraging enterprises to achieve momentum due to the growing need for AI-based solutions.

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Global Commercial AI Models In Radiology Market Segmentation

 

 

                                          Source: Prophecy Market Insights |Disclaimer: Data is only a representation. Actual data may vary in the final report.

The Global Commercial AI Models in Radiology Market is segmented based on solution, AI technology, clinical application, Image Acquisition Technology, end-user and region.

On the basis of Solution, the Global Commercial AI Models in Radiology Market is segmented into Software Tools/Platform and Services. Based on AI Technology, the target market is segmented into Deep Learning, Computer Vision, and Others. Based on Clinical Application, the target market is segmented into Cardiovascular, Neurology, Lung [Respiratory System], Breast [Mammography], Oncology, Pathology, Liver [GI], Oral Diagnostics, and Rest of Body. Based on Image Acquisition Technology, the target market is segmented into X-ray, Computed Tomography [CT], Magnetic Resonance Imaging, Ultrasound Imaging, and Molecular Imaging. Based on End-User, the target market is segmented into Hospitals, R&D Centers, and Laboratories & Diagnostic Centers.

Regional Insights:

 

                                                                                                                   Source: Prophecy Market Insights

                                                    

On region the Global Commercial AI Models in Radiology Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Developing countries are concentrating their efforts on pooling their AI investments in order to assist enterprises in integrating AI with medical imaging in order to increase their revenue share. China, for example, wants to be the world leader in AI by 2030. The plan entails significant government financing and expenditures in order to accelerate the adoption of AI technologies in businesses. Furthermore, the growing patient population in countries such as India, China, and Brazil is expected to provide significant development possibilities for AI in medical imaging businesses.

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Report Scope:

Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2030

Market representation

Revenue in USD Million & CAGR from 2020 – 2029

Market Segmentation

By Solution- Software Tools/Platform and Services

By Image Acquisition Technology- X-ray, Computed Tomography [CT], Magnetic Resonance Imaging, Ultrasound Imaging, and Molecular Imaging

By Clinical Application- Cardiovascular, Neurology, Lung [Respiratory System], Breast [Mammography], Oncology, Pathology, Liver [GI], Oral Diagnostics, and Rest of Body

By AI Technology- Deep Learning, Computer Vision, and Others

By End-user- Hospitals, R&D Centers, and Laboratories & Diagnostic Centers

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the Global Commercial AI Models in Radiology Market report based on Solution, Clinical Application, Image Acquisition Technology, AI Technology, End-User and region.

 

Global Commercial AI Models in Radiology Market, By Region:

      • North America
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Global Commercial AI Models In Radiology Market Key Players

The prominent players operating in the Global Commercial AI Models in Radiology Market include General Electric (GE) Co. (GE Healthcare), Siemens AG (Siemens Healthineers), Aidoc Medical Ltd., AliveCor, Inc., Imagen Technologies, Inc., VUNO, Inc., IDx Technologies, Inc., NovaSignal Corporation, Riverain Technologies, LLC, and Zebra Medical Vision Ltd.

Global Commercial AI Models In Radiology Market Company Profile

  • General Electric (GE) Co. (GE Healthcare)
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Siemens AG (Siemens Healthineers)
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Aidoc Medical Ltd.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • AliveCor, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Imagen Technologies, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • VUNO, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • IDx Technologies, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • NovaSignal Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

Global Commercial AI Models In Radiology Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for Electric Vehicle Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Solution
      • Market Snippet, By AI Technology
      • Market Snippet, By Clinical Application
      • Market Snippet, By Image Acquisition Technology
      • Market Snippet, By End-User
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Global Commercial AI Models in Radiology Market, By Solution, 2020 – 2030, (US$ Mn)
    • Overview                                                                                  
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Software Tools/Platform
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Service
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  6. Global Commercial AI Models in Radiology Market, By Clinical Application, 2020 – 2030, (US$ Mn)
    • Overview                                                                                     
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Cardiovascular
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Neurology
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Lung (Respiratory System)
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Breast (Mammography)
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Oncology
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Pathology
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Liver (GI)
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Oral Diagnostic
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Rest of Body
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  7. Global Commercial AI Models in Radiology Market, By AI Technology, 2020 – 2030, (US$ Mn)
    • Overview                                                                                  
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Deep Learning
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Computer Vision
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  8. Global Commercial AI Models in Radiology Market, By Image Acquisition Technology, 2020 – 2030, (US$ Mn)
    • Overview                                                                                           
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • X-Ray
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Computed Tomography (CT)
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Magnetic Resonance Imaging
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Ultrasound Imaging
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Molecular Imaging
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  9. Global Commercial AI Models in Radiology Market, By End-User, 2020 – 2030, (US$ Mn)
    • Overview                                                                                 
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Hospitals
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • R&D Centers
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Laboratories & Diagnostic Centers
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  10. Global Commercial AI Models in Radiology Market, By Region, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Solution, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By AI Technology, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Clinical Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Image Acquisition Technology, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Solution, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By AI Technology, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Clinical Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Image Acquisition Technology, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • UK
        • France
        • Germany
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Solution, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By AI Technology, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Clinical Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Image Acquisition Technology, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • India
        • Japan
        • South Korea
        • China
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Solution, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By AI Technology, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Clinical Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Image Acquisition Technology, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Solution, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By AI Technology, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Clinical Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Image Acquisition Technology, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  11. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  12. Company Profiles
  • General Electric (GE) Co. (GE Healthcare)
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Siemens AG (Siemens Healthineers)
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Aidoc Medical Ltd.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • AliveCor, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Imagen Technologies, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • VUNO, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • IDx Technologies, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • NovaSignal Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  1. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

Global Commercial AI Models in Radiology Market is segmented based on Solution, Clinical Application, Image Acquisition Technology, AI Technology, End-User and region.

Increasing amount of data to be processed is major factor driving the market.

During the forecast period, North America is expected to dominate the market.

The prominent players operating in the Global Commercial AI Models in Radiology Market include General Electric (GE) Co. (GE Healthcare), Siemens AG (Siemens Healthineers), Aidoc Medical Ltd., AliveCor, Inc., Imagen Technologies, Inc., VUNO, Inc., IDx Technologies, Inc., NovaSignal Corporation, Riverain Technologies, LLC, and Zebra Medical Vision Ltd.