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The Global AI-enabled X-Ray Imaging Solutions market size is estimated to reach $492 million by 2026, growing at a CAGR of 16.7% over the forecast period of 2021-2026.
Global AI-enabled X-Ray Imaging Solutions Market Overview
Artificial Intelligence has become an indispensable part of modern-day technology. From automobiles, shopping platforms to the healthcare sector it plays its role in improving the existing procedures. Similarly, proliferating acute and chronic sicknesses such as Heart attack, Cancer is making the outlook of Clinical Imaging quite appealing, and eventually stimulating the demand for state-of-the-art AI associated imaging techniques such as Computed tomography, Optical Coherence Technology, Magnetic Resonance Imaging which is of prodigious help in diagnosing and treating such complications with care. Artificial Intelligence helps in the identification and evaluation of medical images and improves the accuracy and effectiveness in diagnoses of anomalies throughout the process. Elevating cancer complications especially breast and lung cancer ailments are set to drive the growth of the AI-enabled X-Ray Imaging Solutions Market for the period.
Impact of COVID-19:
The overuse of raw materials in tools and equipment especially for sanitization and cleanliness during the COVID-19 pandemic, there was a dire need for cheaper and effective method in healthcare. Artificial Intelligence (AI) emerged to be an alternative with inexpensive and safe diagnostic method. Thus it has seen a positive growth wherein researchers turned their attention to use imaging tools with AI that cause fewer complications for patients and reduce the consumption of health resources.
Key Takeaways from Global AI-enabled X-Ray Imaging Solutions Market Report:
By Application, the market for Diagnostic/Indicative to grow at the highest CAGR during the forecast period
During the forecast period, the Diagnostic/Indicative is predicted to develop at the fastest rate of XX%. This growth is owing to the captivating accuracy and effectiveness of imaging techniques when associated with artificial intelligence in the diagnosis of abnormalities. The Ailment Interventional Radiology. The ailment indicative radiology segment held the largest share owing to the factors such as the COVID-19 outbreak as post-Corona virus outbreak the cases of lung infection has precipitously lurched. On Oher's hand, augmenting consciousness among people as the prevalence of cancer is elevating, the mushrooming complication of joint disorders such as arthritis due to expanding geriatric population is escalating the market.
By Deployment Mode, AI-enabled X-Ray Imaging Solutions market for Web and cloud-based to grow at the highest CAGR during the forecast period
During the projection period, the Web and cloud-based modes is estimated to be the fastest-growing, with a CAGR of XX%. This growth is owing to its cost-saving nature as it abolishes the requirement of employing a technical team for the upkeeping of data stored on the servers. . The Web cloud-based server segment held the largest share in 2021. The growth is owing to various factors. Cloud computing's role and popularity among contemporary society is budding day after day ascribing to convenience and freedom it provides to imaging activities providers while buying hosting and stowing data with a third party in return for hard cash. Cloud-based deployment support firms in stockpiling necessary data in soft mode and excessing it whenever required.
North America to account for the largest market share during the forecast period
North America held the largest share of the AI-enabled X-Ray Imaging Solutions market in 2020, with a global market share of 34%. It is owing to The growth in this segment is owing to the factors such as the growing expertise in respective fields attributed to the presence of preeminent players VoxelCloud, Butterfly Network, Infervision, and many more.
The Asia Pacific is set to be the fastest-growing over the period 2021-2026. This growth is owing to factors such as soaring demand for state-of-the-art imaging technologies attributed to the accruing population in the Asian countries and swelling prevalence of many acute and chronic illnesses, the growing interest of students in courses such as software engineering, the massive flow of riches into research and development of top-notch technologies by private firms.
Market Dynamics
Driver: Augmenting government financing, and several mergers and acquisitions are Expected to Boost Product Demand.
Trends of mergers and acquisitions have soared up in AI-based imaging techniques. Companies are merging together to provide a better experience to patients and improve the overall effectiveness of existing technologies. Nanox and Zebra medical vision, Nanox, and USARAD holdings are a few examples of recent acquisitions in AI-based Imaging solutions. In addition to that, as the existence of health complications is broadening healthcare sector is on the top of the governments' priority list. Developing countries are allocating a glut of funds to research and development activities. India has elevated its overall healthcare outlay by 137% in 2021. Correspondingly, US healthcare expenditure is calculated to surpass the $6 trillion in upcoming future. All such activities are supposed to peddle the respective market forward.
Challenge: Data security threats and lack of skilled labor are Anticipated to Hamper Market Growth.
As a famous saying goes “Every coin has two sides”, similarly the AI-enabled X-Ray Imaging solutions Market has its fair share in both pros and cons. Several chief issues accompanied with the respective technology are security threats to data stored on-premise or cloud servers. On other hand, it demands skilled professionals who can wrap their heads around or get the hang of technology before long, and the lack of such people can strangle the growth of respective markets.
Key Market Players
Key Players in the Global AI-enabled X-Ray Imaging Solutions Market consist of Arterys Inc., Enlitic Inc., Zebra Medical Vision, Inc, Lunit Inc., Imagen Technologies, Inc, Vuno Co Ltd., General Electric Company, Siemens Healthineers AG, Konica Minolta Inc, Agfa-Gevaert NV, among others.
Recent Developments:
Report Coverage and Scope
The report "Global AI-enabled X-Ray Imaging Solutions Market", by Research Informatic covers an in-depth detailed analysis for the following segment which are covered under scope.
By Deployment Mode
By Product
By Application
Geography
Global AI-enabled X-Ray Imaging Solutions Market Growth, Trend and Forecast 2021-2028
Chapter 1 AI-enabled X-Ray Imaging Solutions Market Overview
1.1 Product Overview and Scope of AI-enabled X-Ray Imaging Solutions
1.2 AI-enabled X-Ray Imaging Solutions Market Segmentation by Type
1.2.1 Global Production Market Share of AI-enabled X-Ray Imaging Solutions by Type in 2020
1.2.1 Type 1
1.2.2 Type 2
1.2.3 Type 3
1.3 AI-enabled X-Ray Imaging Solutions Market Segmentation by Application
1.3.1 AI-enabled X-Ray Imaging Solutions Consumption Market Share by Application in 2020
1.3.2 Application 1
1.3.3 Application 2
1.3.4 Application 3
1.4 AI-enabled X-Ray Imaging Solutions Market Segmentation by Regions
1.4.1 North America
1.4.2 China
1.4.3 Europe
1.4.4 Southeast Asia
1.4.5 Japan
1.4.6 India
1.5 Global Market Size (Value) of AI-enabled X-Ray Imaging Solutions (2014-2028)
Chapter 2 Global Economic Impact on AI-enabled X-Ray Imaging Solutions Industry
2.1 Global Macroeconomic Environment Analysis
2.1.1 Global Macroeconomic Analysis
2.1.2 Global Macroeconomic Environment Development Trend
2.2 Global Macroeconomic Environment Analysis by Regions
Chapter 3 Global AI-enabled X-Ray Imaging Solutions Market Competition by Manufacturers
3.1 Global AI-enabled X-Ray Imaging Solutions Production and Share by Manufacturers (2020 and 2020)
3.2 Global AI-enabled X-Ray Imaging Solutions Revenue and Share by Manufacturers (2020 and 2020)
3.3 Global AI-enabled X-Ray Imaging Solutions Average Price by Manufacturers (2020 and 2020)
3.4 Manufacturers AI-enabled X-Ray Imaging Solutions Manufacturing Base Distribution, Production Area and Product Type
3.5 AI-enabled X-Ray Imaging Solutions Market Competitive Situation and Trends
3.5.1 AI-enabled X-Ray Imaging Solutions Market Concentration Rate
3.5.2 AI-enabled X-Ray Imaging Solutions Market Share of Top 3 and Top 5 Manufacturers
3.5.3 Mergers & Acquisitions, Expansion
Chapter 4 Global AI-enabled X-Ray Imaging Solutions Production, Revenue (Value) by Region (2014-2021)
4.1 Global AI-enabled X-Ray Imaging Solutions Production by Region (2014-2021)
4.2 Global AI-enabled X-Ray Imaging Solutions Production Market Share by Region (2014-2021)
4.3 Global AI-enabled X-Ray Imaging Solutions Revenue (Value) and Market Share by Region (2014-2021)
4.4 Global AI-enabled X-Ray Imaging Solutions Production, Revenue, Price and Gross Margin (2014-2021)
4.5 North America AI-enabled X-Ray Imaging Solutions Production, Revenue, Price and Gross Margin (2014-2021)
4.6 Europe AI-enabled X-Ray Imaging Solutions Production, Revenue, Price and Gross Margin (2014-2021)
4.7 China AI-enabled X-Ray Imaging Solutions Production, Revenue, Price and Gross Margin (2014-2021)
4.8 Japan AI-enabled X-Ray Imaging Solutions Production, Revenue, Price and Gross Margin (2014-2021)
4.9 Southeast Asia AI-enabled X-Ray Imaging Solutions Production, Revenue, Price and Gross Margin (2014-2021)
4.10 India AI-enabled X-Ray Imaging Solutions Production, Revenue, Price and Gross Margin (2014-2021)
Chapter 5 Global AI-enabled X-Ray Imaging Solutions Supply (Production), Consumption, Export, Import by Regions (2014-2021)
5.1 Global AI-enabled X-Ray Imaging Solutions Consumption by Regions (2014-2021)
5.2 North America AI-enabled X-Ray Imaging Solutions Production, Consumption, Export, Import by Regions (2014-2021)
5.3 Europe AI-enabled X-Ray Imaging Solutions Production, Consumption, Export, Import by Regions (2014-2021)
5.4 China AI-enabled X-Ray Imaging Solutions Production, Consumption, Export, Import by Regions (2014-2021)
5.5 Japan AI-enabled X-Ray Imaging Solutions Production, Consumption, Export, Import by Regions (2014-2021)
5.6 Southeast Asia AI-enabled X-Ray Imaging Solutions Production, Consumption, Export, Import by Regions (2014-2021)
5.7 India AI-enabled X-Ray Imaging Solutions Production, Consumption, Export, Import by Regions (2014-2021)
Chapter 6 Global AI-enabled X-Ray Imaging Solutions Production, Revenue (Value), Price Trend by Type
6.1 Global AI-enabled X-Ray Imaging Solutions Production and Market Share by Type (2014-2021)
6.2 Global AI-enabled X-Ray Imaging Solutions Revenue and Market Share by Type (2014-2021)
6.3 Global AI-enabled X-Ray Imaging Solutions Price by Type (2014-2021)
6.4 Global AI-enabled X-Ray Imaging Solutions Production Growth by Type (2014-2021)
Chapter 7 Global AI-enabled X-Ray Imaging Solutions Market Analysis by Application
7.1 Global AI-enabled X-Ray Imaging Solutions Consumption and Market Share by Application (2014-2021)
7.2 Global AI-enabled X-Ray Imaging Solutions Consumption Growth Rate by Application (2014-2021)
7.3 Market Drivers and Opportunities
7.3.1 Potential Applications
7.3.2 Emerging Markets/Countries
Chapter 8 AI-enabled X-Ray Imaging Solutions Manufacturing Cost Analysis
8.1 AI-enabled X-Ray Imaging Solutions Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Price Trend of Key Raw Materials
8.1.3 Key Suppliers of Raw Materials
8.1.4 Market Concentration Rate of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.2.1 Raw Materials
8.2.2 Labor Cost
8.2.3 Manufacturing Expenses
8.3 Manufacturing Process Analysis of AI-enabled X-Ray Imaging Solutions
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
9.1 AI-enabled X-Ray Imaging Solutions Industrial Chain Analysis
9.2 Upstream Raw Materials Sourcing
9.3 Raw Materials Sources of AI-enabled X-Ray Imaging Solutions Major Manufacturers in 2020
9.4 Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
10.1 Marketing Channel
10.1.1 Direct Marketing
10.1.2 Indirect Marketing
10.1.3 Marketing Channel Development Trend
10.2 Market Positioning
10.2.1 Pricing Strategy
10.2.2 Brand Strategy
10.2.3 Target Client
10.3 Distributors/Traders List
Chapter 11 Market Effect Factors Analysis
11.1 Technology Progress/Risk
11.1.1 Substitutes Threat
11.1.2 Technology Progress in Related Industry
11.2 Consumer Needs/Customer Preference Change
11.3 Economic/Political Environmental Change
Chapter 12 Global AI-enabled X-Ray Imaging Solutions Market Forecast (2021-2028)
12.1 Global AI-enabled X-Ray Imaging Solutions Production, Revenue Forecast (2021-2028)
12.2 Global AI-enabled X-Ray Imaging Solutions Production, Consumption Forecast by Regions (2021-2028)
12.3 Global AI-enabled X-Ray Imaging Solutions Production Forecast by Type (2021-2028)
12.4 Global AI-enabled X-Ray Imaging Solutions Consumption Forecast by Application (2021-2028)
12.5 AI-enabled X-Ray Imaging Solutions Price Forecast (2021-2028)
Chapter 13 Appendix
The Global AI-enabled X-Ray Imaging Solutions market size is estimated to reach $492 million by 2026, growing at a CAGR of 16.7% over the forecast period of 2021-2026.
Elevating cancer complications especially breast and lung cancer ailments are set to drive the growth of the AI-enabled X-Ray Imaging Solutions Market for the period.
Arterys Inc., Enlitic Inc., Zebra Medical Vision, Inc, Lunit Inc., Imagen Technologies, Inc, Vuno Co Ltd., General Electric Company, Siemens Healthineers AG, Konica Minolta Inc, Agfa-Gevaert NV, among others.
North America held the largest share of the AI-enabled X-Ray Imaging Solutions market in 2020, with a global market share of 34%. It is owing to The growth in this segment is owing to the factors such as the growing expertise in respective fields attributed to the presence of preeminent players VoxelCloud, Butterfly Network, Infervision, and many more.
By Application, the market for Diagnostic/Indicative to grow at the highest CAGR during the forecast period
Published On:Jan 2021
Base Year:2020
Historical Data:2017 - 2019
No of Pages:250
AI-enabled X-Ray Imaging Solutions Market Size, Sh...
RD Code : HP22