New Jersey, United States-The architecture of a neural network is composed of layers of linked nodes. Each network node computes a weighted sum of the input data, which is then sent to an activation function. The incorporation of AI in healthcare and medical imaging altered diagnostic methods, contributing to the growth of the worldwide AI in the medical imaging market.
Furthermore, AI is a critical enhancing capability for analyzing a large number of medical photos and uncovering illness indications that would otherwise go undetected. As a result, the AI in the medical imaging market is predicted to expand throughout the forecast period.
Key Market Players
The significant market players incorporate 3Scan, Agfa Healthcare, Arterys, Butterfly Network, Inc., EchoNous, Inc., Enlitic, Inc., IBM Corporation, NVIDIA Corporation, GE Healthcare, and Siemens. These players are associated with vital joint efforts, local development, and new item send-off. For example, in April 2020, Siemen Healthineers upgraded its PET/CT Portfolio as it got FDA endorsement for its AIDAN Artificial Intelligence Suite.
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Segment Analysis
By Application:
● Digital pathology
● Oncology
● Others
By End User:
● Hospitals
● Diagnostic centers
By Region:
● North America
● Europe
● Asia Pacific
● Latin America
● MEA
Covid Analysis
The COVID-19 epidemic wreaked havoc on nearly every industry, including healthcare. Most healthcare providers favor imaging as a COVID-19 screening option since it gives a critical diagnosis in a short period of time. The imaging data have been utilized extensively to research the virus and its effect on patients of various demographics. As a result, AI in Medical Imaging is predicted to expand at a faster rate.
Recent Developments
● Zebra Medical Vision established a strategic relationship with TELUS Ventures in July 2020. This agreement involves an investment that will help Zebra-Med expand its footprint in North America and expose its artificial intelligence (AI) solutions to the most recent modalities and clinical care settings.
● GE Healthcare released its Thoracic Care Suite in June 2020, a set of eight artificial intelligence (AI) algorithms using Lunit INSIGHT CXR to assist relieve clinical pressure caused by COVID-19. The AI suite swiftly evaluates chest x-ray data and indicates anomalies for evaluation by radiologists, including pneumonia, which may imply COVID-19, TB, lung nodules, and other radiological findings.
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Key Questions
● How large is the artificial intelligence market in medical imaging?
● What role does artificial intelligence play in the growth of the medical imaging market?
● Which category accounted for the most proportion of the medical imaging artificial intelligence market?
● Who are the top participants in the medical imaging artificial intelligence market?
● What factors are driving the artificial intelligence industry in medical imaging?
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