Artificial Intelligence (AI) in Medical Diagnostics Market to Witness Widespread Expansion During 2023-2031 | Nvidia, IBM, Intel, Microsoft, GE Healthcare

Published February 14, 2023

Global Artificial Intelligence (AI) in Medical Diagnostics Market report from Global Insight Services is the single authoritative source of intelligence on Artificial Intelligence (AI) in Medical Diagnostics Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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Artificial Intelligence (AI) in Medical Diagnostics is the application of artificial intelligence to the field of medicine for the purpose of medical diagnosis. Medical diagnosis is the process of determining the cause of a medical condition by looking at the symptoms and medical history of a patient. AI in medical diagnostics can be used to help doctors make better decisions about diagnosis and treatment by providing them with more information about a patient’s condition.

Key Trends

There are several key trends in Artificial Intelligence (AI) in Medical Diagnostics technology. One is the use of artificial intelligence to help doctors better diagnose diseases. For example, IBM Watson is being used to help doctors diagnose cancer.

Another key trend is the use of artificial intelligence to develop new treatments for diseases. For example, Google DeepMind is working on developing new treatments for cancer and other diseases.

Finally, artificial intelligence is also being used to develop new ways to prevent and detect disease. For example, researchers at MIT are using artificial intelligence to develop a system that can detect early signs of Alzheimer’s disease.

Key Drivers

There are a few key drivers of Artificial Intelligence (AI) in the Medical Diagnostics market.

Firstly, the increasing accuracy of AI algorithms is driving the adoption of AI in medical diagnostics.

Secondly, the increasing availability of data is another key driver. With the increasing use of electronic health records (EHRs), there is a growing pool of data that can be used to train AI algorithms.

Thirdly, the increasing number of regulatory approvals is also driving the adoption of Ai in medical diagnostics. In 2018, the FDA approved the use of an AI algorithm for the detection of diabetic retinopathy.

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Market Segmentation

By Component

  • Software
  • Services

By Application

  • MRI
  • CT scan
  • Others

Key Players

The global artificial intelligence in medical diagnostics market includes players such as Nvidia, IBM, Intel, Microsoft, GE Healthcare, Butterfly Network Inc, Therapixel, Zebra Medical Vision, Digital Diagnostics, Prognos, and others.

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