Artificial Intelligence/Machine Learning Medical Device Market Overview
The global artificial intelligence/machine learning medical device market is estimated to reach $35,458.2 million in 2032, reveals the premium market intelligence study. The study also highlights that the market is set to witness a CAGR of 24.35% during the forecast period 2022-2032.
The global artificial intelligence/machine learning medical device market is anticipated to be influenced by various factors during the forecast period 2022-2032. The key factors driving growth include the presence of a large ecosystem of companies offering AI solutions, growing demand in the field of radiology and cardiology, growing demand for wearable sensors, and large number of government initiatives.
USP of the Report
• Funding scenario
• Business models
• Regulatory approval scenario
• End user perception
• Recommendations for players entering the market
• Impact of COVID-19
• Region-level market segmentation by clinical area (and further segmentation by type)
• Region-level market segmentation by product type
• “Digital transformation: Adoption of AI in healthcare” provided for each region
Analyst Perspective
To emphasize the potential of the global artificial intelligence/machine learning medical device market, Swati Sood, Principal Analyst of the report, states, “AI in healthcare is an emerging topic and has immense potential to reduce wait times and decrease the increasing burden on the global healthcare system. This market is expected to register significant growth during the forecast period 2022-2032.”
Key Companies Operating in The Market
The global artificial intelligence/machine learning medical device market is highly fragmented, with over 250 players, including established companies and startups. Key players in the global artificial intelligence/machine learning medical device market analyzed and profiled in the study involve established and emerging players that offer different AI-enabled medical devices. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.
The key players profiled in the report include Aidoc Medical, Ltd., Canon Inc., CellaVision AB, Clarius Mobile Health Corp., General Electric Company, Hyperfine Inc., Koninklijke Philips N.V., Medtronic plc, Nanox.AI Ltd., Paige.AI, RadNet, Inc., Shanghai United Imaging Healthcare Co., Ltd., Siemens Healthineers AG, Tempus, and Viz.ai, Inc.
Key Questions Answered in the Report/h3>
• What are the major market drivers, challenges, and opportunities in the global artificial intelligence/machine learning medical device market?
• What are the emerging trends within the global artificial intelligence/machine learning medical device market?
• What is the growth potential of the global artificial intelligence/machine learning medical device market in North America, Europe, Asia-Pacific, and Rest-of-the World?
• What is the patent filing trend in the global artificial intelligence/machine learning medical device market?
• What is the market segmentation based on the clinical area? Which clinical areas hold the largest share of the market in 2022?
• What is the market segmentation based on the product type? Which product type holds the largest share of the market in 2022?
• What is the funding scenario in the global artificial intelligence/machine learning medical device market?
• How has the COVID-19 pandemic impacted the global artificial intelligence/machine learning medical device market?
• What are the gaps in the market, and how can market players leverage that opportunity?
Get the full report:
Artificial Intelligence/Machine Learning Medical Device Market Research Report
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