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Computer Vision in Healthcare Market by Component (Software, Services), by Application (Medical imaging & diagnosis, Surgical assistance, Patient identification, Remote patient monitoring, Other applications), by End-user (Hospitals & clinics, Diagnostic centers, Academic research institutes, Other end-users), by North America (U.S., Canada), by Europe (Germany, UK, France, Italy, Spain, Rest of Europe), by Asia Pacific (Japan, China, India, Australia, Rest of Asia Pacific), by Latin America (Brazil, Mexico, Rest of Latin America), by Middle East and Africa (South Africa, Saudi Arabia, Rest of Middle East and Africa) Forecast 2025-2033
The size of the Computer Vision in Healthcare market was valued at USD XXX Billion in 2023 and is projected to reach USD XXX Billion by 2032, with an expected CAGR of 34.3% during the forecast period.That's basically the use of artificial intelligence and image processing to interpret and analyze medical images such as X-rays, MRI, or CT scans. The most significant algorithms computer vision uses in their advanced algorithms will be for use by health sector professionals in areas like disease diagnosis, treatment plans, and also help guide doctors in surgery. The medical images which the computer vision systems look through may also find anomalies or features not visually discernible by human eyes. It ensures correct diagnosis, smooth workflow, and enhancement of patient care outcomes.
The market is highly fragmented with a large number of small and medium-sized players. The major players in the market include AltexSoft, AiCure, Encord, General Electric (GE), ImFusion, InData Labs, Insoftex, NVIDIA Corporation, Robovision BV., Shaip, Softengi, and Verkada Inc. The market is concentrated in North America and Europe, which account for over 60% of the global market share.
One of the key trends in the market is the increasing adoption of cloud-based computer vision solutions. Cloud-based solutions offer several advantages over on-premises solutions, such as scalability, flexibility, and cost-effectiveness. Another key trend is the growing use of computer vision in combination with other technologies, such as AI and machine learning. This combination of technologies is enabling the development of new and innovative applications in the healthcare industry, such as the development of automated diagnostic tools and personalized treatment plans.
North America is the largest market for computer vision in healthcare, followed by Europe and Asia Pacific. The growth in North America is driven by the high adoption of AI and machine learning in the healthcare industry and the presence of a large number of major players in the region. Europe is the second largest market for computer vision in healthcare. The growth in Europe is driven by the increasing demand for medical imaging & diagnosis and surgical assistance. Asia Pacific is the fastest growing market for computer vision in healthcare. The growth in Asia Pacific is driven by the rising demand for healthcare services and the increasing government initiatives to promote the use of computer vision in healthcare.
The report provides a comprehensive overview of the Computer Vision in Healthcare Market, including market size, market share, growth rates, and key trends. The report also provides a detailed analysis of the market's competitive landscape, including company profiles, market shares, and product offerings.
1. Component
2. Application
3. End-user
1. North America
2. Europe
3. Asia Pacific
4. Latin America
5. Middle East and Africa
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 34.3% from 2019-2033 |
Segmentation |
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Note* : In applicable scenarios
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