Report Scope & Overview:
The Computer Vision in Healthcare Market Size was valued at USD 993.8 million in 2022, and is expected to reach USD 22266 million by 2030, and grow at a CAGR of 47.5% over the forecast period 2023-2030.
In contrast to a doctor, computer vision uses algorithms for image processing to produce faster and more accurate diagnoses. Computer vision technology for healthcare is utilised in procedures and treatments to treat a variety of ailments. Additionally, the use of computers in healthcare allows for the automation of time-consuming processes, freeing up doctors to concentrate on providing the best possible care for their patients. It aids in cost-cutting as well. Medical imaging modalities like CT and MRI are being developed with the help of rapid prototyping technology and three-dimensional modelling. Medical imaging and diagnostics, surgeries, clinical trials, patient management, research, and other applications are just a few of the segments where it has applicability. Computer vision in healthcare has many benefits that are fueling its rapid expansion. Therefore, the market will benefit from the demand for computer vision.
To get more information on Computer Vision in Healthcare Market - Request Sample Report
The Healthcare Sector is Seeing a Rise in the Demand for Computer Vision Systems
Governmental Efforts to Promote the Adoption of AI-Based Technologies
Large Data in Healthcare
The application of computer vision to precision medicine
Medical Professionals' Reluctance to Adopt AI-Based Technologies
Lack of Information and Technical Skills
Medical Computer Vision Services in the Cloud
Applications Still Unexplored
Increasing Security Issues with Cloud-Based Image Processing and Analytics
Scarcity of curated data
IMPACT OF COVID-19
The healthcare market continues to decline as a result of COVID-19. Communities aside, COVID-19 was a catastrophe for the major world economies, particularly the healthcare industry. Important parties are continuing to modify their plans in response to the quickly shifting circumstances. The healthcare sector is expected to see severe long-term effects from COVID-19. Until the problem is resolved, significant players and nations would need to make important healthcare adjustments.
The future of healthcare reforms is expected to include significant investments in technological development, cost control, and expanded access. In the ongoing outbreak, telemedicine and digital health have assumed a prominent role. Remote diagnosis, care, and consultation were once again highlighted by COVID-19. Growth in Telehealth has been hampered in recent years by legislative and behavioural obstacles. The segment is expected to rise over the next two years, though, as many healthcare providers are now working on video conferencing and phone calls. Patients with mild symptoms were also required to consult online as part of the social distancing strategies. Additionally, it significantly lessened the strain on hospitals who were already overwhelmed with COVID-19 patient counts. Medical IoT devices that reside in the patient's house are now utilised to maximize outpatient care and reduce follow-up visits; these devices can also be employed in an emergency. Extreme resource shortages were caused by the pandemic.
VALUE CHAIN ANALYSIS
The market trends for computer vision in healthcare are being driven by the escalating demand for digital technology integration in the healthcare industry. As a result, the market is expected to grow profitably in the years to come thanks to a number of benefits such advancements in diagnostics and operations. The market's value chain will also be improved in the coming years because to the development in the supply chain.
By Product & Service
Software, hardware, and services make up the three market segments for computer vision in healthcare. The market segment with the biggest share in software. Despite the difficulties of having a staffing shortage and having to deal with rising imaging scan volumes, software solutions that digitalize healthcare and are coupled with artificial intelligence assist healthcare organisations achieve a competitive edge. This is a significant driver of market expansion.
Medical imaging & diagnostics, operations, and other applications make up the various subsectors of the computer vision in healthcare industry. The market's highest percentage share was held by the medical imaging and diagnostics category. Additionally, during the anticipated time, this sector is anticipated to increase at the fastest rate. The benefits of employing computer vision for medical imaging and diagnostics, including an improvement in quality, accuracy, and predictability as well as the early diagnosis of some diseases, are what are causing the market for medical imaging and diagnostics to expand.
By End user
Healthcare organisations, diagnostic facilities, and other end users make up the market segments. The healthcare providers market category held the greatest market share and is anticipated to increase at the fastest rate during the forecast period. The main reasons influencing the growth of this end-user market are the expanding use of computer vision solutions in hospitals and the increased emphasis of businesses on creating AI and computer vision tools to enhance hospital operations.
KEY MARKET SEGMENTS
By Product & Service
Medical imaging and diagnostics
By End user
Need any customization research on Computer Vision in Healthcare Market - Enquiry Now
North America is the leading region in the world for computer vision in healthcare, followed by Europe, Asia, and the Rest of the World. The market in North America is anticipated to grow at the fastest rate during the prediction period. The significant growth of the North American market may be ascribed to the rise in the use of imaging procedures for the diagnosis of diseases, the adoption of personalized medicine, and the expansion of government programmes to promote the use of AI-based healthcare solutions.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
AiCure-Company Financial Analysis
|Market Size in 2022
|US$ 993.8 Million
|Market Size by 2030
|US$ 22266 Million
|CAGR of 47.5% From 2023 to 2030
|Report Scope & Coverage
|Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
|• By Product & Service (Hardware, Software, Services)
• By Application (Medical imaging and diagnostics, Surgeries, Other applications)
• By End user (Healthcare providers, Diagnostic centers)
|North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Arterys, iCAD Inc., Basler AG, AiCure, Google, IBM, Intel Corporation, Microsoft, NVIDIA Corporation, Xilinx Inc.
|• The Healthcare Sector is Seeing a Rise in the Demand for Computer Vision Systems
• Governmental Efforts to Promote the Adoption of AI-Based Technologies
• Large Data in Healthcare
|• Medical Professionals' Reluctance to Adopt AI-Based Technologies
• Lack of Information and Technical Skills
Computer Vision in Healthcare Market Size was valued at USD 993.8 million in 2022, and expected to reach USD 22266 million by 2030.
Large Data in Healthcare, and the application of computer vision to precision medicine are the key drivers of the Computer Vision in Healthcare market.
Drivers, Restraints, Opportunities, and Challenges are the factors of marketing dynamics Computer Vision in Healthcare market.
Hardware, Software, and Services are the sub segments of component of Computer Vision in Healthcare market.
Yes, the market's value chain will also be improved in the coming years because to the development in the supply chain.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
188.8.131.52 United Kingdom
184.108.40.206 South Korea
220.127.116.11 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Computer Vision in Healthcare Market Segmentation, By Product & Service
9. Computer Vision in Healthcare Market Segmentation, By Application
9.1 Medical imaging and Diagnostics
9.3 Other applications
10. Computer Vision in Healthcare Market Segmentation, By End User
10.1 Healthcare providers
10.2 Diagnostic centers
11. Regional Analysis
11.2 North America
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4.2 South Korea
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.3 South Africa
11.6 Latin America
11.6.3 Rest of Latin America
12. Company Profiles
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 iCAD Inc.
12.3 Basler AG
12.7 Intel Corporation
12.9 NVIDIA Corporation
12.10 Xilinx Inc.
13. Competitive Landscape
13.1 Competitive Benchmark
13.2 Market Share Analysis
13.3 Recent Developments
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The 3D Ultrasound Market was estimated at USD 3.65 billion in 2022 and is poised to reach USD 6.17 billion in 2030 anticipated to expand at a compound annual growth rate of approx. CAGR of 6.8% for the forecast period of 2023-2030.
The Oncology Information System Market Size was valued at USD 3.12 billion in 2022, and is expected to reach USD 5.60 billion by 2030, and grow at a CAGR of 7.6% over the forecast period 2023-2030.
The Exosomes Market size was estimated USD 113.3 million in 2022 and is expected to reach USD 1076.35 million by 2030 at a CAGR of 32.5% during the forecast period of 2023-2030.
The Oxygen Flow Meters Market Size was valued at USD 1.18 billion in 2022 and is expected to reach USD 1.87 billion by 2030, and grow at a CAGR of 5.9% over the forecast period 2023-2030.
The Cell & Gene Therapy Manufacturing Services Market Size was valued at USD 16.92 billion in 2022 and is expected to reach USD 30.86 billion by 2030, and grow at a CAGR of 7.8% over the forecast period 2023-2030.
The Healthcare Data Storage Market Size was valued at USD 4.12 billion in 2022, and is expected to reach USD 12.17 billion by 2030, and grow at a CAGR of 14.5% over the forecast period 2023-2030.
Hi! Click one of our member below to chat on Phone