Artificial Intelligence in Diagnostics Market by End-user and Geography - Forecast and Analysis 2022-2026

  • Published: Oct 2021
  • Pages: 120
  • SKU: IRTNTR71328
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The artificial intelligence in diagnostics market share should rise by USD 2.22 billion from 2022 to 2026 at a CAGR of 32.14%.

This artificial intelligence in diagnostics market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by end-user (hospitals and clinics, diagnostics laboratory, and homecare) and geography (North America, Europe, APAC, South America, and MEA). The artificial intelligence in diagnostics market report also offers information on several market vendors, including Aidoc Medical Ltd., AliveCor Inc., Digital Diagnostics Inc., General Electric Co., Imagen Technologies Inc., NovaSignal Corp., Riverain Technologies, Siemens AG, Vuno Co. Ltd., and Zebra Medical Vision Ltd. among others.

What will the Artificial Intelligence in Diagnostics Market Size be in 2022?

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Artificial Intelligence in Diagnostics Market: Key Drivers and Trends

The increasing application of artificial intelligence in the healthcare industry is notably driving AI in diagnostics market growth, although factors such as cybersecurity issues may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on artificial intelligence in diagnostics industry. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.

This artificial intelligence in diagnostics market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Artificial Intelligence in Diagnostics Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Aidoc Medical Ltd.
  • AliveCor Inc.
  • Digital Diagnostics Inc.
  • General Electric Co.
  • Imagen Technologies Inc.
  • NovaSignal Corp.
  • Riverain Technologies
  • Siemens AG
  • Vuno Co. Ltd.
  • Zebra Medical Vision Ltd.

 

The vendor landscape of the artificial intelligence in diagnostics market entails successful business strategies deployed by the vendors. The AI in diagnostics market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the artificial intelligence in diagnostics market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Artificial Intelligence in Diagnostics Market?

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54% of the market’s growth will originate from North America during the forecast period. The US is the key market for artificial intelligence in diagnostics in North America. 

The report offers an up-to-date analysis of the geographical composition of the market. North America has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The rising prevalence of chronic diseases will facilitate the artificial intelligence in diagnostics market growth in North America over the forecast period. The report offers an up-to-date analysis of the geographical composition of the market, competitive intelligence, and regional opportunities in store for vendors.

What are the Revenue-generating End-user Segments in the Artificial Intelligence in Diagnostics Market?

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The artificial intelligence in diagnostics market share growth by the hospitals and clinics segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2022-2026 and embrace technologies to improve business efficiency.

This report provides an accurate prediction of the contribution of all the segments to the growth of the AI in diagnostics market size. Furthermore, our analysts have indicated actionable market insights on post COVID-19 impact on each segment, which is crucial to predict change in consumer demand.

Artificial Intelligence in Diagnostics Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 32.14%

Market growth 2022-2026

$ 2.22 billion

Market structure

Fragmented

YoY growth (%)

23.57

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 54%

Key consumer countries

US, China, Germany, UK, and France

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Companies profiled

Aidoc Medical Ltd., AliveCor Inc., Digital Diagnostics Inc., General Electric Co., Imagen Technologies Inc., NovaSignal Corp., Riverain Technologies, Siemens AG, Vuno Co. Ltd., and Zebra Medical Vision Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Factors Covered in this Artificial Intelligence in Diagnostics Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive artificial intelligence in diagnostics market growth during the next five years
  • Precise estimation of the artificial intelligence in diagnostics market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the AI in diagnostics market across North America, Europe, APAC, South America, and MEA 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of AI in diagnostics market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2021
    • Market outlook: Forecast for 2021 - 2026

    Five Forces Analysis

    • Five forces analysis
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by End-user

    • Market segments
    • Comparison by End-user
    • Hospitals and clinics - Market size and forecast 2021-2026
    • Diagnostics laboratory - Market size and forecast 2021-2026
    • Homecare - Market size and forecast 2021-2026
    • Market opportunity by End-user

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2021-2026
      • Europe - Market size and forecast 2021-2026
      • APAC - Market size and forecast 2021-2026
      • South America - Market size and forecast 2021-2026
      • MEA - Market size and forecast 2021-2026
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Overview
      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Aidoc Medical Ltd.
      • AliveCor Inc.
      • Digital Diagnostics Inc.
      • General Electric Co.
      • Imagen Technologies Inc.
      • NovaSignal Corp.
      • Riverain Technologies
      • Siemens AG
      • Vuno Co. Ltd.
      • Zebra Medical Vision Ltd.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
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      The artificial intelligence in diagnostics market growth will increase by $2229.11 million during 2021-2026.
      The artificial intelligence in diagnostics market is expected to grow at a CAGR of 32.14% during 2021-2026.
      Technavio has segmented the artificial intelligence in diagnostics market by end user (Hospitals and clinics, Diagnostics laboratory, and Homecare) and geographic (North America, Europe, APAC, South America, MEA, North America, Europe, APAC, South America, and MEA).
      Aidoc Medical Ltd., AliveCor Inc., Digital Diagnostics Inc., General Electric Co., Imagen Technologies Inc., NovaSignal Corp., Riverain Technologies, Siemens AG, Vuno Co. Ltd., Zebra Medical Vision Ltd. are a few of the key vendors in the artificial intelligence in diagnostics market.
      North America will register the highest growth rate of 53.59% among the other regions. Therefore, the artificial intelligence in diagnostics market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the artificial intelligence in diagnostics market growth are:
      • Increasing application of artificial intelligence in healthcare industry
      The artificial intelligence in diagnostics market vendors should focus on grabbing business opportunities from the hospitals and clinics segment as it accounted for the largest market share in the base year.
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