The AI In Medical Imaging Market size is estimated at USD 5.86 billion in 2024, and is expected to reach USD 20.40 billion by 2029, growing at a CAGR of 28.32% during the forecast period (2024-2029).
The AI Market in Medical Imaging is moderately competitive, owing to the presence of many players in the market operating in the domestic and international markets. The market could be more cohesive. Due to the increase in AI applications in the medical imaging market, major players are adopting strategies like product innovation, partnerships, mergers, and acquisitions.
In July 2022, the Magnetic Resonance Imaging (MRI) capabilities offered by Siemens Healthineers are accelerated and enhanced by artificial intelligence (AI). The compromise between scan time, resolution, and picture noise determines the MR imaging's quality. Minimizing noise and maintaining the exact answer or improving picture quality allows doctors to select a substantially shorter scan time. Instead of only enhancing the final diagnostic picture, Deep Resolve begins considerably earlier: It uses AI algorithms to improve the image from the initial stages of image reconstruction using the raw data from the scanner.
In July 2022, along with its artificial intelligence (AI) & digital solutions that seek to revolutionize clinical results, radiology efficiency, and enterprise efficiency, the company showcased its cutting-edge imaging technologies for improving patient care. To enhance the patient area within the bore by 22% compared to earlier generations of GE CT scanners, GE Healthcare unveiled the Revolution Ascend CT system at ECR 2022. This system combines a new 75-centimeter-wide gantry design with a lower table position.
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