The LAMEA AI In Medical Imaging Market would witness market growth of 35.5% CAGR during the forecast period (2023-2030).
The Brazil market dominated the LAMEA AI In Medical Imaging Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $208.9 million by 2030. The Argentina market is showcasing a CAGR of 36.3% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 35.1% during (2023 - 2030).
AI-powered portable imaging devices and handheld scanners facilitate point-of-care diagnostics in remote emergency departments and ambulatory care settings. These devices enable rapid image acquisition, real-time image analysis, and immediate diagnostic feedback, enhancing access to healthcare services and improving patient outcomes in underserved communities. The adoption of this has been steadily increasing across healthcare organizations, research institutions, and imaging centers.
The exponential growth of medical imaging data, including images, patient records, and clinical annotations, has created opportunities for AI applications in medical imaging. AI algorithms require large datasets for training and validation, and the abundance of medical imaging data has fuelled the development of robust and generalizable AI models. Similarly, the use of this has increased due to the trend toward precision medicine, which tries to customize care for each patient based on their particular needs.
The higher healthcare expenditure in the UAE enables improved access to healthcare services, including advanced medical imaging technologies. According to the International Trade Administration (ITA), in the UAE’s 2022 federal budget, a total of USD 15.8 billion (AED 58.931 billion) was approved for public spending, of which 8.4% is dedicated to healthcare. Thus, the high expenditure on the healthcare sector and the growing digital healthcare industry in the region are driving the market’s growth.
Based on Technology, the market is segmented into Deep Learning, Natural Language Processing (NLP), and Others. Based on Modality, the market is segmented into CT Scan, MRI, Ultrasound, X-rays, and Nuclear Imaging. Based on End-use, the market is segmented into Hospitals, Diagnostic Imaging Centers, and Others. Based on Application, the market is segmented into Neurology, Breast Screening, Cardiology, Respiratory & Pulmonary, Orthopedics, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The Brazil market dominated the LAMEA AI In Medical Imaging Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $208.9 million by 2030. The Argentina market is showcasing a CAGR of 36.3% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 35.1% during (2023 - 2030).
AI-powered portable imaging devices and handheld scanners facilitate point-of-care diagnostics in remote emergency departments and ambulatory care settings. These devices enable rapid image acquisition, real-time image analysis, and immediate diagnostic feedback, enhancing access to healthcare services and improving patient outcomes in underserved communities. The adoption of this has been steadily increasing across healthcare organizations, research institutions, and imaging centers.
The exponential growth of medical imaging data, including images, patient records, and clinical annotations, has created opportunities for AI applications in medical imaging. AI algorithms require large datasets for training and validation, and the abundance of medical imaging data has fuelled the development of robust and generalizable AI models. Similarly, the use of this has increased due to the trend toward precision medicine, which tries to customize care for each patient based on their particular needs.
The higher healthcare expenditure in the UAE enables improved access to healthcare services, including advanced medical imaging technologies. According to the International Trade Administration (ITA), in the UAE’s 2022 federal budget, a total of USD 15.8 billion (AED 58.931 billion) was approved for public spending, of which 8.4% is dedicated to healthcare. Thus, the high expenditure on the healthcare sector and the growing digital healthcare industry in the region are driving the market’s growth.
Based on Technology, the market is segmented into Deep Learning, Natural Language Processing (NLP), and Others. Based on Modality, the market is segmented into CT Scan, MRI, Ultrasound, X-rays, and Nuclear Imaging. Based on End-use, the market is segmented into Hospitals, Diagnostic Imaging Centers, and Others. Based on Application, the market is segmented into Neurology, Breast Screening, Cardiology, Respiratory & Pulmonary, Orthopedics, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Siemens Healthineers AG (Siemens AG)
- GE HealthCare Technologies, Inc.
- Koninklijke Philips N.V.
- Fujifilm Holdings Corporation
- Agfa-Gevaert NV
- Microsoft Corporation
- Google LLC (Alphabet Inc.)
- Intel Corporation
- NVIDIA Corporation
- Zebra Technologies Corporation
Market Report Segmentation
By Technology- Deep Learning
- Natural Language Processing (NLP)
- Others
- CT Scan
- MRI
- Ultrasound
- X-rays
- Nuclear Imaging
- Hospitals
- Diagnostic Imaging Centers
- Others
- Neurology
- Breast Screening
- Cardiology
- Respiratory & Pulmonary
- Orthopedics
- Others
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. LAMEA AI In Medical Imaging Market by Technology
Chapter 6. LAMEA AI In Medical Imaging Market by Modality
Chapter 7. LAMEA AI In Medical Imaging Market by End-use
Chapter 8. LAMEA AI In Medical Imaging Market by Application
Chapter 9. LAMEA AI In Medical Imaging Market by Country
Chapter 10. Company Profiles
Companies Mentioned
- Siemens Healthineers AG (Siemens AG)
- GE HealthCare Technologies, Inc.
- Koninklijke Philips N.V.
- Fujifilm Holdings Corporation
- Agfa-Gevaert NV
- Microsoft Corporation
- Google LLC (Alphabet Inc.)
- Intel Corporation
- NVIDIA Corporation
- Zebra Technologies Corporation
Methodology
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