The AI-enabled X-ray imaging solutions market size has grown rapidly in recent years. It will grow from $1.92 billion in 2023 to $2.17 billion in 2024 at a compound annual growth rate (CAGR) of 12.8%. The historical growth can be attributed to factors such as regulatory approvals, escalating healthcare costs, heightened demand for diagnostic precision, a growing shortage of radiologists, and an aging population.
The AI-enabled X-ray imaging solutions market size is expected to see rapid growth in the next few years. It will grow to $3.54 billion in 2028 at a compound annual growth rate (CAGR) of 13%. The projected growth in the forecast period can be attributed to the integration with electronic health records, the adoption of value-based care models, the widening applications in telemedicine, the emergence of AI-enabled triage systems, and the demand for personalized medicine. Key trends expected in the forecast period include ongoing growth in AI-enabled diagnostic accuracy and efficiency, the integration of AI with other imaging modalities beyond X-ray, the development of AI-driven predictive analytics, and a focus on regulatory standards and ethical considerations in AI implementation.
The AI-enabled X-ray imaging solutions market is anticipated to experience growth due to the increasing demand for personalized medicine, also known as precision medicine. Personalized medicine involves tailoring medical treatments and therapies to the specific characteristics of individual patients. This demand is driven by advancements in genomic research, a deeper understanding of disease diversity, and technological advancements. Personalized medicine amplifies the role of AI-enabled X-ray imaging solutions by customizing healthcare interventions, treatment strategies, and imaging protocols to suit the unique characteristics and requirements of each patient. For instance, in October 2022, the Personalized Medicine Coalition (PMC) reported over 75,000 genetic testing products and 300 personalized medicines, with 38% of new FDA-approved drugs in 2023 falling into the personalized medicine category. Consequently, the rising demand for personalized medicine is propelling the growth of the AI-enabled X-ray imaging solutions market.
Leading companies in the AI-enabled X-ray imaging solutions market are focusing on developing advanced solutions such as fixed AI-enabled X-ray systems to enhance workflow efficiency, alleviate challenges in patient positioning, and ensure high-quality imaging. These systems integrate artificial intelligence (AI) technology into X-ray imaging to improve analysis, interpretation, and utilization of X-ray images for medical diagnosis and treatment planning. For example, in August, GE HealthCare Technologies Inc. introduced the Definium 656 HD, featuring AI-driven image processing to streamline radiology workflows and reduce patient positioning time. This system incorporates 3D camera technology and an Intelligent Workflow Suite for consistent image quality, reduced repeat X-rays, and automated adjustments to in-room workflows through a 12-inch touchscreen on the tube head console.
In April 2024, GE HealthCare Technologies Inc., acquired MIM Software Inc., a software company specializing in AI-enabled X-ray imaging solutions, to enhance imaging analytics, digital workflow capabilities, and visualization product offerings. This acquisition is expected to bolster GE HealthCare's position in providing AI-powered image segmentation, contouring, and dosimetry analysis across various medical specialties such as radiology, molecular imaging, and radiation oncology.
Major companies operating in the AI-enabled X-ray imaging solutions market are Samsung Electronics Co. Ltd., General Electric Company, International Business Machines Corporation, Siemens Healthineers AG, Koninklijke Philips N.V., Agfa-Gevaert NV, Carestream Health Inc., Fujifilm Healthcare Americas Corporation, Canon Medical Systems Corporation, Lunit Inc., Infervision Medical Technology Co. Ltd., Behold AI Technologies Limited, DeepTek.ai Inc., Quibim S.L., Enlitic Inc., Thirona BV, Arterys Inc., AI Technologies Limited, Konica Minolta Inc., Vuno Co. Ltd., Zebra Medical Vision Inc., Radiobotics APS, Digitec Innovation Srl, Imagen Technologies Inc.
North America was the largest region in the AI-enabled X-ray imaging solutions market in 2023. It is expected to be the fastest-growing region in the forecast period. The regions covered in the aAI-enabled X-ray imaging solutions market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the AI-enabled X-ray imaging solutions market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
AI-enabled X-ray imaging solutions refer to the integration of artificial intelligence (AI) technology with X-ray imaging systems to improve the acquisition, interpretation, and analysis of X-ray images in medical imaging. These solutions utilize advanced algorithms to swiftly and accurately analyze X-ray images, aiding in the identification, categorization, and interpretation of anomalies or areas of interest.
The primary products in AI-enabled X-ray imaging solutions encompass software and hardware. Software comprises programs, instructions, and data that enable computers to execute specific tasks or functions. It encompasses various deployments such as cloud-based, web-based, and on-premises, along with different workflows such as detection, image acquisition, analysis, diagnosis and treatment decision support, triage, predictive analysis and risk assessment, as well as reporting and communication. These solutions find applications in general radiology and specialty radiology settings.
The AI-enabled X-ray imaging solutions market research report is one of a series of new reports that provides AI-enabled X-ray imaging solutions market statistics, including AI-enabled X-ray imaging solutions industry global market size, regional shares, competitors with a AI-enabled X-ray imaging solutions market share, detailed AI-enabled X-ray imaging solutions market segments, market trends and opportunities, and any further data you may need to thrive in the AI-enabled X-ray imaging solutions industry. This AI-enabled X-ray imaging solutions market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The AI-enabled X-ray imaging solutions market consists of revenues earned by entities by providing services such as image enhancement, automatic anomaly detection and classification, diagnosis, workflow optimization, and repair and maintenance services. The market value includes the value of related goods sold by the service provider or included within the service offering. The AI-enabled X-ray imaging solutions market also includes sales of X-ray machines, digital radiography (DR) systems, computed tomography (CT) scanners, and fluoroscopy systems. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The AI-enabled X-ray imaging solutions market size is expected to see rapid growth in the next few years. It will grow to $3.54 billion in 2028 at a compound annual growth rate (CAGR) of 13%. The projected growth in the forecast period can be attributed to the integration with electronic health records, the adoption of value-based care models, the widening applications in telemedicine, the emergence of AI-enabled triage systems, and the demand for personalized medicine. Key trends expected in the forecast period include ongoing growth in AI-enabled diagnostic accuracy and efficiency, the integration of AI with other imaging modalities beyond X-ray, the development of AI-driven predictive analytics, and a focus on regulatory standards and ethical considerations in AI implementation.
The AI-enabled X-ray imaging solutions market is anticipated to experience growth due to the increasing demand for personalized medicine, also known as precision medicine. Personalized medicine involves tailoring medical treatments and therapies to the specific characteristics of individual patients. This demand is driven by advancements in genomic research, a deeper understanding of disease diversity, and technological advancements. Personalized medicine amplifies the role of AI-enabled X-ray imaging solutions by customizing healthcare interventions, treatment strategies, and imaging protocols to suit the unique characteristics and requirements of each patient. For instance, in October 2022, the Personalized Medicine Coalition (PMC) reported over 75,000 genetic testing products and 300 personalized medicines, with 38% of new FDA-approved drugs in 2023 falling into the personalized medicine category. Consequently, the rising demand for personalized medicine is propelling the growth of the AI-enabled X-ray imaging solutions market.
Leading companies in the AI-enabled X-ray imaging solutions market are focusing on developing advanced solutions such as fixed AI-enabled X-ray systems to enhance workflow efficiency, alleviate challenges in patient positioning, and ensure high-quality imaging. These systems integrate artificial intelligence (AI) technology into X-ray imaging to improve analysis, interpretation, and utilization of X-ray images for medical diagnosis and treatment planning. For example, in August, GE HealthCare Technologies Inc. introduced the Definium 656 HD, featuring AI-driven image processing to streamline radiology workflows and reduce patient positioning time. This system incorporates 3D camera technology and an Intelligent Workflow Suite for consistent image quality, reduced repeat X-rays, and automated adjustments to in-room workflows through a 12-inch touchscreen on the tube head console.
In April 2024, GE HealthCare Technologies Inc., acquired MIM Software Inc., a software company specializing in AI-enabled X-ray imaging solutions, to enhance imaging analytics, digital workflow capabilities, and visualization product offerings. This acquisition is expected to bolster GE HealthCare's position in providing AI-powered image segmentation, contouring, and dosimetry analysis across various medical specialties such as radiology, molecular imaging, and radiation oncology.
Major companies operating in the AI-enabled X-ray imaging solutions market are Samsung Electronics Co. Ltd., General Electric Company, International Business Machines Corporation, Siemens Healthineers AG, Koninklijke Philips N.V., Agfa-Gevaert NV, Carestream Health Inc., Fujifilm Healthcare Americas Corporation, Canon Medical Systems Corporation, Lunit Inc., Infervision Medical Technology Co. Ltd., Behold AI Technologies Limited, DeepTek.ai Inc., Quibim S.L., Enlitic Inc., Thirona BV, Arterys Inc., AI Technologies Limited, Konica Minolta Inc., Vuno Co. Ltd., Zebra Medical Vision Inc., Radiobotics APS, Digitec Innovation Srl, Imagen Technologies Inc.
North America was the largest region in the AI-enabled X-ray imaging solutions market in 2023. It is expected to be the fastest-growing region in the forecast period. The regions covered in the aAI-enabled X-ray imaging solutions market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the AI-enabled X-ray imaging solutions market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
AI-enabled X-ray imaging solutions refer to the integration of artificial intelligence (AI) technology with X-ray imaging systems to improve the acquisition, interpretation, and analysis of X-ray images in medical imaging. These solutions utilize advanced algorithms to swiftly and accurately analyze X-ray images, aiding in the identification, categorization, and interpretation of anomalies or areas of interest.
The primary products in AI-enabled X-ray imaging solutions encompass software and hardware. Software comprises programs, instructions, and data that enable computers to execute specific tasks or functions. It encompasses various deployments such as cloud-based, web-based, and on-premises, along with different workflows such as detection, image acquisition, analysis, diagnosis and treatment decision support, triage, predictive analysis and risk assessment, as well as reporting and communication. These solutions find applications in general radiology and specialty radiology settings.
The AI-enabled X-ray imaging solutions market research report is one of a series of new reports that provides AI-enabled X-ray imaging solutions market statistics, including AI-enabled X-ray imaging solutions industry global market size, regional shares, competitors with a AI-enabled X-ray imaging solutions market share, detailed AI-enabled X-ray imaging solutions market segments, market trends and opportunities, and any further data you may need to thrive in the AI-enabled X-ray imaging solutions industry. This AI-enabled X-ray imaging solutions market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The AI-enabled X-ray imaging solutions market consists of revenues earned by entities by providing services such as image enhancement, automatic anomaly detection and classification, diagnosis, workflow optimization, and repair and maintenance services. The market value includes the value of related goods sold by the service provider or included within the service offering. The AI-enabled X-ray imaging solutions market also includes sales of X-ray machines, digital radiography (DR) systems, computed tomography (CT) scanners, and fluoroscopy systems. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. AI-Enabled X-Ray Imaging Solutions Market Characteristics3. AI-Enabled X-Ray Imaging Solutions Market Trends and Strategies32. Global AI-Enabled X-Ray Imaging Solutions Market Competitive Benchmarking33. Global AI-Enabled X-Ray Imaging Solutions Market Competitive Dashboard34. Key Mergers and Acquisitions in the AI-Enabled X-Ray Imaging Solutions Market
4. AI-Enabled X-Ray Imaging Solutions Market - Macro Economic Scenario
5. Global AI-Enabled X-Ray Imaging Solutions Market Size and Growth
6. AI-Enabled X-Ray Imaging Solutions Market Segmentation
7. AI-Enabled X-Ray Imaging Solutions Market Regional and Country Analysis
8. Asia-Pacific AI-Enabled X-Ray Imaging Solutions Market
9. China AI-Enabled X-Ray Imaging Solutions Market
10. India AI-Enabled X-Ray Imaging Solutions Market
11. Japan AI-Enabled X-Ray Imaging Solutions Market
12. Australia AI-Enabled X-Ray Imaging Solutions Market
13. Indonesia AI-Enabled X-Ray Imaging Solutions Market
14. South Korea AI-Enabled X-Ray Imaging Solutions Market
15. Western Europe AI-Enabled X-Ray Imaging Solutions Market
16. UK AI-Enabled X-Ray Imaging Solutions Market
17. Germany AI-Enabled X-Ray Imaging Solutions Market
18. France AI-Enabled X-Ray Imaging Solutions Market
19. Italy AI-Enabled X-Ray Imaging Solutions Market
20. Spain AI-Enabled X-Ray Imaging Solutions Market
21. Eastern Europe AI-Enabled X-Ray Imaging Solutions Market
22. Russia AI-Enabled X-Ray Imaging Solutions Market
23. North America AI-Enabled X-Ray Imaging Solutions Market
24. USA AI-Enabled X-Ray Imaging Solutions Market
25. Canada AI-Enabled X-Ray Imaging Solutions Market
26. South America AI-Enabled X-Ray Imaging Solutions Market
27. Brazil AI-Enabled X-Ray Imaging Solutions Market
28. Middle East AI-Enabled X-Ray Imaging Solutions Market
29. Africa AI-Enabled X-Ray Imaging Solutions Market
30. AI-Enabled X-Ray Imaging Solutions Market Competitive Landscape and Company Profiles
31. AI-Enabled X-Ray Imaging Solutions Market Other Major and Innovative Companies
35. AI-Enabled X-Ray Imaging Solutions Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
AI-Enabled X-Ray Imaging Solutions Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on AI-enabled x-ray imaging solutions market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for AI-enabled x-ray imaging solutions ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The AI-enabled x-ray imaging solutions market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) by Product: Software; Hardware2) by Mode of Deployment: Cloud-Based and Web-Based; on-Premises
3) by Workflow: Detection; Image Acquisition; Image Analysis; Diagnosis and Treatment Decision Support; Triage; Predictive Analysis and Risk Assessment; Reporting and Communication
4) by Application: General Radiology; Specialty Radiology
Key Companies Mentioned: Samsung Electronics Co. Ltd.; General Electric Company; International Business Machines Corporation; Siemens Healthineers AG; Koninklijke Philips N.V.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Samsung Electronics Co. Ltd.
- General Electric Company
- International Business Machines Corporation
- Siemens Healthineers AG
- Koninklijke Philips N.V.
- Agfa-Gevaert NV
- Carestream Health Inc.
- Fujifilm Healthcare Americas Corporation
- Canon Medical Systems Corporation
- Lunit Inc.
- Infervision Medical Technology Co. Ltd.
- Behold AI Technologies Limited
- DeepTek.ai Inc.
- Quibim S.L.
- Enlitic Inc.
- Thirona BV
- Arterys Inc.
- AI Technologies Limited
- Konica Minolta Inc.
- Vuno Co. Ltd.
- Zebra Medical Vision Inc.
- Radiobotics APS
- Digitec Innovation Srl
- Imagen Technologies Inc.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | June 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 2.17 Billion |
Forecasted Market Value ( USD | $ 3.54 Billion |
Compound Annual Growth Rate | 13.0% |
Regions Covered | Global |