AI-Based Medical Imaging Market
                     AI-Based 
Medical 
Imaging Market
: Future
of Healthcare in
an Aging World 
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In 2021, size of the AI-based medical imaging market was around $1,093 million and will reach 
above $11,921 million by 2030, propelling at a mammoth CAGR of above 30% in the years to 
come. The main factors pushing the industry are the increasing occurrence of chronic illnesses, 
snowballing requirements for medical services for the elderly population, and increasing R&D 
expenditure in the healthcare industry.
Market Overview@ https://www.psmarketresearch.com/market-analysis/ai-based-medical-
imaging-market
Digitization and new technical expansions in the healthcare industry play a major role in 
increasing the sales of AI-based medical imaging equipment. The most prominent progression in 
the industry is AI-based technologies, like medical imaging, used for early recognition of 
ailments, better diagnosis, and patient-specific treatments. AI has numerous uses in medical 
imaging, as a result of its accurateness and sensitivity in finding abnormalities.
Furthermore, the industry growth is also propelled by the momentous investment precisely for 
the expansion of AI-enabled solutions, the enormous population suffering from cancer and 
further chronic diseases, and numerous small, and large companies that offer a wide variety of 
AI-based CT imaging solutions.
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Hospitals had the largest demand for these diagnostic solutions in 2021, and they will advance 
with a growth rate of 30% in the years to come. This is credited to the omnipresence, easy 
availability, and preference of hospitals as compared to other medical facilities. Furthermore, 
reimbursement plans are among the main factors behind the industrial dominance of hospitals.
North America AI-based medical imaging market had the largest revenue, and it will maintain 
this trend in the future also. This has a lot to do with the high acceptance of cutting-edge 
technologies in the healthcare industry and the existence of major players. Furthermore, the 
rise in collaborations and partnerships amongst vendors, the substantial role of research 
organizations in developing AI-based medical imaging solutions, and the high funding in R&D 
and healthcare push the industry. The U.S. is the market leader because of the developed 
healthcare system, there are a lot of local and international players, and the improved 
reimbursement policies in the country.
There has been an increasing development of the healthcare sector, and because of this, the 
demand for AI-based medical imaging solutions is on the rise.
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