Computer Vision in Healthcare Market Highlights
Computer vision is utilized in diagnosis of various diseases and surgeries. Computer vision operates with the help of algorithms for processing images with the aim of making faster and more accurate diagnoses.
Computer Vision in Healthcare Market Overview and Analysis by product service, application, and end user – forecast to 2028. According to MRFR analysis, the Computer Vision in Healthcare Market is anticipated to grow at a significant rate of 45.20%. Furthermore, the market value is further evaluated to increase up to USD 575.4 Million in the studied forecast period 2022-2030.
Computer vision can improve both speed and accuracy when analyzing medical imaging: recognizing hidden patterns and making diagnoses with fewer errors than human professionals. A study in Nature found that visual AI systems were more accurate than human radiologists when analyzing mammograms for signs of breast cancer, reducing both false positives and false negatives.
However, the lack of awareness and technical knowledge is likely to hamper the growth of the global computer vision in the healthcare market during the forecast period.
Regional Analysis
Global Computer Vision in Healthcare Market has been segmented by region, into the Americas, Europe, Asia-Pacific, and the Middle East Africa.
The Americas has been segmented into North America and Latin America, with the North American market being divided into the US and Canada. The Americas is projected to hold the largest market share owing to the increasing number of patients affected with cardiovascular disorders, increasing applications of computer vision, and the growing presence of major market players.
The European Computer Vision in Healthcare market has been categorized as Western Europe and Eastern Europe. The Western European market has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The Computer Vision in Healthcare market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. Due to the rising geriatric population and the strategic development by major players boosts the demand for Computer Vision in Healthcare in this region. The Computer Vision in Healthcare market in the Middle East Africa has been divided into the Middle East and Africa.
Segmentation
Global Computer Vision in Healthcare Market has been segmented based on Product Service, Application, and End User.
The market based on product service has been divided into hardware, software, and services. Hardware is further segmented into processors, memory devices, and networks. Software is further sub-segmented into cloud-based and on-premises. The market based on application is segmented into medical imaging and diagnostics, surgeries, other applications
The end-user segment of the market consists of healthcare providers, diagnostic centers, and other end users
Computer Vision in Healthcare Market Players
The Global Computer Vision in Healthcare Market Players are Microsoft (US), NVIDIA (US), Intel (US), Xilinx (US), IBM (US), Google (A Subsidiary of Alphabet, Inc.) (US), Basler AG (Germany), Arterys, Inc. (US), AiCure (US), iCAD, Inc. (US) among others.
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