Global AI-powered Computed Tomography Diagnostic Imaging Market Research Report Segmented By Type (Low Slice, Medium Slice, High Slice); Solution (Software Tools/Platforms, Services); Technology (Deep Learning, Computer Vision, Others); Application (Oncology, Neurology, Cardiovascular, Musculoskeletal, Others); End User (Hospitals, Clinics, Diagnostic Centres, R&D Centres, Others); and Region - Size, Share, Growth Analysis | Forecast (2024 2030)

Market Size and Overview:

In 2023, the Global AI-powered Computed Tomography Diagnostic Imaging Market was valued at USD 1.89 billion and is projected to reach a market size of USD 9.23 billion by 2030. Over the forecast period of 2024-2030, the market is projected to grow at a CAGR of 25.4%.

Market Overview:

The field of medical diagnostic imaging has undergone a profound transformation through the integration of artificial intelligence (AI), offering medical professionals enhanced diagnostic precision and streamlined treatment planning. AI technology has paved the way for a novel approach to disease diagnosis and the assessment of medical images. The synergy of AI and the Internet of Things (IoT) has advanced clinical trial outcomes and ushered in next-generation diagnostic methodologies. The advent of new AI software, coupled with its integration for routine diagnoses, promises heightened accuracy and precision. It assists physicians in executing image-capturing procedures and supports the personalized treatment of each patient through image analysis. Researchers have successfully employed AI to automatically identify intricate patterns and provide quantitative evaluations. Furthermore, AI serves as a pivotal force in efficiently processing a large volume of medical images, unveiling disease symptoms that might be challenging to discern under normal circumstances. Consequently, the AI-powered Computed Tomography Diagnostic Imaging market is poised for growth in the forecast period.

Impact of COVID-19 on the Global AI-powered Computed Tomography Diagnostic Imaging Market:

The global outbreak of the coronavirus since late 2019 has significantly impacted various sectors, including medical imaging. The successful application of AI, particularly employing deep learning technology, in medical imaging has proven effective in extracting features from extensive datasets. This application has been predominantly utilized for identifying and differentiating bacterial and viral pneumonia. Efforts have been directed toward recognizing and diagnosing various imaging features of chest CT, leading to increased popularity of the AI-powered Computed Tomography Diagnostic Imaging market during the pandemic. The surge in COVID-19 cases worldwide, coupled with emerging AI technologies, has heightened the demand for AI imaging and telehealth, facilitating remote access to images and reports. This underscores the imperative to expand the utilization of AI and machine learning in imaging security with the aim of improvement.

Global AI-powered Computed Tomography Diagnostic Imaging Market Drivers:

Increasing Adoption of AI by Doctors and Medical Professionals Boosts Market Growth:

The growing acknowledgment of the advantages presented by AI technologies, along with their widespread applications, has prompted doctors and medical professionals to increasingly embrace AI in healthcare. Key players in the medical imaging sector are forging collaborations with leading AI technology providers to innovate AI-based solutions for healthcare applications. These collaborations yield advanced and lucrative solutions, solidifying the market presence of these entities. The escalating demand for AI-based techniques propels companies to develop more advanced products and technologies, creating fresh opportunities in the AI-powered CT diagnostic imaging market.

Surge in Healthcare Sector Investments to Propel the Global AI-powered Computed Tomography Diagnostic Imaging Market:

The rising awareness of the benefits offered by AI technologies in healthcare has resulted in a substantial surge in their adoption for medical purposes, thereby fostering the growth of the AI-powered Computed Tomography diagnostic imaging market. Healthcare facilities and hospitals are increasingly opting for artificial intelligence as an efficient solution for clinical use. Major companies in the AI medical imaging market are making significant investments in AI technologies to harness their potential. Collaborations between companies and researchers aim to create effective AI-based platforms.

Global AI-powered Computed Tomography Diagnostic Imaging Market Challenges:

Lack of Awareness in Underdeveloped and Developing Countries Hampers Market Growth:

The market's growth is impeded in developing nations and some underdeveloped countries due to lower health awareness levels. In these regions, many individuals neglect regular health check-ups, and there is limited awareness of mild pains and associated complications. Additionally, advanced technologies such as AI and machine learning require expert personnel, and the scarcity of a skilled workforce in these regions poses a challenge for market players, limiting the scope and hindering the growth of the AI-powered computed tomography diagnostic imaging devices market.

Global AI-powered Computed Tomography Diagnostic Imaging Market Segmentation:

Global AI-powered Computed Tomography Diagnostic Imaging Market Segmentation: By Type:

• Low Slice
• Medium Slice
• High Slice

Low Slice Medium Slice High Slice The AI-powered computed tomography diagnostic imaging market has been categorized into three segments based on type – Low Slice, Medium Slice, and High Slice.

The High Slice, exceeding 64 slices, segment dominates the market, representing the majority of revenue share at over 34.8% in 2023. The primary driving factor for this segment is the increasing demand for accurate diagnostic imaging solutions. Moreover, it emits 80% less radiation compared to mid-end slice technology with 64 slices, while also providing detailed images of obese patients.

Global AI-powered Computed Tomography Diagnostic Imaging Market Segmentation:  By Solution:

• Software Tools/Platforms
• Services:
• Integration
• Deployment

Software Tools/Platforms Services: Integration Deployment The AI-powered computed tomography diagnostic imaging market has been divided into two segments based on solution – Software Tools/Platforms and Services. The Services segment is further segmented into two parts – Integration and Deployment.

Global AI-powered Computed Tomography Diagnostic Imaging Market Segmentation: By Technology:

• Deep Learning
• Computer Vision
• Others

Deep Learning Computer Vision Others Based on technology, the AI-powered computed tomography diagnostic imaging market has been segmented into three categories – Deep Learning, Computer Vision, and Others.

Global AI-powered Computed Tomography Diagnostic Imaging Market Segmentation: By Application:

• Oncology
• Neurology
• Cardiovascular
• Musculoskeletal
• Others

Oncology Neurology Cardiovascular Musculoskeletal Others The AI-powered computed tomography diagnostic imaging market has been segmented into five application categories – Oncology, Neurology, Cardiovascular, Musculoskeletal, and Others.

Global AI-powered Computed Tomography Diagnostic Imaging Market Segmentation: By End User:

• Hospitals
• Clinics
• Diagnostic Centres
• R&D Centres
• Others

Hospitals Clinics Diagnostic Centres R&D Centres Others The AI-powered Computed Tomography Diagnostic Imaging Market has been categorized into five end-user segments – Hospitals, Clinics, Diagnostic Centres, R&D Centres, and Others. The Clinics segment holds dominance, securing the largest revenue share of approximately 19% in the AI-powered CT diagnostic imaging market in 2023. Clinics are increasingly adopting advanced technologies such as AI algorithms, machine learning algorithms, and IoT to streamline workflow. AI-powered image analytics assists clinics in reducing scan time, leading to operational efficiency improvements and cost savings for healthcare providers.

AI-powered Computed Tomography Diagnostic Imaging Market – By Region:

• North America
• Europe
• Asia-Pacific
• South America
• Middle-East and Africa

North America Europe Asia-Pacific South America Middle-East and Africa the AI-powered Computed Tomography Diagnostic Imaging Market has been segmented into five major regions – North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. North America holds the largest market share, surpassing 38.12% in 2023, and is anticipated to maintain its dominance in the coming years. The presence of a significant number of market key players and the increasing incidence rate of diseases are major drivers propelling market growth in the region. The Asia-Pacific AI-powered CT diagnostic imaging market accounts for over 23% of the business share in 2023 and is expected to grow substantially over the forecast timeline. The healthcare sector in the region is undergoing robust technological transformation, and the increasing disposable income in economies like India, China, and Japan is likely to provide lucrative business opportunities for new market entrants in the future.

Key Players:

• Agfa Healthcare
• Ada Health GmbH
• Arterys
• Bay Labs, Inc. (Caption Health Inc.)
• Babylon
• BenevolentAI
• Butterfly Network, Inc.
• EchoNous, Inc.
• Enlitic, Inc.
• Gauss Surgical
• GE Healthcare
• IBM Corporation
• Lunit Inc.
• Microsoft Corporation
• NVIDIA Corporation
• Philips Healthcare
• OrCam
• Qure.ai
• Siemens Healthineers AG
• Zebra Medical Vision