Market for artificial intelligence in imaging diagnostics will grow sevenfold by 2036
The value of the global market for AI technologies supporting imaging diagnostics is expected to rise from the current $2.58 billion to over $18 billion within the next decade. Growth is driven by a shortage of specialists and the automation of diagnostic processes.
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Sevenfold increase in market value
According to the latest report distributed by GlobeNewswire, the global market for AI-based solutions in medical imaging is expected to reach a value of $18.04 billion by 2036 (Market report predicts growth of AI-based medical imaging sector to $18 billion). This represents an increase from the current level of $2.58 billion, with a compound annual growth rate of 17.6 percent (Market report predicts growth of AI-based medical imaging sector to $18 billion).
Radiologist shortage as the main driver of change
As a key factor driving investments in AI technologies, the report highlights the shortage of qualified radiologists in the market (Market report predicts growth of AI-based medical imaging sector to $18 billion). Artificial intelligence is expected to assist doctors in their daily work by speeding up the analysis of diagnostic images and relieving specialists from the most time-consuming tasks.
Automation of diagnostic processes
Another significant area of development is the automation of reconstruction and segmentation processes in medical imaging (Market report predicts growth of AI-based medical imaging sector to $18 billion). AI algorithms can independently extract interesting anatomical structures from X-ray, CT, or MRI images, which shortens the time needed to prepare materials for evaluation by a physician.
What this means for patients
The development of AI technology in medical imaging may lead to shorter waiting times for test results and faster diagnoses. However, it is important to remember that artificial intelligence remains a tool supporting the work of the physician – the final diagnostic decision is always made by a specialist. If you have doubts about the results of an imaging study, it is always advisable to consult with your attending physician or radiologist, who can discuss the results in detail and explain their significance for further treatment.
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