According to FutureWise analysis the market for AI-Enabled X-Ray Imaging Solutions in 2023 is US$ 0.16 billion, and is expected to reach US$ 0.62 billion by 2031 at a CAGR of 18.40%.
AI-enabled X-ray imaging solutions refer to integrating artificial intelligence (AI) technology into medical imaging, especially X-ray imaging. These solutions leverage machine learning algorithms and deep learning techniques to assist radiologists and healthcare professionals in interpreting and analyzing X-ray images. Radiology is a realm of medical science that uses radiation to generate medical imaging, e.g., X-ray, CT scans, MRI images, and ultrasound to identify abnormalities and tumors in the body. AI algorithms can automatically detect complex regulatory patterns in image data to provide a supportive diagnosis for patients. AI is becoming a significant constituent of many applications, including drug discovery, medical diagnostics and imaging, remote patient monitoring, virtual assistants, risk management, wearables, and hospital administration. Many fields with big data components, such as DNA and RNA sequencing data analysis, are also expected to benefit from AI.
Radiography was the first technique for which computer-aided approaches were developed in medical imaging. In 1963, Lodwick et al. described a coding system for a computer to subsequently determine the significance of imaging features on radiographs for determining lung cancer prognosis. The method of extracting defined features from each radiograph, such as the shape, density, and margin of lesions, paved the way for more sophisticated methods of computer-aided diagnosis in radiography. Since then, deep learning and machine learning method, which often uses neural networks composed of multiple layers to transform input data to outputs, has become the prevailing approach for medical image analysis, including analysis of radiographs.
FutureWise Market Research has published a report that provides an insightful AI-enabled x-ray imaging solutions market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry.
According to the analysis conducted by FutureWise research analysts, AI-enabled x-ray imaging solutions market is estimated to register a considerable growth rate over the forecast period. This report lists the market segments and potential prospects available across this industry, in addition providing crucial information on the total valuation currently held by the industry. Moreover, this report will assist key management individuals in an organisation to enhance their decisions pertaining to business expansion as well as strategic changes for increasing customer base.