AI-Powered Diagnostics: The Rise of Medical Image Analysis Software
The global medical image analysis software market size was estimated at USD 3.27 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 7.8% from 2024 to 2030. An upsurge in the need for diagnostic imaging software within various medical specialties, including dental, urology, orthopedics, oncology, and neurology is expected to drive market growth. Furthermore, the increasing adoption of ultrasound imaging systems to facilitate faster diagnosis of chronic disease is projected to fuel this software demand. Moreover, continuous innovations in imaging technology, including developments like Computer-Aided Diagnosis (CAD), are anticipated to further boost the demand for these solutions. The integration of Artificial Intelligence (AI) into medical imaging has reshaped market dynamics in recent times and is expected to have a positive impact on market growth over the forecast period. The AI-based solutions have various applicatio...