Life Science

Computer Vision in Healthcare Market Analysis and Global Forecast 2023-2033

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Computer Vision in Healthcare Market Research Report: Information By Product & Service (Hardware, Software, Services), By Application (Medical Imaging and Diagnostics, Surgeries, Others), By End User (Healthcare providers, Diagnostic centers, Others), and by Region — Forecast till 2033

Page: 112

Report Published on: October 28, 2024
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Description

Computer Vision in Healthcare Market Overview

The Computer Vision in Healthcare Market Size is expected to reach USD 21.36 Billion by 2033. The Computer Vision in Healthcare Market industry size accounted for USD 3.95 Billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 34.21% from 2023 to 2033. The Computer Vision in Healthcare Market refers to the industry segment focused on the development and application of computer vision technologies within the healthcare sector. Computer vision is a field of artificial intelligence (AI) that enables machines to interpret and process visual information from the world, similar to how humans use their eyesight. In healthcare, this technology is utilized to analyze medical images, enhance diagnostic accuracy, and improve patient care.

The Computer Vision in Healthcare Market is expected to experience significant growth, driven by technological advancements, increased investment in healthcare AI, and a growing focus on improving patient outcomes through innovative solutions.

Global Computer Vision in Healthcare Market Synopsis

Computer Vision in Healthcare MarketCOVID-19 Impact Analysis

The COVID-19 pandemic has significantly impacted the Computer Vision in Healthcare Market. The pandemic accelerated the adoption of telehealth and remote monitoring solutions. Computer vision technology has been integrated into these platforms to enable remote diagnosis and patient monitoring, reducing the need for in-person visits. During COVID-19, there was an increased demand for diagnostic tools that could quickly and accurately identify the virus in patients. Computer vision was used to analyze lung scans and detect COVID-19-related pneumonia, improving diagnostic speed and accuracy. The pandemic spurred innovation in AI and machine learning, leading to the development of more sophisticated computer vision algorithms. These advancements enhanced the accuracy of image analysis and broadened the range of applications in healthcare. The pandemic highlighted the importance of advanced technologies in healthcare, leading to sustained interest and investment in computer vision solutions beyond the COVID-19 crisis. There is a growing trend toward integrating computer vision with broader healthcare systems, including electronic health records (EHRs) and other AI-driven tools, to enhance overall healthcare delivery.

Computer Vision in Healthcare Market Dynamics

The major factors that have impacted the growth of Computer Vision in Healthcare Market are as follows:

Drivers:

Ø  Advancements in AI and Machine Learning

Continuous advancements in AI and machine learning have enhanced the accuracy and efficiency of computer vision algorithms, making them more reliable for medical applications. The development of deep learning models has significantly improved image recognition and analysis, enabling more precise diagnostics. Advances in imaging technologies, such as high-resolution imaging and 3D imaging, enhance the capabilities of computer vision systems in healthcare. The integration of sensors with computer vision systems allows for real-time data collection and analysis, improving patient monitoring and diagnostics. There is a growing trend of investment in AI-driven healthcare solutions, with significant funding directed toward the development of computer vision technologies.

Restraint:

  • Perception of High Implementation Costs and Technical Challenges

The cost of implementing computer vision systems, including hardware, software, and training, can be prohibitive for smaller healthcare providers. Continuous maintenance and updates required for AI systems can add to the overall cost, impacting affordability. The effectiveness of computer vision algorithms depends on high-quality, annotated data, which may not always be available or accessible. AI algorithms can exhibit bias if trained on non-representative data, potentially leading to inaccurate diagnostics or treatment recommendations.

Opportunity

⮚      Enhanced Diagnostic Accuracy

Computer vision technologies can significantly improve the early detection of diseases by analyzing medical images with greater precision, potentially leading to earlier intervention and better patient outcomes. Advanced algorithms can assist in analyzing complex medical images, helping to identify subtle abnormalities that may be missed by human eyes. Computer vision can aid in creating personalized treatment plans by analyzing individual patient data and imaging results, leading to more targeted and effective therapies. Leveraging computer vision for predictive analytics can help anticipate patient needs and tailor interventions based on individual health conditions.

Computer Vision in Healthcare Market Segment Overview

By Product and Service

Computer Vision in Healthcare Market Product And Service AnalysisBased on Product and Service, the market is segmented based on Hardware, Software and Services. The software segment dominant the market. Software segments play a crucial role in powering computer vision algorithms, image processing, and data analysis for various types of applications. Healthcare providers are increasingly relying on software platforms to analyze the images, aid in diagnostics, and optimize patient care workflows. Merging AI into healthcare software will mark operational challenges and improve the competitive edge for healthcare workers, boosting significant growth in the market.

By Application

Based on Application, the market segment has been divided into Medical Imaging and Diagnostics, Surgeries and Others. The medical imaging systems segment dominant the market, due to various advantages such as quality, accuracy, early detection. Along with that, surgeries segment is also anticipated to comprise a significant share in the upcoming years. It is because computer vision is used for the therapy as well as surgery of a wide range of diseases.

By End User

Based on End User, the market segment has been divided into Healthcare providers, Diagnostic centers and Others. The healthcare provider segment dominant the market. This growth is due to healthcare providers progressively and providers significantly using computer vision for diagnostic imaging and pathology.  AI and innovative technologies to improve patient care and smooth operational processes. Healthcare providers significantly help with computer vision for diagnostic pathology. Computer vision algorithms help in analyzing medical images, pathology slides, and other diagnostics, supporting healthcare professionals in making more precise and early diagnoses.

Global Computer Vision in Healthcare Market Regional Analysis

Based on region, the global Computer Vision in Healthcare Market has been divided into North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. North America is projected to dominate the use of the Computer Vision in Healthcare Market followed by the Asia-Pacific and Europe regions.

Global Computer Vision in Healthcare Market Regional AnalysisGlobal Computer Vision in Healthcare North America Market

North America holds a dominant position in the Computer Vision in Healthcare Market. North America, particularly the United States and Canada, is a leading region in the adoption of computer vision technologies in healthcare. The region benefits from advanced healthcare infrastructure, high investment in research and development, and strong support for digital health innovations. High prevalence of chronic diseases, significant healthcare expenditures, and a large number of healthcare technology companies contribute to market growth. Favorable regulatory environments and government initiatives also support the adoption of AI and computer vision technologies.

Global Computer Vision in Healthcare Asia-Pacific Market

The Asia-Pacific region has indeed emerged as the fastest-growing market for the Computer Vision in Healthcare Market industry. The Asia-Pacific region is rapidly emerging as a key market for computer vision in healthcare, with substantial growth potential in countries like China, India, Japan, and South Korea. Increasing healthcare investments, rising healthcare needs due to large and growing populations, and a surge in technological innovation are driving market expansion. Governments are also investing in digital health technologies to improve healthcare access and quality.

Competitive Landscape

The global Computer Vision in Healthcare Market is highly competitive, with numerous players offering a wide range of software solutions. The competitive landscape is characterized by the presence of established companies, as well as emerging startups and niche players. To increase their market position and attract a wide consumer base, the businesses are employing various strategies, such as product launches, and strategic alliances.

Prominent Players:

  • Microsoft
  • NVIDIA
  • Intel
  • Xilinx
  • IBM
  • Google
  • Basler AG
  • Arterys Inc.
  • AiCure
  • iCAD Inc.

Key Development

In February 2022, Advanced Micro Devices adopted Xilinx. This acquisition launched the frontline leader in high-performance and compatible computing with a crucially expanded scale and the most terrifying portfolio of leadership computing, graphics, and adaptive SoC products in the industry.

Scope of the Report

Global Computer Vision in Healthcare Market, by Product and Service
  • Hardware
  • Software
  • Services
Global Computer Vision in Healthcare Market, by Application
  • Medical Imaging and Diagnostics
  • Surgeries
  • Others

Global Computer Vision in Healthcare Market, by End User

  • Healthcare providers
  • Diagnostic centers
  • Others
Global Computer Vision in Healthcare Market, by Region
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Benelux
    • Nordic
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • Indonesia
    • Austalia
    • Malaysia
    • India
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • South Africa
    • Rest of Middle East & Africa

 

Parameters Indicators
Market Size 2033: $21.36 Billion
CAGR 34.21% CAGR (2023-2033)
Base year 2022
Forecast Period 2023-2033
Historical Data 2021
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Key Segmentations Product and Service, Application, End User
Geographies Covered North America, Europe, Asia-Pacific, Latin America, Middle East, Africa
Key Vendors Microsoft, NVIDIA, Intel, Xilinx, IBM, Google, Basler AG, Arterys Inc., AiCure and iCAD Inc
Key Market Opportunities • Enhanced Diagnostic Accuracy
• Advancements in Personalized Medicine
Key Market Drivers • Advancements in AI and Machine Learning
• Improved Imaging Techniques and Sensor Integration

 

REPORT CONTENT BRIEF:

  • High-level analysis of the current and future Computer Vision in Healthcare Market trends and opportunities
  • Detailed analysis of current market drivers, restraining factors, and opportunities in the future
  • Computer Vision in Healthcare Market historical market size for the year 2021, and forecast from 2023 to 2033
  • Computer Vision in Healthcare Market share analysis at each product level
  • Competitor analysis with detailed insight into its product segment, Government & Defense strength, and strategies adopted.
  • Identifies key strategies adopted including product launches and developments, mergers and acquisitions, joint ventures, collaborations, and partnerships as well as funding taken and investment done, among others.
  • To identify and understand the various factors involved in the global Computer Vision in Healthcare Market affected by the pandemic
  • To provide a detailed insight into the major companies operating in the market. The profiling will include the Government & Defense health of the company’s past 2-3 years with segmental and regional revenue breakup, product offering, recent developments, SWOT analysis, and key strategies.

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Frequently Asked Questions (FAQ)

The global Computer Vision in Healthcare Market is growing at a CAGR of 34.21% over the next 10 years

Asia Pacific is expected to register the highest CAGR during 2023-2033

North America holds the largest share in 2022

Microsoft, NVIDIA, Intel, Xilinx, IBM, Google, Basler AG, Arterys Inc., AiCure and iCAD Inc are the major companies operating in the market

Yes, we offer 16 hours of analyst support to solve the queries

Yes, we provide regional as well as country-level reports. Other than this we also provide a sectional report. Please get in contact with our sales representatives

Table of Content

Table of Content

Chapter 1.   Executive Summary

 

Chapter 2.   Scope of The Study

                     2.1.   Market Definition

                     2.2.   Scope of The Study

                               2.2.1.   Objectives of Report

 

Chapter 3.   Evolve BI Methodology

 

Chapter 4.   Market Insights and Trends

                     4.1.   Supply/ Value Chain Analysis

                     4.2.   Porter’s Five Forces Analysis

                               4.2.1.   Threat of New Entrants

                               4.2.2.   Bargaining Power of Buyers

                               4.2.3.   Bargaining Power of Suppliers

                               4.2.4.   Threat of Substitutes

                               4.2.5.   Industry Rivalry

                     4.3.   Impact of COVID-19 on Computer Vision in Healthcare Market

                               4.3.1.   Impact on Market Size

                               4.3.2.   End User Trend, Preferences and Budget Impact

                               4.3.3.   Regulatory Framework/Government Policies

                               4.3.4.   Key Players Strategy to Tackle Negative Impact

                               4.3.5.   Opportunity Window

 

Chapter 5.   Market Dynamics

                     5.1.   Introduction

                     5.2.   DRO Analysis

                               5.2.1.   Drivers

                               5.2.2.   Restraints

                               5.2.3.   Opportunities

 

Chapter 6.   Global Computer Vision in Healthcare Market, By Product & Service

                     6.1.   Introduction

                     6.2.   Hardware

                     6.3.   Software

                     6.3.   Services

 

Chapter 7.   Global Computer Vision in Healthcare Market, By Application

                     7.1.   Introduction

                     7.2.   Medical Imaging and Diagnostics

                     7.3.   Surgeries

                     7.4.   Others

 

Chapter 8.   Global Computer Vision in Healthcare Market, By End User

                     8.1.   Introduction

                     8.2.   Healthcare providers

                     8.3.   Diagnostic centers

                     8.4.   Other

 

Chapter 9.   Global Computer Vision in Healthcare Market, By Region

                     9.1.   Introduction

                     9.2.   North America

                               9.2.1.   Introduction

                               9.2.2.   Driving Factors, Opportunity Analyzed and Key Trends

                               9.2.3.   Market Size and Forecast, By Country, 2020 - 2028

                               9.2.4.   Market Size and Forecast, By Product & Service, 2020 - 2028

                               9.2.5.   Market Size and Forecast, By Application, 2020 – 2028

                               9.2.6.   Market Size and Forecast, By Other, 2020 – 2028

                               9.2.7.   US

                                              9.2.7.1.   Introduction

                                              9.2.7.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.2.7.3.   Market Size and Forecast, By Product & Service, 2020 - 2028

                                              9.2.7.4.   Market Size and Forecast, By Application, 2020 – 2028

                                              9.2.7.5.   Market Size and Forecast, By Other, 2020 - 2028

                               9.2.8.   Canada

                                              9.2.8.1.   Introduction

                                              9.2.8.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.2.8.4.   Market Size and Forecast, By Product & Service, 2020 - 2028

                                              9.2.8.5.   Market Size and Forecast, By Application, 2020 – 2028

                                              9.2.8.6.   Market Size and Forecast, By Other, 2020 - 2028

                     9.3.   Europe

                               9.3.1.   Introduction

                               9.3.2.   Driving Factors, Opportunity Analyzed and Key Trends

                               9.3.3.   Market Size and Forecast, By Country, 2020 - 2028

                               9.3.4.   Market Size and Forecast, By Product & Service, 2020 - 2028

                               9.3.5.   Market Size and Forecast, By Application, 2020 – 2028

                               9.3.6.   Market Size and Forecast, By Other, 2020 – 2028

                               9.3.7.   Germany

                                              9.3.7.1.   Introduction

                                              9.3.7.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.3.7.3.   Market Size and Forecast, By Product & Service, 2020 - 2028

                                              9.3.7.4.   Market Size and Forecast, By Application, 2020 – 2028

                                              9.3.7.5.   Market Size and Forecast, By Other, 2020 - 2028

                               9.3.8.   France

                                              9.3.8.1.   Introduction

                                              9.3.8.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.3.8.3.   Market Size and Forecast, By Product & Service, 2020 - 2028

                                              9.3.8.4.   Market Size and Forecast, By Application, 2020 – 2028

                                              9.3.8.5.   Market Size and Forecast, By Other, 2020 - 2028

                               9.3.9.   UK

                                              9.3.9.1.   Introduction

                                              9.3.9.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.3.9.3.   Market Size and Forecast, By Product & Service, 2020 - 2028

                                              9.3.9.4.   Market Size and Forecast, By Application, 2020 – 2028

                                              9.3.9.5.   Market Size and Forecast, By Other, 2020 - 2028

                               9.3.10.   Italy

                                              9.3.10.1.   Introduction

                                              9.3.10.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.3.10.3.   Market Size and Forecast, By Product & Service, 2020 - 2028

                                              9.3.10.4.   Market Size and Forecast, By Application, 2020 – 2028

                                              9.3.10.5.   Market Size and Forecast, By Other, 2020 - 2028

                               9.3.11.   Rest of Europe

                                              9.3.11.1.   Introduction

                                              9.3.11.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.3.11.3.   Market Size and Forecast, By Product & Service, 2020 - 2028

                                              9.3.11.4.   Market Size and Forecast, By Application, 2020 – 2028

                                              9.3.11.5.   Market Size and Forecast, By Other, 2020 - 2028

                     9.4.   Asia-Pacific

                               9.4.1.   Introduction

                               9.4.2.   Driving Factors, Opportunity Analyzed and Key Trends

                               9.4.3.   Market Size and Forecast, By Country, 2020 - 2028

                               9.4.4.   Market Size and Forecast, By Product & Service, 2020 - 2028

                               9.4.5.   Market Size and Forecast, By Application, 2020 – 2028

                               9.4.7.   Market Size and Forecast, By Other, 2020 - 2028

                               9.4.8.   China

                                              9.4.8.1.   Introduction

                                              9.4.8.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.4.8.3.   Market Size and Forecast, By Product & Service, 2020 - 2028

                                              9.4.8.4.   Market Size and Forecast, By Application, 2020 – 2028

                                              9.4.8.5.   Market Size and Forecast, By Other, 2020 - 2028

                               9.4.9.   India

                                              9.4.9.1.   Introduction

                                              9.4.9.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.4.9.3.   Market Size and Forecast, By Product & Service, 2020 - 2028

                                              9.4.9.4.   Market Size and Forecast, By Application, 2020 – 2028

                                              9.4.9.5.   Market Size and Forecast, By Other, 2020 - 2028

                               9.4.10.   Japan

                                              9.4.10.1.   Introduction

                                              9.4.10.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.4.10.3.   Market Size and Forecast, By Product & Service, 2020 - 2028

                                              9.4.10.4.   Market Size and Forecast, By Application, 2020 – 2028

                                              9.4.10.5.   Market Size and Forecast, By Other, 2020 - 2028

                               9.4.11.   South Korea

                                              9.4.11.1.   Introduction

                                              9.4.11.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.4.11.3.   Market Size and Forecast, By Product & Service, 2020 - 2028

                                              9.4.11.4.   Market Size and Forecast, By Application, 2020 – 2028

                                              9.4.11.5.   Market Size and Forecast, By Other, 2020 - 2028

                               9.4.12.   Rest of Asia-Pacific

                                              9.4.11.1.   Introduction

                                              9.4.12.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.4.12.3.   Market Size and Forecast, By Product & Service, 2020 - 2028

                                              9.4.12.4.   Market Size and Forecast, By Application, 2020 – 2028

                                              9.4.12.5.   Market Size and Forecast, By Other, 2020 - 2028

                     9.5.   Rest of The World (RoW)

                               9.5.1.   Introduction

                               9.5.2.   Driving Factors, Opportunity Analyzed and Key Trends

                               9.5.3.   Market Size and Forecast, By Product & Service, 2020 - 2028

                               9.5.4.   Market Size and Forecast, By Application, 2020 – 2028

                               9.5.5.   Market Size and Forecast, By Other, 2020 - 2028

                               9.5.6.   Market Size and Forecast, By Region, 2020 - 2028

                               9.5.7.   South America

                                              9.5.7.1.   Introduction

                                              9.5.7.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.5.7.3.   Market Size and Forecast, By Product & Service, 2020 - 2028

                                              9.5.7.4.   Market Size and Forecast, By Application, 2020 – 2028

                                              9.5.7.5.   Market Size and Forecast, By Other, 2020 - 2028

                               9.5.8.   Middle East & Africa

                                              9.5.8.1.   Introduction

                                              9.5.8.2.   Driving Factors, Opportunity Analyzed and Key Trends

                                              9.5.8.3.   Market Size and Forecast, By Product & Service, 2020 - 2028

                                              9.5.8.4.   Market Size and Forecast, By Application, 2020 – 2028

                                              9.5.8.5.   Market Size and Forecast, By Other, 2020 - 2028

 

Chapter 10.   Competitive Landscape

                     10.1.   Introduction

                     10.2.   Vendor Share Analysis, 2020/Key Players Positioning 2020

 

Chapter 11.   Company Profiles

                     11.1.   Microsoft

                               11.1.1.   Business Overview

                               11.1.2.   Financial Analysis

                               11.1.3.   Product Portfolio

                               11.1.4.   Recent Development and Strategies Adopted

                               11.1.5.   SWOT Analysis

                     11.2.   NVIDIA

                               11.2.1.   Business Overview

                               11.2.2.   Financial Analysis

                               11.2.3.   Product Portfolio

                               11.2.4.   Recent Development and Strategies Adopted

                               11.2.5.   SWOT Analysis

                     11.3.   Intel

                               11.3.1.   Business Overview

                               11.3.2.   Financial Analysis

                               11.3.3.   Product Portfolio

                               11.3.4.   Recent Development and Strategies Adopted

                               11.3.5.   SWOT Analysis

                     11.4.   Xilinx

                               11.4.1.   Business Overview

                               11.4.2.   Financial Analysis

                               11.4.3.   Product Portfolio

                               11.4.4.   Recent Development and Strategies Adopted

                               11.4.5.   SWOT Analysis

                     11.5.   IBM

                               11.5.1.   Business Overview

                               11.5.2.   Financial Analysis

                               11.5.3.   Product Portfolio

                               11.5.4.   Recent Development and Strategies Adopted

                               11.5.5.   SWOT Analysis

                     11.6.   Google

                               11.6.1.   Business Overview

                               11.6.2.   Financial Analysis

                               11.6.3.   Product Portfolio

                               11.6.4.   Recent Development and Strategies Adopted

                               11.6.5.   SWOT Analysis

                     11.7.   Basler AG

                               11.7.1.   Business Overview

                               11.7.2.   Financial Analysis

                               11.7.3.   Product Portfolio

                               11.7.4.   Recent Development and Strategies Adopted

                               11.7.5.   SWOT Analysis

                     11.8.   Arterys, Inc.

                               11.8.1.   Business Overview

                               11.8.2.   Financial Analysis

                               11.8.3.   Product Portfolio

                               11.8.4.   Recent Development and Strategies Adopted

                               11.8.5.   SWOT Analysis

                     11.9.   AiCure

                               11.9.1.   Business Overview

                               11.9.2.   Financial Analysis

                               11.9.3.   Product Portfolio

                               11.9.4.   Recent Development and Strategies Adopted

                               11.9.5.   SWOT Analysis

                     11.10.   iCAD, Inc.

                               11.10.1.   Business Overview

                               11.10.2.   Financial Analysis

                               11.10.3.   Product Portfolio

                               11.9.4.   Recent Development and Strategies Adopted

                               11.9.5.   SWOT Analysis

 

Chapter 12.   Key Takeaways

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$ 5,520.00
$ 1,390.00

Topical Pain Relief Market Analysis and Global Forecast 2023-2033

$ 1,390.00 – $ 5,520.00

Topical Pain Relief Market Research Report: Information By Type (Prescription Pain Relief, Over-the-counter (OTC) Pain Relief), By Therapeutic Class (Non-opioids, Opioids), By Sales Channel (Pharmacy & Drug Store, e-Commerce, Retail & Grocery Store), and by Region — Forecast till 2033

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