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What Is the Current and Projected Market Size for Computer Vision in Healthcare?
The computer vision in healthcare market size has grown exponentially in recent years, advancing from $2.18 billion in 2024 to $3.18 billion in 2025 at a compound annual growth rate (CAGR) of 45.9%. The rapid growth in the historic period can be attributed to increased availability of healthcare data, regulatory support, enhanced processing power, and improved diagnostic accuracy.
According to forecasts, the computer vision market in healthcare is predicted to soar to $16.07 billion in 2029 at an impressive CAGR of 50.0%. The future growth is likely to be fueled by predictive analytics in radiology, global health crisis response, human-centric design, point-of-care imaging solutions, among other advancements. Key trends encompass medical imaging enhancement, disease detection and diagnosis, surgical assistance and robotics, and drug discovery development, marked by enhanced interoperability and systems integration.
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What Are the Key Drivers Behind the Exponential Growth of the Market?
The growth spur in the computer vision in healthcare market can be mainly linked to the adoption of AI-based technologies. Artificial intelligence enables machines to perform tasks previously only possible through human capabilities. For instance, technologies like natural language processing (NLP) allow computers to understand text and spoken words similarly to how humans would. The ACR Data Science Institute reveals that in July 2022, around 30% of radiologists utilized AI in their daily practices to boost the effectiveness of imaging processes, stressing AI’s vital role in bolstering the market’s growth.
How Is the Computer Vision in Healthcare Market Segmented?
1) By Product: Software, Hardware, Network, Memory
2) By Application: Medical Imaging & Diagnostics, Surgeries, Clinical Trials, Patient Management and Research
3) By End Users: Healthcare Providers, Diagnostic Centers
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Which Major Players Operate in the Computer Vision in Healthcare Market?
Prominent players in the computer vision in healthcare market include NVIDIA Corporation, International Business Machines Corporation (IBM), Alphabet Inc., Microsoft Corporation, and Intel Corporation among others.
What Are the Emerging Trends in the Computer Vision in Healthcare Market?
Introducing advanced validation software to accelerate the manufacturing of life-enhancing drugs and medical devices is a major trend among the key players. For example, Landing AI, a US-based computer vision cloud platform, launched the world’s first validation-ready computer vision software in March 2023 for FDA-regulated manufacturers.
Which Region Will Experience the Fastest Growth in the Market?
Europe dominated the computer vision in healthcare market in 2024, but North America is predicted to exhibit the fastest growth in the forecast period. Other regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
What Does The Computer Vision in Healthcare Market Report 2025 Offer?
Computer vision is a branch of artificial intelligence that uses algorithms for image processing to deliver accurate diagnoses faster than physicians. In healthcare, computing systems are employed to undertake complex tasks and reduce time constraints, enabling physicians to focus more on patient care. The Computer Vision in Healthcare Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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