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At what pace is the generative artificial intelligence (ai) in medical imaging market growing, and what is its estimated value?
The generative artificial intelligence (AI) in medical imaging market size has grown exponentially in recent years. It will grow from $1.39 billion in 2024 to $1.87 billion in 2025 at a compound annual growth rate (CAGR) of 34.4%. The growth in the historic period can be attributed to telemedicine growth, growth in healthcare, a shift towards patient-centered care models, increasing demand for accurate diagnostics, and government initiatives and funding.
The generative artificial intelligence (AI) in medical imaging market size is expected to see exponential growth in the next few years. It will grow to $6.06 billion in 2029 at a compound annual growth rate (CAGR) of 34.1%. The growth in the forecast period can be attributed to increasing awareness about healthcare, increasing investment and collaboration, increasing regulatory support, increasing data augmentation capabilities, and increasing volume of medical imaging data. Major trends in the forecast period include multi-modal integration, enhanced diagnostic accuracy, real-time image enhancement, enhanced 3D visualization, and integration with electronic health records (EHRs).
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What are the top drivers to the rising demand in the generative artificial intelligence (ai) in medical imaging market?
The increasing prevalence of chronic diseases is expected to propel the growth of generative artificial intelligence (AI) in the medical imaging market going forward. Chronic diseases are long-term health conditions that persist over time, often for the rest of a person’s life. The increasing prevalence of chronic diseases is due to factors such as lifestyle choices such as poor diet, physical inactivity, and environmental exposures. Generative AI in medical imaging helps with chronic diseases by enhancing early detection, improving diagnostic accuracy, and personalizing treatment plans through advanced analysis and synthesis of complex imaging data. For instance, in September 2022, according to the World Health Organization, a Switzerland-based agency responsible for international public health, there were around 4.1 million deaths related to chronic respiratory diseases annually. Therefore, the increasing prevalence of chronic diseases drives the growth of generative artificial intelligence (AI) in the medical imaging market.
How is the generative artificial intelligence (ai) in medical imaging market segmented?
The generative artificial intelligence (AI) in medical imaging market covered in this report is segmented –
1) By Type: Generative Adversarial Networks (GANs); Variational Autoencoders (VAEs); Other Types
2) By Imaging: Modality; Magnetic Resonance Imaging (MRI); Computed Tomography (CT); X-Ray; Ultrasound; Other Modalities
3) By Application: Diagnosis; Image Reconstruction; Image Enhancement; Disease Progression Monitoring; Other Applications
4) By End-User: Hospitals; Diagnostic Centers; Research Institutes; Other End-Users
Subsegments:
1) By Generative Adversarial Networks (GANs): Image Synthesis And Reconstruction; Data Augmentation For Training Models; Image Super-Resolution; Denoising And Artifact Removal In Medical Images
2) By Variational Autoencoders (VAEs): Anomaly Detection In Medical Imaging; Latent Space Representation For Medical Image Analysis; Data Compression And Reconstruction; Multimodal Medical Image Synthesis
3) By Other Types: Deep Convolutional Networks For Imaging; Transformer Networks In Medical Imaging; Hybrid Models; Reinforcement Learning In Image Diagnostics
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Who are the top competitors in the generative artificial intelligence (ai) in medical imaging market?
Major companies operating in the generative artificial intelligence (AI) in medical imaging market areGoogle LLC, Siemens AG, NVIDIA Corporation, Philips Healthcare, GE Healthcare, VSP Global, HOPPR.AI, Successive Technologies Inc., Canon Medical Systems Corporation, Aidoc Inc., Viz.ai Inc., Qure.ai Technologies Pvt. Ltd., Yellow.ai, XenonStack Inc., Arterys Inc., Quantib B.V., Niramai Health Analytix Pvt Ltd., Kheiron Medical Technologies Ltd., QSS Technosoft Inc., Subtle Medical Inc., Enlitic Inc
What significant trends should we anticipate in the generative artificial intelligence (ai) in medical imaging market over the forecast period?
Major companies operating in the generative artificial intelligence (AI) in medical imaging market are developing generative AI tools for medical imaging with the help of collaborations to enhance diagnostic accuracy, streamline workflows, and accelerate research and development. Generative AI tools for medical imaging refer to advanced algorithms that use machine learning techniques, particularly deep learning and generative models, to create, enhance, or interpret medical images. For instance, in February 2024, HOPPR, a US-based developer of AI imaging models, unveiled a groundbreaking foundation model named Grace, developed in collaboration with Amazon Web Services (AWS), a US-based cloud computing company. Grace is a generative AI foundation model designed to enhance medical imaging by accelerating development, analyzing a wide range of grayscale shades, and supporting multi-modal learning through an accessible application programming interface (API). The model’s API access enables easy integration into a variety of applications, with the potential to alter radiology workflows and improve patient outcomes. Grace’s deeper insights into medical imaging will help clinicians make more educated judgments, potentially leading to earlier interventions and improved treatment outcomes.
Which regional trends are influencing the generative artificial intelligence (ai) in medical imaging market, and which area dominates the industry?
North America was the largest region in the generative artificial intelligence (AI) in medical imaging market in 2024. The regions covered in the generative artificial intelligence (AI) in medical imaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Generative Artificial Intelligence (AI) In Medical Imaging Market Report 2025 Offer?
The generative artificial intelligence (ai) in medical imaging market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Generative artificial intelligence (AI) in medical imaging refers to the use of artificial intelligence, particularly deep learning algorithms, to generate, enhance, or simulate medical images. These AI models, often based on techniques such as generative adversarial networks (GANs) or variational autoencoders (VAEs), have the capability to create new data that mimics real-world medical images, as well as improve the quality of existing imaging data. The primary purpose of generative AI in medical imaging is to enhance the accuracy, efficiency, and capabilities of imaging technologies in healthcare.
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