Global Computer Vision in Healthcare Market Size, Share, Forecast Report, 2020-2027

The global Computer Vision in Healthcare market garnered revenue around USD XX Billion in 2019 and projected to reach USD XX Billion in 2027, with at a compound annual growth rate of 48% throughout the estimate period from 2020 to 2027.

The computer vision utilizes algorithms for processing images with the aim of making faster and more accurate diagnoses. Computer vision technique has been used in various surgery and diagnosis of various diseases such as cardiovascular disorders and cancer. The market for computer vision in healthcare is growing due to the increasing government initiatives to increase the adoption of AI-based technologies, increasing demand for computer vision systems in the healthcare industry, big data in healthcare, and the use of computer vision in precision medicine.

This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.

The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Computer Vision in Healthcare market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Computer Vision in Healthcare market growth.

The global Computer Vision in Healthcare market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.

Major manufacturers analysed under this study comprises:

• Microsoft (US)
• NVIDIA (US)
• Intel (US)
• Xilinx (US)
• IBM (US)
• Google (A Subsidiary of Alphabet, Inc.) (US)
• Basler AG (Germany)
• Arterys, Inc. (US)
• AiCure (US)
• iCAD, Inc. (US)

This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:

Segmentation

By Product & Service

• Software: In 2019, the software segment accounted for the largest share of the market due to the rising adoption of healthcare IT in hospitals. 

• Hardware: Hardware accounts for the second-largest share due to the rising need for AI-infused healthcare in precision medicine and also increasing initiatives by the government to increase awareness regarding healthcare IT.

• Services: Services held a significant share in 2019.

By Application

• Medical Imaging and Diagnostics: The medical imaging & diagnostics segment accounted for the largest share of the market in 2019. This segment is also projected to witness the highest growth during the forecast period. 

• Surgeries: Holds the largest market share due as computer vision has been used in various surgery and therapy of various diseases. 

• Others: Others include clinical trials, patient management, and research.

By End-User

• Healthcare providers: The healthcare providers segment accounted for the largest market share in 2019 and is projected to register the highest growth rate during the forecast period. 
• Diagnostic centers: Holds the largest market share due to the increasing older population and the ability of Computer Vision in Healthcare in the diagnosis of coronary artery disease and cancer.
• Others: Others include specialty centers and ambulatory surgical centers segment.

Regional Analysis and Forecast

Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • U.K.
  • Italy
  • France
  • Rest of EU
• Asia Pacific
  • China
  • India
  • Japan
  • Southeast Asia
  • Rest of APAC
• Central & South America
  • Brazil
  • Argentina
  • Rest of Central & South America
• Middle East and Africa
  • UAE
  • Saudi Arabia
  • Rest of MEA