AI in Medical Imaging to Reach $1.5 Billion by 2024

Dr Sanjay M Parekh headshot
Dr Sanjay M Parekh
Published: September 9, 2020 In The News

09th September 2020 – Written by Sanjay. M Parekh, PhD – Featured on HealthTech Hotspot – The world market for AI-based clinical applications for use in medical imaging is set to reach almost $1.5 billion by 2024 despite a slower-than-expected uptake of these products and the impact of the COVID-19 pandemic. This is according to a new report from Signify Research, an independent supplier of market intelligence and consultancy to the global healthcare technology industry. The market growth is projected to accelerate as the pandemic subsides and customer confidence in AI-based clinical solutions increases, with a peak annual growth rate of 44% forecast for 2022.