The Asia Pacific Computer Vision In Healthcare Market would witness market growth of 38.5% CAGR during the forecast period (2023-2030).
Beyond diagnostics, computer vision is pivotal in streamlining patient care and monitoring. In the hospital setting, computer vision systems can be deployed to monitor patient activities and vital signs, enhancing patient safety and improving the efficiency of healthcare delivery. For instance, they can detect falls, assess wound healing progress, and even provide early warning signs of patient deterioration. This ensures prompt interventions and alleviates the strain on healthcare personnel, enabling them to focus on more complex and critical tasks.
Medical professionals can use computer vision technology to analyze health and fitness metrics, enabling patients to make more rapid and informed medical decisions. Modern healthcare facilities use computer vision to measure blood loss during operations, particularly in C-sections. When the amount of blood lost reaches critical levels, this capability is essential for quick intervention in emergencies. Additionally, using images taken by common cameras, computer vision can determine one's body fat percentage. This technology's many applications highlight its potential to improve clinical judgment and contribute to thorough healthcare evaluations.
Southeast Asian countries often face the challenge of vector-borne diseases such as dengue fever. Computer vision is employed to monitor and control the mosquito population. Smart traps equipped with cameras and computer vision technology can identify the species and quantity of trapped mosquitoes, aiding in targeted control efforts. Moreover, computer vision is employed in countries like China for food safety monitoring. It can detect food contaminants, assess food quality, and monitor hygiene practices in food production and distribution, helping to prevent foodborne illnesses.
Additionally, there is a growing need for healthcare cost-saving strategies, and the number of patients is growing as a result of the rise in chronic diseases. The central government of China spent over CNY 10 billion (USD 1.5 billion), or USD 19.6 billion, on "health informatization"—the application of information technology to enhance healthcare—throughout 2016–2020, according to the study titled "China's data-driven imagine overhauling health care," published in Nature in October 2021. As a result, rising healthcare spending and a drive for lower healthcare prices are projected to foster market expansion.
The China market dominated the Asia Pacific Computer Vision In Healthcare Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,108.9 Million by 2030. The Japan market is registering a CAGR of 37.6% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 39.4% during (2023 - 2030).
Based on Application, the market is segmented into Medical Imaging & Diagnostics, Surgeries, Patient Management & Research, and Others. Based on End-use, the market is segmented into Healthcare Providers, Diagnostic Centers, Academic Research Institutes, and Others. Based on Component, the market is segmented into Hardware, Software, and Services. Based on Product Type, the market is segmented into Smart Cameras-based Computer Vision Systems, and PC-based Computer Vision Systems. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Global Computer Vision In Healthcare Market is Predict to reach $15.2 Billion by 2030, at a CAGR of 37.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include NVIDIA Corporation, Microsoft Corporation, Intel Corporation, IBM Corporation, Google LLC, iCAD Inc., Basler AG, Arterys Inc. (Tempus Labs, Inc.), AiCure, LLC, and Xilinx, Inc. (Advanced Micro Devices, Inc.).
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