The Latin America, Middle East and Africa AI In Medical Imaging Market would witness market growth of 35.5% CAGR during the forecast period (2023-2030).
The Brazil market dominated the LAMEA AI In Medical Imaging Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $208.9 million by 2030. The Argentina market is showcasing a CAGR of 36.3% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 35.1% during (2023 - 2030).
AI-powered portable imaging devices and handheld scanners facilitate point-of-care diagnostics in remote emergency departments and ambulatory care settings. These devices enable rapid image acquisition, real-time image analysis, and immediate diagnostic feedback, enhancing access to healthcare services and improving patient outcomes in underserved communities. The adoption of this has been steadily increasing across healthcare organizations, research institutions, and imaging centers.
The exponential growth of medical imaging data, including images, patient records, and clinical annotations, has created opportunities for AI applications in medical imaging. AI algorithms require large datasets for training and validation, and the abundance of medical imaging data has fuelled the development of robust and generalizable AI models. Similarly, the use of this has increased due to the trend toward precision medicine, which tries to customize care for each patient based on their particular needs.
The higher healthcare expenditure in the UAE enables improved access to healthcare services, including advanced medical imaging technologies. According to the International Trade Administration (ITA), in the UAE’s 2022 federal budget, a total of USD 15.8 billion (AED 58.931 billion) was approved for public spending, of which 8.4% is dedicated to healthcare. Thus, the high expenditure on the healthcare sector and the growing digital healthcare industry in the region are driving the market’s growth.
Free Valuable Insights: The Worldwide AI In Medical Imaging Market is Projected to reach USD 10.3 Billion by 2030, at a CAGR of 32.2%
Based on Technology, the market is segmented into Deep Learning, Natural Language Processing (NLP), and Others. Based on Modality, the market is segmented into CT Scan, MRI, Ultrasound, X-rays, and Nuclear Imaging. Based on End-use, the market is segmented into Hospitals, Diagnostic Imaging Centers, and Others. Based on Application, the market is segmented into Neurology, Breast Screening, Cardiology, Respiratory & Pulmonary, Orthopedics, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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