According to a new report, published by KBV research, The Global Computer Vision In Healthcare Market size is expected to reach $15.2 billion by 2030, rising at a market growth of 37.3% CAGR during the forecast period.
The Medical Imaging & Diagnostics segment is leading the Global Computer Vision In Healthcare Market, By Application in 2022 thereby achieving a market value of $7.5 billion by 2030. Computer vision provides quantitative data from medical images, including measurements of tumor size, density, and texture. This information aids in treatment planning, monitoring, and assessment of treatment effectiveness. Pathologists benefit from computer vision tools that assist in analyzing digital pathology slides, making the diagnostic process more efficient and accurate. Radiomics, enabled by computer vision, extracts a wealth of information from medical images, enhancing decision support, treatment planning, and outcome prediction.
The Academic Research Institutes segment has shown the high growth rate of 39.7% during (2023 - 2030). Computer vision accelerates research by enabling the discovery of patterns, correlations, and trends that might not be apparent through manual analysis alone. This can lead to innovative breakthroughs. Pioneering computer vision technology research can lead to academic recognition, publications, and grant opportunities for research institutes. Academic institutions can collaborate with healthcare providers and industry partners to develop and implement innovative computer vision solutions for practical healthcare applications.
The Hardware segment acquired the maximum revenue share in the Global Computer Vision In Healthcare Market, By Component in 2022 thereby achieving a market value of $6.7 billion by 2030. Hardware components like cameras, sensors, and scanners capture high-quality medical images and videos. These devices enable the initial data acquisition process, the foundation for computer vision analysis. In surgical settings, hardware components are critical for robotic surgical systems. These components enable robotic arms to perform delicate and precise surgical procedures, enhancing surgical outcomes and reducing invasiveness. Hardware in the form of wearable devices, such as smartwatches and health sensors, collect health-related data.
The Smart Cameras-based Computer Vision Systems segment is showcasing a CAGR of 37.8% during (2023 - 2030). Smart cameras are equipped with onboard processors, which means they can perform image processing and analysis directly within the camera. Smart cameras are designed for real-time or near-real-time applications. They can quickly process visual data, making them ideal for tasks that require immediate action, such as quality control on a manufacturing line. Because of onboard processing, smart cameras have lower latency in delivering results.
The North America region dominated the Global Computer Vision In Healthcare Market, By Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $5.1 billion by 2030. The Europe market is anticipated to grow at a CAGR of 37% during (2023 - 2030). Additionally, The Asia Pacific market would witness a CAGR of 38.5% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/computer-vision-in-healthcare-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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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