Asia Pacific Artificial Intelligence In Diagnostics Market Size & Outlook
Asia Pacific artificial intelligence in diagnostics market, 2018-2030 (US$M)
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Asia Pacific artificial intelligence in diagnostics market highlights
- The Asia Pacific artificial intelligence in diagnostics market generated a revenue of USD 250.7 million in 2023.
- The market is expected to grow at a CAGR of 27.2% from 2024 to 2030.
- In terms of segment, software was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 250.7 million |
| Market revenue in 2030 | USD 1,351.1 million |
| Growth rate | 27.2% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Hardware, Services |
| Key market players worldwide | Siemens Healthineers AG ADR, Nano X Imaging Ltd Ordinary Shares, GE HealthCare Technologies Inc Common Stock, AliveCor, Riverain Technologies, Aidoc, NeuraSignal, Imagen Technologies, Digital Diagnostics, Vuno |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 21.5% of the global artificial intelligence in diagnostics market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,351.1 million by 2030.
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Artificial Intelligence In Diagnostics Market Scope
Artificial Intelligence In Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific artificial intelligence in diagnostics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to artificial intelligence in diagnostics market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 48.3% in 2023. Horizon Databook has segmented the Asia Pacific artificial intelligence in diagnostics market based on software, hardware, services covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing patient pool, ongoing pandemic, growing acceptance of cloud computing, and rising number of government programs supporting AI are among the key factors expected to drive the market in Asia Pacific. In addition, an increasing number of biopharmaceutical firms are applying AI to modernize the drug discovery process, with more AI applications being found in the field of diagnostics.
For instance, in 2017, China’s Tencent introduced an AI-driven diagnostic medical imaging facility, called AI Medical Innovation System (AIMIS). The technology exhibited 90% and 95% accuracy for initial diagnoses of esophageal & lung cancers, respectively.
In April 2018, China’s Ministry of Education introduced an Action Plan, AI innovation for Colleges and Universities, to be the leaders for AI training & innovation by 2030. This plan was to create 100 AIspecialized programs by 2020 for specific domains, such as AI in healthcare. In December 2018, the Japanese government initiated revamping its healthcare system.
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Our clientele includes a mix of artificial intelligence in diagnostics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific artificial intelligence in diagnostics market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific artificial intelligence in diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific artificial intelligence in diagnostics market size, by country, 2018-2030 (US$M)
Asia Pacific Artificial Intelligence In Diagnostics Market Outlook Share, 2023 & 2030 (US$M)
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