Brazil Artificial Intelligence In Diagnostics Market Size & Outlook
Brazil artificial intelligence in diagnostics market, 2018-2030 (US$M)
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Brazil artificial intelligence in diagnostics market highlights
- The Brazil artificial intelligence in diagnostics market generated a revenue of USD 4.1 million in 2023 and is expected to reach USD 20.2 million by 2030.
- The Brazil market is expected to grow at a CAGR of 25.7% from 2024 to 2030.
- In terms of segment, software was the largest revenue generating component in 2023.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
Artificial intelligence in diagnostics market data book summary
| Market revenue in 2023 | USD 4.1 million |
| Market revenue in 2030 | USD 20.2 million |
| Growth rate | 25.7% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Software |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Brazil accounted for 0.3% of the global artificial intelligence in diagnostics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil artificial intelligence in diagnostics market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 13.8 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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Brazil 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 48.78% in 2023. Horizon Databook has segmented the Brazil artificial intelligence in diagnostics market based on software, hardware, services covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing prevalence of chronic diseases, growing inclination toward automating, dependence on computationally prepared information to facilitate patients’ database while maintaining a single point of access, ongoing COVID-19 pandemic, and increasing demand for early detection to provide quality diagnosis are driving the demand for AI solutions, significantly contributing to market growth.
Advancements in digital healthcare are expected to drive the demand for these services in Brazil. The Brazilian government has significantly invested in implementing AI in its healthcare system. For instance, the government announced establishment of eight R&D AI labs.
One lab would focus on areas of cybersecurity and seven R&D centers would operate on developments pertaining to the country’s IoT plan, which is centered on its four main verticals: healthcare, agribusiness, manufacturing, and smart cities.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil artificial intelligence in diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into Brazil artificial intelligence in diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil artificial intelligence in diagnostics market size, by component, 2018-2030 (US$M)
Brazil Artificial Intelligence In Diagnostics Market Outlook Share, 2023 & 2030 (US$M)
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