India Artificial Intelligence In Diagnostics Market Size & Outlook
India artificial intelligence in diagnostics market, 2018-2030 (US$M)
Related Markets
India artificial intelligence in diagnostics market highlights
- The India artificial intelligence in diagnostics market generated a revenue of USD 41.0 million in 2023 and is expected to reach USD 225.9 million by 2030.
- The India market is expected to grow at a CAGR of 27.6% 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.
Artificial intelligence in diagnostics market data book summary
| Market revenue in 2023 | USD 41.0 million |
| Market revenue in 2030 | USD 225.9 million |
| Growth rate | 27.6% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Services |
| 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, India accounted for 3.5% 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 Asia Pacific, China artificial intelligence in diagnostics market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 494.2 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Artificial Intelligence In Diagnostics Market Scope
Artificial Intelligence In Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India 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 48.29% in 2023. Horizon Databook has segmented the India artificial intelligence in diagnostics market based on software, hardware, services covering the revenue growth of each sub-segment from 2018 to 2030.
India is rapidly adopting AI in its healthcare sector. Tech giants have started focusing on implementing healthcare AI in the country. AI solutions can help overcome access barriers by solving the problem through early detection, diagnostics, decision-making, & treatment; supporting the scarce personnel & lab facilities; and catering to the country’s large population.
According to the Economic Times in December 2019, a study published in Cardiovascular Research stated that AI is better at predicting cardiac deaths and heart attacks than standard clinical tests used by cardiologists.
In 2018, the government released a new strategy for the robotics industry, with four action plans to accelerate market expansion with service and collaborative robots. The government is also providing training programs for postgraduate level AI experts by collaborating with colleges.
Reasons to subscribe to India artificial intelligence in diagnostics market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of India artificial intelligence in diagnostics market databook
-
Our clientele includes a mix of artificial intelligence in diagnostics market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India artificial intelligence in diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into India artificial intelligence in diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
India artificial intelligence in diagnostics market size, by component, 2018-2030 (US$M)
India Artificial Intelligence In Diagnostics Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
