North America Artificial Intelligence In Diagnostics Market Size & Outlook
North America artificial intelligence in diagnostics market, 2018-2030 (US$M)
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North America artificial intelligence in diagnostics market highlights
- The North America artificial intelligence in diagnostics market generated a revenue of USD 645.2 million in 2023.
- The market is expected to grow at a CAGR of 23% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 645.2 million |
| Market revenue in 2030 | USD 2,742.2 million |
| Growth rate | 23% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Software |
| 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, North America region accounted for 55.4% 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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North America 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 40.25% in 2023. Horizon Databook has segmented the North America artificial intelligence in diagnostics market based on software, hardware, services covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing adoption of Artificial Intelligence (AI) in disease identification & diagnosis, and increasing investment in AI healthcare startups are factors expected to drive North America’s AI in diagnostics market. In addition, growing demand for reducing diagnostic costs, improving patient care, and reducing machine downtime are further accelerating usage of AI in diagnostics.
According to Health IT Analytics in May 2017, researchers from Case Western Reserve University used a deep learning network, which is a subset of AI, to identify breast cancer in pathology images with 100% accuracy.
The ongoing COVID-19 pandemic, coupled with growing government initiatives, increasing mergers & acquisitions, portfolio expansion, and collaborations to promote implementation of AI in healthcare, is further accelerating its adoption in diagnostics, thereby contributing to market growth.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America artificial intelligence in diagnostics market , including forecasts for subscribers. This continent databook contains high-level insights into North America artificial intelligence in diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America artificial intelligence in diagnostics market size, by country, 2018-2030 (US$M)
North America Artificial Intelligence In Diagnostics Market Outlook Share, 2023 & 2030 (US$M)
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