The global computer vision in healthcare market is expected to expand from US$ 2.5 billion in 2024 to US$ 56.1 billion by 2034. By 2034, the market is projected to surge at 36.7% CAGR.
Attributes | Key Insights |
---|---|
Estimated Global Computer Vision in Healthcare Market Size (2024E) | US$ 2.5 billion |
Projected Computer Vision in Healthcare Market Value (2034F) | US$ 56.1 billion |
Value-based CAGR (2024 to 2034) | 36.7% |
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The diverse use of technology illustrates how well computer vision supports thorough healthcare assessments and improves medical decision-making procedures.
The global computer vision in healthcare sales grew at a CAGR of 38.4% from 2019 to 2023. The growth of computer vision in healthcare from 2019 to 2023 can be attributed to a convergence of factors:
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The table below shows the estimated growth rates of the top five countries. South Korea, the United Kingdom, and Japan are set to record high CAGRs of 37.9%, 37.5%, and 37.2%, respectively, through 2034.
Countries | Projected CAGR (2034) |
---|---|
United States | 36.8% |
United Kingdom | 37.5% |
China | 36.9% |
South Korea | 37.9% |
Japan | 37.2% |
The table below explains the computer vision in the healthcare market size of the leading five countries for 2034. Among them, the United States is anticipated to remain at the forefront by reaching a valuation of US$ 9.9 billion. Japan is expected to reach around US$ 5.6 billion by 2034, less than China's US$ 8.2 billion.
Countries | Market Value (2034) |
---|---|
United States | US$ 9.9 billion |
United Kingdom | US$ 2.2 billion |
China | US$ 8.2 billion |
South Korea | US$ 3.7 billion |
Japan | US$ 5.6 billion |
The United States computer vision in the healthcare industry is poised to exhibit a CAGR of 36.8% during the assessment period. In 2034, the United States market is expected to reach US$ 9.9 billion. The key factors supporting the market growth are:
China is anticipated to rise at a steady CAGR of 36.9% during the forecast period. This is attributable to a combination of factors, including:
Japan's computer vision in the healthcare market is expected to reach a valuation of around US$ 5.6 billion by 2034. Top factors supporting the market expansion in the country include:
The demand for computer vision in healthcare is increasing in the United Kingdom, with a projected CAGR of 37.5% through 2034. Emerging patterns in the United Kingdom’s market are as follows:
The computer vision in healthcare market is projected to increase in South Korea at a CAGR of 37.9% through 2034. The factors driving the market growth are as follows:
The section below shows the hardware segment dominated by components. It is predicted to surge at a CAGR of 36.5% by 2034. Based on product type, the smart camera-based computer vision systems segment is anticipated to generate a dominant share through 2024. It is set to rise at 36.4% CAGR by 2034.
Segment | Projected CAGR (2034) |
---|---|
Hardware (Component) | 36.5% |
Smart Camera-based Computer Vision Systems (Product Type) | 36.4% |
Based on components, demand for hardware is expected to remain high during the valuation period.
Based on product type, smart camera-based computer vision systems are expected to surge at 36.4% CAGR by 2034.
Leading companies have increased their market share primarily through product launches and developments, which are followed by expansions, mergers & acquisitions, contracts, agreements, partnerships, and collaborations. Key companies are employing several strategies to improve market penetration and strengthen their position in the cutthroat sector.
For instance:
The market is set to reach US$ 2.5 billion in 2024.
Demand for computer vision in healthcare is slated to expand at a 36.7% CAGR by 2034.
The market is expected to reach US$ 56.1 billion in 2034.
NVIDIA Corporation, Microsoft, and Intel Corporation are the key players.
Hardware is estimated to hold a significant market share in 2024.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter’s Analysis
3.6. Regulatory Landscape
3.6.1. By Key Regions
3.6.2. By Key Countries
3.7. Regional Parent Market Outlook
4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
4.1. Historical Market Size Value (US$ billion) Analysis, 2019 to 2023
4.2. Current and Future Market Size Value (US$ billion) Projections, 2024 to 2034
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Component
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ billion) Analysis By Component, 2019 to 2023
5.3. Current and Future Market Size Value (US$ billion) Analysis and Forecast By Component, 2024 to 2034
5.3.1. Hardware
5.3.2. Software
5.3.3. Services
5.4. Y-o-Y Growth Trend Analysis By Component, 2019 to 2023
5.5. Absolute $ Opportunity Analysis By Component, 2024 to 2034
6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Product Type
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ billion) Analysis By Product Type, 2019 to 2023
6.3. Current and Future Market Size Value (US$ billion) Analysis and Forecast By Product Type, 2024 to 2034
6.3.1. Smart Camera-based Computer Vision Systems
6.3.2. PC-based Computer Vision Systems
6.4. Y-o-Y Growth Trend Analysis By Product Type, 2019 to 2023
6.5. Absolute $ Opportunity Analysis By Product Type, 2024 to 2034
7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ billion) Analysis By Application, 2019 to 2023
7.3. Current and Future Market Size Value (US$ billion) Analysis and Forecast By Application, 2024 to 2034
7.3.1. Medical Imaging and Diagnostics
7.3.2. Surgeries
7.3.3. Patient Management and Research
7.3.4. Others
7.4. Y-o-Y Growth Trend Analysis By Application, 2019 to 2023
7.5. Absolute $ Opportunity Analysis By Application, 2024 to 2034
8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034 By End-user
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ billion) Analysis By End-user, 2019 to 2023
8.3. Current and Future Market Size Value (US$ billion) Analysis and Forecast By End-user, 2024 to 2034
8.3.1. Healthcare Providers
8.3.2. Diagnostic Centers
8.3.3. Academic Research Institutes
8.3.4. Others
8.4. Y-o-Y Growth Trend Analysis By End-user, 2019 to 2023
8.5. Absolute $ Opportunity Analysis By End-user, 2024 to 2034
9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
9.1. Introduction
9.2. Historical Market Size Value (US$ billion) Analysis By Region, 2019 to 2023
9.3. Current Market Size Value (US$ billion) Analysis and Forecast By Region, 2024 to 2034
9.3.1. North America
9.3.2. Latin America
9.3.3. Western Europe
9.3.4. Eastern Europe
9.3.5. South Asia and Pacific
9.3.6. East Asia
9.3.7. Middle East and Africa
9.4. Market Attractiveness Analysis By Region
10. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
10.1. Historical Market Size Value (US$ billion) Trend Analysis By Market Taxonomy, 2019 to 2023
10.2. Market Size Value (US$ billion) Forecast By Market Taxonomy, 2024 to 2034
10.2.1. By Country
10.2.1.1. United States
10.2.1.2. Canada
10.2.2. By Component
10.2.3. By Product Type
10.2.4. By Application
10.2.5. By End-user
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Component
10.3.3. By Product Type
10.3.4. By Application
10.3.5. By End-user
10.4. Key Takeaways
11. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
11.1. Historical Market Size Value (US$ billion) Trend Analysis By Market Taxonomy, 2019 to 2023
11.2. Market Size Value (US$ billion) Forecast By Market Taxonomy, 2024 to 2034
11.2.1. By Country
11.2.1.1. Brazil
11.2.1.2. Mexico
11.2.1.3. Rest of Latin America
11.2.2. By Component
11.2.3. By Product Type
11.2.4. By Application
11.2.5. By End-user
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Component
11.3.3. By Product Type
11.3.4. By Application
11.3.5. By End-user
11.4. Key Takeaways
12. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
12.1. Historical Market Size Value (US$ billion) Trend Analysis By Market Taxonomy, 2019 to 2023
12.2. Market Size Value (US$ billion) Forecast By Market Taxonomy, 2024 to 2034
12.2.1. By Country
12.2.1.1. Germany
12.2.1.2. United Kingdom
12.2.1.3. France
12.2.1.4. Spain
12.2.1.5. Italy
12.2.1.6. Rest of Western Europe
12.2.2. By Component
12.2.3. By Product Type
12.2.4. By Application
12.2.5. By End-user
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Component
12.3.3. By Product Type
12.3.4. By Application
12.3.5. By End-user
12.4. Key Takeaways
13. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
13.1. Historical Market Size Value (US$ billion) Trend Analysis By Market Taxonomy, 2019 to 2023
13.2. Market Size Value (US$ billion) Forecast By Market Taxonomy, 2024 to 2034
13.2.1. By Country
13.2.1.1. Poland
13.2.1.2. Russia
13.2.1.3. Czech Republic
13.2.1.4. Romania
13.2.1.5. Rest of Eastern Europe
13.2.2. By Component
13.2.3. By Product Type
13.2.4. By Application
13.2.5. By End-user
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Component
13.3.3. By Product Type
13.3.4. By Application
13.3.5. By End-user
13.4. Key Takeaways
14. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
14.1. Historical Market Size Value (US$ billion) Trend Analysis By Market Taxonomy, 2019 to 2023
14.2. Market Size Value (US$ billion) Forecast By Market Taxonomy, 2024 to 2034
14.2.1. By Country
14.2.1.1. India
14.2.1.2. Bangladesh
14.2.1.3. Australia
14.2.1.4. New Zealand
14.2.1.5. Rest of South Asia and Pacific
14.2.2. By Component
14.2.3. By Product Type
14.2.4. By Application
14.2.5. By End-user
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Component
14.3.3. By Product Type
14.3.4. By Application
14.3.5. By End-user
14.4. Key Takeaways
15. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
15.1. Historical Market Size Value (US$ billion) Trend Analysis By Market Taxonomy, 2019 to 2023
15.2. Market Size Value (US$ billion) Forecast By Market Taxonomy, 2024 to 2034
15.2.1. By Country
15.2.1.1. China
15.2.1.2. Japan
15.2.1.3. South Korea
15.2.2. By Component
15.2.3. By Product Type
15.2.4. By Application
15.2.5. By End-user
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Component
15.3.3. By Product Type
15.3.4. By Application
15.3.5. By End-user
15.4. Key Takeaways
16. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
16.1. Historical Market Size Value (US$ billion) Trend Analysis By Market Taxonomy, 2019 to 2023
16.2. Market Size Value (US$ billion) Forecast By Market Taxonomy, 2024 to 2034
16.2.1. By Country
16.2.1.1. GCC Countries
16.2.1.2. South Africa
16.2.1.3. Israel
16.2.1.4. Rest of Middle East and Africa
16.2.2. By Component
16.2.3. By Product Type
16.2.4. By Application
16.2.5. By End-user
16.3. Market Attractiveness Analysis
16.3.1. By Country
16.3.2. By Component
16.3.3. By Product Type
16.3.4. By Application
16.3.5. By End-user
16.4. Key Takeaways
17. Key Countries Market Analysis
17.1. United States
17.1.1. Pricing Analysis
17.1.2. Market Share Analysis, 2023
17.1.2.1. By Component
17.1.2.2. By Product Type
17.1.2.3. By Application
17.1.2.4. By End-user
17.2. Canada
17.2.1. Pricing Analysis
17.2.2. Market Share Analysis, 2023
17.2.2.1. By Component
17.2.2.2. By Product Type
17.2.2.3. By Application
17.2.2.4. By End-user
17.3. Brazil
17.3.1. Pricing Analysis
17.3.2. Market Share Analysis, 2023
17.3.2.1. By Component
17.3.2.2. By Product Type
17.3.2.3. By Application
17.3.2.4. By End-user
17.4. Mexico
17.4.1. Pricing Analysis
17.4.2. Market Share Analysis, 2023
17.4.2.1. By Component
17.4.2.2. By Product Type
17.4.2.3. By Application
17.4.2.4. By End-user
17.5. Germany
17.5.1. Pricing Analysis
17.5.2. Market Share Analysis, 2023
17.5.2.1. By Component
17.5.2.2. By Product Type
17.5.2.3. By Application
17.5.2.4. By End-user
17.6. United Kingdom
17.6.1. Pricing Analysis
17.6.2. Market Share Analysis, 2023
17.6.2.1. By Component
17.6.2.2. By Product Type
17.6.2.3. By Application
17.6.2.4. By End-user
17.7. France
17.7.1. Pricing Analysis
17.7.2. Market Share Analysis, 2023
17.7.2.1. By Component
17.7.2.2. By Product Type
17.7.2.3. By Application
17.7.2.4. By End-user
17.8. Spain
17.8.1. Pricing Analysis
17.8.2. Market Share Analysis, 2023
17.8.2.1. By Component
17.8.2.2. By Product Type
17.8.2.3. By Application
17.8.2.4. By End-user
17.9. Italy
17.9.1. Pricing Analysis
17.9.2. Market Share Analysis, 2023
17.9.2.1. By Component
17.9.2.2. By Product Type
17.9.2.3. By Application
17.9.2.4. By End-user
17.10. Poland
17.10.1. Pricing Analysis
17.10.2. Market Share Analysis, 2023
17.10.2.1. By Component
17.10.2.2. By Product Type
17.10.2.3. By Application
17.10.2.4. By End-user
17.11. Russia
17.11.1. Pricing Analysis
17.11.2. Market Share Analysis, 2023
17.11.2.1. By Component
17.11.2.2. By Product Type
17.11.2.3. By Application
17.11.2.4. By End-user
17.12. Czech Republic
17.12.1. Pricing Analysis
17.12.2. Market Share Analysis, 2023
17.12.2.1. By Component
17.12.2.2. By Product Type
17.12.2.3. By Application
17.12.2.4. By End-user
17.13. Romania
17.13.1. Pricing Analysis
17.13.2. Market Share Analysis, 2023
17.13.2.1. By Component
17.13.2.2. By Product Type
17.13.2.3. By Application
17.13.2.4. By End-user
17.14. India
17.14.1. Pricing Analysis
17.14.2. Market Share Analysis, 2023
17.14.2.1. By Component
17.14.2.2. By Product Type
17.14.2.3. By Application
17.14.2.4. By End-user
17.15. Bangladesh
17.15.1. Pricing Analysis
17.15.2. Market Share Analysis, 2023
17.15.2.1. By Component
17.15.2.2. By Product Type
17.15.2.3. By Application
17.15.2.4. By End-user
17.16. Australia
17.16.1. Pricing Analysis
17.16.2. Market Share Analysis, 2023
17.16.2.1. By Component
17.16.2.2. By Product Type
17.16.2.3. By Application
17.16.2.4. By End-user
17.17. New Zealand
17.17.1. Pricing Analysis
17.17.2. Market Share Analysis, 2023
17.17.2.1. By Component
17.17.2.2. By Product Type
17.17.2.3. By Application
17.17.2.4. By End-user
17.18. China
17.18.1. Pricing Analysis
17.18.2. Market Share Analysis, 2023
17.18.2.1. By Component
17.18.2.2. By Product Type
17.18.2.3. By Application
17.18.2.4. By End-user
17.19. Japan
17.19.1. Pricing Analysis
17.19.2. Market Share Analysis, 2023
17.19.2.1. By Component
17.19.2.2. By Product Type
17.19.2.3. By Application
17.19.2.4. By End-user
17.20. South Korea
17.20.1. Pricing Analysis
17.20.2. Market Share Analysis, 2023
17.20.2.1. By Component
17.20.2.2. By Product Type
17.20.2.3. By Application
17.20.2.4. By End-user
17.21. GCC Countries
17.21.1. Pricing Analysis
17.21.2. Market Share Analysis, 2023
17.21.2.1. By Component
17.21.2.2. By Product Type
17.21.2.3. By Application
17.21.2.4. By End-user
17.22. South Africa
17.22.1. Pricing Analysis
17.22.2. Market Share Analysis, 2023
17.22.2.1. By Component
17.22.2.2. By Product Type
17.22.2.3. By Application
17.22.2.4. By End-user
17.23. Israel
17.23.1. Pricing Analysis
17.23.2. Market Share Analysis, 2023
17.23.2.1. By Component
17.23.2.2. By Product Type
17.23.2.3. By Application
17.23.2.4. By End-user
18. Market Structure Analysis
18.1. Competition Dashboard
18.2. Competition Benchmarking
18.3. Market Share Analysis of Top Players
18.3.1. By Regional
18.3.2. By Component
18.3.3. By Product Type
18.3.4. By Application
18.3.5. By End-user
19. Competition Analysis
19.1. Competition Deep Dive
19.1.1. NVIDIA Corporation
19.1.1.1. Overview
19.1.1.2. Product Portfolio
19.1.1.3. Profitability by Market Segments
19.1.1.4. Sales Footprint
19.1.1.5. Strategy Overview
19.1.1.5.1. Marketing Strategy
19.1.2. Microsoft
19.1.2.1. Overview
19.1.2.2. Product Portfolio
19.1.2.3. Profitability by Market Segments
19.1.2.4. Sales Footprint
19.1.2.5. Strategy Overview
19.1.2.5.1. Marketing Strategy
19.1.3. Intel Corporation
19.1.3.1. Overview
19.1.3.2. Product Portfolio
19.1.3.3. Profitability by Market Segments
19.1.3.4. Sales Footprint
19.1.3.5. Strategy Overview
19.1.3.5.1. Marketing Strategy
19.1.4. IBM Corporation
19.1.4.1. Overview
19.1.4.2. Product Portfolio
19.1.4.3. Profitability by Market Segments
19.1.4.4. Sales Footprint
19.1.4.5. Strategy Overview
19.1.4.5.1. Marketing Strategy
19.1.5. Google LLC
19.1.5.1. Overview
19.1.5.2. Product Portfolio
19.1.5.3. Profitability by Market Segments
19.1.5.4. Sales Footprint
19.1.5.5. Strategy Overview
19.1.5.5.1. Marketing Strategy
19.1.6. Basler AG
19.1.6.1. Overview
19.1.6.2. Product Portfolio
19.1.6.3. Profitability by Market Segments
19.1.6.4. Sales Footprint
19.1.6.5. Strategy Overview
19.1.6.5.1. Marketing Strategy
19.1.7. Arterys Inc.
19.1.7.1. Overview
19.1.7.2. Product Portfolio
19.1.7.3. Profitability by Market Segments
19.1.7.4. Sales Footprint
19.1.7.5. Strategy Overview
19.1.7.5.1. Marketing Strategy
19.1.8. AiCure
19.1.8.1. Overview
19.1.8.2. Product Portfolio
19.1.8.3. Profitability by Market Segments
19.1.8.4. Sales Footprint
19.1.8.5. Strategy Overview
19.1.8.5.1. Marketing Strategy
19.1.9. iCAD, Inc.
19.1.9.1. Overview
19.1.9.2. Product Portfolio
19.1.9.3. Profitability by Market Segments
19.1.9.4. Sales Footprint
19.1.9.5. Strategy Overview
19.1.9.5.1. Marketing Strategy
19.1.10. SenseTime
19.1.10.1. Overview
19.1.10.2. Product Portfolio
19.1.10.3. Profitability by Market Segments
19.1.10.4. Sales Footprint
19.1.10.5. Strategy Overview
19.1.10.5.1. Marketing Strategy
20. Assumptions & Acronyms Used
21. Research Methodology
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