Artificial Intelligence (AI) In Ultrasound Imaging Market Size to Exceed $2 Billion by 2029 | Growth and Industry Trends
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How Has the Artificial Intelligence (AI) In Ultrasound Imaging Market Grown from 2024 to 2025?
The market for artificial intelligence (AI) in ultrasound imaging has seen substantial growth lately. The market, which is anticipated to increase from $1.14 billion in 2024 to $1.28 billion in 2025, boasts a compound annual growth rate (CAGR) of 12.2%. The impressive growth observed during the previous periods can be linked to factors such as an increase in chronic illnesses, a surge in the demand for less invasive medical procedures, enhancements in ultrasound imaging resolution, heightened awareness of early disease identification, and elevated healthcare expenditure.
What Growth Rate Is Anticipated for the Artificial Intelligence (AI) In Ultrasound Imaging Market in the Coming Years?
The artificial intelligence (AI) in ultrasound imaging market is predicted to undergo rapid expansion in the upcoming years, rising to a value of $2 billion in 2029 with a compound annual growth rate (CAGR) of 11.9%. The anticipated growth during these forecast years is primarily due to the escalating employment of AI in personalized medicine, increasing demand for point-of-care diagnostics, amplified healthcare AI investments, the growing incidence of diseases related to lifestyle, as well as the advanced functionalities of deep learning algorithms. Coming trends in this forecast period are expected to be the growing adoption of cloud-based imaging solutions, advances in real-time AI imaging analysis, burgeoning demand for AI-based automated workflow, the integration of AI into wearable ultrasound devices, and a greater emphasis on image enhancement and interpretation based on AI.
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Who Are the Leading Companies in the Artificial Intelligence (AI) In Ultrasound Imaging Market?
Major companies operating in the artificial intelligence (AI) in ultrasound imaging market are Samsung Electronics Co. Ltd., Intel Corporation, International Business Machines Corporation (IBM), NVIDIA Corporation, Siemens Healthcare GmbH, Fujifilm Holdings Corporation, Koninklijke Philips N.V., GE HealthCare Technologies Inc., Mindray Bio-Medical Electronics Co. Ltd., Agfa-Gevaert Group, Canon Medical Systems Corporation, Carestream Health Inc., Esaote S.p.A., SonoScape Medical Corp., Trivitron Healthcare Pvt. Ltd., Verathon Inc., EchoNous Inc., Qure.ai Technologies Pvt. Ltd., Bracco Diagnostics Inc., DiA Imaging Analysis Ltd., Enlitic Inc., Ultrasound AI Inc.
What Are the Key Drivers of the Artificial Intelligence (AI) In Ultrasound Imaging Market?
The increasing incidence of cancer is predicted to boost the expansion of the market for artificial intelligence (AI) in ultrasound imaging. Cancer refers to a raft of diseases typified by the unchecked expansion and propagation of irregular cells. The incidence of cancer is on the rise due to various factors, such as a growing older population, advancements in detection, lifestyle-related factors, infectious agents, and healthcare availability. AI can augment cancer detection through ultrasound imaging by elevating the accuracy of the images and supporting an early diagnosis, providing the opportunity for earlier and more effective treatment of the disease. For instance, the World Health Organization (WHO), a United Nations agency based in Switzerland, stated in February 2024 that the count of new cancer cases is forecasted to surpass 35 million by 2050, a jump of 77% from the expected 20 million cases in 2022. Hence, the escalating incidence of cancer is fueling the expansion of the market for artificial intelligence in ultrasound imaging.
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What Are the Key Market Segments in the Artificial Intelligence (AI) In Ultrasound Imaging Industry?
The artificial intelligence (AI) in ultrasound imaging market covered in this report is segmented –
1) By Solution: Software Tools, Services, Devices
2) By Technology: Machine Learning, Natural Language Processing, Context- Aware Computing, Computer Vision
3) By Ultrasound Technology: Diagnostic Imaging, Therapeutic, 2D, 3D Or 4D Ultrasound Imaging, High Intensity Focused Ultrasound, Extracorporeal Shockwave Lithotripsy, Doppler Ultrasound
4) By Application: Radiology, Cardiovascular, Gastroenterology, Obstetrics And Gynecology
5) By End User: Hospitals, Clinics, Research Labs And Diagnostic Centers, Other End Users
Subsegments:
1) By Software Tools: AI-Based Image Analysis Software, Diagnostic Decision Support Software, Image Enhancement and Optimization Software, Real-Time AI Image Interpretation Software, AI-Driven Post-Processing Software, Machine Learning Algorithms for Ultrasound Imaging, Cloud-Based AI Software for Ultrasound Imaging
2) By Services: AI-Powered Ultrasound Imaging Services, Diagnostic Consultation Services with AI Support, AI-Based Ultrasound Data Analysis Services, AI Integration and Implementation Services for Healthcare Providers, Training and Support Services for AI-Based Ultrasound Systems
3) By Devices: AI-Enabled Ultrasound Imaging Machines, Portable AI Ultrasound Devices, Handheld AI-Powered Ultrasound Devices, AI-Enhanced Diagnostic Ultrasound Devices, 3D/4D AI Ultrasound Devices, AI-Based Point-of-Care Ultrasound Devices
What Are the Key Market Trends in the Artificial Intelligence (AI) In Ultrasound Imaging Industry?
Companies at the forefront of the AI in ultrasound imaging industry are concentrating on the development of creative solutions, such as ultrasound systems powered by AI, to streamline clinical efficacy and make them accessible to practitioners across varying levels of expertise. Artificial intelligence algorithms are integrated into AI-driven ultrasound systems to boost imaging precision, automate diagnostic procedures, and enhance overall productivity in medical ultrasound check-ups. For example, in November 2023, Siemens Healthineers, a medical tech firm based in Germany, introduced the Acuson Maple ultrasound system. This versatile and cost-effective system is designed for quick diagnosis in a variety of clinical environments. It pairs AI-powered attributes with a compact, portable structure, making it suitable for emerging markets, smaller hospitals, and immediate care clinics. By supporting 15 transducers and providing up to 75 minutes of battery-dependent scanning, it increases workflow efficacy and provides superior-quality imaging.
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What Are the Key Regional Markets in the Artificial Intelligence (AI) In Ultrasound Imaging Industry?
North America was the largest region in the artificial intelligence (AI) in ultrasound imaging market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial intelligence (AI) in ultrasound imaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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This Report Delivers Insight On:
1. How big is the artificial intelligence (ai) in ultrasound imaging market, and how is it changing globally?
2. Who are the major companies in the artificial intelligence (ai) in ultrasound imaging market, and how are they performing?
3. What are the key opportunities and risks in the artificial intelligence (ai) in ultrasound imaging market right now?
4. Which products or customer segments are growing the most in the artificial intelligence (ai) in ultrasound imaging market?
5. What factors are helping or slowing down the growth of the artificial intelligence (ai) in ultrasound imaging market?
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