Computer Vision in Healthcare Market Value Projected to Expand by 2029

The global Computer vision in healthcare market is anticipated to grow at a CAGR of 9.8% during the forecast period (2023-2030). The market is driven by growing collaboration between market leaders and new product launches among others. For instance,

  • In February 2023, Baptist Memorial Health Care (BMHC) partnered with LookDeep to implement computer vision and AI technology for continuous patient monitoring during hospitalization. The AI system is designed to provide ongoing monitoring and assistance to hospital teams, leading to better patient care and reducing the strain on healthcare professionals.
  • In May 2023, the Permanente Medical Group initiated the Kaiser Permanente Northern California Division of Research (KP-DOR) Augmented Intelligence in Medicine and Healthcare Initiative (AIM-HI) Coordinating Center, allocating $3.0 million for enhancing diagnoses and patient outcomes by exploring applications of AI/ML and computer vision in healthcare systems. This program will concentrate on national research initiatives aimed at assessing the impact of AI and ML in advancing diagnostic decision-making. It will provide grants of up to $750,000 to three to five US-based health systems to support these efforts.
  • In May 2023, Landing AI, a leading computer vision cloud platform, released a validation-ready version of its LandingLens platform. According to the company, this version is designed for highly regulated industries, such as life sciences, pharmaceuticals, and medical devices. Companies regulated by the FDA must validate all of the tools they use, from pill vial filling machines to medical device manufacturing equipment. This process can take months and require ongoing updates as the tools change. LandingLens focused on reducing validation time from three months to one or two weeks.
  • In October 2022, Google Cloud launched AI-enabled imaging technologies that are designed to help healthcare providers improve the quality and efficiency of care. The suite has multiple features, such as the ability to identify diseases earlier, improve the accuracy of diagnoses, and personalize treatments.

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Market Coverage

  • The market number available for – 2022-2030
  • Base year- 2022
  • Forecast period- 2023-2030

Segment Covered- 

  • By Type
  • By Application
  • By End User

Regions Covered-

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
  • Competitive Landscape- includes Arterys, Inc., Google LLC, Intel Corporation, and Invicro, LLC., among others.

Computer Vision in Healthcare Market Report Segment

By Type         

  • Hardware
  • Software
  • Services

By Application

  • Medical Imaging & Diagnostics
  • Surgeries
  • Patient Monitoring
  • Other (Drug Discovery, Patient Education, and Rehabilitation)

By End user

  • Healthcare Providers
  • Diagnostic Centers
  • Academic Research Institutes
  • Others (Pharmaceutical Companies, Medical Device Companies)

A full report of Computer Vision in Healthcare Market available @ https://www.omrglobal.com/industry-reports/computer-vision-in-the-healthcare-market

Computer Vision in Healthcare Market Report Segment by Region

North America          

  • United States
  • Canada

Europe

  • Germany
  • United Kingdom
  • France
  • Spain
  • Italy
  • Rest of Europe

Asia-Pacific   

  • China
  • Japan
  • India
  • Rest of Asia-Pacific

Rest of the World

  • Middle East & Africa
  • Latin America

Company Profiles

  • AiCure
  • ai Technologies Ltd.
  • Caption Health, Inc. (a subsidiary of GE Healthcare)
  • Enlitic, Inc.
  • iCAD, Inc.
  • Infervision Medical Technology Co., Ltd.
  • Kheiron Medical Technologies Ltd.
  • Lunit Inc.
  • Medtronic, plc
  • Merative L.P.
  • Microsoft Corp.

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