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AI-Enabled X-Ray Imaging Solutions Market to reach over USD 508.32 million by the year 2030;
The global AI-Enabled X-Ray Imaging Solutions market is estimated to reach over USD 508.32 million by 2030, exhibiting a CAGR of 18.05% during the forecast period.
AI-Enabled X-Ray Imaging Solutions are x-ray imaging systems using AI technology for operation, and these solutions are projected to gain popularity over the coming years. Increasing demand for better diagnostic solutions and rising healthcare expenditure are expected to boost the adoption of AI-Enabled X-Ray Imaging Solutions across the world. The increasing digitization of the healthcare industry and increasing use of technology in multiple healthcare procedures will also favour AI-Enabled X-Ray Imaging Solutions’ market potential in the coming years. The rising prevalence of chronic diseases, rising burden of healthcare infrastructure, and supportive government initiatives to boost digitization are expected to be other prominent factors that will drive AI-Enabled X-Ray Imaging Solution market potential on a global scale. However, high costs and a lack of skilled workforce to operate these systems are expected to restrain AI-Enabled X-Ray Imaging Solutions market growth over the forecast period. Rising incidence of cancer and other complex diseases will also increase global need for innovative imaging technologies.
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List of Prominent Players in the AI-Enabled X-Ray Imaging Solutions Market:
Behold.AI Technologies Limited
Carestream Health, Inc
General Electric Company
Imagen Technologies, Inc.
Infervision Medical Technology Co. Ltd.
Konica Minolta, Inc.
Qure.ai Technologies Pvt. Ltd.
Siemens Healthineers AG
Vuno Co., Ltd.
Zebra Medical Vision, Inc.
Other Prominent Players
Increasing adoption of advanced technologies and rising digitalization are anticipated to be the leading drivers for AI-Enabled X-Ray Imaging Solutions market growth across the forecast period. High healthcare expenditure will also boost AI-Enabled X-Ray Imaging Solution market potential. Increasing support from the government and rising demand for advanced imaging systems to enable better diagnostics are expected to further bolster AI-Enabled X-Ray Imaging Solution market potential through 2028.
The AI-Enabled X-Ray Imaging Solutions market is expected to see constrained growth as it witnesses a shortage of skilled workforce to operate and maintain the highly advanced imaging systems. Moreover, the high costs of these systems are also anticipated to slow down the AI-Enabled X-Ray Imaging Solutions market growth in the long term. The lack of a proper AI-enabled infrastructure on a global scale would also prove to be a challenge for multiple AI-Enabled X-Ray Imaging Solutions providers across the world.
The North America AI-Enabled X-Ray Imaging Solutions market is expected to lead the global AI-Enabled X-Ray Imaging Solutions industry and is anticipated to account for a major market share over the forecast period. The presence of crucial AI-Enabled X-Ray Imaging Solutions providers, the presence of developed healthcare infrastructure, rapid adoption of novel technologies, and the increasing prevalence of chronic diseases are other factors that will majorly enable AI-Enabled X-Ray Imaging Solutions market potential in this region through 2028. The United States is projected to be the most notable market in this region through 2028 as it witnesses high digitization of the healthcare industry owing to growing support from its government. Increasing spending on digitization and rising investments in healthcare research and development activity are expected to boost the AI-Enabled X-Ray Imaging Solutions market growth in the United States over the forecast period.
In May 2022, Siemens Healthineers announced that it had added VR training feature to its mobile 3D X-ray system as it collaborated with PrecisionOS. This is aimed at increasing the amount of skilled worforce available to manage the advanced imaging systems that have gained massive popularity and continue to do so.
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