Computer Vision in Healthcare Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

The Computer Vision in Healthcare market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire Computer Vision in the Healthcare market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) from FY 2016 – 2026.

This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of Computer Vision in the Healthcare industry. The report analyzes and declares the historical and current trends analysis of the Computer Vision Healthcare industry and subsequently recommends the projected trends anticipated to be observed in the Computer Vision Healthcare market during the upcoming years.

Key Insights from Primary Research

• According to the primary CXO’s of the global computer vision in healthcare market, the market is estimated to witness a substantial growth of nearly 29.5% over the forecast period.
• The market was valued at USD 262.2million, in 2019 and is expected to be valued over USD 2,384.2million.
• On the basis of the product segment, hardware dominated the global computer vision in healthcare market in 2019. In terms of revenue, it accounted for more than a 35.3% share of the total market in 2019.
• Asia Pacific market is expected to be the fastest growing region for computer vision in healthcare over the forecast period owing to the positively evolving healthcare infrastructure that has started adopting automation, intraoperatability, cloud computing, and point-of-care features.
• By geography, the North American region headed the market with a share of above 37.6%, in 2019.

Key Recommendations from Analysts

• Work in computer vision, image processing, and pattern recognition over the past few decades has made tremendous progress. Medical imagery has also attracted rising attention in healthcare applications in recent years due to its critical aspect.
• The strategic developments such as regional expansion, product innovations, and ongoing research and developments by major companies such as CytoTherm NVIDIA Corporation, Microsoft, Intel Corporation, etc. are likely to boom the market’s growth over the up-coming years.
• Our analysts advise that the Asia Pacific region will probably witness significant growth attributed to the growing demand for computer vision in healthcare from China, Japan, and India.       

Market Share Analysis by Region

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Computer Vision in Healthcare industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Computer Vision in the Healthcare industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the Computer Vision in the Healthcare market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Computer Vision in the Healthcare industry. The Computer Vision in Healthcare market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Computer Vision in the Healthcare sector. Key strategic developments in the Computer Vision in the Healthcare market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the Computer Vision in Healthcare market are appropriately highlighted in the report.

The Computer Vision in Healthcare market research report delivers an acute valuation and taxonomy of Computer Vision in the Healthcare industry by practically splitting the market on the basis of different types, categories, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of Computer Vision in the Healthcare industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for Computer Vision in the Healthcare industry is provided for the leading economies of the world.

Work in computer vision, image processing, and pattern recognition over the past few decades has made tremendous progress. Medical imagery has also attracted rising attention in healthcare applications in recent years due to its critical aspect. Computer vision uses image recognition algorithms to make the diagnosis quicker and more precise than a doctor's. Computer vision technology was used in various treatments and interventions to treat those conditions. Technologies for 3D modeling and rapid prototyping have now focused on developing medical imaging modalities which include MRI and CT.

Computer Vision in the Healthcare market is segmented based on product, application, end-user, and region. On the basis of product segment, the market is segmented into hardware, software, and services. The application type segmentation includes medical imaging and diagnostics, surgeries, and other applications. The end user segment is classified into healthcare providers, diagnostic centers, and other end users.

Report Scope

Competitive Players

Some of the essential players operating in the Computer Vision in the Healthcare market, but not restricted to include :

•  NVIDIA Corporation
•  Microsoft
•  Intel Corporation
•  Xilinx Inc.
•  IBM
•  Google
•  Basler AG
•  Arterys
•  AiCure
•  iCAD Inc.

The taxonomy of the Computer Vision Healthcare industry by its scope and segmentation is as follows:

Product Type Segment Analysis

• Hardware
  • Processors
    • CPUs
    • GPUs
    • FPGAs
    • ASICs
    • VPUs
  • Memory devices
  • Networks
• Software
  • Cloud-based
  • On-premise
• Services

Application Segment Analysis

• Medical imaging and diagnostics
• Surgeries
• Other applications

End User Segment Analysis

• Healthcare providers
• Diagnostic centers
• Other end users

Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of the Middle East & Africa