Artificial Intelligence in Ultrasound Imaging Market

COVID-19 Impact Analysis:

• The global outbreak of COVID-19 leads to an ongoing downturn of the healthcare market. Apart from communities, COVID-19 was equally disastrous for major world economies, especially the healthcare sector. Prominent stakeholders are continuing to adapt their strategies to the rapidly changing situation. COVID-19 is projected to have significant long-term impacts on the healthcare industry. Countries and major players have to undertake critical healthcare changes until the crisis takes a back seat.
• Technological progress, cost containment, and the increase in access are projected to be an integral part of healthcare reforms in the near future. Digital health and telehealth have taken a front seat in the ongoing outbreak. COVID-19 re-emphasized the importance of remote diagnosis, care, and consultation. Over the past few years, regulatory and behavioral barriers have slowed the telehealth growth. However, as many healthcare providers currently work on video conferencing and telephone calls, the segment is anticipated to experience growth over the next two years. The social distancing measures also mandated online consultation of patients with moderate symptoms. In addition, it greatly reduced the burden on hospitals already swamped by counts of COVID-19 patients. 
• Medical IoT devices that live at home with patients are now being used for optimizing outpatient treatment and minimizing repeated visits, and these devices are anticipated to be further useful in a crisis situation. The pandemic led to severe resource constraints. This is expected to result in the development of competitive pricing and value-based pricing models, which boosts the growth of the artificial intelligence in ultrasound imaging market.

Top Impacting Factors:

• The increase in the usage of quantitative imaging in clinical practice resulted in the demand for artificial intelligence in ultrasound imaging, thus being a major factor that boosts the market.
• The rise in cases of chronic diseases such as cardiovascular disorders or cancer also contribute in the market growth as these conditions require advanced imaging solutions incorporated with the AI technology.
• The healthcare sectors of many developing countries are rapidly growing; introducing new advanced medical technologies, thus paving ways for new opportunities in the future for the artificial intelligence in ultrasound imaging market.
• However, the high cost of the imaging procedure and the slow regulatory approval process re anticipated to curb the growth of the artificial intelligence in ultrasound imaging market.

Market Trends:

New Product Launches to Flourish Artificial Intelligence in Ultrasound Imaging Market

In 2019, American College of Radiology launched the NVIDIA Clara AI toolkit where the professionals could build, share, and validate AI algorithms, while also ensuring that the patients’ data stay protected.

Key Benefits of Report:

• This study presents the analytical depiction of the artificial intelligence in ultrasound imaging industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the artificial intelligence in ultrasound imaging market share.
• The current market is quantitatively analyzed from 2020 to 2030 to highlight the artificial intelligence in ultrasound imaging market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed artificial intelligence in ultrasound imaging market analysis based on competitive intensity and how the competition will take shape in the coming years.

Questions Answered in Artificial Intelligence in Ultrasound Imaging Market Report

• Who are the leading players active in the artificial intelligence in ultrasound imaging market?
• What are the current trends that will influence the artificial intelligence in ultrasound imaging market in the next few years?
• What are the driving factors, restraints, and opportunities of the artificial intelligence in ultrasound imaging market?
• What future projections would help in taking further strategic steps?
• What is artificial intelligence in ultrasound imaging?
• What is the artificial intelligence in ultrasound imaging market prediction for the future?