ARTIFICIAL INTELLIGENCE IN ULTRASOUND IMAGING MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Market Concentration and Competitive Landscape

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Growth in applications of ultrasound imaging

The applications of ultrasound imaging are growing exponentially which is directly fueling the growth of artificial intelligence in ultrasound imaging market on a global scale. Ultrasound imaging has transformed from being used only for obstetric procedures to now having applications in varied medical disciplines including cardiology, radiology, urology and many others. This increasing scope of use across specialties has translated into higher demand for ultrasound devices and procedures. AI is helping improve and expand the capabilities of ultrasound devices to deliver more accurate diagnoses. Technologies like machine learning and deep learning are enabling ultrasound machines to produce high quality images, perform advanced quantitative analysis and provide diagnostic assistance to radiologists. For example, AI algorithms can detect abnormalities in ultrasound scans of hearts, livers, ovaries, etc. and highlight areas which require the radiologists' special attention. This is increasing the efficiency and throughput of ultrasonography. Several ultrasound device manufacturers have also integrated AI capabilities like automated image optimization and anomaly detection into their new models.

• NVIDIA Corporation
• Intel Corporation
• IBM
• EchoNous, Inc.
• Microsoft
• General Vision Inc.
• GENERAL ELECTRIC COMPANY
• Johnson & Johnson Services, Inc.
• Siemens Healthcare Private Limited
• Medtronic
• CloudMedx Inc.
• Agfa-Gevaert Group
• Butterfly Network, Inc.
• Imagia Cybernetics Inc.
• Enlitic, Inc.
• Micron Technology, Inc.
• SAMSUNG