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

Artificial Intelligence In Ultrasound Imaging Market, By Solution (Hardware, Software, and Services), By Technology (Machine Learning, Natural Language Processing, Context- Aware Computing, Computer Vision), By Ultrasound Type (Diagnostic Imaging, Therapeutic, 2D, 3D/4D Ultrasound Imaging, High Intensity Focused Ultrasound, Extracorporeal Shockwave Lithotripsy, and Doppler Ultrasound), By Application (Radiology, Cardiovascular, Gastroenterology, Obstetrics and Gynecology), By End-User (Hospitals, Clinics, Research Labs & Diagnostic Imaging Centers, Maternity Centers, and Ambulatory Surgical Centers), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

On July 2024, GE HealthCare, a leading global medical technology company, agreed to acquire Intelligent Ultrasound Group PLC's clinical artificial intelligence (AI) software business for around US$ 51 million. Intelligent Ultrasound specializes in AI-driven image analysis tools for ultrasound, aimed at enhancing efficiency and usability.
In November 2023, Royal Philips, a health technology company, secured additional funding from the Bill & Melinda Gates Foundation to advance the global adoption of AI algorithms on its Lumify Handheld Ultrasound. These algorithms simplify critical measurements, particularly in identifying pregnancy abnormalities, drastically reducing training time from weeks to hours. This initiative aims to broaden access to ultrasound technology among frontline health workers, integrating it more effectively into routine care.
In February 2023, GE HealthCare agreed to acquire Caption Health, Inc., enhancing ultrasound examinations with Caption AI applications for easier and faster basic echocardiogram exams by a wider range of healthcare professionals
In February 2023, Clarius Mobile Health received 510(k) clearance for its new MSK AI model, which uses artificial intelligence to automatically identify and measure tendons in the foot, ankle, and knee. This AI model will soon be available with the Clarius L7 HD3 and Clarius L15 HD3 high-frequency wireless handheld ultrasound scanners.