
Artificial intelligence (AI) is technology patterned after the brain’s neural network sand uses multiple layers of information – including algorithms, pattern matching, rules, deep learning and cognitive computing – to learn how to understand data.
Medical artificial intelligence (AI) mainly uses computer techniques to perform clinical diagnoses and suggest treatments. AI has the capability of detecting meaningful relationships in a data set and has been widely used in many clinical situations to diagnose, treat, and predict the results.
The global market for Medical Artificial Intelligence was estimated to be worth US$ 6384.2 million in 2023 and is forecast to a readjusted size of US$ 8051.6 million by 2030 with a CAGR of 3.3% during the forecast period 2024-2030
According to our research, the global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Medical Artificial Intelligence, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Medical Artificial Intelligence by region & country, by Type, and by Application.
The Medical Artificial Intelligence market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Medical Artificial Intelligence.
Market Segmentation
By Company
Ali Health
Ping An Healthcare And Technology Company Limited.
Tencent
Tianjin Happy Life Technology Co., Ltd.
WeDoctor
Beijing Dongruan Wanghai Technology Co., Ltd.
Unisound AI Technology Co., Ltd.
iCarbonX
Spring Rain Software
Infervision Technology
Zhejiang Taimei Medical Technology Co., Ltd
Sipai(Beijing)Network Techology Co.,Ltd.
TINAVI Medical Technologies Co.,Ltd.
Anhui iFLYHealth Co.,Ltd.
Spiritual Doctor Zhihui
General Electric
Google
Medtronic
Johnson
Siemens
Nvidia Corporation
Segment by Type:
Disease Risk Prediction
Medical Imaging Assisted Diagnosis
Clinical Auxiliary Diagnosis And Treatment
Smart Health Management
Intelligent Hospital Management
Virtual Assistant
Others
Segment by Application
Hospital
Medical Institutions
Others
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Medical Artificial Intelligence manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Medical Artificial Intelligence in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Medical Artificial Intelligence in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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1 Market Overview
1.1 Medical Artificial Intelligence Product Introduction
1.2 Global Medical Artificial Intelligence Market Size Forecast
1.3 Medical Artificial Intelligence Market Trends & Drivers
1.3.1 Medical Artificial Intelligence Industry Trends
1.3.2 Medical Artificial Intelligence Market Drivers & Opportunity
1.3.3 Medical Artificial Intelligence Market Challenges
1.3.4 Medical Artificial Intelligence Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Medical Artificial Intelligence Players Revenue Ranking (2023)
2.2 Global Medical Artificial Intelligence Revenue by Company (2019-2024)
2.3 Key Companies Medical Artificial Intelligence Manufacturing Base Distribution and Headquarters
2.4 Key Companies Medical Artificial Intelligence Product Offered
2.5 Key Companies Time to Begin Mass Production of Medical Artificial Intelligence
2.6 Medical Artificial Intelligence Market Competitive Analysis
2.6.1 Medical Artificial Intelligence Market Concentration Rate (2019-2024)
2.6.2 Global 5 and 10 Largest Companies by Medical Artificial Intelligence Revenue in 2023
2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Medical Artificial Intelligence as of 2023)
2.7 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Disease Risk Prediction
3.1.2 Medical Imaging Assisted Diagnosis
3.1.3 Clinical Auxiliary Diagnosis And Treatment
3.1.4 Smart Health Management
3.1.5 Intelligent Hospital Management
3.1.6 Virtual Assistant
3.1.7 Others
3.2 Global Medical Artificial Intelligence Sales Value by Type
3.2.1 Global Medical Artificial Intelligence Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Medical Artificial Intelligence Sales Value, by Type (2019-2030)
3.2.3 Global Medical Artificial Intelligence Sales Value, by Type (%) (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Hospital
4.1.2 Medical Institutions
4.1.3 Others
4.2 Global Medical Artificial Intelligence Sales Value by Application
4.2.1 Global Medical Artificial Intelligence Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Medical Artificial Intelligence Sales Value, by Application (2019-2030)
4.2.3 Global Medical Artificial Intelligence Sales Value, by Application (%) (2019-2030)
5 Segmentation by Region
5.1 Global Medical Artificial Intelligence Sales Value by Region
5.1.1 Global Medical Artificial Intelligence Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Medical Artificial Intelligence Sales Value by Region (2019-2024)
5.1.3 Global Medical Artificial Intelligence Sales Value by Region (2025-2030)
5.1.4 Global Medical Artificial Intelligence Sales Value by Region (%), (2019-2030)
5.2 North America
5.2.1 North America Medical Artificial Intelligence Sales Value, 2019-2030
5.2.2 North America Medical Artificial Intelligence Sales Value by Country (%), 2023 VS 2030
5.3 Europe
5.3.1 Europe Medical Artificial Intelligence Sales Value, 2019-2030
5.3.2 Europe Medical Artificial Intelligence Sales Value by Country (%), 2023 VS 2030
5.4 Asia Pacific
5.4.1 Asia Pacific Medical Artificial Intelligence Sales Value, 2019-2030
5.4.2 Asia Pacific Medical Artificial Intelligence Sales Value by Country (%), 2023 VS 2030
5.5 South America
5.5.1 South America Medical Artificial Intelligence Sales Value, 2019-2030
5.5.2 South America Medical Artificial Intelligence Sales Value by Country (%), 2023 VS 2030
5.6 Middle East & Africa
5.6.1 Middle East & Africa Medical Artificial Intelligence Sales Value, 2019-2030
5.6.2 Middle East & Africa Medical Artificial Intelligence Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Medical Artificial Intelligence Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Medical Artificial Intelligence Sales Value
6.3 United States
6.3.1 United States Medical Artificial Intelligence Sales Value, 2019-2030
6.3.2 United States Medical Artificial Intelligence Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Medical Artificial Intelligence Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Medical Artificial Intelligence Sales Value, 2019-2030
6.4.2 Europe Medical Artificial Intelligence Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Medical Artificial Intelligence Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Medical Artificial Intelligence Sales Value, 2019-2030
6.5.2 China Medical Artificial Intelligence Sales Value by Type (%), 2023 VS 2030
6.5.3 China Medical Artificial Intelligence Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Medical Artificial Intelligence Sales Value, 2019-2030
6.6.2 Japan Medical Artificial Intelligence Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Medical Artificial Intelligence Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Medical Artificial Intelligence Sales Value, 2019-2030
6.7.2 South Korea Medical Artificial Intelligence Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Medical Artificial Intelligence Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Medical Artificial Intelligence Sales Value, 2019-2030
6.8.2 Southeast Asia Medical Artificial Intelligence Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Medical Artificial Intelligence Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Medical Artificial Intelligence Sales Value, 2019-2030
6.9.2 India Medical Artificial Intelligence Sales Value by Type (%), 2023 VS 2030
6.9.3 India Medical Artificial Intelligence Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Ali Health
7.1.1 Ali Health Profile
7.1.2 Ali Health Main Business
7.1.3 Ali Health Medical Artificial Intelligence Products, Services and Solutions
7.1.4 Ali Health Medical Artificial Intelligence Revenue (US$ Million) & (2019-2024)
7.1.5 Ali Health Recent Developments
7.2 Ping An Healthcare And Technology Company Limited.
7.2.1 Ping An Healthcare And Technology Company Limited. Profile
7.2.2 Ping An Healthcare And Technology Company Limited. Main Business
7.2.3 Ping An Healthcare And Technology Company Limited. Medical Artificial Intelligence Products, Services and Solutions
7.2.4 Ping An Healthcare And Technology Company Limited. Medical Artificial Intelligence Revenue (US$ Million) & (2019-2024)
7.2.5 Ping An Healthcare And Technology Company Limited. Recent Developments
7.3 Tencent
7.3.1 Tencent Profile
7.3.2 Tencent Main Business
7.3.3 Tencent Medical Artificial Intelligence Products, Services and Solutions
7.3.4 Tencent Medical Artificial Intelligence Revenue (US$ Million) & (2019-2024)
7.3.5 Tianjin Happy Life Technology Co., Ltd. Recent Developments
7.4 Tianjin Happy Life Technology Co., Ltd.
7.4.1 Tianjin Happy Life Technology Co., Ltd. Profile
7.4.2 Tianjin Happy Life Technology Co., Ltd. Main Business
7.4.3 Tianjin Happy Life Technology Co., Ltd. Medical Artificial Intelligence Products, Services and Solutions
7.4.4 Tianjin Happy Life Technology Co., Ltd. Medical Artificial Intelligence Revenue (US$ Million) & (2019-2024)
7.4.5 Tianjin Happy Life Technology Co., Ltd. Recent Developments
7.5 WeDoctor
7.5.1 WeDoctor Profile
7.5.2 WeDoctor Main Business
7.5.3 WeDoctor Medical Artificial Intelligence Products, Services and Solutions
7.5.4 WeDoctor Medical Artificial Intelligence Revenue (US$ Million) & (2019-2024)
7.5.5 WeDoctor Recent Developments
7.6 Beijing Dongruan Wanghai Technology Co., Ltd.
7.6.1 Beijing Dongruan Wanghai Technology Co., Ltd. Profile
7.6.2 Beijing Dongruan Wanghai Technology Co., Ltd. Main Business
7.6.3 Beijing Dongruan Wanghai Technology Co., Ltd. Medical Artificial Intelligence Products, Services and Solutions
7.6.4 Beijing Dongruan Wanghai Technology Co., Ltd. Medical Artificial Intelligence Revenue (US$ Million) & (2019-2024)
7.6.5 Beijing Dongruan Wanghai Technology Co., Ltd. Recent Developments
7.7 Unisound AI Technology Co., Ltd.
7.7.1 Unisound AI Technology Co., Ltd. Profile
7.7.2 Unisound AI Technology Co., Ltd. Main Business
7.7.3 Unisound AI Technology Co., Ltd. Medical Artificial Intelligence Products, Services and Solutions
7.7.4 Unisound AI Technology Co., Ltd. Medical Artificial Intelligence Revenue (US$ Million) & (2019-2024)
7.7.5 Unisound AI Technology Co., Ltd. Recent Developments
7.8 iCarbonX
7.8.1 iCarbonX Profile
7.8.2 iCarbonX Main Business
7.8.3 iCarbonX Medical Artificial Intelligence Products, Services and Solutions
7.8.4 iCarbonX Medical Artificial Intelligence Revenue (US$ Million) & (2019-2024)
7.8.5 iCarbonX Recent Developments
7.9 Spring Rain Software
7.9.1 Spring Rain Software Profile
7.9.2 Spring Rain Software Main Business
7.9.3 Spring Rain Software Medical Artificial Intelligence Products, Services and Solutions
7.9.4 Spring Rain Software Medical Artificial Intelligence Revenue (US$ Million) & (2019-2024)
7.9.5 Spring Rain Software Recent Developments
7.10 Infervision Technology
7.10.1 Infervision Technology Profile
7.10.2 Infervision Technology Main Business
7.10.3 Infervision Technology Medical Artificial Intelligence Products, Services and Solutions
7.10.4 Infervision Technology Medical Artificial Intelligence Revenue (US$ Million) & (2019-2024)
7.10.5 Infervision Technology Recent Developments
7.11 Zhejiang Taimei Medical Technology Co., Ltd
7.11.1 Zhejiang Taimei Medical Technology Co., Ltd Profile
7.11.2 Zhejiang Taimei Medical Technology Co., Ltd Main Business
7.11.3 Zhejiang Taimei Medical Technology Co., Ltd Medical Artificial Intelligence Products, Services and Solutions
7.11.4 Zhejiang Taimei Medical Technology Co., Ltd Medical Artificial Intelligence Revenue (US$ Million) & (2019-2024)
7.11.5 Zhejiang Taimei Medical Technology Co., Ltd Recent Developments
7.12 Sipai(Beijing)Network Techology Co.,Ltd.
7.12.1 Sipai(Beijing)Network Techology Co.,Ltd. Profile
7.12.2 Sipai(Beijing)Network Techology Co.,Ltd. Main Business
7.12.3 Sipai(Beijing)Network Techology Co.,Ltd. Medical Artificial Intelligence Products, Services and Solutions
7.12.4 Sipai(Beijing)Network Techology Co.,Ltd. Medical Artificial Intelligence Revenue (US$ Million) & (2019-2024)
7.12.5 Sipai(Beijing)Network Techology Co.,Ltd. Recent Developments
7.13 TINAVI Medical Technologies Co.,Ltd.
7.13.1 TINAVI Medical Technologies Co.,Ltd. Profile
7.13.2 TINAVI Medical Technologies Co.,Ltd. Main Business
7.13.3 TINAVI Medical Technologies Co.,Ltd. Medical Artificial Intelligence Products, Services and Solutions
7.13.4 TINAVI Medical Technologies Co.,Ltd. Medical Artificial Intelligence Revenue (US$ Million) & (2019-2024)
7.13.5 TINAVI Medical Technologies Co.,Ltd. Recent Developments
7.14 Anhui iFLYHealth Co.,Ltd.
7.14.1 Anhui iFLYHealth Co.,Ltd. Profile
7.14.2 Anhui iFLYHealth Co.,Ltd. Main Business
7.14.3 Anhui iFLYHealth Co.,Ltd. Medical Artificial Intelligence Products, Services and Solutions
7.14.4 Anhui iFLYHealth Co.,Ltd. Medical Artificial Intelligence Revenue (US$ Million) & (2019-2024)
7.14.5 Anhui iFLYHealth Co.,Ltd. Recent Developments
7.15 Spiritual Doctor Zhihui
7.15.1 Spiritual Doctor Zhihui Profile
7.15.2 Spiritual Doctor Zhihui Main Business
7.15.3 Spiritual Doctor Zhihui Medical Artificial Intelligence Products, Services and Solutions
7.15.4 Spiritual Doctor Zhihui Medical Artificial Intelligence Revenue (US$ Million) & (2019-2024)
7.15.5 Spiritual Doctor Zhihui Recent Developments
7.16 General Electric
7.16.1 General Electric Profile
7.16.2 General Electric Main Business
7.16.3 General Electric Medical Artificial Intelligence Products, Services and Solutions
7.16.4 General Electric Medical Artificial Intelligence Revenue (US$ Million) & (2019-2024)
7.16.5 General Electric Recent Developments
7.17 Google
7.17.1 Google Profile
7.17.2 Google Main Business
7.17.3 Google Medical Artificial Intelligence Products, Services and Solutions
7.17.4 Google Medical Artificial Intelligence Revenue (US$ Million) & (2019-2024)
7.17.5 Google Recent Developments
7.18 Medtronic
7.18.1 Medtronic Profile
7.18.2 Medtronic Main Business
7.18.3 Medtronic Medical Artificial Intelligence Products, Services and Solutions
7.18.4 Medtronic Medical Artificial Intelligence Revenue (US$ Million) & (2019-2024)
7.18.5 Medtronic Recent Developments
7.19 Johnson
7.19.1 Johnson Profile
7.19.2 Johnson Main Business
7.19.3 Johnson Medical Artificial Intelligence Products, Services and Solutions
7.19.4 Johnson Medical Artificial Intelligence Revenue (US$ Million) & (2019-2024)
7.19.5 Johnson Recent Developments
7.20 Siemens
7.20.1 Siemens Profile
7.20.2 Siemens Main Business
7.20.3 Siemens Medical Artificial Intelligence Products, Services and Solutions
7.20.4 Siemens Medical Artificial Intelligence Revenue (US$ Million) & (2019-2024)
7.20.5 Siemens Recent Developments
7.21 Nvidia Corporation
7.21.1 Nvidia Corporation Profile
7.21.2 Nvidia Corporation Main Business
7.21.3 Nvidia Corporation Medical Artificial Intelligence Products, Services and Solutions
7.21.4 Nvidia Corporation Medical Artificial Intelligence Revenue (US$ Million) & (2019-2024)
7.21.5 Nvidia Corporation Recent Developments
8 Industry Chain Analysis
8.1 Medical Artificial Intelligence Industrial Chain
8.2 Medical Artificial Intelligence Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Medical Artificial Intelligence Sales Model
8.5.2 Sales Channel
8.5.3 Medical Artificial Intelligence Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
Ali Health
Ping An Healthcare And Technology Company Limited.
Tencent
Tianjin Happy Life Technology Co., Ltd.
WeDoctor
Beijing Dongruan Wanghai Technology Co., Ltd.
Unisound AI Technology Co., Ltd.
iCarbonX
Spring Rain Software
Infervision Technology
Zhejiang Taimei Medical Technology Co., Ltd
Sipai(Beijing)Network Techology Co.,Ltd.
TINAVI Medical Technologies Co.,Ltd.
Anhui iFLYHealth Co.,Ltd.
Spiritual Doctor Zhihui
General Electric
Google
Medtronic
Johnson
Siemens
Nvidia Corporation
Ìý
Ìý
*If Applicable.
