Computer Vision in Healthcare Market

The computer vision in healthcare market is projected to reach USD 11.5 billion by 2029 from USD 3.9 billion in 2024, at a high CAGR of 24.0% during the forecast period. The expansion of this market is contributed by the increasing adoption of automation tasks like image analysis in scans, diagnostics, remote patient monitoring and methodologies in medical imaging, personalized medicine  along with improved diagnostic accuracy. Nevertheless, the market's growth is hampered by the algorithm challenge, high cost implementation, regulation in data privacy and robust security for sensitive medical data is a major concern.

Prominent players in the computer vision in healthcare market include NVIDIA Corporation (US), Intel Corporation (US), Microsoft Corporation (US), Advanced Micro Devices, Inc. (US), Google, Inc. (US), Basler AG (Germany), AiCure (US), iCAD, Inc. (US), Thermo Fisher Scientific Inc. (US), SenseTime (China),  KEYENCE CORPORATION (Japan), Assert AI (India), Artisight (US), LookDeep Inc. (US), care.ai (US), CareView Communications (US), VirtuSense (US), Teton (Denmark), viso.ai (Switzerland), NANO-X IMAGING LTD. (Israel), Comofi Medtech Pvt. Ltd. (India), Avidtechvision (India), Roboflow, Inc. (US), Optotune (US) and CureMetrix, Inc. (US). These companies adopted strategies such as product launches, expansions, agreements, partnerships, collaborations, and acquisitions to strengthen their market presence in the Computer Vision in Healthcare market.

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NVIDIA Corporation is renowned for its development of GPUs, offering value to consumers across PC, mobile, and cloud platforms. Evolving from a primary focus on PC graphics, the company now places significant emphasis on machine learning and various other AI technologies. NVIDIA operates through two main reportable segments: Compute & Networking and Graphics. The Compute & Networking segment encompasses a range of components, including Data Center accelerated computing platforms and comprehensive networking platforms, such as Quantum for InfiniBand and Spectrum for Ethernet. Notably, technologies like ChatGPT were trained using NVIDIA's vast infrastructure, leveraging 10,000 GPUs clustered together within a Microsoft computer. With over 40 offices spanning the Americas, Asia, and Europe, NVIDIA boasts a broad geographic presence through subsidiaries like ADEIA Technologies Switzerland AG, Icera Canada ULC, NVIDIA Brasil Computação Visual Limitada, NVIDIA Development UK Limited (UK and Wales), NVIDIA Entertainment Devices Co., Ltd. (China), NVIDIA Graphics Private Limited (India), and NVIDIA GmbH (Germany).

Intel Corporation designs and manufactures foundational technologies that drive the evolution of the cloud and an increasingly interconnected world. The company provides computing, networking, data storage, and communication solutions to a diverse range of customers across various industries. Intel operates through several major segments, including Client Computing, Data Center & AI, Network and Edge, Mobileye, Intel Foundry Services, and All Other. Its product portfolio encompasses a wide array of offerings, such as devices, processors, boards & kits, chipsets, solid-state drives, server products, networking & communication solutions, wireless technologies, and software & services. Noteworthy subsidiaries of Intel include Intel European Finance Corporation (Cayman Islands), McAfee Suomi Funding LLC (US), Intel Deutschland GmbH (Germany), Intel Deutschland GmbH (Israel), Intel Holdings B.V (Netherlands), Intel Technology Sdn. Berhad (Malaysia), Intel Corporation (UK) Ltd., Intel International Finance CVBA (Belgium), and Intel China Finance Holding (HK) Limited (Hong Kong).

Microsoft Corporation operates across three business divisions: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. It delivers a range of cloud-based services, applications, and solutions tailored for enterprises, complemented by support and consulting services. Microsoft also designs, manufactures, and markets devices that seamlessly integrate with its cloud offerings. The Microsoft Azure platform, a cornerstone of its cloud services, provides a comprehensive suite of computing, networking, storage, database, and management solutions for businesses. The company serves diverse industries, including communications & media, healthcare, hospitality & transportation, manufacturing & resources, and retail & consumer goods. With a global presence spanning over 190 countries, Microsoft is a prominent player in the technology landscape. Among its subsidiaries are Microsoft FSC Corp. (US, Virgin Islands), Microsoft Manufacturing B.V. (Netherlands), Microsoft Puerto Rico, Inc., Microsoft de Argentina S.A., Microsoft Pty Limited (Australia), Microsoft Gesellschaft m.b.H. (Austria), and Microsoft N.V. (Belgium).

Related Reports:

Computer Vision in Healthcare Market by Product (Processor, Software, Memory Device, Services), Type (Smart Camera), Application (Imaging, Surgery, Hospital Management (Patient Provider Tracking, Scheduling)), End User & Region - Global Forecast to 2029

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