Global Computer Vision in Healthcare Market to Reach USD 11,487.07 Million by 2032 | CAGR of 21.3%
Category : Pharmaceuticals | Published Date : Jan 2025 | Type : Press Release
Computer Vision in Healthcare Market Scope & Overview:
In the newly published report, Consegic Business Intelligence states that the Computer Vision in Healthcare Market was valued at USD 2,450.85 million in 2024 and is projected to grow at a CAGR of 21.3%, reaching USD 11,487.07 million by 2032. Computer vision in healthcare utilizes advanced algorithms and artificial intelligence (AI) to interpret medical images and videos, enhancing diagnostic accuracy and streamlining workflows. It supports applications such as medical imaging, robotic surgery, patient monitoring, and drug discovery, with key benefits including improved diagnostic precision and reduced human error.
The report comprises the Computer Vision in Healthcare Market Share, Size & Industry Analysis, based on Component (Hardware, Software, Services), Application (Medical Imaging & Diagnostics, Surgery Assistance, Patient Monitoring, Drug Discovery, Others), Deployment Mode (On-Premises, Cloud-Based Solutions), Technology (Machine Learning, Pattern Recognition, Deep Learning, Context-Aware Computing), Medical Specialty (Radiology, Cardiology, Oncology, Neurology, Pathology, Others), Functionality (Image Analysis, Video Analysis, Text Data Analysis), End-User (Hospitals & Clinics, Diagnostic Centers, Ambulatory Surgical Centers, Research Institutions), and Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa), and Forecast, 2025-2032.
The report contains detailed information on Computer Vision in Healthcare Market Trends, Opportunities, Value, Growth Rate, Segmentation, Geographical Coverage, Company Profiles, In-depth Expert Analysis, Revenue Forecast, Competitive Landscape, Growth Factors, Restraints or Challenges, Environment & Regulatory Landscape, PESTLE Analysis, PORTER Analysis, Key Technology Landscape, Value Chain Analysis, and Cost Analysis.
The increasing integration of computer vision in medical imaging for enhanced diagnostics and the rising demand for AI-powered robotic surgeries are driving market growth. Additionally, the development of cloud-based healthcare solutions presents substantial opportunities for market expansion.
Segmental Analysis :
Based on component, the market is segmented into Hardware, Software, and Services.
- Hardware accounted for the largest market share in 2024 due to the widespread use of GPUs, CPUs, cameras, and sensors in medical imaging and diagnostics. These components enable efficient data processing and real-time analysis.
- Services are expected to grow at the fastest rate, driven by increasing demand for implementation, support, and maintenance services to optimize healthcare workflows.
Based on application, the market is segmented into Medical Imaging & Diagnostics, Surgery Assistance, Patient Monitoring, Drug Discovery, and Others.
- Medical imaging & diagnostics held the largest market share in 2024, supported by advancements in AI-driven image analysis for early disease detection.
- Surgery assistance is projected to grow at the fastest rate, driven by the adoption of computer vision in minimally invasive and robotic surgeries.
Based on deployment mode, the market is segmented into On-Premises and Cloud-Based Solutions.
- Cloud-based solutions led the market in 2024 due to their scalability, cost-efficiency, and ability to process large datasets across multiple healthcare facilities.
- On-premises solutions are expected to grow rapidly due to data privacy and security concerns in healthcare organizations.
Based on technology, the market is segmented into Machine Learning, Pattern Recognition, Deep Learning, and Context-Aware Computing.
- Deep learning accounted for the largest share in 2024, offering high diagnostic accuracy through advanced data analysis and pattern detection.
- Machine learning is anticipated to grow at the fastest rate, enabling predictive analytics and automation in personalized medicine.
Based on medical specialty, the market is segmented into Radiology, Cardiology, Oncology, Neurology, Pathology, and Others.
- Radiology dominated the market in 2024 due to extensive use in image analysis and early disease detection.
- Oncology is projected to grow at the fastest rate due to rising cancer cases and advancements in AI-powered diagnostic tools.
Based on functionality, the market is segmented into Image Analysis, Video Analysis, and Text Data Analysis.
- Image analysis held the largest market share in 2024, primarily used in diagnostics and treatment planning.
- Video analysis is expected to grow at the fastest rate, driven by its role in real-time surgical assistance and patient monitoring.
Based on end-user, the market is segmented into Hospitals & Clinics, Diagnostic Centers, Ambulatory Surgical Centers, and Research Institutions.
- Hospitals & clinics accounted for the largest market share in 2024 due to their comprehensive adoption of advanced imaging and diagnostic tools.
- Research institutions are projected to grow rapidly, supported by investments in AI-driven healthcare research and drug discovery.
Based on regions, the market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
- North America dominated the market in 2024, valued at USD 812.97 million, driven by advanced healthcare infrastructure and high adoption of AI in diagnostics.
- Asia-Pacific is projected to register the fastest CAGR of 21.8%, fueled by rising healthcare investments and increasing adoption of innovative technologies in countries like China, Japan, and India.
| Report Attributes | Report Details |
| Study Timeline | 2019-2032 |
| Market Size in 2032 | USD 11,487.07 Million |
| CAGR (2025-2032) | 21.3% |
| Component | Hardware, Software, Services |
| Application | Medical Imaging & Diagnostics, Surgery Assistance, Patient Monitoring, Drug Discovery, Others |
| Deployment Mode | On-Premises, Cloud-Based Solutions |
| Technology | Machine Learning, Pattern Recognition, Deep Learning, Context-Aware Computing |
| Medical Specialty | Radiology, Cardiology, Oncology, Neurology, Pathology, Others |
| Functionality | Image Analysis, Video Analysis, Text Data Analysis |
| End-User | Hospitals & Clinics, Diagnostic Centers, Ambulatory Surgical Centers, Research Institutions |
| By Region | North America(U.S., Canada, Mexico) Europe(U.K., Germany, France, Spain, Italy, Russia, Benelux, Rest of Europe) APAC(China, South Korea, Japan, India, Australia, ASEAN, Rest of Asia-Pacific) Middle East & Africa(GCC, Turkey, South Africa, Rest of MEA) LATAM(Brazil, Argentina, Chile, Rest of LATAM) |
Top Key Players & Competitive Landscape :
The competitive landscape encompasses major innovators, aftermarket service providers, industry giants, and niche players, all of which are thoroughly examined by Consegic Business Intelligence in terms of their strengths, weaknesses, and value-addition potential. This report includes detailed profiles of key players, market share analysis, mergers and acquisitions, resulting market fragmentation, and emerging partnership trends and dynamics.
List of prominent players in the Computer Vision in Healthcare Industry:
- IBM Corporation (United States)
- Google Health (United States)
- Microsoft Corporation (United States)
- Siemens Healthineers (Germany)
- GE Healthcare (United States)
- Philips Healthcare (Netherlands)
- NVIDIA Corporation (United States)
- Canon Medical Systems Corporation (Japan)
- Zebra Medical Vision (Israel)
- VUNO Inc. (South Korea)
Recent Industry Developments :
- March 2024: Siemens Healthineers launched the Cinematic Reality app for Apple Vision Pro, enabling interactive holograms for medical training.
- July 2024: Medibank Private and Macquarie Group explored acquiring ForHealth to expand primary healthcare services.
- February 2024: GE Healthcare partnered with NVIDIA to accelerate AI-powered medical imaging technologies.
