Global Quick Overview of the Artificial Intelligence in Neurology Market Analysis
The Artificial Intelligence in Neurology Market Analysis, research report provides an in-depth market study with qualitative and quantitative research of the continuing industry trends, opportunities, growth areas, drivers, and challenges, which would enable stakeholders to align their market strategies according to the present & future market dynamics.
Detailed Analysis of Artificial Intelligence in Neurology Industry (2024-30): Reveals Further Growth &Market Expansion
According to the most recent study, the Global Artificial Intelligence in Neurology Market is valued at around USD 48 million in 2023 and is estimated to grow at a CAGR of about 46% during the forecast period, i.e., 2024-30. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, regional landscape, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2024-30.
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Global Artificial Intelligence in Neurology Market Opportunity
Personalized Treatment Creating Opportunity for AI’s in Enhancing Neurology Care – Treatment personalization through AI presents a significant market opportunity in the field of neurology. As AI continues to advance, it can effectively analyze vast datasets, including genetic information, to create highly customized treatment plans for patients with neurological disorders. This level of personalization holds immense potential for improving patient outcomes & reducing adverse effects.
By analyzing an individual’s genetic predisposition, response to previous treatments, lifestyle factors, and disease progression, AI could assist healthcare providers in making more informed decisions regarding medications, therapies, and interventions. This would enhance the quality of care and contribute to patient satisfaction & adherence to treatment regimens. Consequently, creating profitable opportunities for the Artificial Intelligence in Neurology Market in the forecast years.
Artificial Intelligence in Neurology Market Segmentation Analysis
-By Indication
- Neuro Technology- Market Size & Forecast 2019-2030, USD Million’
- Neurosurgery- Market Size & Forecast 2019-2030, USD Million
-By Application
- Screening & Diagnosis – Market Size & Forecast 2019-2030, USD Million
- Treatment – Market Size & Forecast 2019-2030, USD Million
- Research & Development- Market Size & Forecast 2019-2030, USD Million
- Training- Market Size & Forecast 2019-2030, USD Million
- Surgical Planning & Rehabilitation- Market Size & Forecast 2019-2030, USD Million
- Others- Market Size & Forecast 2019-2030, USD Million
-By Type
- Oncology- Market Size & Forecast 2019-2030, USD Million
- Neurodegeneration- Market Size & Forecast 2019-2030, USD Million
- Neurovascular- Market Size & Forecast 2019-2030, USD Million
- Traumatic Brain Injury- Market Size & Forecast 2019-2030, USD Million
- Spinal Cord Injury- Market Size & Forecast 2019-2030, USD Million
-By Technology
- Machine Learning (ML) & Deep Learning (DL)- Market Size & Forecast 2019-2030, USD Million
- Natural Language Processing (NLP) – Market Size & Forecast 2019-2030, USD Million
- Others (Context Aware Computing, Computer Vision) – Market Size & Forecast 2019-2030, USD Million
-By Components
- Hardware- Market Size & Forecast 2019-2030, USD Million
- Software-as-a-Service(SaaS) – Market Size & Forecast 2019-2030, USD Million
-By End User
- Hospitals- Market Size & Forecast 2019-2030, USD Million
- Diagnosis Centers- Market Size & Forecast 2019-2030, USD Million
- Others (Surgical Center, Research Center, Clinic) – Market Size & Forecast 2019-2030, USD Million
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Geographical Analysis:
-By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
North America is projected to lead the Global Artificial Intelligence in Neurology Market over the forecast years. It owes to the region being an early adopter of modern technologies for healthcare, coupled with the strong base of leading market players headquartered across the US.
The increasing number of start-ups in the region & massive investments in Healthcare Information Technology (HCIT) toward developing new therapies are other crucial aspects expected to drive the North America Artificial Intelligence in Neurology Market in the future years.
Key Players and Competitive Strategies in the Artificial Intelligence in Neurology Market
The report provides a study that looks at the requirements for manufacturing and processing, project expenses, finance, and economics, as well as projected profit margins and returns on investment. This also helps in identifying the major market players in the market such as:
- ActivSurgical Inc.
- Brainomix Limited
- Caresyntax Corp
- Neosama Inc.
- ExplORer Surgical Corp
- Surgalign Spine Technology Inc.
- LeanTaaS Inc.
- Medtronic Plc
- Scalpel Limited
- Theator Inc.
- Others
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Global Artificial Intelligence in Neurology Industry Recent Development:
- 2023: Surgalign Spine Technologies, Inc. announced the release of Holo AI insights for neurovascular research to automatically segment medical images, measure anatomic structures, automate pedicle screw planning, and perform other tasks.
- 2022: Neosoma Inc. announced to received FDA clearance for its first AI-based Neuro-Oncology Software, Neosoma HGG (High-Grade Glioma).
Key Report Highlights
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
Key Questions Answered in the Research Report
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What key factors would propel and impede the industry across the globe?
- How has the industry been evolving in terms of geography and product adoption?
- How has the competition been shaping up across various regions?
- How have buying behaviour, customer inclination, and expectations from product manufacturers been evolving during 2024-30?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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