AI has proved to be a boon in many fields, topping every existing technology and becoming an independent human brain-like program. The medical field is no different, as it has also undergone renovation with AI’s help. Companies have quickly accepted, adopted, and implemented AI in their diagnostics. Let us examine the top 10 key players of artificial intelligence (AI) in medical diagnostics market.
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Intel Corporation
Headquarters: Santa Clara, California, USA
Established Date: 1968
Intel Corporation has been a key contributor to AI in medical diagnostics by developing hardware and software solutions that power AI applications. Their processors and accelerators enable faster and more efficient AI computations, facilitating the development and deployment of AI models in healthcare.
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Google
Headquarters: Mountain View, California, USA
Established Date: 1998
Google has made significant contributions to the artificial intelligence (AI) in medical diagnostics market through its research and development initiatives. They have developed AI algorithms for image analysis, natural language processing, and predictive modeling that have been applied to various healthcare domains.
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IBM Corporation
Headquarters: Armonk, New York, USA
Established Date: 1911
IBM Corporation has been at the forefront of AI in medical diagnostics with its Watson Health platform. IBM has also collaborated with healthcare institutions to develop AI models for the early detection of diseases like Alzheimer’s and cancer and to optimize workflows for radiologists and pathologists.
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Microsoft Corporation
Headquarters: Redmond, Washington, USA
Established Date: 1975
Microsoft Corporation has been actively involved in AI advancements in medical diagnostics. Their Azure cloud platform provides infrastructure and tools for developing and deploying AI models in healthcare. Recently, they have been working on AI-powered systems for diagnosing rare diseases and have focused on improving AI interpretability and explainability in medical settings.
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Enlitic Inc.
Headquarters: San Francisco, California, USA
Established Date: 2014
Enlitic is a company that has made significant strides in the artificial intelligence (AI) in medical diagnostics market. They specialize in using deep learning algorithms to analyze medical images and provide automated, accurate, and efficient diagnostics. Enlitic’s recent developments include collaborations with healthcare organizations to develop AI models for diagnosing lung cancer and other diseases.
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Siemens Healthcare
Headquarters: Erlangen, Germany
Established Date: 1847
Siemens Healthcare is a major player in the integration of AI into medical diagnostics. They have developed AI-powered imaging and diagnostic solutions that improve the accuracy and efficiency of medical imaging interpretation. Siemens Healthcare’s recent advancements include the use of AI algorithms for automated organ segmentation, detection of abnormalities in medical images, and personalized treatment planning.
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Zebra Medical Vision Inc.
Headquarters: Shefayim, Israel
Established Date: 2014
Zebra Medical Vision is a company that has made significant contributions to AI in medical diagnostics. They utilize machine learning algorithms to analyze medical images and aid in the detection of various diseases and conditions. Zebra Medical Vision’s recent developments include the application of AI for the early detection of osteoporosis and cardiovascular risk assessment.
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Riverain Technologies
Headquarters: Miamisburg, Ohio, USA
Established Date: 2000
Riverain Technologies has been at the forefront of the artificial intelligence (AI) in medical diagnostics market, particularly lung disease detection. Their AI algorithms assist radiologists in analyzing chest X-rays and CT scans to identify and characterize lung nodules and other abnormalities. Riverain Technologies’ recent development includes the integration of their AI solutions with major medical imaging platforms, making their technology more accessible and impactful in clinical practice.
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Imagen Technologies
Headquarters: New York City, New York, USA
Established Date: 2015
Imagen Technologies has been actively contributing to AI in medical diagnostics with its cloud-based medical imaging platform. They leverage AI algorithms to enhance medical image management, analysis, and collaboration. Imagen Technologies’ recent advancements include the integration of AI for automated triage and prioritization of medical images, improving the efficiency of radiology workflows and enabling faster diagnoses.
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GE Healthcare
Headquarters: Chicago, Illinois, USA
Established Date: 1892
GE Healthcare has been a significant player in AI applications for medical diagnostics. They have integrated AI algorithms into their medical imaging systems and diagnostic platforms to improve accuracy, speed, and clinical decision-making. GE Healthcare’s recent developments include the use of AI for the detection and characterization of various diseases, such as liver disease, breast cancer, and neurological conditions.
The artificial intelligence (AI) in medical diagnostics market was valued at USD 562.3 million in 2023 and is expected to grow at a CAGR of 26.1%, generating a whooping revenue of USD 5225.4 million by 2032. Key players play a huge role in boosting the market to this extent. Medicine is blessed with AI and these market key players are the angels that provide the facilities to the common people.