What’s driving the APAC radiology AI market?

Higher investments are enabling solution providers to expand in the region.

The growing presence of industry players in emerging markets such as China, India, and Southeast Asia is driving considerable expansion in the Asia-Pacific radiology AI sector.

Increasing awareness about AI-driven diagnostic tools and imaging systems are also expected to fuel adoption in hospitals, imaging centres, and research institutions, according to a MarketsandMarkets report.

On a global scale, the radiology AI market is expected to reach $2.27b by 2030 at a compound annual growth rate of 24.5%.

Increased government investments in healthcare infrastructure in countries such as China, India, and Thailand are creating opportunities for solution providers to expand their footprint in the region.

“These AI technologies are being applied across healthcare, including medical imaging and diagnostics, where they enhance the speed and accuracy of disease detection through analysis of X-rays, CT scans, and MRIs,” the report said.

The ageing population is increasing the demand for such solutions.