Artificial Intelligence in Neurology Market Size to Hit USD 48 Million in 2023

Global Artificial Intelligence in Neurology Market Overview:

MarkNtel Advisors has recently published a detailed research report on the Global Artificial Intelligence in Neurology Market. The report is specifically tailored to offer valuable insights and support for clients navigating this dynamic market. It focuses on key objectives such as predicting trends, gaining a profound understanding of market perspectives, identifying strategic investment opportunities, and evaluating potential business partners.

Artificial Intelligence in Neurology Market Insights and Analysis

The Global Artificial Intelligence in Neurology Market size was valued at USD 48 Million in 2023 and is projected to grow at a CAGR of around 46% during the forecast period, i.e., 2024-30. Our comprehensive report provides a thorough examination of market players, opportunities, and valuable insights, equipping our clients with the indispensable information needed to make well-informed decisions within this dynamically evolving environment.

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Insights into Dominant Segments in the Artificial Intelligence in Neurology Market

By analysing each Segments, including

-By Component

Hardware
Software-as-a-Service (SaaS)

By acquiring the largest share of Artificial Intelligence in Neurology Market, the Software-as-a-Service component is likely to witness significant growth during 2024-30. It owes to the mounting need for AI-powered software tools & cloud-based solutions for precisely interpreting medical images of patients and the advancing technologies in proteomics, MRI & CT scans for accurate detection & analysis of diseases.

The rising demand for advanced software solutions to yield more efficiency and security in healthcare devices and improve real-time decision-making is another crucial aspect projected to drive the demand for software-based AI platforms in the coming years.

-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 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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Artificial Intelligence in Neurology Market Geographical Reach:

The Artificial Intelligence in Neurology Market Geographical Reach assesses the distribution and prominence of consumption, highlighting regions that dominate in terms of market size, volume, and promising future growth prospects.

-By Region

North America
South America
Europe
The Middle East & Africa
Asia-Pacific

Clients can concentrate their investments on the segments that present the most favourable prospects. This strategic methodology empowers clients to fine-tune their investment portfolio and attain enduring growth within the Artificial Intelligence in Neurology market.

Current Landscape of Artificial Intelligence in Neurology Market

The key players profiled in the research report are

ActivSurgical Inc.
Brainomix Limited
Caresyntax Corp
Neosama Inc.
ExplORer Surgical Corp
Surgalign Spine Technology Inc.
LeanTaaS Inc.
Medtronic Plc
Scalpel Limited
Theator Inc.
Others

In light of the ongoing rapid transformations within the Artificial Intelligence in Neurology market, retaining a strategic advantage is paramount for both businesses and investors. At MarkNtel Advisors, we exactly identify and study every notable player, taking into account their recent product launches, mergers, acquisitions, and collaborations. This thorough analysis assists our clients in making more accurate projections and staying competitive in the market.

Artificial Intelligence in Neurology Market Future Prospects

The outlook for Artificial Intelligence in Neurology appears favourable in terms of both revenue share and sales, as evidenced by the market trends. Anticipating continued robust growth over the next five years, market participants are expected to further bolster their portfolios by harnessing technological advancements within the industry. Adding to the market's attractiveness is the widespread application of the product/service across various end-users, allowing market players to establish a solid presence across continents.

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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).

Frequently Asked Questions

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