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The global artificial intelligence in medical imaging market was valued at USD 1.62 Billion in 2025, driven by the rising demand for early diagnosis and growing healthcare data volume across the globe. The market is anticipated to grow at a CAGR of 22.50% during the forecast period of 2026-2035, with the values likely to reach USD 12.33 Billion by 2035. The market is driven by increasing accuracy and efficiency in image analysis, along with expanding applications across diagnostics. Advancements in deep learning and rising healthcare investments will support future growth.
Base Year
Historical Period
Forecast Period
Over 10,000 people die daily from cardiovascular diseases in the European Region, driven by high salt intake and hypertension. This growing disease burden is significantly fueling the demand for AI-powered medical imaging for early detection and diagnosis.
In June 2025, Perimeter Medical Imaging AI launched the OCT-Tissue Registry to enhance AI model training with real-world surgical data, which is expected to accelerate innovation and significantly contribute to market growth in medical imaging AI.
One of the key market trends includes strategic collaborations to advance AI in imaging. For instance, in May 2025, Philips partnered with NVIDIA to develop an AI-powered MRI model to enhance diagnostic accuracy and efficiency.
Compound Annual Growth Rate
22.5%
Value in USD Billion
2026-2035
*this image is indicative*
Artificial Intelligence is transforming medical imaging by enhancing image analysis, streamlining workflows, and supporting more accurate diagnoses. It enables faster interpretation of complex imaging data, helping clinicians make timely and informed decisions in patient care. The market is witnessing robust growth, fueled by technological advancements, rising demand for early disease detection, and increasing adoption of AI-driven diagnostic solutions. The market is poised to reach USD 12.33 Billion by 2035, as healthcare systems worldwide continue to integrate AI to improve efficiency, accuracy, and outcomes in medical imaging practices.
AI Integration in Cancer Imaging to Accelerate the Growth in the Market
The growing adoption of artificial intelligence to enhance cancer diagnosis is a key factor driving the market growth. For instance, in June 2025, a new AI-powered radiology service was launched through a collaboration between The Royal Marsden NHS Foundation Trust, NTT DATA, and CARPL.ai, funded by the NIHR. This service leverages AI to improve the speed and accuracy of detecting cancers such as lung, breast, brain, and prostate. By supporting faster clinical decisions and better-targeted treatments, the initiative underscores the expanding role of AI in diagnostic imaging, thereby fueling market growth.
Some of the notable trends in the market include the growing collaboration between industry and academia, as well as a shift toward cloud-based AI Software-as-a-Service (SaaS) transformation.
Rising Industry and Academic Collaborations to Accelerate the Market Value
The market is witnessing a rising trend of industry-academic collaborations to advance AI integration in diagnostics. In June 2025, Perspectum partnered with the London Institute for Healthcare Engineering to accelerate the development of AI-powered imaging tools for conditions such as cancer and metabolic diseases. Such alliances are strengthening innovation pipelines and are likely to enhance market growth by translating research into real-world clinical solutions.
Shift Towards Cloud-Based AI SaaS Transformation to Enhance the Artificial Intelligence in Medical Imaging Market Demand
The market is witnessing a strong shift toward cloud-based solutions, significantly enhancing accessibility and scalability. For instance, in December 2024, ConcertAI launched a cloud-based Software-as-a-Service (SaaS) version of its TeraRecon portfolio, integrating advanced visualization and generative AI tools into a unified platform. This transformation aligns with the healthcare sector’s increasing adoption of cloud technologies, reinforcing consistent AI-enabled clinical workflows. Such advancements are likely to boost market growth significantly.
Oncology to Lead the Market Segmentation by Application
As artificial intelligence continues to revolutionize healthcare, its integration into medical imaging is reshaping diagnostic precision and patient outcomes. Applications span across oncology, cardiology, neurology, gynecology, ophthalmology, and others. Among these, oncology is projected to lead the market, driven by the global rise in cancer cases and the pressing need for accurate, early detection. According to the World Health Organization (WHO) 2024, 1 in 5 individuals will develop cancer in their lifetime. With only 39% of countries covering core cancer care, AI in oncology imaging is emerging as a critical, transformative tool. This growing reliance on AI technologies in oncology underscores their pivotal role in advancing global medical imaging care.
The market is divided into regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Among these, North America leads the market, driven by advanced healthcare systems, high adoption of innovative technologies, and strong investments in AI-based solutions. In December 2024, Philips launched Philips CT 5300 at RSNA 2024, featuring end-to-end AI-driven smart workflow and advanced visualization tools, in North America. Europe and Asia-Pacific are also emerging with growing adoption of AI in diagnostic imaging, supported by expanding healthcare infrastructure and rising demand for precision medicine.
The artificial intelligence in medical imaging market research report by Expert Market Research provides an in-depth analysis of the competitive landscape, offering key insights into patent filings, grants, funding trends, investments, and strategic initiatives by major players. It tracks recent investments, mergers, acquisitions, and partnerships that showcase the market's growth trajectory. Additionally, the report details strategic activities by leading companies, including regional expansions, adoption of new technologies, and efforts to enhance capacity, helping stakeholders better understand the market dynamics and positions of key industry players. Some of the leading players are as follows:
GE HealthCare, a global leader in medical technology and digital solutions, has significantly enhanced its role in the artificial intelligence in medical imaging market. In January 2025, it announced a strategic collaboration with Sutter Health. The multi-year partnership focuses on deploying advanced AI-powered imaging systems, including AIR™ Recon DL, Omni Legend PET/CT, StarGuide SPECT/CT, and Caption AI ultrasound—across more than 300 facilities, improving diagnostic accuracy, workflow efficiency, and patient access.
Microsoft Corporation is advancing the artificial intelligence in medical imaging market through Project InnerEye, a research initiative under Microsoft Health Futures. The project focuses on AI-powered tools for the automated analysis of 3D medical images using Azure Machine Learning. Collaborations with institutions like Cambridge University Hospitals have led to innovations such as OSAIRIS, a cloud-based AI system that significantly reduces radiotherapy planning time, enhancing diagnostic efficiency and patient outcomes.
TEMPUS is a technology-driven precision medicine company that plays a significant role in the market. It offers AI-enabled imaging solutions such as Tempus Pixel, tailored for oncology, radiology, lung, breast, and cardiac care. These solutions utilize advanced algorithms for automated lesion segmentation, quantification, and longitudinal tracking, enhancing diagnostic accuracy and clinical decision-making across over 100 health systems.
Butterfly Network, Inc., a digital health company founded in 2011, is revolutionizing medical imaging through its AI-driven handheld ultrasound device, the Butterfly iQ+. In 2023, the company received FDA clearance for its AI-enabled Auto B-line Counter, designed to streamline lung assessments by using deep learning to detect B-lines in ultrasound images. This advancement strengthens Butterfly’s role in the global artificial intelligence in medical imaging market by offering faster, more accurate diagnostic tools at the point of care.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other key players in the market include HeartFlow, Inc., Enlitic, Inc., Canon Medical Systems Corporation, Viz.ai, Inc., EchoNous, Inc., and Exo Imaging, Inc., among others.
The market report offers a detailed analysis of the market based on the following segments:
Market Breakup by Component
Market Breakup by Modality
Market Breakup by Application
Market Breakup by End User
Market Breakup by Region
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Component |
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| Breakup by Modality |
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| Breakup by Application |
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| Breakup by End User |
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