Artificial Intelligence
Global Point-of-Care Imaging Devices Market Worth $19.84B by 2030 – Analysis of 23 Leading Countries and 16 Players
Dublin, Sept. 01, 2020 (GLOBE NEWSWIRE) — The “Global Point-of-Care Imaging Devices Market: Focus on Product Type, Technology Type, Clinical Utility, Application, End User, 23 Countries’ Data, COVID-19 Impact, and Competitive Landscape – Analysis and Forecast, 2020-2030” report has been added to ResearchAndMarkets.com’s offering.
The Global Point-of-Care Imaging Devices Market was valued to be $8.66 billion in 2019 and is anticipated to witness an impressive double-digit growth rate, to reach $19.84 billion by 2030.
Point-of-Care imaging devices refer to diagnostic imaging devices that can be taken to where the patient is, instead of carrying the patient to a specific location for a scan. One of the pivotal ideas driving the growth in the adoption of the PoC imaging devices is the need to go bedside. This is the prime objective of several startups in the market.
Thus, accessibility has higher importance than affordability. PoC imaging devices tend to be more affordable as they are smaller and do not involve additional costs. For instance, in the case of fixed MRI systems, the additional cost includes the cost of maintenance and copper-shielding, among others. However, PoC imaging devices, especially the handheld versions, are more economical and are driven by a growing connected world.
Global Market Scenario
This section encompasses information on the limitations and assumptions considered while sizing the market, along with the detailed description and impact analysis for the market dynamics, i.e., growth factors, challenges, and market opportunities. In addition, the report provides a detailed analysis and growth forecast for each segment in the subsequent sections. Country-wise analysis has been provided for 23 leading countries across the globe.
Industry Analysis
The industry analysis section encompasses a description of the industry structure as well as the whole supply chain. Furthermore, this section consists of other forms of analyses, such as patent analysis, impact on the market due to COVID-19, regulatory landscape, and awaited technological developments. The patent analysis section covers the filing trend and analyzes the impact of patent expiration on the market. This section will help the readers stay updated with the latest regulations as well as discuss how the market is likely to unfold during the next ten years.
Expert Quote
When thinking about some advanced medically developed countries such as Japan, or the U.S., there is still not enough Magnetic Resonance (MR) capacity. There are not enough MRI units in the world. The very fact that it has taken MRI forty years to get to 10% technology adoption indicates a poor adoption curve. A different model is needed for bringing the diagnostic value and power of MRI out into the world. PoC MRI is trying to do just that. – Christopher Ward (Commercial Leader – Strategy, Product Marketing, Business Development at Hyperfine Research)
Competitive Landscape
Market Share Analysis: This section includes key insights on the revenue share of the players operating in the market.
Key Strategies & Developments: The section provides information on the recent developments in the market, which includes the following categories – funding activities, partnerships, alliances and business expansions, regulatory and legal activities, and new offerings.
Key Companies
The key players contributing to the Global Point-of-Care Imaging Devices market are Siemens Healthineers, General Electric Company, Koninklijke Philips N.V., Canon, Inc., Hitachi Ltd., Fujifilm Holdings Corporation, Shimadzu Corporation (Japan), Samsung Medison, Canon, Inc., Stryker Corporation, Butterfly Network, Inc., Hyperfine Research, and Hologic, Inc., among others.
Key Questions Answered
- What are the key regulations governing the global point-of-care (PoC) imaging devices market?
- What are the key technological developments on which the current industry leaders are spending a major share of their R&D investment?
- How is the role of PoC Imaging devices expected to evolve in the future?
- What level of impact will the ongoing COVID-19 crisis have on the market in terms of change in demand and the functioning of the supply chain?
- Who are the leading players holding a major share of the PoC imaging devices market?
- What are the current business models and key strategies adopted by leading players, and how likely are those models to persist in future market scenarios?
- What are the key market drivers, restraints, opportunities, and trends?
- What is the patent landscape like in the global PoC imaging devices market?
- What is the current annual demand for PoC imaging devices across different regions, and their growth potential in the forecast period?
- What is the current revenue contribution of the different product types, and how would it change in the forecast period?
- What is the current revenue contribution of the different clinical utilities, and how would it change in the forecast period?
- What is the current revenue contribution of the different diagnostic applications, and how would it change in the forecast period?
- What is the current revenue contribution of the different end-users, and how would it change in the forecast period?
- What is the current revenue contribution of the different technologies and how would it change in the forecast period?
Key Topics Covered
1 Product Definition
1.1 Technology Exclusion Criteria
2 Scope of Research
2.1 Key Questions Answered in the Report
2.2 Forecast Period Selection Criteria
3 Research Methodology
3.1 Primary Research
3.2 Secondary Research
3.3 Data Sources and Categorization
3.4 Criteria for Company Profiles
3.5 Market Estimation and Forecast Methodology
3.6 Data Triangulation
3.7 Assumptions and Limitations
4 Awaited Technological Developments
4.1 Advanced Visualization Technologies Including 3D and Holographic Imaging
4.2 Advent of Artificial Imaging and Machine Learning
5 Industry Analysis
5.1 Industry Supply Chain Analysis
5.2 Impact of COVID-19
5.3 Regulatory Framework
5.3.1 Regulations for Diagnostic Imaging Systems in the U.S.
5.3.2 Regulations for Diagnostic Imaging Systems in Europe
5.3.3 Regulations in Japan
5.4 Patent Analysis
5.4.1 Patent Filing Trend
5.5 Reimbursement Scenario
5.5.1 U.S. Reimbursement Scenario
5.5.2 Europe Reimbursement Scenario
5.5.2.1 Germany Reimbursement System
5.5.2.2 France Reimbursement Scenario
5.5.3 U.K. Reimbursement Scenario
5.5.4 Japan Reimbursement Scenario
5.5.5 China Reimbursement Scenario
5.5.5.1 Provincial Reimbursement Issues
6 Competitive Landscape
6.1 Market Share Analysis
6.2 Key Strategies and Developments
6.2.1 Funding Activities
6.2.2 Partnerships, Alliances, and Business Expansions
6.2.3 Regulatory and Legal Activities
6.2.4 New Offerings
6.3 Business Model Analysis
7 Global Point-of-Care Imaging Devices Market Scenario
7.1 Assumptions and Limitations
7.2 Key Findings and Opportunity Assessment
7.3 Global Point-of-Care Imaging Devices Market Size and Forecast
7.4 Market Dynamics
7.4.1 Impact Analysis
7.4.2 Market Growth-Promoting Factors
7.4.2.1 High Degree of Patient Convenience
7.4.2.2 More Economical than Standard-of-Care Devices
7.4.2.3 Increasing Healthcare Spending – Increased Uptake of Diagnostic Devices
7.4.2.4 Rise in Geriatric Population Causing Change in Adoption Pattern
7.4.3 Market Growth Restraining Factors
7.4.3.1 Errors in Diagnostic Imaging
7.4.3.2 Restrictive Reimbursement Landscape
7.4.3.3 Radiation Risks from Diagnostic Imaging Modalities
7.4.4 Market Growth Opportunities
7.4.4.1 Standardization of Image Acquisition and Storage
7.4.4.2 Implementation of Artificial Intelligence (AI), Machine Learning, and Advanced Computation in Medical Imaging
7.4.4.3 Accelerating the Development of High-Value Imaging Modalities
7.5 Market Estimation Method
7.6 Key Vendors
8 Global Point-of-Care Imaging Devices Market (by Product), 2018-2030
8.1 Key Findings and Opportunity Assessment
8.2 Global Point-of-Care Imaging Devices Market Share (by Product), 2019 and 2030
8.2.1 Cart/Trolley-Based Systems
8.2.2 Handheld Devices and Wearables
8.2.3 Accessories
8.2.4 Other Portable Formats
9 Global Point-of-Care Imaging Devices Market (by Technology), 2018-2030
9.1 Key Findings and Opportunity Assessment
9.2 Global Point-of-Care Imaging Devices Market Share (by Technology), 2019 and 2030
9.2.1 Ultrasound
9.2.2 X-Ray
9.2.3 Magnetic Resonance Imaging (MRI)
9.2.4 Others
10 Global Point-of-Care Imaging Devices Market (by Clinical Utility)
10.1 Clinical Utility
10.2 Preclinical Utility
11 Global Point-of-Care Imaging Devices Market, (by Application)
11.1 General Imaging
11.2 Cardiovascular Imaging
11.3 Vascular Imaging
11.4 Obstetrics and Gynecology Imaging
11.5 Gastroenterology Imaging
11.6 Neurology Imaging
11.7 Urology Imaging
11.8 Other Applications
12 Global Point-of-Care Imaging Devices Market, (by End User)
12.1 Hospitals
12.2 Clinics and Laboratories
12.3 Ambulatory Surgical Centers (ASCs)
12.4 Academic and Research Institutions
12.5 Assisted Living Houses
13 Global Point-of-Care Imaging Devices Market, (by Region)
13.1 Overview
13.2 North America Point-of-Care Imaging Devices Market
13.3 Europe Point-of-Care Imaging Devices Market
13.4 Asia-Pacific Point-of-Care Imaging Devices Market
13.5 Latin America Point-of-Care Imaging Devices Market
13.6 Middle East & Africa (MEA) Point-of-Care Imaging Devices Market
14 Company Profiles
14.1 Overview
14.2 BK Medical Holding Company, Inc.
14.2.1 Company Overview
14.2.2 Role of BK Medical Holding Company in the Global Point-of-Care Imaging Market
14.2.3 BK Medical Holding Company: SWOT Analysis
14.3 Butterfly Network Inc.
14.4 Canon, Inc.
14.5 Digirad Corporation
14.6 Esaote S.p.A.
14.7 Fujifilm Holdings Corporation
14.8 General Electric Company
14.9 Hitachi, Ltd.
14.1 Hologic, Inc.
14.11 Hyperfine
14.12 Koninklijke Philips N.V.
14.13 MINDRAY Medical International Co. Ltd.
14.14 Perimeter Medical Imaging, Inc.
14.15 Siemens Healthineers
14.16 Stryker Corporation
14.17 Wandong Medical Technology Co. Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/qtunk
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Artificial Intelligence
Compact Solutions, Mighty Results: Cervoz Unleashes the Power of Edge Computing
TAIPEI, May 20, 2024 /PRNewswire/ — Cervoz Technology, a leader in industrial-grade storage, memory, and expansion solutions, is powering the evolution of edge computing with its innovative solutions.
In today’s data-rich landscape, businesses rely on insights from IoT devices. With advancements in AI and 5G, data volumes surge, straining traditional cloud computing with bandwidth and latency issues. Edge Computing emerges as a solution, processing data at its source for real-time insights crucial for applications like digital twins, autonomous vehicles, and smart healthcare.
What is Edge Computing?
Edge Computing is a decentralized IT architecture that processes data near its origin, often at the network’s edge. This approach divides tasks from central data centers to edge devices and nodes. It enables faster, deeper insights and enhances responsiveness, improving speed and reducing latency compared to centralized clouds. Typically, an Edge Computing system comprises three layers: device, edge, and cloud.
The Device Layer
The device layer, situated closest to the physical world, comprises endpoint devices such as sensors, controllers, and cameras, among others. The layer prioritizes data collection and initial processing for real-time response and efficiency. It requires highly reliable, compact, and energy-efficient components. Cervoz’s M.2 2230 (A+E key /B+M key) NVMe SSDs and DDR4 SO-DIMM modules optimize this setup with fast data access and efficient storage in space-saving designs. They operate reliably across a wide temperature range (-40°C to 85°C) and feature additional conformal coating and anti-vibration filling for enhanced performance in harsh environments.
The Edge Layer
The edge layer, composed of edge servers and gateways, serves as a crucial link between device-layer data sources and cloud-based operations. It is designed for extensive data handling, filtering, and analytics, emphasizing quick operations and real-time responses to minimize reliance on remote data centers. For optimal performance, components must manage high processing loads with minimal latency and maximum stability. NVMe SSDs boasting PCIe Gen3 or higher, such as the Cervoz NVMe PCIe Gen3x4 SSD, with compact M.2 form factors, advanced DRAM cache buffer, and LDPC ECC technology, are perfectly suited for the edge layer. These SSDs enable efficient directory and error correction during high-speed data transfers, thus enhancing data accuracy and reliability.
The Cloud Layer
The cloud layer requires intensive processing and long-term storage, performing analytics, operating AI and machine learning, and managing extensive data systems across various edge locations. It demands high-performing and reliable components. Cervoz NVMe PCIe Gen4x4 SSDs excel with Read/Write speeds of up to 7,100/6,190 MB/s and 4K random IOPS up to 1,000K, with aluminum heatsinks and thermal throttling for overheating issues. DDR5-5600 DRAM boosts this setup with high data throughput and efficient power use, satisfying rigorous computational needs.
Interlayer Connectivity
Reliable, low-latency network connectivity is crucial as data flows between the device layer, edge, and cloud. Cervoz 10GbE Low-Profile Ethernet Card provides high-speed, stable wired connections in high-bandwidth, low-latency environments. Additionally, the new PCIe Compact Low-Profile Ethernet Card is ideal for narrow edge device enclosures. For areas where wiring is impractical, M.2 Wi-Fi cards offer essential wireless flexibility. These connectivity options ensure a solid foundation for seamless data management across all layers.
Cervoz offers comprehensive solutions to enhance edge computing capabilities. From compact NVMe SSDs and DRAM modules, to advanced modular expansion cards, enabling seamless integration, optimized performance, and unmatched reliability in edge computing deployments.
About Cervoz
Based in Taiwan, Cervoz Technology boasts almost twenty years of expertise in developing and providing industrial-grade storage, memory, and expansion solutions across a myriad of global industrial sectors.
ContactsSales: [email protected]
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Artificial Intelligence
Team Exponentia.ai UK attended the AWS summit in London
Team Exponentia.ai UK celebrates Sanjay Kumar’s insightful session at the AWS summit in London
LONDON, May 20, 2024 /PRNewswire/ — Sanjay Kumar, Head of Exponentia.ai in UK & Europe, delivered an impactful presentation on Driving Manufacturing Innovation through AWS Analytics & AI. The recently concluded AWS Summit took place on the 24th of April in ExCeL, London.
Sanjay shared the stage at Theatre B with Adrian Pinder from DS Smith and Ahmed Raafat from AWS, captivating the audience with insights and experiences from Exponentia.ai’s collaboration with DS Smith.
During the session, Sanjay Kumar highlighted Exponentia.ai’s impressive use cases and case studies, including the Data Factory and Procurement Spend Analytics (PSA) projects undertaken in partnership with DS Smith. These initiatives demonstrated Exponentia.ai’s commitment to leveraging the AWS ecosystem to drive operational efficiency and business growth in the manufacturing sector.
The Exponentia.ai team seized the opportunity to engage with industry peers, partners, and friends, while also exploring the latest innovations showcased at the summit. Their participation in various sessions and visits to innovative booths further enriched their understanding of industry trends and best practices.
Reflecting on the event, Sanjay Kumar expressed his enthusiasm, stating, “The AWS Summit in London provided an excellent platform for us to showcase our expertise in manufacturing analytics and AI. The overwhelming response from attendees reaffirms the value of our solutions in driving innovation and transformation across industries and our commitment to deliver value to our customers through data. We look forward to continuing our collaboration with AWS and our partners to deliver impactful outcomes for our clients.”
The AWS Summit London 2024 marked a significant milestone for Exponentia.ai, reinstating its commitment to excellence and innovation in the field of AI and analytics. As the team eagerly anticipates future events, they remain dedicated to empowering businesses with transformative technology solutions.
For more information about Exponentia.ai and its innovative offerings, please visit www.exponentia.ai.
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Artificial Intelligence
Clarivate Launches AI-Enhanced Solution to Accelerate Trademark Watching
Providing faster and more accurate answers to critical business questions
LONDON, May 20, 2024 /PRNewswire/ — Clarivate Plc (NYSE: CLVT), a leading global provider of transformative intelligence, launched the first publicly available version of Trademark Watch Analyzer today at the 2024 International Trademark Association Annual Meeting. As the next-generation trademark protection solution enhanced by artificial intelligence (AI) and cloud technology, this solution combines Clarivate global trademark and case law data, in-house IP expertise, and cutting-edge AI technology. It will provide faster and more accurate answers to critical business questions by automating key trademark watching tasks and intelligently prioritizing result sets.
Trademark Watch Analyzer connects users to trademark datasets in 258 countries and territories across 191 official trademark registers, as well as data from 7+ million trademark litigation cases. This content is harmonized and connected through AI algorithms which query, connect and mine both datasets delivering advanced insights in supported watch products. This revolutionizes the way trademark watch results are delivered, so that clients can rank results based on their chance of success/opposition.
According to data from SAEGIS®, a CompuMark™ trademark solution from Clarivate, the number of trademark applications filed globally each year has more than doubled since 2014. With over one million new trademarks added to trademark registers around the world each month, the risk of infringement has never been greater, making vigilance of trademark applications essential to protect and grow strong brands.
Gordon Samson, President, Intellectual Property, Clarivate, said: “As the global business landscape grows more complex, trademark professionals are faced with challenges including more data, less context and shorter deadlines. Our advanced AI-driven solution enables clients to confidently monitor their trademarks anywhere in the world, with global monitoring and automated alerts, while also saving time, costs and critical resources. The launch of the Trademark Watch Analyzer is the latest example of our Think forward™ promise — connecting clients to trusted intelligence to ensure an IP-empowered tomorrow.”
With a more intuitive design and user interface, Trademark Watch Analyzer will enable clients to have a much-improved user experience as they work with their results. The navigation will be based on the same architecture as the Brand Landscape Analyzer launched in 2023, providing clients with a more cohesive experience within the Clarivate product suite.
Find out more about Trademark Watch Analyzer here.
About ClarivateClarivate™ is a leading global provider of transformative intelligence. We offer enriched data, insights & analytics, workflow solutions and expert services in the areas of Academia & Government, Intellectual Property and Life Sciences & Healthcare. For more information, please visit www.clarivate.com
Media Contact: Jack Wan, External Communications Director [email protected]
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