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Artificial Intelligence

Global AI-Enabled X-Ray Imaging Solutions Market: Focus on Product Type, Workflow, Mode of Deployment, and Application, and 10 Country-Level Data – Analysis and Forecast, 2021-2031

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New York, Sept. 07, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global AI-Enabled X-Ray Imaging Solutions Market: Focus on Product Type, Workflow, Mode of Deployment, and Application, and 10 Country-Level Data – Analysis and Forecast, 2021-2031” – https://www.reportlinker.com/p06135058/?utm_source=GNW
Market Segmentation

• Product – Software (Perpetual Software License, Subscription Software License, and Fee-Per-Case Software License) and Hardware
• Application – Specialty Radiology (Chest, Musculoskeletal, Fluoroscopy, and Others) and General Radiology
• Workflow – Detection, Image Acquisition, Image Analysis, Diagnosis and Treatment Decision Support, Triage, Predictive Analysis and Risk Assessment, and Reporting and Communication
• Mode of Deployment – Cloud-Based and Web-Based Solutions, and On-Premises Solutions
• Region – North America, Europe, Rest-of-the-World

Regional Segmentation

• North America – U.S., Canada
• Europe – Germany, France, Spain, U.K., Italy, Rest-of-Europe
• Asia-Pacific – Japan, China, Australia and New Zealand, Rest-of-Asia Pacific
• Rest-of-the-World

Market Growth Drivers

• Expanding Range of Applications
• Increasing Funding Activities
• Increasing Complexities of Clinical Decision-Making

Market Challenges

• Privacy and Security Concerns Related to Healthcare Data
• Lack of Trained Staff
• Barriers to Physician’s Adoption of AI
• Regulatory Hurdles
• Legal Implications of AI Systems

Market Opportunities

• Rapidly Evolving Machine and Deep Learning Techniques
• Increasing Number of Cross-Industry Partnerships

Key Companies Profiled

Agfa-Gevaert NV, Arterys, Inc., Behold.AI Technologies Limited, Carestream Health, Inc., Enlitic, Inc., General Electric Company, Imagen Technologies, Inc., Infervision Medical Technology Co. Ltd., Konica Minolta, Inc., Lunit, Inc., Quibim, S.L., Qure.ai Technologies Pvt. Ltd., Siemens Healthineers AG, Vuno Co., Ltd., Zebra Medical Vision, Inc.

How This Report Can Add Value

Who should buy this report?

• AI-based software and hardware providers to gain a holistic view of the market potential of various offerings and the developing economies for business expansions.
• Cloud service providers
• Established healthcare companies that are integrating software, machine learning, and AI into the radiology field
• Established medical technology companies to gain insights about the market potential, market entry strategies, new technologies in the market, and key competitors.

Key questions answered in the Report

• What are the various AI-enabled X-Ray imaging solutions available in the market?
• What is the current market size and future potential of these products?
• What are the major growth propelling factors, growth-inhibiting factors, and opportunities in the global AI-enabled X-Ray imaging solutions market?
• What are the major growth propelling factors, growth-inhibiting factors, and opportunities in the global AI-enabled X-Ray imaging solutions market?
• Who are the leading players holding dominating shares in the global AI-enabled X-Ray imaging solutions market currently?
• What are the key strategies incorporated by the players of the global AI-enabled X-Ray imaging solutions market to sustain the competition and retain their supremacy?
• What is the current revenue contribution of different product types, and how would it evolve in the forecast period?
• What is the current revenue contribution of different therapeutic applications, and how would it evolve in the forecast period?
• What are the current demand contribution of different workflow and workflow types, and how would it evolve in the forecast period?
• What is the current demand contribution of different deployment models, and how would it evolve in the forecast period?
• Which countries contribute to the major share of current demand, and which countries hold significant scope for expansion for business activities by players of the global AI-enabled X-Ray imaging solutions market?

Global AI-Enabled X-Ray Imaging Solutions Market Overview

Artificial intelligence (AI) is an emerging technology that uses computerized algorithms to analyze complex data.Artificial intelligence is actively used in the medical field.

The products in the global AI-enabled X-Ray imaging solutions market include hardware and software solutions used to mimic human cognitive behaviors in medical imaging.Machine learning and deep learning algorithms are examples of AI-based software solutions that are built and educated to resemble AI when used with imaging modalities like X-Ray.

On the other hand, AI-based hardware solutions include processors, microprocessors, and chips to perform crucial AI-based activities in medical imaging.

This research study evaluates the potential of the global AI-enabled X-Ray imaging solutions market. It considers every product (hardware and software) available in the market whose functionality aligns with human cognition.

The global AI-enabled X-Ray imaging solutions market is projected to reach $639.7 million by 2031, reveals the premium market intelligence study. The study also highlights that the market is set to witness a CAGR of 20.2% between 2021 and 2031.

Market Drivers

Presently, the factors driving the growth of the market include expanding the range of applications of AI, increasing funding activities, and increasing complexities of clinical decision-making.

Market Challenges

The challenges that are restricting the growth of the market include privacy and security concerns related to healthcare data, lack of trained staff, barriers to physician’s adoption of AI, regulatory hurdles, legal implications of AI systems.

Market Opportunities

Potential opportunities that are likely to boost the growth of the market include rapidly evolving machine and deep learning techniques and the increasing number of cross-industry partnerships.

Impact of COVID-19

The COVID-19 pandemic increased the use of X-Ray scans, which were used to screen out COVID-19 patients, as it allowed the doctors to see the lung is affected by the coronavirus.This directly affected the demand for AI-enabled X-Ray imaging solutions to aid the healthcare workers to screen out patients in less time.

Also, the introduction of the AI-Enabled X-Ray imaging solutions improved the workflow of X-Ray imaging. This pandemic is expected to leave a long-term impact on the global AI-enabled X-Ray imaging solutions market.

Market Segmentation

by Product Type

Under this segmentation, the market is segmented into software and hardware.

The software segment is expected to grow at the highest CAGR of 21.6% during the forecast period 2021-2031. Revenue generated by the software segment accounted for approximately 73.8% of the overall market revenue in 2020. The software segment is further segmented into perpetual software license, subscription software license, and fee-per case software license.

The hardware segment is expected to register a CAGR of 14.7% during the forecast period.

by Application

Under this segmentation, the market in segmented into specialty radiology and general radiology. The specialty radiology is further segmented into chest, musculoskeletal, fluoroscopy, and others.

General radiology segment is expected to register the highest CAGR of 22.3% during the forecast period.

Revenue generated by the specialty imaging segment accounted for approximately 81.2% of the overall market revenue in 2020.

by Workflow

This segmentation include detection, image acquisition, image analysis, diagnosis and treatment decision support, triage, predictive analysis and risk assessment, and reporting and communication.

The detection segment dominates the market with a share of 33.0% of global market in 2020.

Predictive Analysis and Risk Assessment segment is expected to register the highest CAGR of 27.0% during the forecast period 2021-2031.

by Mode of Deployment

Under this segmentation, the market is segmented into cloud-based and web-based solutions, and on-premises solutions.

The cloud-based and web-based solution segment dominates the market with a share of 65.7% of global market in 2020 and is expected to register the highest CAGR of 20.4% during the forecast period 2021-2031.

by Region

The different regions covered under the market report includes North America, Europe, Asia-Pacific, and Rest-of-the-World.

North America dominates the market in 2020 and is anticipated to uphold its dominance throughout the forecast period 2021-2031. The growth in the market is majorly driven by the increasing research and development activities and many companies being located in the U.S.

Asia-Pacific market is expected to grow with the highest CAGR of 22.9% during the forecast period 2021-2031.

Key Market Players and Competition Synopsis

Some of the key players operating in the market, include Agfa-Gevaert NV, Arterys Inc., Behold.AI Technologies Limited, Carestream Health Inc., Enlitic Inc., General Electric Company, Imagen Technologies Inc., Infervision Medical Technology Co. Ltd., Konica Minolta Inc., Lunit Inc., Quibim S.L., Qure.AI Technologies Pvt. Ltd., Siemens Healthineers AG, Vuno Co. Ltd., and Zebra Medical Vision Inc.

The AI-enabled X-Ray imaging solutions market has witnessed several strategic and technological developments from January 2018- August 2021, undertaken by the different market players to attain their respective market shares in this emerging domain.Some of the strategies covered in this segment are product development and upgradations, partnerships, collaborations, business expansions, funding activities, regulatory approvals, mergers, and acquisitions.

The preferred strategy for companies has been partnerships, collaborations, and business expansions.

Countries Covered
• North America
• U.S.
• Canada
• Europe
• Germany
• Italy
• Spain
• France
• U.K.
• Rest-of-Europe
• Asia-Pacific
• China
• Australia and New Zealand
• Japan
• Rest-of-Asia-Pacific
• Rest-of-the-World
Read the full report: https://www.reportlinker.com/p06135058/?utm_source=GNW

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.

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GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

XtalPi Unveils XtalGazer: A Comprehensive AI-Driven Polymorph Selection Platform

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CAMBRIDGE, Mass., March 28, 2024 /PRNewswire/ — XtalPi Inc., a leading global technology company in integrating artificial intelligence (AI) and robotics to advance the discovery of groundbreaking medicine and innovative materials, announced today the launch of its proprietary comprehensive solid form discovery and selection platform, XtalGazer. This advanced platform aims to significantly improve the polymorph selection process for the pharmaceutical industry by integrating AI- and automation-powered experimental and computational approaches.

XtalGazer provides a total solution for delivering high-quality polymorph screening and selection methods to expedite drug development and mitigate risks. It represents a paradigm shift in solid-state research, moving from the traditional trial-and-error approach to a data-driven, design-led methodology. The platform provides an expansive suite of foundational tools to accelerate polymorph discovery, characterization, and selection process, empowering pharmaceutical companies to conduct thorough research with less active pharmaceutical ingredient (API) in shorter development cycles.
A key component of XtalGazer is XtalCSP, a crystal structure prediction platform to perform global searches of crystal structures for target molecules and the other optional components in the corresponding searching space, offering a deep insight into possible stable forms. Furthermore, crystallization strategy recommendations will provide AI-backed experimental design to help avoid human bias. XtalGazer also utilizes MicroED to rapidly elucidate crystal structures from powder samples, reducing the need for growing single crystals.
XtalPi’s launch of XtalGazer marks another significant step in the company’s ongoing exploration of solid-state research. From crystal structure prediction platforms being one of the first products to launch at XtalPi, to today’s comprehensive polymorph selection platform, XtalPi will keep fulfilling its promise to solving challenging problems in this space. XtalPi will continue to deliver faster, more accurate, and more comprehensive approaches to building an ecosystem for the R&D process in solid-state, pre-formulation and crystallization.
For more information about XtalPi, please visit www.xtalpi.com.
About XtalPi:
XtalPi is an innovative technology company powered by artificial intelligence (AI) and robotics. Founded in 2015 on the MIT campus, XtalPi is dedicated to driving intelligent and digital transformation in the life science and new materials industries. With tightly interwoven quantum physics, AI, cloud computing, and large-scale clusters of robotic workstations, XtalPi offers a range of technology solutions, services, and products to accelerate and empower innovation for biopharmaceutical and new materials companies worldwide.
Media Contact: Vivienne [email protected]
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ICIS and Base Oil News Announce Partnership to Enhance Market Insights

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LONDON, March 28, 2024 /PRNewswire/ — ICIS, a global source of commodity intelligence, is pleased to announce a strategic partnership with Base Oil News, a premier news outlet founded by industry expert Iain Pocock that provides in-depth coverage of the base oils and lubricants market. This collaboration marks a significant milestone in the dissemination and exchange of critical market data and insights.

With more than two decades of journalism experience at Bloomberg, Reuters, and Argus Media, Iain Pocock brings unparalleled expertise to this partnership. His deep understanding of illiquid energy markets makes him a credible and influential figure in the industry. Since November 2023, Iain has been working closely with ICIS to share and exchange valuable data and insights, enhancing the services both platforms offer to the base oils and lubricants market.
Through the collaboration, Iain integrates ICIS’ extensive content and data resources in Base Oil News market coverage. In return, he contributes market insights to ICIS News, including expert and exclusive analysis of supply and demand dynamics, price margins, and other critical market drivers. This exchange ensures that subscribers of both ICIS and Base Oil News have access to the most comprehensive, timely, and accurate market information, empowering them to make informed decisions.
“It’s a very exciting partnership – where we leverage each other’s strengths and provide actionable insights to our customers,” said Iain Pocock, Founder of Base Oil News. “The market is the winner.”
“As ICIS is already the world’s most trusted pricing benchmark for base oils, this collaboration with Iain Pocock and Base Oil News provides an even stronger and deeper service to our customers,” said Stephen Burns, Editorial Director at ICIS. “Iain’s expertise and extensive industry connections are invaluable, and we have established a fruitful partnership that benefits the market at large.”
For the latest insights from Iain Pocock on ICIS News, visit ICIS News.  
About ICIS
ICIS – Independent Commodity Intelligence Services – helps businesses through seamlessly delivering data and analytics, across the chemical, fertilizer and energy markets. A trusted source and benchmark for price information and insight across key commodities markets worldwide. Our independent, transparent market intelligence informs thousands of quality decisions every day, taking the pressure out of negotiations and giving customers space for more innovative thinking, through published datasets including price assessments, price forecasts, supply and demand fundamentals and more.
Over 150 years of shaping the world by connecting markets to optimise the world’s valuable resources. With a global team of more than 600 experts, ICIS has employees based in London, New York, Houston, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Dubai, Sao Paulo, Seoul, Tokyo and Perth.
ICIS is part of RELX, a FTSE15 company with a market cap of £64bn and an employee base of over 30,000 experts across 40 countries.
About RELX
RELX is a global provider of information and analytics for professional and business customers across industries. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs approximately 30,000 people of whom almost half are in North America. RELX PLC is a London listed holding company which owns 52.9% of RELX Group. RELX NV is an Amsterdam listed holding company which owns 47.1% of RELX Group. The shares are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX and RENX. Total market capitalisation is approximately £64bn | €75bn | $81bn.
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Trianz Welcomes Israel Abraham as Vice President of Services for Extrica.ai – The Data to AI Platform

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SANTA CLARA, Calif., March 28, 2024 /PRNewswire/ — Digital transformation technology & services company Trianz is pleased to announce the appointment of Israel Abraham as Vice President of Extrica Platform Services.

Trianz has embarked on a transformative journey, redefining its value proposition with an ‘IP Led’ model, with a commitment to deliver the fastest time to value, lowest human dependence, and highest ROI. Central to this approach are our hyper-automated platforms, Concierto.Cloud, Extrica.AI, and Pulse, driving industry-leading transformations in cloud, data and analytics, AI, and the digital workplace.
Israel Abraham is a very well-known pioneer and industry leader in AI, data management, and analytics systems, with over three decades of experience. He joins as the services leader for Extrica- the Trianz Data to AI platform, which productizes data, provides data a face and purpose, and accelerates time to insights and AI by 50% or more. In the role of Extrica Services leader, Israel will lead the shaping, visioning, and delivery of Extrica.ai based enterprise wide datamesh, BI, and AI solutions for customers worldwide.
“We are thrilled to welcome Israel Abraham to the Trianz family,” said Sri Manchala, CEO of Trianz and author of Crossing the Digital Faultline. “He is a leader in modernization as well as conceptualization of data platforms anew. Israel’s prior background in the industry with financial services and insurance giants underscores our commitment to securing top-tier talent that brings real-world experiences and needs to our technology platforms. As we continue to broaden our footprint in the digital transformation space, Israel’s visionary leadership and practical experience will serve as the cornerstone in accelerating insights and AI to deliver transformative value to our clients.”
Having played pivotal roles in highly reputed and large organizations such as Liberty Mutual Insurance, MassMutual, Safeco, and CNA Insurance, Israel has garnered recognition as a seasoned leader in big data and AI cloud implementations. His accolades include the prestigious 2014 Ventana Research IT Innovation Award, the 2009 Informatica MDM Innovation Award, and three filed Data Engineering patents in the last four years.
“Trianz has been at the forefront of digital innovation, and Extrica.ai is a paradigm shifting data to AI platform that completely changes how analytics and AI are delivered- much faster, taking business ahead of change. I am excited to scale the adoption of the Extrica platform, which has attracted attention from giants across the industry and hyperscalers,” said Israel Abraham. “I look forward to engaging with customers, bringing my own experiences, and collaborating with the talented team at Trianz to further enhance the capabilities of the Extrica Platform Services to transform data & AI strategies, execution, and outcomes for customers.”
About Trianz
Trianz is a leading-edge technology platforms and services company that accelerates digital transformations at Fortune 100 and emerging companies worldwide in data & analytics, digital experiences, cloud infrastructure, and security. Our ‘IP Led Transformations’ approach, informed by insights from a recent global study spanning 20+ industries and 5000+ companies, addresses challenges posed by the rapid pace of AI-driven transformation, digital talent scarcity, and economic uncertainty. Our IP and platforms, including Concierto, Extrica, and Pulse, revolutionize cloud adoption, data analytics, and AI insights, empowering organizations to navigate the complexities of digital transformation seamlessly.
Founded in California and with an organization of over 2,000 associates across the United States and India, Trianz is a Premier Partner of AWS, consistently rated #1 by clients for value delivery over the past five years. Trianz has been ranked as one of the best Consulting Firms by Forbes and has been certified as a Great Place to Work for three years in a row. To learn more about Trianz, email [email protected] or visit www.trianz.com.
Watch Trianz CEO Sri Manchala’s insightful interview with Bloomberg on Partner | Crossing The Digital Faultline & Leading Towards Transformative Success – YouTube and delve deeper into his book Crossing the Digital Faultline at Crossing the Digital Faultline | Trianz.
Trianz Media [email protected] +1-408-387-5800
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