Artificial Intelligence
The global 3D medical imaging market is expected to grow at a CAGR of 6.41% during 2022-2027
New York, Aug. 25, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “3D Medical Imaging Market – Global Outlook and Forecast 2022-2027” – https://www.reportlinker.com/p06316305/?utm_source=GNW
Medical imaging has grown long from the initial days of CT scanners and MRIs. 3D imaging is the new trend in the medical imaging area. It utilizes medical imaging data sets to create 3D models with the help of emerging technologies like AI and Deep Learning.
3D medical imaging is a burgeoning market that is transforming radiological diagnosis and surgical planning. 3D imaging provides clear and accurate views that can quickly summarize the relationship between anatomic structures for planning surgical procedures before and during the operating room. Some of the advantages of 3D medical imaging include less damage to healthy tissues and a lower risk of complications for the patient, which contributes to lower surgical mortality. Reduced costs resulting from increased diagnostic sensitivity across all specialties and shorter operating time per procedure. 3D imaging services have become an essential component of radiologists’ clinical workflows in various specialties, including vascular, orthopedic, chest, breast MR, gastrointestinal, emergency, and pediatric exams.
MARKET SYNOPSIS
The market is witnessing significant growth, expected to continue at a good pace during the forecast period. The market’s healthy development is attributable to the surge in the adoption of 3D medical imaging specialties and modalities worldwide. The market is observing significant growth because of the rise in awareness of advanced imaging technologies among radiologists to quickly ease their workload with enhanced images, increased sensitivity, and accuracy. The market is also experiencing growing investments in implementing AI in medical imaging to develop advanced software for converting 2D image files to 3D images.
3D medical imaging is already used in high-income countries to improve the speed and accuracy of disease diagnosis and help with clinical care. Also, 3D imaging technologies are instrumental in supporting treatment and advancing surgeries. Adopting 3D medical imaging solutions could also allow resource-poor countries and rural communities to overcome challenges such as the surge in disease prevalence, diagnostic errors, and delayed diagnosis.
Additionally, the 3D imaging systems trained primarily with data from high-income countries may not work well for low-and middle-income countries. Therefore, 3D imaging systems are carefully designed to reflect the diversity of health-related and socio-economic frameworks. It must be accompanied by training in digital skills, community participation, improved IT infrastructure, and awareness, especially for millions of health workers/physicians/radiologists who need digital literacy or restraining when their roles and functions are automated and who struggle with machines that make decisions and have autonomy. The market is being driven by the surge in diagnostic imaging procedures due to the rise in the prevalence of chronic illnesses and the adoption of advanced imaging techniques. Also, the increase in the geriatric population globally and its high dependency on health services propel market growth. Other factors such as R&D initiatives coupled with favorable health policies of various national governments are anticipated to boost the market growth in the forecast period.
TECHNOLOGICAL ADVANCEMENTS
a) To cater to the growing demand for 3D medical imaging technologies, vendors focus more on developing advanced 3D medical imaging technologies to meet the current unmet medical imaging needs. As a result, several companies are focused on implementing an AI implementation to generate 3D images faster with better accuracy. For instance, ImFusion company offers consulting, research, and development in advanced medical image computing technologies and computer vision built an AI tool to turn 2D ultrasound data into 3D images. PIUR IMAGING, a medical technology manufacturer in Austria, also offers AI-based remote image analysis. Its cloud-based remote expert service facilitates image analysis and speeds up time-consuming 3D measurements using AI technology.
b) Various companies are producing actual hologram systems focused on medical imaging. Digital 3D holographic imaging technology has given surgery an auspicious result. This technology can use MRI data and CT scans to produce 3 holograms of the images. These holograms give surgeons much better insights into the patient’s pathological and anatomical condition. Several ongoing research studies have demonstrated how a holographic video stream of the desired anatomical structure is generated by gathering 3D images from a conventional X-ray system and a “holographic video projector.”
SEGMENTATION ANALYSIS
Segmentation by Modality
• X-Ray
• Ultrasound
• CT
• MRI
• Others
Segmentation by Speciality
• Oncology
• Cardiology
• Obstetrics & gynecology
• Orthopedic
• Neurology
• Others
Segmentation by End-User
• Hospitals
• Diagnostic Imaging Centers
• Others
GEOGRAPHY ANALYSIS
North America leads the way in the adoption of 3D medical imaging systems. The presence of a large patient population and improved adoption of 3D medical imaging software and hardware are the primary reasons for its large market share. In North America, key 3D medical imaging players have a strong presence. Several high-income countries are increasing their investments in AI to implement 3D medical imaging to improve technologies. The rising prevalence of chronic diseases, rising investments in 3D technologies in the healthcare sector, and rising health expenditures are driving the growth of the 3D medical imaging market.
The increasing work pressure on radiologists with increasing medical imaging activities is raising the demand for more adoption of 3D medical imaging technologies in the region. In addition, there is also increase in the 3D medical imaging start-ups in recent years, and they have come up with more advancements with applications in various specialties is, driving the market in the region.
Europe is the second-largest market for 3D medical imaging. The presence of many prominent market players and high healthcare spending are the primary factors for the significant market share in this region. Large companies are highly engaged in mergers and acquisitions to expand their product portfolio. In the Middle East & Africa, and Latin America, lack of training and knowledge, insufficient IT infrastructure, and lack of awareness of the importance of 3D medicine imaging are hindering the growth of the 3D medical imaging market. APAC region is expected to grow faster with a CAGR of 7.16% during the forecast period.
Segmentation by Geography
• North America
o US
o Canada
• Europe
o Germany
o France
o UK
o Italy
o Spain
• APAC
o China
o Japan
o India
o South Korea
o Australia
• Latin America
o Brazil
o Mexico
o Argentina
• Middle East & Africa
o Turkey
o Saudi Arabia
o South Africa
FACTORS CONTRIBUTING TO THE GROWTH OF MARKET
• Adoption of Digital 3D Holographic Imaging in Surgical Planning
• Rising Implementation of AI in 3d Medical Imaging
• High Adoption of 3D Medical Imaging in Teleradiology
• Growing Inclination of Physicians towards 3D Medical Imaging Technologies
IMPACT OF COVID-19 PANDEMIC
The outbreak of the COVID-19 pandemic led to a boost in demand for the medical imaging market. The COVID-19 crisis has placed medical systems worldwide under unprecedented and growing pressure. The need for diagnosis increased during the pandemic, and the imaging sector hit. This led to the price of medical imaging devices being unreasonably high. Because the supply chains were blocked due to lockdown, it decreased the adoption of 3D medical imaging systems. The radiologists were only focused on selective modalities. For instance, lung ultrasound and chest X-ray were practiced highly during the COVID-19. Usage of the imaging systems such as X-rays and ultrasound increased during the pandemic.
HIGH ADOPTION IN HOSPITALS
a) Hospitals in North America and Europe have witnessed a substantial surge in the adoption of 3D medical imaging solutions. The increasing adoption rate of 3D medical imaging is due to the rise in the prevalence of patients with several health conditions who delay the diagnosis. The hospital segment accounted for a significant share of 47.58% of the global medical imaging market. Rising delayed diagnosis cases are increasing the demand for automated medical imaging technologies to reduce the work pressure on the radiologists and the hospital and thus is a major driving factor for 3D medical imaging market growth.
b) The diagnostic imaging centers segment is anticipated to grow at the highest pace at a CAGR of 7.05% during the forecast period. The growing adoption of 3D medical imaging systems and their low cost in diagnostic imaging centers attract patients. Some significant factors contribute to the highest CAGR of the diagnostic imaging centers segment.
INCREASED DEMAND FOR 3D MEDICAL IMAGING SYSTEMS IN THE ONCOLOGY SEGMENT
a) The oncology segment is the highest revenue contributor with $1,136.41 million and is also expected to grow at the highest CAGR of 7.03% during the forecast period. This is because, in the oncology specialty, 3D medical imaging systems have been highly adopted for cancer diagnosis and treatment plans. There has been an increasing investment in scaling up advanced imaging techniques in oncology, and this is one of the driving factors of the 3D medical imaging market growth in the oncology specialty.
b) Many hospitals and diagnostic imaging centers have already adopted 3D medical imaging systems in their oncology department. Several prominent vendors are already offering 3D medical imaging systems, and many emerging players are also offering 3D medical systems, which have been highly adopted in oncology, mainly for mammography.
MODALITY INSIGHTS
Among all the modalities, the X-ray segment accounted for the highest market share of 39.89% in 2021. This is because X-ray is the most common modality, and radiologists are highly using the 3D X-ray systems in hospitals and teleradiology practices at present, majorly in the areas of orthopedics and dental as vendors are highly focused on developing 3D X-ray systems for orthopedic and dental application and provide the fastest results. Several research and imaging centers have highly adopted 3D X-ray systems. This is also because 3D X-ray systems are much more cost-effective than others. During COVID-19, X-rays remained dominant for respiratory examination (Lung).
VENDOR ANALYSIS
The market is moderately dynamic, with the presence of a few international and several local and regional vendors offering a comprehensive range of 3D medical imaging solutions. Siemens Healthineers, GE Healthcare, and Koninklijke Philips are the key players in the market. The players are also highly engaged in research and development activities. New product approvals coupled with R&D activities enable vendors to expand their presence, enhance market growth, and sustain their market position in the global market.
• Siemens Healthineers product named natural, accurate 3D imaging Multitom Rax is the world’s first X-ray scanner to produce real 3D images under natural weight-bearing conditions. It examines patients in the natural positions that cause pain – lying, sitting and standing. It eliminates the need to simulate the pressure and impact of weight artificially. It can show 3D images of the C-spine, L-spine, sinuses, hips, and more.
• In 2021, GE Healthcare introduced a digital X-ray system named Definium Tempo that will help reduce the workflow burdens on radiologists. Definium Tempo consists of live streaming video and 3D depth cameras and has already been adopted by North Central Bronx Hospital.
• In 2021, GE launched a new CT scanner, Revolution Ascend, designed to deliver better workflow through artificial intelligence (AI) technology. This unique technology will help the radiologists to generate a 3D model of the patient’s body.
• Large-scale 3D medical imaging market investments through varied conglomerates and investment firms are seen in developed countries.
• Several international players focus on developing innovative products with advanced technologies such as AI implementation to expand their product portfolio.
Key Vendors
• General Electric
• Siemens Healthineers
• Koninklijke Philips
Other Prominent Vendors
• ATEC Spine
• Analogic
• Canon Medical Systems
• Carestream Health
• Dentsply Sirona
• ESAOTE
• Fuel 3D Technologies
• FUJIFILM
• Hologic
• Planmeca Oy
• Samsung Medison
• Sonavex
• Midmark
• ScreenPoint Medical
• SuperSonic Imagine
KEY QUESTIONS ANSWERED
1. How big is the 3D medical imaging market?
2. What is the growth rate of the 3D medical imaging market?
3. Who are the key players in the 3D medical imaging market?
4. What are the growth factors in the 3D medical imaging market?
5. Which region is expected to hold the largest share in the 3D medical imaging market?
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Artificial Intelligence
How AIoT shapes the future of mobility: Hikvision at ITS World Congress 2024
HANGZHOU, China, Sept. 27, 2024 /PRNewswire/ — Hikvision made a significant impact at the ITS World Congress in Dubai with its captivating theme, “Embrace AIoT for safer, smarter, and greener mobility.” Its booth became a hub of innovation, where visitors explored AIoT solutions that are reshaping the transportation landscape, sparking deep conversations on the future of urban mobility.
Road safety revolution: harnessing AIoT for secure transportation
Hikvision’s commitment to road safety was on full display at its booth through the impressive array of AIoT solutions designed to create secure and reliable traffic environments. The company’s technology provides 24/7 traffic monitoring, ensuring continuous oversight of motor vehicles, non-motorized vehicles, pedestrians and environmental factors. This comprehensive, real-time information collection enables traffic managers to prevent accidents and enhance road safety. Among the showcased products was the 20 MP IR ANPR Checkpoint Capture Unit, renowned for its high-definition capture capabilities, bolstering traffic safety measures.
A standout innovation was the integration of advanced radar and camera technologies, ensuring uninterrupted, comprehensive detection even in adverse weather conditions. The Radar-Video Fusion Incident Detection Cameras, featured prominently in the product experience area, enable early detection and warning of potential hazards. They are particularly effective in challenging situations such as curved roads, blind spots at intersections, and obstacles beyond visual range.
Attendees also engaged with onboard monitoring products on the simulated bus, including dome network cameras, which is designed to enhance passenger safety. Driving assistance products, such as the Driver Status Monitor (DSM), were demonstrated to mitigate unsafe driving behaviors and ensure safer journeys.
Urban mobility redefined: smart traffic innovations
In the realm of smarter mobility, Hikvision showcased its multidimensional sensing technology, which integrates visible light sensors, infrared sensors, radar, and sonar. This technology expands perception capabilities, significantly improving traffic management and situational awareness. The use of AI-powered comprehensive sensing elevates incident monitoring and violation detection to unprecedented levels of accuracy and efficiency.
A major attraction was the Radar-Video Fusion TandemVu PTZ Camera, which integrates millimeter-wave radar with high-resolution cameras for extensive traffic detection and data analysis. AI-based algorithms combine these two systems to enhance target information, detecting up to 16 types of incidents. This leads to the development of a large-scale fusion model that merges spatial physical data with image semantic information. The result is ultra-long-range perception, achieving over 95% accuracy in vehicle trajectory detection. This robust system improves traffic violation management and optimizes traffic flow, significantly enhancing road efficiency.
At the simulated bus station, visitors observed how AI-assisted people counting automated the collection of passenger flow statistics at peak stop hours and bus line frequency during busy periods. Paired with smart bus stop digital signage, the solution improves bus service quality, operational efficiency, passenger experience, and overall public transport effectiveness.
Sustainable transportation: leading the charge for greener cities
Hikvision’s commitment to sustainable urban mobility was evident through its innovative green wave technology and eco-friendly checkpoint solutions. Green wave technology efficiently manages traffic flow to reduce congestion and lower carbon emissions, aligning with global sustainability goals. Visitors were particularly impressed by a case study showcasing a green wave solution implemented in Zhoushan, China. Over a stretch of 21 kilometers and 34 intersections, this main road cut travel times by 50%.
The use of DarkFighterX technology in checkpoint cameras also received significant attention. This technology senses both visible and invisible light, resulting in more accurate and realistic images. It enhances traffic violation enforcement efficiency while minimizing the need for high ambient light levels, thus reducing light pollution. The 9M DarkfightX ANPR Checkpoint Camera exemplified this dedication to environmental stewardship.
Frank Zhang, President of Hikvision MEA, remarked, “Hikvision supports sustainable urban planning by empowering traffic departments to address congestion and transportation challenges.” He further emphasized, “Our system’s openness fosters a secure and reliable platform for developing smart and green cities. Additionally, our solar technology is extensively utilized in remote areas, while our smart street lighting solutions reduce energy consumption by 20-30%, promoting intelligent urban transportation and advancing global sustainability objectives.”
Hikvision’s presence at the ITS World Congress in Dubai underscored its leadership in integrating AIoT technologies to drive safer, smarter, and greener mobility solutions. The engaging presentations and advanced product demonstrations captured significant attention from industry partners and customers, reaffirming the company’s role as a pioneer in shaping the future of urban transportation. As the world moves towards more intelligent and sustainable transportation systems, Hikvision remains at the forefront, embracing AIoT to create a safer, smarter, and greener future for all.
To find out more about Hikvision’s advanced traffic and public transport solutions, please explore the Hikvision official website.
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Artificial Intelligence
Anti-Drone Market worth $7.05 billion by 2029 – Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., Sept. 27, 2024 /PRNewswire/ — The global anti-drone market was valued at USD 2.16 billion in 2024 and is projected to reach USD 7.05 billion by 2029; it is expected to register a CAGR of 26.7% during the forecast period according to a new report by MarketsandMarkets™. Increasing government spending on counter-drone technologies, rising incidence of critical infrastructure security breaches by unauthorized drones, and surge in adoption of aerial remote sensing technologies to safeguard critical infrastructure are attributed to the demand for anti-drone.
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Browse in-depth TOC on “Anti-Drone Market” 178 – Tables61 – Figures253 – Pages
Anti-Drone Market Report Scope:
Report Coverage
Details
Market Revenue in 2024
$ 2.16 billion
Estimated Value by 2029
$ 7.05 billion
Growth Rate
Poised to grow at a CAGR of 26.7%
Market Size Available for
2020–2029
Forecast Period
2024–2029
Forecast Units
Value (USD Million/Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
By System Type, Application, Platform type, Vertical, and Region
Geographies Covered
North America, Europe, Asia Pacific, and Rest of World
Key Market Challenge
Vulnerability to hacking
Key Market Opportunities
Emphasis on improving unmanned aircraft systems technology
Key Market Drivers
Growing number of illicit activities
By System Type: Hybrid systems to account for the larger market share in the forecasted year.
The hybrid segment accounted for the largest share of the anti-drone market in 2029. The trends of integrating multiple anti-drone technologies are rising since they are most effective in detecting, tracking, and neutralizing drone threats. These systems merge electronic, kinetic, and lasers, providing a comprehensive defense solution against UAVs. Hybrid systems use electronic, kinetic, and laser-based countermeasures to offer optimum protection against drones. These systems are designed to detect, track, identify, categorize, and mitigate drones at operational wide ranges ranging from a few km up to tens of km.
By Platform: The ground-based segment accounted for the largest market share in the forecast year.
The ground-based segment will hold a major share of the anti-drone market in 2029. Many ground-based anti-drone systems use several electronic technologies, such as radar, IR sensors, acoustic systems, and RF & GNSS jammers. MESA radar solutions are used mostly for counter-UAS purposes, protecting critical infrastructure, military camps, and other security-sensitive sites from unauthorized drones. One such solution is EchoGuard, a ground-based airspace management solution that contains a software-defined 3D radar that can be specific to the site. This system can identify single or multiple off-chance drones, including swarms in unauthorized areas. They provide accurate and sustained airspace surveillance for the field of view (FOV) they are configured, and both human and AI-monitored visual checks. The system can be easily transported and integrated directly with the command-and-control centers or another identification sensor for portable use, and multiple units of the system can be combined to cover vast areas or lengths of borders. Major providers of ground-based counter-drone systems include companies like EchoDyne Corporation, DeTect, Meteksan Defense, and WhiteFox Defense. Acoustics-based Discovair G2 utilizes patented microphone arrays. With 128 interconnected microphone elements, the Discovair sensor units can establish azimuth and elevation to the target in real-time using advanced digital signal processing.
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By Region: Americas are expected to hold the largest share of the anti-drone market during the forecast period.
Americas is expected to capture the largest share in the anti-drone industry during the forecast period. The growth can be attributed to protecting crucial infrastructure in the region. Governments, particularly in the US, invest in anti-drone systems for military bases, borders, and critical infrastructure. For Instance, in April 2023, RTX secured a USD 237 million contract from the US Army to provide Ku-band Radio Frequency Sensors (KuRFS) and Coyote effectors. These systems are designed to detect and neutralize unmanned aircraft systems (UAS). The contract includes stationary and mobile systems and a specified quantity of effectors, all aimed at enhancing the Army’s operations within the US Central Command region.
Key Players-
The key companies offering anti-drone companies include RTX (US), Lockheed Martin Corporation (US), Leonardo S.p.A. (Italy), Thales (France), and IAI (Israel).
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Artificial Intelligence
CluePoints Launches Medical & Safety Review (MSR) Software to Revolutionize Clinical Data Review
CluePoints furthers its commitment to delivering innovative solutions that enhance clinical trial efficiency with this latest addition to its enterprise software platform.
KING OF PRUSSIA, Pa., Sept. 27, 2024 /PRNewswire/ — CluePoints continues to transform clinical trial review and leverage its industry-leading software to enhance the interrogation, analysis and presentation of data with the launch of its latest application, Medical & Safety Review (MSR).
The tool simplifies and streamlines the medical analysis of study data through user-friendly dashboards, data manipulation and cleaning, query management and full transparency over the data history. This not only improves efficiency and communication in medical oversight, but also elevates patient safety, differentiating MSR as a smarter and unique solution.
Designed by, and for Medical and Safety Reviewers, MSR converts the manual analysis of patient outcomes, which can be prone to inefficiency and error, into an accurate, efficient process. MSR tackles time-consuming study preparation for specific visualizations by featuring a comprehensive standard visualization library as well as the ability to copy and reuse dashboards across different studies, enabling the identification of outlying values, change tracking, and improved communication for smarter clinical trials.
Other benefits of MSR include:
Enhanced medical review efficiency and reduced human errors via automated checksReduced time spent by clinical and data management teams in reviewing dataImproved collaboration with integrated review workflows across departmentsEnsured record quality and accountability with comprehensive change trackingDriving faster decision making with the proactive detection of trends and safety issuesEnsuring regulatory compliance with rule-based detection and user assignmentsAndy Cooper, Chief Executive Officer at CluePoints, commented, “We are thrilled to announce the launch of Medical & Safety Review to our growing product offerings. MSR is the latest application addition to the CluePoints platform, which includes products such as Risk-Based Quality Management (RBQM) and our Site Profile & Oversight Tool (SPOT). Together, they provide a comprehensive approach to clinical trial optimization, enhancing data integrity, ensuring regulatory compliance, and accelerating drug development. The creation of MSR ensures a more streamlined review process while prioritizing patient safety at every step and empowers medical teams to swiftly identify outliers, track data changes, and improve communication.”
To learn more about CluePoints’ award-winning solutions, please visit www.cluepoints.com
About CluePoints
CluePoints is the premier Risk-Based Quality Management (RBQM) and Data Quality Oversight Software provider. We are leveraging the potential of Artificial Intelligence using Advanced Statistics and Machine Learning to determine the quality, accuracy, and integrity of clinical trial data both during and after study conduct. Aligned with guidance from the FDA, EMA, and ICH E6 (R2), CluePoints is deployed to support central and on-site monitoring, medical review, quality risk management and to drive a holistic Risk-Based strategy in all trials. Coupled with thought leadership and consulting expertise to aid pre-study risk assessment, identification of risk controls and solution implementation, you now have everything you need to adhere with global regulatory guidance. The result is positive clinical development outcomes, increased operational efficiency, lower costs and reduced regulatory submission risk as part of the industry paradigm shift to RBQM.
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